Chipmaker Broadcom Corp plans to buy NetLogic Microsystems Inc for about $3.7 billion to expand its lineup of chips used in wireless network equipment to take advantage of growing demand for mobile data services.

Google Inc’s effort to break into the daily deal industry and challenge industry leaders Groupon and LivingSocial is not going well, according to data released on Monday.

Analysts are predicting that Nintendo will sell fewer 3D handheld players according to Bloomberg.  3DS sales are expected to be 16 percent less than Nintendo’s annual goal of 16 million units.

Dolby Laboratories said it has withdrawn its patent infringement lawsuit against Research In Motion after the BlackBerry maker inked a licensing deal to use of some of Dolby’s technologies.