technology

Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer. Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April.

A US federal appeals court on Wednesday questioned the reasoning behind a class-action lawsuit against Google Inc over its effort to digitize millions of books, suggesting that many authors could benefit from the project.

Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.

Pegatron Corp, an assembler of Apple Inc's iPhone and iPad, said it would increase its number of workers in China by up to 40 percent in the second half of the year, fuelling market speculation of a new cheaper iPhone.

SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's major shareholders, as he tries to drum up support for the Japanese company's proposed takeover of the No. 3 U.S. wireless service provider.

Google has reportedly filed a patent for a tool that will detect potentially problematic phrases, or words from electronic correspondence, which in turn, will help companies or individuals avoid lawsuits.

Nokia Chief Executive Stephen Elop said the company would remain focused on using Microsoft's Windows Phone software to compete with smartphone rivals such as Samsung.

David Einhorn's Greenlight Capital has added to its investment position in Apple Inc and is waiting for the company's "next blockbuster product," Einhorn said on Tuesday.

Amazon.com Inc launched an Android application store that offers paid apps in China, beating Google Inc, as the online retailer seeks to increase the amount of digital content it offers in the world's largest mobile phone market.

Microsoft Corp has sold 100 million Windows 8 licenses in the six months since launch, roughly in line with the previous version, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets.

Microsoft Corp's phone chief hates to call the new Nokia Lumia 521 cheap, but the lower-priced smartphone launching in the United States is the company's boldest move yet to win mass market share from leaders Apple Inc and Samsung Electronics.

Intel Corp chose veteran insider Brian Krzanich as chief executive, disappointing some investors who hoped an outsider would push for aggressive changes to help the world's largest chipmaker catch up in the mobile revolution.

Yahoo! chief Marissa Mayer hauled in $36.6 million in pay, bonuses and stock last year after just six months at the helm of the Internet firm, with some of that time spent on maternity leave.