(AP) -- EBay Inc. posted a third-quarter profit that beat analyst forecasts Wednesday, but its lower-than-expected fourth-quarter forecast indicated the online auction site operator is not immune from the slowing economy.
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Tech Shares Rise, Offset Worries About Housing
U.S. technology stocks rose on March 26, pulled higher by positive broker comments on companies such as Dell, but renewed signs of weakness in the housing market snapped a five-day winning streak for the Dow.
Update: EBay to Acquire VoIP provider Skype
Online auction site eBay has agreed to acquire Internet-telephone provider Skype for at least $2.6 billion, in a move that could change the way buyers and sellers interact.
AT&T to cut 12,000 jobs, 4 percent of staff
(AP) -- AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
Yahoo shares climb on hopes for $30B takeover bid (Update)
(AP) -- Yahoo Inc.'s stock rallied Tuesday on a report that AOL's former chief executive believes he can raise enough money in a worsening recession to buy the struggling Internet company for as much as $30 billion.
TiVo reports profit in fiscal 3Q
(AP) -- TiVo Inc. recorded a profit in its fiscal third quarter due to $105 million it received from Dish Network Corp. for violating a patent, the maker of digital video recorders says.
HP backs guidance but Wall Street wary
(AP) -- Even in troubled times, Hewlett-Packard Co. has managed to stack up some impressive gains.
Dell 3Q profit falls as PC spending slows
(AP) -- PC maker Dell Inc. said Thursday its third-quarter profit fell 5 percent as businesses around the world bought fewer computers and other technology products.
Intel warns economic crisis may hurt business
Intel Corp. warned on Friday that the economic slowdown may hurt its business but the world's biggest computer chipmaker maintained its fourth-quarter revenue projections.