Hewlett-Packard Co. sued former Chief Executive Officer Mark Hurd to block him from working as a president of Oracle Corp., saying the appointment may cause HP to lose customers, trade secrets and its competitive advantage.

Cisco Systems Inc., the biggest networking-equipment maker, and Westcon Group North America agreed to pay $48 million to settle claims that they overcharged the U.S. government, the Justice Department said.

Vodafone Group Plc’s sale of its $6.6 billion stake in China Mobile Ltd. is the biggest divestment since Chief Executive Officer Vittorio Colao took charge in 2008. Investors want to know what’s next.

Nokia Oyj, the world’s biggest maker of mobile phones, has a lot riding on its annual showcase event next week as it tries to claw back lost ground to Apple Inc.’s iPhone and devices based on Google Inc.’s Android software.

Cisco tries to find its next big business ideas from employees and outsiders alike.

Hewlett-Packard's recently departed CEO will serve alongside President Safra Catz and report to Larry Ellison as Oracle expands into server sales

Emirates Telecom Corp., the United Arab Emirates’ biggest phone company, said it’s considering investing in Idea Cellular Ltd. to expand its business in the world’s second-largest wireless market.

Internet users pretending to be others could be prosecuted if Governor Arnold Schwarzenegger signs an "e-personation" bill

Samsung Electronics Co. is on track to meet to its 2010 sales target for televisions, said Yoon Boo Keun, the company’s TV business chief. Yoon, who was speaking to reporters in Seoul today, also said Samsung is considering using Google Inc.’s Android operating system in its televisions.

Deutsche Bank AG’s increased stake in France Telecom SA could signal a merger of the French phone operator with Deutsche Telekom AG, according to the CFE-CGC/UNSA labor union federation, Reuters reported, citing the union.

Billionaire Anil Ambani’s Reliance Communications Ltd. ended talks to sell some assets to GTL Infrastructure Ltd. after both sides failed to agree on a deal to create India’s second-largest operator of mobile-phone towers.

China’s mobile Internet users may more than double within five years as smartphones that can browse the Web and download music become more affordable, Lee Kai-fu, the former head of Google Inc.’s China division, said.

Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world’s largest contract manufacturer of electronics by 50 percent as demand for Apple Inc. iPhones and iPads fails to offset slowing computer sales.

Elpida Memory Inc. surged the most in more than a year in Tokyo after Mitsubishi UFJ Morgan Stanley Securities Co. rated the world’s third-biggest maker of computer-memory chips as “strong outperform” in new coverage.

Samsung Electronics Co. is considering investing 30 trillion won next year to expand into new businesses, the Korea Economic Daily reported, citing Chief Executive Officer Choi Gee Sung. The amount compares with 20 trillion won of investment made this year, the Korean- language newspaper said.

Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world’s largest contract manufacturer of electronics by 50 percent as demand for Apple Inc. iPhones and iPads fails to offset slowing computer sales.

Telekomunikacja Polska SA said a court ruling that orders Poland’s largest phone company to pay about 2.9 billion kroner ($502 million) to DPTG I/S will have a negative impact on its earnings this year.

Google Inc.’s YouTube video service lost a Hamburg court ruling over copyrighted material that was posted online without permission for rebroadcast.

Menlo Ventures, the biggest investor in 3Par Inc., is raising capital for a new fund, said two people familiar with the matter. The firm is attempting to bring in $600 million to $800 million, one of the people said.

Patience paid off for the venture capitalists who backed data-storage supplier 3Par Inc.