Indian IT services provider Infosys Technologies on Tuesday reported a more than 6% increase in fiscal third-quarter profit and said it is seeing no fallout from the Satyam debacle, but warned that the pricing environment is challenging and trimmed its outlook for the full year.

Last week's tech gadget extravaganza in Sin City drew an estimated 110,000 attendees, down 22% from last year's audited total. But according to the CEA, board members reported getting more business done this year than at any prior show, which may prompt organizers to take steps to limit future attendance in order to ensure the right people attend the event.

Seagate Technology on Monday shook up its executive ranks as the No. 1 maker of computer hard-disk drives replaced Chief Executive William Watkins with the company's chairman, Stephen Luczo. The move comes less than a week after Seagate said it would cut about 10% of its US-based workforce.

Wipro, India's third-largest software exporter, and Megasoft Consultants, are barred from working for the World Bank, the institution said, less than three weeks after it disclosed Satyam Computer Services was banned.

Two search requests on the internet website Google produce as much carbon dioxide as boiling a kettle, according to a Harvard University academic.

Though 2009 looks just as grim as 2008, organizers of the Consumer Electronics Show last week forecast a few rays of sunshine. The Consumer Electronics Assn. projected growth in organic LED displays, digital book readers, Blu-ray disc players and lightweight laptops called netbooks. Despite a projected 0.3% decline in overall consumer spending in 2009, the trade group said, people will continue to earmark a large chunk of their income for technology.

LG Display said it had signed a deal to supply LCD panels to Apple for five years. The world's second-biggest maker of LCD screens did not disclose the total size of the deal but said in a filing to the Korea Exchange that it would receive a US$500 million advance from Apple this month.

Shares in Palm surged over 36% on Friday after its new touch-screen phone and mobile operating system impressed analysts and short sellers rushed to cover their positions, giving investors hope it may win customers from rivals such as Apple.

One Laptop Per Child - the non-profit organisation aiming to give kids in the developing world their own laptops - is laying off half its staff and cutting salaries for those who are keeping their jobs.

Palm executives say the touch-screen device and the new operating system inside it, WebOS, break new ground in the fiercely competitive smartphone market. The phone's selling points include an emphasis on fast Web browsing and efficient multitasking.

"We have ramped down the N810 WiMax Edition tablet. It has reached the end of its lifecycle," said a Nokia spokesman. Nokia unveiled the model only nine months ago, while usually even the most trendy models have a shelf life of well over a year.

Nearly a dozen retailers, including Macy's and Target Corp, told investors that profits would take a further hit in the fourth quarter, which includes key holiday sales. The results confirmed that the U.S. recession, job losses and winter storms right before Christmas produced the most dismal holiday shopping season in nearly 40 years.

US President-elect Barack Obama wants to delay next month's nationwide switch to digital television service because of "major problems" for consumers.

The SD Association has announced the next-generation SDXC (eXtended Capacity) memory card specification which will provide up to 2TB storage capacity and accelerate SD interface read/write speeds to 104MB/s this year, with a road map to 300MB/s. Specifications for the new SDXC standard will be released in the first quarter of 2009.

CSR is claiming it is possible to simplify and speed the development of Bluetooth headsets with high quality stereo audio with a new type of software development kit.

The IEEE P1901 Working Group has confirmed and approved the baseline for IEEE's standard related to broadband over power lines (BPL), IEEE Std 1901, "Draft Standard for Broadband over Power Line Networks: Medium Access Control and Physical Layer Specifications."

Taiwan's exports slumped by a record 41.9% in December on weaker demand from the US and China for laptops, mobile phones and computer chips.

SanDisk unveiled a portable digital music system based on memory cards preloaded with songs, signaling a shift in its strategy to compete against the iPod. The Sansa slotRadio player and companion line of slotRadio music cards were announced at the Consumer Electronics Show in Las Vegas on Wednesday.

The annual Consumer Electronics Show, or CES, will get underway on Wednesday in Las Vegas. And while conference organizers are still expecting a strong turnout, evidence abounds that many companies will be dialing back on their participation at what is normally a high-profile, and high-dollar, event.

A propagation and optimization solution provider wireless industry announced that it has acquired Wi-Sys Communications, an Ottawa, Canada based company that specializes in GPS antenna and receiver technology.

Japan's Sanyo Electric plans to cut up to 1,000 jobs to revamp its struggling businesses before being bought by Panasonic, a press report said Tuesday.

A post on the Website of employee group Alliance for IBM said the company may cut 16,000 jobs, which would top the 15,600 eliminated by CEO Sam Palmisano in 2002. The worldwide slump has tightened companies' technology budgets and IBM may report a 1.6% drop in sales last quarter to US$28.4 billion, based on the average analyst estimate.