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Tech Industry News Archives for December 19, 2007

Ex-CEO vouches for convicted colleague
Dec 19 2007 9:02PM (CT)
SAN FRANCISCO (AP) - The former chief executive of Brocade Communications Systems Inc. vouched for his co-defendant in a closely watched stock options backdating case, asserting in documents unsealed Wednesday that she didn't know she was executing improper transactions.
 
Ex-CEO vouches for convicted colleague
Dec 19 2007 9:02PM (CT)
SAN FRANCISCO (AP) - The former chief executive of Brocade Communications Systems Inc. vouched for his co-defendant in a closely watched stock options backdating case, asserting in documents unsealed Wednesday that she didn't know she was executing improper transactions.
 
NetSuite IPO prices at $26 per share
Dec 19 2007 7:43PM (CT)
SAN FRANCISCO (AP) - NetSuite Inc. priced its initial public offering at $26 per share Wednesday, raising $161 million for its online business software service and showering its largest stockholder, billionaire Larry Ellison, with still more riches.
 
NetSuite IPO prices at $26 per share
Dec 19 2007 7:43PM (CT)
SAN FRANCISCO (AP) - NetSuite Inc. priced its initial public offering at $26 per share Wednesday, raising $161 million for its online business software service and showering its largest stockholder, billionaire Larry Ellison, with still more riches.
 
Oracle 2Q profit soars 35 percent
Dec 19 2007 6:42PM (CT)
SAN FRANCISCO (AP) - Oracle Corp. fared far better than analysts anticipated in its fiscal second quarter, easing worries that the sagging U.S. economy will curtail corporate spending on technology and drag down the business software maker.
 
Oracle 2Q profit soars 35 percent
Dec 19 2007 6:42PM (CT)
SAN FRANCISCO (AP) - Oracle Corp. fared far better than analysts anticipated in its fiscal second quarter, easing worries that the sagging U.S. economy will curtail corporate spending on technology and drag down the business software maker.
 
Oracle 2Q profit soars 35 percent
Dec 19 2007 6:42PM (CT)
SAN FRANCISCO (AP) - Oracle Corp. fared far better than analysts anticipated in its fiscal second quarter, easing worries that the sagging U.S. economy will curtail corporate spending on technology and drag down the business software maker.
 
Facebook 'is' is no longer
Dec 19 2007 5:41PM (CT)
SEATTLE (AP) - To be, or not to be: Now Facebook users can decide.
 
Pew: Phones, in-person strong with teens
Dec 19 2007 5:35PM (CT)
NEW YORK (AP) - Teenagers still value phone calls and face-to-face meetings with friends even as they frequent online hangouts like Facebook and MySpace, a new study finds.
 
MTV, Bruckheimer to make video games
Dec 19 2007 5:07PM (CT)
NEW YORK (AP) - With a long list of credits for blockbuster movies and hit TV shows under his belt, Hollywood producer Jerry Bruckheimer is branching into video games.
 
Wireless airwaves auction gets newcomers
Dec 19 2007 4:57PM (CT)
WASHINGTON (AP) - The billions of dollars worth of airwaves being auctioned off next month have drawn a peculiar pool of bidders, including Chevron, Microsoft co-founder Paul Allen and the world's third richest man.
 
$31.5 million gambling settlement
Dec 19 2007 3:49PM (CT)
ST. LOUIS (AP) - The three largest Internet companies have agreed to pay a combined $31.5 million to settle federal civil allegations they took ads for illegal gambling, the U.S. Attorney for eastern Missouri said Wednesday.
 
Microsoft to serve ads on Viacom sites
Dec 19 2007 2:41PM (CT)
NEW YORK (AP) - Media company Viacom Inc. is ditching DoubleClick as the primary provider of online advertising to its Web sites, replacing it with a rival platform owned by Microsoft Corp.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Palm loses $9.6M in 2Q as delays persist
Dec 19 2007 10:55AM (CT)
SAN FRANCISCO (AP) - The past half-year has been brutal for Palm Inc., which has endured executive churn, restructuring, product delays and investor skepticism.
 
Consumers still spending on gadgets
Dec 19 2007 10:01AM (CT)
NEW YORK (AP) - Retail slowdown aside, people are still shopping for consumer electronics this holiday season, and growth in the field could be double the growth in retail overall.
 
Consumers still spending on gadgets
Dec 19 2007 10:01AM (CT)
NEW YORK (AP) - Retail slowdown aside, people are still shopping for consumer electronics this holiday season, and growth in the field could be double the growth in retail overall.
 
Toyota to develop cars for seniors
Dec 19 2007 9:50AM (CT)
TOKYO (AP) - For those feeling nervous behind the wheel as old age kicks in, savvy cars may be the answer.
 
   

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