Monday, July 26, 2010

Simple Thoughts (Technology) – Weekly Newsletter for July 19-26, 2010

Monday, July 26, 2010


Now, an application that wipes off all about your ex on Facebook

NEW YORK – Here’s some good news for those who want no connection with their ex anymore-an application called ‘Ex-blocker’.

The application heals broken hearts by deleting any mention of a person’s previous flame on Facebook and other social networking sites.

“They won’t know that you’re doing it. Only you will know,” the New York Daily News … Read more »»».

Southampton varsity department becomes first to release public data in open linked data format

LONDON – The School of Electronics and Computer Science (ECS) at the University of Southampton has become the UK’s first University department to release all its public data in open linked data format.

The ECS is at the forefront of the open linked data initiative through the work of its Professors Sir Tim Berners-Lee and … Original source on Gaea Times at : Southampton varsity department becomes first to release public data in open linked data format.

Mass. considers landmark legislation to give local auto-repair shops same info dealers have

Mass. considers landmark auto-repair legislation

BOSTON – When Mary Burke recently took her 2007 Honda Element with its worn-out ignition switch to her regular repair shop, the mechanic didn’t have the software to fix the problem.
The shop’s owner, Glenn Wilder, said he had to take Burke’s car to a Honda dealership – because those are the …. Source  : Gaea News Network.

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.

World stock markets rise modestly as Apple’s 2Q earnings power gains in technology shares

World stocks rise as Apple result aids tech sector
SEOUL, South Korea – World stock markets mostly posted mild gains Wednesday after better-than-expected earnings from Apple boosted technology stocks.
Oil prices, meanwhile, traded below $78 a barrel after a report showed U.S. crude supplies fell less than expected last week, suggesting demand for fuel is …. Original article on Gaea Times at  : World stock markets rise modestly as Apple’s 2Q earnings power gains in technology shares.

1975 Ford Bronco Traded For Porsche?

GLENDORA (GaeaTimes.com)- In what can only be called a dream trade off, a teenager from California has landed a 2000 Porsche Boxster after starting off with an old cellphone given by a friend. 17 year old Steven Ortiz has become a hero on the web after news came out about his incredible feat. After … Original article on : 1975 Ford Bronco Traded For Porsche?.

Asian stock markets modestly as Apple’s quarterly earnings power gains in technology shares

Asia stocks rise as Apple result lifts tech sector
SEOUL, South Korea – Asian stock markets mostly posted mild gains Wednesday after better-than-expected earnings from technology bellwether Apple and a rise on Wall Street.
Oil prices, meanwhile, traded below $78 a barrel after a report showed U.S. crude supplies fell less than expected last …. Source article on Gaea Times at  : Asian stock markets modestly as Apple’s quarterly earnings power gains in technology shares.

On the Call: Apple COO Tim Cook speaks to iPad adoption pattern and ongoing shortages

On the Call: Apple COO Tim Cook
Apple Inc. is selling out of its iPad tablet computer and its latest smart phone, the iPhone 4, as fast as it can make the new gadgets, defying ongoing doubts about the economic recovery.
The company said it sold 3.3 million iPads in the gadget’s first quarter on … Original article on : On the Call: Apple COO Tim Cook speaks to iPad adoption pattern and ongoing shortages.

Summary Box: iPhone, iPad sales push Apple’s fiscal 3rd-quarter net income up 78 percent

Summary Box: Apple 3Q net income up 78 percent
THE RESULTS: Apple’s net income rose 78 percent to $3.25 billion, or $3.51 per share, from $1.8 billion, or $2.01 per share a year ago. Revenue for the April-to-June period rose 61 percent from last year to $15.7 billion.
THE DETAILS: Apple sold 8.4 million iPhones, … Original article on : Summary Box: iPhone, iPad sales push Apple’s fiscal 3rd-quarter net income up 78 percent.

Yahoo turnaround effort wavers in 2Q as meager revenue growth eclipses 51 pct earnings gain

Yahoo’s lackluster 2Q revenue growth sinks stock
SAN FRANCISCO – Yahoo Inc.’s turnaround effort wavered in the second quarter as the Internet company’s paltry revenue growth overshadowed a surge in net income.
The results released Tuesday could cause some investors to doubt the strategy of Yahoo’s no-nonsense CEO, Carol Bartz, who was hired 18 months … Original article on : Yahoo turnaround effort wavers in 2Q as meager revenue growth eclipses 51 pct earnings gain.

Summary Box: Wireless broadband network set to launch next year

Summary Box: Wireless broadband network to launch

WHAT’S HAPPENING: A private-equity firm, Harbinger Capital Partners, is setting up a nationwide wireless broadband network. It will start next year in Las Vegas, Phoenix, Denver and Baltimore.
WHAT IT MEANS FOR CONSUMERS: If the new network, known as LightSquared, gets over some regulatory and financial hurdles, it could provide … Original source on Gaea Times at : Summary Box: Wireless broadband network set to launch next year.

