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Alcatel-Lucent Confirms 2010 Outlook After Second-Quarter Loss
By Matthew Campbell July 30 (Bloomberg) -- Alcatel-Lucent SA, Frances largest telecommunications equipment maker, confirmed full-year growth targets after posting a second-quarter loss wider than analysts estimates. The net loss in the latest quarter was
Cisco Halt Exposes Flaw as NYSE Amex Handles Nasdaq Trading
July 30 (Bloomberg) -- The five-minute halt in Cisco Systems Inc. yesterday highlighted a flaw in how NYSE Amex executes orders it can’t fill on its book at the best price. Cisco stopped trading for five minutes following a 100- share execution on Amex
Two Online Gambling Operators in Europe to Merge
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What You Want: Flickr Creator Spins Addictive New Web Service
Caterina Fake. Photo: Jill Greenberg Once a week, the staff at Hunch stops work a little early. They leave their computers and convene around sofas in the back of the office in New York?s Flatiron district. They crack some beers and crank up the music.
IBM invests in infrastructure sensing and analysis tech 5:16 AM
By Joab Jackson IBM will develop technology to monitor and analyze the state of buildings, roads, water lines and other urban infrastructure in a new laboratory it is opening with Carnegie Mellon University. The IBM Smarter Infrastructure Lab will focus
Microsoft Says Tablets Top of Mind Amid Apple Success 8:05 PM
By Dina Bass (Adds more Ballmer comments starting in seventh paragraph.) July 29 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are high on his priority list as Apple Inc. takes the lead in a market his company
Cisco Trading Is Halted by Market Circuit Breakers 1:18 PM
By Nick Baker and Nina Mehta (Adds quote in third paragraph.) July 29 (Bloomberg) -- Cisco Systems Inc. stock was halted for five minutes following a 100-share trade on NYSE Amex that drove the shares up more than 10 percent, triggering a circuit breaker
Motorola Tops Profit, Sales Estimates on Droid Demand 10:14 AM
By Hugo Miller (Updates shares in sixth paragraph.) July 29 (Bloomberg) -- Motorola Inc., the U.S. mobile-phone maker, reported second-quarter earnings that beat analysts estimates, helped by demand for its new line of smartphones. Profit, excluding some
Google says China 'blockage' miscalculation
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FAM Microsoft names September for IE9 beta
Microsoft names September for IE9 beta FAM The beta version of Microsoft's Internet Explorer 9 will hit in September. Microsoft's chief operating officer Kevin Turner named the date for Wall Street analysts during the company's annual Financial Analyst
WikiLeaks Suspect's YouTube Videos Raised 'Red Flag' in 2008
An Army private suspected of leaking classified information to WikiLeaks was admonished as a trainee in 2008 for uploading YouTube videos discussing classified facilities, according to an Army official with direct knowledge of the incident. Bradley
Crash First, Ask Questions Later
Notorious Anaheim cop Scott McManus resurfaces in yet another civil-rights lawsuit One of Anaheim’s most notorious cops is at it again. Five years ago, Scott McManus, a gang-unit officer, made headlines for his involvement in a highly questionable
Microsoft Says Tablets Top of Mind Amid Apple Success
By Dina Bass (Adds tablet market share data in third paragraph.) July 29 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are high on his priority list as Apple Inc. takes the lead in a market his company has
Microsoft’s Ballmer Says Tablets Top of Mind Amid Apple Success
By Dina Bass July 29 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are a big issue for him as Apple Inc. seized the momentum in a category Microsoft has worked on for more than a decade. Today, one of the top
Microsoft's Avatar Project Builds on Kinect
While Microsoft's Kinect for its Xbox 360 game console uses your body movements as input, the opposite may eventually be true: Microsoft debuted a video of a robotic "avatar" that may interact with humans. The video, shown at Microsoft's analyst
Life in the fast lane for Olympic officials in 2012 ... traffic jams for everyone else
Motorists will be banned from using Games lanes reserved for 'marketing partners' as well as athletes The fact that London 2012 is just two years away was marked by the sight of Sir Chris Hoy gliding around the partly built velodrome on Tuesday. But
Ballmer says Microsoft at work to rival iPad
REDMOND, Wash.--Acknowledging Apple's early success with the iPad, Microsoft CEO Steve Ballmer insisted Thursday that the software maker is hard at work on Windows-based tablets. The Apple iPad: can Microsoft match it? (Credit: Netflix) "They'll be
Ballmer talks up Microsoft's consumer business
REDMOND, Wash.--Steve Ballmer made the case Thursday that Microsoft not only gets the consumer market, but is set to grow its business there. Speaking at the company's , Microsoft's CEO began his speech by talking about the current state of the company's
Amazon Kindles Lose Weight, Pack On Features
Amazon (Nasdaq: AMZN) has announced two new Kindle models, one with 3G and WiFi connectivity, the other offering WiFi access only. The new Amazon Kindle The two six-inch-screen devices are smaller and lighter than Amazon's previous six-inch-screen
U.S. Stocks Erase Losses as Goldman Sachs, Microsoft Advance
By Michael P. Regan July 29 (Bloomberg) -- U.S. stocks erased losses as Goldman Sachs Group Inc. led gains in financial shares and technology companies pared declines as Microsoft Corp. rallied. The Standard &Poors 500 Index slipped less than 0.1
Explodemon brings more platform pleasure to PSN
London studio Curve channels the spirits of Bangai-O and Gunstar Heroes into a new Playstation downloadable. One of the most awesome things about the explosion of DLC on current gen consoles, apart from the influx of classic arcade remakes, is the
Cisco's wasted timeout
On a day when the tech sector is staging a minor meltdown, Cisco is the outfit that got a timeout. Trading in Cisco (CSCO),� the San Jose-based maker of Internet gear, was halted briefly Thursday morning after exchange officials flagged what they
Dangerous liaisons at IBM
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any
Microsoft names September for IE9 beta
FAM The beta version of Microsoft's Internet Explorer 9 will hit in September. Microsoft's chief operating officer Kevin Turner named the date for Wall St analysts during the company's annual Financial Analyst Meeting (FAM) in Redmond, Washington.
Organisations fail to address cross-site scriping attacks
More websites are vulnerable to hackers than a year ago, with security now a concern across all sectors. According to a report from IT testing company NTA Monitor, 7% of sites fall under the high-risk security category, compared to 5% in 2009. Technology
Cisco Trading Is Halted by Market Circuit Breakers
By Nick Baker and Nina Mehta (Adds in second paragraph that NYSE says the trades wont be canceled.) July 29 (Bloomberg) -- Cisco Systems Inc. stock was halted for five minutes following a 100-share trade on NYSE Amex that drove the shares up more than 10
Microsoft makes its case to Wall Street
REDMOND, Wash.--Microsoft kicked off a daylong meeting with analysts on Thursday as the company looks to reassure investors that its future is as bright as its past. The company began the event touting its recent quarterly results which resulted in
Microsoft makes its case to Wall Street (live blog)
REDMOND, Wash.--Microsoft kicked off a daylong meeting with analysts on Thursday as the company looks to reassure investors that its future is as bright as its past. The company began the event touting its recent quarterly results which resulted in
The first quarter financial figures are coming in...
...good news for Sony, not so good for Nintendo and Capcom... Okay, get your calculators out, it's financial results time! The latest fiscal quarter figures are seeping in, with several major companies handing over their results in the last 24 hours.
IBM picks up data compression company Storwize
IBM on Thursday said it has acquired Storwize, a privately held company that focuses on data compression. Terms of the deal weren't disclosed, but the acquisition is expected to close in the third quarter. Storwize will give IBM technology to compress
