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 Biting the hand that feeds IT Copyright: Copyright 2008, Situation Publishing Thu, 24 Jul 2008 23:45:33 +0200 Send in the marinesWhen you report annual revenue of $60bn you'd expect Wall St would give a little credit where credit's due. Not take your stock price outside and rough it up.… Thu, 24 Jul 2008 20:47:28 +0200 Woo FCC with $19m in 'voluntary contributions'
Thu, 24 Jul 2008 16:02:03 +0200 Or whatever it isAnalysis When Google chief legal officer David Drummond testified before Congress last week, he didn't disappoint. He splattered Capitol Hill with the sort of shameless nonsense we've come to expect from Mountain View's number one huckster. In short, Drummond told all those Congresspeople that if Google is allowed to rule 90 per cent of the search advertising market, the web will be a better place for just about everyone - including advertisers.… Thu, 24 Jul 2008 13:51:13 +0200 Kevin Johnson is off to JuniperThe man who led Microsoft’s recent failed bid to buy Yahoo! is leaving the software giant after more than 15 years with the company.… Thu, 24 Jul 2008 00:34:20 +0200 'Bellwether we're not'Has Amazon noticed a drop in consumer confidence? Don't even ask the question.… Wed, 23 Jul 2008 23:49:58 +0200 Fights demands to spin VMwareStorage titan EMC enjoyed a solid second quarter this year, although you wouldn't guess it by the company's mournful outlook.… Wed, 23 Jul 2008 11:24:27 +0200 But keeping telly tech to themselvesToshiba and Panasonic are to together spend ¥15bn ($140m) to further develop OLED display technology. And they've formed a joint venture to handle the work.… Wed, 23 Jul 2008 02:07:45 +0200 Will offer ESXi for freeWall Street expectations have once again overshadowed VMware's financial results in its second fiscal quarter 2008.… Wed, 23 Jul 2008 01:17:56 +0200 Yang still smilingYahoo!'s profits took a significant tumble during its last fiscal quarter, falling 19 per cent from the same quarter last year. But CEO Jerry Yang says the company's health is pretty darn good considering the turmoil that's surrounded it since Ballmer came calling back in February.… Tue, 22 Jul 2008 13:14:19 +0200 Falling market shareLenovo saw shares fall more than five per cent today following a sale of the PC maker's shares.… Tue, 22 Jul 2008 10:01:19 +0200 Economic weaknessVodafone, the world's largest cellco, grew revenues to £9.1bn, up by nearly 20 per cent, or 1.7 per cent organic growth, in the three months ended 30 June 2008.… Tue, 22 Jul 2008 08:55:38 +0200 Playing with the big boys nowBrocade is to acquire Foundry Networks for $3bn in cash and stock. The storage networking vendor has secured a $1.5bn debt facility from Bank of America and Morgan Stanley to grease the purchase.… Tue, 22 Jul 2008 02:16:45 +0200 And Wall Street is peevedDuring its last fiscal quarter, Apple shipped a record 2.49 million Macs, and even if you ignore a decent chunk of its Jesus Phone sales, it nabbed a record $7.46bn in revenues. But in typically coy fashion, the company says it has low expectations for the quarter to come.… Mon, 21 Jul 2008 15:16:13 +0200 Counterfeit handbags at dawneBay is to pow-wow with luxury goods manufacturers which want the online tat bazaar to better police sales of fraudulent merchandise. The meeting, held in London on 28 July, brings together lawyers from eBay, along with representatives of luxury goods association the Walpole Group, which counts in its membership shoemaker Jimmy Choo.… Mon, 21 Jul 2008 15:01:18 +0200 No! more! letters!Microhoo! Yahoo! and Carl Icahn have agreed to settle their differences and call off their proxy battle for control of the company.… Sat, 19 Jul 2008 00:38:02 +0200 Heck of a job, Hector. We'll keep it up!Comment Normally, a succession plan is a good thing. You want the new CEO to slide into the old CEO's chair with an ease that says, "Our asses were molded by the same country club rib eyes and crème brûlées. Everything is under control."