Parallels is one of those little companies that could make some big companies very nervous. The Renton, Wash.-based software maker is launching its Parallels Desktop 5 for Mac today. The software enables an Apple Mac computer to run Windows applicat...

Worldwide chip sales were up 19.7 percent in the third quarter to $61.9 billion, compared to the second quarter. The increase shows that tech industry recovery is continuing, since chips are used in everything electronic. Sales compared to the third...

A federal district court in Northern California awarded Facebook $711 million in damages against Sanford Wallace, an online marketer who accessed users’ accounts without their permission, sent phony messages and wrote wall posts. These were use...

AT&T, the major U.S. phone operator, will launch a Nokia Symbian phone with a Qualcomm chip in the U.S. market, an industry source close to Nokia has told VentureBeat. It’s just the latest in a wide front of attack the giant Finnish company...

Facebook did go through with the big top-down overhaul we reported on earlier. This could have significant implications for the way top-performing games attract new users through the system. (If you want the full live-blogged version, it’s here...

We’ve been a little behind with roundup lately. Our apologies. Here’s the latest action: Barnes & Noble Nook sold out — The bookseller’s entry into the eBook reader market is under way. The B&N Nook is out of stockk on the company’s web site and it is...

Here’s our rundown of the week’s business and tech news. First, the most popular stories VentureBeat published in the last seven days: Microsoft’s Ray Ozzie: Apps don’t make your phone special — “It’s not the applications available on the...

Here’s the latest from VentureBeat’s Entrepreneur Corner: 5 ways VC firms can stop shooting themselves in the foot – Venture Capital firms drill the need to create basic credibility into the companies they invest in – but often fail to take...

Brizzly, an application for managing messages in Twitter and Facebook, expanded its beta test today — now you don’t need an invite code, so anyone can use it. The application was created by San Francisco-based Thing Labs, and includes features like...

Twitter said it’s planning a large-scale advertising network soon, but U.K.-based Tweetmeme beat them to the punch with a monetization effort of its own today. The startup, which creates those green ‘Retweet’ buttons you see everywhere (including on...