IBT Staff Reporter

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AT&T To Unveil Mobile Hotspot App For Smartphones

AT&T is set to unveil a new mobile hotspot application that lets smartphone customers tether multiple devices via Wi-Fi connection. The feature will first be available on February 13 to select smartphone customers, starting with the launch of HTC Inspire 4G, the company said.
Feb 03, 2011

Sony profit on track, but hit products lacking

Cost-cutting is keeping Sony Corp's profits on track for its full-year target but investors say more inspiration and a hit product is needed to restore growth to a company once a symbol of Japan's high-tech might.
Feb 03, 2011

Vodafone nudges up year profit outlook

Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to post higher third-quarter service revenues and nudge up its profit forecast for the year.
Feb 03, 2011

Futures see little change on Wall Street open

Stock index futures pointed to a quiet open for Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones up 0.1 percent, and Nasdaq futures down 0.1 percent at 4:34 a.m. ET.
Feb 03, 2011

Stocks slip, oil surges on Egypt turmoil

World stocks fell and oil surged above $103 a barrel on Thursday as violence in Egypt escalated, adding to concerns about inflationary pressures which could threaten the global economic recovery.
Feb 03, 2011

Vodafone nudges profit outlook higher

Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to nudge its outlook higher and post third-quarter service revenues at the upper end of forecasts.
Feb 03, 2011

BT reports 188k broadband net adds in Q3

British telecommunications company BT Group plc reported its highest share of DSL broadband net additions for eight years and said pretax profit for the third quarter more than doubled from last year.
Feb 03, 2011

Sony set for lower Q3 profit, TV price dip hurts

Japan's Sony Corp <6758.T> is expected to post a 15 percent fall in profit for October-December on Thursday, hurt by a stronger yen and tough price competition in the market for flat TVs.
Feb 03, 2011

Sony Q3 profit falls 5.9 percent, keeps forecasts

Japan's Sony Corp <6758.T> posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.
Feb 03, 2011

e-Books coming to Canadian public libraries

Canadian schools and colleges will soon stop worrying about adding books to its libraries, as they will have access to thousands of eBooks from Random House of Canada through a partnership with OverDrive.
Feb 03, 2011

Sony's operating profit falls, keeps forecasts

Japan's Sony Corp posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.
Feb 03, 2011

CBI arrests ex-telecoms minister Andimuthu Raja

The Central Bureau of Investigation (CBI) on Wednesday arrested former telecoms minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session.
Feb 03, 2011

Oil jumps on deadly Egypt clashes, inflation

Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.
Feb 03, 2011

Sony profit drops as TVs erase gaming gains

Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Feb 03, 2011

Sony's profit drops as TVs erase gaming gains

Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Feb 03, 2011

Sony Q3 profit drops as TVs erase gaming gains

Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Feb 03, 2011

Internet to run out of numerical addresses in next few hours

The internet is running out of IP addresses in few hours from now. The last five blocks of IP each with 16.8 million addresses, are to be distributed on Thursday by the Internet Assigned Numbers Authority to regional registries around the world, according to Associated Press reports.
Feb 03, 2011

Prosecutors widen currency probes: report

Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by tens of millions of dollars for foreign-exchange transactions, the Wall Street Journal reported.
Feb 03, 2011

Japanese stocks ease amid Egypt unrest

Japanese stocks eased on Thursday as escalating violence in Egypt prompted investors to move to safer assets, while commodities extended their recent gains, underscoring growing inflationary pressures that could threaten the global economic recovery.
Feb 03, 2011

Kinder Morgan to file IPO terms Thursday: source

Private equity-backed pipeline company Kinder Morgan is expected to file terms for its initial public offering before U.S. markets open on Thursday, a source familiar with the situation said.
Feb 03, 2011

Senate defeats health care repeal

U.S. Senators on Wednesday defeated a bill to repeal last year's landmark healthcare bill, as Republican party members came up short against the Democratic majority. The vote was 47-51.
Feb 02, 2011

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