Facebook fighting NY man’s lawsuit claims part ownership of social networking site

NY man’s Facebook ownership claim lands in court
BUFFALO, N.Y. – Facebook will try to get a New York man’s claim for majority ownership of the website thrown out of court, attorneys for the social networking site said Tuesday.
A complaint by Paul Ceglia of Wellsville claims that a 7-year-old contract he signed with … Read : Facebook fighting NY man’s lawsuit claims part ownership of social networking site.

Yahoo turnaround effort wavers in 2Q as revenue growth disappoints amid big earnings increase

Yahoo 2Q earnings climb 51 pct, but revenue modest
SAN FRANCISCO – Yahoo Inc.’s turnaround effort wavered in the second quarter as the Internet company’s lackluster revenue growth overshadowed a surge in net income.
The results released Tuesday could cause some investors to doubt the strategy of Yahoo’s no-nonsense CEO, Carol Bartz, who was hired …. Source article  : Yahoo turnaround effort wavers in 2Q as revenue growth disappoints amid big earnings increase.

Apple fiscal 3rd-quarter net income jumps 78 percent, boosted by iPad, iPhone 4 launches

Apple fiscal 3Q net income jumps 78 percent
SEATTLE – Apple Inc. blew past expectations with its latest quarterly report on Tuesday, selling almost as many of its new iPad tablets as it sold Mac computers.
Apple also gave higher revenue guidance than Wall Street was expecting, something the company rarely does. Investors sent shares … Original article on : Apple fiscal 3rd-quarter net income jumps 78 percent, boosted by iPad, iPhone 4 launches.

Yahoo turnaround effort gathers steam in 2Q as online ad rebound lifts earnings, revenue

Yahoo 2Q earnings climb 51 pct, revenue up 2 pct
SAN FRANCISCO – Yahoo Inc.’s turnaround effort picked up a little more steam in the second quarter, but revenue grew at a slower rate than analysts hoped.
The stock fell nearly 5 percent after the release of results Tuesday.
The results still marked Yahoo’s best performance …. Read the original article  : here.

SAP gets OK from European regulators for $5.8 billion Sybase acquisition

SAP gets European OK for Sybase takeover
NEW YORK – German business software maker SAP AG said Tuesday that European regulators have approved its $5.8 billion takeover of U.S. database software maker Sybase Inc.

SAP said clearance from the European Commission was the final regulatory hurdle.
The company has extended the deadline on its tender offer of $65 … Original source on Gaea Times at : SAP gets OK from European regulators for $5.8 billion Sybase acquisition.

China-based pork producer AgFeed agrees to buy US hog producer M2P2 for $16 million

China-based AgFeed to buy US hog producer M2P2

DES MOINES, Iowa – China-based pork and animal feed manufacturer AgFeed Industries Inc. said Tuesday it will buy U.S. hog producer M2P2 LLC for $16 million in cash and stock in a move to further modernize its farming methods and nearly triple its hog production by 2015.
With sow … Original source on Gaea Times at : China-based pork producer AgFeed agrees to buy US hog producer M2P2 for $16 million.

Green Dot and other IPOs expected this week could extend winning streak from Friday

This week’s IPOs could create hot streak
NEW YORK – The IPOs of debit card provider Green Dot, Chinese software services supplier Camelot Information Systems and clean technology company Ameresco, expected this week, could extend Friday’s strong performance into a hot streak.

Shares of RealD and Qlik Technologies both soared more than 20 percent in their market …. Source article on Gaea Times at  : Green Dot and other IPOs expected this week could extend winning streak from Friday.

Stocks head lower as weak revenues from Johnson & Johnson, IBM disappoint

Stocks slump as revenues from IBM, J&J disappoint
NEW YORK – Stocks retreated Tuesday after IBM and Johnson & Johnson reported revenue that was lower than expected and that raised questions about the strength of the economic recovery.
The Dow Jones industrial average fell almost 80 points in midday trading, recovering some of …. Original article on Gaea Times at  : Stocks head lower as weak revenues from Johnson & Johnson, IBM disappoint.

New wireless broadband network to launch next year, competing with Verizon and AT&T

New wireless broadband network to launch next year

NEW YORK – U.S. consumers and businesses are going to get more options in wireless service starting next year, with the launch of a new wireless broadband network that will provide competition to the incumbent phone companies.
Private-equity firm Harbinger Capital Partners on Tuesday revealed details of the launch … Original article on : New wireless broadband network to launch next year, competing with Verizon and AT&T.

Stocks head lower in early trade as revenues from Goldman Sachs and IBM disappoint

Stocks slump on weak revenues from Goldman, IBM
NEW YORK – Stocks are falling after revenues from Goldman Sachs and IBM came in lower than investors expected.
The miss from the leading investment bank early Tuesday was the latest sign of weakness in revenues in this corporate earnings season. Late Monday, IBM reported … Read : Stocks head lower in early trade as revenues from Goldman Sachs and IBM disappoint.

