Microsoft puts Office in the cloud, confronts Google

Microsoft Corp is making its biggest move into the mobile, Internet-accessible world of cloud computing this week, as it takes the wraps off a revamped online version of its hugely profitable Office software suite.

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IPO filings at fastest pace since 2007

Global filings for IPOs are accelerating to the fastest pace since 2007 just as Greece’s debt crisis and China’s rising inflation drag down global stock markets.

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E-reader ownership doubles, surges ahead of tablet adoption

E-reader ownership among US adults has surged in the last six months, doubling from 6% to 12%, according to a survey released by the Pew Research Center. That remarkable rate of adoption surpasses even tablets, which are owned by just 8% of adults 18 and older.

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