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    Last update: December 22, 2009

    +Wal-Mart Strafes Amazon in Book War
      Wal-Mart launched a price war against Amazon.com, saying it would sell 10 hotly anticipated new books for just $10 apiece through its Web site.

    +Web Advertising Boosts Google Net
      Google shook off the recession and said its Internet advertising business picked up steam during the third quarter, as marketers began spending again.

    +LG Display Profit Rises
      South Korea's LG Display said third-quarter profit nearly doubled from a year earlier, thanks to a steady rise in prices of flat panels and strong demand for LCDs from China.

    +IBM Net Rises 14%, Topping Forecast
      IBM's third-quarter profit jumped 14% as better margins more than offset lower revenue. The tech giant again raised its full-year profit target.

    +AMD Posts Smaller Loss Than Forecast
      Advanced Micro Devices reported a narrower net loss than expected in the third quarter, benefiting from a rebounding PC market that also aided rival Intel.

    +Charges Hit Nokia Profit
      Nokia reported a quarterly net loss as it booked hefty one-off charges and impairments on Nokia Siemens Networks, but raised its outlook for mobile device industry volumes in 2009.

    +Microsoft Recovers Lost Sidekick Data
      Microsoft said it has been able to recover the personal data lost on many of T-Mobile USA's Sidekick messaging phones.

    +Oracle Targets a New Rival: IBM
      As Oracle prepares to shift from just selling computer software to also selling hardware, CEO Larry Ellison is making it clear that Oracle is gunning for a new rival: IBM.

    +Microsoft Plans Retail Stores
      Amid the hype surrounding the release of Windows 7, Microsoft will quietly take the wraps off another big gamble: its first retail stores.

    +Tandberg Holders Reject Cisco Offer
      Shareholders representing 24% of the shares in Tandberg rejected Cisco's recent $3 billion offer for the video-conferencing-equipment maker, fuelling hopes that the company might raise its bid.

    +Rise of E-book Devices Boosts Taiwan Firms
      The rising popularity of electronic book readers such as Amazon.com's Kindle bodes well for Taiwanese electronics companies that make the key components and are investing to grab an early lead in the market.

    +AT&T Slams Google Over Call Blocking
      AT&T accused Google of blocking calls to Benedictine nuns, a congressman's office and a myriad of rural small businesses, in the latest escalation of their battle over Internet network rules.

    +MySpace Tries to Recover Its Cool
      News Corp.'s MySpace is trying to reignite its brand by focusing on areas like music, videos and games as users abandon the social-networking site for cooler destinations

    +Wal-Mart Wireless Expands
      Wal-Mart said it would expand Tracfone Wireless's ultracheap Straight Talk cellphone service nationally, in another illustration of the pricing decline at the low end of the wireless industry.

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