Aug 22- Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter.» Read More
Sony swung to a quarterly operating profit as it booked strong sales of liquid crystal display TVs and digital cameras and benefited from a weaker yen, and it slightly raised its full-year forecast.
We now have a definitive agreement: Microsoft gets a stake in Facebook for $240 million, and now valuing the company at $15 billion. For a company that will do $30 million in profits on $150 million in revenue, that's a nifty valuation!
This is the LIVE BLOG for today's Google analyst meeting at the company's headquarters in Mountain View, California. Get up to the minute posts as the action happens.
After months of run-up, and a big, 9% move today, the pressure was on Amazon to beat, and beat big. The company did beat. The 19 cents was a penny better than the Street expected. And revenue also came in a little stronger than expected.
Online retailer Amazon.com reported operating profit margins that concerned some analysts despite a sharp rise in quarterly earnings, and its shares fell 9%.
BlackBerry maker Research In Motion has shipped the first of its smartphones to China and hopes to start selling them later this year, a major breakthrough for the company in penetrating the huge Asian market.
Amazon reports earnings later today and judging by what this stock is doing today, indeed these past several months, it would seem shareholders are hoping for the very best. And betting big that Amazon will deliver.
Microsoft said on Monday it is launching a reworked low-end version of its Xbox 360 in a bid to widen the game console's appeal to a broader audience that has flocked to rival Nintendo's Wii.
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.
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
Flash memory maker SanDisk on Monday debuted an online video service and a USB flash drive that can carry television programs and videos from a computer for playback on TVs.
AT&T is making Napster's entire music catalog of more than five million songs available for wireless download starting early next month.
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.
Sony on Thursday cut the price of its PlayStation 3 game console in the U.S. and announced an even cheaper model that will arrive before the holiday shopping season.
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.