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Shares Slip in Europe; Asia Is Mixed

Stocks fell Wednesday in Europe, after a mixed session in Asia, as a leading technology company issued a dire warning about the business outlook. (New York Times15 hours ago)
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Auditors: Not enough bailout oversight

The government must toughen its monitoring of the bailout to ensure that banks limit executives' pay and comply with other restrictions, federal auditors said Tuesday. (MSNBC3 December, 2008)
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Stocks rebound from Monday plunge

In a session that showed more indecision than conviction, the stock market rebounded from the previous day's massive decline. The Dow Jones industrials rose 270 points. (MSNBC3 December, 2008)
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Economic Signs Point to Longer, Deeper Recession

The U.S. economy entered a recession one year ago, a group of the nation's leading economists said yesterday, and new evidence that the downturn will be deep and prolonged sent the stock market plummeting. (Washington Post3 December, 2008)
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Recession fears skittle market

Fears of a local recession have skittled a fledgling sharemarket recovery and unsettled investors, whipping up expectations of more interest rate cuts. - Brisbane Times (The Brisbane Times3 December, 2008)
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Wall St. Climbing Back From Sell-Off

Investors waded back into the stock market on Tuesday, a day after an enormous collapse sent values back to their levels from last week. (New York Times3 December, 2008)
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Scars of the financial crisis barely hidden

A REPORT card on the national economy will detail today how the financial crisis has scarred businesses and households, as a raft of figures yesterday suggested the positive impact of the mining boom may be lingering. (Sydney Morning Herald3 December, 2008)
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Gloom returns to world markets

European stocks were little changed Tuesday as hopes of a modest rebound on Wall Street -- following the previous day's savage retreat -- helped offset an overnight slump in Asia. (MSNBC3 December, 2008)
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Intel, Hitachi to develop solid-state drives

Intel and Hitachi Global Storage Technologies announce plans to jointly develop and deliver solid-state drives for servers, workstations, and storage systems. (CNET News.com2 December, 2008)
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Recession Began Last December, Economists Say

Construction spending dropped by 1.2 percent in October, led by another big drop in home construction. Separately, a measure of manufacturing activity fell to a 26-year low in November. (New York Times2 December, 2008)
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Report: AMD Phenom II chips echo Intel's i7

A China-based Web site has posted details of AMD's upcoming Phenom II processors with model numbers that seem to match Intel's Core i7 processors. (CNET News.com2 December, 2008)
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EFF to court: don't shield telecoms from illegal-spying suits

The Internet advocacy group will argue that its unconstitutional to protect telecoms after they helped Bush administration unlawfully spy on Americans. (CNET News.com2 December, 2008)
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Apple suggests Mac users install antivirus software

Apple changes its tune by advising Mac users to install antivirus software in nod that even Mac users aren't immune to rising malware threats. (CNET News.com2 December, 2008)
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No escaping Britney Spears: 2008's top searches

Celebrities dominated the top search terms at Yahoo in 2008. Also: people ask Ask.com how to get pregnant and what "maverick" means. (CNET News.com2 December, 2008)
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Obama team changes Change.gov copyright policy

Change.gov has a less restricted copyright policy, now that it is copyrighted under a Creative Commons license. (CNET News.com2 December, 2008)
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Netflix's Web site suffers outage

Users here at CNET couldn't access the site's front door this afternoon. Netflix is checking it out. (CNET News.com2 December, 2008)
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gOS Cloud: browser-based OS for Netbooks

Good OS announces Cloud OS for Netbooks. (CNET News.com2 December, 2008)
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Kontain launches a new, pretty blogging service

It's like the iPod of blogging: Super-easy to use, but limited. (CNET News.com2 December, 2008)
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Palm revenue craters as Treos fall out of favor

Second-quarter revenue will be far lower than analysts had expected as sales of Treos continue to dwindle without Palm's next-generation operating system. (CNET News.com2 December, 2008)
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Markets crater on recession news

With the economy officially designated a recession, the Dow Jones plummeted nearly 700 points. Tech stocks Dell and Qualcomm, meanwhile, take a double-digit hit. (CNET News.com2 December, 2008)
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