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Tech Industry News Archives for October 23, 2007

Google to buy Nielsen data
Oct 23 2007 11:47PM (CT)
SAN FRANCISCO (AP) - Determined to sell more television ads, Internet search leader Google Inc. is sharpening its focus on the medium with demographic data from the influential Nielsen Co.
 
Amazon.com 3Q profit skyrockets
Oct 23 2007 11:01PM (CT)
SEATTLE (AP) - Amazon.com Inc. made more money in the third quarter than Wall Street had expected, but investors must have been looking for perfection.
 
Verizon settles probe into data plans
Oct 23 2007 8:13PM (CT)
NEW YORK (AP) - Verizon Wireless has agreed to pay a penalty and reimburse users who were disconnected for "excessive" use of a cellular broadband service that was marketed as allowing "unlimited" use, New York's state attorney general announced Tuesday.
 
JDS Uniphase trial begins
Oct 23 2007 7:42PM (CT)
SAN FRANCISCO (AP) - JDS Uniphase Corp., a telecommunications star that suffered crippling losses in the dot-com collapse, hid plunging sales while insiders cashed out, lawyers for investors said as a trial opened on their claims Tuesday.
 
JDS Uniphase trial begins
Oct 23 2007 7:42PM (CT)
SAN FRANCISCO (AP) - JDS Uniphase Corp., a telecommunications star that suffered crippling losses in the dot-com collapse, hid plunging sales while insiders cashed out, lawyers for investors said as a trial opened on their claims Tuesday.
 
Comcast admits delaying some traffic
Oct 23 2007 6:17PM (CT)
NEW YORK (AP) - Comcast Corp. on Tuesday acknowledged "delaying" some subscriber Internet traffic, but said any roadblocks it puts up are temporary and intended to improve surfing for other users.
 
Brazil approves big telecom deal
Oct 23 2007 5:40PM (CT)
BRASILIA, Brazil (AP) - Brazilian regulators gave the go-ahead Tuesday for Spain's Telefonica SA and its Italian partners to buy a controlling stake in Telecom Italia SpA, removing a major hurdle to the $5.8 billion deal.
 
Brazil approves big telecom deal
Oct 23 2007 5:40PM (CT)
BRASILIA, Brazil (AP) - Brazilian regulators gave the go-ahead Tuesday for Spain's Telefonica SA and its Italian partners to buy a controlling stake in Telecom Italia SpA, removing a major hurdle to the $5.8 billion deal.
 
AT&T reports mergers raise profits
Oct 23 2007 4:36PM (CT)
SAN ANTONIO (AP) - Catapulted by its acquisition of BellSouth Corp., AT&T Inc. on Tuesday reported net income of $3.1 billion in the third quarter, 42 percent higher than in the same period last year.
 
Cisco to buy Navini for $330 million
Oct 23 2007 4:33PM (CT)
SAN JOSE, Calif. (AP) - Cisco Systems Inc. is snapping up privately held Navini Networks Inc. for $330 million, extending the networking equipment maker's acquisition streak and providing the latest validation for the new wireless network technology called WiMax.
 
Texas Instruments shares tumble
Oct 23 2007 3:35PM (CT)
DALLAS (AP) - Shares of Texas Instruments Inc. tumbled more than 8 percent Tuesday, a day after the chip maker announced positive earnings results that were overshadowed by a bleaker earnings forecast for the upcoming quarter.
 
Oracle sets Sunday deadline for BEA bid
Oct 23 2007 3:13PM (CT)
SAN FRANCISCO (AP) - With no other suitors stepping forward, business software maker Oracle Corp. is threatening to abandon its $6.7 billion bid for BEA Systems Inc. unless its smaller rival accepts the offer by Sunday evening.
 
IBM aims to patent profiting off patents
Oct 23 2007 2:56PM (CT)
BOSTON (AP) - IBM Corp. says it has dreamed up a new method for profiting from its vast storehouse of patents. And by the way, the company wants to patent the idea.
 
New Verizon FiOS plan speeds uploads
Oct 23 2007 2:07PM (CT)
NEW YORK (AP) - Verizon Communications Inc. on Tuesday introduced an unusual plan for its fiber-optic Internet service: one that uploads as fast as it downloads.
 
Post office forwards. Is e-mail next?
Oct 23 2007 1:54PM (CT)
WASHINGTON (AP) - The post office forwards letters when a person moves, and telephone companies likewise forward calls. Should Internet companies be required to forward e-mails to customers who switch providers?
 
Texas Instruments shares tumble
Oct 23 2007 1:16PM (CT)
DALLAS (AP) - Shares of Texas Instruments Inc. tumbled more than 9 percent Tuesday, a day after the chip maker announced positive earnings results that were overshadowed by a bleaker earnings forecast for the upcoming quarter.
 
British, Dutch police close pirate site
Oct 23 2007 1:09PM (CT)
LONDON (AP) - British and Dutch police shut down what they say is one the world's biggest online sources of pirated music Tuesday and arrested the Web site's 24-year-old suspected operator.
 
Web sites offer DNA testing
Oct 23 2007 1:07PM (CT)
NEW YORK (AP) - Two services launching just a week apart tap a growing interest in DNA testing to help people find their ancestors and learn more about their lives.
 
Hong Kong lines up for Alibaba.com IPO
Oct 23 2007 12:04PM (CT)
HONG KONG (AP) - Hong Kong residents eager to tap the territory's booming stock market lined up Tuesday for shares being offered in Chinese e-commerce portal Alibaba.com's initial public offering.
 
Hong Kong lines up for Alibaba.com IPO
Oct 23 2007 12:04PM (CT)
HONG KONG (AP) - Hong Kong residents eager to tap the territory's booming stock market lined up Tuesday for shares being offered in Chinese e-commerce portal Alibaba.com's initial public offering.
 
Hong Kong lines up for Alibaba.com IPO
Oct 23 2007 12:04PM (CT)
HONG KONG (AP) - Hong Kong residents eager to tap the territory's booming stock market lined up Tuesday for shares being offered in Chinese e-commerce portal Alibaba.com's initial public offering.
 
Hong Kong lines up for Alibaba.com IPO
Oct 23 2007 12:04PM (CT)
HONG KONG (AP) - Hong Kong residents eager to tap the territory's booming stock market lined up Tuesday for shares being offered in Chinese e-commerce portal Alibaba.com's initial public offering.
 
Apple nails another record-breaking year
Oct 23 2007 8:53AM (CT)
SAN JOSE, Calif. (AP) - Apple Inc.'s financial juggernaut is showing no signs of waning.
 
Apple nails another record-breaking year
Oct 23 2007 8:53AM (CT)
SAN JOSE, Calif. (AP) - Apple Inc.'s financial juggernaut is showing no signs of waning.
 
Apple nails another record-breaking year
Oct 23 2007 8:53AM (CT)
SAN JOSE, Calif. (AP) - Apple Inc.'s financial juggernaut is showing no signs of waning.
 
Apple nails another record-breaking year
Oct 23 2007 8:53AM (CT)
SAN JOSE, Calif. (AP) - Apple Inc.'s financial juggernaut is showing no signs of waning.
 
Apple nails another record-breaking year
Oct 23 2007 8:53AM (CT)
SAN JOSE, Calif. (AP) - Apple Inc.'s financial juggernaut is showing no signs of waning.
 
Samsung develops new flash memory chip
Oct 23 2007 6:39AM (CT)
SEOUL, South Korea (AP) - Samsung Electronics Co. said Tuesday it has developed a more advanced flash memory chip that will allow increased data storage in digital products such as music players.
 
   

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