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Yahoo's 4Q profit tops analyst views
Jan 23 2007 11:10PM (CT)
SAN FRANCISCO (AP) - Yahoo Inc.'s fourth-quarter profit topped analysts' expectations to end a recent pattern of financial letdowns, a breakthrough that the Internet bellwether hopes to build upon by accelerating the introduction of long-awaited improvements to the advertising system that fuels its growth.
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Yahoo's 4Q profit tops analyst views
Jan 23 2007 11:10PM (CT)
SAN FRANCISCO (AP) - Yahoo Inc.'s fourth-quarter profit topped analysts' expectations to end a recent pattern of financial letdowns, a breakthrough that the Internet bellwether hopes to build upon by accelerating the introduction of long-awaited improvements to the advertising system that fuels its growth.
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AMD reports 4Q loss on acquisition costs
Jan 23 2007 10:18PM (CT)
SAN JOSE, Calif. (AP) - Advanced Micro Devices Inc., the world's No. 2 microprocessor maker behind Intel Corp., said Tuesday that it swung to a loss in the fourth quarter as the company incurred heavy costs related to a major acquisition, negating record processor sales.
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China to surpass U.S. on Internet users
Jan 23 2007 10:04PM (CT)
BEIJING (AP) - China is on pace to surpass the United States within two years as the nation with the most Internet users, the government and news reports said Wednesday.
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Sun returns to black after years in red
Jan 23 2007 7:29PM (CT)
SAN FRANCISCO (AP) - Sun Microsystems Inc. returned to solid profitability Tuesday after years of red ink, easily exceeding Wall Street's tepid expectations thanks to the growing popularity of its corporate computers and its newest operating system.
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HP CEO gets $8.6M bonus in scandal year
Jan 23 2007 7:12PM (CT)
SAN JOSE, Calif. (AP) - Hewlett-Packard Co. said Tuesday that CEO Mark Hurd received an $8.6 million bonus in 2006, a year of strong performance but one plagued by scandal over its shady boardroom spying antics.
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HP CEO gets $8.6M bonus in scandal year
Jan 23 2007 7:12PM (CT)
SAN JOSE, Calif. (AP) - Hewlett-Packard Co. said Tuesday that CEO Mark Hurd received an $8.6 million bonus in 2006, a year of strong performance but one plagued by scandal over its shady boardroom spying antics.
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Judge dismisses online phone suit
Jan 23 2007 5:29PM (CT)
LOS ANGELES (AP) - A federal judge has thrown out an antitrust lawsuit filed by the distributor of Morpheus file-sharing software against Internet phone service provider Skype Technologies SA, eBay Inc. and other defendants.
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Disk-drive maker Seagate 2Q profit falls
Jan 23 2007 5:16PM (CT)
SAN JOSE, Calif. (AP) - Seagate Technology LLC, the world's largest maker of hard-disk drives, had record revenue for its fiscal second-quarter but saw earnings fall 51 percent because of acquisition costs.
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Disk-drive maker Seagate 2Q profit falls
Jan 23 2007 5:16PM (CT)
SAN JOSE, Calif. (AP) - Seagate Technology LLC, the world's largest maker of hard-disk drives, had record revenue for its fiscal second-quarter but saw earnings fall 51 percent because of acquisition costs.
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Alcatel-Lucent shares slump post-warning
Jan 23 2007 3:38PM (CT)
PARIS (AP) - Tougher competition and complications from its $11.6 billion merger hit Alcatel-Lucent's revenue and wiped out fourth-quarter profit, the telecom equipment maker warned Tuesday, sending its shares plummeting less than two months after the company's creation.
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Record labels invest in Chinese venture
Jan 23 2007 3:25PM (CT)
LOS ANGELES (AP) - Sony BMG Music Entertainment and Warner Music Group have partnered with a joint venture operating in China that develops technology for distributing music downloads and other content to mobile phones, the record companies said Tuesday.
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Record labels invest in Chinese venture
Jan 23 2007 3:25PM (CT)
LOS ANGELES (AP) - Sony BMG Music Entertainment and Warner Music Group have partnered with a joint venture operating in China that develops technology for distributing music downloads and other content to mobile phones, the record companies said Tuesday.
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Texas Instruments 4Q earnings up 2 pct
Jan 23 2007 10:13AM (CT)
DALLAS (AP) - Texas Instruments Inc. is planning to close a small digital chip fabrication plant and make other changes to increase efficiency and profitability as it faces challenges from customers asking for less inventory and a wireless market skewing toward low-priced, basic-featured cell phones.
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Dell opens business center in Malaysia
Jan 23 2007 1:52AM (CT)
CYBERJAYA, Malaysia (AP) - Computer maker Dell Inc. on Tuesday opened its first global business center outside the United States to provide 24-hour engineering and technology support to its branches worldwide.
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Venture capitalist invested $25B in 2006
Jan 23 2007 12:56AM (CT)
SAN FRANCISCO (AP) - Venture capitalists invested $25.5 billion in 2006, marking the industry's biggest burst of dealmaking since the dot-com bust clogged the financial spigot for entrepreneurs five years ago.
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MySpace to distribute Amber alerts
Jan 23 2007 12:52AM (CT)
LOS ANGELES (AP) - The social-networking Web site MySpace.com will now distribute Amber alerts to members notifying them of missing children in their communities.
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