Business News

Infosys, Tata, and Wipro blame global economic conditions, with the former warning the new quarter may be difficult too, as companies postpone decisions on outsourcing.

Major VC watchers release somewhat conflicting reports. However, neither one said venture capital funding is actually on the rise.

Innovation isn't all that it's cracked up to be.

And could Microsoft entice Linus Torvalds to work there? Your guess is probably correct.

Call it Google envy, if you will. But Redmond is willing to spend what it takes to turn its online services--including Internet advertising--into a more powerful offering.

Nonprofit Information Overload Research Group--whose members include Microsoft Research, IBM, and Google employees--holds its first conference this week in New York.

Analysts grumble that Microsoft is pouring a lot of its Windows and Office profits into its online efforts. CNET News' Ina Fried argues that's not such a bad thing.

Don Reisinger is boycotting first-person shooters until something changes in the video game industry. He wants more unique games and he's willing to bet he's not alone.

Featured links from the CNET Blog Network

Listen to the 2600 hacker conference--If you can't attend The Last HOPE conference, you can tune in over the Internet.

AMD, Intel Centrino 2 make strange bedfellows--Advanced Micro Devices is making gains at Hewlett-Packard, even in Centrino 2 notebooks.

Comcast customers: Are your e-mails going missing?--Peter Glaskowsky reports on a surprising problem: the Internet addresses of Comcast customers are associated with spam and listed on some e-mail blacklist services.

Earnings: Microsoft and Google disappoint, while IBM soars--Earnings are up across the board, but profits are down...but not everywhere.

Heading into his big showdown with Yahoo management, Carl Icahn might have expected to have Wall Street in his pocket. Instead, he received a slap from some of his former buddies.

Linux is better than Windows at security, but the reasons are not rocket science.

The investment house, which owns 4.4 percent of Yahoo stock, says it will back existing management.

A tumultuous six years as the head of AMD has come to an end for Hector Ruiz, and while he has several accomplishments to tout, AMD lost an amazing amount of money during his reign.

Company confirms pilot program that lets third-party sites sign up themselves for contextual ads from Microsoft. No word on when it'll be ready for a wide-scale launch.

Earnings are up across the board, but profits are down...but not everywhere.

Linux creator calls OpenBSD crowd a bunch of "monkeys" and criticizes those who publicize security flaws to gain notoriety.

Software maker says online market is too juicy to pass up, but any real gains in revenue won't be immediate. Profits are even further off.

The software maker has kicked off its fourth quarter earnings conference call. CNET News' Ina Fried is listening in and will have frequent updates.

Hector Ruiz steps down from the top role at AMD despite pledging to stay on through 2008, as the company's financial performance apparently became impossible to ignore.

The big takeaway: Yahoo management is really, really committed to doing the right thing and Carl Icahn's slate is not the answer. What else is new?

The company will take a $876 million charge to get out of its handheld graphics and TV processor business, as it keeps looking for a way to return to profitability.