Ahead of the Bell: Nvidia up after beating views AP (November 06, 2009) NEW YORK (AP) - Driven by strength across all its businesses, Nvidia Corp. posted better-than-expected results for its third quarter, sending shares higher in premarket trading Friday.
Ford to put air bags into back seat belts of SUV AP (November 05, 2009) DETROIT (AP) - Air bags have long been mounted in the steering wheel, dashboard and sides of vehicles. Now, they're in the seat belts.
Microsoft CEO: Windows 7 Japan sales 'fantastic' AP (November 05, 2009) TOKYO (AP) - Sales of Microsoft Corp.'s new Windows 7 operating system have been "fantastic" in Japan since its launch last month, CEO Steve Ballmer said Thursday.
Sirius XM 3Q loss narrows as revenue rises AP (November 05, 2009) NEW YORK (AP) - Sirius XM Radio Inc., the nation's only major satellite radio provider, on Thursday said its third-quarter loss narrowed as it booked smaller charges and revenue rose almost 27 percent.
Cisco forecasts first revenue growth in a year AP (November 05, 2009) SAN FRANCISCO (AP) - Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back.
JDA Software to buy i2 for about $434 million AP (November 05, 2009) NEW YORK (AP) - JDA Software Group Inc., which makes inventory management software for retailers, said Thursday it has agreed to buy rival i2 Technologies Inc. for about $434 million.
Industry group says chip forecast is brighter AP (November 05, 2009) SAN JOSE, Calif. (AP) - The Semiconductor Industry Association said Thursday its forecast for global chip sales is brighter than its previous projections, reflecting an improving economy.
Orbitz receives $100 million from 2 investors AP (November 05, 2009) CHICAGO (AP) - Online-travel company Orbitz Worldwide Inc. said Thursday it received equity investments totaling $100 million from two companies.
Smart phone demand going strong in 3Q AP (November 05, 2009) FRAMINGHAM, Mass. (AP) - The global smart phone market set a record for shipments in the third quarter as it continues to weather the economic turmoil, research firm IDC said Thursday.
Panasonic begins tender offer for Sanyo takeover AP (November 05, 2009) TOKYO (AP) - Panasonic Corp. said Thursday it has started its bid to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen ($4.4 billion), moving closer to create one of the world's biggest electronics makers.
EU agrees on new Internet user rights AP (November 05, 2009) BRUSSELS (AP) - EU lawmakers and governments agreed on new rights for Internet users Thursday, aiming to protect them from arbitrary crackdowns on those who illegally download music and movies on the Internet.
Ahead of the Bell: Sanmina rises on demand outlook AP (November 05, 2009) NEW YORK (AP) - Shares of Sanmina-SCI Corp. rose in Thursday, after the electronics services company said demand was increasing and issued an upbeat outlook.
A growing PayPal could soon overshadow parent eBay AP (November 04, 2009) SAN FRANCISCO (AP) - Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal, the online payments service that has been growing steadily even as the economy has stumbled.
Study: Internet use leads to more diverse networks AP (November 04, 2009) NEW YORK (AP) - A new study confirms what your 130 Facebook friends and scores of Twitter followers may have already told you: The Internet and mobile phones are not linked to social isolation.
T-Mobile says phone service outage resolved AP (November 04, 2009) NEW YORK (AP) - Wireless provider T-Mobile USA Inc. says it has cleared up service problems that were interfering with calls and text messaging for about 5 percent of its customers.
Microsoft lays off 800 more workers worldwide AP (November 04, 2009) REDMOND, Wash. (AP) - Microsoft Corp. says it is cutting 800 more jobs. That's in addition to the 5,000 layoffs it announced in January.
Ancestry.com hopes to raise $100 million in IPO AP (November 04, 2009) NEW YORK (AP) - Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges.
Apple's partner sells 5,000 iPhones in China debut AP (November 04, 2009) BEIJING (AP) - Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company might be setting prices too high.
Garmin to release third-quarter earnings AP (November 04, 2009) OLATHE, Kan. (AP) - Navigational device maker Garmin Ltd. is expected to report lower third-quarter profits and revenues from a year ago.
Groups representing Mass. tech firms to merge AP (November 04, 2009) BURLINGTON, Mass. (AP) - Two organizations that represent the interests of technology companies in Massachusetts are combining forces.
