INTEL Corp has agreed to buy McAfee for $7.68 billion (€5.96bn), its largest acquisition, adding security software to its chipmaking arsenal.

New York: Dell has agreed to pay $100m (€79.47m) to resolve a US regulator’s accounting fraud claims in an accord that lets founder Michael Dell remain chief executive after paying a $4m fine.

Wall Street's growing angst about company earnings gave stocks a mixed finish today, with the Dow Jones industrials suffering their fifth straight loss.

Wall Street launched a massive rebound today, muscling the Dow Jones industrial average up nearly 553 points after driving it down near its lows for the year, as investors decided they did not want to miss out on cheap stocks.

Stocks in the US retreated from lofty heights today after a European Central Bank official pointed to rising price risks and a major Wall Street bank lowered its sales expectations for Chinese internet company Baidu.com.

APPLE Computer has recalled 1.8 million Sony-built laptop batteries that could overheat and catch fire.

APPLE Computer yesterday posted a higher quarterly profit, helped by sales of its market-leading iPod digital music players that topped 8.5 million units.

Stocks gained today, narrowing the week’s losses as the energy and basic materials sectors improved and Dow components Exxon Mobil Corp and Intel Corp climbed on upgrades.

Wall Street advanced solidly today to finish the week higher as oil prices cooled and investors embraced signs that the economy could move forward despite Hurricane Katrina’s devastation of the Gulf Coast.

COMPUTER chip maker Intel Corp, computer makers and distributors were raided by European Commission and local authorities on Tuesday as part of an investigation into possible antitrust violations, a spokesperson for the European Union executive said.

An entertainment company co-founded by Oscar winner Morgan Freeman has set up a new digital partnership with a California firm to allow movie fans to download films via the internet.

Stocks drifted to a mixed finish in the United States today as Wall Street worried about the impact of high oil prices on the nation’s trade deficit and Intel Corp’s bullish sales forecast prompted some profit-taking.

Stocks in the United States rebounded today as bullish congressional testimony from Alan Greenspan and anticipation for a strong mid-quarter update from Intel Corp brightened Wall Street’s mood and overshadowed a surge in oil prices.

US investors cheered by falling oil prices and improving jobs prospects sent stocks higher today, hoping that the news signals a renewal of economic strength and a fall rally in stocks.

Intel Corp has announced that second-quarter profits rose 96%, meeting Wall Street estimates.

SEMICONDUCTOR maker Intel Corp said yesterday that second-quarter profits rose 96%, meeting Wall Street estimates, due to growth in its communications business led by flash memory.

Intel Corp, the world’s biggest chipmaker, said it is under investigation by Japan’s Fair Trade Commission, six weeks after the regulator raided Microsoft Corp offices seeking evidence of anti-competitive activities.

Intel Corp, the world’s largest chipmaker, said it will pay Intergraph Corp $225 million to settle a patent-infringement dispute over Intel’s Itanium chip.

New York: Intel Corp shares were downgraded to ‘neutral’ from ’overweight’ by JP Morgan Chase & Co analyst Christopher Danely, who said demand for computer chips will peak next month.

New York: Intel Corp this week may demonstrate its first chip that can run both personal computers and the most- powerful server machines, in a bid to stem customer defections to Advanced Micro Devices Inc.

The Dow Jones industrial average reached its highest level since mid-2002 today as investors greeted strong earnings from General Electric Co and Juniper Networks Inc.

Investors on Wall Street left stocks little changed today with blue chips slightly higher and tech stocks nudging the Nasdaq composite index lower.

Stocks in the United States retreated today after a report on November employment revealed disappointing job growth and Intel Corp issued a forecast that fell short of expectations.

PRICES of the most widely used computer-memory chips fell after Intel Corp reduced the cost of its processors, stimulating demand for faster memory products.

SHARES of Hewlett-Packard Co, the world’s second-biggest computer maker, fell as much as 12% after the company said it missed analysts’ third-quarter sales and profit estimates and cut personal computer prices too much.

The Defense Department is seeking new limits on an increasingly popular form of wireless internet access, arguing that the technology could interfere with military radar, the New York Times reported.

Intel Corp said it has launched 11 new processors for laptops.

Lehman Brothers said it has raised its fourth quarter profit and sales forecasts for Intel Corp, citing a slight increase in average selling prices for chips.

IBM has announced that it will offer a faster, smaller and cheaper computer for large businesses.