Motorola shares soar on possible breakup
January 31, 2008
AP - Motorola Inc.’s investors were placated for at least a day — and sent its battered stock soaring 10.3 percent Friday — after the company signaled it may get out of its trademark cell-phone business.
Yahoo’s dethroned chief executive leaves board of directors
January 31, 2008
AFP - Dethroned Yahoo chief executive Terry Semel left the struggling Internet firm’s board of directors on Thursday.
Yahoo’s Semel steps down as chairman
January 31, 2008
AP - Terry Semel stepped down as Yahoo Inc.’s chairman Thursday, severing his ties with the slumping Internet icon 7 1/2 months after he resigned as chief executive under shareholder pressure.
Amazon to buy Audible for $300 million
January 31, 2008
Reuters - Online retailer Amazon.com Inc said on
Thursday it reached a deal to buy digital audio books provider
Audible Inc for about $300 million, aiming to bolster its audio
download offerings.
Finger-thin cables tie Internet together
January 31, 2008
AP - The lines that tie the globe together by carrying phone calls and Internet traffic are just two-thirds of an inch thick where they lie on the ocean floor.
Electronic Arts swings to 3Q loss
January 31, 2008
AP - Video game publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt by restructuring charges and the way it accounts for online-enabled games.
Walking in rhythm is safe, even with earbuds: study
January 31, 2008
Reuters - Portable media players such as iPods
are unlikely to interfere with heart pacemakers, a U.S. Food
and Drug Administration researcher reported on Thursday.
Google’s 4Q earnings miss raises worries
January 31, 2008
AP - Google Inc.’s top executives say all is well at the Internet search leader despite a rare earnings disappointment, but investors are worried something is amiss.
Google Revenue Rises, Social Networking Ads Fall Short
January 31, 2008
TechWeb - CEO Eric Schmidt notes that more than half of the company’s search traffic is now outside the United States.
Motorola may spin off mobile phone division
January 31, 2008
InfoWorld - Motorola may spin off its handset business, the weakest part of a wireless giant that has seen hard times and a management shakeup in recent months.