Nokia Siemens Networks to lay off up to 5,700 AP (November 03, 2009) HELSINKI (AP) - Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
Univ. of Ill. to host new US Army computer center AP (November 03, 2009) CHAMPAIGN, Ill. (AP) - The U.S. Army is financing a new research center at the University of Illinois to develop technology for computer networks used on battlefields and in other similarly difficult environments.
Diebold posts 3Q loss on voting unit sale charge AP (November 03, 2009) NORTH CANTON, Ohio (AP) - ATM maker Diebold Inc. on Tuesday posted a third-quarter loss as it absorbed a big loss on the sale of its voting machine business. It also cut its full year profit and revenue forecast.
Winner named in lunar lander X Prize contest AP (November 03, 2009) LOS ANGELES (AP) - A team of California rocketeers has won a $1 million prize in a simulated lunar landing contest backed by NASA.
Author Ken Auletta searches for the Google story AP (November 02, 2009) (AP) - "Googled: The End of the World as We Know It" (The Penguin Press, 336 pages, $25.95), by Ken Auletta. Google is best understood in terms of billions. Three billion searches are conducted daily on the site. Company revenues last year exceeded $22 billion. It spent $1.76 billion for YouTube and $3.2 billion for the digital ad company DoubleClick.
Microsoft CEO: IT spending won't fully recover AP (November 02, 2009) SEOUL, South Korea (AP) - Microsoft CEO Steve Ballmer said Monday corporate spending on information technology will not recover to levels seen in recent years before the global economic slowdown.
Forrester projects rise in online holiday sales AP (November 02, 2009) NEW YORK (AP) - Forrester Research Inc. is projecting an 8 percent increase to $44.7 billion in online holiday sales compared with a year ago as bargain hunters turn to the Web for deals.
Reports: Cyberattacks traced to NKorea AP (October 30, 2009) SEOUL, South Korea (AP) - The North Korean government was the source of high-profile cyberattacks in July that caused Web outages in South Korea and the United States, news reports said Friday.
InfoGroup holds annual meeting in Papillion, Neb. AP (October 29, 2009) PAPILLION, Neb. (AP) - Database provider InfoGroup Inc. plans to welcome shareholders to one of its suburban Omaha offices in Papillion for its annual meeting.
US official: Homemade bombs pose worldwide threat AP (October 29, 2009) WASHINGTON (AP) - The use of homemade bombs extends well beyond Afghanistan and Iraq, making the weapons a global problem that requires an international solution, a senior U.S. military official said Thursday.
Nintendo's profit dives as Wii demand dwindles AP (October 29, 2009) TOKYO (AP) - Nintendo's first-half profit plunged as sales of its hit Wii home console fizzled, forcing the maker of Super Mario and Pokemon games to forecast annual earnings would fall for the first time in six years.
Motorola posts 3Q profit, names permanent CFO AP (October 29, 2009) NEW YORK (AP) - Motorola Inc. reported an unexpected quarterly profit Thursday as operating losses in its struggling mobile phone division narrowed. The company also forecast stronger-than-anticipated earnings for the current period.
Expedia's 3Q profit up 23 pct as bookings rise AP (October 29, 2009) BELLEVUE, Wash. (AP) - Bookings are up at online travel company Expedia Inc., although prices for flights and hotels continued softening.
Sun CEO's pay package cut by a third in '09 AP (October 29, 2009) SAN FRANCISCO (AP) - The value of Sun Microsystems Inc. CEO Jonathan Schwartz's latest pay package dropped 37 percent from last year as the company lost more than $2 billion and was in such dire financial shape that it was forced to put itself up for sale.
PerkinElmer profit tumbles on lower sales AP (October 29, 2009) WALTHAM, Mass. (AP) - PerkinElmer Inc., which supplies equipment and services to pharmaceutical and other companies, says third-quarter profit and sales fell, but the CEO said he was seeing encouraging signs.
BMC Software posts 35 percent jump in 2Q earnings AP (October 29, 2009) HOUSTON (AP) - BMC Software Inc. said Thursday its fiscal second-quarter earnings jumped 35 percent, as falling expenses offset a slight decline in sales.
Financial technology company adding 419 jobs in NC AP (October 28, 2009) HICKORY, N.C. (AP) - Financial technology company Fiserv Inc. plans to open a new location in North Carolina and add more than 400 jobs.
Chinese paper accuses Google of hampering searches AP (October 27, 2009) BEIJING (AP) - Google Inc. faces a new controversy in China after a Web site run by the Communist Party's main newspaper accused the U.S. search giant of trying to keep Internet users away following its reports on a copyright dispute.
