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Reuters - Thursday, January 27
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Sony handheld to take on Nintendo DS, smartphones
TOKYO - Sony Corp <6758.T> is set to launch a head-on challenge to Nintendo Co Ltd <7974.OS> and Apple Inc <AAPL.O> with a new handheld game device that analysts widely expect to be unveiled at an event in Tokyo on Thursday. The consumer electronics giant has declined to comment on the agenda for the event, which comes the same day Nintendo is expected to report a slide in quarterly profit. Nintendo next month launches its 3D version of its popular DS model.
Coming next: Carry-along base station for travelers
HELSINKI - A technology startup backed by Google unveiled on Wednesday the world's first personal base station for international travelers, enabling them to cut roaming fees and make mobile calls like in a home country. Ubiquisys said the timing of devices reaching consumers depended on telecoms operators and it was in talks with several operators.
Google widens access to Israel's Holocaust archives
JERUSALEM - Search engine giant Google <GOOG.O> launched a massive archive retrieval project with Israel's national Holocaust museum on Wednesday with the aim of easing public access to Nazi-era documents and photographs. The project was unveiled on the eve of a global day of remembrance for the six million Jewish Holocaust victims, marked annually on January 27.
Yahoo warns of weak Q1, more cost cuts planned
SAN FRANCISCO - Yahoo Inc <YHOO.O> warned that revenue will again slide this quarter as it bleeds traffic to Google and Facebook and as a much-touted search partnership with Microsoft Corp <MSFT.O> fails to deliver quick results. Yahoo reported its third consecutive quarter of declining page views on its websites. CEO Carol Bartz, who after two years in charge is facing increasing pressure to turn the once-dominant Internet portal around, promised investors that revenue growth will return in 2011's second half once its tie-up with Microsoft takes off.
A year later, Microsoft picture looks very different
SEATTLE - A year ago, Microsoft Corp <MSFT.O> blew away Wall Street's earnings forecasts with blistering sales of its new Windows 7 operating system and trumpeted optimism about the recovery in tech spending. This week, with its stock trading slightly lower than a year ago, the world's largest software company is set to report lower profit as PC sales growth fizzles, and it struggles to convince investors that it can grab a foothold in the fast-moving mobile and tablet markets.
Mobile app industry to surge in 2011: Gartner
HELSINKI - Worldwide mobile application store revenue will almost triple to $15.1 billion this year, boosted by a surge in Google's Android market, research firm Gartner said on Wednesday. Apple created the market for mobile online software stores with the iPhone store in mid-2008, scoring an instant hit that drove smartphone sales and reshaped the way mobile content is delivered.
Obama pushes expanding high-speed wireless service
WASHINGTON - U.S. President Barack Obama on Tuesday called for expanding high-speed wireless services to meet the voracious appetite of consumers and businesses, a task that could be tough because airwaves are a finite resource and demand is almost limitless. "Within the next five years, we will make it possible for business to deploy the next generation of high-speed wireless coverage to 98% of all Americans," Obama said during his annual State of the Union speech to the U.S. Congress.
Tablet boom boosts PC market in Q4: Canalys
HELSINKI - Consumers picking up tablet computers, or pads, during the holiday season boosted the personal computer market 19.2 percent in the fourth quarter, research firm Canalys said on Wednesday. Hewlett-Packard Co <HPQ.N> and Acer Inc <2353.TW> continued to lead the global market, while strong sales of the iPad lifted Apple Inc <AAPL.O> to No. 3 ranking globally on the basis of number of machines sold, Canalys said.
FCC may approve cellphone use of satellite airwaves: report
decision will allow the Virginia-based LightSquared to lease its airwaves to traditional mobile phones instead of pricier satellite phones, the Journal said.
Twitter confirms it is blocked in Egypt
SAN FRANCISCO - Twitter confirmed on Tuesday the Internet messaging and communications site had been blocked in Egypt, where thousands of people have taken to the streets to protest President Hosni Mubarak's 30-year rule. "We believe that the open exchange of info & views benefits societies & helps govts better connect w/ their people," the company wrote in a message, or tweet, as it confirmed the blocking of its service.
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Other News on Thursday, 27 January 2011 Unprecedented anti-government protests rock Egypt
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