When Apple dropped Imagination Technologies as a supplier for iPhone technology, the British chip designer’s shares plunged up to 69% and the company ultimately accepted a buyout.

Chipmaker Qualcomm —which has a significant presence in Cork — has attracted a mega bid that values the giant chip maker at $103bn (€89bn), setting the stage for a major takeover battle that would rock the electronics industry.

Apple has disbanded its division that develops wireless routers, another move to try to sharpen the company’s focus on consumer products that generate the bulk of its revenue, say sources.

Dell, the world’s third largest personal computer maker, is in talks to buy data storage company EMC, a person familiar with the matter said, in what could be one of the biggest technology deals ever.

Intel agreed to buy Altera for $16.7bn (€15.31bn) to defend its presence in data centres, forging a deal that will add to a record year for industry consolidation.

A REUTERS examination of accounts for hundreds of subsidiaries of the biggest US technology companies shows most do not declare a tax residence for their main business in the biggest European markets.

Wall Street ended a choppy session with a moderate advance today after a better-than-expected profit report at Boeing and a seesaw day in the energy markets.

Communications Minister Noel Dempsey announced the appointment of Ben Hurley as chief executive of the National Digital Research Centre (NDRC) yesterday.

The UK firm whose chips appear in more than half of all Bluetooth headsets and devices delighted investors today by admitting it had under-estimated demand for the wireless technology.

The London market made modest gains today after lower oil prices offset the negative impact of several stocks going ex-dividend.

Optimism that the embattled technology sector was due for a recovery sent US stocks modestly higher on Wall Street today despite a new revenue warning from semiconductor company Broadcom.

A late-day sellof in technology issues ahead of Hewlett-Packar’s earnings led Wall Street lower today, wiping out an advance attributed to solid earnings and economics news.

Wall Street posted modest gains today as mixed economic news and a car bombing in Iraq revived investors’ caution following Monday’s big rally.

Rival semiconductor makers Intel Corporation and Broadcom Inc. have said they have settled their long-running patent battle that involved two separate lawsuits.

Wall Street pushed higher today as investors remained hopeful that the US economy would improve despite a murky corporate outlook and a disappointing jobs report.

Inertia settled over Wall Street today, leaving stocks little changed as the market waited for news indicating allied forces were making progress in Iraq. The major indexes closed slightly lower.

The Dow Jones has recorded its best close in nearly a year, according to the US Commerce Department.

Wall Street remained positive today and stocks enjoyed some slim gains in response to positive economic news and managed to offset some typical year-end tax selling.

Broadcom has closed with the loss of 50 jobs.

A last-minute buying binge brought on by cheap prices has rescued US stocks from a steep decline on Wall Street.