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October 30, 2009

Acer Reports Record Revenue

Acer reported a rosy quarter, one InfoWorld described as its best revenue quarter ever .   In the quarter in which it overtook Dell in shipments to become the world's No. 2 PC vendor, Acer ... More >

IBM Replaces Exec Caught up in Insider Trading Case

IBM has replaced Robert Moffat Jr. , a senior vice president, who was arrested in the Galleon Group hedge fund scheme, reports Bloomberg . Moffat was placed on leave after his arrest. Moffat at on... More >

Facebook Updates Privacy Policy

In response to concerns raised by Canadian privacy officials , Facebook has revamped its privacy policy. According to PC Magazine , the updated version spells out privacy rules in a "clearer and m... More >

Mobile Phone Market Upswing Forecast for Q4

The global market for mobile phones will turn around in the fourth quarter, according to Strategy Analytics, a business research firm. Strategy Analytics' report predicts that worldwide shipments of... More >

Samsung Declares Record Third Quarter Earnings

Samsung Electronics reported that it tripled its profits in the third quarter of 2009, says Financial Times .   The company reported 3,723 billion won (roughly US$3.12 billion) in net profits ... More >

Sony Reports Third Straight Quarterly Loss

Sony reported more losses for the third quarter of 2009, which included restructuring charges, says The Wall Street Journal .   The company reported its third quarter losses at $287.5 million,... More >

Alcatel-Lucent Reports Increased Net Losses in Q3

According to an IDG story on CIO.com , Alcatel-Lucent reported a drop in sales and an increase in losses during the third quarter.   The French company's revenue for the third quarter was 3.7... More >

October 29, 2009

Sprint Outlines Plans for App Store

Sprint plans to introduce a new, more open application store on its feature phones early in the first quarter of next year. The carrier also plans to remove its built-in set of applications from futu... More >

Cost-Cutting Sends Motorola into the Black

Motorola, a continual Sad Sack of late, surprised everyone with a third quarter in the black , reports Barron's .   It reported net income of $12 million, or 1 cent a share, after a loss of $3... More >

Sprint Nextel Posts Wider Loss

Sprint Nextel reported a disappointing quarter as it continued to lose customers despite beefing up its phone subsidies, reports Bloomberg .   It reported a loss of $478 million or 17 cents ... More >

Finalization of Microsoft-Yahoo Search Deal Delayed

Microsoft and Yahoo signed a binding letter agreement on their 10-year search deal in July, but ironing out all the details has taken longer than expected. In a filing with the U.S. Securities and ... More >

Red Bend Sues Google for Patent Infringement

According to Computerworld , Google has been hit with a patent infringement suit filed by Israeli company Red Bend.   Red Bend alleges that Google uses its patented technology in Courgette, t... More >

October 28, 2009

SAP Profit Up, but Sales Decline

German software maker SAP reported a 12 percent increase in third-quarter profit , a figure below analyst expectations, reports Bloomberg .   Net income rose to 435 million euros ($645 million... More >

Ex-AMD CEO Ensnared in Galleon Insider Trading Case

Hector Ruiz, former head of AMD and current chair of AMD spinoff Global Foundries, is embroiled in the Galleon insider trading scheme that has seen six top executives arrested to date. Ruiz, who is n... More >

October 27, 2009

Wipro Reports Robust Earnings

Indian software services firm Wipro reported net income rose 21 percent to 11.71 billion rupees ($243 million) in its most recent quarter, with revenue up 6 percent to 69.18 billion rupees ($1.44 bil... More >

FairPoint Files for Bankruptcy Protection

FairPoint Communications filed for bankruptcy protection this week after it failed to properly integrate the phone lines it purchased from Verizon Communications last year, says The New York Times ... More >

Dassault Acquires IBM Support Unit for $600 Million

French technology firm Dassault Systemes has signed a deal $600 million with IBM to take over part of its sales and customer support division, says The New York Times . The unit sells and supports... More >

