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The internet giant has settled a shareholder lawsuit to clear the way for a long-delayed split of its stock.
Yahoo did not disclose how much it paid for GhostBird Software, the company behind KitCam and PhotoForge2 apps for Apple's smartphones.
Staff cutbacks were on the cards as IBM intensified its focus on some of the technology industry's hottest markets.
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A key British lawmaker accused search giant Google of dodging its taxes, issuing a scathing report of accusations.
Social games pioneer Zynga is cutting nearly a fifth of its staff as part of a move to focus on titles for mobile gadgets.
The big-ticket takeover comes as Google duels with Apple and other rivals to be at the heart of mobile Internet lifestyles.
The German engineering firm Siemens is reportedly planning to axe more domestic jobs at its energy division.
Google is in talks on a deal worth at least $1-billion to buy the Israel-based GPS mobile navigation app Waze, Israeli media reported.
Google beats out rivals Apple and Facebook when it comes to the all-important game of reputation, according to a US poll.
Apple expects to expand its Silicon Valley workforce by nearly 50 percent during the next three years.
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