Chip maker Advanced Micro Devices (AMD) gained some ground on rival Intel in the lucrative microprocessor market during the first quarter, market research iSuppli said late Tuesday.

Taiwan's First International Computer (FIC) showed off several new low-cost laptops, or netbooks , at Computex last month, and many of them will hit U.S. stores through affiliate Everex Systems.

Microsoft has chosen the name "Equipt" for a forthcoming package of products that includes its Office suite, Internet security software and other services, and will sell it for an annual subscription fee of $69.99.

The U.S. Department of Justice is continuing its formal antitrust investigation into the advertising partnership between Yahoo and Google, according to a department spokeswoman.

Micro Focus and Microsoft are working to bolster efforts to enable Cobol-based mainframe applications to run on Windows and also plan a version of CICS for .Net.