Lee Enterprises posts 3Q profit, reversing losses as ad market improves and costs fall

Lee Enterprises posts 3Q profit as ad drop eases

DAVENPORT, Iowa – Lee Enterprises, publisher of the St. Louis Post-Dispatch and other newspapers, reported a fiscal third-quarter profit Tuesday, thanks to falling expenses and a smaller drop in revenue.
Lee is still suffering through one of the worst advertising slumps the newspaper business has ever seen. Online … Read : Lee Enterprises posts 3Q profit, reversing losses as ad market improves and costs fall.

China’s 3G users hit 25.2 million by end of June: MIIT

NEW DELHI – China’s third-generation (3G) mobile phone service subscribers numbered 25.2 million at the end of June, up 40 percent from the first quarter.

Xinhua quoted Zhang Feng, a senior official with the Ministry of Industry and Information Technology (MIIT), as saying on Tuesday that direct investment … Read : China’s 3G users hit 25.2 million by end of June: MIIT.

Stocks headed for lower open after weaker revenues from Goldman, IBM disappoint

Stocks headed lower as Goldman, IBM revenues slip
NEW YORK – Stocks are headed for a lower opening after revenues from Goldman Sachs and IBM came in lower than investors expected.
The miss from the leading investment bank early Tuesday was the latest sign of weakness in revenues in this corporate earnings season. Late … Read more »»».

More than 100,000 fans, many in costume, swarm San Diego for 41st annual Comic-Con

Fans swarm San Diego as Comic-Con gets under way

SAN DIEGO – Movie buffs, comic-book collectors, sci-fi fans and nerds and geeks of all stripes have taken over San Diego for Comic-Con, the city’s annual pop culture convention.
Now in its 41st year, Comic-Con draws more than 120,000 fans to the San Diego Convention Center for a …. Original article on Gaea Times at  : More than 100,000 fans, many in costume, swarm San Diego for 41st annual Comic-Con.

Foxconn says it is seeking to charge foreign clients more to cover China wage increases

Foxconn to hike prices to cover China pay increase
TAIPEI, Taiwan – Foxconn Technology Group, which makes iPhones and other gadgets for global technology companies, plans to charge them more to partly cover wage increases at its mammoth manufacturing compound in southern China.
The extent of price hikes will differ according to products, … Read more : Foxconn says it is seeking to charge foreign clients more to cover China wage increases.

Expert Says that Hacking Smartphone is Easy

Los Angeles Times recently reports that security expert?? DePetrillo and Don Bailey discovered a seven digit code that can unfold all of the secrets of your smart phone. The report further says that using simple technique the expert can use your cell phone number to determine where you live and work, where you travel … Original article on : Expert Says that Hacking Smartphone is Easy.

How to fix: jre/lib/i386/xawt/libmawt.so: libXtst.so.6: cannot open shared object file – Java Error on Linux

I observed this error while trying to run a Java Awt based application. The typical error message in such situation is:

… jre/lib/i386/xawt/libmawt.so: libXtst.so.6: cannot open shared object file: No such file or directory
You will most likely find, as I did, that libXtst.so.6 exists in your system and is in proper path but still libmawt.so is …. Source  : Gaea News Network.

Hynix Semiconductor turns second-quarter net profit amid record sales

Hynix turns 2Q net profit amid record sales
SEOUL, South Korea – Hynix Semiconductor turned a net profit in the second quarter after a loss the year before as sales rose to a record and prices for its mainstay computer memory chips increased.
Hynix, the world’s second-largest manufacturer of computer memory chips, earned …. Original article  : Hynix Semiconductor turns second-quarter net profit amid record sales.

Larsson’s Millennium trilogy hits the million mark on e-books, ‘Dragon Tattoo’ No. 1 on Kindle

E-sales big for Stieg Larsson’s Millennium trilogy
NEW YORK – It’s electronic milestone time for Stieg Larsson’s Millennium trilogy.
The late Swedish author’s blockbuster thrillers have sold more than 1 million copies in the e-book editions, publisher Alfred A. Knopf said Wednesday, making him at least the second author to join the e-million …. Source article on Gaea Times at  : Larsson’s Millennium trilogy hits the million mark on e-books, ‘Dragon Tattoo’ No. 1 on Kindle.

Agilent Technologies appoints Hirsch chief financial officer

Agilent Technologies appoints new CFO
SANTA CLARA, Calif. – Agilent Technologies Inc. said Wednesday that it has appointed Didier Hirsch as its senior vice president and chief financial officer.

Hirsch, 59, has worked for Agilent since its inception in 1999 and has served as acting chief financial officer and vice president since April.
Shares of the scientific instrument …. Source  : Gaea News Network.

Amazon to post 2nd-quarter results; investors looking for info on Kindle sales

Earnings Preview: Amazon to report 2Q results
SAN FRANCISCO – Online retailer Amazon.com Inc. is scheduled to report its second-quarter results after the market closes on Thursday.
WHAT TO WATCH FOR: Investors will be on the lookout for data on sales of the Kindle electronic reader, although Amazon likely will not disclose specifics.
During the quarter, …. Source article on Gaea Times at  : Amazon to post 2nd-quarter results; investors looking for info on Kindle sales.

