PayPal hopes to make it easier to purchase low-cost digital goods on the Web

PayPal hopes to make micropayments easier online
SAN FRANCISCO – PayPal wants to make it easier to buy low-cost digital goods online, whether it’s a single article on a news website or virtual items in a video game.
Scott Thompson, the online payment service’s president, said Thursday that PayPal plans to roll out a payment …. Source  : Gaea News Network.

Telestone shares fall after 2nd-quarter results show net income falling

Telestone shares fall on 2Q earnings
NEW YORK – Shares were pummeled in Chinese wireless network gear-maker Telestone Technologies Corp., which on Thursday reported lower second-quarter profits as rising costs for training its sales staff offset higher revenue.

Net income in the three months to June 30 fell 13 percent to $1.7 million, or 16 cents per …. Source  : Telestone shares fall after 2nd-quarter results show net income falling.

CA Technologies acquires cloud computing, virtualization group 4Base for undisclosed amount

CA acquires 4Base for undisclosed amount
ISLANDIA, N.Y. – Business management software company CA Technologies, formerly known as CA Inc., said Thursday it acquired a privately held virtualization and cloud computing consultancy for an undisclosed amount.

CA said it acquired 4Base Technology, a Sunnyvale, Calif.-based company that helps corporate and public-sector clients shift from buying and maintaining …. Original article  : CA Technologies acquires cloud computing, virtualization group 4Base for undisclosed amount.

L-3 Communications gets $255.3 million US Army contract for night vision goggles technology

L-3 Communications gets $255.3M US Army contract

SEATTLE – Defense contractor L-3 Communications Holdings Inc. received a $255.3 million Army contract for 220 enhanced night vision goggles test articles and associated contracts date requirement lists.
The Defense Department said Thursday that L-3’s Insight Technology, which it acquired in February, will perform the work in Londonderry, N.H.
Work is … Read more >>.

Oracle sues Google, says Android infringes on Java patents

Oracle sues Google for patent infringement
REDWOOD SHORES, Calif. – Oracle Corp. has filed a patent-infringement lawsuit against Google Inc.
Oracle says Google’s Android system for mobile phones infringes on its patented Java technology.
Google says it can’t comment because it hasn’t reviewed the lawsuit.
Oracle makes database software and other technology. Java is a computer programming … Read more »»».

NPD: US video game retail sales slide 1 percent to $846.5 million

July video game retail sales inch 1 percent lower
NEW YORK – U.S. retail sales of video game systems, software and accessories slipped 1 percent in July according to market researcher NPD Group. A lackluster summer game launch schedule partly offset strong sales of the Xbox 360.
Total industry sales slid to $846.5 … Read more : NPD: US video game retail sales slide 1 percent to $846.5 million.

Kan. GOP congressional candidate apologizes for linking to racist blog attacking Dem. opponent

Kan. GOP candidate’s campaign links to racist blog
WICHITA, Kan. – Republican congressional candidate Mike Pompeo apologized Thursday after his campaign posted on its Twitter feed and Facebook page a link to a blog that uses a racial slur to refer to his Democratic opponent and calls President Barack … Original source on Gaea Times at : Kan. GOP congressional candidate apologizes for linking to racist blog attacking Dem. opponent.

Google adds more voice commands to make Android-powered phones even smarter, more convenient

Google amplifies voice commands for Android phones
SAN FRANCISCO – Just because mobile phones are becoming more like small computers doesn’t mean you should have to do a lot of typing on them.
That’s the thinking behind the latest update to Google Inc.’s popular Android software for mobile phones.
The latest version of Android 2.2, released … Read : Google adds more voice commands to make Android-powered phones even smarter, more convenient.

Bally Technologies says CFO Caller to retire, will be replaced by accounting chief Davidson

Bally Technologies names accounting chief new CFO

LAS VEGAS – Gaming equipment maker Bally Technologies Inc. said Thursday that Chief Financial Officer Robert Caller is retiring and will be succeeded by Chief Accounting Officer Neil Davidson.
Caller will continue to assist the company under a long-term consulting agreement.
Davidson, 39, joined Bally in 2006. He worked directly for …. Read the original article  : Bally Technologies says CFO Caller to retire, will be replaced by accounting chief Davidson.

Bally Technologies 4th-quarter net income jumps 54 percent, boosted by sale of Miss. casino

Bally Technologies 4Q net income jumps 54 percent

LAS VEGAS – Gaming equipment maker Bally Technologies Inc. said Thursday its fiscal fourth-quarter net income jumped 54 percent, helped by a gain on the sale of a casino.
But excluding the gain, Bally’s results missed analysts’ expectations as did its 2011 profit outlook. Investors sent shares lower after … Read the original article on Gaea Times at : Bally Technologies 4th-quarter net income jumps 54 percent, boosted by sale of Miss. casino.