Vishay to spin off 2 businesses to shareholders AP (October 27, 2009) MALVERN, Pa. (AP) - Vishay Intertechnology Inc. said Tuesday it plans to spin off its measurements and foil resistor businesses into an independent, publicly traded company called Vishay Precision Group Inc.
IAC reports 3Q profit but ad revenue still slips AP (October 27, 2009) NEW YORK (AP) - IAC/InterActiveCorp, which runs Match.com, Ask.com and other Web sites, says asset sales helped it profit in the third quarter while ad revenue continued to slump.
Netflix movie streaming coming to PlayStation 3 AP (October 26, 2009) NEW YORK (AP) - PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox 360 owners have been able to do for a year.
Internet set for change with non-English addresses AP (October 26, 2009) SEOUL, South Korea (AP) - The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names - or addresses - that can be written in languages other than English, an official said Monday.
Consumer groups against Ohio phone deregulation AP (October 23, 2009) COLUMBUS, Ohio (AP) - Consumer groups are banding together to oppose Ohio legislation that would deregulate basic landline telephone service.
Windows upgrades lower Microsoft profit 18 percent AP (October 23, 2009) REDMOND, Wash. (AP) - Microsoft's profit fell 18 percent in the last quarter, partly because it deferred revenue to let summertime PC buyers get free upgrades to Windows 7, which launched Thursday.
Sources: Fisker to build plug-in cars in Delaware AP (October 23, 2009) DOVER, Del. (AP) - Fisker Automotive, a California-based startup manufacturer of luxury electric vehicles, plans to build plug-in electric cars at a former General Motors assembly plant in Delaware, people with knowledge of the situation said Friday.
Feds probe why jet flew 150 miles past airport AP (October 23, 2009) WASHINGTON (AP) - Federal investigators are scrambling to determine what happened aboard a Northwest Airlines jetliner whose crew flew 150 miles past its destination while air traffic controllers, other pilots and even a flight attend
Judge dismisses 'Adult Services' Craigslist suit AP (October 23, 2009) CHICAGO (AP) - A federal judge has thrown out a lawsuit aimed at driving classified ads for prostitution off the Craigslist Web site.
Xerox posts drop in 3Q earnings AP (October 22, 2009) NORWALK, Conn. (AP) - Xerox Corp. reported a 52 percent drop in its third-quarter profit Thursday as companies continue to spend cautiously on printer and copier supplies and take longer to upgrade office equipment.
EMC net falls but co. sees better storage spending AP (October 22, 2009) SAN FRANCISCO (AP) - EMC Corp. said Thursday its profit fell 24 percent and sales dropped 5 percent in the latest quarter as corporations spent less on data storage.
FCC set to start pursuing `net neutrality' rules AP (October 22, 2009) WASHINGTON (AP) - Federal regulators are expected to take a step forward Thursday on rules that would prohibit broadband providers from favoring or discriminating against Internet traffic.
Ahead of the Bell: Amazon to report 3Q results AP (October 22, 2009) SAN FRANCISCO (AP) - Amazon.com Inc. is slated to give its third-quarter report after the market close on Thursday. The results will show investors how much consumers are spending at the online retailer despite the still-sluggish economy.
Ericsson 3Q profits drop 71 percent AP (October 22, 2009) STOCKHOLM (AP) - Wireless equipment maker LM Ericsson AB on Thursday said profits tumbled 71 percent in the third quarter, worse than markets expected, as cash-strapped mobile operators cut spending on their networks.
Microsoft hopes for a fresh start with Windows 7 AP (October 22, 2009) SEATTLE (AP) - Microsoft Corp. put a new edition of Windows on sale Thursday, hoping for a fresh start after a bad reception for the previous version of the software that runs most of the world's personal computers.
Earnings Preview: Amazon seen posting solid 3Q AP (October 21, 2009) SAN FRANCISCO (AP) - Amazon.com Inc. reports its earnings for the third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.
EU: breakthrough on online music rights AP (October 21, 2009) BRUSSELS (AP) - The EU's top antitrust official on Wednesday described a deal among Apple Inc.'s iTunes, music companies, distributors and online licensing groups as a "great breakthrough" that would roll out more Internet music sales across Europe.
Ahead of the Bell: EBay to report 3Q results AP (October 21, 2009) SAN FRANCISCO (AP) - When eBay Inc. reports its third-quarter earnings Wednesday after the closing bell, investors may get a better sense of how well the company's ongoing efforts to refresh its online marketplace are working.