Earnings roundup: CA Technologies net rises with acquisition boost, Arbitron net rises

Earnings roundup: CA Technologies, Arbitron

Among the earnings stories for Wednesday, July 21, from AP Financial News:
- Business management software company CA Technologies, formerly known as CA Inc., said its first-quarter net income rose 11 percent thanks to better execution and new revenue from acquisitions.
- Media and marketing research firm Arbitron Inc. said its second-quarter net …. Original source  : Earnings roundup: CA Technologies net rises with acquisition boost, Arbitron net rises.

Baidu 2nd-quarter net income more than doubles as ad customer base grows

Baidu more than doubles 2Q profit
NEW YORK – Baidu Inc., which operates China’s biggest Internet search engine, said Wednesday that its second-quarter profit more than doubled as its advertising customer base grew and profit margins improved.

The company earned 837.4 million yuan ($123.5 million), or 2.40 yuan (35 cents) per American Depositary share, up from 383.3 …. Source article on Gaea Times at  : Baidu 2nd-quarter net income more than doubles as ad customer base grows.

Federal Trade Commission extends talks with Intel to settle antitrust case by 2 weeks

FTC extends antitrust settlement talks with Intel

WASHINGTON – Federal regulators will take at least two more weeks to work out details of a proposed agreement with Intel Corp. to settle charges that the giant chipmaker violated antitrust laws.
The Federal Trade Commission said late Wednesday that it needs more time to consider and negotiate the proposed …. Source article  : Federal Trade Commission extends talks with Intel to settle antitrust case by 2 weeks.

Soccer expands experiment with extra assistant referees into Champions League

Extra officials expanded to Champions League

LONDON – The group that determines soccer rules has expanded the experimental use of two extra assistant referees into this season’s European Champions League, a move made following a series of mistakes during the World Cup.
Use of officials behind the goals was tested in last season’s Europa League, and the …. Source article  : Soccer expands experiment with extra assistant referees into Champions League.

Roberto Mancini says Manchester City may be interested in acquiring Landon Donovan

Mancini says Man City may be interested in Donovan

HARRISON, N.J. – Manchester City manager Roberto Mancini may be interested in acquiring Landon Donovan from Major League Soccer and the Los Angeles Galaxy.
The 28-year-old midfielder had a successful 10-week loan to Everton last season and was the top American player at the World Cup with three … Read : Roberto Mancini says Manchester City may be interested in acquiring Landon Donovan.

CA Technologies reports 1st-quarter earnings that beat analysts’ expectations

CA Technologies’ 1Q results top Wall Street view

ISLANDIA, N.Y. – Business management software company CA Technologies, formerly known as CA Inc., said Wednesday that its first-quarter net income rose 11 percent thanks to better execution and new revenue from acquisitions.
Net income in the three months ended June 30 rose to $217 million, or 42 cents … Read more >>.

EBay profit rises in 2nd quarter, helped by PayPal, marketplace growth

EBay 2Q profit rise 26 pct on PayPal, marketplace
SAN FRANCISCO – EBay Inc. reported healthy second-quarter earnings Wednesday as more people transferred money through its PayPal payment service and shopped on its main website.
The online auction site operator also gave lower-than-expected guidance for the current quarter, predicting that a strengthening dollar … Read the original article on Gaea Times at : EBay profit rises in 2nd quarter, helped by PayPal, marketplace growth.

Qualcomm 3Q profit rises 4 percent but revenue slips; beats analyst expectations

Qualcomm 3Q profit rises 4 percent, revenue down

SAN DIEGO – Qualcomm Inc. said Wednesday that its fiscal third-quarter profit rose 4 percent and revenues fell less than analysts expected, allaying concerns among investors that the developer of wireless chips and technologies was failing to capitalize on consumers’ appetites for smart phones.
The company also raised its … Read more >>.

Microsoft’s fiscal 4th-quarter results may show corporate spending on technology is back

Earnings Preview: Microsoft’s fiscal 4Q results
SEATTLE – Microsoft Corp. is scheduled to report fiscal fourth-quarter earnings after the market closes Thursday.
WHAT TO WATCH FOR: Confirmation that businesses are replacing servers and employee computers at a decent clip, after a major slowdown during the worst of the recession.
Intel Corp. recently reported its best quarter …. Source article on Gaea Times at  : Microsoft’s fiscal 4th-quarter results may show corporate spending on technology is back.

New iPad app makes it possible to flip through magazine assembled from social media outlets

New iPad app mines Web links for ’social magazine’
SAN FRANCISCO – Apple Inc.’s iPad has hatched a new breed of magazines, one filled with a constantly changing mix of articles, photos and videos picked out by your friends, family and other people within your online social circle.
This new twist on digital … Original source on Gaea Times at : New iPad app makes it possible to flip through magazine assembled from social media outlets.

Verizon to report 2Q results; investors to look for new Verizon Wireless contract customers

Earnings Preview: Verizon to report 2Q results
NEW YORK – Verizon Communications Inc., the nation’s largest wireless carrier and second-largest telecommunications company, reports its second-quarter results before the stock market opens on Friday.
WHAT TO WATCH FOR: How successful Verizon Wireless was in recruiting new contract-signing customers, the unit’s bread and butter.
In the …. Original article on Gaea Times at  : Verizon to report 2Q results; investors to look for new Verizon Wireless contract customers.

