Technology

National Semiconductor Corp., which makes chips for power management, signal amplification and other uses, said Thursday its fiscal first-quarter net income nearly tripled, but the company said it expects slower growth than usual in the near term.

Shares of National Semiconductor Corp. dropped Friday after the company's quarterly sales forecast missed Wall Street forecasts, another sign from chip makers that demand is weakening.

Since fans lined up at midnight nearly three years ago for the release of the last "Halo" video game, a recession struck the economy, President Barack Obama took office and "Call of Duty: Modern Warfare 2" became the best-selling shooter game of all time. When the prequel "Halo: Reach" debuts Sept. 14, it will land on a very different world.

The U.S. military almost launched fighter jets and discussed a possible shoot-down when an errant Navy drone briefly veered into restricted airspace near the nation's capital last month, a senior military official said Thursday.

Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.

U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

City Council members in Cincinnati on Thursday approved an ordinance banning the sending, reading or writing of text messages while driving.

U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers at comScore Inc.

In a skirmish between two Internet heavy hitters with a tangled relationship, eBay Inc. has convinced a court that it was wronged by antitakeover moves adopted by Craigslist after eBay started encroaching on its online classifieds turf in the U.S.

California Gov. Arnold Schwarzenegger plans to use his platform on a trip to East Asia this week to promote Silicon Valley as a possible location for the 2020 World Expo.

Lattice Semiconductor Corp., which makes programmable chips that are used in electronics, on Thursday backed its third-quarter guidance.

THE NEW JOB: Ousted Hewlett-Packard Co. CEO Mark Hurd is now co-president at Oracle Corp.

NAME: Mark Hurd

THE RULES: Apple Inc. is giving software developers the guidelines it uses to determine which programs can be sold in its App Store. For example, it says it'll reject apps that rapidly drain the battery or generate excessive heat.

As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses - Larry Ellison.