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Tech Industry News Archives for October 31, 2007

Shell station customers 'pay by touch'
Oct 31 2007 11:46PM (CT)
NEW YORK (AP) - Chicago drivers have a new way to pay for gasoline: with their fingertips.
 
IBM plans major security initiative
Oct 31 2007 7:04PM (CT)
BOSTON (AP) - IBM Corp. plans to announce Thursday that it will boost what it spends developing computer security products to $1.5 billion in 2008, reflecting an intensifying focus for the company.
 
Whois studies approved, privacy deferred
Oct 31 2007 5:23PM (CT)
LOS ANGELES (AP) - A panel on Internet names voted Wednesday to defer long-simmering questions on whether names, phone numbers and other private information on domain name owners should remain public in open, searchable databases called Whois.
 
Google stock barrels through $700
Oct 31 2007 5:17PM (CT)
SAN FRANCISCO (AP) - Google Inc.'s stock price barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.
 
GPS maker Garmin's 3Q profit rises
Oct 31 2007 4:27PM (CT)
KANSAS CITY, Mo. (AP) - Navigation device maker Garmin Ltd. said Wednesday that its third-quarter profit rose 57 percent, beating Wall Street estimates as sales soared in all sectors, especially automotive.
 
NCR earnings down 63 pct on spinoff
Oct 31 2007 4:22PM (CT)
DAYTON, Ohio (AP) - NCR Corp., which makes automated teller machines, said Wednesday that its third-quarter earnings fell 63 percent, reflecting the spinoff of its Teradata unit. But the results beat Wall Street estimates, and NCR's stock jumped 9 percent.
 
Wal-Mart sells $199 Linux computer
Oct 31 2007 3:27PM (CT)
NEW YORK (AP) - Linux, the free operating system that's a perpetual underdog in the desktop market, is showing up in computers in Wal-Mart stores this week for the first time.
 
Wal-Mart sells $199 Linux computer
Oct 31 2007 3:27PM (CT)
NEW YORK (AP) - Linux, the free operating system that's a perpetual underdog in the desktop market, is showing up in computers in Wal-Mart stores this week for the first time.
 
Scams use striptease to break Web traps
Oct 31 2007 3:17PM (CT)
SAN JOSE, Calif. (AP) - In a new online striptease, the buxom, beautiful blonde who promises to remove her slinky scraps of lingerie doesn't want your money. She's interested in your brain. Really.
 
Wikipedia becomes a class assignment
Oct 31 2007 3:14PM (CT)
SEATTLE (AP) - Some academics cringe when students turn to Wikipedia as a reference for term papers.
 
Review: Free tunes service carries price
Oct 31 2007 2:48PM (CT)
NEW YORK (AP) - With a big selection of legal tunes and music videos available to download for free, SpiralFrog sounds like a music junkie's dream.
 
Alcatel-Lucent posts loss, will cut jobs
Oct 31 2007 1:58PM (CT)
PARIS (AP) - Alcatel-Lucent SA, struggling since the deal that formed the company, disclosed plans Wednesday to slash another 4,000 jobs and shake up top management as the telecom equipment maker reported a third straight quarterly loss.
 
Alcatel-Lucent posts loss, will cut jobs
Oct 31 2007 1:58PM (CT)
PARIS (AP) - Alcatel-Lucent SA, struggling since the deal that formed the company, disclosed plans Wednesday to slash another 4,000 jobs and shake up top management as the telecom equipment maker reported a third straight quarterly loss.
 
Top car-sharing services join forces
Oct 31 2007 1:51PM (CT)
BOSTON (AP) - Zipcar is acquiring rival car-sharing service Flexcar in a bid to head off emerging competition from traditional rental car firms that have been adding outlets in urban neighborhoods.
 
Top car-sharing services join forces
Oct 31 2007 1:51PM (CT)
BOSTON (AP) - Zipcar is acquiring rival car-sharing service Flexcar in a bid to head off emerging competition from traditional rental car firms that have been adding outlets in urban neighborhoods.
 
Garmin counterbids $3.3B for Tele Atlas
Oct 31 2007 1:44PM (CT)
AMSTERDAM, Netherlands (AP) - Garmin Ltd., the world's largest maker of personal navigation devices, unveiled an unsolicited $3.3 billion offer for Dutch digital mapmaker Tele Atlas NV on Wednesday, topping an offer by rival TomTom NV by 15 percent.
 
Cisco, Wipro enter technology alliance
Oct 31 2007 12:52PM (CT)
NEW DELHI (AP) - Cisco Systems Inc. and Indian software company Wipro Ltd. agreed Wednesday to develop information technology in an alliance that could fetch $1 billion in new business annually for the two companies.
 
Agency warns against fraudulent e-mails
Oct 31 2007 12:43PM (CT)
WASHINGTON (AP) - The federal agency that fights Internet scams and spam is caught in the middle of an effort to fool e-mail recipients.
 
Privacy groups target online advertising
Oct 31 2007 12:35PM (CT)
WASHINGTON (AP) - A coalition of privacy groups Wednesday called for creation of a "Do Not Track List," that would prohibit advertisers from tracking online movements of consumers.
 
Intel aids Africa while building market
Oct 31 2007 12:26PM (CT)
ABUJA, Nigeria (AP) - Computer chip maker Intel Corp.'s chairman, Craig Barrett, launched a "digital inclusion project" Wednesday in Nigeria that aims to train 150,000 teachers, provide 3,000 computers to schools and pilot an electronic means for hospitals to care for children in remote areas.
 
FCC OKs cable competition for apartments
Oct 31 2007 11:16AM (CT)
WASHINGTON (AP) - Federal regulators on Wednesday approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices.
 
FCC OKs cable competition for apartments
Oct 31 2007 11:16AM (CT)
WASHINGTON (AP) - Federal regulators on Wednesday approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices.
 
IAC 3Q profit drops 4 percent
Oct 31 2007 7:53AM (CT)
NEW YORK (AP) - IAC, the Internet conglomerate controlled by media mogul Barry Diller, said third-quarter profit fell 4.2 percent but signs emerged that its home shopping network business has begun to turn around.
 
Google gets more social with new network
Oct 31 2007 6:39AM (CT)
SAN FRANCISCO (AP) - Google Inc. is setting up a distribution network for social networking applications, adding a new twist in the Internet search leader's brewing rivalry with rapidly maturing startup Facebook Inc.
 
   

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