A former AT&T employee admitted on Monday to sharing company secrets such as sales numbers for Apple's iPhone to traders who illegally bought shares on the information.

Samsung Electronics' new CEO called for the company to redouble its focus on software, which could hint at a move away from Android and toward its own proprietary operating system.

Although smartphone shipments grew 41% year-over-year to 144.6 million as of the quarter ending March 2012, many smartphone OEMs are not enjoying the benefits of a rapidly expanding market. The question remains: can anyone break away to become a strong third in this market?

Samsung Electronics' new chief executive on Monday reiterated the need for the company to beef up its software competence in order to maintain its leading position in the technology industry.

Celestica announced that over the course of the next three to six months, it will wind down its manufacturing services for Research in Motion (RIM). Celestica has been a high-performing manufacturing supplier for RIM.

ARM has announced the launch of the ARM Mali-450 MP GPU, doubling the performance of the successful family of Utgard architecture-based graphics products. This includes the Mali-400 MP GPU that can currently be found in a wide range of mainstream products, including smart-TVs, as well as Android-based smartphones and tablets.

The pro-bailout New Democracy party came in first Sunday in Greece's national election and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone.

Emerging-market stocks climbed to a two-week high as signs of a pick-up in technology demand and speculation China will take more steps to bolster economic growth overshadowed concern Europe's debt crisis will spread.

Lantiq has announced collaboration with Qualcomm Atheros, the networking and connectivity subsidiary of Qualcomm, to produce an advanced broadband home gateway reference design.

As a result of the planned changes announced today, Nokia plans to reduce up to 10,000 positions globally by the end of 2013.

Microsoft and Samsung continue to fend off rumors that they have any intention of purchasing cell phone maker Nokia.

Shares of Nokia rose more than 7% Friday on speculation Samsung Electronics might be eyeing a takeover.

LSI has announced several demonstrations of its SandForce SF-2000 flash storage processors using Toshiba 19nm and Intel 20nm NAND flash memory - the most advanced flash memory technology currently available for SSD applications.

Olympus, the Japanese camera maker recovering from an accounting scandal, has announced a five-year plan that includes cutting 2,700 jobs.

Facebook was expected to be the poster child of success when it went public two weeks ago but since its May 18 debut, shares have slid 33% from the initial public offering price of US$38.

Currently head of Samsung's components business, which oversees chips and display, Kwon Oh-hyun will succeed Choi Gee-sung, who is moving to a new role as head of group corporate strategy to focus on future growth engines.

STMicroelectronics is the first company in the world that mass-manufactures MEMS microphones in plastic packages. The patented technology breakthrough saves space and increases durability in consumer and professional voice-input applications, from mobile phones and tablets to noise-level meters and noise-cancelling headphones.

"In five to eight years they are going to disappear in the way that Yahoo has disappeared," said Eric Jackson, founder of Ironfire Capital while appearing on CNBC's Squawk on the Street.