AP Technology NewsBrief at 1:30 a.m. EST
(Associated Press Via Acquire Media NewsEdge) Sony trims quarterly loss to $115 millionTOKYO (AP) _ Sony is still struggling but has reduced its red ink for the latest quarter to a 10.7 billion yen ($115 million) loss. The Japanese electronics and entertainment company reported a 158 billion yen loss the same period the previous year.
Review: iPhone Google Maps lags Android versionBLOOMSBURG, Pa. (AP) _ Every time my husband and I drive the 677 miles from New York to my parents' house in Michigan, we dread the long stretch of Interstate 80 through the hills of rural Pennsylvania. It's beautiful, but lonely, without a lot of places to stop. On this trip, with a little help from Google and Apple, I was determined to stay caffeinated and maybe find somewhere else to eat besides McDonald's and truck stops.
Netflix could gain from loss of Sat. mail deliverySAN FRANCISCO (AP) _ Netflix won't miss Saturday mail delivery, even though the weekend service helped keep its DVD-by-mail subscribers happy. The U.S. Postal Service's planned shift to five days of home delivery a week instead of six may even make Netflix Inc. slightly more profitable by lowering the costs for sending out its familiar red envelopes with DVDs. That's because subscribers may be able to watch fewer DVDs for the same monthly price.
Yahoo taps into Google's ad network, expertiseSAN FRANCISCO (AP) _ Yahoo is counting on rival Google to help accelerate its revenue growth. As part of a nonexclusive arrangement announced Wednesday, Yahoo's website will begin drawing upon Google's massive online advertising network to show marketing messages related to the content that's being perused.
Dell's founder strikes deal to turn it aroundNEW YORK (AP) _ It's easy to forget now, but Michael Dell was the Mark Zuckerberg of his day. Hailed as a young genius, he created the inexpensive, made-to-order personal computer in his University of Texas dorm room and sold it straight to the public. In the 1980s and `90s, his face appeared on magazine covers, and well before he turned 40, he was a college dropout-turned-billionaire CEO, ranked alongside Bill Gates and Steve Jobs.
Time Warner 4Q earnings up, raises dividend 11 pctNEW YORK (AP) _ Time Warner Inc. said Wednesday that net income grew 51 percent in the last three months of 2012 even as revenue was largely unchanged. Rising fees from cable and satellite companies and higher ad revenue at the TV networks offset revenue declines at the movie studio and magazine businesses. The company also announced a dividend increase and a new plan to buy back shares. Its stock jumped to its highest level in more than a decade.
Dell to go private in $24.4B deal led by founderSAN FRANCISCO (AP) _ Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers. The complex agreement announced Tuesday will allow Dell Inc.'s management, including eponymous founder Michael Dell, to attempt a company turnaround away from the glare and financial pressures of Wall Street.
Zynga 4Q loss narrows as game maker cuts costsNEW YORK (AP) _ Online games company Zynga said its loss narrowed in the latest quarter even though revenue was largely unchanged as the company cut expenses by laying off workers, closing offices and shutting down poorly performing games. The results exceeded Wall Street's muted expectations, and Zynga Inc.'s battered shares increased nearly 7 percent in after-hours trading after the release of the results. After a difficult 2012 in which Zynga saw its stock price decline by 75 percent, CEO Mark Pincus called 2013 a "pivotal transition year" for the company as it seeks to cut costs further and broaden revenue sources, especially from mobile games.
Aussie court clears Google in deceptive ad caseSYDNEY (AP) _ Australia's highest court on Wednesday threw out a ruling against Google Inc. that had found the Internet giant guilty of breaching trade law by hosting deceptive advertisements. The High Court's decision overturned a federal court ruling from April that Google had engaged in misleading or deceptive conduct with four ads that appeared on its Google Australia website. The advertisers used the names of competitors as keywords to trigger their own ads appearing.
New keyboard BlackBerry in US could take monthsTORONTO (AP) _ A modern BlackBerry with a physical keyboard might not arrive in the U.S. until May or June, a month or two behind other parts of the world, the chief executive of the smartphone maker suggested in an interview. Although Research in Motion Ltd. CEO Thorsten Heins said the exact release date will depend on each wireless provider, he said the physical keyboard version, the BlackBerry Q10, will likely come out eight to 10 weeks after a carrier releases a model with only a touch screen, the BlackBerry Z10. The Z10 is expected in the U.S. in mid-March, so eight to 10 weeks brings the U.S. date for the Q10 to mid-May to early June.
(c) 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
[ Back To Technology News's Homepage ]