Technology

Philips Announces Buyback

Amsterdam -- Royal Philips Electronics NV reported better-than-expected second-quarter earnings and revenue growth on sales of medical scanners. The company also announced a 1.5 billion-euro ($ 1.89 billion) stock buyback.

HP Labs unveil tiny wireless data chip

Researchers at Hewlett-Packard Co. have developed a wireless data chip that can store 100 pages of text or 15 seconds of video on a dot about half the size of a rice grain, with potentially dramatic applications in everything from health care to photography and marketing, HP said late on Sunday.

Sony Ericsson's Profit Doubles

STOCKHOLM: Sony Ericsson launched the reporting season for leading mobile phone makers with a doubling of second-quarter earnings to a record high on Thursday and raised its forecast for total industry sales this year.

MySpace; More Popular Than Google and Yahoo

MySpace has knocked e-mail giant Yahoo out of the No. 1 ranking for most page views, as tabulated by top Internet tracker Hitwise.

MySpace, which is owned by Rupert Murdoch's News Corp., garnered 4.46 percent of all U.S.

Global Warming could slash US wine industry- a study reveals

Global warming could have devastating effects for many premium vineyards in California and across the nation by the end of the century, according to a new computerized climate projection released Monday.

Matsushita plans to sell World's largest 103-inch Plasma TV

Panasonic parent Matsushita Electric Industrial Co plans to start selling the world's largest plasma television by early next year.