NICE SURPRISE: The chip maker benefited from robust demand , which offset flat average selling prices, and raised third quarter sales by 15 percent
Intel Corp's profit leaped 43 percent in the third quarter as a massive restructuring and surging microprocessor demand helped the world's largest semiconductor company glide past Wall Street's already-bullish expectations.

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INQUIRY: The US Congress has asked the company's chairman to appear at a Nov. 6 hearing to discuss the firm's role in a case that sent a Chinese writer to jail
Yahoo reported on Tuesday that earnings in the third quarter dipped despite a rise in revenues and a nearly completed corporate reorganization.

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An investment bank controlled by the Chinese government is interested in buying a stake in Bear Stearns, the Wall Street securities firm hit hard by the subprime mortgage sell-off, an executive of the Chinese firm and a Chinese regulator said on Tuesday.

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MySpace and Skype said on Tuesday they were meshing social networking with Internet telephony, creating the largest voice connected online community on Earth.

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China's biggest bank, state-owned Industrial and Commercial Bank of China (ICBC, 中國工商銀行), plans to open its first US branch as part of a global expansion, a state news agency quoted its chairman as saying yesterday.

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Microsoft on Tuesday theatrically unveiled communications software it claimed would do to business telephones what e-mail did to corporate memos.

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