Toyota Prius On Way To Recovery

SAN FRANCISCO (GaeaTimes.com)- The series of recalls that landed Toyota motors into deep trouble had tarnished its image to a great extent. It dreamt big with its Prius hybrids but that dream has turned sour after the company had to recall millions of Prius models. The hybrid models including Prius were aimed at …. Original source  : Toyota Prius On Way To Recovery.

Toyota Prius India 2010 Price and Features

NEW DELHI, INDIA (GaeaTimes.com) — In Delhi Auto Expo 2010 Toyoto has launched Hybrid Car Prius for India. Toyota Prius will be the latest eco-friendly car that will run on Indian roads. Being a hybrid car, Toyota Prius will be much more fuel efficient vehicles than others which run on conventional fuel (petrol/ diesel). … Original source on Gaea Times at : Toyota Prius India 2010 Price and Features.

Nintendo to beef up piracy measures in 3-D machine, otherwise mum on details

Nintendo to beef up piracy measures in 3-D machine

TOKYO – Nintendo’s president said Friday that anti-piracy measures will be beefed up in its planned handheld game device with 3-D technology in a move to guard against software theft.
Nintendo Co. President Satoru Iwata was otherwise tightlipped about the machine, which the Japanese game-maker said in March … Read this article on Gaea Times at : Nintendo to beef up piracy measures in 3-D machine, otherwise mum on details.

Ill. telecom overhaul bill would offer low-cost basic service options, but questions linger

Questions linger over Ill. telecom overhaul bill

SPRINGFIELD, Ill. – This much is certain: For Illinois consumers who want basic land-line telephone service, a proposed overhaul of the state’s 1985 telecommunications law provides low-cost options.
But what else the modernization plan would do is murky.
Supporters say the overhaul – which would lift regulations from companies that provide … Read more : Ill. telecom overhaul bill would offer low-cost basic service options, but questions linger.

EBay putting $10M toward joint venture to grow Gmarket presence in Japan, Singapore

EBay in joint venture to grow Gmarket in Asia

SAN FRANCISCO – EBay Inc. and the founder of Gmarket, a South Korean online marketplace that eBay bought last year, said Thursday that they are forming a joint venture to expand Gmarket’s footprint in Japan and Singapore.
Under the agreement, eBay and Gmarket’s founder, Young Bae Ku, will …. Original source  : EBay putting $10M toward joint venture to grow Gmarket presence in Japan, Singapore.

Leap Wireless’ loss widens in 1st quarter as expenses more than offset revenue growth

Leap Wireless 1st-quarter loss widens on expenses

SAN DIEGO – Leap Wireless International Inc., a provider of low-cost, prepaid wireless service, said Thursday that its first-quarter loss widened as higher operating expenses and an increased interest expense more than offset service revenue growth.
For the quarter ended March 31, Leap reported a loss of $68 million, or …. Original article  : Leap Wireless’ loss widens in 1st quarter as expenses more than offset revenue growth.

Key facts from selected cable and satellite TV industry earnings reports

A look at cable, satellite TV earnings for 1Q

Here is a summary of earnings reports for selected cable and satellite TV companies and what they reveal about the industry’s prospects:
April 28: Comcast Corp. reported losing net 82,000 basic cable TV subscribers in first quarter. Comcast had stronger growth with high-speed Internet customers, but growth in … Read this article on Gaea Times at : Key facts from selected cable and satellite TV industry earnings reports.

Telecommunications stocks fall as much as 7 percent amid broader market plunge Thursday

Sector Wrap: Telecommunications stocks
SAN FRANCISCO – Shares of telecommunication stocks fell as much 7 percent Thursday as the broader market nosedived.

The Standard & Poor’s telecommunication index fell as low as 98.51 in trading Thursday before recovering to close at 103.34.
In one of the most turbulent half-hours in stock market history, the Dow Jones industrial average [..] Read the original article: here.

IT stocks fall with broader market on concerns about Greece’s debt woes, reported tech glitch

IT stocks fall as market nosedives
SAN FRANCISCO – Shares of information technology stocks fell as much 10.6 percent Thursday as the broader market plunged.
The Standard & Poor’s information technology index fell as low as 335.45 in trading Thursday before recovering to close at 362.78.
In one of the most dizzying half-hours in stock market … Read more »»».

Warner Music Group posts smaller 2Q loss as cost cutting offsets revenue decline

Warner Music Group posts smaller 2Q loss
NEW YORK – Cost-cutting efforts helped Warner Music Group Corp. narrow its fiscal second-quarter loss as the recording industry continues to struggle to make the transition to selling music over the Internet.
The company said Thursday that broader economic weakness is still weighing on consumers. Revenue from online … Read more : Warner Music Group posts smaller 2Q loss as cost cutting offsets revenue decline.

