ECONOMY & MARKETS

Sony to launch 'Everybody Dance' on PS3

People dance as they play the Sony PlayStation Move video game "Everybody Dance" during the Electronic Entertainment Expo or E3 in Los Angeles
Japanese heavy-weight Sony Corporation, at the E3, has announced that the company will launch its own dance game called ‘Everybody Dance’ later this year.
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Gold Prices and Deflation

Gold Prices go up when cash and bonds fail to beat inflation. It was true in the 1970s, and it's been true again in the last decade. But now, from here, what will Gold Prices do?
Android mascots are lined up in the demonstration area at the Google I/O Developers Conference in the Moscone Center in San Francisco.

Google rolls out appointment slot for calendar

Google started with a new feature for Google Calendar users, which makes it easy to publish appointment on a public forum so that collaborators can pick and choose the convenient times for them.
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Is Misys Moving Towards an Exit?

Amidst the current bout of speculation regarding a possible takeover bid for Misys plc (London Stock Exchange: MSY), Jefferies & Co. revisited its long-held view that it are now in the final phase of the value realisation project that Mike Lawrie and ValueAct Capital embarked upon four years ago.

Intel picks Kinect Hack to try clothes

After a series of Kinect hacks in recent months, Intel has used the Microsoft Kinect camera along with other open source software to enable photo-realistic rendering of 3D models into 3D images that are indistinguishable from a photograph.
Kazuo Hirai, President and Group CEO of Sony Computer Entertainment, speaks during a media briefing in Los Angeles

Sony to launch affordable PS3 monitors

Japanese electronic heavy-weight Sony, at the E3 conference, has announced the launch of a 3D Playstation-branded monitor later this year priced at $499.
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Atmel analyst day highlights strategies, new margin targets

FBR Capital Markets said Atmel Corp. (NASDAQ: ATML) hosted its first analyst day since chief executive officer Steve Laub took the reins in mid 2006, reviewing key segment strategies and raising its financial margin targets. The brokerage maintained its market perform rating on shares of Atmel with a price target of $17.

Microsoft's Windows 8 demo upsets developers

Microsoft’s demonstration of Windows 8, the next-generation operating system, at D9 has put the third party Microsoft Windows developers in uncertainty about the development platform.
Apple logo is seen on the facade of Moscone Center, San Francisco

Apple iMessage Negative for RIM Blackberry

Apple Inc.'s (NASDAQ: AAPL) new iOS 5 messaging service, iMessage, is very negative for Research In Motion Ltd. (NASDAQ: RIMM) as it undermines BlackBerry Messenger, an analyst at Jefferies said.
Apple logo is seen on the facade of Moscone Center, San Francisco

WWDC, Steve Jobs appearance fails to boost Apple stock

Shares of Apple Inc. (NASDAQ: AAPL) started declining Monday from 1 pm EDT, exactly the start time of its annual worldwide developers conference (WWDC). An appearance by Apple CEO Steve Jobs at WWDC and its announcement failed to boost the company's stock.
Steve Jobs takes the stage to discuss the iCloud service at the Apple Worldwide Developers Conference in San Francisco

Apple dismisses PC, insists on iCloud

Apple’s CEO Steve Jobs has announced his aim to ‘demote the PC’ industry while introducing the iCloud, Apple’s new cloud-based solution for synchronizing files across multiple Apple devices.

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