The Nasdaq crossed 2800 Tuesday for the first time since January 2001 as investors took in minutes from the last FOMC meeting. Bellwethers Microsoft and Google rose. Shares of Sprint slipped following the exit of the wireless carrier's CEO.

  AT&T has agreed to buy Aloha Partner's wireless spectrum, which covers 72 of the nation's top 100 markets, for about $2.5 billion.

  Sony cut the prices of its PlayStation 3 game consoles in Japan and said it will offer a new low-range model, following similar moves in Europe.

  Yahoo will buy stock valued at about $100 million in an IPO by Alibaba.com's business-to-business subsidiary.

  Sun Microsystems said its new servers use an unusual microprocessor, Niagara 2, that can act like 64 separate servers and save on power consumption.

  LG.Philips LCD swung to a profit in the third quarter, reporting its best quarterly results in more than three years thanks to higher panel prices, strong shipments and reduced costs.

  Rhapsody is partnering with TiVo to make its online music service available on digital video recorders in a bid to expand its audience.

  Google will begin showing YouTube videos on thousands of other Web sites, hoping to profit from ads attached to the clips.

  BitTorrent plans to unveil technology that it says will make high-quality Web video affordable to more content providers.

  A judge ordered Qualcomm's outside attorneys to appear at a hearing to consider whether they should be sanctioned for evidence that was not disclosed to defendant Broadcom.

  Facebook finance chief Gideon Yu has joined the board of Vobile, a provider of fingerprinting technology for identifying video content.

  Online job boards that are industry-specific are growing in popularity, posing a threat to broad-based online job boards and their newspaper partners.