InternetYahoo share gain short-lived after earnings (AP)

AP - Yahoo Inc. shares moved higher Wednesday but ultimately lost ground, a day after the company reported a drop in earnings and missed Wall Street's forecasts.

SUNNYVALE, Calif. - Yahoo Inc. shares moved higher Wednesday but ultimately lost ground, a day after the company reported a drop in earnings and missed Wall Street's forecasts. Yahoo shares fell $1.01, 4.7 percent, to close at $20.39. They had risen has high as $22.48 in the session. The company had reported after the market closed Tuesday that it earned $131 million, or 9 cents per share, in the second quarter. Analysts had projected 11 cents per share, according to Thomson Financial. In the same period last year, profit... [ Read more on www.yahoo.com ]

InternetIntel's Building Blocks Thread Open Source

Chip leader improves performance of developer tool for parallel development by canceling and blocking.

InternetGoogle Rumored Ready To Buy Digg for $200 Million (NewsFactor)

NewsFactor - Google is reportedly ready to purchase the Digg Web site for $200 million. The search giant could beef up its news service with Digg, where readers select and vote on stories from around the Web.