TECHNOLOGY

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IBM names new M&A chief after losing chief to Dell

IBM named one of its executives, a former Morgan Stanley banker, to be its new head of mergers and acquisitions on Tuesday after losing its chief dealmaker to rival Dell Inc, which is beefing up its acquisition efforts.

Disaster-prone Bangladesh trials cell phone alerts

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Tens of thousands of mobile users in Bangladesh's flood and cyclone-prone areas will now receive advance warning of an impending natural disaster through an alert on their cell phones, a government official says.
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Twitter users buy more music: report

(Billboard) - A new NPD Group study finds that active Twitter users buy 77 percent more digital music downloads on average than non-users. Additionally, 12 percent of those who have bought music in the last three months also report having used Twitter, versus 8 percent of overall Web users.
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Oracle profit, software sales beat forecasts

Oracle Corp reported earnings above expectations on Tuesday as the world's No. 3 software maker's profit margin hit a record and software sales fell less than analysts had projected.
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German court rules pupils can rate teachers online

A German court ruled Tuesday that schoolchildren may rate their teachers online, rejecting the case of a woman who argued her rights had been infringed by pupils who gave her bad grades on a popular website.
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Sprint CFO seeing Pre shortages, no iPhone impact

Sprint Nextel Corp expects shortages of Palm Inc's high-profile Pre smartphone for a while but has not felt any impact from the new iPhone so far, Sprint's chief financial officer said on Tuesday.
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XBRL financial reporting faces hurdles

The introduction of a computer code to financial reports was supposed to transform the way investors' could analyze the data. The reality is proving to be a little less exciting.
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Apple CEO Jobs at work on Monday: witness

Apple Inc Chief Executive Steve Jobs was at the company's headquarters on Monday, underscoring speculation the pancreatic cancer survivor may have returned to work.
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MySpace to cut two-thirds of global workforce

MySpace, the social networking website owned by Rupert Murdoch's News Corp, said on Tuesday it plans to cut about two-thirds of its international workforce and close at least four of its offices outside the United States.
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MySpace to axe two-thirds of global workforce

MySpace, the social networking website owned by Rupert Murdoch's News Corp, said on Tuesday it plans to cut about two-thirds of its international workforce and close at least four of its offices outside the United States.
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Apple CEO Jobs spotted leaving campus

Apple Chief Executive Steve Jobs showed up for work on Monday and was spotted leaving the main corporate campus in Cupertino, California, a Reuters witness said.
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Windows 7 Upgrade Toolkit out now

Microsoft has released a new beta version toolkit for system upgrading assessment and planning for Windows 7 and Windows Server 2008 R2 migration and virtualization projects.
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Nokia hopes to close Nortel deal by Q3

Nokia Siemens Networks said on Monday it hopes to close its $650 million acquisition of Nortel Networks' advanced wireless technology business by the third quarter of this year.
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Ericsson signs LTE patent deals

Swedish telecom equipment maker Ericsson has signed its first license agreements for LTE technology patents, allowing other companies to use the technology, an Ericsson official said on Monday.
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Steve Jobs: 'iPhone is winning'

Apple Inc. sold more than a million units of its latest iPhone model in the first three days, the company said Monday, making it the most successful model yet.
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iPhone 3GS sales top 1 million

Apple Inc said it had sold more than 1 million of its newest iPhone in the first three days of launch, beating analysts' expectations for the 3GS smartphone's debut.
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IBM launches Wimbledon smartphone application

Tennis fans at Wimbledon will be able to keep up with the action using a smartphone application developed by IBM, which it said could transform the way spectators access information at sporting events.
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iPhone 3GS sales top one million

Apple Inc sold more than 1 million units of its newest iPhone, the 3GS, in the first three days of launch, the company said on Monday.
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Steve Jobs received liver transplant: report

Apple Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.
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Internet boycott calls to mark China filter debut

Chinese Internet users are calling on fellow web surfers to stay offline on July 1, the debut of a controversial software filter that critics say the Chinese government is using to tighten censorship.
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T-Mobile to sell new Google phone in August

T-Mobile USA will begin selling a new smartphone using Google Inc's Android operating software in August, facing off against high-end devices such as Apple's latest iPhone and the Palm Pre.

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