AFP - Yahoo and technology giants Intel and Hewlett Packard on Tuesday announced an alliance to advance "cloud computing," backing a trend that would reduce reliance on packaged software.

Reuters - China has installed Internet-spying equipment in all the major hotel chains serving the 2008 Summer Olympics, a U.S. senator charged on Tuesday.

AP - Three major Japanese electronics makers — Sony, Matsushita and Toshiba — reported mixed results Tuesday for their fiscal first quarters, with Matsushita the only one to increase earnings in a period marked by a stronger yen and dropping gadget prices.

AP - Billionaire investor T. Boone Pickens has sold all of his holdings in Yahoo Inc. in a pique over the way the Internet company's management handled sales talks with Microsoft Corp.

AP - The creators of a Scrabble knockoff responsible for countless hours at the online hangout Facebook suspended their word game Tuesday after being hit with a lawsuit, disappointing fans who logged on expecting to make their next moves.

AFP - Business software giant Oracle claimed Monday that it has new proof that its German rival SAP looted its software libraries for competitive advantage.

Reuters - Sony Corp (6758.T) posted a 39 percent fall in quarterly operating profit on Tuesday, hit by losses in its mobile phone joint venture with Sweden's Ericsson (ERICb.ST) and a firmer yen.