TECHNOLOGY

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US engineer gets 15y for spying for China

A Chinese-born engineer was sentenced Monday to more than 15 years in prison for hoarding sensitive information about the US space shuttle with the intent on giving it to China.
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CVS Caremark profit tops view; shares up 6 percent

CVS Caremark Corp said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company's shares up as much as 8.8 percent.
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Barnes & Noble's Nook e-reader to hit stores

Bookseller Barnes & Noble Inc. said on Monday that its Nook electronic reader would be available in most of its physical stores as of Wednesday, ahead of Valentine's Day, ending weeks of delays.
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Internet prompts the publishing itch in over-60s

The Internet is helping older British readers rekindle a love of books and writing, and an overwhelming majority of senior citizens see the medium as a positive development, according to a survey.
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Vodafone Enterprise signs 4-year Oracle deal

Vodafone Group Plc, the world's largest mobile phone operator by revenue, has secured a four-year deal to provide Oracle Corp with voice, data and management services to employees in the EMEA region.
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Surprise CEO exit puts SAP shares under pressure

The abrupt resignation of SAP AG's chief executive Leo Apotheker put pressure on the group's stock on Monday as the market sought direction on where the world's largest business-software company is headed.
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Riding green wave, Philips says let there be LED

More than a century into its existence, Philips is once again betting heavily on semiconductors. This time the consumer electronics firm is looking to harness their potential as a source of light.
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NetEase suspends new user registration for hit game

China's third-largest online game operator NetEase.com said it has suspended new user registration for World of Warcraft in China and will reapply for a license to operate the expansion pack of Activision Blizzard's hit game.
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IBM begins Power server upgrade to battle HP, Sun

IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc.
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Toyota shares up after apology, Prius recall news

Shares in Toyota Motor Corp edged higher after the head of the world's largest automaker made a public apology for safety problems and said it would bring in outside experts to review quality controls.
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SAP CEO resigns unexpectedly, co-CEOs appointed

SAP AG Chief Executive Leo Apotheker in a surprise move will step down with immediate effect amid customer dissatisfaction and what some analysts perceived as a lack of company strategy just seven months after taking over.
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Amazon reshelves Macmillan titles but not e-books

Online retailer Amazon.com Inc resumed selling hardcover and paperback books from Macmillan Publishers late on Friday in a sign the two companies are getting closer to resolving a pricing dispute over Macmillan's electronic books, which remain unavailable on Amazon.
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U.S. companies' sales turnaround may be misleading

U.S. companies' sales are expected to rise for the first time since the third quarter of 2008, but it may be too soon for investors to cheer the turnaround as proof the economy is about to take off.
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DOJ still opposes Google Book plans

The US Justice Department still thinks a proposal to give Google digital rights to millions of books threatens and stifles competition and are undermining copyright laws.
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Toyota chief to address safety as Prius recall eyed

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
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Toyota mulls Prius recall

Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
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Publishers, Amazon in flux in e-book pricing fray

The chief executive of book publisher Macmillan said on Thursday his company is still in talks with online retailer Amazon.com Inc over the pricing of its books, even as Hachette Book Group vowed to protect its authors through a new model for prices.
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Toyota shares rebound despite Prius brake problem

Shares of Toyota Motor Corp picked up from a 10-month low on Friday after the world's largest carmaker reported better-than-expected quarterly results and raised its outlook despite its growing recall-related problems.
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Macmillan still talking with Amazon, deal may come

The chief executive of book publisher Macmillan said on Thursday his company is still in talks with online retailer Amazon.com Inc, despite the apparent settlement last weekend of a dispute over the price of electronic books.
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Toyota dips after upbeat earnings, Prius recall report

Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.
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Google asks NSA to protect its data: Report

Google is teaming up with the National Security Agency in order to investigate the recent hack attack against its network in a bid to prevent another assault, according to The Washington Post.
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Samsung aims to triple smartphone sales in 2010

South Korea's Samsung Electronics Co Ltd said on Thursday it aimed to triple smartphone shipments this year to more than 18 million units as the world's second-biggest cellphone maker scrambles to make a mark in the fast-growing smartphone market.
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Google, NSA to team up in cyberattack probe

Internet search firm Google is finalizing a deal that would let the National Security Agency help it investigate a corporate espionage attack that may have originated in China, the Washington Post reported on Thursday.
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Amazon buys touchscreen vendor: Report

Amazon has reportedly purchased Touchco, a small startup focusing on multitouch technology, that could be used in developing a new line of Kindle e-readers.

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