Summary Box: Review finds Fluenz language software trumps Rosetta Stone

Summary Box: Review finds Fluenz software better

THE SOFTWARE: Fluenz and Rosetta Stone Totale.
DIFFERENCES IN APPROACHES: Rosetta Stone believes in fully immersing the student in the language, without using any English to explain phrases. Fluenz believes adults learn best when they can relate the grammar and syntax of a foreign language to the structure of the … Read more : Summary Box: Review finds Fluenz language software trumps Rosetta Stone.

Official: Japanese firms may join Taiwan in developing WiMax broadband technologies

Taiwan, Japan to develop broadband technologies

TAIPEI, Taiwan – Three big Japanese corporations may join Taiwan in developing cutting-edge broadband technologies that will allow them to jointly tap China’s vast telecommunications market, an official said Friday.
Fujitsu Ltd., NEC Corp. and Mitsubishi Corp. have expressed an interest in the offer to develop WiMax technologies together with Taiwanese … Read : Official: Japanese firms may join Taiwan in developing WiMax broadband technologies.

Hyderabad Auto Show 2010 In Progress

HYDERABAD, INDIA (GaeaTimes.com)- The Hyderabad Auto Show 2010 which is a 4 day event starting from July 22 in Hyderabad is now in progress in Hyderabad International Convention Centre. K Rosiah the CM of Andhra Pradesh inaugurated the show yesterday. As expected the leading Indian and global carmakers like General Motors, Ford, Fiat, Tata … Read more »».

US states investigate Google for Wi-Fi snooping scandal

WASHINGTON – A group of 38 attorneys general of different states of the United States led by Connecticut Attorney General Richard Blumenthal have asked Google for detailed information about its Wi-Fi spying serivices, including what it gathered with its street view cars as it cruised around the world, how the software was tested and who …. Source  : Gaea News Network.

US Job Market Still Very Depressing

According to US Federal Reserve Chairman Ben S Bernanke, although, the stimulative monetary and fiscal policies helps to grow the economy moderately, the job market still remains very bleak. He further said that the slow job market in turn is impacting weak housing market. Bernanke also welcomed the recent financial regulation in USA that …. Original source  : US Job Market Still Very Depressing.

For Scots, Facebook is more important than sex

LONDON – Scots can say no to sex for a year, but they can’t really turn their back on Facebook, that’s what a poll has revealed.

Almost fifty percent of Scots would give up sex for a year to become a millionaire, but only a third would quit Facebook, revealed a poll by website InterCasino.

Some 33 … Read more »».

Sweden’s Ericsson more than doubles net profit in Q2, cost-cutting program completed

Ericsson more than doubles profit in Q2
STOCKHOLM – Swedish wireless equipment maker LM Ericsson AB said Friday its net profit more than doubled in the second quarter, mainly because of a dramatic cut in costs as its savings plan ended.

Net profit for the three-month period reached 1.9 billion kronor ($258 million), up from 831 million … Read : Sweden’s Ericsson more than doubles net profit in Q2, cost-cutting program completed.

Facebook firm on not commenting on automated removal of Palin Post

New York, July 23 (ANI): Social network site Facebook continues to refuse to comment on why its automated systems deleted a controversial July 20 post sent by former Alaska Governor and 2008 Republican vice-presidential candidate Sarah Palin.

According to CBS, Palin’s post expressed her opposition to plans to build a mosque near the World Trade …. Read the original article  : here.

Indian software services firm Wipro quarterly profit up 31 percent to $284 million on demand

Wipro profit up 31 pct to $284M on strong demand
MUMBAI, India – Indian software services firm Wipro Ltd. said quarterly profit jumped 31 percent to 13.19 billion rupees ($284 million), beating expectations, as India’s No. 3 outsourcer ramped up staffing to meet strong global demand.
Revenue for the April-June quarter rose 16 percent over …. Original article  : Indian software services firm Wipro quarterly profit up 31 percent to $284 million on demand.

Dell Inc. paying $100M to settle SEC accounting fraud charges; CEO Michael Dell paying $4M

Dell Inc. paying $100 million in SEC deal
WASHINGTON – Computer maker Dell Inc. is paying $100 million to settle civil charges that it fraudulently used payments from Intel to pump up its profits to meet Wall Street targets over five years, the government announced Thursday.
Under the settlement with the Securities and Exchange Commission, …. Source article on Gaea Times at  : Dell Inc. paying $100M to settle SEC accounting fraud charges; CEO Michael Dell paying $4M.

Summary Box: Nokia says second-quarter profit falls 40 percent as overall market share drops

Summary Box: Nokia 2Q earnings drop on flat sales
DOWN ARROW: Nokia Corp. posts 40 percent drop in second-quarter net profit as the world’s largest mobile phone maker lost market share and sales remained flat.
BOTTOM LINE: Earnings fell to euro227 million ($290 million) from euro380 million in the same period last year. Revenue grew …. Original article  : Summary Box: Nokia says second-quarter profit falls 40 percent as overall market share drops.

