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2009/02/25

Technology Update

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THE WALL STREET JOURNAL
TECHNOLOGY UPDATE

February 25, 2009 -- 3:00 p.m. EST

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Apple directors defended their handling of the disclosure of health issues for CEO Steve Jobs, who was absent from the annual meeting.

http://online.wsj.com/article/SB123558833534674489.html?mod=djemTECH

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Nortel plans to reduce its work force by 3,200 more positions as it tries to reorganize under bankruptcy court protection.

http://online.wsj.com/article/SB123557816238572849.html?mod=djemTECH

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Internet advertising could fall 5% in the current quarter, research firm IDC said, the first decline since the dot-com bubble burst in 2001.

http://online.wsj.com/article/SB123558776209174437.html?mod=djemTECH

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The FCC proposed to fine hundreds of small telecoms for not abiding by new rules aimed at protecting consumer phone records.

http://online.wsj.com/article/SB123552946213366401.html?mod=djemTECH

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Microsoft's Ballmer said he will continue to plow money into research despite the souring economy. He also repeated his desire to speak with Yahoo's new CEO about a search deal. - Digits: Microsoft Tells Overpaid Ex-Employees 'Our Bad' - Video: More on Microsoft, Apple

http://online.wsj.com/article/SB123548426979759217.html?mod=djemTECH

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Google said it wants to submit arguments in a European antitrust investigation against Microsoft, joining the makers of the Firefox and Opera Web browsers. - Digits: Google Warns Users About ViddyHo

http://online.wsj.com/article/SB123550666179362503.html?mod=djemTECH


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Liberty Media said its QVC home-shopping channel continues to face headwinds, and the company recorded a $1.24 billion write-down for its Starz movie channel.

http://online.wsj.com/article/SB123557076158571481.html?mod=djemTECH

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The Supreme Court rejected claims by Internet service providers that alleged an AT&T unit charged unreasonable wholesale prices for access to its phone network.

http://online.wsj.com/article/SB123557724939472589.html?mod=djemTECH

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Lenovo plans to shave about 450 jobs in China, or 2.7% of its China workforce, by the end of March as part of cost-cutting measures.

http://online.wsj.com/article/SB123558760601474429.html?mod=djemTECH

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Nokia announced a range of new voluntary job-cutting measures to increase cost-efficiency and adapt to weak market conditions. - Video: Vodafone Latest to Lay Off

http://online.wsj.com/article/SB123547044123458101.html?mod=djemTECH

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Sharp said it is planning its first issuance of straight bonds in nearly four years, highlighting how major Japanese electronics makers are rushing to raise funds with interest rates so low.

http://online.wsj.com/article/SB123555506321069741.html?mod=djemTECH

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Gartner lowered its forecast on global semiconductor sales this year, predicting a decline of 24%. Separately, IDC lowered its estimate on information-technology spending this year.

http://online.wsj.com/article/SB123556137086670263.html?mod=djemTECH

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From the BizTech Blog

Feb 25, 9:25 am
One Password to Rule Them All
Bill Gates declared that passwords were passe more than a decade ago, but their use is still widespread. And apparently, American consumers use the same one over and over again.

See Full Post: http://blogs.wsj.com/digits/2009/02/25/one-password-to-rule-them-all/?mod=djemTECH

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Feb 25, 6:04 am
Oxford Scientist: Facebook Might Ruin Minds
The perennial debate about whether fun technology is terrible for us has gotten a new spin in the U.K.

See Full Post: http://blogs.wsj.com/digits/2009/02/25/oxford-scientist-facebook-might-ruin-minds/?mod=djemTECH

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Feb 25, 12:01 am
Pain In Server Sales is Spreading
IDC is reporting that revenue in the world-wide market for server systems dropped 14% in the fourth quarter from the same period a year earlier. The sinking tide grounded all four major server makers.

See Full Post: http://blogs.wsj.com/digits/2009/02/25/pain-in-server-sales-is-spreading/?mod=djemTECH

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All Things Digital

Latest Posts

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- Nortel Announces Layoff Surplus
http://digitaldaily.allthingsd.com/20090225/nortel-announces-layoff-surplus/?reflink=ATD_wsj_quotes?mod=djemTECH

- Abandon All Hope, Ye Who Read These IT Forecasts
http://digitaldaily.allthingsd.com/20090225/abandon-all-hope-ye-who-read-these-it-forecasts/?reflink=ATD_wsj_quotes?mod=djemTECH

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TECHNOLOGY VIDEOS

WSJ's Katie Boehret provides a guide to new services from cellphone carriers that allow users to back up their contacts.

http://online.wsj.com/video/backing-up-your-cellphone-contacts/5C1DD88F-6149-4C2C-8FAA-F940EC867A91.html?mod=djemTECH

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