AP - Multimedia software developer Avid Technology Inc. on Monday reported final, corrected third-quarter results that show its revenue was slightly lower than what it had originally reported in October.

The Microsoft co-founder has non-Hodgkin's lymphoma, according to a memo sent by his sister.

AP - Social-networking site Twitter plans to end a service that links prominent message posters with new users, a service that was criticized in California because of perceived unfairness toward GOP gubernatorial candidates.

Macworld.com - Runtime Revolution has released version 4.0 of its self-titled application-authoring software. New in this release is the ability to deploy applications directly to the Web in any of the major browsers running in Mac OS X, Windows, and Linux.

Reuters - Media conglomerate Time Warner Inc said on Monday it will spin off its AOL unit to shareholders on December 9, nine tumultuous years after one of the most disastrous corporate mergers in history.