October 26, 2009

Ex-FCC Boss Joins AOL Board

Former Federal Communications Commission Chairman Michael Powell has been named to the board of directors of AOL , which is gearing up for a spinoff from Time Warner, reports The Wall Street Journa... More >

Verizon Pays in Alltel Acquisition, but Gains Customers

Verison reported profit declined by 29 percent in the third quarter with costs associated to its Alltel acquisition, reports bizjournals.com .   Its net income was $1.18 billion, or 41 cents a... More >

EMC Beats Expectations, Raises Forecast

EMC reported earnings were down 24 percent in the third quarter, but it beat analysts' expectations, reports MarketWatch .   EMC reported profit of $298.2 million or 14 cents a share, on sal... More >

HTC Targets You with Global Ad Campaign

HTC worked with creative agency FigTree and ad agency Deutsch LA to develop a global ad campaign that will run across 20 countries with the tagline "You don't need to get a phone. You need a phone t... More >

October 23, 2009

Amazon Profit Soars in Third Quarter

Even amid the throes of recession, Amazon's profit surged 62 percent in the third quarter, according to The New York Times. ,   The company reported net income rose 62 percent to $199 million... More >

Microsoft Tops Wall Street Expectations

On the heels of its official release of Windows 7 , Microsoft announced net income fell 18 percent to $3.6 billion and revenue fell 14 percent to $12.92 billion for its first quarter, which ended Se... More >

Nokia Claims iPhone Infringes on Patents

Nokia is suing Apple claiming that the iPhone infringes on 10 of its patents, reports InformationWeek . The patents involve involve GSM, UMTS (3G WCDMA), and wireless LAN standards.   Ilkka Ra... More >

October 22, 2009

Tweets to Become Part of Microsoft, Google Search

As previously speculated , both Microsoft and Google have announced agreements with Twitter to provide search of its posts in real time, reports The New York Times .   According to The Inqu... More >

AT&T Profits Down, but Wireless Business Grows

AT&T announced its net income was down in the third quarter, says The New York Times . The company could not cut costs enough to alleviate falling revenues from landlines.   From July thro... More >

Phoenix Accuses DeviceVM of Trade Secret Theft

According to Computerworld , Phoenix Technologies Ltd. is accusing DeviceVM Inc. of trade secret theft and a former employee now at DeviceVM for breach of contract. The suit claims that former emp... More >

October 21, 2009

AT&T Accuses LCD Manufacturers of Price Fixing

AT&T has sued Samsung Electronics and six other LCD manufacturers for allegedly fixing prices for  panels sold in the United States, reports Bloomberg . The company claims that the manufacturer... More >

Yahoo Profit Triples in Third Quarter

Yahoo's third quarter profits tripled , beating Wall Street's expectations, according to a Reuters story in eWEEK.   The company attributes its success in part to diligent cost-cutting efforts... More >

October 20, 2009

Apple Store Down -- New Hardware Coming?

When Apple took its Apple Store down for maintenance , it led some to believe that new Apple hardware was on its way, according to PC Magazine . The site was down since Tuesday , notes The Regist... More >

NYSE Tech Center Planned in Belfast

The parent company of the New York Stock Exchange plans a software- and product-development center in Belfast expected to produce 400 jobs there, according to an Associated Press story on Silicon... More >

Iconix to Pay $250,000 Penalty for Violating Children's Privacy Law

ITWorld reports that Iconix has settled charges by the Federal Trade Commission that it violated a law prohibiting companies from collecting and using children's personal information without paren... More >

Customers Persuade Citrix to Alter Licensing Terms

Based on customer feedback, Citrix has changed the licensing options for its upcoming desktop virtualization platform XenDesktop 4, reports ZDNet UK .   Customers said per-user licensing woul... More >

SCO Fires CEO

Though struggling through bankruptcy and a Unix copyright trial involving Novell, SCO has fired its president and CEO, reports Computerworld . In a filing with the SEC, the Unix software vendo... More >

Apple Touts Record Quarter

Apple profits soared in the fourth quarter. Apple said profits rose 47 percent to $1.67 billion. Revenue in the quarter was $9.87 billion compared with $7.9 billion a year ago. The company smashed W... More >

