IBT Staff Reporter

Chinese telecom equipment maker Huawei won a partial victory in its fight to block Motorola's $1.2 billion sale of assets to Nokia Siemens Networks, as the court granted an order to stop the transfer of Huawei's intellectual property.

President Barack Obama on Tuesday called for expanding high-speed wireless services to meet the voracious appetite of consumers and businesses, a task that could be tough because airwaves are a finite resource and demand is almost limitless.

Web sites run by the Egyptian government are experiencing service problems, possibly as a result of denial of service attacks mounted by the collective known as Anonymous

The Federal Reserve is expected to nod to an improving U.S. economic outlook on Wednesday even as it reaffirms a plan to buy $600 billion in government debt to help speed recovery.

Stocks rose on Wednesday as U.S. President Barack Obama's call for a lower corporate tax rate offset a weak outlook from Boeing.

Those discussing the Shared Norms for the New Reality in Davos this week need only look around them to see one such 'reality': low-cost smart devices are sweeping away clunky old computers throughout the political and business world.

A technology startup backed by Google unveiled on Wednesday the world's first personal base station for international travelers, enabling them to cut roaming fees and make mobile calls like in a home country.

New U.S. single-family home sales in December rose faster than expected to their highest level in eight months and prices were the highest since April 2008, raising cautious optimism for a housing market recovery

Applications for U.S. home mortgages slumped last week as bankers recorded the slowest refinancing activity in more than a year, an industry group said on Wednesday.

Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality.

Global chief executives pinned their hopes on roaring growth in emerging markets at the start of the annual Davos forum on Wednesday but warned that rising inflation and political risks cast a shadow.

What if you log in to a site and the site owner knows whether you are simultaneously logged into Gmail, Facebook, Twitter or Digg?

Candy Spelling, television producer Aaron Spelling's wife, is still waiting for a buyer for her $150 million mansion, which is said to be the most expensive home in the world.

Search engine giant Google launched a massive archive retrieval project with Israel's national Holocaust museum on Wednesday with the aim of easing public access to Nazi-era documents and photographs.

Xerox Corp's fourth-quarter profit fell due to restructuring charges and its chief financial officer plans to retire next month, the company said on Wednesday.

Toyota has issued a recall of 1.7 million cars, its largest ever, mainly in its Lexus brand

He did not use the name, but in his State of the Union address last night President Obama made clear that he is keeping the DREAM Act alive.

Three big U.S. manufacturers reported results that topped Wall Street's expectations, citing recovering demand in everything from corporate jets to equipment to run factories more efficiently.

China fined French and U.S. retail giants Carrefour and Wal-Mart for lying about the price of their goods, its top economic planner said on Wednesday.

Sony Corp is set to launch a head-on challenge to Nintendo Co Ltd and Apple Inc with a new handheld game device that analysts widely expect to be unveiled at an event in Tokyo on Thursday.

U.S. foods group Sara Lee Corp rejected a buyout offer by a group of private equity firms, the New York Post said, citing two sources close to the process.

Xerox Corp's profit fell due to restructuring charges in the fourth-quarter and its chief financial officer plans to retire next month.

Facebook CEO and Time's Person of the Year Mark Zuckerberg received some private financial consultation on How to raise funds? -- courtesy, a hacker who infiltrated the CEO's fan page.

Worldwide mobile application store revenue is projected to triple to more than $15.1 billion this year and reach $58 billion in three years, according to Gartner Inc.

Stocks rose slightly on Wednesday as the positive impact from U.S. President Barack Obama's call for a lower corporate tax rate offset a weak outlook from Boeing.

The main gold exchange-traded fund, the SPDR Gold Trust, recorded its biggest ever one-day outflow on Tuesday. The precious metal is taking some support from physical demand after its slide to its lowest since October 28, but buying interest remains lackluster.

Tarmo Virki, European Technology Correspondent

Slash to get into horror film business

Ahmed Khalfan Ghailani, who played a vital role in the 1998 al Qaeda bomb attacks on U.S. embassies in Kenya and Tanzania that killed 224 people including 12 Americans and wounded thousands of others, has been sentenced to life by a Manhattan federal court.