Digital movie locker ‘UltraViolet’ nears launch in challenge to Apple’s proprietary format

Digital movie locker ‘UltraViolet’ nears launch
LOS ANGELES – A group of media and electronics companies will soon start testing a system that will let you watch the movies you buy wherever you are, regardless of formats and other technical hurdles. Like ATMs, your account would follow you, no matter what brand …. Original source  : Digital movie locker ‘UltraViolet’ nears launch in challenge to Apple’s proprietary format.

Summary Box: IBM sees bigger 2010 profit but can’t shake economy jitters

Summary Box: IBM ups 2010 forecast but fears loom
UNWELCOME UNCERTAINTY: IBM beat earnings expectations in the second quarter and raised its guidance but shares fell on uncertainty about the stability of world markets.
REVENUE SHORTFALL: Analysts were concerned about a reduction in the value of services contracts signed during the quarter and revenue that …. Read the original article  : here.

IBM sees bigger 2010 forecast but can’t shake Wall Street’s economy jitters

IBM lifts 2010 forecast but economic worries loom
SAN FRANCISCO – Uncertainty about the stability of world markets is clouding encouraging signs about the health of the technology sector.
Shares of IBM Corp. fell nearly 4 percent Monday after the computer company beat earnings expectations in the second quarter and raised its guidance …. Source  : IBM sees bigger 2010 forecast but can’t shake Wall Street’s economy jitters.

FCC report finds broadband market not bringing high-speed Internet to Americans fast enough

FCC: broadband market not serving all Americans

WASHINGTON – Federal regulators have concluded that the broadband market is not bringing high-speed Internet connections to all Americans quickly enough.
In a report set to be released as early as Tuesday, the Federal Communications Commission says broadband is not being made available to all Americans in “a reasonable and …. Source  : FCC report finds broadband market not bringing high-speed Internet to Americans fast enough.

Coming attraction: Netflix to expand beyond US with Internet streaming in Canada this fall

Netflix chooses Canada for its international debut

SAN FRANCISCO – Netflix Inc. will make its international debut this fall when the rapidly growing movie subscription service offers video over the Internet in Canada.
The expansion announced Monday resolves the mystery of where Netflix will take its first step outside the United States. The company had laid out …. Original article on Gaea Times at  : Coming attraction: Netflix to expand beyond US with Internet streaming in Canada this fall.

Motorola’s tortured path toward breakup reflects market changes and investor demands

Market changes, investors drive Motorola’s breakup
NEW YORK – For decades, Motorola Inc.’s products told the story of the march of electronics into the hands of consumers: car radios in the 1930s, TVs in the 1940s and cell phones starting the 1980s.
Now, the iconic company is breaking up, the victim of changing …. Original article on Gaea Times at  : Motorola’s tortured path toward breakup reflects market changes and investor demands.

Amazon says price cut has spurred Kindle sales, but exact numbers remain a mystery

Amazon says price cut has spurred Kindle sales

SEATTLE – Amazon.com Inc. said Monday that sales of its Kindle electronic reading device have picked up since it cut the price. But exactly how many Kindles it is selling, Amazon did not say.
The company also said sales of Kindle books now outpace hardcover books, although sales of … Read more : Amazon says price cut has spurred Kindle sales, but exact numbers remain a mystery.

TI 2Q revenue rises 42 pct as demand roars back; predicts 3Q results above expectations

TI 2Q revenue rises 42 pct as demand roars back

NEW YORK – Texas Instruments Inc.’s second-quarter income and revenue jumped as demand continued to recover after the recession, yet investors had wanted even better results after seeing strong reports recently from other technology companies.
Shares fell more than 5 percent following the chip maker’s report Monday.
TI …. Original article on Gaea Times at  : TI 2Q revenue rises 42 pct as demand roars back; predicts 3Q results above expectations.

Apple’s iPad hitting 9 more markets, including Mexico, Hong Kong on Friday

Apple says iPad coming to more countries Friday
CUPERTINO, Calif. – Apple Inc. said Monday its iPad tablet device will be available in Austria, Belgium, Hong Kong, Ireland, Luxembourg, Mexico, Netherlands, New Zealand and Singapore this Friday.
Customers will be able to buy all models of the iPad in these countries.
The iPad is currently available …. Original article  : Apple’s iPad hitting 9 more markets, including Mexico, Hong Kong on Friday.

IBM ups 2010 forecast on confidence in services, software; 2Q rev falls short and shares slip

IBM ups 2010 forecast, but 2Q rev falls short
SAN FRANCISCO – IBM Corp. jacked up its 2010 guidance Monday on the technology company’s belief that it can wring more profit from its workhorse services and software divisions.
The numbers dovetail with other encouraging signs about the health of the technology sector, but uncertainties about …. Read the original article  : here.

