TECHNOLOGY

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No quick cybersecurity fix seen

The intelligence expert who prepared a still-secret study on cybersecurity for President Obama said on Wednesday the danger of attacks on U.S. computer networks cannot be fixed easily or quickly.

VMware software sales fall

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Business software maker VMware Inc warned that its revenue would dramatically miss Wall Street forecasts due to the weak economy and a new product launch, sending its shares down 14 percent.

MySpace co-founder DeWolfe to step down

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Rupert Murdoch's News Corp said on Wednesday that MySpace co-founder Chris DeWolfe will not be renewing his contract and will step down from the chief executive post.
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MySpace might replace co-founder DeWolfe: reports

Rupert Murdoch's News Corp may be courting a former top executive at social network Facebook to replace the chief executive and co-founder of its top rival MySpace, All Things Digital, a media and technology website, reported on Wednesday.
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Get SMS-ing, U.S. tech execs urge Web-starved Iraq

Rather than wait for decent broadband and Internet access to arrive in their war-battered nation, Iraqis can use an abundance of cellphones to exploit the Web, a group of U.S. technology executives urged on Wednesday.
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Apple results beat expectations, shares up

Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.
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T-Mobile to offer one-payment BlackBerry contract

Operator T-Mobile UK is to offer a BlackBerry phone with a year's unlimited email and Internet access and pay-as-you-go calls in exchange for a one-off fee in its bid to lure more small business and young customers.
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AT&T profit boosted by iPhone, video, Internet

AT&T Inc posted a smaller-than-expected drop in quarterly profit on improved margins for its wireless service, helped by the iPhone, and strong growth for its video and high-speed Internet service.
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In app store war, BlackBerry, Google hold own

Mega-malls may be big, but when you need a fart noise generator, sometimes it's the smaller shops that do the trick -- at least that's true of the crop of virtual mobile retailers called app stores.
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EU assembly adopts new price curbs on phone calls

Using a mobile phone to send text messages or surf the Web by laptop will be up to 60 percent cheaper for travelers in the European Union under price curbs adopted by the European Parliament on Wednesday.
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AT&T profit boosted by video, Internet, iPhone

AT&T Inc posted a smaller-than-expected drop in quarterly profit on strong subscriber growth for its video and high-speed Internet service, as well as improved margins for its wireless service.
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AT&T quarterly profit and revenue fall

AT&T Inc posted a decline in quarterly profit on Wednesday but beat Wall Street estimates as growth in wireless and video services helped offset declines in its traditional telephone business.
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Yahoo to cut 5 percent of jobs

Yahoo Inc said it would cut 5 percent of its global workforce and reported quarterly results that showed progress toward controlling costs, sending shares higher in an after-hours relief rally.
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AMD posts loss, CEO doubts PC market has bottomed

U.S. chip maker Advanced Micro Devices Inc on Tuesday reported a quarterly loss as it grapples with a dip in computer sales and warned it may be too early to say the technology market has hit bottom.
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Oracle embarks on Sun courtship, troops cheer

After one false start, weeks of speculation and roller-coaster swings in its share price, the company once synonymous with the rise of the Internet has finally landed an attractive-looking buyer.
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AMD posts loss, sees lower sales

U.S. chip maker Advanced Micro Devices Inc on Tuesday reported a quarterly loss broadly in line with expectations and posted a sharp dip in revenue from a year ago as it grapples with a downturn in computer sales.
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Cat, United Tech results show pressures, hopes

U.S. manufacturing bellwethers Caterpillar Inc and United Technologies Corp reported on Tuesday that falling global demand for their big-ticket products battered first-quarter results.
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Yahoo to cut 5 percent jobs

Yahoo Inc said it would cut 5 percent of its workforce worldwide after reporting quarterly profit that met Wall Street expectations.
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CAT, United Tech results hit by slack demand

U.S. manufacturing bellwethers Caterpillar Inc and United Technologies Corp reported on Tuesday that falling global demand for their big-ticket products battered first-quarter results.
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Music website MUZU signs Universal deal

MUZU.TV, an Irish-based video website which has won plaudits from the music industry for the way it pays artists when their music is played online, has signed a deal with the world's largest label Universal.

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