British Sky Broadcasting Q3 profit rises on back of forced sale of ITV shares

Sale of ITV shares boosts BSkyB Q3 profit
LONDON – British Sky Broadcasting Group PLC on Thursday reported a third quarter profit of 286 million pounds ($434 million) with a boost from the forced sale of most of its stake in rival ITV PLC.

Earnings were helped by a profit of 115 million pounds as the company …. Source  : Gaea News Network.

Top 10 Enterprise Risk for Cloud Computing

Cloud Computing represents one of the most significant turn in information technology. Customers are both excited and nervous at the prospects of Cloud Computing. They are excited for the opportunities that they will be able to reduce capital costs. They are excited for a chance to outsource their infrastructure management, and focus on core … Original article on : Top 10 Enterprise Risk for Cloud Computing.

HP Palm Deal In Progress

CALIFORNIA (GaeaTimes.com)- In a recent development loss making Smartphone maker Palm Inc has been acquired by California based Computer Giant HP in a deal worth $1.2 billion. The industry experts feel that the deal is well timed and it will give it a chance to strengthen its position in the Smartphone market which is …. Source  : Gaea News Network.

Chinese Internet search engine Baidu’s 1st-quarter profit up 165 percent, beating forecasts

Search engine Baidu’s Q1 profit jumps 165 percent
BEIJING – Baidu Inc., which operates China’s most popular Internet search engine, said Thursday its first-quarter profit jumped 165 percent on a rise in revenue and numbers of advertising customers.
Net income in the three months to March 31 rose to $70.4 million, or $2.02 a share, … Read more : Chinese Internet search engine Baidu’s 1st-quarter profit up 165 percent, beating forecasts.

Chinese Internet search leader Baidu’s 1st-quarter net income up 165 percent, beating Street

Baidu 1Q jumps 165 percent, topping forecasts
NEW YORK – China’s Internet search leader Baidu Inc. said Wednesday that its first-quarter net income jumped 165 percent as revenues and advertising customers grew.
The company also announced a 10-for-1 split for its American depositary shares that will be reflected in share prices as of May 12. …. Original article on Gaea Times at  : Chinese Internet search leader Baidu’s 1st-quarter net income up 165 percent, beating Street.

Hewlett-Packard to be Palm’s new pilot; grabs struggling company for about $1.4B in cash

HP is Palm’s Silicon Valley savior in $1.4B deal
SAN FRANCISCO – Palm Inc. a pioneer in the smart phone business that couldn’t quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard Co. for about $1.4 billion in cash.
The two Silicon Valley companies announced Wednesday that the deal will … Original source on Gaea Times at : Hewlett-Packard to be Palm’s new pilot; grabs struggling company for about $1.4B in cash.

Comcast CEO Brian Roberts talks about prospects for 3D-TV and potential for cable companies

On the Call: Comcast CEO Brian Roberts
The next big trend in television could be 3-D at home. Comcast Corp.’s CEO, Brian Roberts, weighed in during a conference call Wednesday on whether consumers will be eager to buy the technology and what that would mean for cable companies.

QUESTION: There’s been a lot of excitement around 3-D, … Read more >>>.

Microsoft to add more social-networking tools to next version of Windows Live Messenger

Microsoft to upgrade Windows Live Messenger
SEATTLE – Microsoft Corp.’s next update to Windows Live Messenger will bring people more ways to keep an eye on their social network accounts.
After various fizzled attempts to build Windows Live into a social network in its own right, Microsoft has moved farther away from competing directly with …. Source article  : Microsoft to add more social-networking tools to next version of Windows Live Messenger.

Hewlett-Packard grabs struggling Palm for about $1 billion in cash

HP to be Palm’s Silicon Valley savior in $1B deal
SAN FRANCISCO – Palm Inc. a pioneer in the smart phone business that couldn’t quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard Co. for about $1 billion in cash.
The two Silicon … Read this article on Gaea Times at : Hewlett-Packard grabs struggling Palm for about $1 billion in cash.

Earnings Preview: Eyes on smart phones as Motorola reports first-quart results

Earnings Preview: Motorola to report Q1 results
NEW YORK – Motorola Inc. reports its first-quarter results before the stock market opens Thursday.
WHAT TO WATCH FOR: Motorola is trying to turnaround its troubled cell phone business by focusing on smart phones that run Google Inc.’s Android software. The first of those phones, the Droid and …. Source article on Gaea Times at  : Earnings Preview: Eyes on smart phones as Motorola reports first-quart results.

