News

July 23, 2008

Bits: Microsoft Tries to Polish Vista

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Microsoft is said to be starting an expensive campaign to reassure consumers that its Vista operating system isn’t all that bad.

Bits: Facebook Developers Conference

Filed under: News — Admin @ 8:11 pm

Live blogging from Facebook’s annual developer conference in San Francisco.

Strong Quarter for Sales at Amazon

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The online retailer Amazon.com reported that net income for the second quarter more than doubled on strong sales.

If You Have a Problem, Ask Everyone

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Would-be innovators can sign up online to compete for prizes for solving diverse problems from around the world in a variety of disciplines.

Phone Giants Fight to Keep Subscribers

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Telecommunication companies in the U.S. have to juggle the financial effect of customers dropping their landlines, and increased competition between wireless operators.

Yahoo’s Revenue Rises a Bit, but Profit Falls 18%

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Yahoo said that its revenue in the second quarter grew a sluggish 6 percent from the same period a year earlier as profits fell.

Schwab Names Chief to Succeed Founder

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The nation’s largest discount brokerage Charles Schwab said that it had appointed Walter W. Bettinger II as president and chief executive, to succeed its founder.

Vodafone Cuts Revenue Forecast

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Vodafone, the world’s largest cellphone operator, said it was cutting its revenue forecast for the year to around $79.6 billion, the lower end of its previous estimate.

Talk of Chief’s Health Weighs on Apple’s Share Price

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Despite reassurances that he is cancer free four years after he was treated for pancreatic cancer, analysts are worried that Steven P. Jobs might be sick again.

Loss at E*Trade Is Bigger Than Expected

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E*Trade posted a net loss of $94.6 million, or 19 cents a share, in contrast to a profit of $159.1 million, or 37 cents a share, a year earlier.

Lexmark Profit Up Despite Lower Sales

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The company said that its second-quarter net income rose 30 percent from the same period a year earlier while inkjet printer sales fell 49 percent.

Bits: European V.C. Firm Arrives Stateside

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European venture capital firm Wellington Partners has opened a Silicon Valley office to help its investors and entrepreneurs bridge the cultural divide.

As Travel Costs Rise, More Meetings Go Virtual

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As travel costs rise and airlines cut back service, companies large and small are rethinking the face-to-face meeting — and business travel as well.

Yahoo Deal Wards Off Proxy Fight

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Yahoo’s board and management earned a reprieve after a weekend deal ended a bruising and acrimonious fight for control of the company with Carl C. Icahn.

TiVo and Amazon Team Up

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The two companies want to turn the television remote control into a tool for buying the products being advertised and promoted on commercials and talk shows.

After Strong Quarter, Apple Signals Changes in Its Prices

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Apple, the third-largest personal computer maker in the United States, continued to benefit from the significant market share gains of its Macintosh computer line.

Texas Instruments Disappoints and Predicts Weak 3rd Quarter

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The chipmaker posted lower quarterly profit and revenue as growth in analog chips was offset by weakness in its wireless chip business.

Brocade to Buy Network Firm

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Brocade said the deal was more about growth than cost savings, and that it would provide a broader range of networking technologies to support increasing Web traffic.

Chris Barnes’s iPhone 3G Availability Tracker

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Uses Apple’s JSON data feed, updated live throughout the day.

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Markoff on Jobs

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John Markoff reporting for The New York Times:

But in recent weeks, Mr. Jobs has reassured several people that he
is doing well and that four years after a successful operation to
treat a rare form of pancreatic cancer, he is cancer free.

People who are close to Mr. Jobs say that he had a surgical
procedure this year to address a problem that was contributing to
a loss of weight. These people declined to be identified because
Mr. Jobs had not authorized them to speak about his health.

And that’s the end of that, thankfully.

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