October 19, 2009

Arizona Gets First Microsoft Retail Store

Microsoft has confirmed its first retail store will open Thursday in Scottsdale, Ariz., to coincide with the release of its Windows 7 operating system, reports electronista .   Actually, that... More >

Expect SharePoint Server 2010, Office 2010 Betas in November

TechFlash points to this Microsoft blog in which CEO Steve Ballmer says that the SharePoint business is "absolutely on fire."   Ballmer announced Monday that public betas of both Microsoft Sh... More >

Gartner: Delayed Replacements Mean More Equipment Failure

Expect more equipment failures, Peter Sondergaard, Gartner's global head of research, told those attending the Symposium/ITxpo 2009 conference.   He said replacement of 3 million servers worldwi... More >

North Carolina Couple Accused of Defrauding Cisco of $23 Million

According to ChannelWeb , the FBI has charged a North Carolina couple with stealing more than $23 million from Cisco through fraudulent claims to the company's parts replacement service.   Ma... More >

IBM Offers Financing Lures

IBM is expanding its financing lures for businesses to help stimulate spending through the end of the year, reports Channel Web.   The "Smart Financing Toolkit" announced Monday allows buyers ... More >

U.S. ITC Rules in Nokia's Favor in Patent Dispute

The U.S. International Trade Commission has concluded  that Nokia hasn't infringed on patents belonging to InterDigital, reports Computerworld . Nokia says the commission has also withdrawn the po... More >

Sprint Nextel to Acquire iPCS

Sprint Nextel has agreed to buy affiliate iPCS for about $831 million in a deal that will end litigation between the two companies, according to The Kansas City Star .   The deal involves $42... More >

Tata Consultancy Posts Rosy Quarter

Tata Consultancy Services has reported a 29 increase in profit during its most recent quarter, based on an improved business environment and cost-control measures, reports The Wall Street Journal .... More >

October 16, 2009

IBM Exec Faces Insider Trading Charges

An IBM VP faces charges of insider trading after an FBI-led investigation including wiretapping. Five other executives at a variety of companies are also charged, including one Intel exec and a dir... More >

Dell to Outsource Work from N.C. Plant

Dell plans to outsource the work from the manufacturing plant it's closing in North Carolina to other countries, reports the Austin Business Journal .   The story quotes documents filed with t... More >

Google Reports a Glowing Quarter

There's been a rash of stories bearing the words, "In the latest sign that the global economy may be on the mend ..." -- or something similar -- in this quarterly earnings report season. But Google's... More >

AMD Continues to Stanch Bleeding

Investors are so fickle! Cut your losses like AMD did in the third quarter and they're still not happy.   The chipmaker reported a loss of $128 million , or 18 cents a share, compared with a lo... More >

IBM Profit Up, Sales Down

IBM posted third-quarter results that met Wall Street expectations and raised its forecast for the remainder of the year, but investors weren't impressed and its stock price fell by 5 percent in aft... More >

Sony Ericsson Posts Loss

Sony Ericsson reported a fifth consecutive quarterly loss , but said the market is improving and it has arranged external credit of 455 million euros (US$679 million), largely through its parent com... More >

Judge: Verizon Need Not Pay 'Performance' License for Ringtones

A district judge has ruled that Verizon Wireless doesn't have to pay separate performance rights fees for ringtones, reports The Wall Street Journal . The decision is a setback for the American So... More >

October 15, 2009

Kronos Buys Work Force Management Vendor Stromberg

Massachusetts-based Kronos , which makes work force management software and services, has acquired time and attendance software vendor Stromberg for an undisclosed amount, reports The Boston Globe .... More >

Intel Continues AMD Antitrust Battle in U.S.

