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Increasing the security of eBay's massive and growing auction and sales platform will be a top priority during 2007, according to company executives The recent announcement of an enhanced password program for PayPal users is just one example of a larger effort to curtail phishing and fraud at the auction site....
Fierce price competition in the computer chip sector caused market leader Intel to see far lower profits in the fourth quarter, even though sales were up strongly Intel said Wednesday that revenue for the quarter was US$9.7 billion, 5 percent below the same quarter a year ago but up 11 percent from the third quarter....
The creators of the peer-to-peer VoIP network Skype and the controversial file-sharing site Kazaa have unveiled their latest startup: Joost, an Internet TV company that they claim will revolutionize Internet-based television Janus Friis and Niklas Zennstrom formally announced Joost Tuesday, after months of speculation about the duo's latest creatio...
Hoping to keep itself relevant as more consumers seek video on demand via the Internet, Netflix launched a Web initiative Tuesday that gives subscribers the option of downloading and instantly watching movies online The company will roll out the service to subscribers over the next six months. Users will be given access to a certain amount of downl...
Intending to boost consumer confidence in its online payment system -- and to thwart the scourge of phishing attacks aimed at its users -- eBay's PayPal will begin offering customers the option of using a password-generating device to beef up security The system will use a key fob, known as the PayPal Security Key, an electronic key that can be cli...
Utilizing a little known Pentagon power, the military and the CIA are obtaining and scrutinizing the banking and credit records of Americans in their search for terrorist and spying suspects Officials confirmed over the weekend that the practice of using "national security letters" to obtain financial records has been taking place. High-ranking mem...
A group founded to develop and distribute ultra low-cost computers to children in developing countries is mulling possible commercial outlets for their machines, including using eBay as an inexpensive sales channel The One Laptop Per Child (OLPC) project, the brain child of Nicholas Negroponte, hopes to ship as many as 5 million of the low-priced n...
Advanced Micro Devices, the world's second-largest microprocessor maker, warned Thursday that its fourth quarter results would come in below previous expectations. The news sent the company's shares spiraling and raised questions regarding the overall strength of the technology sector AMD said revenue would come in at around US$1.33 billion for th...
Three months after being sued by Transmeta for patent infringement, Intel fired back at the smaller chipmaker this week, filing a countersuit that claims Transmeta is using up to seven of Intel's patented technologies without permission Transmeta sued Intel in October, filing an action in U.S. District Court in Delaware that claimed the chip giant ...
Shares of Sprint Nextel plunged Tuesday after the wireless company warned that its growth for the current year would not meet earlier forecasts. The company also said it planned to slash 5,000 jobs from its payroll Sprint's warning suggests the company has not yet realized the benefits it had hoped for when it merged Sprint and Nextel in a US$36 b...
With sales up more than 20 percent, more e-commerce outlets than ever before and relatively few high-profile snafus compared to previous years, the holiday season of 2006 might be seen as an unqualified success A closer look, however, reveals both winners and losers in what was a blockbuster holiday shopping season overall. Some winners went with t...
RealNetworks Monday unveiled a slew of partnerships aimed at competing with the likes of Apple and Microsoft to deliver digital content to multiple devices. The announcements came amid a frenzy of product releases from technology giants as the annual International Consumer Electronics Show (CES) got under way in Las Vegas Real announced a deal to ...
NCR, the world's largest maker of automatic teller machines, said Monday it planned to split itself into two independent public companies by spinning off its fast-growing Teradata Data Warehousing unit NCR will split by giving shares in the new, stand-alone Teradata to existing NCR shareholders. The remainder of NCR will focus on its core business ...
XM Satellite Radio said Friday it added 1.7 million new subscribers during 2006, giving it some 7.6 million subscribers as it continues to lead rival Sirius (Nasdaq: SIRI) in terms of total customers The company said it added approximately 442,000 new subscribers in the fourth quarter, a key time of the year for the satellite providers as holiday s...
Possibly signaling an end to a period of mostly feel-good news for the wireless handset industry, Motorola on Friday said it would fall short of fourth quarter forecasts for sales and profits, leading to speculation that a price war may be in the offing Motorola said the deficiency was being attributed entirely to shortfalls in its mobile device se...
E-tailers rode a strong holiday season to record-smashing sales for 2006, with revenue topping US$100 billion for the first time, according to the latest data from comScore Networks The report said retail spending reached $102.1 billion for all of 2006, a 24 percent increase over 2005 Web spending levels. Sales during the end-of-year holiday season...
In a bid to further broaden its product offerings beyond core Internet gear, Cisco Systems said Thursday it would buy security software maker IronPort in a deal valued at US$830 million Cisco said the cash-and-stock purchase would enable it to extend its "self-defending network" approach to include protections against spam, spyware and other threat...
A U.S. foundation that helps companies commercialize technology has filed a patent lawsuit against some of the largest wireless device makers in the world, claiming they are using infringing Bluetooth microprocessors made by a UK-based firm The suit, filed by the Seattle-based Washington Research Foundation, targets Nokia, Samsung and Panasonic. Th...
Worldwide sales of semiconductors reached US$22.7 billion in November, an increase of 11.3 percent from the $20.4 billion in sales recorded during the same month in 2005, the Semiconductor Industry Association (SIA) announced Tuesday For the fifth straight month, the industry has set new sales benchmarks as demand for consumer electronics and PCs r...
The new year brings another new AT&T, with the company having completed the largest merger in telecom industry history just before the page turned on 2007. Now the telecom giant is eyeing wireless and advertising across multiple platforms as the engines of future growth AT&T has long held that the prize of the BellSouth buy was the remaining owners...

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