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Results 1-20 of 341 for ECT News Business Desk.

HP, Novell Simplify Open-Source License Process

HP announced this week that it has signed a new open-source bundling license agreement with Novell to offer customers what it hopes will be simple, cost-effective Linux solutions on HP servers. The offering includes integrated open-source solutions, technical software and proactive service options t...

Yahoo News to Provide Video From CNN.com, ABC News

Yahoo today announced agreements with both CNN.com and ABC News in which both news organizations will provide daily video news feeds to Yahoo News starting next month. CNN.com will offer extensive video clips daily and ABC News will offer a robust package of on demand video content. All of the video...

TECH BRIEF

EA Gets Rights for ‘Lord of the Rings’ Games

Electronic Arts announced this week that it has been granted the rights to develop games based on J.R.R. Tolkien's "The Lord of the Rings." EA has been developing games based on New Line Cinema's theatrical productions of "The Lord of the Rings" since 2001. The new deal expands EA's rights to the bo...

Gartner: Apple Leads as PC Sales Up More Than Expected

Worldwide PC shipments totaled 48.9 million units in the second quarter of 2005, a 14.8 percent increase from the same period last year, according to preliminary results by Gartner. The PC market exceeded Gartner's previous projections by 2 percentage points. Apple Computers showed the biggest growt...

TECH BRIEF

Firefox Continues to Pick Up Steam

Firefox is close to reaching 10 percent share in the competitive Web browser marketplace, according to the latest data from Web site monitoring firm NetApplications. Firefox market share for browser usage grew to 8.71 percent during the month of June up from 8 percent in May, NetApplications' report...

Xandros Adding German, French Desktop OS Versions

Linux distribution developer Xandros announced earlier this week that it will release localized editions of the Xandros Desktop operating system in German and French. The company plans to make the new editions available in the fall. "We have received many requests from individuals and enterprises fo...

Technology Brings Shopping Ease to World Travelers

IBM announced last week that Hong Kong-based Duty Free Shops (DFS) plans to unveil a technology system for international shoppers in the DFS Galleria mall located at the international Naha airport in Okinawa, Japan. The new integrated, Linux-based solution will enable shoppers to move quickly and se...

FINANCIAL NEWS

Stocks Flat as Good Jobs Data Raises Inflation Worries

A surge in job creation last month was not enough to rally stocks, as any optimism among investors about what the data said about the health of the economy quickly gave way to concern about inflation. The Labor Department said the U.S. economy added some 274,000 workers to payrolls in April, a full ...

FINANCIAL NEWS

Stocks Sag on Weekly Jobs Data, Auto Maker Woes

Stocks lost ground today after a report showed a spike in weekly jobless claims and following the downgrade of the corporate debt of the two largest U.S. car markers to "junk" status. The Dow, which rose 120 points yesterday, lost 44.26 points, or 0.43 percent, today to close at 10,340.38. The Nasda...

FINANCIAL NEWS

Stock Markets Soar in Post-Fed Rally

With the Federal Reserve's latest meeting in the rear view mirror, investors were in a buying mood today, driving the Dow to a triple-digit gain and adding 1.5 percent to the Nasdaq. The Dow Jones industrial average roared higher by 127.69 points, or 1.24 percent, to close at 10,384.64. The Nasdaq w...

FINANCIAL NEWS

Markets Hold the Line After Fed Raises Rates Again

Markets finished mixed today after the Federal Reserve stayed true to recent form by boosting overnight interest rates by a quarter point for the eighth consecutive time. The Dow gained 5.25 points, or 0.05 percent, to close at 10,256.95. the Nasdaq was also higher, adding 4.42 points, or 0.23 perce...

FINANCIAL NEWS

Oil, Fed-Watching Keeps Stock Rally in Check

A late day rally in oil prices and nervousness over the Federal Reserve's pending meeting kept a lid on a would-be rally on Wall Street today, with stocks managing modest gains. Stocks had moved sharply higher early in the session, largely on the strength of a continued decline in crude oil futures...

FINANCIAL NEWS

Stocks Make Comeback After Oil, Economic News

Stocks rebounded today as further declines in oil prices, which dipped below US$50 a barrel for the first time in two months, and data showing inflation being kept at bay provided relief from recent economic bad news. Though they fell short of making back all of the losses they sustained in a dismal...

FINANCIAL NEWS

Stocks Plummet on Signs of Economic Slowdown

Data showing the economy growing at the slowest pace in two years during the first quarter pushed investors into selling mode today and prompted just the latest in a string of recent triple-digit losses for the Dow. The Commerce Department said gross domestic product expanded at an annual rate of 3....

FINANCIAL NEWS

Plunge in Oil Prices Drives Stock Market Up

Stocks moved higher today as investors looked past the latest data hinting at economic softness and instead focused on falling oil prices. A sharp drop in crude futures paved the way for a modest rally as Wall Street continued its recent volatility. Crude oil futures fell US$2.59 per barrel, or abou...

FINANCIAL NEWS

Stock Markets Plummet on Sag in Consumer Confidence

Evidence that the housing market continues to chug along was outweighed by a drop in consumer confidence and led to a sell-off on Wall Street today. The Dow Jones industrial average dropped 91.34 points, or 0.9 percent, to 10,151.13. The Nasdaq lost 23.34 points, or 1.2 percent, to finish at 1,927.4

FINANCIAL NEWS

Stocks Rally on M&A Activity, Home Sales

The latest round of billion-dollar mergers, strong data on home sales and talks aimed at keeping oil prices in check helped boost stocks today, with major averages adding to gains made during the previous week. The Dow Jones industrial average rose 84.76 points, or 0.83 percent, to close at 10,242.4

FINANCIAL NEWS

Stocks Rally on M&A Activity, Home Sales

The latest round of billion-dollar mergers, strong data on home sales and talks aimed at keeping oil prices in check helped boost stocks today, with major averages adding to gains made during the previous week. The Dow Jones industrial average rose 84.76 points, or 0.83 percent, to close at 10,242.4

FINANCIAL NEWS

Stocks Rally on M&A Activity, Home Sales

The latest round of billion-dollar mergers, strong data on home sales and talks aimed at keeping oil prices in check helped boost stocks today, with major averages adding to gains made during the previous week. The Dow Jones industrial average rose 84.76 points, or 0.83 percent, to close at 10,242.4

Sony Online Entertainment Launching Game Auction Site

Sony Online Entertainment Inc. today announced plans to launch Station Exchange, an officially sanctioned auction site for its games. Station Exchange, which will debut in late June, will be an official, secure way for subscribers to the company's EverQuest II online game to buy and sell the rights ...

Will Elon Musk ultimately purchase Twitter?
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