Google's profit rises 35%
Google said profit in the second quarter rose 35 percent, but the results fell short of Wall Street expectations.

IBM earnings lifted by sales outside U.S.
International Business Machines reported its profit rose 22 percent in the second quarter, beating expectations and buoyed by higher sales in the economically troubled United States and abroad because of growth in services, hardware and software.

Loss widens at Advanced Micro Devices
Advanced Micro Devices, the second-largest maker of personal-computer processors after Intel, reported a wider loss after writing down the value of its ATI Technologies purchase.

EU widens Intel inquiry
The EU's antitrust regulator said Intel gave retailers incentives not to sell computers using chips from rival companies.

Profit rises at eBay but sales slow
To Wall Street, that was more proof that consumers were staying away from eBay.com, at least for big-ticket items like the used cars that are common on the site.
- EBay cleared in lawsuit over fakes

Nokia raises forecast for cellphone industry
The cellphone industry has been speculating about the effect of the global economic slowdown since Sony Ericsson issued a profit warning in June because of soft European demand.

Apple's MobileMe has a clear mission in 'clouds'
MobileMe is meant to keep the e-mail, calendars and address books on all of your computers - Macs, Windows PC's, iPhones and iPod Touches - synchronized in real time.
- Floodgates open for the iPhone

Sale of Bloomberg stake places value on firm
Michael Bloomberg, the New York mayor, is expected to buy Merrill Lynch's 20 percent stake in his company for about $4.5 billion, making it worth at least $22.5 billion.

Floodgates open for the iPhone
The App store is an object lesson for other cellphone makers and carriers on how to make your customers' phones indispensable.
- IPhone gets cautious welcome in Japan

Balanzza lets you weigh your bags
Also: A Kodak mini-camcorder that shoots HD video; an educational handheld game machine from Leapfrog.

Amazon starts streaming movies and TV shows
Amazon.com was to introduce in the United States on Thursday an online store of streaming videos.

McDonald's goes retro to sell Big Macs in U.S.
The fast-food chain is holding a contest on MySpace, asking U.S. consumers to come up with an updated version of the "special sauce" song.

Video game console makers load up on features
One word sums up the announcements made by the Big Three gaming companies at the annual E3 trade show this week: more.

AOL is a hard sell for Time Warner
Both Microsoft and Yahoo continue to listen to ideas from Time Warner, but neither company appeared to be especially interested in AOL at this point.