TECHNOLOGY

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Alcatel CEO looks to future growth

Chief Executive Ben Verwaayen is preparing the next stage of telecom equipment maker Alcatel-Lucent's development armed with a refreshed product portfolio and a slimmer cost structure.

Angry Birds, the next Mickey Mouse?

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Mikael Hed is unrepentant about the 200 million minutes per day that people around the world fritter away playing Angry Birds, the iPhone game created by the company he heads.

LinkedIn IPO: Will It Drop Like Chinese IPOs?

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LinkedIn’s IPO is priced at $45, which already gave it an incredible price-to-earnings ratio of 260. In the first day of trading, its shares more than doubled to $107 (at 11:53 a.m. ET), which takes the price-to-earnings ratio to more than 600.
Amazon.com founder and CEO Jeff Bezos holds the new Kindle DX electronic reader at a news conference where the device was introduced in New York

For Amazon, Kindle book sales surpass print

Amazon.com now sells more Kindle books than print books, the company announced today. Since April 1, Amazon has sold 105 Kindle books for every 100 print books. The company does not release total sales figures for Kindle books or e-readers.
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Alcatel CEO confident on 2011 margin goal

Telecom gear maker Alcatel-Lucent is very confident of hitting a target to improve its operating margin this year and expects new products and cost cuts to support profitability beyond that.
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Google trying to fix Android's open Wi-Fi vulnerability

Google has announced that it is trying to fix a vulnerability exposed in Android phones by a group of researchers at a German university which allows hackers to get hold of a user's contact and calendar data over open Wi-Fi network.
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China piracy cost U.S. firms $48 billion in 2009: report

Chinese piracy and counterfeiting of U.S. software and a wide range of other intellectual property cost American businesses an estimated $48 billion in 2009, the U.S. International Trade Commission said in a report released on Wednesday.
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New risks, treatment for problem gamblers: report

The growth of on-line casinos offers new temptations for problem gamblers, but the Internet should also provide avenues to treat them, according to a report in a leading medical journal on Wednesday.

T-Mobile ignores iPhone and Windows Phones

A news leak reveals the future roadmap for T-Mobile's 2011 device list that includes plenty of Android and Blackberry devices. No iPhone or Window Phones were listed suggesting they were ignored for the 2011 lineup. The exclusion of iPhone may come as no surprise after T-Mobile said it will not offer iPhones in the immediate future due to acquisition agreements following the announced merger with AT&T. Windows Phone fans can hope that T-Mobile will follow through with offering the Nokia ...
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Intel eyes Apple as it maps its future

Trend-setting products launched by Apple Inc are a key factor in Intel Corp's plans for new processors, a senior executive of the world's top chipmaker said.

Windows 8 has no room for ARM legacy apps, says Intel

Intel’s general manager of software and service Renee James is not worried at the fact that Windows 8 will be available for ARM-based PC because it will not run legacy applications. Windows 8 for Intel’s x86 will.

Apple iPhones sales slowing

While reports are floating around what Apple is likely to pack into its next iPhone, analysts are observing slowdown in sales of the current iPhone 4.

RIM PlayBook sales steady at 250000 despite recall

Despite the recall of 1,000 Research in Motion's (RIM) PlayBook tablets due to an OS glitch, the popularity of the PlayBook remains unaffected -it has been reported that the BlackBerry maker has recovered by selling 250,000 devices in month of April. The estimates were noted from RBC analyst Mick Abramsky collected information from 180 Best Buy locations with results showing 84% of 64BG RIM PlayBooks sold were in late April.
Rupert Murdoch, chairman and CEO of News Corp.

Next Issue Media previews digital newsstand

Next Issue Media, a joint venture in digital publishing, finally unveiled its digital newsstand, albeit an early edition of a product that the company has yet to complete. The newsstand is expected to launch Wednesday as a preview on Samsung’s Galaxy Tab from Verizon Wireless. The Galaxy Tab uses Google’s Android mobile operating system.
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Sony PSN down again, password accounts exploited

Just when people are thinking the PlayStation network hack was a thing of the past, it has quickly come back to haunt them. A password exploit in the system has prompted the company to shut down the network for patch the security loophole.
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Mobile hacking sets off security gold rush

Hackers are increasingly aiming attacks at smartphones, touching off a race among software giants, startups and telecom operators seeking to cash in on ways to help consumers protect themselves.
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Canon sees sales boost from supply chain

Japanese camera and copier maker Canon Inc <7751.T> expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its annual sales, the company's chief executive said.
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Rovio aims for IPO in two to three years

Rovio Mobile, creator of hit iPhone game Angry Birds, is aiming for a stock market listing in New York in two to three years, its chief executive told Reuters.

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