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Technology stories from The Associated Press

Hitachi loss widens on sluggish US plasma TV sales
TOKYO -- Japanese electronics company Hitachi Ltd. said Tuesday its loss widened in the latest fiscal year because of weak sales of plasma TVs in the United States. (Updated 10:27 a.m. PT)

Sprints CEO asks shareholders' patience
RESTON, Va. -- Sprint Nextel Corp. CEO Dan Hesse says the company is taking the necessary steps to regain its momentum against its wireless competitors. (Updated 10:02 a.m. PT)

EarthLink to pull the plug on Wi-Fi in Philadelphia
PHILADELPHIA -- EarthLink Inc. is pulling the plug on its troubled wireless high-speed Internet network in Philadelphia, once touted as a model for how big cities should deploy Wi-Fi. (Updated 9:46 a.m. PT)

Staples sweetens hostile bid for Corporate Express
BOSTON -- Corporate Express NV said it is willing to consider a sweetened $2.47 billion hostile takeover bid by rival office products supplier Staples Inc., which boosted its offering price 10 percent Tuesday. (Updated 9:02 a.m. PT)

HP to buy EDS for about $13.2 billion in cash
SAN FRANCISCO -- Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a deal that will create the second largest technology services provider behind IBM. (Updated 8:48 a.m. PT)

HP 2Q profit rises, raises full-year targets
PALO ALTO, Calif. -- Hewlett-Packard Co.'s fiscal second-quarter earnings exceeded expectations and the company raised its full-year financial targets, the computer maker and technology services provider said Tuesday. (Updated 5:53 a.m. PT)

Microsoft's WorldWide Telescope blasts off
SEATTLE -- Microsoft Corp. launched its WorldWide Telescope late Monday, bringing the free Web-based program for zooming around the universe to a broad audience. (Updated 4:41 a.m. PT)

Google joins effort to make more Web sites more sociable
MOUNTAIN VIEW, Calif. -- The effort to make it easier for Web surfers to connect with their friends is attracting a crowd. Following similar moves by the two biggest online hangouts, Internet search leader Google Inc. is introducing tools that are supposed to make any Web site more sociable. (Updated 4:34 a.m. PT)

NTT profits jumps 32 pct on booming long distance
TOKYO -- Japan's top telecommunications company Nippon Telegraph and Telephone Corp. said Tuesday its group net profit surged 32 percent in fiscal 2007 on booming long distance and international communications business. (Updated 4:19 a.m. PT)

MONDAY, MAY 12, 2008

	SUNDAY, MAY 11, 2008