Intel's big quarter fails to meet Wall St. forecast
The report comes amid rising investor concern about the impact of a possible slowdown in computer spending during the first half of the year.

EU moves toward ruling on German gambling law
The law banning online betting except for on horse races sets Germany apart from other European Union countries.

Nokia to shut German plant
About 2,300 employees will lose their jobs when the factory in Bochum is closed this year. An analyst termed Germany as not cost-efficient for manufacturers.

EMI's pain doesn't mean gain for other labels
The British music company announced plans to cut 1,500 to 2,000 jobs as it refocused on the discovery of new artists.
- EMI Group restructuring to cut £200 million in costs

Former New York Times editor becomes media critic
Howell Raines, who spent 25 years at The Times and was at the helm during the Jayson Blair scandal, said he would not use his new post to settle old scores.

EU regulator and Microsoft face off anew
Two new European Commission antitrust investigations have ended the brief peace that followed a 2007 court ruling against the software maker.

Video game industry wants U.S. lobbying presence
Major game publishers, including Walt Disney, Electronic Arts, Microsoft, Nintendo and Sony, agreed to form a political action committee.

Weak prices for memory chips cut profit at Samsung
Fourth-quarter earnings at South Korean chip maker fell 6.6 percent, reflecting overproduction by manufacturers of memory chips for computers
- Samsung chairman's office raided as part of inquiry

Zynga developing games for social Web sites
Mark Pincus, founder of several Silicon Valley startups, has founded Zynga, a company that develops online games that work on popular sites like Facebook and MySpace.

Amazon.com is challenging French competition law
The bookseller is paying a daily €1,000 fine rather than drop its free-shipping offer.
- Amazon benefits from music industry's anger at Apple

IBM may sidestep downturn in the U.S. economy
With two-thirds of the technology giant's sales and workers outside the United States, the results are a sign that some leading global corporations may be able to avoid the impact of slower U.S. growth.
- IBM profit easily exceeds expectations