Summary Box: FCC seeks compromise on how it regulates broadband; step is key to its agenda

Summary Box: FCC seeks broadband compromise

AT STAKE: A federal appeals court last month questioned the Federal Communications Commission’s legal authority to regulate broadband. That threatened the FCC’s ability to carry out its plans to expand high-speed Internet access in the U.S.
A COMPROMISE: FCC Chairman Julius Genachowski says the FCC can redefine how it regulates broadband …. Original article on Gaea Times at  : Summary Box: FCC seeks compromise on how it regulates broadband; step is key to its agenda.

Verizon says future lies in wireless, service over fiber optic lines for video, data

Verizon touts core service, fiber optics
LITTLE ROCK, Ark. – Adding customers who simply want to talk on the phone is pretty low on Verizon Communications Inc.’s list of ways it plans to grow, and the company’s CEO told shareholders Thursday that the business will be stronger for it.

Verizon is nearing completion of its sale of … Read more : Verizon says future lies in wireless, service over fiber optic lines for video, data.

Summary Box: Cablevision 1Q profit more than triples as cable company signs up new subscribers

Summary Box: Cablevision 1Q net income soars

CASH MACHINE: Cablevision Systems Corp. said first-quarter net income more than tripled to $74.2 million, or 24 cents per share. Revenue rose 5.2 percent to $1.75 billion.
DIVIDEND INCREASE: The company raised its quarterly dividend by 25 percent to 12.5 cents per share.
DISAPPOINTMENT: Its stock tumbled. The earnings fell far …. Source  : Summary Box: Cablevision 1Q profit more than triples as cable company signs up new subscribers.

Computer tech pioneer, financier and philanthropist Max Palevsky dies in Beverly Hills at 85

Computer tech pioneer Max Palevsky dies at 85

BEVERLY HILLS, Calif. – Computer technology pioneer and venture capitalist Max Palevsky, perhaps best-known for funding then-startup chipmaker Intel Corp., has died. He was 85.
Palevsky died of heart failure Wednesday at his Beverly Hills home, his wife Jodie Evans told the Los Angeles Times.
The early high-tech pioneer transformed … Read more »»».

Cablevision 1Q income soars on subscriber growth, advertising pickup; company boosts dividend

Cablevision’s 1Q net income soars; boosts dividend

PHILADELPHIA – Cablevision Systems Corp. said net income for the first quarter more than tripled as the New York-area cable TV company added more customers. The company also boosted its dividend by 25 percent.
But its stock tumbled as the earnings reported Thursday fell far below analysts’ forecasts. Shares of … Read more »».

Federal Communications Commission seeks to salvage broadband plans with ‘narrow’ regulations

FCC says it has compromise on key broadband rules
WASHINGTON – The head of the Federal Communications Commission thinks he has come up with a way to salvage his ambitious national broadband plans without running into legal obstacles that have threatened to derail him.
FCC Chairman Julius Genachowski said Thursday that his agency … Read : Federal Communications Commission seeks to salvage broadband plans with ‘narrow’ regulations.

Shares of security software maker Symantec jump after upbeat 4th-quarter earnings

Symantec shares jump after upbeat 4Q earnings

NEW YORK – Symantec Corp. shares climbed Thursday after the security software maker reported fourth-quarter results above analyst estimates.
The provider of Norton antivirus software saw its stock climb 77 cents, or 4.7 percent, to $17.02 in midday trading. The stock has ranged from $13.97 to $19.16 over the past … Read more : Shares of security software maker Symantec jump after upbeat 4th-quarter earnings.

Nokia CEO: New smart phones planned to catch up with rivals in high-end segment

Nokia plans new devices to catch up with rivals
HELSINKI – Nokia Corp. will launch new smart phones to “help close the gap” with competitors that have overtaken the world’s top cell phone maker in the market for high-end devices, its chief executive said Thursday.
While Nokia still is a global leader in smart phones, …. Read the original article  : Nokia CEO: New smart phones planned to catch up with rivals in high-end segment.

The Streaming Music Spotify to Launch in Netherlands

According to the Dutch news report, the hot streaming music Spotify is supposed to launch their service in Netherlands on May 18 th. Currently, Spotify operate in Britain, France, Spain, Sweden, Norway and Finland. But, as of yet, they do not provide service in US. Currently their CTO is visiting US to look …. Original article  : The Streaming Music Spotify to Launch in Netherlands.

Illinois House approves new telecommunications measure that lifts regulations on land lines

Illinois House approves rewrite of telecom bill

SPRINGFIELD, Ill. – A plan to modernize Illinois telecommunications law and create jobs unanimously passed the Illinois House on Wednesday, despite warnings from consumer groups that it may mean higher prices and poor service.
The bill lifts most state regulations on companies that provide telephone landline service with the idea …. Source article  : Illinois House approves new telecommunications measure that lifts regulations on land lines.