Salesforce.com reported a 55 percent increase its third-quarter profits. Salesforce reported net income of $10.1 million or 8 cents per share, significantly higher than $6.5 million or 5 cents per share for the same quarter a year prior. Salesforce provides monthly subscription based online management software.

Shares of Yahoo dropped over 20 percent Wednesday, after Steve Ballmer told shareholders that the company was no longer interested in acquiring Yahoo. He reiterated that a partnership between the two companies would provide for interesting opportunities; however, he noted that no current discussions have been taking place.

Shares of Hewlett Packard rose over 14 percent Tuesday, after the company issued Q4 earnings guidance slightly higher than analysts were anticipating. HP's solid guidance comes at a time that businesses are trimming down their PC purchases and consumer spending continues to decline.

CEO Jerry Yang has agreed to resign from Yahoo. Yang helped co-found the company nearly 13 years ago; however, after refusing a takeover bid from Microsoft, Yahoo's stock has suffered. The next CEO will be tasked with a daunting task of rebuilding Yahoo's declining advertising business and regain lost market share.

Shares of Baidu dropped over 27 percent Monday as a Chinese media outlet released news that the company received money from medical companies to buy keywords. CCTV reported that non-accredited websites purchased medical keywords in order to appear creditable and boost their rankings. Analyst Piper Jaffray noted that the financial impact on Baidu is likely to much less than it appears as the total... More

Adobe and ARM announced today plans to enable Flash Player 10 and Adobe AIR support for ARM devices. ARM CPU's used across many mobile devices including the iPhone. The iPhone does not currently support flash back due to performance reasons. This move should provide the performance necessary to bring Flash to mobile devices.

Google released their new voice search service for Apple's iPhone; however, the company has not yet released a version compatible with its own mobile operating system. Google is hoping the new search application, which also utilizes GPS to locate near by services, will allow Google to charge higher rates for local business search advertisements.

Sun Microsystems is planning to lay-off nearly 15 to 18 percent of its staff in order to reduce its expenses next year. The move could place as many as 6,000 of its employees without work. The plan is meant to reduce Sun's operating costs by $700 to $800 million annually.

In January, Dell's Chief Technology Officer Kevin Kettler plans to leave the company after 13 years. Kettler will leave the company to spend more time with his family and focus on personal interests. Last week Dell asked its employees to consider taking up to five days unpaid vacation as its continues to struggle with lackluster consumer demand.

Research in Motion is preparing to launch its next version of the BlackBerry. The new touch screen version will begin selling November 21st and will compete directly with Google's Android and Apple's iPhone. The BlackBerry storm will sell for $199 after a $50 mail-in rebate for users who sign a two-year contract with Verizon.

Google has added new voice and video services to Gmail. The news squashes previous rumors that Google may buy up Skype. The new feature requires a 2MB plug-in available for Google Chrome, Firefox 2.0, Safari 3.0, and Internet Explorer 7.0.

According to a media report, Steve Ballmer was quoted saying that Microsoft is no longer interested in acquiring Yahoo. Shares of Yahoo traded down another 12 percent for the day as investors had hoped its low share price would incite Microsoft to make another offer.

Facebook CEO, Mark Zuckerberg, reported that the company was hiring at the Web 2.0 summit this year. The company currently employees nearly 700 workers. Mark Zuckerberg dodge questions pertaining to Microsoft's $240 million investment in the company; however, he did state that the company did not need anymore funding.

Nvidia reported Q3 revenues of 11 cents a share, down 74 percent for the same quarter a year prior. However, as the earnings beat analysts' expectations, the stock rose nearly 10 percent in after hours reversing losses for the day. Nvidia also reported that it expects its Q4 earnings to be down 5 percent due to a slow holiday season.

Under pressures from regulators, Google has backed out of its advertising deal with Yahoo. The move leaves Yahoo in question, as the company continues to struggle to maintain its current market share. Google stated that four months of antitrust reviews, it was clear that regulators continue to have concerns over the agreement.