HP to acquire Palm for nearly $1 billion in cash

HP to acquire Palm for nearly $1 bln in cash
PALO ALTO, Calif. – Computer maker Hewlett-Packard Co. has agreed to acquire struggling smart phone maker Palm Inc. for nearly $1 billion in cash.
The companies announced Wednesday they had agreed to the deal, which will see HP pay $5.70 for every Palm common share. …. Original article  : HP to acquire Palm for nearly $1 billion in cash.

Microsoft strikes licensing deal with HTC, which is fighting Apple over iPhone patents

Microsoft reaches licensing deal on HTC phones
SEATTLE – Microsoft Corp. says it has patents covering phones that use Google Inc.’s Android software – but unlike Apple Inc., Microsoft has reached a licensing deal rather than suing over the software.
Microsoft said Wednesday that it has reached an agreement that will give HTC Corp., a …. Original article on Gaea Times at  : Microsoft strikes licensing deal with HTC, which is fighting Apple over iPhone patents.

Cloud Computing: Top 10 Benefits of Private Cloud Over Public Cloud

Private cloud (also called internal cloud or corporate cloud) is computing architecture that provides hosted services to a specific group of people behind a firewall. A private cloud has leverages in terms of virtualization, automation, and distributed computing to provide on-demand computing capacity to internal users.The following list shows top ten … Read more : Cloud Computing: Top 10 Benefits of Private Cloud Over Public Cloud.

Top 10 Shared Web Hosting Providers

Shared web hosting has been increasingly used by small and medium enterprises to establish their online presence at minimal budget. Shared hosting is economical, easy to manage and configure. Most of the small businesses, especially the start ups would never like to invest money on expensive dedicated server. This is the reason why, shared … Read the original article on Gaea Times at : Top 10 Shared Web Hosting Providers.

Serbia seeks US help identifying who made Facebook threat against its president

Serbia seeks US help over Facebook threat
BELGRADE, Serbia – Serbia has asked the U.S. Justice Department for help identifying those who posted a death threat against its pro-Western president on Facebook.
A previously unknown group posted the threat against President Boris Tadic on the social networking site saying, “Tadic, a bulletproof Mercedes won’t help …. Source  : Serbia seeks US help identifying who made Facebook threat against its president.

Microsoft takes sides with HTC in fight with Apple over iPhone patents

Microsoft sides with HTC in fight with Apple
REDMOND, Wash. – Microsoft Corp. appears to be taking sides with the Taiwanese cell phone maker HTC Corp. in its legal tussle with Apple Inc. over intellectual property.
Microsoft said Wednesday that it has reached an agreement that will give HTC the rights to use its technology [..] Read the original article: here.

AOL 1Q profit plunges 58 percent with advertising and subscription revenue falling sharply

AOL 1Q profit slumps as ads, subscriptions wane
NEW YORK – Very little went right for AOL Inc. in the first quarter as it cut way back on staff and tried to refocus its business. The Internet company said Wednesday that tumbling online advertising revenue, along with restructuring costs, led to a 58 percent …. Source  : Gaea News Network.

Corning 1Q profit jumps to $816 million on high demand for LCD-TV glass; beats forecast

Corning earns soar in 1Q on TV glass demand
ROCHESTER, N.Y. – Corning Inc. said Wednesday its profit soared to $816 million in the first quarter on surging sales of LCD glass for flat-panel televisions and computers and highly durable cover glass for cell phones and handheld video devices.
The world’s largest …. Source  : Gaea News Network.

Sprint Nextel narrows subscriber loss in 1st quarter but financial loss widens

Cheaper service helps Sprint cut subscriber loss
NEW YORK – Sprint Nextel Corp. got more customers to stick around in the first quarter but did so by offering cheaper service, and posted a larger loss than a year earlier.
The nation’s third-largest wireless carrier said Wednesday that it lost a net 75,000 subscribers in the … Original article on : Sprint Nextel narrows subscriber loss in 1st quarter but financial loss widens.

IAC 1st-qtr loss narrows as online ad revenue bounces back from last year’s slump

IAC 1Q loss narrows as online ad revenue climbs
SAN FRANCISCO – Internet company IAC/InterActiveCorp said Wednesday that its first-quarter loss narrowed as online advertising bounced back from a slump that persisted throughout most of last year.
For the first three months of the year, the company run by media billionaire Barry Diller …. Source  : IAC 1st-qtr loss narrows as online ad revenue bounces back from last year’s slump.