Chinese Internet portal Sina misses estimates with adjusted profit, which excludes gain

Sina misses analyst estimates with adjusted profit

NEW YORK – Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Earnings surged to $372.1 million, or $6.03 per share, from $25.2 million, or 42 cents per share, in the year-ago quarter. The recent results include a one-time gain of $376.6 million … Original article on : Chinese Internet portal Sina misses estimates with adjusted profit, which excludes gain.

Nortel gets bankruptcy court approval to sell division to Genband

Nortel gets approval to sell division to Genband

SAN FRANCISCO – Nortel Networks Corp. has been cleared to sell nearly all of its Carrier Voice over Internet Protocol (VoIP) and Application Solutions business globally to Genband Inc. for $282 million.
Nortel, based in Toronto, and Genband, based in Plano, Texas, said Wednesday that the deal has been …. Original article  : Nortel gets bankruptcy court approval to sell division to Genband.

Hulu might have to charge fees, but paid videos come with own problems

Charging fees for Hulu comes with its own problems
Hulu’s days as a free online video site could be ending soon.
Comedy Central’s decision to yank two of the most popular shows on Hulu – “The Daily Show” and “The Colbert Report” – in a dispute over splitting ad revenue is the latest blow … Read more : Hulu might have to charge fees, but paid videos come with own problems.

Drivers tell government that Toyota’s sudden acceleration fixes didn’t solve the problem

Drivers complain that Toyota’s fixes didn’t work
DETROIT – At least 15 Toyota drivers have complained to U.S. safety officials that their cars sped up by themselves even after being fixed under recalls for sticky gas pedals or floor mat problems, according to an Associated Press analysis.
The development raises questions about whether …. Read the original article  : Drivers tell government that Toyota’s sudden acceleration fixes didn’t solve the problem.

RealNetworks settles suit with movie studios, will not sell DVD copying technology

RealNetworks will stop selling DVD copying product
SAN FRANCISCO – RealNetworks Inc. said Wednesday that it will stop selling technology that lets consumers copy DVDs to their computer hard drives, settling a handful of lawsuits filed against the company by Hollywood’s six major movie studios.
Under the settlement terms, RealNetworks is barred from selling …. Source article on Gaea Times at  : RealNetworks settles suit with movie studios, will not sell DVD copying technology.

Facebook, Omniture expand partnership to help businesses with advertising on the social site

Facebook, Omniture expand marketing partnership
NEW YORK – Facebook and Omniture, the Web analytics software maker, said Wednesday they are working together to help companies use the world’s largest social network as a marketing channel.
Using Omniture’s products, companies will be able to measure how effective their ads are on Facebook. They will also …. Read the original article  : Facebook, Omniture expand partnership to help businesses with advertising on the social site.

Standard & Poor’s cuts outlook on Palm to ‘negative’ following disappointing revenue guidance

S&P cuts outlook on Palm on revenue shortfall

NEW YORK – Standard & Poor’s Ratings Services on Wednesday cut the corporate credit rating outlook on handset maker Palm Inc. to “negative” from “positive” on Wednesday, after the company said weak smart phone sales hurt revenue projections.
S&P also affirmed its “CCC+” corporate credit rating, which is seven … Read more »».

VisionChina shares sink after 1st-qtr revenue forecast falls short of analyst expectations

VisionChina sinks after 1Q forecast misses Street

SAN FRANCISCO – Shares of Beijing-based VisionChina Media Inc. sank Wednesday after the company, which operates digital advertising screens on mass transportation systems in China, forecast first-quarter revenue below Wall Street expectations.
VisionChina’s American Depositary Shares fell $3.11, or 37.9 percent, to $5.09. In the past year, the stock has … Read more : VisionChina shares sink after 1st-qtr revenue forecast falls short of analyst expectations.

Brazil rebuffs Clinton, saying it will make its own choices on new Iran penalties

Brazil rebuffs US, says it will go own way on Iran

BRASILIA, Brazil – Brazil vowed Wednesday not to “bow down” to gathering international pressure to impose new economic penalties on Iran over its nuclear program if further negotiations might be fruitful.
With visiting U.S. Secretary of State Hillary Rodham Clinton standing beside him, Brazil’s foreign minister … Read more : Brazil rebuffs Clinton, saying it will make its own choices on new Iran penalties.

Akamai Technologies shares climb after Merriman upgrade; analyst sees competition abating

Akamai climbs; analyst sees competition abating

NEW YORK – Shares of Akamai Technologies Inc. climbed Wednesday after Merriman Curhan Ford upgraded the company, citing growing Web traffic, an improving economy and a diminished threat from rivals.
The stock added 72 cents, or 2.6 percent, to $28.17 in afternoon trading. The stock earlier traded at $28.57, eclipsing a …. Read the original article  : here.

