Apple zooms past rivals, with 88% profit growth
Apple surpassed even the most optimistic forecasts for its usually tepid second quarter on strong sales of Macintosh computers and iPod music players.
- Apple board defends Steve Jobs in options investigation

New online TV service gets blue-chip sponsors
Joost has lined up several blue-chip advertisers, including United Airlines, Microsoft, Sony Electronics and Unilever, as it prepares for its introduction.

The End-User: In media, we distrust
Asked to rank their level of trust in a dozen industries ranging from insurance to health care, respondents around the world invariably put media and entertainment dead last, according to Edelman, the U.S. public relations and consulting company.

Two high-end servers signal a new era in computing
Sun Microsystems and IBM are introducing machines designed to exploit vast new consumer-oriented computing markets.

AOL looks for growth in India, targeting the growing online population.
Although AOL has been dropping its Internet access businesses, it has been making a bigger push at delivering content through free Web sites.

U.S. regulators propose curbs on violent TV programs
The Federal Communications Commission has urged lawmakers to pass laws to restrict violent programs to late evening, when most children would not be watching.

News Corp. reaches deal to bring MySpace to China
News Corp. and its partners will, in effect, finance a Chinese start-up rather than importing its popular MySpace.com unit.

New York Times shareholders withhold 42 percent of board vote
The votes withheld represented more than half the investors who are not part of the Ochs-Sulzberger family, and they gave voice to a growing displeasure with the company's management and financial performance.

AT&T earnings beat Wall Street estimates
But some investors and telecommunications industry analysts said they were not sure AT&T could continue the pace, particularly with growth slowing in the mobile phone business.

New BenQ strategy: Make parts for others
The Taiwanese maker of computing devices Wednesday announced its sixth straight quarterly loss and slammed its strategy into reverse, renaming itself Jia Da.