According to V3.co.uk , Intel is taking its antitrust case against AMD to the U.S . The chip maker has already lost the case in Europe.   Intel is angry that AMD failed to retain documents in ... More >

Amazon Kicks off Same-Day Delivery

Amazon has announced it is offering same-day delivery on weekdays in seven cities: New York, Philadelphia, Boston, Baltimore, Las Vegas, Seattle and Washington D.C., reports TechFlash .   The ... More >

Acer Tops Dell to Become No. 2 PC Vendor

Acer has overtaken Dell as the No. 2 global PC vendor after Hewlett-Packard, reports Bloomberg.   According to figures from IDC and Gartner, Dell was the only top-five PC maker whose shipments... More >

SMS Tweets Coming to India

Twitter is partnering with India's largest mobile services provider, Bharti Airtel, to provide tweets by SMS , the only Web connection many people in the developing world have, reports Venture Beat... More >

Nokia Dives into the Red

Nokia reported total net loss of 559 million euros ($834 million) in its latest quarter , compared with a profit of 1.09 billion euros ($1.6 billion) a year ago, according to Bloomberg . It took a... More >

October 14, 2009

Nortel Ex-CEO Submits $12 Million Claim

As Nortel is sold off bit by bit, former CEO Mike Zafirovski has filed a claim that the Canadian company owes him more than US$12 million in pension, bonus and severance payments, reports Fierce T... More >

Acquisition to Boost Perot Systems in China

Though Perot Systems is in the midst of a buyout by Dell , it's also in the midst of acquiring BearingPoint China Consulting , reports InformationWeek . Financial details were not disclosed.  ... More >

Market Giddy with Intel's Third Quarter

Providing further evidence that not-so-far down is the new up, Intel reported a 7.8 percent slide in third-quarter profits, but the market was jubilant.   Intel reported net income fell to $1.8... More >

October 13, 2009

Miami Company Says It's Laying Cable to Cuba

Miami-based TeleCuba Communications says the U.S. government has OK'd its plan to lay fiber-optic cable between Key West and Havana , reports The Miami Herald .   The 110-mile cable, which wil... More >

VC Investment Rises in Third Quarter

U.S. venture capital firms invested nearly $6.1 billion in the third quarter, a 14 percent increase from the $5.2 billion invested in Q2, according to a report from ChubbyBrain . VC firms closed 680... More >

Vivu Nabs $3 Million in Series A Funding Round

Vivu Inc., announced it received $3 million in Series A funding for its virtual video Webcast and collaboration platform. Vivu plans to use the infusion of cash to bring its flagship service to marke... More >

Facebook Blames Outage on 'Single Database'

For nearly a week and a half now, some Facebook users have been unable to access their accounts , reports CNET News . Facebook will only say that the incident stemmed from "a technical issue with a... More >

Rocket Software Sells $92 Million in Stock

According to The Boston Globe , documents filed with the Securities and Exchange Commission show that Rocket Software Inc. has sold nearly $92 million in stock . There is no official word on who pu... More >

Google Leads New Wave of Internet Superpowers

New research from Arbor Networks found that Google is the largest source of Internet traffic, accounting for 6 percent of Internet traffic globally. Google's position is part of a extraordinary under... More >

Cisco to Buy Starent Networks for $2.9 Billion

According to The New York Times , Cisco has agreed to pay $2.9 billion to buy Starent Networks , which makes products that help wireless telecommunications companies send large amounts of data to p... More >

October 12, 2009

YouTube: Over a Billion Views a Day

Three years after Google acquired YouTube , the video-sharing site now gets more than 1 billion hits per day, AfterDawn.com reports. YouTube is in talks with UK broadcaster Channel 4. The deal wou... More >

Arthur Levinson Steps down from Google's Board

Arthur Levinson, a director at both Apple and Google, has stepped down from Google's board as competition between the two companies continues to grow, reports Bloomberg . The departure of Levinson f... More >

Initiative Formed to Promote Cloud Storage Market

The Storage Networking Industry Association announced the formation of the Cloud Storage Initiative to foster growth and success for both the commercial and consumer cloud storage market. The initiat... More >

Motorola Ditches LiMo for Android

While the Motorola Cliq 's release is a little more than a month away, Motorola is clearly staking its future with Google's Android operating system. The company already decided to drop Windows Mob... More >

