Business Week technology feed
Google, Under Attack, May Close China Site
The search giant has clashed with Chinese authorities and says other large companies have been targeted by 'sophisticated' attacks. It plans to stop censoring search results in China
Categories: Technology
Google Phone Threatens Droid More Than iPhone
The only thing revolutionary about Google's Nexus One is its business model, says Rich Jaroslovsky
Categories: Technology
Sony Incoming CEO Hirai Vows ‘Painful’ Steps to Cut Costs
Sony Corp. incoming Chief Executive Officer Kazuo Hirai said he will make “a hard, painful decision” to cut costs in the TV business and supply chain to turn around a company facing a fourth straight annual loss.
Categories: Technology
U.S. Air Force May Buy 18,000 Apple IPad2s for Flight Crews
The U.S. Air Force may buy as many as 18,000 iPad2s in what would be one of the military’s biggest orders of computer tablets, accelerating Apple Inc.’s inroads into the federal government.
Categories: Technology
Groupon Hires Taaffe to Improve Coupon Site’s Public Face
Groupon Inc. hired public-relations executive Paul Taaffe to run communications for the daily-deal site, which has had several publicity mishaps in the last year.
Categories: Technology
Alcatel Rises on Profit Forecast, Patents Strategy: Paris Mover
Alcatel-Lucent, France’s largest telecommunications-equipment supplier, rose the most in a year in Paris after forecasting higher profit margins and announcing a plan to boost cash from its trove of 29,000 patents.
Categories: Technology
Micron’s Adams Says Computer Memory Prices Probably Bottomed
Micron Technology Inc. President Mark Adams said prices of computer memory have probably hit their lowest after a slump that caused losses at three of the four largest companies in the industry.
Categories: Technology
U.S. Air Force May Buy 18,000 Apple IPad 2s for Flight Crews
The U.S. Air Force may buy as many as 18,000 iPad 2s in what would be one of the military’s biggest orders of computer tablets, accelerating Apple Inc.’s inroads into the federal government.
Categories: Technology
Sony Turning to Medical-Imaging Chips
Equipment that exploits an edge in disease-detecting technologies could revive Sony, says incoming Chief Executive Officer Kazuo Hirai
Categories: Technology
America Movil Falls as Costs Squeeze Profit: Mexico City Mover
America Movil SAB, the biggest mobile-phone carrier in the Americas, fell the most in two months in Mexico after profit missed analysts’ estimates amid costs to recruit new subscribers and service debt.
Categories: Technology
Facebook Value Tops $100 Billion in Private Market Trading
Facebook Inc.’s privately traded shares have risen 10 percent since the dominant social network filed for an initial public offering, pushing its market value past $100 billion, according to SharesPost Inc.
Categories: Technology
Intel Antitrust Suit to Be Dropped in N.Y.
New York has ended its more than two-year-old antitrust suit against Intel without imposing any fines or restrictions
Categories: Technology
TomTom Rises After Rabo Raises Recommendation: Amsterdam Mover
TomTom NV, Europe’s biggest maker of portable navigation devices, rose to the highest in seven months after Rabo Securities raised its recommendation, citing strong automotive sales and a potential Apple Inc. mapping deal.
Categories: Technology
Google Testing New Gadget
Google is working on a new entertainment device that will rely on wireless networking, according to a FCC filing
Categories: Technology
America Movil Profit Squeezed by Cost to Sign Wireless Users
America Movil SAB, the biggest mobile-phone carrier in the Americas, reported fourth-quarter profit that missed analysts’ estimates as costs rose to recruit new subscribers and service debt.
Categories: Technology
Telus Misses Profit Estimates After Subsidizing Smartphones
Telus Corp., Canada’s third-largest wireless carrier, reported fourth-quarter profit that missed analysts’ estimates as the company spent more to subsidize the smartphones with which it is wooing customers.
Categories: Technology
Alcatel-Lucent to Cut Up to 1,800 Europe Jobs, Union Says
Alcatel-Lucent, France’s largest telecommunications-equipment supplier, plans to eliminate as many as 1,800 positions in Europe through firings and relocation, a top union official said.
Categories: Technology
Alcatel-Lucent Joins Ericsson, Kodak to Chase Cash From Patents
Alcatel-Lucent, the latest technology company to announce plans to make money from its patents, may generate several hundred million euros this year alone from its trove of 29,000 rights, Chief Financial Officer Paul Tufano said in an interview today.
Categories: Technology
Nuance Falls Most in 18 Months as Profit, Sales Trail Forecasts
Nuance Communications Inc., a maker of speech-recognition software, tumbled the most in 18 months after first-quarter earnings and revenue trailed analysts’ estimates on deferred sales in its mobile segment.
Categories: Technology
Micron’s Adams Says Computer Memory Prices Probably Bottomed Out
Micron Technology Inc. President Mark Adams said prices of computer memory have probably hit their lowest after a slump that caused losses at three of the four largest companies in the industry.
Categories: Technology
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more