InternetNews Staff

Facebook’s 120 million users are being targeted by a virus dubbed “Koobface” that uses the social network’s messaging system to infect PCs, then tries to gather sensitive information such as credit card numbers. It is the latest attack by hackers increasingly looking to prey on users of social networking sites. “A few other viruses have […]

Former Yahoo executive Qi LuPhoto source: Microsoft

Chipmaker Advanced Micro Devices on Thursday warned fourth-quarter revenue would be much weaker than expected due to widespread weakness, and particularly among consumers. But shares recovered some of an 8 percent, premarket drop as investors and analysts, by now accustomed to the steady drum beat of bad technology news, seemed unfazed by the warning. And […]

Billionaire Carl Icahn opposes selling part of Yahoo to former AOL CEO Jonathan Miller or anyone else because it is undervalued, he told CNBC on Wednesday. “I don’t think there is very much to having a partial bid for the company, at least as a large shareholder,” said Icahn, a major Yahoo (NASDAQ: YHOO) shareholder […]

The computer notebook segment is showing signs of serious weakening as the global economy slows and the ill effects will start to be felt by chipmakers, analysts said Wednesday. Notebook manufacturers, distributors and component suppliers in the U.S. and Asia are reporting weak demand and order cancellations. Meanwhile, analysts said, the continued financial turmoil is […]

As the end of the year approaches and online deals abound, geeks of all stripes are perusing the Web to find gear with which to treat their loved ones (and themselves, who are we kidding?). In this list, the editors of EnterpriseITPlanet.com assembled ten product types that represent a healthy mix of computer gear, personal electronics, and in one case, […]

TOKYO — Japanese electronics conglomerate Hitachi Ltd said it and U.S. chipmaker Intel Corp would jointly develop solid state drive (SSD) memory devices, which are seen as a promising alternative to hard disk drives. The move marks a strategic shift for Hitachi, the world’s third-largest hard drive maker, which until now has not made a […]

SAN FRANCISCO — Struggling smartphone maker Palm said it expects fiscal second-quarter revenue to come in well below Wall Street’s forecast, as the worsening economic climate exacerbates already weak demand for its devices. The company’s shares fell 18 percent in extended trading after dropping more than 20 percent during the regular session. In a statement, […]

The new N97 smartphone Source: Nokia. Click to enlarge. BARCELONA — Nokia launched a flagship phone to update its aging high-end offering, but analysts said the device would not be enough on its own to help the world’s top mobile phone maker recover lost market share. Nokia (NYSE: NOK) continues to lead the global market […]

MySpace, the online social network owned by News Corp, sees opportunities to buy start-ups for a fraction of what they would have cost six months ago as the economic slump slices millions of dollars off their price tags. MySpace Co-founder and Chief Executive Chris DeWolfe said companies worth between $200 million and $300 million just […]

LONDON — A report in the Sunday Times that Microsoft is in talks with Yahoo to buy the Internet company’s online search business for $20 billion is “total fiction,” according to a key executive cited by an influential U.S. blog. The Sunday Times, which did not cite its sources, said the proposal under discussion involves […]

NEW YORK — U.S. retail sales online rose 1 percent on Black Friday, the traditional start to the holiday shopping season, to $534 million, tracking firm comScore said on Sunday. Combined with Web sales on Thanksgiving the previous day, the figure rose 2 percent, but sales are down 4 percent to date in November from […]