… Fri, 18 Jul 2008 04:35:47 +0200 Wall St slaps backTwo years after Microsoft rattled Wall St committing to spend millions against Google, the company's said it'll be at least another two years before investors see any return on the investment.… Fri, 18 Jul 2008 03:59:58 +0200 Sold outIBM has yet again shrugged off the global economic slowdown with second quarter profits leaping 22 per cent and revenues rising.… Fri, 18 Jul 2008 01:57:45 +0200 Sergey grabs the knobGoogle's ginormous second quarter profits didn't quite match Wall Street expectations, driving share prices down as much as 7 per cent in after hours trading. But it sounds like Sergey Brin will soon crank that big dial on the company's secret money machine, making everything A-OK in Q3.… Thu, 17 Jul 2008 23:42:09 +0200 Thanks for the, er, nightmaresAMD today hit Wall Street with a one-two punch. It lost a stunning $1.19bn during the second quarter. And it nudged Hector Ruiz out of the CEO role, replacing him with longtime planned successor Dirk Meyer, who has been President and COO.… Thu, 17 Jul 2008 14:17:09 +0200 Urges shareholders to see senseYahoo! has written another letter to shareholders making clear exactly how and when it would sell to Microsoft and why shareholders should definitely not vote for Carl Icahn and his proposed slate of board directors. It also suggests Yahoo! could sell its Asian business and return money to shareholders.… Thu, 17 Jul 2008 11:45:46 +0200 But is it for real?Microhoo Time Warner is still trying to flog AOL to either Yahoo! or Microsoft in the event that their on-off merger talks ending completely.… Thu, 17 Jul 2008 03:24:44 +0200 The Upside of Anger (DVD) - $3.99Despite a flagging economy - and some serious vitriol from longtime users across the globe - eBay is raking in serious dough.… Wed, 16 Jul 2008 21:34:30 +0200 Avoids prison for corruption chargesThe former chairman of the Samsung Group and one of South Korea's most powerful business leaders was given a stiff fine and sent on his way for corruption allegations.… Wed, 16 Jul 2008 01:11:16 +0200 Q2 a growerThe economy looks bleak as can be, but Intel doesn't care. The chip maker today reported a record second quarter haul and expects the good times to keep on rolling throughout the year.… Tue, 15 Jul 2008 22:38:12 +0200 Not as bad as you might have thoughtSun Microsystems has issued an early take on its fourth quarter financial results, showing sales figures that have declined from the same period last year.… Tue, 15 Jul 2008 21:30:01 +0200 Can the nerds save the economy?Comment Does anyone else remember when technology companies were propping up this economy?… Mon, 14 Jul 2008 16:54:04 +0200 Shareholders now unable to open front doorsYahoo! shareholders will be picking yet another letter from Carl Icahn off their doormats today, as his attempted takeover bid gets ever more bad-tempered.… Mon, 14 Jul 2008 13:13:11 +0200 Saturday night's alright for proxy fightingYahoo! rejected another takeover offer from Microsoft and Carl Icahn on Saturday after it was given less than 24 hours to respond to the joint offer.… Fri, 11 Jul 2008 17:31:45 +0200 From plucky upstart to just pluckedAMD has bitten the write-downs bullet and will take an $880m impairment charge on parts of its ATI Technologies acquisition in its second quarter results.… Fri, 11 Jul 2008 13:18:46 +0200 Scrambling for safetyThales, the French defence electronics firm, is buying hardware-based encryption specialist nCipher for around £50.7m ($100.3m). This works out at 300p a share, a 15 per cent premium of nCipher's closing price in London on Thursday and double Wednesday's closing price.… Fri, 11 Jul 2008 11:24:56 +0200 Aggregator Vtours ordered to stopRyanair has claimed a German court victory against a tour company it has accused of screen-scraping its website against its wishes. The airline said that Hamburg Regional Court has awarded it an injunction against Vtours.