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Reuters - Sunday, August 16
Facebook to face off with new Web rivals
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SAN FRANCISCO - Facebook's vision of becoming a "utility" that offers activities to keep people online for hours could set it on a collision course with the Web's giants. In recent days, the No.1 social networking company revamped its search engine and bought a start-up that some call a rival to hot micro-blogging service Twitter. It is also testing a stripped-down version of its service to boost growth overseas and is developing an electronic payments system.
Microsoft prices Zune HD below iPod
SEATTLE - Microsoft Corp <MSFT.O> put its new Zune HD digital music and video player on sale on Thursday, pricing it below comparable Apple Inc <AAPL.O> iPod devices, in an attempt to claw some market share away from the dominant leader. The devices, which are available for pre-order but won't hit shelves until September 15, are priced at $219.99 for the 16 gigabyte version and $289.99 for the 32 gigabyte version. Comparable iPod Touch players are priced at $299 and $399 respectively.
Google users search more, very loyal: comScore
LOS ANGELES - Search market leader Google Inc <GOOG.O> holds greater loyalty among its users, who conduct more searches a month than those on Yahoo! and Microsoft, new data issued on Friday showed, posing a challenge for the new team of rivals to Google. While Yahoo! Inc <YHOO.O> and Microsoft Corp <MSFT.O> lag far behind Google in overall search share, their combined search penetration of 73 percent is not far behind Google, at 84 percent, according to research house comScore, Inc.
U.S. video game sales down 29 pct in July - NPD
SAN FRANCISCO - U.S. video game equipment and software sales fell 29 percent in July to $848.9 million, research group NPD said on Thursday, as the gaming industry limps through the economic downturn. Hardware sales fell 37 percent from a year ago, while software sales slid 26 percent, NPD said. Sales of video game accessories declined 12 percent.
Leaked Radiohead song has fans on alert for new EP
LONDON - There is speculation that Radiohead will issue a new digital EP as early as Monday, after the leak of a track online assumed to be a new song by the band. Fan site At Ease reports that the track "These Are My Twisted Words" was posted on its message board, and it has since appeared on YouTube. According to At Ease, the source file includes the title "Wall of Ice" -- assumed to be the name of the EP -- and the release date August 17.
BetOnSports founder pleads guilty in U.S. court
WASHINGTON - The founder of the defunct British online gambling firm BetOnSports pleaded guilty in U.S. court on Friday and agreed to forfeit more than $43 million in criminal proceeds, the Justice Department said. It said Gary Kaplan, 50, who founded the high-profile early player in offshore Internet sports gambling, pleaded guilty to charges of conspiring to violate the federal racketeering and other U.S. laws.
U.S. business welcomes Obama export control review
WASHINGTON - U.S. high-technology exporters on Friday welcomed President Barack Obama's decision to undertake a comprehensive review of U.S. export controls rooted in Cold War fears of the former Soviet Union. "The economic and security challenges our country faces continue to grow more complex, and we must have a modern export control system that protects U.S. technology while allowing us to cooperate and trade with our close allies and partners," Marion Blakey, president of the Aerospace Industries Association, said in statement.
Deadline for U.S. broadband grants, loans extended
WASHINGTON said.
Asian Web connections set to resume by end of Thursday
TAIPEI - Up to 90 percent of all voice call and Internet services from parts of East Asia that were disrupted after Typhoon Morakot damaged undersea cables will resume by the end of Thursday, a senior Chunghwa Telecom official said. Many Web users in Taiwan, Hong Kong, Singapore and the Philippines experienced slow Internet connections this week as undersea landslides damaged cables connecting them to websites hosted in the United States.
Microsoft, Nokia form alliance to rival RIM
SEATTLE/HELSINKI - Microsoft Corp <MSFT.O> and Nokia <NOK1V.HE> announced an alliance on Wednesday to bring business software to smartphones and counter the dominance of Research in Motion Ltd's <RIM.TO> BlackBerry. The alliance between the world's largest software company and cell phone maker means the latest versions of Microsoft's Office applications, including Word, Excel, PowerPoint and messaging, will be available on a range of Nokia cell phones, which make up 45 percent of the global smartphone market.
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US-TECH Summary
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