IBM raises 2010 guidance to at least $11.25 per share, reflecting confidence

IBM raises 2010 guidance, reflecting confidence
SAN FRANCISCO – IBM Corp. raised its 2010 net income guidance to at least $11.25 per share, a nickel per share increase that reflects IBM’s confidence in its ability to squeeze more profit out of its workhorse technology services and software divisions.
The increase came as IBM reported … Read more : IBM raises 2010 guidance to at least $11.25 per share, reflecting confidence.

IBM raises 2010 guidance to at least $11.25 per share

IBM raises guidance
SAN FRANCISCO – IBM Corp. has raised its 2010 net income guidance to at least $11.25 per share. That represents an increase of a nickel per share over the previous guidance and reflects IBM’s confidence in its ability to squeeze more profit out of its workhorse technology services and software divisions.
… Read more : IBM raises 2010 guidance to at least $11.25 per share.

Summary Box: Nokia Siemens to buy Motorola wireless gear unit for $1.2 billion

Summary Box: Nokia Siemens to buy Motorola unit
THE DEAL: Motorola Inc. is selling most of its wireless networks division to Nokia Siemens Networks for $1.2 billion.
THE BUSINESS: This division supplies wireless carriers with equipment they need to connect to cell phones. Motorola isn’t a big player, but it has valuable relationships with U.S. … Read this article on Gaea Times at : Summary Box: Nokia Siemens to buy Motorola wireless gear unit for $1.2 billion.

Netflix’s 2nd-qtr earnings, subscriber count need to soar with stock flying high

Earnings Preview: Netflix Inc.
SAN FRANCISCO – Home video subscription service Netflix Inc. is scheduled to report its second-quarter earnings after the stock market closes Wednesday.
WHAT TO WATCH FOR: Netflix has been following a familiar script for nearly two years now, delivering one blowout quarter after another while consistently increasing its projected number of … Read : Netflix’s 2nd-qtr earnings, subscriber count need to soar with stock flying high.

Fidelity National to provide banking services, technology to Sterling Savings Bank

FIS signs deal with Sterling Savings Bank
JACKSONVILLE, Fla. – Fidelity National Information Services will provide its banking services and technology to Sterling Savings Bank, the company said Monday.

Also known as FIS, the company said it was the eighth new agreement for its integrated banking services system. Financial terms were not disclosed.
Sterling Savings Bank, based in …. Original article on Gaea Times at  : Fidelity National to provide banking services, technology to Sterling Savings Bank.

Coca-Cola faces flak for using porn to attract children on Facebook

LONDON – One of the world’s largest soft drink manufacturers Coca-Cola is being slammed for using porn to attract attention of children in an internet campaign.

Coca-Cola was forced to withdraw an Internet campaign after parents accused the …. Original article  : Coca-Cola faces flak for using porn to attract children on Facebook.

Nokia Siemens Networks to buy Motorola’s wireless network operations for $1.2B

Nokia Siemens to buy Motorola wireless gear unit
NEW YORK – The long-planned breakup of Motorola Inc., one of the founders of the U.S. electronics industry, came a step closer Monday with a deal to sell most of its wireless networks division.
The deal to sell the division for $1.2 billion to Nokia … Read more >>.

FIFA confirms that its lawmaking panel will not look at goal-line technology until October

FIFA confirms October agenda for goal-line tech

LONDON – The use of goal-line video technology remains on FIFA’s agenda for October after soccer’s governing body confirmed that its rule-making panel will not discuss the issue at its meeting this week.
The International Football Association Board meets in Cardiff, Wales, on Wednesday but FIFA says “the only point …. Original article  : FIFA confirms that its lawmaking panel will not look at goal-line technology until October.

Nokia Siemens Networks to acquire majority of Motorola’s network operations for $1.2 billion

Nokia Siemens buys Motorola networks
HELSINKI – Nokia Siemens Networks will acquire the majority of Motorola’s wireless operations for $1.2 billion in a major thrust to gain a stronger foothold worldwide, the company said Monday.
The Finland-based company said the deal is “expected to significantly strengthen Nokia Siemens Networks’ presence globally, particularly in the …. Read the original article  : Nokia Siemens Networks to acquire majority of Motorola’s network operations for $1.2 billion.

Half of Oz parents say social networking distracting kids from studies

NEW DELHI – A latest cyber study has found that more than half of Australian parents with children using online social networking services like Facebook and Twitter said the services are distracting them from their studies.

According to the latest Cyber-safety Research Report commissioned by Telstra Australian …. Original article  : Half of Oz parents say social networking distracting kids from studies.