Facebook at Close to 60 Percent of Social-Networking Market

In September, Facebook attracted 58.6 percent of all U.S. visits to social-networking sites, reports GigaOM .   That's based on traffic analysis by HitWise of 10 million U.S. Web users across... More >

October 9, 2009

Facebook Faces Patent Infringement Suit

Facebook is facing a lawsuit by Phoenix Media/Communications for allegedly violating a patent related to setting up online personal profile pages, reports The Boston Globe . Phoenix Media claims th... More >

North Carolina Demands Dell Repay Incentives for Closing Plant

Government officials in North Carolina want Dell to repay the incentives the state offered for the company to build its plant in the state, reports eWEEK .   Dell opened the plant in Winston-... More >

Infosys Reports 7.7 Percent Profit

Infosys Technologies, India’s second-largest software exporter, reported an increase of 7.7 percent in second-quarter profit , beating analyst expectations, reports Bloomberg .   Net income ro... More >

Nvidia Halts Intel Chipset Development

Due to its ongoing licensing litigation with Intel , Nvidia will cease developing chipsets for Intel CPUs. Nvidia's Intel chipset ban is expected to last until the matter is settled in court, report... More >

October 8, 2009

IBM Lands Two Indian Outsourcing Contracts

IBM has landed two multiyear outsourcing contracts with Indian companies.   Under a $200 million, three-year deal, it will provide infrastructure and business solutions to Datacom Solutions as... More >

Twitter in Talks with Microsoft, Google on Data Mining?

Kara Swisher at All Things Digital reports that Twitter is talking separately to Microsoft and Google about tie-ups that would allow data mining by their search engines .   Twitter, which rec... More >

Dell to Lay off 905 in NC Plant Closing

Dell is saying so long to its PC facility in Winston-Salem, NC, and letting go 905 employees in the process. The plant will officially be shuttered in January, but Dell plans to release the first 600... More >

Court Rules in Favor of Skype, eBay in Patent Case

A federal appeals court has ruled that eBay and Skype have not infringed on two of Peer Communication's peer-to-peer patents, reports Computerworld . Originally filed in 2006, the case deals with ... More >

October 7, 2009

U.S. Chamber Strikes Back at Apple

The U.S. Chamber of Commerce isn't taking Apple's resignation quietly. Apple announced it was quitting the organization because it disagrees with the chamber's policy on climate change.   The ... More >

Viacom Lawyers: YouTube Managers Aware of Copyright Violations

Lawyers working for Viacom's $1 billion copyright lawsuit against YouTube say they have found evidence that managers of the video-sharing site not only knew of unauthorized content on their site, but... More >

Adobe Gets OK to Buy Omniture

The Federal Trade Commission has given its OK for Adobe Systems' deal to buy Web analytics firm Omniture, reports Reuters . Adobe first announced its bid to buy Omniture in September . Adobe is h... More >

Compuware to Buy Gomez

According to a TechCrunch article in The Washington Post, Compuware is purchasing Web app experience management solution provider Gomez for $295 million in cash . Following government approvals, t... More >

October 6, 2009

Apple Resigns from U.S. Chamber over Climate Policy

Apple has become the latest defector -- and the first tech company to do so -- from the U.S. Chamber of Commerce over its opposition to the Environmental Protection Agency’s decision to regulate gre... More >

Emerson Acquisition to Aid Energy Efficiency?

Emerson Electric, which makes power and cooling systems for data centers, plans to acquire Avocent Corp. , which makes network-management software, reports Bloomberg . The sale price is $1.2 billio... More >

Athenahealth to Acquire Anodyne Health Partners

Watertown, Mass-based Athenahealth is buying out software maker Anodyne Health Partners of Alpharetta, Ga., for $22.3 million in cash, reports ModernHealthcare.com.   Athenahealth provides We... More >

Psystar Looking to License Mac Clones

According to InformationWeek , Psystar is looking to license its controversial Mac cloning technology to third parties.   Says Psystar: In an effort to spread the Snow Leopard experience to a... More >