… Fri, 11 Jul 2008 01:45:23 +0200 Jobs returns to special diet in peaceThe US Justice Department has withdrawn its probe into illegal backdated stock options at Apple, and will not bring charges against Steve Jobs and other executives, according to reports.… Wed, 09 Jul 2008 13:11:55 +0200 Action likely on both sides of pondThe Securities and Exchange Commission probe into the ratings agencies - the firms which wrongly assessed how risky certain US mortgage-backed investments were - is calling for new rules to govern how the companies operate.… Tue, 08 Jul 2008 02:09:31 +0200 A pauper pokingCourt papers have told the world what it already knows: Facebook is not worth $15bn.… Mon, 07 Jul 2008 17:36:09 +0200 Raider would flip Yahoo! to BallmerMicrosoft confirmed today that it has been talking to Carl Icahn about possibly taking over Yahoo! should he succeed in ousting the board of directors.… Mon, 07 Jul 2008 14:02:22 +0200 Irregularities claimedWas BenQ Mobile insolvent in May 2006, long before it filed for liquidation? The company's insolvency administrator in Germany, Martin Prager, is preparing a multi-million euro lawsuit against Siemens in the belief that it was.… Mon, 07 Jul 2008 13:40:41 +0200 HMRC to appealVodafone has won a key ruling in its long-running battle with the UK government over a disputed £2.2bn tax bill.… Mon, 07 Jul 2008 11:12:41 +0200 And others...Yahoo! spent the holiday weekend locked in talks with Time Warner. The two are looking for a way to split Yahoo! up in order to fend off Microsoft's takeover attempt.… Fri, 04 Jul 2008 14:23:45 +0200 Like déjà vu all over againWall Street shut down for the long July 4 weekend pondering a puzzler. It emerged yesterday that Verisign CEO Bill Roper had suddenly quit the firm to be replaced by the firm's founder and chairman, Jim Bidzos.… Thu, 03 Jul 2008 02:56:07 +0200 The $200m laptop failure surpriseNvidia issued some somber news for shareholders today, revealing a financial forecast cut short due to slowing sales, a delayed ramp for new product, and a hefty payout due to faulty laptop chips.… Thu, 03 Jul 2008 02:29:08 +0200 He's a believer in pocket changeDell's rebirth as a technology juggernaut is well underway. Just ask Michael Dell.… Wed, 02 Jul 2008 15:41:03 +0200 You're retired?Sir Alan Sugar is leaving Amstrad a year after he sold the set-top box maker business to BSkyB.… Wed, 02 Jul 2008 10:54:45 +0200 While Microsoft seeks partners for renewed bidThe US Department of Justice is to open a formal investigation into Yahoo!'s partnership with Google, fearing it will reduce competition in the online advertising market.… Tue, 01 Jul 2008 23:47:04 +0200 Beats Google. Semantically speakingThe rumors were true. Microsoft is buying Powerset, the San Francisco-based semantic search startup.… Tue, 01 Jul 2008 21:16:13 +0200 Double ClickizationGoogle has bagged one affiliate network in favor of another.… Tue, 01 Jul 2008 12:53:30 +0200 What does $1bn get you these days?Today is the first day that Google can sell its stake in AOL, picked up in exchange for $1bn as part of a wider video and advertising partnership between the two signed in 2005.… Tue, 01 Jul 2008 02:42:05 +0200 Deal receives official 'meh'US regulators are letting Hewlett-Packard's planned $13.9bn purchase of computer services giant Electronic Data Systems (EDS) go through without much anti-trust fuss.… Mon, 30 Jun 2008 12:12:31 +0200 Shareholders asked for thumbs-upCable and Wireless has increased its offer for smaller rival telco Thus Group, as it bids to gain weight for its battles against BT for big business contracts.… Fri, 27 Jun 2008 15:22:35 +0200 Better-known brand adoptedCome October and Matsushita will be officially called Panasonic, formalising a name the company's used for years and is arguably better known as.… |
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