TECHNOLOGY

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World online music sales seen up 7 percent in 2011

Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and iTunes gain momentum, technology research firm Gartner said on Tuesday.
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Exclusive: HP weighing sale of webOS unit

Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
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In abrupt turnaround, Olympus admits it hid losses

Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
File photograph of a man walking past the Hewlett Packard logo at its French headquarters in Issy le Moulineaux

HP Weighing Sale of WebOS Unit

Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
A woman walks past a large logo of Vodafone displayed on a shop in Mumbai May 20, 2010

Vodafone lifts outlook on emerging markets

Vodafone (VOD.L:Quote) lifted its full-year profit outlook on Tuesday as strong growth in emerging markets and robust trading in northern Europe more than offset weakness on the southern fringes of the euro zone.
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Online music sales seen up 7 percent in 2011 -Gartner

Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and Apple Inc's iTunes gain momentum, technology research firm Gartner said on Tuesday.
Apple TV

A Full Blown Apple TV on the Way

A full-blown Apple Smart TV is in the works, according to the Steve Jobs' biography by Walter Isaacson that reveals Jobs wanted to create a television with a simple user interface.
Olympus Corp's President Shuichi Takayama reacts at a news conference in Tokyo

Olympus Admits It Hid Losses for Decades

Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
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Vodafone edges outlook higher on strong first half

Vodafone edged its full-year outlook higher on Tuesday as growth in emerging markets and robust trading in northern Europe helped the world's largest mobile operator to post first-half results ahead of forecasts.
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Olympus: Acquisitions Used to Hide Investment Losses

Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
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Exclusive: Olympus scandal tied to banker who shuffled losses

A former Japanese banker who helped Japan's Olympus Corp shift losses off its books decades ago appears to be a key figure behind its decision to award a massive advisory fee to a little-known U.S. investment firm, Japanese broking sources who know the ex-banker said.
Passersby walk past the company logo of Olympus Corp. in Tokyo

Olympus Admits It Used Acquisitions to Hide Investment Losses

Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
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Olympus: Gyrus deal used to cover investment losses

Scandal-hit Olympus said on Tuesday it had found that funds related to its acquisition of British medical equipment maker Gyrus and of three domestic firms were used to cover losses on securities investments dating back to the 1990s.
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Olympus used M&A funds to cover investment losses

Scandal-hit Olympus said on Tuesday it has discovered that funds related to its acquisition of British medical equipment maker Gyrus in 2008 and of three domestic firms were used to cover losses on securities investments dating back to the 1990s.
Dr. Conrad Murray is handcuffed as he is remanded into custody in Los Angeles

Dr. Conrad Murray Guilty: World Reacts to Michael Jackson Verdict [PHOTOS]

As news of Murray's involuntary manslaughter conviction spread, celebrities, the Jackson family, and everyday fans took to Twitter, Facebook, and TV to discuss the verdict in King of Pop's death. See reactions from Rev. Al Sharpton and LaToya Jackson, feedback from Dr. Steven Stafer, and photos and tweets including #DoctorsBetterThanConradMurray.
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Apple security expert finds apps-software bug

A software flaw in Apple Inc's iPhones and iPads may allow hackers to build apps that secretly install programs to steal data, send text messages or destroy information, according to an expert on Apple device security.
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U.S. says will boost its cyber arsenal

The Pentagon's advanced research arm said Monday it is boosting efforts to build offensive cyber arms for possible keyboard-launched U.S. military attacks against enemy targets.
Russian Spacecraft crashed

Russia to Send Spacecraft to Mars

Russia is the latest country to ramp up their space exploration efforts. On Wednesday, Russia will launch a probe into space with a mission of collecting information on the Martian moon, Phobos.

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