Today in Tech: News around the Web

October 29, 2010: 8:11 AM ET

Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.

  • Surprise, naysayers! Microsoft posted a record first quarter: $5.41 billion in earnings and $16.2 billion in revenue -- in particular, sales were up 25%. CFO Peter Klein said in a statement that it was an exceptional quarter combining solid enterprise growth and continue strong consumer demand for Office 2010, Windows 7 and Xbox 360. (TechEye)
  • In a court filing, SAP admitted "contributory liability" in the case Oracle brought against it for copyright infringement involving its now-defunct TomorrowNow acquisition. (Information Week) More
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