Shares of Yahoo Inc soared 10 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.
Yahoo announced late on Monday that Yang, whose leadership had come under growing criticism from shareholders after he failed to agree to a deal with […]

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Alarmed at the growing number of attacks off Somalia, international merchant shipping is edging closer to doing the unthinkable in peace time: by-passing one of world’s most vital trade routes.
Somali pirates have been plundering ships off the Horn of Africa for years, but the recent surge in attacks has spilled out into the Gulf of […]

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Federal District Judge Kenneth Karas in White Plains ordered that Mark Papermaster “immediately cease his employment with Apple Inc until further order of this court.”
Apple announced on Tuesday that Papermaster would lead the engineering teams making Apple’s highly successful iPods and iPhones and that he would report directly to Chief Executive Steve Jobs. On Friday […]

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Computers at the headquarters of the Barack Obama and John McCain campaigns were hacked during the campaign by a foreign entity looking for future policy information, a source with knowledge of the incidents confirms to CNN.
The source said the computers were hacked mid-summer by either a foreign government or organization.
Another source, a law enforcement official […]