TECHNOLOGY

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J&J results top views, but forecast weighs

Johnson & Johnson reported better-than-expected quarterly sales and earnings, helped by sharply lower taxes and a return to solid growth for its array of medicines, medical devices and consumer products.

Verizon sees delayed rebound, to cut more jobs

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Verizon Communications Inc said it is facing a slower-than-expected economic recovery and plans to cut 6 percent of its workforce, adding that it forecasts only a modest rebound in late 2010.
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In record quarter, AMD gains on Intel

Advanced Micro Devices gained share in worldwide processor shipments at the expense of arch-rival Intel during the fourth quarter of 2009, according to new research.
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Google releases new Google Voice for iPhone

Google Inc unveiled a new version of its Internet phone service on Tuesday in its latest effort to bypass Apple Inc's gatekeepers and make Google Voice a popular service on the iPhone.
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Amgen 2010 forecast shows potential upside

Amgen Inc issued a 2010 forecast on Monday that showed potential to exceed Wall Street expectations, but the company's slightly higher fourth-quarter profit came in shy of analyst estimates primarily due to higher expenses.
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TI forecasts strong demand

Texas Instruments on Monday posted a quarterly profit at the top end of its target range and the chipmaker said there was strong demand in all its product areas and markets including Europe and the Americas.
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Apple profit, revenue surge

Apple Inc reported sharp gains in quarterly revenue and profit as the company moved to adopt new accounting standards for its iPhone.
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Droid to help Verizon narrow gap with AT&T

Verizon Wireless is expected to have caught up a little with AT&T Inc in the race for new wireless subscribers, as momentum built behind Motorola Inc's Droid smartphone in the fourth quarter.
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AOL snaps up video production co for $36.5 mln

Internet company AOL Inc said on Monday it bought a video production company StudioNow Inc for $36.5 million in cash and stock to expand its technology to create original online programing.
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Apple's Big Week

Fans and investors are anticipating a major week for Apple as the company is expected to post huge profits on Monday, followed by a highly anticipated new product launch this Wednesday.
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Rumor: AT&T set to drop iPhone on Wednesday

Speculation has been rife over the potential of Apple iPhone becoming available on other carriers apart from its current AT&T, new reports have surfaced that it the opposite may be the truth.
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Data breaches double in 2009

Data breaches at US companies doubled last year and are cost substantially more than other internal IT gaffes, according to new research.
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Infineon's Wucherer expects to be chairman

German electronic chipmaker Infineon's director Klaus Wucherer does not expect UK pension fund Hermes will be able to stop his election as chairman of the supervisory board on February 11, he told German newspaper Die Welt.
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HP to launch music service in Europe

Hewlett-Packard, the world's biggest maker of PCs, will launch a digital music service across key European markets on Monday, hoping to benefit from consumers' rising appetite for new types of music download services.
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Filmmakers eye Web, TV as alternate to theaters

Here's a plot twist worthy of any Hollywood movie. To save independent films from extinction, the time may be near for some low-budget movies to play outside theaters, instead of in them.

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