Sept 16- Photoshop maker Adobe Systems Inc's forecast disappointing revenue for this quarter and reported lower quarterly sales at its digital media business, which includes the Creative Cloud software suite. The company said it expected adjusted profit of 26- 32 cents per share on revenue of $1.03 billion- $1.08 billion for the quarter ending November.» Read More
A new Web site called GeneTree.com wants to help answer the question "Who am I?" by combining DNA data with information-sharing technology popularized by News Corp's MySpace.com and Google' YouTube.
The pressure was on for Apple following the big-time run in these shares these past several weeks. These shares rallied into today's earnings news. The research firm Caris just this morning took the bold step in raising its target to $200.
Fox knows how to produce content--and now its interactive division is producing a special kind of content for the web. But, these aren't just ordinary 'mobisodes:' this is a show created solely for MySpace TV, which is of course owned by News Corp.
When it comes to Apple Inc., the bar is set so nose-bleedingly high that you gotta wonder whether this company is poised to perform or plummet when it releases earnings this evening. Shares continue to climb today, up another 2% at this writing, a kind of serene island in the midst of the volatile vagaries and stormy seas on Wall Street.
The European Commission on Monday extended the deadline for its inquiry into Google's proposed purchase of rival DoubleClick to Nov. 13 from Oct. 26.
AT&T is making Napster's entire music catalog of more than five million songs available for wireless download starting early next month.
AT&T has filed a patent infringement lawsuit against Vonage Holdings, according to a Vonage regulatory filing on Friday, the latest legal trouble for the Internet phone service provider.
Less than two weeks after its stock price smashed through $600 for the first time, Google showed why it might not be long before the Internet search leader's shares are flirting with $700.
Web search leader Google reported a 46 percent rise in profit, fueled by recent accelerating market share gains and tightened cost controls.
While NASA seems to be flying in orbital circles, with manned flight still stuck on the space shuttle, the private sector has been dumping millions into its own space ventures. We're trying to move the industry to a point where people believe what we say," said Jeff Greason, a former Intel computer genius who now runs XCOR, one of a half dozen companies in the Mojave desert of California trying to get ordinary citizens into space.
Rather than get bogged down in Google's earnings numbers, which were extraordinary once again, investors and analysts will seize on the company's headcount, and for good reason. The company added a staggering 2,100 employees these past three months, on top of the 1,500 they added last quarter.
Media companies including Viacom, Microsoft, News Corp.'s Fox and MySpace units and others have agreed to guidelines aimed at protecting copyrights online, a source familiar with the matter said on Thursday.
Google's trading range over the past year has been pretty staggering: $417.50 a year ago today. A high of $635.96 last week; and hardly a straight line up between that low and high. That hasn't been the case these last couple of months where shares have been on a tear...
The tech sector got a lift after SAP, eBay and Nokia met or surpassed Wall Street expectations for quarterly earnings. The companies also raised their outlook for future results.
News Corp's MySpace, the world's largest online social network, said on Wednesday it will allow outside developers further access to its service to counter the growth of smaller rival Facebook.
EBay posted a 53% increase in adjusted earnings for the third quarter and provided full-year guidance that topped expectations.
U.S. online brokerage E-Trade Financial posted a third-quarter loss Wednesday on higher loan-loss provision and write-downs in the value of securities holdings, and lowered its full-year forecast for the second time in a month
I can sum up eBay's third quarter earnings numbers in three little letters: w-o-w! The company reports 41 cents a share versus the 33 cents the Street was expecting. True, the 41 cents includes 4 cents in one-time tax benefits, but even without that, the company still beats by 4 pennies.
Steve Jobs has a message for third party software developers who have largely been shut out of the iPhone extravaganza: Call Us Up! In a sharp reversal to an earlier policy, and in an open letter from Jobs posted on Apple's web site, the company is now inviting software developers to create applications for the iPhone that would live on the iPhone's memory and not on the web.
Check a chart of eBay these last three months and you'll see a company in rally mode; a rally that is continuing in a big way today and today's momentum comes from an ironic source. Earlier this quarter, eBay wrote down its Skype investment by about 50%...