Archive for the “Technology” Category
Full Story at msnbc.com
LOS ANGELES – Hard-working Barbie is adding two more careers to her long resume — news anchor and computer engineer.
The two new ventures for the world’s most popular fashion doll were chosen for the first time by the public, who cast more than 500,000 votes to select Barbie’s 125th and 126th careers, toymaker Mattel said on Friday.
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Full Story at news.yahoo.com
SEATTLE – Boeing Co.’s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 mph, the company said.
At 250 feet long, the plane is the largest Boeing has ever built and about 18 feet longer than the existing 747-400 jumbo jet. The company conducted taxi tests on the freighter Saturday at Paine Field in Everett, north of Seattle.
“Based on early indications, the airplane is ready to fly,” said Mo Yahyavi, the 747 program’s vice president and general manager.
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Full Story at msnbc.com
NEW YORK – What would the holidays be without bickering between siblings? AT&T and Verizon are swamping TV with ads attacking facets of each other’s wireless networks. While the ads stick fairly close to the truth, there’s a lot they don’t say.
AT&T Inc. has been running ads with actor Luke Wilson checking off points in AT&T’s favor over Verizon Wireless. It’s the continuation of a spat that started a month ago, when Verizon started airing cheeky commercials that highlighted how its fast, third-generation (”3G”) network has wider coverage than AT&T’s 3G system.
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Full Story atBrainstorm Tech.blogs.fortune.cnn.com
Broadpoint AmTech’s Brian Marshall, who has replaced Piper Jaffray’s Gene Munster as the most bullish of the mainstream Apple analysts, made several assertions of fact in an Bloomberg TV interview Friday that — if true — struck me as newsworthy. Chief among them:
* The contract that gives AT&T (T) exclusive access in the U.S. to Apple’s (AAPL) iPhone expires in June 2010. * Apple is now getting a $450 subsidy from AT&T for each iPhone it sells; after June, that subsidy will be reduced to $300 for all carriers, domestic and international. * The 4% of AT&T subscribers who use the iPhone consume roughly 40% of the network’s bandwidth.
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Full Story at CBS News.com
(AP) Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit settlement that addresses objections of antitrust regulators.
The offer comes two months after the U.S. Justice Department balked at Google’s original agreement with authors and publishers, warning the arrangement could do more harm than good in the emerging market for electronic books.
Google Inc. is hoping to keep the deal alive with a series of new provisions. Among other things, the modified agreement provides more flexibility to offer discounts on electronic books and promises to make it easier for others to resell access to a digital index of books covered in the settlement.
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Full Story at money.cnn.com
NEW YORK (CNNMoney.com) — Google said Monday that it plans to pay $750 million in stock for AdMob, a company that provides display advertising technology for mobile Internet sites.
The search giant said the acquisition will help the company’s advertising partners improve how they target mobile Web users, as well as refine advertising formats to get end-users to click on more ads. All of that will ultimately help advertisers to more effectively monetize their mobile ads, said Google.
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Full Story at brainstormtech.blogs.fortune.cnn.com
College students who took advantage of a “deal too sweet to pass up” have run into a bit of trouble.
The $29 electronic version of Windows 7 Home Edition sold for Microsoft (MSFT) through Digital River (DRIV) doesn’t seem to install properly on some 32-bit Vista machines.
Apparently the download files weren’t properly packaged and when some users tried to “unload the box” they got an error that read:
“We are unable to create or save new files in the folder in which this application was downloaded”
A discussion thread with that title was begun on Microsoft Answers’ Windows 7 install forum less than 3 hours after the new operating system launched. By Saturday morning it had generated more than 500 replies and been read nearly 44,000 times.
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Full Story atmoney.cnn.com
NEW YORK (CNNMoney.com) — Microsoft Corp.’s stock soared early Friday after the software giant reported quarterly sales and profit that fell from year-ago results but easily beat Wall Street’s forecasts.
Shares of Microsoft (MSFT, Fortune 500) rose more than 10% in early trading. It surged as high as $29.35 at the open, hitting its highest level, on an intraday basis, since June 13, 2008.
The Redmond, Wash.-based software giant said its first-quarter net income fell 18% to $3.6 billion, or 40 cents per share, for the period ended Sept. 30. Analysts polled by Thomson Reuters were expecting earnings of 32 cents per share.
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Full Story at money.cnn.com
NEW YORK (CNNMoney.com) — Computer maker Dell announced on Wednesday that it will close a plant in Winston-Salem, N.C., and will cut 905 jobs as a result.
Dell said that 600 plant workers will be laid off in November, and the remaining 305 employees will be cut by January 2010, when the plant is scheduled to close. The cuts represent about 1% of the company’s 78,900 employees.
“This is a difficult decision, especially for our North Carolina colleagues, but a necessary one for Dell customers and our company,” said Frank Miller, vice president of Dell, in a statement. “The efforts of our team members there have been significant and we’re committed to helping them through their transition.”
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Full Story at msnbc.com
Vimal Patel was studying for a master’s in business administration in London when he saw an advertisement for work in the U.S. The ad offered a job in the tech industry, as well as sponsorship for the kind of work visa that allows foreign nationals to take professional-level jobs in the country. So Patel applied and paid his prospective employer, Cygate Software & Consulting, in Edison, N.J., thousands of dollars in up-front fees. But when Patel arrived, Cygate had no tech job for him. He ended up working at a gas station, and Cygate nevertheless took a chunk of his wages for years, according to documents in a criminal case against Cygate.
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Full Story at money.cnn.com
WASHINGTON (Reuters) – U.S. securities regulators proposed Thursday a ban on flash orders that stock exchanges send to a select group of traders, fractions of a second before revealing them publicly.
The Securities and Exchange Commission is seeking to end the practice criticized for giving an unfair advantage to some market participants who have lightning-fast computer trading software.
Nasdaq OMX’s Nasdaq Stock Market and privately-held BATS Exchange recently canceled their flash services that disclosed buy and sell orders to specific trading firms before sending them to the wider market.
NYSE Euronext’s New York Stock Exchange did not adopt the flashes under scrutiny but major alternative venue Direct Edge still offers flashes.
The SEC will put its proposal out for public comment for 60 days, and will later schedule a meeting to decide whether to adopt the proposal.
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Full Story atstanleybing.blogs.fortune.cnn.com
The massive machinery of the tech business is mobilizing against a common adversary. That’s right, in spite of all it’s done to transform our world and define free, open digital space, nobody in the business seems to like the Goog (GOOG). In fact, the operators of the Death Star in Redmond (MSFT) have reportedly taken the point on a new “screw Google” strategy that they are rolling out in Washington.
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