Dell paying $100M to settle SEC accounting fraud charges; CEO Michael Dell paying $4 million

Dell paying $100 million in SEC deal
WASHINGTON – Computer maker Dell Inc. is paying $100 million to settle civil charges that it used fraudulent accounting to meet Wall Street earnings targets, the government announced Thursday.
Under the settlement with the Securities and Exchange Commission, company Chairman and CEO Michael Dell also agreed to pay …. Original article on Gaea Times at  : Dell paying $100M to settle SEC accounting fraud charges; CEO Michael Dell paying $4 million.

Amazon 2nd-quarter profit up, helped by electronics sales, but stock falls on Wall Street miss

Amazon 2Q profit jumps 45 pct; misses Wall Street
SAN FRANCISCO – Amazon.com Inc. said Thursday that its second-quarter net income jumped, bolstered by shoppers who spent more with the online retailer even as consumer confidence fell overall.
But the Seattle-based company’s earnings fell below analyst expectations, and its stock dove in after-hours trading.
For … Original source on Gaea Times at : Amazon 2nd-quarter profit up, helped by electronics sales, but stock falls on Wall Street miss.

Microsoft 4th-quarter net income surges 48 percent, boosted by business spending on software

Microsoft 4Q net income surges 48 percent
SEATTLE – Microsoft Corp. said Thursday that its net income surged in the most recent quarter, the latest sign that businesses are again spending on technology.
Strong sales of Windows, particularly to Microsoft’s corporate customers, and of Office 2010 helped boost results in the fiscal fourth quarter. Microsoft … Read more »».

Once-blocked Internet porn sites now accessible in China, without government explanation

Some Internet porn sites in China now accessible
BEIJING – Word leaked out slowly, spread by Web-savvy folks on Twitter: Internet porn that once was blocked by Chinese government censors was now openly available.
“Are they no longer cracking down on pornographic websites? A lot of porn sites and forums are accessible,” technology blogger William … Read more »»».

Government investigators say genetic tests mislead consumers with bogus results

GAO investigators say DNA tests give bogus results

WASHINGTON – A government investigator told members of Congress on Thursday that personalized DNA tests claiming to predict certain inheritable diseases are misleading and offer little or no useful information.
An undercover investigation by the Government Accountability Office found that four genetic testing companies delivered contradictory predictions based on …. Original article on Gaea Times at  : Government investigators say genetic tests mislead consumers with bogus results.

Obama apologizes to ousted Agriculture official, says he hopes she will take new position

Obama apologizes to ousted Agriculture official

WASHINGTON – President Barack Obama on Thursday apologized to former federal official Shirley Sherrod over her ouster in the midst of a racially tinged firestorm that ensnared the White House, Agriculture Department, NAACP and a blogger.
White House spokesman Robert Gibbs said the president expressed his regret, and told Sherrod he … Read more >>>.

Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs

Orbital 2Q net income down 27 pct on rising costs

DULLES, Va. – Orbital Sciences Corp., which makes satellites, rockets and other space technology, said Thursday that its second-quarter net income plunged 27 percent, weighed down in part by costs associated with an acquisition.
Shares fell 71 cents, or 4.6 percent, to $14.91 in afternoon trading. The … Read the original article on Gaea Times at : Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs.

On the Call: AT&T CFO Lindner talks about new data plans encouraging tradeups

On the Call: AT&T CFO talks about new data plans
NEW YORK – In June, AT&T Inc. stopped letting new customers sign up for its $30 per month unlimited Internet data plan for smart phones and iPads, breaking with industry practices. Instead, new customers have to sign up for either a $15 or $25 …. Source  : Gaea News Network.

Obama calls ousted Ag official; voices regret over her ‘misfortune’ because of racial furor

Obama voices regret to ousted Agriculture official

WASHINGTON – President Barack Obama on Thursday apologized to former federal official Shirley Sherrod over her ouster in the midst of a racially tinged firestorm that ensnared the White House, Agriculture Department, NAACP and a blogger.
White House spokesman Robert Gibbs said the president expressed his regret, and told Sherrod …. Source  : Gaea News Network.

Consumer electronic group says sales to reach $174.9 billion this year, exceeding expectations

Consumer electronics to reach $174.9B in 2010
ARLINGTON, Va. – Rapid sales of new gadgets such as Apple’s iPad and Amazon.com’s Kindle have prompted an industry trade group to raise its projections for sales to retailers to $174.9 billion.
The Consumer Electronics Association said Thursday that revenue for electronics manufacturers is projected to grow 3 … Read the original article on Gaea Times at : Consumer electronic group says sales to reach $174.9 billion this year, exceeding expectations.

Popular White iPhone Delayed Until Late 2010

According to the latest report issued by Apple on Friday,?? the launch of white iphone will be delayed till the end of 2010. It’s unclear whether the delay is simply due to the huge demand, but Apple surely would have admitted that if that were the case. Some have also suggested that …. Source article  : Popular White iPhone Delayed Until Late 2010.

