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 Corning Posts 4Q LCD Glass Profit of $646 Million |
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Wednesday, January 24 2007 @ 08:08 AM CST 0 comments Post a comment
Corning Inc., buoyed by higher demand for liquid-crystal-display glass, posted a $646 million profit in the fourth quarter but warned Wednesday that falling prices will drag profits and sales below Wall Street expectations in the current quarter.
The glass, fiber optics and specialty materials company earned the equivalent of 41 cents a share in the October-December period compared with a loss of $33 million, or 2 cents a share, in last year's fourth quarter when it recorded hefty tax-related costs.
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| Cingular 4Q Earnings Nearly Quadruple |
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Wednesday, January 24 2007 @ 08:08 AM CST 0 comments Post a comment
Cingular Wireless LLC, the nation's largest cell phone provider, said Wednesday its fourth-quarter profit nearly quadrupled, boosted by customer growth during the winter holidays.
Cingular said it earned $782 million during the fourth quarter, compared with $204 million in the same quarter of 2005. The company reported revenue of $9.8 billion, up 10 percent from $8.8 billion in the same period of 2005.
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| Zoo Celebrates Virgin Birth of Komodo Dragons |
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Wednesday, January 24 2007 @ 08:06 AM CST 0 comments Post a comment
A British zoo announced Wednesday the virgin birth of five Komodo dragons, giving scientists new hope for the captive breeding of the endangered species.
In an evolutionary twist, the newborns’ eight-year-old mother Flora shocked staff at Chester Zoo in northern England when she became pregnant without ever having a male partner or even being exposed to the opposite sex.
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| Discs Exposed Chicago Voters' Personal Data |
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Tuesday, January 23 2007 @ 06:46 AM CST 0 comments Post a comment
State and federal lawsuits alleging negligence by the Chicago's Board of Elections were filed Monday after it was discovered that computer discs containing more than a million voters' Social Security numbers had been distributed to aldermen and ward committeemen.
It was the second discovery in four months of possibly compromised voter Social Security numbers.
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| Dell Opens Business Center in Malaysia |
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Tuesday, January 23 2007 @ 06:45 AM CST 0 comments Post a comment
Computer maker Dell Inc. on Tuesday opened its first global business center outside the United States to provide 24-hour engineering and technology support to its branches worldwide.
Chief Executive Officer Kevin Rollins opened the 200,000 square foot (18,580 sq. meter) center in Malaysia's high-tech city of Cyberjaya. Dell says the center will employ 600 people by year-end and 1,000 within five years.
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| MySpace to Distribute Amber Alerts |
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Tuesday, January 23 2007 @ 06:44 AM CST 0 comments Post a comment
The social-networking Web site MySpace.com will now distribute Amber alerts to members notifying them of missing children in their communities.
MySpace, a News Corp. unit, is teaming with the National Center for Missing & Exploited Children to distribute the alerts, which are triggered by law-enforcement officials.
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| Hewlett-Packard to Open Russia Facility |
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Monday, January 22 2007 @ 06:39 AM CST 0 comments Post a comment
Hewlett-Packard Co. said Monday it plans to open a research and development facility in St. Petersburg, Russia, that will employ dozens of researchers and focus on inventing ways to manage and mine digital data.
The Russian center will be HP's seventh R&D center around the world operated under the umbrella of HP Labs, the Palo Alto-based company's central research organization.
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| Sun to Use Chips From Intel |
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Monday, January 22 2007 @ 06:39 AM CST 0 comments Post a comment
Server and software maker Sun Microsystems Inc. has agreed to use chips from Intel Corp. in some of its servers and for Intel to endorse Sun's Solaris operating system, a person close to the deal told the AP late Sunday night.
An announcement is expected Monday, according to the person, who requested anonymity because the deal had not been made public. Specifics of the arrangement were not disclosed.
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| Hackers Attack Gorbachev's Web Site |
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Monday, January 22 2007 @ 06:38 AM CST 0 comments Post a comment
Hackers attacked the Web site of a foundation run by former Soviet leader Mikhail Gorbachev, accusing him of brutally suppressing a pro-independence demonstration in Soviet Azerbaijan in 1990.
The perpetrators posted photographs of the suppressed rally on the Web site and published an open letter to the former leader, blaming him for the deaths of more 130 people — a tragedy known in Azerbaijan as the Black January.
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| Google to Build Data Center in N.C. |
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Monday, January 22 2007 @ 06:37 AM CST 0 comments Post a comment
Search engine giant Google Inc. plans to spend $600 million to build a data center in North Carolina, state officials and the company said Friday.
The so-called "server farm" will eventually employ 210 people in a region hit hard in recent years by layoffs in the furniture and textile industries.
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| Chinese Anti-Satellite Test Sparks Concern |
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Friday, January 19 2007 @ 08:14 AM CST 0 comments Post a comment
The United States, Australia and Canada have voiced concerns to China over the first known satellite-killing test in space in more than 20 years, the White House said Thursday.
