Yahoo said it is acquiring blogging service Tumblr for $1.1bn (€850m) cash, a bold bet by chief executive Marissa Mayer to revitalise the struggling internet pioneer by co-opting a web property with strong visitor traffic but little revenue.

Microsoft’s earnings slipped 4% in the fourth quarter of last year, despite a lift from its latest version of Windows.

Google Inc inadvertently released its draft quarterly results hours ahead of schedule, significantly missing expectations on both revenue and earnings and wiping 9% off the market value of the internet search and advertising leader.

A man has been charged with causing grievous bodily harm to a pensioner.

Amazon.com, the world’s largest internet retailer, missed analysts’ fourth- quarter revenue estimates and reported a 57% decline in profit, dragged down by shipping costs and the money-losing Kindle Fire.

INTERNET marketplace eBay reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its expanded retail offerings and broader use of the PayPal online-payments service.

Yahoo co-founder Jerry Yang is leaving the struggling internet company, as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader.

BlackBerry maker Research In Motion has said new phones deemed critical to the company’s future will not be out until late next year.

AMAZON.COM Inc, the world’s largest internet retailer, reported a plunge in third-quarter profit after it ramped up spending on new products such as the Kindle Fire tablet. The shares tumbled in late trading.

MICROSOFT, the world’s largest software maker, reported first-quarter sales that topped analysts’ predictions as companies invested in Office and server software, outweighing poor demand for computers.

APPLE took the wraps off a new iPhone yesterday, but left some fans wishing for more than an updated version of last year’s smartphone.

Microsoft Corp, the world’s largest software maker, reported fourth-quarter profit and sales that exceeded analysts’ predictions as demand from corporations outweighed lacklustre buying from consumers.

Internet giant Google has painted a mixed picture on trading after record quarterly profits were accompanied by a slowdown in revenues growth.