India Revealed $30 Laptop for Students

India unveiled $30 (Rs 1500 approx) laptop on Tuesday which was designed mainly for students. Human Resource Development Minister Kapil Sibal said that the price will come down further if more companies start manufacturing the device. The laptop is going to be available to students in 2011. The ministry expects that the prices will … Original article on : India Revealed $30 Laptop for Students.

Moody’s upgrades BMC Software to “Baa2??? from “Baa3???

Moody’s upgrades BMC Software to “Baa2″
NEW YORK – Moody’s Investors Service upgraded business software maker BMC Software Inc. on Friday, citing the company’s stability even during slow business periods.

The upgrade reflects BMC’s “strong operating and financial performance throughout the recent downturn” as well as its success in growing and improving the profitability of its non-mainframe … Original article on : Moody’s upgrades BMC Software to “Baa2″ from “Baa3″.

Phone group sues San Francisco over first-of-its-kind law requiring cell phone radiation info

Phone group sues San Francisco over radiation law

NEW YORK – The wireless industry sued the city of San Francisco on Friday to stop a law that requires cell phone stores to post how much radio energy each model emits.
It’s the first law of that kind in the nation. The industry trade group known as CTIA … Original article on : Phone group sues San Francisco over first-of-its-kind law requiring cell phone radiation info.

Riverbed Technology shares advance after 2nd-quarter results beats analyst expectations

Riverbed shares rise after 2Q results beat Street

SAN FRANCISCO – Shares of Riverbed Technology Inc. rose Friday after the computer networking products maker issued second-quarter results above analysts estimates.
THE SPARK: Late Thursday, Riverbed reported adjusted quarterly income of 25 cents per share. Analysts polled by Thomson Reuters expected income of $22 cents per share.
Revenue jumped … Original source on Gaea Times at : Riverbed Technology shares advance after 2nd-quarter results beats analyst expectations.

Business events and economic reports scheduled for the coming week

Business events scheduled for the coming week
MONDAY, July 26
WASHINGTON – Commerce Department releases new home sales for June, 10 a.m.
GREENSBORO, N.C. – Lorillard Inc. releases quarterly financial results.
ATHENS, Greece – Officials from the IMF, EU and European Central Bank are due in Athens to begin a fiscal inspection required before Greece receives its second rescue-loan …. Source article on Gaea Times at  : Business events and economic reports scheduled for the coming week.

Wal-Mart to use smart tags on clothing to track inventory, but move raises privacy worries

Wal-Mart to roll out smart tags on men’s basics

NEW YORK – Wal-Mart Stores Inc. is putting electronic identification tags on men’s clothing like jeans starting Aug. 1 as the world’s largest retailer tries to gain more control of its inventory. But the move is raising eyebrows among privacy experts.
The individual garments, which also includes underwear …. Read the original article  : Wal-Mart to use smart tags on clothing to track inventory, but move raises privacy worries.

FCC now Puts Broadband at 4Mbps in USA

As per the report of FCC on Tuesday, 24 million people do not have access to Broadband in USA. The commission further disclosed at its sixth annual report that between 14 and 24 million people in the country lack access to high-speed Internet, and immediate prospects for them to access the service is …. Original article  : FCC now Puts Broadband at 4Mbps in USA.

Raytheon presents new technology at Farnborough Airshow after winning US Air Force contract

Raytheon unveils Scorpion helmet technology

FARNBOROUGH, England – As the desert landscape unfolds ahead, the jet fighter pilot glances to his right. Spotting an enemy target, a sensor attached to his helmet relays the information straight back to his flight controls, allowing him to fire immediately without turning his aircraft.
U.S. defense company Raytheon Inc. is giving …. Original article on Gaea Times at  : Raytheon presents new technology at Farnborough Airshow after winning US Air Force contract.

AT&T completes sale of Wayport Holdings but will still run Wi-Fi at McDonald’s and hotels

AT&T sells Wayport; will still run Wi-Fi business

DALLAS – AT&T Inc. has completed the sale of a company that provides Wi-Fi hotspots in hotels and McDonald’s restaurants.
Wayport Holdings A/S, the European subsidiary of Wayport Inc., was sold to a subsidiary to the Swiss telecommunications company Swisscom AG.
AT&T bought the company in 2008 for $275 million …. Original article  : AT&T completes sale of Wayport Holdings but will still run Wi-Fi at McDonald’s and hotels.

Top 10 Free Cloud Infrastructure Software

KOLKATA, INDIA (GaeaTimes.com) — Cloud computing is at its best in 2010. It has emerged as the next level of computation. Cloud computing has set trends all over the world. The Mammoths in the industry are all providing clouds for services today. According to Gartner senior analyst Ben Pring, “It’s become the phrase du jour.” … Read the original article on Gaea Times at : Top 10 Free Cloud Infrastructure Software.

