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Reuters - Thursday, December 24
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Apple to host product event in January: report
SAN FRANCISCO - Apple Inc <AAPL.O> has reserved space in late January at a venue in San Francisco in advance of a planned product announcement, the Financial Times reported on its blog on Wednesday. The company has rented a stage at the Yerba Buena Center for the Arts and is expected to make a "major product announcement" on Tuesday, January 26, the report said, citing people familiar with the plans.
Outage cripples BlackBerry Americas network
NEW YORK/SAN FRANCISCO - North and South American users of Research in Motion Ltd's <RIM.TO> BlackBerry smartphone suffered widespread delays in message services on Tuesday, just a week after another outage struck the popular corporate network. Customers and analysts had raised concerns about network stability after a short-lived outage on December 17 -- the same day the Canadian company reported quarterly results.
Microsoft loses Word appeal, will adjust program
SEATTLE - Microsoft Corp <MSFT.O> said on Tuesday it will tweak its Word application to remove a feature judged to be a breach of patent, ensuring that it will be able to continue selling one of its most widely used programs. The world's largest software company made the announcement shortly after a U.S. court of appeals upheld a $290 million jury verdict against it for infringing a patent held by a small Canadian software firm.
CBS and Walt Disney may join Apple TV venture: report
- Apple's <AAPL.O> plan of offering television subscription via the Internet might receive a boost with U.S. media companies CBS <CBS.N> and Walt Disney's <DIS.N> probable participation in the venture, the Wall Street Journal reported on Tuesday. The planned subscription service by Apple may offer television shows from major networks for a monthly fee, which could significantly alter the television business, the paper said, citing people familiar with the matter.
China to require Internet domain name registration
BEIJING late on Sunday.
Shoppers were online, not at malls, last weekend
CHICAGO - Many U.S. consumers stayed away from malls and headed online to take care of their holiday shopping last weekend as a major snowstorm hit the East Coast, data released on Tuesday showed. Retail sales on Saturday fell 12.6 percent, while traffic in U.S. stores fell 12.4 percent, according to ShopperTrak.
Barnes & Noble compensates buyers for late Nook
NEW YORK - Bookseller Barnes & Noble Inc <BKS.N> plans to issue $100 gift certificates to people who won't receive its Nook electronic reader by December 24, if they had ordered it on time. The company, which has been bedeviled with problems in producing and delivering the e-reader in time for the holiday season, earlier this month postponed the in-store debut of the $259 device.
Small iPhone developer Tapulous sees big success
SAN FRANCISCO - IPhone app developer Tapulous says its sales have approached $1 million a month, providing fresh evidence of the growing success of start-ups designing programs for Apple Inc's <AAPL.O> mobile device. Tapulous -- with a mere 20 employees -- said its "Tap Tap Revenge" game series has now been installed more than 20 million times, with more than 600 million total games played.
Hynix can spend $2 billion capex in 2010
SEOUL <004940.KS> said in a statement that Hynix should be able to fund the estimated investment and to repay about 1 trillion won in debt with its own cash, without resorting to outside financial support.
RIM outshines Palm but fails to dispel all doubts
OTTAWA - BlackBerry maker Research In Motion <RIM.TO> <RIMM.O> may have zipped past expectations for its quarterly results and forecast, but it hasn't dispelled all doubts about its staying power to lead the race. By contrast, Palm Inc <PALM.O> reported disappointing results on Thursday on weaker consumer demand, and analysts said it looks likely to focus on boosting sales rather than profit in the near term.
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