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2008/10/29

Technology Update

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THE WALL STREET JOURNAL
TECHNOLOGY UPDATE

October 29, 2008 -- 3:00 p.m. EDT

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Motorola's cellphone chief is expected to unveil a plan to streamline development, cut costs and focus on Google's Android operating system.

http://online.wsj.com/article/SB122523624204277979.html?mod=djemTECH

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Sony posted a 72% fall in second-quarter profit, hit by the unexpected weakening of the euro against the yen.

http://online.wsj.com/article/SB122526211967579487.html?mod=djemTECH

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Cable operator Comcast reported a 38% rise in profit, bolstering the view that it can continue to withstand competition from phone companies and a decline in consumer spending.

http://online.wsj.com/article/SB122528255613979891.html?mod=djemTECH

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Qwest said its quarterly profit fell sharply and forecast a revenue decline for the year. The phone company plans to cut about 3% of its work force this quarter.

http://online.wsj.com/article/SB122528200753779849.html?mod=djemTECH

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Google will pay $125 million to resolve lawsuits from publishers and authors challenging its Book Search service, clearing the way for the Internet giant to make many millions of digital books available on the Web. - BizTech: Q&A with Google's Sergey Brin

http://online.wsj.com/article/SB122520482616076055.html?mod=djemTECH

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Microsoft released a test version of its upcoming Windows 7 operating system to programmers and said it will make free Web-based versions of its Office programs.

http://online.wsj.com/article/SB122521085638276479.html?mod=djemTECH


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From the BizTech Blog

Oct 29, 11:37 am
Barry Diller Goes Shopping


See Full Post: http://blogs.wsj.com/biztech/2008/10/29/barry-diller-goes-shopping/?mod=djemTECH

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Oct 29, 12:50 am
LinkedIn Bets Professionals Like Apps, Too


See Full Post: http://blogs.wsj.com/biztech/2008/10/29/linkedin-bets-professionals-like-apps-too/?mod=djemTECH

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Oct 29, 12:02 am
BlackBerry Venture Fund Announces First Deals
The BlackBerry Partners Fund, a venture capital firm backed by RIM, Royal Bank of Canada, and Thompson Reuters, announced its first three investments.

See Full Post: http://blogs.wsj.com/biztech/2008/10/29/blackberry-venture-fund-announces-first-three-deals/?mod=djemTECH

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All Things Digital

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http://digitaldaily.allthingsd.com/20081029/yahoo-search-market-share-apparently-inversely-related-to-yahoo-share-price/?reflink=ATD_wsj_quotes?mod=djemTECH

- Rogers: iCanada
http://digitaldaily.allthingsd.com/20081029/rogers-icanada/?reflink=ATD_wsj_quotes?mod=djemTECH

- Who Needs Seinfeld Microsoft's New Do-It-Yourself Ads
http://mediamemo.allthingsd.com/20081029/who-needs-seinfeld-microsofts-new-do-it-yourself-ads/?reflink=ATD_wsj_quotes?mod=djemTECH

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TECHNOLOGY VIDEOS

Paul Wick, managing director of J & W Seligman & Co., says (at Barron's Art of Successful Investing) the tech sector is showing signs of weakness but there are still some good stock picks. (Oct. 28)

http://online.wsj.com/video/tech-sector-safe-haven-no-more/3BBF0F33-9DFF-41E5-8722-B6D1D407B57E.html?mod=djemTECH

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