Next up from creators of original ‘BioShock’ is ‘Infinite,’ but not until 2012

Next from Irrational Games: ‘BioShock: Infinite’
NEW YORK – The game studio behind the original “BioShock” is coming out with another follow-up to the award-winning, wildly popular 2007 horror shooter – but not until 2012.
While Irrational Games’ original “BioShock” was set in an underwater metropolis called Rapture, “BioShock: Infinite” takes place in Columbia, a … Read more : Next up from creators of original ‘BioShock’ is ‘Infinite,’ but not until 2012.

Reporters Without Borders slams WikiLeaks, says group showed ‘incredible irresponsibility’

Reporters Without Borders: WikiLeaks was reckless

LONDON – Reporters Without Borders has criticized WikiLeaks, saying the group showed “incredible irresponsibility” in publishing the secret Afghan war documents.
The international media watchdog said Thursday that while the whistleblower group had often played a useful role, revealing the identity of Afghan informants “is highly dangerous.”
WikiLeaks has come under pressure …. Original article on Gaea Times at  : Reporters Without Borders slams WikiLeaks, says group showed ‘incredible irresponsibility’.

Sprint loses Packingham, its product development leader at front of the 4G smart phone wave

Sprint executive leading 4G phone charge to leave
SEATTLE – Wireless carrier Sprint Nextel Corp. said Thursday that one of its top product development veterans is leaving the company.
Kevin Packingham, senior vice president of product and technology development, has been with Sprint since 1999. His last day will be Aug. 16, according to …. Source  : Sprint loses Packingham, its product development leader at front of the 4G smart phone wave.

MySpace Music unwraps ‘Romeo’ video app with slider control to capture your mood

MySpace Music unveils ‘Romeo’ video app
LOS ANGELES – MySpace is further defining itself as a place to find music rather than a catchall social networking site as it launched on Thursday a music video player that plays random videos to match users’ mood.
The MySpace Music Romeo application lets users select from 15 genres … Read more »».

Cisco shares sink as tech bellwether sees slowdown; sales forecast falls short

Cisco shares sink as tech bellwether sees slowdown

NEW YORK – Shares of Cisco Systems Inc. slid Thursday after the world’s biggest provider of networking gear warned of a slowdown in technology spending.
Cisco CEO John Chambers told analysts Wednesday that the company is getting “mixed signals” from customers. The company’s sales forecast for the quarter ending …. Source article  : Cisco shares sink as tech bellwether sees slowdown; sales forecast falls short.

WikiLeaks spokesman: We’re preparing to release the 15,000 remaining Afghan intelligence files

WikiLeaks preparing to release more Afghan files
LONDON – WikiLeaks spokesman Julian Assange said Thursday his organization is preparing to release the rest of the secret Afghan war documents it has on file. The Pentagon warned that would be even more damaging than the organization’s initial release of some 76,000 war files.
That extraordinary disclosure, …. Read the original article  : here.

Ebay shares up after analyst upgrades on strong PayPal results, stabilization in marketplaces

Ebay shares up, analyst sees ecommerce steadying

SEATTLE – Shares of eBay Inc. rose Thursday with one analyst upgrading the stock, citing strong profits from eBay’s PayPal division and signs that its online shopping business is improving.
THE SPARK: Ebay’s sales stabilized in July, compared with a year ago, Citigroup analyst Mark Mahaney said in a research … Read more »».

IG review says FAA computer systems vulnerable to cyberattacks; upgrades planned

FAA computers still vulnerable to cyberattack

WASHINGTON – Federal Aviation Administration computer systems remain vulnerable to cyber attacks despite improvements at a number of key radar facilities in the past year, according to a new government review.
The Department of Transportation’s Inspector General said while the FAA has taken steps to install more sophisticated systems to detect …. Source  : Gaea News Network.

Twitter tries make it easier to share Web links with new tool that tweets with press of button

Twitter hoping people will press its tweet button
SAN FRANCISCO – Tweeting your favorite stories may be getting a little easier.
Twitter introduced Thursday a “tweet” button that websites can place alongside their content. The button serves as an invitation to Twitter’s legion of users to share what they’re reading without having to copy and … Read this article on Gaea Times at : Twitter tries make it easier to share Web links with new tool that tweets with press of button.

Kohl’s net income rises on better revenue; company trims top end of yearly outlook

Kohl’s 2Q net income rises, but outlook less rosy

NEW YORK – Kohl’s Corp. second-quarter net income rose nearly 14 percent as the moderate-price department store chain continued to draw more shoppers from rivals for its exclusive fashions, but job worries are making customers spend less per visit.
Kohl’s trimmed the top end of its yearly outlook … Original article on : Kohl’s net income rises on better revenue; company trims top end of yearly outlook.