Lenovo Group Ltd. plans to lay off 1,000 employees, or about 5 percent of its workforce, and move its corporate headquarters from Purchase, N.Y., to Raleigh, N.C., in the face of increasing competition. The cuts will be spread across Lenovo's worldwide offices. Lenovo President William Amelio said the move was made in part "to bring our expense-to-revenue ratio closer to industry benchmarks and simplify our organizational structure."

Microsoft sues eBay users for bootlegs

Microsoft Corp. has filed suit against eight users of eBay Inc.'s auction site for allegedly selling counterfeit copies of the company's software online. The lawsuits, part of Microsoft's continuing effort to crack down on distributors of illegal software, were filed in courts in Arizona, Connecticut, Florida, Hawaii, Massachusetts, Nebraska, New York and Washington.

Adobe hires Sun's top software exec

John Loiacono will be leaving his post as Sun Microsystems Inc.'s top software executive on Friday to join Adobe Systems Inc. as senior vice president of its Creative Solutions business unit. Loiacono had succeeded Jonathan Schwartz as executive vice president of software at Sun about two years ago. At Adobe, Loiacono will report to Shantanu Narayen, Adobe's president and chief operating officer.