Oracle boss Larry Ellison said Wednesday that he is out to dethrone IBM in the realm of business network hardware, including high-end computer servers.

"Our biggest competitor is IBM," Ellison said during an on-stage chat with Kara Swisher at the prestigious All Things Digital conference hosted by the Rupert Murdoch-owned technology news website.

Samsung on Tuesday released the first Chrome desktop computer that essentially shifts work into Internet "cloud" using a version of the Google Web browser as its operating system.

Staunch Google partner Samsung unveiled Series 3 Chromebox along with a beefed-up Series 5 Chromebook that is the latest in a line of Chrome-powered laptops introduced last year by Google.

Online retail powerhouse Amazon.com on Tuesday announced a collaboration with Microsoft to begin streaming films and television shows to Xbox 360 videogame consoles.

An "app" was made available for free download to let people with subscriptions to Xbox Live Gold view Amazon Prime video using Microsoft's popular videogame consoles linked to Internet.

Scandal-hit Japanese camera maker Olympus is in separate talks with Sony and Panasonic for a possible tie-up as it looks to rescue itself after a huge losses cover-up, a report said Wednesday.

In a revamp, the company, which also manufactures medical equipment, is also looking to slash 2,500 jobs, the Asahi Shimbun said, without naming its sources.

The agency in charge of website addresses has picked June 13 as the day it will reveal proposed new names for online neighborhoods breaking the ".com" mold.

The Internet Corporation for Assigned Names and Numbers (ICANN) said in an online post that it will stop taking applications for Generic Top Level Domains at the end of Wednesday in the GMT time zone and reveal the requests in June.

Iran claimed on Tuesday to have come up with an anti-virus program against "Flame", an extraordinarily sophisticated malware that hit its servers and deployed various spying procedures, apparently at the behest of a foreign power.

"Tools to recognize and clean this malware have been developed and, as of today, they will be available for those (Iranian) organizations and companies who want it," Maher, a computer emergency response team coordination center in Iran's telecommunications ministry, said on its website.

Japan's Renesas Electronics Corp. has reached a deal with electronics maker Taiwan Semiconductor Manufacturing Co. to have TSMC produce chips.

Renesas said Monday in a statement the two companies will work together to develop chips to cut costs while maintaining quality.

A top Russian anti-virus software firm said it had uncovered a new computer virus with unprecedented destructive potential which is being used as a "cyberweapon" against several countries.

Kaspersky Lab, one of the world's biggest producers of anti-virus software, said its experts discovered the virus -- known as Flame -- during an investigation prompted by the International Telecommunication Union (ITU).

Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

The company has hired more than half a dozen software and hardware engineers who have worked on Apple's bestselling iPhone and one engineer who has iPad experience, the paper said, citing employees and other unnamed sources.

Panasonic may halve its 7,000-strong headquarters as part of a bid to streamline the Japanese electronics giant and turn a profit following a record annual loss, media reports said Tuesday.

The Osaka-based firm is looking at shrinking its main office by between 3,000 and 4,000 staff, mainly through early retirements and employee transfers to subsidiaries, the Nikkei business daily and Jiji Press reported.