News archive from 10 February 2012

CEO Hirai to network Sony content and gadgets

CEO Hirai to network Sony content and gadgets

"It's a bigger concept we can grow into a bigger space for Sony overall," Hirai, 51, said in an interview with foreign media at the company's Tokyo headquarters. "It's a business where hardware drives software and software drives...

 
Intel settles NY antitrust case for just $6.5 million

Intel settles NY antitrust case for just $6.5 million

In December, a Delaware federal judge threw out parts of New York's case, limiting damages and the timespan for computer purchases. New York responded at first by proposing a complete dismissal so that it could refile the case in a state court. Intel...

 

Path fumble highlights Internet privacy concerns

Path was sharply criticized in blogs and social media forums this week after an independent software developer revealed that Path's Apple iPhone application uploaded users' address book data to its own servers without permission. Its travails...

 

Calpers seeking support for Apple board proposal

Calpers, with $229 billion in assets, owned about 2 million Apple shares. Apple, the world's most valuable technology company, hosts a shareholders' meeting on February 23. A spokesman referred to Apple's proxy statement, which again recommends that...

 
Activision slows World of Warcraft declines

Activision slows "World of Warcraft" declines

Investors are closely watching the "World of Warcraft" subscriber numbers because the franchise is the company's most profitable business and generates a steady stream of monthly revenue from its users. The company ended the quarter with...

 
Steve Jobs' FBI files question his honesty and morality

Steve Jobs' FBI files question his honesty and morality

The FBI files of Steve Jobs have been released, showing a man who commanded respect as an innovator but was questioned on his honesty and morality. The file was prepared on the Apple founder as he was considered for a presidential appointment in 1991...

 
Emerging markets enjoy a drop of Diageo's whisky as drink sales falter in the UK

Emerging markets enjoy a drop of Diageo's whisky as drink sales falter in the UK

Diageo sounded a note of caution over the global economy in 2012 even as the drinks giant raised its dividend and confirmed it will meet guidance for the medium term, thanks to a growing thirst in emerging markets. A taste for whisky among the...

 
Greece bailout: Eurozone ministers set new conditions

Greece bailout: Eurozone ministers set new conditions

The chairman of a meeting of Eurozone finance ministers says fresh conditions will be attached to a 130bn euro ($170bn; £110bn) bailout for Greece. Jean-Claude Juncker said an extra 325 million euros ($432m; £273m) in savings for 2012 will be...

BBC, 23:24 in Business
 
LinkedIn quarterly profits send shares higher

LinkedIn quarterly profits send shares higher

Business-focused social networking website LinkedIn reported higher profits and said it added 14 million new members. It said net income for the fourth quarter was $6.9m (£4.4m), up from $5.3m in the same period of 2010. Revenue rose 105% to...

BBC, 23:24 in Business
 

UPDATE 2-Brasil Travel drops IPO plan as demand wanes

* Bankers had mulled to cut price tag again-sources * Company hoped deal to be Brazil first IPO in 2012 (Updates with company confirmation, background throughout) By Joan Magee and Guillermo Parra-Bernal Feb 9 (Reuters) - Tourism company Brasil Travel...

 
RETURN TO DARK SIDE IS A HOWLING SUCCESS

RETURN TO DARK SIDE IS A HOWLING SUCCESS

The Wolf Gift 5/5 by Anne Rice Chatto & Windus, £18.99 WELCOME back Anne Rice. The author of Interview With A Vampire and the subsequent slew of luscious, humid gothic extravaganzas known as The Vampire Chronicles has been away for too long. She...

 
MAD TIMES THAT ROCKED A GENERATION

MAD TIMES THAT ROCKED A GENERATION

All the MadMen: BArrett, Bowie, drAke, Pink Floyd, the kinks, the who And A Journey to the dArk side of British Rock 2/5 by Clinton Heylin AS MICK Jagger said: "The only performance that makes it, that really makes it, that makes it all the way,...

 
MAD TIMES THAT ROCKED A GENERATION

MAD TIMES THAT ROCKED A GENERATION

AS MICK Jagger said: "The only performance that makes it, that really makes it, that makes it all the way, is the one that achieves madness.” Jagger was speaking in the best visual record we have of the Sixties counterculture, Nicolas Roeg’s...

 
FISHING IN THE MURKY WATERS OF SLIPPERY FAMILY SECRETS

FISHING IN THE MURKY WATERS OF SLIPPERY FAMILY SECRETS

The White Lie 4/5 by Andrea Gillies Short Books £12.99 A YOUNG woman charges into the drawing room of her parents’ estate in the Highlands. “Michael! I’ve killed him. I’ve killed him,” she cries. The woman is ursula Salter, 29, and Michael, 19, is...

 
PICK OF THE PAPERBACKS

PICK OF THE PAPERBACKS

Me Before you 4/5 by Jojo Moyes Penguin, £7.99 LOU CLARK is a creature of habit so when her routine is broken she has to find something else to keep her sane. Former city financier Will Traynor has been physically and mentally damaged in a...

 


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