Twitter CEO celebrates, thanks Japan for dramatic growth for miniblog service

Twitter CEO celebrates dramatic growth in Japan

TOKYO – Twitter Chief Executive Evan Williams celebrated the dramatic growth of the microblogging service he co-founded at a dinner event Friday with 500 Japanese fans and promised to learn from them.
“We’ve come a long way in two years especially in Japan,” he told a cheering crowd at a …. Source  : Twitter CEO celebrates, thanks Japan for dramatic growth for miniblog service.

Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations

Verizon posts 2Q loss on costs of employee buyout
NEW YORK – Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers.
Excluding the severance costs and other items, earnings beat Wall Street expectations while revenue was slightly lower than …. Source  : Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations.

While FIFA stalls on technology, Premier League embraces it to improve player analysis

Premier League using technology for player ratings

LONDON – While FIFA talks of introducing technology to soccer, England’s Premier League has signed its first official technology partner in a move they hope helps further popularize the sport in the United States.
Cameras will be installed at every Premier League stadium to provide material for analysis by video … Read the original article on Gaea Times at : While FIFA stalls on technology, Premier League embraces it to improve player analysis.

YouTube, Vevo launch live concert series ‘Unstage,’ kicking off with Arcade Fire

Arcade Fire, John Legend to stream concerts live
NEW YORK – Within hours of most any concert, shaky and distorted footage of the show can be found online from front row or the balcony.
But online concert video has been steadily building toward live streaming, digital quality video and accompanying social media [..] Read the original article: here.

Western Digital shares fall on concerns about weaker 1Q demand for hard disk drives

Western Digital shares fall on weaker 1Q outlook

PHILADELPHIA – Shares of Western Digital Corp. fell Thursday after the hard disk drive maker warned that its fiscal first-quarter results will not meet expectations, a sign of slowing demand.
THE SPARK: While its fourth-quarter profit rose 35 percent on revenue gains, Western Digital warned that first-quarter revenue will … Read : Western Digital shares fall on concerns about weaker 1Q demand for hard disk drives.

Swimming with the dolphins helps Salesforce.com CEO make a splash in software industry

CEO Interview: Salesforce.com’s eclectic leader
SAN FRANCISCO – Whether he’s swimming with dolphins in the Pacific Ocean or drawing inspiration from rappers, Marc Benioff has broken the CEO mold while running Salesforce.com Inc. for the past decade.
Some of his antics seem calculated to make a point about the importance of daring to …. Original article on Gaea Times at  : Swimming with the dolphins helps Salesforce.com CEO make a splash in software industry.

Innovative programming vital for quality information dissemination: Soni

NEW DELHI – The Union Minister for Information and Broadcasting, Ambika Soni, on Thursday said that her ministry has redrawn its key policy parameters to ‘put people first’ and reach out to them effectively through innovative tools and processes.

Citing the example of digitalization of Doordarshan and AIR network, … Read more »»».

Xerox’s net income leaps 62 pct on ACS acquisition, company raises guidance and shares pop

Xerox earns soar following ACS buyout, shares pop
SAN FRANCISCO – Xerox Corp.’s net income jumped 62 percent in the second quarter as the company reaped the benefits of its $6 billion acquisition of outsourcer Affiliated Computer Services and notched strong printer sales.
Shares leapt 6 percent after the company raised its 2010 guidance.
The numbers, … Read this article on Gaea Times at : Xerox’s net income leaps 62 pct on ACS acquisition, company raises guidance and shares pop.

Qualcomm shares jump after 3rd-quarter results beat expectations

Qualcomm stock up after strong 3Q earnings report

NEW YORK – Shares of Qualcomm Inc. advanced Thursday after the wireless technology bellwether posted fiscal third-quarter earnings and revenue above Wall Street’s expectations.
THE SPARK: Qualcomm had disappointed investors in the first two quarters of its fiscal year as declining mobile phone prices ate into royalty payments the … Read the original article on Gaea Times at : Qualcomm shares jump after 3rd-quarter results beat expectations.

Internet security expert uses fictitious character to show risks of social networking

WASHINGTON – Internet security specialist Thomas Ryan, who invented the character of “Robin Sage,” has demonstrated some of the risks of social networking and will attend the ‘Black Hat Technical Security Conference’ in Las Vegas this month to share his findings in a presentation titled “Getting in Bed with Robin Sage.”

Ryan hopes his experiment …. Source  : Gaea News Network.

After Twitter, YouTube, British royals expand online presence with Flickr photo-share account

British royals expand online presence with Flickr
LONDON – These aren’t your average family snapshots.
Queen Elizabeth II is joining other proud parents starting Monday in showing off and sharing her photo albums – and those of the House of Windsor – on the online Flickr photo site.
The launch of the British Monarchy Flickr account … Original source on Gaea Times at : After Twitter, YouTube, British royals expand online presence with Flickr photo-share account.

Ten Ways for Software Developers to Interact with the Security Team

The?? IT consultancy firm Denim Group who develops security software and helps organizations to assess and lower the security risk, provides guidance to software development teams in terms of better collaboration with the security teams. Software Development teams are always in a rush to meet the deadline of a project. Although, functionality … Read this article on Gaea Times at : Ten Ways for Software Developers to Interact with the Security Team.

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