Netflix shares slip as investors pull back from rally; Susquehanna, Kaufman downgrade stock

Netflix slips as investors pull back from rally

NEW YORK – Shares of Netflix Inc. slipped Wednesday, with investors pulling back after a surge in the stock’s price over the past month.
Shares fell $1.60, or 2.3 percent, to $67.38 in morning trading.
“At the current levels, we believe many of the positive attributes of the (Netflix) story … Read this article on Gaea Times at : Netflix shares slip as investors pull back from rally; Susquehanna, Kaufman downgrade stock.

Israel calls off West Bank raid after soldier discloses details on Facebook

Israeli raid called off after Facebook slip
JERUSALEM – Israel’s military has “unfriended” one of its own – after a combat soldier potentially updated Israel’s enemies on Facebook.
The military said Wednesday that a planned raid on a West Bank village was called off after the soldier disclosed its details online. The military said …. Original source  : Israel calls off West Bank raid after soldier discloses details on Facebook.

Brazil rebuffs Clinton appeal for support of new Iran sanctions over nuclear program

Brazil cool to Clinton on new Iran sanctions

BRASILIA, Brazil – Brazil on Wednesday renewed opposition to fresh sanctions on Iran over its nuclear program, rebuffing visiting U.S. Secretary of State Hillary Rodham Clinton even before she could make the case for new penalties.
Speaking before meeting with Clinton, Brazilian President Luiz Inacio Lula da Silva said …. Source article  : Brazil rebuffs Clinton appeal for support of new Iran sanctions over nuclear program.

BSNL Launches 24 MBPS Broadband Service in India

???? As per the latest report by Hindu, the Govt owned telecom service provider BSNL announced the launch of Broadband Internet service and the speed may reach upto 16 MBPS??and 24 MBPS by using High Speed Digital Subscriber Loop (VDSL) technology. The monthly rental cost for 16 MBPS line is Rs 4999??and that of 24 …. Source  : Gaea News Network.

FCC to Propose $25 billion to Boost Internet Access in USA

??As per the recent report by Wall Street Journal, Federal Communication Commission is going to propose $25 billion for Federal spending in order to improve the internet access for Americans. FCC is supposed to release its broadband plan by the end of the month which will bring fast internet access to 90 million Americans.

The plan … Read this article on Gaea Times at : FCC to Propose $25 billion to Boost Internet Access in USA.

10 Reasons Not to Adopt Salesforce.com for Customer Relationship Management

After having done with the brighter side of Salesforce.com, we decided to delve into the darker side of the CRM service. Salesforce.com is a pioneer in successfully selling the idea of hosting software and delivering it as a service via the Internet on any different scale. While it is the leading on-demand CRM software, there … Read : 10 Reasons Not to Adopt Salesforce.com for Customer Relationship Management.

Nissan Motors Recalls Cars

TOKYO, (GaeaTimes.com)- Nissan Motors the third biggest Japanese car making company has announced today that it will recall 540,000 cars from North America. The company has announced that the recall is being carried out due to some fault in the concerned car model’s brake pedal pins, and also in the fuel gauging system.
According to …. Original article on Gaea Times at  : Nissan Motors Recalls Cars.

Kwedit: Easy Virtual Payment

NEW YORK (GaeaTimes.com) Forget the roll back that the economy has been suffering all throughout this quarter. This is the time when you might have to sit back and count how much cash you might have stashed into your pockets. The real time factors are pulling in low now. The only retort left is to …. Read the original article  : here.

Review: ‘Battlefield: Bad Company 2??? is a blast for video-game combat vets

Review: ‘Battlefield: Bad Company 2′ is a blast
For the last few years, Activision’s “Call of Duty” series has dominated video-game warfare. The latest chapter, “Modern Warfare 2,” was the best-selling game of 2009, and it still leads the list of Xbox Live’s most-played titles, joined in the top five by two earlier “CoD” … Read the original article on Gaea Times at : Review: ‘Battlefield: Bad Company 2′ is a blast for video-game combat vets.

Private online stock exchange SharesPost launches valuation index for hot startups

Dow industrials for startups? Pre-IPO index opens
SAN FRANCISCO – Because startups aren’t required to report regular financial results the way publicly traded companies are, it can be hard for outsiders to get a sense of what hot ones like Facebook and Twitter are really worth.
Now, a private online stock exchange, SharesPost, hopes to …. Original article  : Private online stock exchange SharesPost launches valuation index for hot startups.