TECHNOLOGY

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Redesigned IBM exhibit opens at Disney World

A redesigned IBM exhibit called Smarter Planet opened on Friday at Walt Disney World near Orlando, bolstering IBM's 14-month-old campaign to rebrand itself as a company that provides global software solutions as well as its traditional hardware and technical services.

Google chief likes China growth, not censorship

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Google Chief Executive Officer Eric Schmidt on Friday expressed his company's dislike of China's censorship policies, even as it pursues opportunities to remain in the country without censoring its search engine.
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Samsung Elec bullish on TV, chip demand

Samsung Electronics expects rapidly recovering demand for its premium computer memory chips and flat screen TVs to drive growth this year, with the unwinding of global stimulus measures the key risk for sales.
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Samsung Elec swings to Q4 profit on strong chips

Samsung Electronics, the world's top maker of memory chips and LCD screens, expects rapidly recovering demand for its premium computer memory chips and flat TVs to drive growth this year, in an ominous sign for its Japanese rivals.
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NASA gets more $6 Mln in 2010 funding

NASA is set to receive a $6 billion fund injection over the next five years in a bid for ocompanies to develop rockets capable of taking astronauts to the International Space Station.
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Painful Wii price cut keeps Nintendo in the game

Games maker Nintendo showed greater than expected resilience in its battle for market share last quarter thanks in part to a 20 percent price cut on its Wii product that sliced into profits.
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Microsoft profit bolstered by Windows 7 sales

Microsoft Corp posted a 60 percent increase in quarterly profit, helped by strong sales of its new Windows 7 operating system, and said it expected business technology spending to recover this year.
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AT&T profit rises 26 percent, plans more spending

U.S. consumers' obsession with using smartphones to find restaurants, surf the web and navigate city streets helped propel a 26 percent rise in AT&T's quarterly profit -- but at a cost for the operator.
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Strong PC sales boost Microsoft revenue

In the latest demonstration of the strength of the PC sector, Microsoft (MSFT) this posted second quarter results that were well ahead of Street estimates.
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Google rolls out 'social search'

Google is rolling out a 'social search' initiative that will allow users to see photos and information from their friends related to their search.
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AT&T announces network improvements

AT&T's chief executive said during an investors conference call that the company was gearing up for the introduction of new smartphones and the iPad on its network.
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Apple pitches $499 iPad, takes on Amazon

Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.
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Motorola forecasts loss; shares plunge

Motorola Inc forecast a loss for the current quarter due to heavy spending to bring more smartphones to the market, disappointing investors who had expected the cellphone maker to post a profit.
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Markets fall on data, but P&G results limit losses

U.S. stocks fell on Thursday after weaker-than-expected data on durable goods and jobless claims fueled uncertainty about the economy's recovery, and outlooks from Motorola and Qualcomm hit tech shares.
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Apple's iPad no Kindle-killer, yet

The buzz in the gadget world has shifted from Amazon.com to Apple Inc with the launch of its long-awaited iPad tablet, but analysts say the world's largest retailer's Kindle device is safe in its smaller market -- for now.
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Tyco quarterly profit rises 10 percent

Industrial conglomerate Tyco International Ltd reported a 10 percent increase in quarterly net income amid improved margins at its biggest unit, ADT security services.
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MBA students see signs of job market thaw

Students at one of America's top business schools see evidence that high-technology, startup and alternative energy companies will hire more actively this year after a difficult 2009 for graduates.
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Nintendo Q3 profit down 23 pct

Nintendo Co Ltd posted a 23 percent fall in quarterly profit as software sales for its DS handheld game player slowed and it cut the price of its Wii console, keeping its forecast for the first annual profit decline in four years.
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Nintendo 9-mth profit down 41 pct, keeps outlook

Nintendo Co Ltd posted a 41 percent fall in nine-month profit as sales of its DS handheld game player slowed and it cut the price of its Wii console, and the company kept a forecast for a first annual profit slide in four years.
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Icahn proxy materials sent to Biogen Idec-source

Proxy materials have been delivered to Biogen Idec Inc by Carl Icahn, as the billionaire investor seeks greater control of the biotechnology company's board, according to a source familiar with the situation.
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Canada investigates Facebook again over privacy

Canada's privacy czar, who got Facebook to agree last year to better protect users' personal information, will launch a new investigation over complaints that the changes sometimes make things worse.
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Apple unveils iPad, bets on new device class

Apple Inc CEO Steve Jobs took the wraps off the highly anticipated iPad tablet and pitched it at a surprisingly low price, aiming to bridge the gap between smartphones and laptops.
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Microsoft aided by Windows, awaits business revival

Microsoft Corp is expected to report a strong jump in quarterly profit on Thursday, helped by the successful launch of Windows 7, but it may not be enough to satisfy demanding investors and push its stock higher.

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