Reuters - The world's top cell phone maker Nokia (NOK1V.HE) cut prices for many of its handsets in July, according to market data and industry sources, putting further pressure on its rivals' already thin profits.

Reuters - Motorola Inc posted a small quarterly profit after more than a year of disappointing results, as it sold more mobile phones than expected due to strength in North America, sending its shares up 13 percent.

NewsFactor - Dell officials told the Wall Street Journal this week that the company has been testing a new MP3 player that could become available to consumers as early as this September.

AP - An attorney for Britney Spears said Wednesday that he will not seek an extension for a restraining order against Osama "Sam" Lutfi, but that doesn't mean the pop star wants her former sidekick back in her life.