“The U.S. believes China’s development and testing of such weapons is inconsistent with the spirit of cooperation that both countries aspire to in the civil space area,” National Security Council spokesman Gordon Johndroe said. “We and other countries have expressed our concern regarding this action to the Chinese.”
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| Spammers Take Advantage of Europe Storm |
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Friday, January 19 2007 @ 08:11 AM CST 0 comments Post a comment
Finnish computer experts warned Friday that spammers are taking advantage of people's curiosity over a devastating storm in Europe to spread junk e-mails on the Internet.
A computer virus dubbed "Storm Worm" that is attached to a mail message has infected at least 10,000 computers worldwide, said Mikko Hypponen, the head of research at F-Secure Corp., a leading Finnish antivirus company.
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| MySpace Hit With Online Predator Suits |
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Friday, January 19 2007 @ 08:10 AM CST 0 comments Post a comment
Four families have sued News Corp. and its MySpace social-networking site after their underage daughters were sexually abused by adults they met on the site, lawyers for the families said Thursday.
The law firms, Barry & Loewy LLP of Austin, Texas, and Arnold & Itkin LLP of Houston, said families from New York, Texas, Pennsylvania and South Carolina filed separate suits Wednesday in Los Angeles Superior Court, alleging negligence, recklessness, fraud and negligent misrepresentation by the companies.
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| Microsoft to Offer Windows Vista Online |
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Thursday, January 18 2007 @ 06:09 AM CST 0 comments Post a comment
Microsoft Corp. will make its new Windows Vista operating system available for sale and download online, marking a new step for the software company, which has previously sold Windows only on packaged discs or pre-loaded on computers.
A relatively low number of computer users are likely to get Vista by downloading it from the Internet. But the mere availability indicates that Microsoft is fiddling with distribution methods for the extremely profitable franchise at the core of its business.
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| eBay Heightens Security Precautions |
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Thursday, January 18 2007 @ 06:08 AM CST 0 comments Post a comment
Executives at eBay Inc. are touting security as their top priority in 2007 after an internal survey showed that online scammers may be denting the company's reputation.
The San Jose-based online auction company began a program last year to safeguard members' identities by concealing their user names on expensive listings. That measure could make it harder for con artists to contact losing bidders and goad them into "second chance offers," where customers wire cash to the scammers' accounts.
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| Apple Reports Record 1Q Profit |
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Thursday, January 18 2007 @ 06:07 AM CST 0 comments Post a comment
With the iPod juggernaut still soaring, Apple Inc. reaped record profits during the holiday quarter and stands to remain a Wall Street darling despite issuing a second-quarter forecast that fell below analyst expectations.
"Their guidance is always conservative," Piper Jaffray analyst Gene Munster said. "It's a bunch of hoo-ha."
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| Intel Profit Falls |
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Wednesday, January 17 2007 @ 09:28 AM CST 0 comments Post a comment
Intel's quarterly profit fell 40 percent amid a bruising price war with AMD and the top chipmaker's stock fell nearly 3 percent on Tuesday after it forecast gross margins would not improve this year.
Intel, which supplies processors for about three-quarters of the world's personal computers, also said it expected sales for the first quarter of between $8.7 billion and $9.3 billion, compared to the average Wall Street forecast of $8.93 billion.
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| Jet With Anti-Missile System Leaves LAX |
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Wednesday, January 17 2007 @ 09:27 AM CST 0 comments Post a comment
An MD-10 cargo jet equipped with Northrop Grumman's Guardian anti-missile system took off from Los Angeles International Airport on a commercial flight Tuesday, the company said.
The FedEx flight marked the start of operational testing and evaluation of the laser system designed to defend against shoulder-fired anti-aircraft missiles during takeoffs and landings.
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| Some Unhappy With Airport Shoe Scanners |
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Wednesday, January 17 2007 @ 09:27 AM CST 0 comments Post a comment
New airport screening technology that was trotted out Tuesday was supposed to let passengers keep their footwear on while passing through security.
But several travelers complained they had to kick loafers or heels off anyway, even after standing in a kiosk that reads their biometric information and uses radio waves to test for explosives and metal. The scanners are part of a new program at Orlando International Airport that promises shorter screening lines for those who pass a federal background check and pay a $100 annual fee.
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| Man's Cell Phone Ignites in Pocket |
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Tuesday, January 16 2007 @ 07:07 AM CST 0 comments Post a comment
A cell phone apparently ignited in a man's pocket and started a fire that burned his hotel room and caused severe burns over half his body, fire department officials said.
Luis Picaso, 59, was in stable condition Monday with second- and third-degree burns to his upper body, back, right arm and right leg, Vallejo Fire Department assistant chief Kurt Henke said.
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