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Bits: V.C. Advice to Entrepreneurs: It's Not All About the iPhone
The iPhone was the hot topic at MobileBeat, a cellphone industry conference, but venture capitalists advised mobile startups to build for all platforms.

Bits: Ballmer's Catch-22 Problem With Search Ads
In the hallways of Microsoft’s analyst conference Thursday, Steve Ballmer teased investors with talk of a top secret online innovation. He spoke later about a plan to put more ads on search pages.

Bits: Hasbro Hits Scrabulous With Lawsuit
Hasbro, the owner of Scrabble, has sued the creators of Scrabulous, the popular Scrabble-like game on Facebook.

European Regulators Clear H.P. Purchase of E.D.S.
The European Commission’s decision, announced Friday, says the deal between the two U.S. companies would not hinder competition on the EU market.

Attack Code Released for New DNS Attack
Hackers have released software that exploits a recently disclosed flaw in the Domain Name System software used to route messages between computers on the Internet.

More Subscribers Boost Netflix Results
Netflix says its profit rose 4 percent, helped by an increase in subscriptions and the introduction of a device that allows customers to stream video directly to their TVs.

Samsung Electronics Reports Surge in Profit
South Korea’s Samsung Electronics said net profit grew 51 percent compared with the same quarter last year led by its liquid crystal display and mobile phone businesses.

Griping Online? Comcast Hears and Talks Back
Some customers like the company’s responses to online criticism; others see an eerie version of “Big Brother.”

Restructuring Costs Reduce Xerox Earnings
Second-quarter profit at Xerox skidded 19 percent on reorganization charges, but the company matched Wall Street’s forecast.

Merger of XM and Sirius a Step Closer to Approval
The F.C.C was set to approve a merger between XM and Sirius and end a nearly 18-month review of a deal that would essentially create a monopoly in satellite radio.

Advertising: Microsoft Seeks an Ad Friend in Facebook
It failed in its pursuit of Yahoo. It is paying people to use its search engine. Now Microsoft thinks it has found a source of users for its foundering search service: Facebook.

RadioShack Profit Falls, Sales Rise
RadioShack reported higher-than-expected profit on a surprise increase in sales, but the electronics retailer said the economic environment continues to be challenging.

New Tool From Facebook Extends Its Web Presence
At its annual conference for developers, the company announced Facebook Connect, a way that other Web sites can integrate parts of Facebook’s service.

Bits: Pessimism From Venture Capitalists
Venture capitalists surveyed by KPMG don’t expect the I.P.O. drought to ease until 2010 and they expect green technology to lead the turnaround.

Head of Microsoft’s Online Efforts Departs
Kevin Johnson’s exit comes as Steven A. Ballmer, Microsoft’s chief executive, is shaking up top-level staff in a bid to improve Microsoft’s Internet search and ad business.

Bits: If Microsoft Opens the Xbox Is an App Store for Apple TV Next?
The open season on openness has reached the video game console. Microsoft is now creating a method for almost anyone to write and sell games for its Xbox 360 machines.

Earnings Rose at AT&T, but Revenue Misses Forecast
AT&T said its second-quarter earnings rose 30 percent, but its revenue missed analysts’ estimates.

Strong Quarter for Sales at Amazon
The online retailer Amazon.com reported that net income for the second quarter more than doubled on strong sales.

Phone Giants Fight to Keep Subscribers
Telecommunication companies in the U.S. have to juggle the financial effect of customers dropping their landlines, and increased competition between wireless operators.

Talk of Chief’s Health Weighs on Apple’s Share Price
Despite reassurances that he is cancer free four years after he was treated for pancreatic cancer, analysts are worried that Steven P. Jobs might be sick again.

 
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