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Smartphone competition to bite in 2010 after Q4 boom

HELSINKI (Reuters) – Booming demand for new, cheaper smartphones helped fuel a recovery in the overall handset market late last year, but rivalry for a piece of this lucrative business will turn fierce in 2010 as many new vendors enter the market.

[ More ] February 1st, 2010 | No Comments | Posted in Technology |

Redesigned IBM exhibit opens at Disney World

ORLANDO, Florida (Reuters) – A redesigned IBM exhibit called “Smarter Planet” opened on Friday at Walt Disney World near Orlando, bolstering IBM’s 14-month-old campaign to rebrand itself as a company that provides global software solutions as well as i…

[ More ] January 30th, 2010 | No Comments | Posted in Technology |
 

Nokia, Motorola win smartphone share; outlook weighs

HELSINKI/NEW YORK (Reuters) – Nokia and Motorola Inc are regaining some market share in smartphones but while Nokia has profited from the gains, Motorola predicted a loss in the current quarter.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

Amazon blows by estimates, sees strong first quarter

SAN FRANCISCO (Reuters) – Amazon.com Inc blew past analysts’ profit estimates in its closely watched holiday quarter and forecast revenue for early 2010 that topped already-high Wall Street expectations.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |
 

Microsoft profit beats on strong Windows 7 sales

SEATTLE (Reuters) – Microsoft Corp posted a bigger-than-expected 60 percent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

Samsung Elec bullish on TV, chip demand

SEOUL (Reuters) – Samsung Electronics expects rapidly recovering demand for its premium computer memory chips and flat screen TVs to drive growth this year, with the unwinding of global stimulus measures the key risk for sales.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |
 

Oracle claims firm stole its intellectual property

SAN FRANCISCO (Reuters) – Oracle Corp has filed a suit against a little known rival that provides low-cost software maintenance services, in a case similar to one that Oracle is fighting against rival SAP AG.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

Painful Wii price cut keeps Nintendo in the game

TOKYO (Reuters) – Games maker Nintendo showed greater than expected resilience in its battle for market share last quarter thanks in part to a 20 percent price cut on its Wii product that sliced into profits.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

AT&T profit rises 26 percent, plans more spending

NEW YORK (Reuters) – U.S. consumers’ obsession with using smartphones to find restaurants, surf the web and navigate city streets helped propel a 26 percent rise in AT&T’s quarterly profit — but at a cost for the operator.

[ More ] January 29th, 2010 | No Comments | Posted in Technology |

Apple pitches $499 iPad, takes on Amazon

SAN FRANCISCO (Reuters) – Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.

[ More ] January 28th, 2010 | No Comments | Posted in Technology |