Twitter may eliminate 'suggested users' list AP (October 21, 2009) SAN FRANCISCO (AP) - If you're trying to figure out who to follow on Twitter, you might soon be turning to fellow users for help, rather than the company itself.
Chinese group says Google violating copyrights AP (October 21, 2009) SHANGHAI (AP) - A Chinese group is accusing search engine powerhouse Google of illegally copying Chinese-language works for its digital library, adding to disquiet about a project to scan millions of books.
Wikipedia founder joins HP in magazine project AP (October 21, 2009) JERUSALEM (AP) - The founder of Wikipedia has announced a new partnership with Hewlett-Packard's MagCloud printing service.
Yahoo profits rise in 3Q, will revenue follow? AP (October 21, 2009) SAN FRANCISCO (AP) - Yahoo Inc. has pumped up its profits by laying off workers and weeding out unpopular Internet services.
SuccessFactors prices shares at $15.50 each AP (October 21, 2009) SAN MATEO, Calif. (AP) - SuccessFactors Inc., a business-software maker, said it priced 12 million common shares at $15.50 per share.
Navistar to issue $1.5 billion debt offering AP (October 20, 2009) WARRENVILLE, Ill. (AP) - Truck maker Navistar International Corp. on Tuesday said it plans to issue $1.5 billion in new debt that it will use to repay an outstanding loan.
Verizon's big ad push for Android takes on iPhone AP (October 20, 2009) NEW YORK (AP) - An aggressive TV ad campaign from Verizon Wireless is adding to the support building for a software package from Google Inc. that is shaping up to be the most formidable challenge yet to Apple Inc.'s iPhone.
Microsoft retrieves lost Sidekick contacts AP (October 20, 2009) NEW YORK (AP) - Microsoft Corp. says owners of T-Mobile Sidekick phones who lost their contacts and other data in a server meltdown can now at least get their contact numbers back.
Investors lap up Apple's 47 percent profit jump AP (October 20, 2009) SEATTLE (AP) - Wall Street knew Apple Inc.'s results for the most recent quarter would blow past the company's guidance, but investors clearly weren't prepared for the 47 percent jump in profit that Apple delivered.
IPhone helps Apple profit rise 47 pct; stock leaps AP (October 19, 2009) SEATTLE (AP) - Apple Inc. increased its net income 47 percent in the most recent quarter as more people bought Mac computers and gave in to the iPhone craze. The results sent Apple shares surging in extended trading Monday to an all-time high.
Singer death column sparks Twitter rage AP (October 19, 2009) LONDON (AP) - Britain's press watchdog said Monday it had received a record 21,000 complaints about a newspaper column on the death of Boyzone singer Stephen Gately after critics used Twitter to brand the article homophobic and insensitive.
Ad agencies urge DOJ to okay Yahoo, Micorosft deal AP (October 19, 2009) WASHINGTON (AP) - Major advertising and marketing agencies are urging antitrust reviewers to approve a proposed online search partnership between Yahoo and Microsoft.
JDA Software swings to loss on $8.6M payment AP (October 19, 2009) SCOTTSDALE, Ariz. (AP) - JDA Software Group Inc. reported a third-quarter loss on Monday, pushed into the red by an $8.6 million payment related to the repurchase of preferred stock.
Google ready to open wallet again after stellar 3Q AP (October 16, 2009) SAN FRANCISCO (AP) - Google Inc.'s earnings and stock price are soaring again - and so is the Internet search leader's optimism.
IBM sees better profit despite tech sales slump AP (October 16, 2009) SAN FRANCISCO (AP) - IBM Corp. is a rare example of a company that has kept boosting profit even as the recession has sapped its sales.
ASML returns to profit in third quarter, orders up AP (October 14, 2009) AMSTERDAM (AP) - ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased sharply.
Stocks surge on Intel, JPMorgan reports AP (October 14, 2009) NEW YORK (AP) - Surprisingly strong earnings reports from Intel and JPMorgan Chase are sending stocks sharply higher in early trading.
Microsoft patches 34 security holes, many critical AP (October 14, 2009) REDMOND, Wash. (AP) - Microsoft Corp. issued a record number of security patches for its software Tuesday as part of its regular monthly update.
Intel gives world markets a boost AP (October 14, 2009) LONDON (AP) - World stock markets rallied Wednesday after an upbeat earnings statement from Intel Corp., the world's largest chipmaker, and China's economy showed more signs of a recovery.
