Apple vs. Facebook: Why users are the losers

At first glance, it looks like Apple really loves Twitter. The reality, however, is that it hates Facebook.

It sure seems that way, at least.

Apple's distaste for Facebook became apparent with last week's preview release to developers of Mountain Lion, the newest version of Apple's OS for computers. The OS includes a slew of new apps (Game Center, Reminders, Notes) and new features (Gatekeeper, Notification Center). What it doesn't include is Facebook integration--a baked-in connection to Facebook that would make it easier for Apple users to share more on the world's largest social network.

Yen hits seven-month low after Bank of Japan measures

The Japanese yen fell to its lowest level against the US dollar in seven months, a respite for worries over the strong yen hurting exports and the economy.

Part of the reason for the fall is the Bank of Japan's surprise increase of its stimulus measures.

The yen has fallen by 3.7% against the greenback since the 14 February move.

HP profit plummets, CEO urges patience

Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.

The storied Silicon Valley company, which has been trying to move past the internal upheaval that marked 2011, posted quarterly sales declines in three of its key units: personal computers, printers and enterprise equipment.

Dell forecasts decline in sales

Dell has reported an 18% drop in fourth-quarter profit and forecast a fall in sales in the current quarter, raising fears the PC industry has not yet fully recovered from the downturn.

Net profit for the three months to 3 February 2012 fell to $764m (£484m) from $927m a year earlier.

Revenue rose 2% on a year ago to $16bn.