IBT Staff Reporter

LinkedIn, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process told Reuters.

Graphics chip designer Nvidia Corp said it will begin designing central processors for personal computers, pushing back against growing pressure from Intel Corp.

President Barack Obama on Wednesday renominated economist and Nobel laureate Peter Diamond to the Federal Reserve Board, sticking with a pick that has already been thwarted by Senate Republicans twice.

Microsoft Corp is taking its biggest step away from a long-standing, lucrative alliance with Intel Corp, teaming up with Britain's ARM Holdings to take on Apple Inc in the red-hot tablet and smartphone arena.

The yuan exchange rate is not the main cause of the trade imbalance between China and the United States, the Chinese Foreign Ministry said on Thursday.

Motorola Mobility showed it wants to generate buzz, as it showed a much-anticipated tablet as well as three new phones that will be on three different carriers.

Japanese stocks rallied on Thursday as investors snapped up shares of big exporters after the dollar hit two-week highs against the yen, but markets elsewhere in Asia were more subdued ahead of the influential U.S. non-farm payrolls report.

General Motors has invested $5 million in wireless charging start-up Powermat and will add its technology for small consumer electronics to its vehicles such as the Chevy Volt in 2012, the companies said.

Sony Corp reaffirmed its commitment to 3D technology on Wednesday, saying it would provide more content and launch 3D cameras and camcorders.

The South Korean electronics giant goes all in at the Consumer Electronics Show in Las Vegas.

Corporate interest in Research in Motion's new tablet was massive, the company said, as it announced plans to launch a 4G version of the device this summer with Sprint Nextel.

LG Electronics unveiled its first tablet, running on Google's Android platform, through T-Mobile USA, as it seeks to grab some share of the emerging tablet market from Apple.

Samsung Electronics and LG Electronics trotted out bigger and thinner 3D TVs on Wednesday as they laid out plans to expand their lineups further to spur demand for a nascent technology that has seen weak sales so far.

Panasonic Corp aims to beef up its Internet-TV service this spring, expanding its offering of applications to compete with rivals like the alliance between Sony Corp and Google Inc.

LOS ANGELES The woes continue for Tiger Woods off the course.

Sharp Corp <6753.T> plans to start selling its Galapagos tablet computer in the United States in the second half of this year, and is ironing out deals with major media and content providers, the head of the company's U.S. unit said on Wednesday.

BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission said on Wednesday.

U.S. regulators are asking software developers in an Open Internet Challenge to create apps that let Internet users know when their service provider -- fixed or mobile -- is interfering with content.

BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission said on Wednesday.

AT&T Inc plans to sell 20 phones sporting high-speed Web surfing this year, including a dozen running Google Inc software, in the U.S. carrier's biggest push yet to lessen its dependence on Apple Inc's iPhone.

Nvidia rolled out its Tegra 2 processor by showing off its capabilities in an LG phone, but the company's real bet is on content and ARM architecture.

Microsoft Corp will introduce a version of its Windows software aimed squarely at catching up with rivals like Apple in the red-hot tablet market, taking a step away from a long-standing alliance with chipmaker Intel.

Graphics chip designer Nvidia Corp said it will begin designing central processors for personal computers, pushing back against growing pressure from Intel and Advanced Micro Devices.

NEW YORK - It seems that the EMI/Beatles deal that finally brought the Fab Four's catalog to iTunes may be more groundbreaking than originally thought.

American Airlines sparred with third-party ticket sellers on Wednesday in an ongoing battle over distribution costs and methods as one key provider of airfare data vowed to stop offering the airline's flight information.

Intel takes the wrapping off its much anticipated Sandy Bridge processor.

Corrects first paragraph to read flat screen purchases, instead of flat screen TV purchases

LG Display said on Wednesday that the company is in a TV screen supply deal with Japan's Sony Corp, a major breakthrough for the South Korean company after Sony switched to Samsung six years ago for flat screen purchases.

A new lawsuit cries foul over Clorox Co's advertising for a brand of cat litter.