Google is in advanced talks with Verizon Wireless and Sprint Nextel about offering handsets tailored to its new mobile phone operating system.

  Dell recorded a $92 million reduction in net income as it restated four years of financial results. The company indicated one of the biggest problems concerned how it accounted for software sales.

  Cerberus withdrew its $6.2 billion offer for Affiliated Computer Services, citing poor conditions in the debt markets.

  Samsung restated results forall four quarters of 2006 to comply with a new accounting rule, resulting in lower full-year net.

  Google shares approached $700 Tuesday on mounting speculation over the company's wireless-services plans, while the Nasdaq wavered as focus turned to the Fed's interest-rate meeting.

  Qwest's profit rose sharply on a $2.1 billion tax gain, but shares fell 14% amid the company's lack of clarity about its strategy.

  The House approved a bill to extend a moratorium on Internet access taxes for seven years, despite considerable support for a permanent ban. The Senate has passed a similar measure.

  Meebo will open its Web site to software developers, a move that may help the Silicon Valley start-up rival Facebook and Google.

  An expected FCC ban on cable companies' exclusive deals with apartment buildings could have little immediate impact on the market.

  Sirius posted a narrower quarterly loss and added 525,000 new subscribers ahead of its planned merger with XM Satellite.

  LDK Solar has been contacted by the SEC about allegations that the company incorrectly reported its inventory figures.

  Matsushita Electric Industrial said its net fell 17% from a year earlier, when results included a gain, and amid recalls.

  MySpace signed a deal with start-up Zazzle.com that will let musicians with MySpace pages create virtual stores.

  GM's technology chief faces the challenge of cutting IT costs in addition to reducing the time and money it takes to design, build and deliver vehicles.