Daily wrap up - July 29 - Tech.

<strong>Microsoft and Yahoo in 10-year Web search partnership</strong>

Following a year of to-and-fro negotiations, Microsoft Corp. and Yahoo Inc. finally agreed to partner up in the Internet-search sector in a joint effort to beef up competition against search-engine giant, Google. <a href="http://www.ibtimes.com/articles/20090729/microsoft-yahoo-deal-google-steve-ballmer.htm" target="_blank">Read Full Article here</a>.

<strong>Sprint posts loss, shares tumble 10 percent</strong>

Sprint Nextel Corp posted a wider quarterly loss and revenue fell 10 percent as the No. 3 U.S. mobile service continued to lose valuable monthly bill-paying customers. Its shares fell more than 10 percent. <a href="http://www.ibtimes.com/articles/20090729/sprint-loss-widens-shares-fall-10-percent.htm" target="_blank">Read Full Article here</a>.

<strong>Chipmakers optimistic on recovering demand, prices</strong>

Top Asian and European semiconductor manufacturers sounded a note of optimism on Wednesday as they predicted demand and prices picking up in the second half of the year. Taiwan's UMC, the world's second-biggest contract chipmaker, Europe's top chipmaker STMicroelectronics and even struggling German competitor Infineon all forecast that this quarter's sales would beat last quarter's.&nbsp;<a href="http://www.ibtimes.com/articles/20090729/chipmakers-optimistic-on-recovering-demand-prices.htm" target="_blank">Read Full Article here</a>.

<strong>Intel sees no first-time PC buyers for netbooks</strong>

Intel Corp said on Wednesday it no longer expects netbooks to appeal to first-time computer buyers, but sees continued sales of the ultra-portable laptops as a secondary machine or a durable option for kids. <a href="http://www.ibtimes.com/articles/20090729/intel-sees-no-first-time-pc-buyers-for-netbooks.htm" target="_blank">Read Full Article here</a>.&nbsp;