Technology News

Google's 35 Percent Profit Jump Saddens Wall St.

Source: PC Magazine
July 18, 2008

SAN FRANCISCO, July 17 (Reuters) - Google Inc reported a weaker-than-expected 35 percent rise in quarterly net profit due to lower interest income and higher expenses for foreign currency hedges, driving its shares down 7 percent on Thursday. While other Internet companies have been suffering from a weakening U.S. economy, Wall Street has come to count on Google to deliver positive revenue and earnings surprises over and above consensus expectations each quarter. “It's hard to love the numbers," said Colin ...

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Apple Climbs into Third Place in U.S. PC Market

Source: PC Magazine
July 17, 2008

Apple Computer again cracked the top three in U.S. PC sales for the third quarter, according to surveys released Wednesday by both Gartner and IDC. Worldwide, Apple didn't make the top five PC vendors, according to both firms. But within the U.S., IDC estimated that Apple finished in a virtual dead heat with Acer for third place, just 2,000 units behind the Asian PC maker. Gartner, meanwhile, said that Apple took the third-place spot outright, topping Acer by 65,000 PCs ...

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New Dish HD Satellite Launches

Source: PC Magazine
July 17, 2008

NEW YORK, July 16 (Reuters) - DISH Network Corp's plans to roll out more high definition video channels received a boost in the early hours of Wednesday after the successful launch of its EchoStar XI broadcast satellite. DISH, the second-largest U.S. satellite TV operator, needs to roll out more HD channels to be able to compete with larger rival DIRECTV Group as well as cable and phone companies' video services. The Denver, Colorado-based company's HD plans were set back in ...

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Samsung Unveils Four New Compact Cameras

Source: PC Magazine
July 17, 2008

Four point-and-shoot models from Samsung feature advanced abilities, such as high-definition output to HDTVs, HD video capture, and even music and video playback via the iPod. Samsung on Wednesday unleashed four slick, compact cameras. Not to be outdone by the likes of Sony, these fresh point-and-shoots boast plenty of interesting features that are sure to make consumers stand up and take notice. For instance, these new cams include high-definition output to HDTVs, HD video capture, large touch screens, and even ...

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Univeristy Idaho Jazz Collection Online

Source: All About Jazz
July 16, 2008

The University of Idaho's International Jazz Collection is now available online.

A newly launched web site by the university's library is set up to make the collection available to students, scholars or jazz buffs world wide. Portions of the web site are still under construction. Library officials and Michael Tarabulski, archivist of the university's international jazz collection, say they intend to provide periodic updates with new materials. The collection is the leading jazz history archive in the Pacific Northwest and ...

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NEC Commits to Price War in Blu-Ray Market

Source: PC Magazine
July 16, 2008

TOKYO (Reuters) - Japan's NEC Electronics Corp said on Tuesday it expects to double sales of its Blu-ray products in the next two years by matching steep price falls hitting its clients, manufacturers of DVD players. NEC Electronics, which competes with Matsushita Electric Industrial Co, Broadcom Corp and Sigma Designs Inc, aims to take over half the global Blu-ray chip market by March 2011 from an expected 40 percent at the end of March 2009. By pushing the world's first ...

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Viacom Decides It Doesn't Need Youtube Histories

Source: PC Magazine
July 16, 2008

Viacom has backed off a request to gain access to all YouTube user histories after public outcry over privacy concerns, according to a YouTube blog post. “We are pleased to report that Viacom, MTV and other litigants have backed off their original demand for all users' viewing histories and we will not be providing that information," YouTube said in a statement. Earlier this month, Judge Louis Stanton with the U.S. District Court for Southern New York ruled that Google must ...

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Microsoft-Google-Yahoo Squabble Plays out in Senate

Source: PC Magazine
July 16, 2008

Microsoft, Google, and Yahoo clashed Tuesday during a contentious Senate hearing that saw Yahoo and Google vigorously defend their ad partnership as healthy competition, while Yahoo slammed Microsoft's continued efforts to acquire Yahoo. “This is a commercial arrangement between two companies who will remain autonomous and compete aggressively in search and display advertising, mobile, news, e-mail, finance you name it," Michael Callahan, Yahoo's general counsel, told the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. “Yahoo is here ...

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