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Tech Industry News Archives for August 7, 2007

Online boom boosts Cisco profit, shares
Aug 7 2007 11:43PM (CT)
SAN FRANCISCO (AP) - Cisco Systems Inc. shares jumped nearly 6 percent after the network equipment maker reported fiscal fourth-quarter results that beat Wall Street's expectations and boosted its financial forecast.
 
Apple debuts new iMac computers
Aug 7 2007 10:40PM (CT)
CUPERTINO, Calif. (AP) - Apple Inc. updated its iMac computers Tuesday with a slimmer design, faster chips and glossy screens, hoping to further propel sales that already outpace the rest of the PC industry.
 
Study: More time spent with paid media
Aug 7 2007 9:58PM (CT)
NEW YORK (AP) - A study finds that U.S. consumers are increasingly shifting their attention away from traditional, advertising-supported media in favor of entertainment such as the Internet, video games and cable TV, which consumers pay for.
 
Judge rules against Qualcomm
Aug 7 2007 5:38PM (CT)
SAN DIEGO (AP) - A federal judge has found that Qualcomm Inc. waived its rights to enforce two patents on compressing video signals because it deliberately concealed them from an industry standard-setting group.
 
Man sold goods on eBay, never delivered
Aug 7 2007 5:30PM (CT)
SACRAMENTO, Calif. (AP) - A 37-year-old man was found guilty Tuesday of collecting more than $90,000 in payments for Rolex watches and sports tickets through eBay but never delivering the merchandise to customers.
 
Sun Microsystems to reduce work force
Aug 7 2007 5:04PM (CT)
NEW YORK (AP) - Server and software maker Sun Microsystems Inc. plans to cut an unspecified number of jobs as part of a new restructuring plan, according to a regulatory filing Tuesday with the Securities and Exchange Commission.
 
NBC eyes 3,600 hours of Olympic coverage
Aug 7 2007 4:19PM (CT)
BEIJING (AP) - NBC will broadcast more than 3,600 hours of coverage of the 2008 Beijing Olympics on multiple television networks and the Internet.
 
Groups to open vehicle research center
Aug 7 2007 3:27PM (CT)
TRAVERSE CITY, Mich. (AP) - A nonprofit research center and a trade group will open a center in Ann Arbor next month to test new technology that will allow cars and trucks to interact with each other and make highways safer, officials said Tuesday.
 
Blogger Outed: 'Fake Steve' is Dan Lyons
Aug 7 2007 10:38AM (CT)
NEW YORK (AP) - At long last, someone has cracked one of the technology world's biggest mysteries _ the identity of Fake Steve, a sharp-tongued blogger who had tech aficionados in stitches with a satiric diary purporting to be from Apple CEO Steve Jobs.
 
Blogger Outed: 'Fake Steve' is Dan Lyons
Aug 7 2007 10:38AM (CT)
NEW YORK (AP) - At long last, someone has cracked one of the technology world's biggest mysteries _ the identity of Fake Steve, a sharp-tongued blogger who had tech aficionados in stitches with a satiric diary purporting to be from Apple CEO Steve Jobs.
 
Buy.com hopes Garage Sale lures eBayers
Aug 7 2007 9:20AM (CT)
NEW YORK (AP) - Buy.com is looking to steal some customers from eBay with a new shopping service for online hangouts like Facebook.
 
Microsoft cuts Xbox 360 price to $349
Aug 7 2007 6:51AM (CT)
SEATTLE (AP) - Microsoft Corp.'s Xbox 360 video game console will be $50 cheaper starting Wednesday, confirming fuzzy snapshots of leaked advertisements posted by bloggers in late July.
 
   

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