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Google has begun offering users of its various Web services the option of getting more storage, but that additional capacity will come at a cost Google will offer users of Gmail and Picasa, its online photo storage and sharing service, the chance to expand the amount of storage supporting their accounts. Gmail users currently get about 2.8 GB of fr...
Universal Music Group (UMG) will test selling music free of digital rights management (DRM) technology, and it plans to make the tracks available through RealNetworks' Rhapsody service and other outlets -- but not through the iTunes Music Store Universal becomes the second major record label after EMI to begin offering music without DRM controls th...
Vonage shares surged higher amid a stock market selloff Thursday after the VoIP (Voice over Internet Protocol) provider -- recently seen teetering on the brink of extinction due to legal issues -- posted better-than-expected earnings Vonage cut its net loss to US$34 million, or 22 cents, in the second quarter, less than half of the losses it posted...
Blockbuster will buy film download site Movielink, a bid by the largest video and DVD rental chain to assure it remains a key player in distribution of movies even when DVDs become less prevalent Terms of the acquisition were not disclosed. Blockbuster has been known to have been in talks with Movielink for some time, however, with a slew of publis...
Sprint Nextel's second-quarter earnings fell sharply in part due to costs associated with the merger creating the third-largest national telecom carrier, the company said Sprint Nextel still managed to beat Wall Street estimates with net income of US$19 million, or a penny per share, compared with a profit of $370 million or 12 cents per share in t...
Hoping to use social networking to compete with auction giant eBay, Buy.com on Tuesday launched Garage Sale, a service that lets users sell goods and services from within their home pages on sites such as Facebook The Internet retailer said its service would be immediately available to users of Facebook and would be rolled out for other social netw...
A federal judge handed Microsoft a huge victory in a years-old patent spat with telecom giant Alcatel-Lucent focusing on how personal computers running Windows play back MP3 music files, setting aside a US$1.5 billion jury award granted after the software giant was found to have infringed on two digital music playback patents Judge Rudi Brewster of...
Arming for battle in the digital music space, Amazon.com has investedin a startup that attempts to blend digital music sales with socialnetworking AmieStreet.com, a digital music store that prices music based on itspopularity among visitors to the site, said Amazon was the lead investor in its first round of outside funding....
EMI Group, the UK-based record label that is awaiting a takeover by a private equity firm, posted lower revenue for its second quarter as CD sales plunged but indicated its DRM-free music experiment with iTunes is off to a fast start EMI's revenue was down 5.1 percent overall, in line with its own forecasts. The company cited "tough market conditio...
XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology XM lost US$175.7 million, or 57 cents a share, in the quarter that ended in June, compared with a loss of $229.1 million, or 87 cents a shar...
XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August, the company announced Tuesday XM did not immediately name a full-time replacement, instead saying it would use its second quarter earnings conference call scheduled for Thursday morning to outline its plans for the "management transit...
Time Warner's AOL has reached a deal to buy Tacoda, an online advertising firm that specializes in behaviorally targeted marketing AOL will integrate Tacoda into its Advertising.com division, where the six-year-old firm's behavioral science marketing will be used to help AOL produce more targeted and effective online ads....
AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts AT&T, the exclusive carrier of the iPhone in the U.S., said it activated 146,000 subscriptions for the Apple device in the fi...
AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts AT&T, the exclusive carrier of the iPhone in the U.S., said it activated 146,000 subscriptions for the Apple device in the fi...
AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts AT&T, the exclusive carrier of the iPhone in the U.S., said it activated 146,000 subscriptions for the Apple device in the fi...
Satellite radio providers XM and Sirius will offer consumers the ability to choose small bundles of stations if their proposed merger is approved by regulators, the companies said Monday They announced the plan a day before they're are expected to formally respond to a request for information from the Federal Communications Commission (FCC), which ...
HP will buy Opsware, the data center automation software firm cofounded by Netscape creator Marc Andreessen, in a deal worth around US$1.6 billion HP will pay $14.25 per share in cash for Opsware, which it intends to fold into its Business Technology Optimization software product line. The purchase price represents a nearly 40 percent premium over ...
Microsoft managed to post a 7.3 percent increase in earnings for its fourth quarter, despite a mammoth US$750 million charge relating to fixes to its Xbox 360 product, as strong enterprise sales helped the company surpass the $50 billion revenue mark for the fiscal year The Redmond, Wash.-based company's fourth-quarter revenue was $13.37 billion, a...
For just the second time in its history as a public company, Google disappointed investors with its earnings report, saying Thursday that sales and earnings were up but posting profits that were below Wall Street expectations The Web search and advertising giant's gross revenue, which does not account for the money spent to acquire Web traffic, ros...
Sales of personal computers around the world rose faster than forecast in the second quarter thanks to strong business sales, with HP retaining the title of global sales leader PC shipments in the second quarter totaled 61.1 million, an increase of 11.7 percent over the same time last year, according to Gartner, which had been forecasting growth of...
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