Business news

New US government website tracks IT spending

Technology / Business

Jul 01, 2009 | 1 / 5 (1) | 1

President Barack Obama's chief information officer unveiled a new website on Tuesday which tracks the more than 70 billion dollars in annual information technology (IT) spending by federal agencies.

Corning raises 2Q glass volume forecast again

Technology / Business

Jun 30, 2009 | not rated yet | 0

(AP) -- Specialty glass maker Corning Inc. said Tuesday it is getting a big lift from rising sales of flat-screen televisions, most notably in China.

Report: Worst may be over for US tech market

Technology / Business

Jun 30, 2009 | not rated yet | 0

(AP) -- As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.

Judge finds Dell Inc. in contempt

Technology / Business

Jun 25, 2009 | not rated yet | 0

(AP) -- A state court judge has found Dell Inc. in contempt of court for what the plaintiffs have alleged to be piecemeal production of documents in a civil lawsuit over the New Orleans crime camera system.

Jobs appears closer to returning to work at Apple

Technology / Business

Jun 24, 2009 | 3 / 5 (1) | 0

(AP) -- Apple co-founder and CEO Steve Jobs appears to be a step closer to returning to work, as a doctor gave him an "excellent prognosis" after receiving a liver transplant at a Tennessee hospital.

Memphis hospital confirms Jobs liver transplant

Technology / Business

Jun 24, 2009 | 3 / 5 (1) | 0

(AP) -- Apple co-founder and CEO Steve Jobs has an "excellent prognosis" after receiving a liver transplant at a Tennessee hospital, a doctor confirmed Tuesday.

Intel, Nokia work on new pocket computer project

Technology / Business

Jun 23, 2009 | 5 / 5 (1) | 0

Intel Corp. and Nokia Corp. said Tuesday they're joining forces to build better technology for smart phones and other mobile Internet devices.

Oracle tops forecasts despite sales, profit dip

Technology / Business

Jun 23, 2009 | 1 / 5 (1) | 0

(AP) -- Software maker Oracle Corp.'s results topped Wall Street's forecast for the latest quarter Tuesday, despite a 5 percent drop in sales and a 7 percent decline in profit.

Kodak taking Kodachrome away

Technology / Business

Jun 22, 2009 | not rated yet | 0

Kodak is taking Kodachrome away. More than 35 years after Paul Simon immortalized the color film in song, the company announced on Monday that it would be ending production of Kodachrome.

Business 101: Must Apple discuss CEO Jobs' health?

Technology / Business

Jun 22, 2009 | not rated yet | 0

(AP) -- This week, Apple Inc. wasn't shy about touting the sales of its latest mobile device. But the company didn't say anything confirming reports from over the weekend that co-founder and CEO Steve Jobs had a liver transplant ...

Taiwan's AU Optronics, China firm to set up joint venture

Technology / Business

Jun 22, 2009 | 4 / 5 (1) | 0

Taiwan's AU Optronics Corp said Monday it would set up a flat panel display joint venture with China's Sichuan Changhong Electric Co as it tries to tap the huge Chinese market.

Apple fans are prepared for a part-time Jobs

Technology / Business

Jun 22, 2009 | 3 / 5 (1) | 0

(AP) -- Five and a half months ago, word that Steve Jobs would only work part-time as he recovered from a liver transplant would have sent investors into a selling frenzy, so closely linked was Apple's charismatic ...

Japan plans WTO complaint on SKorea battery rule

Technology / Business

Jun 22, 2009 | not rated yet | 1

Japan is set to complain to the WTO this week over a South Korean plan to tighten safety regulations on lithium-ion batteries, accusing Seoul of protectionism, a report has said.

Redbox's machines take on Netflix's red envelopes

Technology / Business

Jun 20, 2009 | 5 / 5 (1) | 1

(AP) -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something ...

Apple CEO gets liver transplant: report

Technology / Business

Jun 20, 2009 | 3.8 / 5 (4) | 1

Apple chief executive Steve Jobs, on medical leave since January for treatment of an undisclosed condition, received a liver transplant about two months ago in Tennessee, The Wall Street Journal reported ...

Nortel to sell itself off in pieces

Technology / Business

Jun 20, 2009 | not rated yet | 1

(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.

RIM 1Q profit tops view, shares wobble on outlook

Technology / Business

Jun 19, 2009 | not rated yet | 0

(AP) -- BlackBerry maker Research in Motion Ltd. on Thursday reported a better-than-expected 33 percent jump in first-quarter profit as the company continues to boost market share among non-corporate customers.

Special effects outsourcing grows in India

Technology / Business

Jun 18, 2009 | 4 / 5 (2) | 0

(AP) -- Outsourcing to India, long dominated by software engineering and back-office work, is expanding in new terrain: special effects for movies.