COMPANIES

U.S. Air Force Buys 18,000 Apple iPads to Replace Flight Bags

The U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing 70-pound flight bags with 1.3-pound Apple iPad 2s for the crews that fly cargo aircrafts.
Following the precedent set by commercial airliners in December 2011, the U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing heavy flight bags with light and efficient Apple iPad 2s for the crews that fly cargo aircrafts.

Cisco Q2 Results Beat Estimates

The Cisco logo is displayed at the technology company's campus in San Jose
Network equipment maker Systems Inc said second quarter earnings and revenue beat average estimates, leading it to increase its dividend.
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Silicon Graphics International Corp. (SGI)

Silicon Graphics shares dive on margin worries

Concerns about shrinking profit margins at Silicon Graphics International sparked a sell-off in the company's stock that wiped away a quarter of its value, a day after it posted weak quarterly results and slashed its full-year earnings outlook.
Amazon, Viacom Hash Deal amidst Video Streaming Deal Circuit

Amazon, Viacom Hash Out Deal Amid Video Streaming Ballyhoo

There's been a lot of news coming from streaming video services recently. Earlier this week, Redbox, the movie rental service, announced a new joint venture with Verizon through which the companies will offer a streaming video service. Not to be outdone, Amazon has announced a deal with Viacom, Inc. that will allow Amazon Prime members to stream TV shows from Viacom-owned television stations such as Comedy Central, Nickelodeon, TV Land, Spike, VH1, BET, CMT, MTV and others.
iPad 2

iPad 3 Launch Imminent? Roundup of Features

Rumors about the launch of iPad 3 have gained momentum over the last few months. The latest is that the tablet is expected this spring. With a host of new features, the tablet could be Apple's biggest release this year if the rumored specs are true. Here's a look at what is known so far.
The logo of Renesas Electronics is seen at its headquarters in Tokyo

Japan firms talk on system chip tie in reform drive: sources

Renesas Electronics and two other big Japanese chip makers are in talks to combine their struggling system chip operations in a government-backed deal, sources said, as pressure mounts for drastic reforms to confront stiff global competition.
A dish of organic baby carrots

Low Calories Food is Baby Carrots: 'Eat 'Em Like Junk Food'

Jeff Dunn, CEO of Bolthouse Farms, has created an ad for baby carrots with the tagline, Eat 'em like junk food. The ad campaign has been created on behalf of Bolthouse Farms to raise the awareness towards a healthy diet and sell their new range.
Mark Zuckerberg

Facebook's Zuckerberg Could Owe $2B in Taxes After IPO

Facebook founder Mark Zuckerberg may have set the record for being the youngest billionaire, but the company’s IPO might also put him in the books for paying the highest taxes. Since the 27- year- old entrepreneur plans to exercise stock options worth billions, his tax bill could reach as high as $2 billion.
iPad 3 Rumors: ‘Leaked’ Back Panel Image Suggests Larger Battery, Better Camera and Retina Display (Report)

Apple TV: Rumors Fly as Best Buy Gauges Interest

Ever since Apple founder Steve Jobs passed away in late 2011, the rumor mill has been turning about whether Apple would release a new device attempting disrupt the television industry. Among a flurry of reports about the device, Best Buy is gauging interest in the purported product.
IBTimes Logo

Shares of McClatchy Jump after Strong Earnings

The Sacramento, Calif.-based company reported net income of $42 million, or 49 cents a share, up about 184 percent from $14.8 million, or 17 cents a share, in the year earlier period. The company reported operating income of $90.3 million, up 6.4 percent compared to $84.9 million in the year earlier period.
IBTimes Logo

Apple Reported in Talks on iTV with Canada Telecoms

Apple Inc. is in talks with Canada's two biggest telecom companies about becoming partners in the launch of iTV, a device combining features of the wildly popular iPad tablet with those of a television set, a newspaper reported on Tuesday.

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