In a deal announced late Sunday night, AOL will sell the German division of its Internet service company to Milan, Italy-based Telecom Italia SpA for nearly $870 million. This move comes a couple months after AOL decided to scrap large parts of fee-based services in the United States, such as email, in favor of attracting more advertising revenue.
Intel today announced a new program to promote its recently launched Core 2 Duo processor. The company will run a global advertising campaign that will reach the investment volume of Intel's $300-million Centrino campaign in 2003, an executive told TG Daily.
Stamford (CN) - Gartner today followed yesterday's Q2 PC sales report published by IDC and agreed that worldwide PC shipments are on track for a double-digit increase over 2005. However, the erosion of average PC prices will impact the bottom line: Revenues will decline 2.5% over 2005, Gartner estimates.
According to a report from Market Watch, Universal Music Group may be suing YouTube and MySpace for copyright infringement. The sites, which allow users to share videos and music to millions of people, currently provide access to copyrighted multimedia content without the consent of the copyright holders.
Toshiba and Micron today announced that the two companies have settled all NAND flash-related litigations over patents of Lexar, a company that was acquired by Micron in June of this year.
Samsung Electronics aims to keep a leading position in the global LCD TV market by shipping over six million units in 2006, up from two million in 2005, according to David Steel, vice president of marketing for Samsung' Digital Media Business.
Yahoo and Acer today announced a multi-year strategic partnership to distribute a co-branded toolbar and start page and to set Yahoo as the default search engine on all Acer PCs sold globally.
System builders are increasingly betting on a PC price tag below $500 to be successful in the second most important PC selling season of the year: Current Analysis found that the sub-$500 space captured a 54% share in US back-to-school retail sales. No worries, if you've missed it: The day of the value PC has arrived and it is here to stay, says the research firm.
alysts of market research firm IDC confirmed a healthy state of the global PC market as sales continued to grow on a solid pace in the second quarter of this year. Despite a slow dip, shipments are expected to grow in the low double-digit range this year and touch 230 million PCs.
Two Moroccan men have been sentenced to prison terms for helping write the Zotob computer virus that attacked major U.S. networks last year, a court official said Wednesday.
LCD panel maker BOE Hydis Technology filed for bankruptcy at a local Korean court on 11 September due to losses caused by unsuccessful investments and loss of technical workforce, according to the Korean-language Digital Times.
Chicago (IL) - The recent global recall of Sony batteries that has been reported to affect nearly 6 million owners of Dell and Apple notebook computers, will cost Sony as much as $267 million, according to a Sony China official.
Click here to see actual pictures of a Dell notebook whose battery exploded...
Posted by Rob Enderle, Principal Analyst, Enderle Group
Last week the news broke at HP about an investigation into a board leak at that company which may have been done improperly. In looking into this, I personally think this is an attempt to cover up what the big problem was and to misuse political influence. Since I'm writing this on September 11th, I'm very sensitive to the whole concept of cover your ass politics right now and feel it is worth while to provide what I think is a clearer perspective on the HP problem which, I think, has more to do with a misguided power play on HP's board than anything else right now.
Palo Alto (CA) - UPDATE Hewlett Packard this morning announced that Patricia Dunn, chairman of the board of Hewlett-Packard, will step down from her position in January, as a result of the recently reported board scandal. She will be replaced by CEO Mark Hurd. Dunn will continue to serve as an HP director.
Dell's announcement today that the company would delay the filing of its Form 10-Q for its fiscal second quarter ended August 4, 2006 did not come as a surprise, after the company had confirmed an "informal investigation" into accounting issues last month. However, the simple fact that Dell apparently will miss the filing deadline, will raise additional concerns and clearly contradicts CFO Jim Schneider's initial believe that the SEC probe wasn't a big deal.
There was a question mark hanging over Hewlett-Packard chair Patricia Dunn after revelations that an investigation she launched violated the privacy of her fellow HP directors, several journalists and their families, and probably broke the law.
Freescale on Monday confirmed that it "is in discussions with parties relating to a possible business transaction." The chip company did not provide further details about a possible acquisition and mentioned that "there can be no assurances that any transaction will result from these discussions."
However, the New York Times reports that a consortium of investment firms was close to reaching a deal to acquire Freescale for more than $16 billion. If completed, the deal would be the largest leveraged buyout ever in the technology sector, the newspaper said.
Gateway has hired J. Edward Coleman as its new chief executive officer. Coleman joins Gateway from Arrow Electronics, where he held the position senior vice president and president of Arrow's Enterprise Computing Solutions.
