After Ernest von Simson's book, "The Limits of Strategy: Lessons in Leadership from the Computer Industry," was published three years ago, he watched major shifts occur at the IT companies he had focused on, notably the slide of Hewlett-Packard at the same time that stalwart IBM maintained its industry standing.

The U.S. Federal Trade Commission has reached a settlement with HTC America over security holes in the company's smartphone and tablet software that left millions of users' personal information at risk.

More Americans read e-books in the last year, with 23 percent of those ages 16 and over going digital, compared to 16 percent in the previous survey for the Pew Internet & American Life Project, which released its latest results on e-book readership Thursday.

Craig Mundie has left his role as Microsoft's chief research and strategy officer to become senior adviser to the CEO, as he winds down before retirement.

Some of the most memorable IT-related quotes were uttered in courtrooms this year, which involved a steady stream of legal challenges about intellectual property. In no particular order, these are some of the comments that stuck with us as 2012 winds to a close.

Softbank will acquire a 70 percent stake in Sprint Nextel, with the boards of both companies agreeing to the deal, which will be announced Monday, according to CNBC.

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Name: Patrick Harding

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