Foxconn Electronics (the registered trade name of Hon Hai Precision Industry) has received notebook orders from Apple Computer and will start volume shipments of one new MacBook model to the US vendor by the end of this year, Vincent Chen, an analyst at Credit Lyonnais Securities Asia (CLSA), was quoted as saying in a Chinese-language Commercial Times report last week.
Microsoft is expected to roll out the RTM (released to manufacturing) version of its upcoming Windows Vista operating system this month, before to officially launch the product to business customers in November, according to sources at Taiwan-based system makers.
Mountain View (CA) - Google confirmed speculations and announced that it will acquire YouTube in an all-stock deal valued at $1.65 billion. The deal, announced shortly after market close on Monday, aims to combine "one of the largest and fastest growing online video entertainment communities" with Google's "expertise in organizing information and creating new models for advertising on the Internet."
The lion's share of investments into IT is not contributing to an organization's growth, according to a report released today by Gartner. The market research firm claims that eight out of ten dollars that companies spend on IT is "dead money".
India has granted AT&T as first foreign carrier of the country several licenses to provide national long distance and international long distance phone services to global and India-headquartered companies.
Microsoft today announced that sales of Windows XP Starter Edition, the company's entry-level computer operating system that's been aggressively promoted to "emerging markets" around the world, have recently passed the one million unit milestone.
Internet search leader Google could announce a deal to buy top online video service YouTube as early as Monday, a source familiar with the matter said, following a spate of programming distribution deals that could clear legal hurdles to an acquisition,
Google today announced that it will begin offering free music video streams from the catalogs of Sony BMG and Warner (WMG). Advertising will create another opportunity for the parties to monetize content, which is also planned to be made available to website owners who participate in Google's Ad-sense network.
Intel may raise its stake in Nvidia so that they can form a strategic partnership to oppose the merger of AMD and ATI, according to sources at Taiwan-based motherboard makers.
Both AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are becoming more comprehensive in their LED supply-chain deployment, with both panel makers recently confirming investments in LED packaging firms.
Google is close to buying YouTube for $1.6 billion, according to reports.
According to a media reports, Google is planning to subpoena Yahoo, Microsoft, and Amazon for documents pertaining to the copyright infringement suit brought against Google over its book-scanning project.
Leading electronics retailer Best Buy said Thursday it would partner with MP3 player maker Sandisk and Real Networks to create and promote a subscription and buy-to-own music service. The collaboration is the latest effort to dethrone Apple from the top of the digital music market.
Microsoft is on track to ship Windows Vista to businesses in November and to consumers in January, according to investment bank Goldman Sachs.
An insurance company acting on behalf of Melvin Young has sued Microsoft because his house suffered an extensive fire because an Xbox malfunctioned on January 5th last year.
Legislative proposals to regulate government use of RFID technology in California have been vetoed by state governor Arnold Schwarzenegger.
Brad Greenspan, one of the original founders of the MySpace universe, published a report that claims that News Corp.'s 2005 acquisition of MySpace may have defrauded shareholders by "more than $20 billion." Greenspan has requested further investigation by the Securities and Exchange Commission, the U.S. Department of Justice and the U.S. Senate Committee on Finance.
Cupertino (CA) - Apple today reported the results of a three-month-long investigation into stock option grants to employees. While the company found "no misconduct" of any member of the current management team, Apple confirmed 15 questionable grants in January 2002 and earlier. Former CFO Fred Anderson resigned from the firm's board following the announcement.
Patricia Dunn, the former chairman of HP, and four others are to face charges over The great HP Pretexting Fiasco.
Taiwan-based Cyber Home Entertainment, a maker of DVD players an recorders, has decided to stop producing DVD players mainly due to that Philips demands royalty payment, according to industry sources.