THE WALL STREET JOURNAL
TECHNOLOGY UPDATE
December 29, 2008 -- 3:00 p.m. EST
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Holiday sales of Sony's PS3 lagged behind Nintendo's Wii and Microsoft's Xbox 360, as its heavy price tag weighed on consumers amid a sensitive economy.
http://online.wsj.com/article/SB123050978162738293.html?mod=djemTECH
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Online sales held up better than the rest of the retail market during the dismal holiday period, but the season is still likely to go down as one of the worst on record. - Complete Coverage: Holiday Shopping - Video: Shoppers In Search of Bargains
http://online.wsj.com/article/SB123050575158338075.html?mod=djemTECH
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Satyam said the stake held by the company's founders may have been reduced as a result of margin calls.
http://online.wsj.com/article/SB123055977029539303.html?mod=djemTECH
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Obama's pledge to get more classrooms online comes at a time of broad experimentation in high-tech education.
http://online.wsj.com/article/SB123050778470438219.html?mod=djemTECH
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Amazon called its 2008 holiday shopping season "the best ever," despite a series of predictions for weakness even for online sales.
http://online.wsj.com/article/SB123029910235635355.html?mod=djemTECH
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Wal-Mart said it will begin selling Apple's iPhone on Sunday, but the cellphones won't be discounted as much as some anticipated.
http://online.wsj.com/article/SB123030889900435537.html?mod=djemTECH
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Verizon won $33.2 million in a "cybersquatting" case against a firm that registered Internet domain names similar to the company's trademarks.
http://online.wsj.com/article/SB123013196536432935.html?mod=djemTECH
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GOME Electrical Appliances said it suspended the executive duties of its chairman, Huang Guangyu, amid allegations of financial impropriety.
http://online.wsj.com/article/SB123025558006734647.html?mod=djemTECH
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Micron Technology extended its streak of money-losing quarters, as it booked a $369 million write-down of memory chips.
http://online.wsj.com/article/SB123005809178530663.html?mod=djemTECH
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Notebook computers outpaced desktop shipments for the first time due to popularity of low-cost machines known as netbooks.
http://online.wsj.com/article/SB123004191834629943.html?mod=djemTECH
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A top executive at Fry's Electronics has been arrested on federal charges that he defrauded the retailer of $65 million in a kickback scheme.
http://online.wsj.com/article/SB123008146563231973.html?mod=djemTECH
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Creditors of Hynix Semiconductor said they have agreed to provide $611.1 million in financing to the South Korean chip maker.
http://online.wsj.com/article/SB123008239269532017.html?mod=djemTECH
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From the BizTech Blog
Dec 26, 3:17 pm
Amazon's ?Best Ever? Holiday Season
Not every retailer received the sales equivalent of a lump of coal for Christmas: Amazon.com announced Friday that the 2008 holiday season was its "best ever."
See Full Post: http://blogs.wsj.com/digits/2008/12/26/amazons-best-ever-holiday-season/?mod=djemTECH
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Dec 26, 2:48 pm
Why NORAD Tracks Santa
For those parents out there whose children demand concrete information about Santa's whereabouts and won't settle for plain old "he'll come down through the chimney," is something of a Christmas blessing.
See Full Post: http://blogs.wsj.com/digits/2008/12/26/why-norad-tracks-santa/?mod=djemTECH
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Dec 24, 5:56 pm
The FriendFinder IPO Filing: Just the Naughty Bits
FriendFinder Networks Inc. on Tuesday filed a form with the SEC to raise up to $460 million in an IPO. There are some revealing details in the prospectus, if you'll pardon the expression.
See Full Post: http://blogs.wsj.com/digits/2008/12/24/the-friendfinder-ipo-filing-just-the-naughty-bits/?mod=djemTECH
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All Things Digital
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http://digitaldaily.allthingsd.com/20081229/sony-2/?reflink=ATD_wsj_quotes?mod=djemTECH
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http://kara.allthingsd.com/20081229/twitter-where-nobody-knows-your-name-the-sequel/?reflink=ATD_wsj_quotes?mod=djemTECH
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TECHNOLOGY VIDEOS
WSJ's Christopher Lawton introduces our new Tech on a Budget segment with a review of some online alternatives to cable television.
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