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Lenovo Profit Rises on Office Computer Demand, Acquisitions

Posted by BusinessWeek.com -- Technology
February 9, 2012

Lenovo Group Ltd., the world’s second-biggest maker of personal computers, posted a 54 percent increase in third-quarter profit as orders for office computers jumped and acquisitions in Germany and Japan boosted sales.


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Google’s Music Streaming Product Development

Posted by BusinessWeek.com -- Technology
February 9, 2012

Feb. 9 (Bloomberg) — Brian Blair, analyst at Wedge Partners Corp., talks about Activision Blizzard Inc.’s performance and a report that Google Inc. is developing an entertainment device that will use wireless home networks. He speaks with Cory Johnson…


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California Housing Market Braces for Facebook Millionaires

Posted by Zubosky Jeff
February 9, 2012

The Bay Area and Silicon Valley expect the windfall from the Facebook stock offering to make their in-demand region even hotter.


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Jury strikes down Eolas’ ‘Interactive Web’ patent

Posted by Zubosky Jeff
February 9, 2012

Patent-holding company claimed a host of Web giants owed it hundreds of millions in royalties for their use of online video streaming, search suggestions, and other “interactive” elements on pages.


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David Kirkpatrick Reacts to Steve Jobs FBI File

Posted by BusinessWeek.com -- Technology
February 9, 2012

Feb. 9 (Bloomberg) — David Kirkpatrick, author of "The Facebook Effect: The Inside Story of the Company That Is Connecting the World," talks about the Federal Bureau of Investigation’s release of a file it kept on Apple Inc. co-founder Steve…


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Alcatel-Lucent to Cut Up to 1,800 Europe Jobs, Union Says

Posted by BusinessWeek.com -- Technology
February 9, 2012

Alcatel-Lucent, France’s largest telecommunications-equipment supplier, plans to eliminate as many as 1,800 positions in Europe through firings and relocation, a top union official said.


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Facebook Value Tops $100 Billion in Private Market Trading

Posted by BusinessWeek.com -- Technology
February 9, 2012

Facebook Inc.’s privately traded shares have risen 10 percent since the dominant social network filed for an initial public offering, pushing its market value past $100 billion, according to SharesPost Inc.


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Activision slows "World of Warcraft" declines

Posted by Reuters: Technology News
February 9, 2012

(Reuters) – Activision Blizzard Inc’s quarterly sales beat Wall Street expectations on Thursday as the video game publisher lost fewer “World of Warcraft” subscribers than it did a quarter ago.


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Superheroes + math + men’s room = wacky shirt

Posted by Zubosky Jeff
February 9, 2012

Designer combines superheroes and supervillains with the internationally known symbols for men’s and women’s rooms to create absurd mathematical equations that he puts on T-shirts.


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Intel settles NY antitrust case for just $6.5 million

Posted by Reuters: Technology News
February 9, 2012

(Reuters) – Intel Corp agreed to pay just $6.5 million to resolve an antitrust lawsuit in which New York’s attorney general accused the world’s largest chipmaker of threatening computer makers and paying billions of dollars of kickbacks to maintain its…


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TDC Owners Said to Weigh Sale of Part of Mobile Operator Stake

Posted by BusinessWeek.com -- Technology
February 9, 2012

The private-equity owners of TDC A/S are weighing a sale of part of their stake in the Danish phone company, people familiar with the situation said, allowing them to return funds as European equity markets rebound.


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A Kodak moment to forget

Posted by Zubosky Jeff
February 9, 2012

Don’t knock Kodak because when it comes to screwing up, it’s got lots of company


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