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Tech Industry News Archives for October 25, 2007

Ambitious Microsoft posts strong profit
Oct 25 2007 11:55PM (CT)
SEATTLE (AP) - After Microsoft Corp. executives laid out plans in July to win at Web search, online advertising, Web-based software and video games, analysts wondered if the world's largest software maker had too many balls in the air. Microsoft's answer, in the form of its fiscal first-quarter results announced Thursday, was a resounding "no."
 
Ambitious Microsoft posts strong profit
Oct 25 2007 11:55PM (CT)
SEATTLE (AP) - After Microsoft Corp. executives laid out plans in July to win at Web search, online advertising, Web-based software and video games, analysts wondered if the world's largest software maker had too many balls in the air. Microsoft's answer, in the form of its fiscal first-quarter results announced Thursday, was a resounding "no."
 
Ambitious Microsoft posts strong profit
Oct 25 2007 11:55PM (CT)
SEATTLE (AP) - After Microsoft Corp. executives laid out plans in July to win at Web search, online advertising, Web-based software and video games, analysts wondered if the world's largest software maker had too many balls in the air. Microsoft's answer, in the form of its fiscal first-quarter results announced Thursday, was a resounding "no."
 
Ambitious Microsoft posts strong profit
Oct 25 2007 11:55PM (CT)
SEATTLE (AP) - After Microsoft Corp. executives laid out plans in July to win at Web search, online advertising, Web-based software and video games, analysts wondered if the world's largest software maker had too many balls in the air. Microsoft's answer, in the form of its fiscal first-quarter results announced Thursday, was a resounding "no."
 
Baidu.com says 3Q profits double
Oct 25 2007 8:19PM (CT)
BEIJING (AP) - Search engine Baidu.com Inc. said Friday its third-quarter profits more than doubled on strong traffic growth despite search giant Google Inc.'s efforts to expand in China.
 
Baidu.com says 3Q profits double
Oct 25 2007 8:19PM (CT)
BEIJING (AP) - Search engine Baidu.com Inc. said Friday its third-quarter profits more than doubled on strong traffic growth despite search giant Google Inc.'s efforts to expand in China.
 
BEA sets sales price of $21 per share
Oct 25 2007 8:07PM (CT)
SAN FRANCISCO (AP) - Business software maker BEA Systems Inc. put itself on the auction block Thursday, demanding at least $21 per share in an effort to prod rival Oracle Corp. into raising its current bid by $1.5 billion.
 
CNet sells Webshots for $45 million
Oct 25 2007 7:25PM (CT)
SAN FRANCISCO (AP) - Online technology news and entertainment provider CNet Networks Inc. has sold photo-sharing site Webshots to American Greetings Corp. for $45 million, substantially less than the service cost to acquire three years ago.
 
Vonage settles Verizon's patent suit
Oct 25 2007 6:27PM (CT)
NEW YORK (AP) - Vonage Holdings Corp., the beleaguered provider of Internet-based telephone service, said Thursday it has settled a patent lawsuit brought by Verizon Communications Inc. for a maximum of $120 million.
 
XM 3Q loss widens on rising expenses
Oct 25 2007 4:41PM (CT)
McLEAN, Va. (AP) - XM Satellite Radio Holdings Inc. said Thursday its third-quarter loss widened as sales through retail outlets slowed and the company faced increased costs related to its planned acquisition by smaller rival Sirius Satellite Radio Inc.
 
Motorola profit dives but outlook better
Oct 25 2007 3:58PM (CT)
CHICAGO (AP) - Motorola Inc.'s third-quarter earnings plummeted 94 percent but the cell-phone company still managed to impress Wall Street with its progress, improving from its dismal first-half performance and serving notice its turnaround effort may be taking hold.
 
EMC shares hit 6-year high
Oct 25 2007 3:42PM (CT)
BOSTON (AP) - EMC Corp., which is enjoying a resurgence in its stock after spinning off fast-growing software maker VMware Inc., got another boost after reporting a hefty increase in its third-quarter profit _ news that sent EMC's shares to a new six-year high of $24.61.
 
Microsoft deal values Facebook at $15B
Oct 25 2007 2:05PM (CT)
SAN FRANCISCO (AP) - It's hard to determine what's more surprising about Microsoft Corp.'s investment in Facebook Inc. _ the appraisal that valued a 3 1/2-year-old Internet hangout at $15 billion or the rare snub of online search leader Google Inc.
 
Microsoft deal values Facebook at $15B
Oct 25 2007 2:05PM (CT)
SAN FRANCISCO (AP) - It's hard to determine what's more surprising about Microsoft Corp.'s investment in Facebook Inc. _ the appraisal that valued a 3 1/2-year-old Internet hangout at $15 billion or the rare snub of online search leader Google Inc.
 
Sony 2Q profit soars on electronics
Oct 25 2007 12:21PM (CT)
TOKYO (AP) - A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
 
Sony 2Q profit soars on electronics
Oct 25 2007 12:21PM (CT)
TOKYO (AP) - A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
 
Sony 2Q profit soars on electronics
Oct 25 2007 12:21PM (CT)
TOKYO (AP) - A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
 
Sony 2Q profit soars on electronics
Oct 25 2007 12:21PM (CT)
TOKYO (AP) - A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
 
Teen's ticket hinges on GPS vs. radar
Oct 25 2007 12:07PM (CT)
WINDSOR, Calif. (AP) - Given the option of contesting a traffic ticket, most motorists _ 19 out of 20 by some estimates _ would rather pay up than pit their word against a police officer's in court.
 
Comcast 3Q profit tumbles, shares slide
Oct 25 2007 11:57AM (CT)
PHILADELPHIA (AP) - Comcast Corp., the nation's biggest cable TV systems operator, said Thursday that its third-quarter profit fell 54 percent and new customer additions slowed amid intensified competition from phone and satellite TV companies.
 
Intel, scholars explore tech frontier
Oct 25 2007 12:42AM (CT)
PITTSBURGH (AP) - On university campuses in three states, teams funded by Intel Corp. are exploring the future of computing _ and of the market for Intel's industry-driving microprocessors.
 
VMware's strong 3Q impresses Wall Street
Oct 25 2007 12:37AM (CT)
SAN FRANCISCO (AP) - Geopolitical instability, a looming economic slowdown, competition from startups and a rivalry with the world's largest software company haven't dampened Wall Street's enthusiasm for newly public VMware Inc.
 
VMware's strong 3Q impresses Wall Street
Oct 25 2007 12:37AM (CT)
SAN FRANCISCO (AP) - Geopolitical instability, a looming economic slowdown, competition from startups and a rivalry with the world's largest software company haven't dampened Wall Street's enthusiasm for newly public VMware Inc.
 
   

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