TECHNOLOGY

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Shares to open flat to slightly higher; Fed eyed

Wall Street was set to open flat to slightly higher on Wednesday as caution before a Federal Reserve announcement was balanced against gains by computer maker Dell and a rebound in commodity prices.
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New Apple Product = iTV?

Apple's assault on the living room likely means the introduction of another Apple appliance or device and Apple TV is the best thing the Cupertino, California-based company can do.
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Foxconn sees dramatic improvement in 2011 results, shares jump

Foxconn International Holdings Ltd, the world's top contract cellphone maker, expects a dramatic improvement in its 2011 results, its chairman told shareholders, lifting its shares as much as 15 percent to its biggest daily gain in more than a year.
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Gartner reveals 5 tips to move applications to cloud

Organizations hoping to relocate applications into the cloud have five preferences: rehost on infrastructure as a service (IaaS), refactor for platform as a service (PaaS), revise for IaaS or PaaS, rebuild on PaaS, or replace with software as a service (SaaS), according to a report by Gartner Inc, an information technology research and advisory corporation providing technology related insight.
Netflix

On-demand surge: Netflix movies account for 30% peak Internet traffic in US

A new study has revealed that Netflix movies account for a lion's share of peak hour Internet traffic within the United States. The Sandvine Inc study shows that web browsing now accounts for only less than 17 percent of peak hour traffic, with Netflix movies and TV shows shattering the lead held by web browsing and peer-to-peer file sharing even late into the last year.

PSN outage a ‘hiccup on road to network future': Sony CEO Stringer

Sony chief executive Howard Stringer apparently downplayed the severity and gravity of the massive hacker attack on the company’s PlayStation Network, saying the security breach and the subsequent service outage were a hiccup and that no networks are 100 percent secure.
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Sony defends response time to hacker

Sony Corp's CEO was unapologetic about the company's delay in informing owners of more than 100 million accounts of its networked services whose information was stolen by hackers last month.

Dell Profit Soars 177 pct in Q1

Dell Inc. (DELL), the world's second-largest personal-computer maker, saw first quarter profit climbed 177 per cent to $945m. Non-GAAP earnings were 55 cents a share while revenue eased up 1 percent to $15 billion.
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HP disappoints investors; Dell shines

Hewlett-Packard Co slashed its 2011 earnings forecast as it embarks on a spending spree to revamp a troubled division, while long-time foe Dell Inc delivered another blowout profit.
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Nearly all Android phones open to privacy

German researchers have discovered that nearly all Android phones have an authentication flaw that could allow hackers to steal digital credentials over open wireless networks.
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McDonald's comes under fire ahead of annual meeting

Hundreds of health organizations and professionals signed a letter to McDonald's Corp , asking the fast-food chain to stop marketing junk food to children, including with Happy Meals and the Ronald McDonald clown character.
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Intel chief says doesn't need ARM for mobile chips

Intel's chief executive rejected speculation the world's largest chipmaker might adopt rival ARM Holdings' technology to build mobile chips and said smartphones using its silicon are about a year away.
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Symantec looking to buy

Symantec Corp's chief executive is looking to do acquisitions and next week may let investors know just how hungry the security and storage software company will be this year.
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Intel chief says won't use ARM to make chips

Intel's chief executive rejected speculation the world's largest chipmaker might adopt rival ARM Holdings' technology to build mobile chips, and said smartphones using its silicon would go on sale next year.
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FCC asks Apple, Google to location-tracking forum

In its first look at the growing controversy about location tracking by smartphones, the Federal Communications Commission has invited Apple, Google and consumer advocates to a forum in late June.
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HP slashes outlook, spends on services overhaul

Hewlett-Packard Co slashed its 2011 profit forecast as it prepares to spend heavily to revamp a troubled division that provides everything from computer maintenance to high-level tech consulting, sending its shares tumbling over 7 percent.
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Apple plans smaller SIM card

Apple has proposed a standardized SIM card smaller than those it currently uses in the iPhone and iPad to be able to produce thinner devices, an Orange executive told Reuters on Tuesday.

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