Eolas Sues Tech Giants for Patent Infringement

University of California tech spinoff Eolas has filed a patent-infringement suit against a virtual Who's Who of the tech industry's biggest players, including Adobe, Yahoo, Google and Amazon, repor... More >

Verizon Spearheads 4G Venture Forum

To ensure that its Long-Term Evolution business hits the ground running, Verizon has launched the 4G Venture Forum, which will test and develop devices and applications on a functional LTE network. &... More >

October 5, 2009

Ciena Bidding for Nortel's Ethernet Assets

Ciena Corp., which makes fiber-optic gear for telephone carriers, said it is in advanced talks to buy virtually all of Nortel's optical networking and Ethernet assets , reports Bloomberg .   A... More >

Salesforce.com, Cisco Team up on Cloud-Based Call Center Tech

Salesforce.com and Cisco are teaming up to offer cloud-based call center technology to small and midsize businesses, reports PC World .   The Customer Interaction Cloud, designed for companie... More >

CDC Software Acquires BI Company

Hong Kong-based CDC Software has announced that it is buying a venture-backed business intelligence provider for manufacturing , though it did not disclose the name of the company to be acquired, no... More >

Goldman Sachs High on IT's Prospects

Goldman Sachs has raised its estimates on 18 IT hardware companies' stock including Dell, Apple, IBM and Seagate, saying these companies have moved “beyond stabilization” in their business to the pr... More >

Brocade Puts Itself up for Sale?

Network equipment maker Brocade has quietly put itself up for sale and Hewlett-Packard and Oracle are among the potential buyers, reports Bloomberg , citing a story in The Wall Street Journal that... More >

Apple Challenges Woolworths Over Logo

Apple has challenged Woolworths over the Australian supermarket and retail chain's corporate logo, arguing that is stikingly similar to its own. Apple is demanding that Australian regulators issue a ... More >

October 2, 2009

Apple Mapping Acquisition Reported

According to electronista , Apple bought mapping service Placebase in July, keeping the acquisition quiet until now. Its version of how word leaked out differs from that on CNET News .   Any... More >

Accenture Struggles in its Fourth Quarter

Consulting and outsourcing firm Accenture has reported a 41 percent drop in fourth-quarter profit and backpedaled on its outlook for its upcoming fiscal year, reports BusinessWeek .   It repo... More >

ACS Shareholders File Suit Against Xerox Buyout

The first shareholder lawsuit protesting the planned Xerox buyout of Affiliated Computer Services was filed within 48 hours of the announcement, reports The New York Times . It expects there to be... More >

MySQL Making Gains in Emerging Markets

Microsoft's SQL Server is the most-used database in emerging markets , but the the open source database MySQL is gaining popularity, reports eWEEK .   In an Evans Data survey of more than 400 d... More >

Chip Sales Grow in August

In a report with enough numbers to make your head hurt on a Friday afternoon, the Semiconductor Industry Association reports chips sales are down, but they're also up.   The August numbers were ... More >

Microsoft Shows off Two New Data Centers

Microsoft officially showed off its data centers in Chicago and Dublin, Ireland, to the media this week, though they were due to be switched on in July , reports Channel Web .   The containe... More >

IBM Launches E-Mail Service

IBM has quietly launched a hosted e-mail service based on its LotusLive collaboration software, reports VentureBeat .   It touts the iNotes service as the "best of both worlds"  -- hosted and ... More >

Bing Slips in September

Microsoft's search engine Bing has been steadily gaining market share since its June launch, but September figures from online metrics firm StatCounter show its first decline , reports TopNews . ... More >

October 1, 2009

Next Nortel Auction: GSM Assets

Nortel has announced plans to auction off its global GSM business , the latest sale of assets by the bankrupt telecommunications gear maker, reports Reuters .   It is setting up with U.S. and ... More >

Cisco Acquires Norway's Tandberg

Cisco has agreed to buy Norwegian video conferencing company Tandberg for $2.97 billion in cash, reports The Wall Street Journal .   Cisco will pay 153.50 kroner a share, an 11 percent premium... More >