PepsiCo iPhone app draws fire for stereotyping AP (October 14, 2009) MILWAUKEE (AP) - PepsiCo Inc. is facing criticism for an iPhone application that promises to help men "score" with two dozen stereotypes of women by giving users pickup lines and a scoreboard to keep track of their conquests.
AT&T, Centennial deal gets Justice Department okay AP (October 13, 2009) WASHINGTON (AP) - AT&T Inc. has reached an agreement with the Justice Department and the Louisiana Attorney General to sell off assets in eight markets in Louisiana and Mississippi in order to proceed with its proposed $944 million acquisition of Centennial Communications Corp.
Lotteries discuss cross-selling, national game AP (October 13, 2009) DES MOINES, Iowa (AP) - The nation's two biggest lottery games are talking about cross-selling tickets in U.S. lottery jurisdictions with the potential for a national lottery, the head of a lottery association said Tuesday.
Apple director Levinson leaves Google's board AP (October 13, 2009) MOUNTAIN VIEW, Calif. (AP) - Google Inc. said Monday that Arthur Levinson has resigned from the Internet search leader's board, averting a potential showdown with government regulators over his overlapping job as a director for computer and gadget maker Apple Inc.
Intuit nominates David Batchelder as director AP (October 13, 2009) MOUNTAIN VIEW, Calif. (AP) - Financial software company Intuit Inc. said David Batchelder will be added to its board's slate of nominees standing for election at its 2009 annual shareholder meeting.
Twitter users undermine attempt to gag UK media AP (October 13, 2009) LONDON (AP) - Bloggers and Twitter users thwarted a legal attempt Tuesday to stop Britain's media from reporting the questions posed by a lawmaker in a parliamentary debate, spotlighting the power of new media to influence public policy.
Cisco to buy Starent Networks for $2.9B AP (October 13, 2009) SAN JOSE, Calif. (AP) - Betting on the growing popularity of data-hungry phones like the iPhone, Cisco Systems Inc. said Tuesday it had agreed to pay $2.9 billion for Starent Networks Corp., a maker of equipment for wireless carriers.
Kindle lightens textbook load, but flaws remain AP (October 13, 2009) SEATTLE (AP) - It's an experiment that has made back-to-school a little easier on the back: Amazon.com gave more than 200 hundred college students its Kindle e-reading device this fall, loaded with digital versions of their textbooks.
Comcast tries pop-up alerts to warn of infections AP (October 13, 2009) PHILADELPHIA (AP) - Comcast Corp. wants to enlist its customers in a fight against a huge problem for Internet providers - the armies of infected personal computers, known as "botnets," that suck up bandwidth by sending spam and facilitating cybercrime.
Intel stokes hopes for PC recovery AP (October 13, 2009) SAN FRANCISCO (AP) - Intel Corp. has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock jumped late Tuesday on signs things are picking up faster than expected, despite a few lingering trouble spots.
Microsoft patches 34 security holes, many critical AP (October 13, 2009) REDMOND, Wash. (AP) - Microsoft Corp. issued a record number of security patches for its software Tuesday as part of its regular monthly update.
Google CEO creates $25M endowment at Princeton AP (October 13, 2009) TRENTON, N.J. (AP) - Google CEO Eric Schmidt and his wife have given $25 million to start an endowment fund at Princeton University.
Google board member steps down AP (October 12, 2009) MOUNTAIN VIEW, Calif. (AP) - Google Inc. says a board member who is also a director of computer maker Apple Inc. is stepping down, removing a potential conflict of interest as the two companies look to compete more directly.
Sidekick contacts, data gone, T-Mobile says AP (October 12, 2009) NEW YORK (AP) - Owners of Sidekick phones may have lost all the personal data they stored on the phone, including contact numbers.
Lenny Bruce memorabilia headed to the auction bloc AP (October 12, 2009) LOS ANGELES (AP) - If he'd had a Lenny's House to go to, Lenny Bruce's daughter says, her father might have lived to celebrate his 84th birthday on Tuesday.
Philips profit boosts European markets AP (October 12, 2009) LONDON (AP) - European stock markets rose strongly Monday as investor sentiment was buoyed by better than expected third-quarter profits from Royal Philips Electronics NV at the start of a week when earnings statements around the world will be the main focus of attention.
Siemens loans $178M to finance wind expansion AP (October 12, 2009) ISELIN, N.J. (AP) - Siemens Financial Services Inc. said Monday that it has loaned Windy Point Partners II $178 million to finance expansion of a wind project in Washington state.