Reuters - 2 hours 37 minutes ago
Mobile carriers answer call for new services
DENVER - Wireless carriers appear poised to deliver on what the mobile industry has long seen as its holy grail -- location-based services. Today's mobile phones can provide remarkably specific location data to their users through a combination of embedded GPS chips and network-based cell-tower data. It's a feature that holds great promise for commercial applications by providing the ability to deliver to mobile phone users information, entertainment and advertising tailored to their location.
Vatican to get own YouTube channel
VATICAN CITY - The Vatican will soon have its own channel on the video sharing site YouTube where the Catholic faithful or the curious will be able to see Pope Benedict or Church events, a Vatican source said on Saturday. The details of the accord are due to be presented on Friday at a news conference attended by Vatican officials as well as Henrique de Castro, managing director of media solutions for Google <GOOG.O>, which owns YouTube.
Nokia's music service set for Australia, Singapore
CANNES, France - Nokia, the world's top mobile phone maker, plans to roll out its unlimited music service in Australia and Singapore later this quarter and is eyeing further expansion in Europe and the United States. Tero Ojanpera, the head of entertainment and communities at Nokia, told the MidemNet annual digital music gathering in Cannes that the roll out would continue following a good experience in Britain.
LG Display says market hit bottom, focus on mobiles
SEOUL industry has hit a bottom and TV panel prices are expected to recover in coming months on solid demand for small-sized flat screen TVs, the head of LG Display Co Ltd <034220.KS> said. Chief executive Kwon Young-soo also said high-end mobile display would be the new focus of the world's second-biggest LCD maker, which now mostly produces TVs, computer monitors and notebook panels.
Microsoft CEO and Yahoo Chairman have met: reports
SAN FRANCISCO - Microsoft Corp <MSFT.O> Chief Executive Steve Ballmer and Yahoo Inc <YHOO.O> Chairman Roy Bostock met in New York this week, according to media reports. The New York Times reported on Friday that the two had met, citing a person briefed on the meeting.
Steve Jobs's cancer may have recurred: doctors
SAN FRANCISCO - Pancreatic cancer experts say they are puzzled by what is ailing Apple Inc <AAPL.O> Chief Executive Steve Jobs, because it is not clear how serious his health problems are or how directly they relate to his bout with cancer. Last week, Jobs said he had an easily treatable "hormonal imbalance" that was robbing his body of the proteins it needs. Then, on Wednesday, the 53-year-old CEO said his problems were "more complex" than originally thought, and he would take a medical leave of absence for six months.
AMD to cut 1,100 jobs
NEW YORK - Advanced Micro Devices Inc <AMD.N> will eliminate 1,100 jobs, cut salaries and take a new $622 million charge for its acquisition of graphics chip maker ATI, bringing total writeoffs for the deal to $3.17 billion. AMD, which trails Intel Corp <INTC.O> in the computer chip market, said the salary decreases range from 20 percent for its two top executive to 5 percent for lower level employees in North America and voluntary pay cuts in other regions.
EU accuses Microsoft of harming browser competition
LOS ANGELES/BRUSSELS - The European Commission accused Microsoft Corp <MSFT.O> on Friday of stymieing competition by bundling its Internet Explorer Web browser with Windows systems, firing the latest salvo in an expensive, years-long battle with the software titan. The executive arm of the European Union reached the preliminary view that the company, which controls roughly three-quarters of the Web browser arena, had prevented rival browsers from competing and had infringed EU rules by abusing its dominant position.
Global digital music sales up 25 percent
London - Legitimate digital music sales grew strongly in 2008 but were still dwarfed by the scale of illegal downloads, despite industry efforts to adapt to the Internet and offer more choice to customers. A report by the trade body IFPI showed legal digital global sales grew by an estimated 25 percent to $3.7 billion in trade value, to account for about 20 percent of the industry's global recorded music sales, up from 15 percent in 2007.
Financial crisis ate your job? Try MySpace
NEW YORK - The world financial crisis has produced more than its share of losers. MySpace and other online social networks want to capitalize on them. MySpace, which is owned by Rupert Murdoch's international media conglomerate News Corp <NWSA.O>, told Reuters that its jobs site has seen a big rise in traffic during the past year -- particularly after the onset of the financial meltdown.
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