Microsoft last week launched a hostile US$44.6bn takeover bid to buy Web giant Yahoo. If the deal goes ahead it will be the latest in a line of multibillion-dollar mergers and acquisitions the tech sector has witnessed in recent years.
Although it plans to lay off thousands of workers if its merger with Compaq Computer goes through, Hewlett-Packard is also offering hefty bonuses to some 6,000 key employees it wants to keep.
Experts predict that in the current slowdown, US regulators will be loath to cause further economic upheaval by blocking the proposed $25bn merger of rivals HP and Compaq.
The merger between Hewlett-Packard and Compaq Computer is expected to go through stiff regulatory review, with regulators taking an especially close look at PC distribution, say legal specialists.
AMD has filed a lawsuit against Intel in the American courts accusing the chipmaker of forcing major customers to accept exclusive deals and withholding rebates and marketing subsidies to punish those customers who, it says, buy more AMD processors than agreed with Intel.
The handheld maker owns up to what some users had suspected for some time: Its low-end Palm m130 isn't capable of displaying the 64,000-plus colours the company had claimed in ads.
News analysis: Following its recent settlement with AOL, Microsoft has let slip that it will stop making Internet Explorer as a standalone product. But what does this mean for users?
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