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Betting that consumer demand for high-end electronics devices such as plasma TVs and digital cameras will continue to surge, Sharp and Fujitsu each announced major investments that will result in manufacturing capacity being quickly brought up to speed Sharp said it would spend about US$1.75 billion to expand its ability to crank out liquid crystal...
Tucked away inside the wave of enthusiasm over the strong 2005 holiday shopping season -- which saw sales exceed forecasts while shoppers expanded their buying to new categories -- is a slight complication that could trip up some retailers hoping to turn those great sales into great profits One of the big drivers of online shopping was free shippin...
Seeking to buy its way to a stronger position in the emerging video search and download marketplace, America Online said it would acquire video search firm Truveo, Inc Terms of the deal -- AOL's fifth acquisition in a year -- were not disclosed. Truveo, which is privately held, was founded in January of 2004 and launched its video search technology...
Media mogul Rupert Murdoch, who spent much of 2005 buying up Internet properties, may be poised to invest as much as US$1 billion into developing high-speed wireless Internet connectivity through the DirecTV division of News Corp The DirecTV effort, which Murdoch said it would reveal in full in coming weeks, is part of a larger strategy for News Co...
The last week of 2005 brought dizzying levels of digital downloads, as owners of newMP3 players rushed to fill those devices with music, and recipients of gift cards from top sites hurried to cash in their chits Nielsen SoundScan said 20 million tracks were downloaded during the week between Christmas and New Year's Day, which more than doubled the...
In a bid to provide more services to mid-sized enterprises in the United States, UK-based Sage Group said it will acquire Verus Financial Management for US$325 million in cash Verus, a Nashville, Tenn.-based division of Financial Technology Ventures, specializes in providing credit-card and check processing services to small and mid-sized enterpris...
Microsoft has pulled a well-known Chinese blogger's site off the Internet -- a dramatic reminder that doing business in the booming Chinese economy comes with significant strings attached Microsoft removed the blog of Chinese journalist Zhao Jing from its MSN Spaces service at the end of December, saying that it was complying with the country's law...
In a move that could save it billions of dollars, IBM said it would freeze its pension plan within two years and shift more employees to beefed-up 401(k) programs Big Blue said the shift was part of a "global strategy" of shifting retirement benefits to "the more predictable cost structure" of a 401(k)....
The New Year has quickly brought new efforts by satellite radio providers XM Satellite and Sirius to win subscribers and grab market share in the rapidly emerging business XM used the Consumer Electronics Show to roll out several new products, including hand-held radio players meant to make it easier for listeners to carry their satellite radio wit...
Computer security software firm McAfee has agreed to pay a US$50 million fine to the Securities and Exchange Commission (SEC) in order to settle charges that it pumped up revenue and earnings during the dot-com craze The fine will help McAfee settle charges that it exaggerated both sales and earnings figures by hundreds of millions of dollars betwe...
While much hype has centered on the Xbox 360 gaming console this holiday season, Nintendo grabbed a significant piece of the gaming thunder this year as well, with the company reporting that it has sold some four million of its handheld Nintendo DS devices in the U.S. alone Nintendo said it recently passed the 10 million mark for unit sales of the ...
Google may be close to rolling out a bargain-priced device for accessing and managing Web content, according to published reports that say the search giant may use this week's Consumer Electronics Show to unveil the initiative The Los Angeles Times reported that Google has had discussions with Wal-Mart about possibly marketing the device, which man...
Hoping to build on more than 30 years of chip-making history while embracing the changes buffering the semiconductor industry, Intel has unveiled a new branding strategy, shelving a familiar catchphrase and a 37-year-old logo in the process The Santa Clara, Calif. chip-making giant said it would augment its "Intel Inside" tagline, which was used to...
Casinos in Nevada might become the first to explore a new area of the Internet gambling frontier, enabling users to gamble on mobile devices while they're in and around casinos A recently passed law makes Nevada the first state in the U.S. to allow the use of hand-held devices for gambling at casinos and resorts. Gov. Kenny Guinn has signed the leg...
AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry AT&T -- the name adopted by SBC Communications after it boug...
AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry AT&T -- the name adopted by SBC Communications after it boug...
AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry AT&T -- the name adopted by SBC Communications after it boug...
Online holiday shopping grew at a pace that beat out even optimistic forecasts, with spending growing as much as 30 percent as various factors, including aggressive promotions and free-shipping deals that may cut into e-tailer's profits, attracted more Web buyers The Goldman, Sachs & Co., Nielsen//NetRatings and Harris Interactive Holiday eSpending...
In the latest of several high-profile cases of database breaches that could be connected to identity theft, the timeshare unit of hotel giant Marriott International says it can't find computer backup tapes containing personal data of more than 200,000 customers and employees Marriot Vacation Club International (MVCI) set out to notify those potenti...
In a move that could lead to stiffer competition for Intel -- and also accelerate the production of next-generation electronics -- three computer chip-making rivals are forming a partnership to work on cutting-edge system chips Hitachi, Toshiba and Renesas Technology said they are still working out the details of a partnership, but published report...
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