Thursday - January 28, 2010
Nintendo, maker of the hit Wii game console, said profit for April through December fell 9 percent after price cuts and the rising yen tarnished strong holiday sales. Nintendo reported Thursday a $2.1 billion profit for the nine months through Dec. 31, down from $2.4 billion a year earlier. Sales retreated 23 percent to $13.1 billion. Kyoto-based Nintendo blamed a lackluster first half and a strong yen for overshadowing robust holiday sales. A 20 percent price cut of the Wii also eroded profitability.
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Thursday - January 28, 2010
Oracle says it will focus strongly on customer service and support for customers of both its products and those of Sun Microsystems, whose acquisition it completed on Wednesday. "We believe our customers deserve the best level of support and it's our job to make that extremely compelling," said Juergen Rottler, executive vice president of Oracle global customer services.
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Thursday - January 28, 2010
As the U.S. federal government moves ahead with its cloud computing strategy, it may find that the real bugbear won't be technology but politics. What else would expect on the Hill? Other problems could pop up in the government's approach to security and a lack of adequately qualified staff. Can these issues be resolved?
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Wednesday - January 27, 2010
Oracle announced on Wednesday the completion of its $7 billion acquisition of Sun Microsystems. At a briefing on its plans, Oracle pledged to reenergize Sun's brand name, products and other assets. Further, Oracle said it will continue its commitment to open systems and Java. "We'll invest in Java One; it'll just go global," Oracle Copresident Charles Phillips said.
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Wednesday - January 27, 2010
After a painful descent, things may finally be looking up for long-suffering Yahoo. Coming off its best quarterly performance since hiring Carol Bartz as its chief executive a year ago, Yahoo promised late Tuesday to deliver even more meaningful progress this year. For starters, the Internet company expects its revenue for the three months ending in March to rise 3 percent to $1.63 billion.
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Wednesday - January 27, 2010
In the world of venture capital fund-raising, the would-be entrepreneur is usually the party who goes looking for acceptance. However, that's not the way MashLogic got funded. Instead, several partners at Bessemer Venture Partners sought out Ranjit Padmanabhan with seed money and the cofounder title to start up MashLogic in late 2007.
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Tuesday - January 26, 2010
DoJ has cleared the path for Live Nation and Ticketmaster to merge -- but with several conditions attached, including significant support to companies that will be formed to provide competition. The two firms, which announced the possibility of a merger a year ago, have agreed to the conditions, setting the stage for the creation of a large, multifaceted, multiservice live music company.
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Tuesday - January 26, 2010
The online poker scene was set on its ear with the arrival of the Swedish phenom known only by his Tolkien-esque moniker of "Isildur1." Isildur1 burst onto the scene in September 2009 and soon began to frequent the nosebleed seats of $1000/$2000 Pot Limit Omaha reserved for the true high stakes gamer.
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Monday - January 25, 2010
Minnesota federal judge Michael Davis has reduced the fine imposed on Jammie Thomas-Rasset for illegally sharing music on the Internet from $1.92 million to $54,000. Davis, who presided over the trial, said that the original calculations to determine Thomas-Rasset's penalty -- more than $83,000 per song -- were "monstrous and shocking."
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Monday - January 25, 2010
Regardless of the state of the economy, information security remains a top concern for consumers worked up about their information, for businesses seeking to protect that information, and for job-seekers looking for the next big thing. Even during the recession, the demand for information security-related jobs has remained strong.
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Sunday - January 24, 2010
New architectures for data and logic processing are ushering in a game-changing era of advanced analytics. These new approaches support massive data sets to produce powerful insights and analysis -- yet with unprecedented price-performance. As we enter 2010, enterprises are including more forms of diverse data into their business intelligence activities.
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