ConocoPhillips Profits Surge 65 percent
ConocoPhillips, the third largest U.S. oil company, released its earnings for the second quarter of 2006 on Thursday, showing a surge in net profit attributed to the inclusion of the recently acquired Burlington Resources and high oil prices.
Microsoft Spends Big on Zune Portable Media Device
At the annual Microsoft analyst conference, the software giant unveiled plans to spend hundreds of millions of dollars investing into its new Zune portable music device.
Ryanair Offers New Routes to N.Africa, E.Europe
European low fare airline, Ryanair Holdings PLC announced on Wednesday, its introduction of four new flight routes to North Africa and East Europe.
Bird Flu Under Control Says SA Gov't
An outbreak of a less virulent strain of avian Influenza in the Western Cape province of South Africa, has resulted in the culling of 8,000 ostriches, the Department of Agriculture reported on Wednesday.
Intel Unleashes Core 2 Duo Chips
Its been a long hot summer for AMD. Their long time rival Intel has continuously slashed prices on competing products, and within the last month has unleashed its full fury, unveiling a new processor architecture which AMD has yet to answer. Today they released another blow, the launch of the Conroe desktop chip.
AMD Market Share Increases in Midst of Competition
Despite an onslaught of price cuts and new products from the competition, Advanced Micro Devices was able to gain market share against Intel in the second quarter of 2006.
Microsoft Hazy about Windows Vista Delays
Microsoft, the worlds largest software maker, said on Thursday that it sees no reason for a delay in its highly anticipated operating system, Windows Vista, but stopped short of saying it would be on time as well.
TCS Approved for China Joint Venture
India's largest IT company this week received shareholder approval to extend its operations in the $30 billion Chinese software market.
Kazaa and Music Industry Settle in Court
Kazaa, one of most well known file sharing networks, has reached an agreement with the music industry over illicit file-sharing this Thursday.
Intel Unleashes New Conroe CPU on AMD
It has been a long hot summer for AMD. Their long time rival Intel has continuously slashed prices on competing products, and within the last month has unleashed its full fury, unveiling a new processor architecture which AMD has yet to answer. Today they released another blow, the Conroe desktop chip.
Call centers welcome but Philippines needs more jobs
At a spartan hall converted from a closed textile company east of Manila, hundreds of Filipinos milled around small corporate booths looking for work. The longest lines at the job fair were for call center or business process outsourcing firms.
India, South Africa, Mercosur to Pursue Trade Talks
Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.
Wall street reacts to HP Mercury Merger
Shares Hewlett Packard Co., the world's second largest computer maker, are edging slightly up today despite the mixed reviews from Wall Street.
GM's CostlyTurnaround: $3.2 Billion Loss in 2Q
General Motor's bid to turn around its massive ship towards profitability is starting to show some results. However the company is taking very heavy losses on the way.
Fed Beige Book says some economic slowing seen
The U.S. economy grew overall during June through mid-July but some regions reported slowing activity, and there were scattered reports of rising prices, the Federal Reserve said on Wednesday.
AMD Showcases Quad Core Setup
Advanced Micro Devices Tuesday pledged to release a version of its upcoming enthusiast desktop product, code-name 4x4, for less than $1000.
iTunes and Facebook Team Up
Facebook.com, the online social networking site, announced on Tuesday that it would give away 10 million music samplers to students returning back to school.
For AMD a Strong Defense is a Good Offense
AMD has unleashed a flurry of strategic moves this week aimed at beating back what is expected to be strong Intel competition in the third quarter.
MySpace Outage Blamed on L.A. Power Loss
The popular social-networking site MySpace.com suffered a pair of extended outages over the weekend because of power problems at a key data center in the Los Angeles area, the company said Monday.
Motorola unveils thin phone for emerging markets
Motorola Inc. said on Tuesday it would start selling the Motofone, its thinnest phone yet in high-growth emerging markets in a bid to compete better against bigger rival Nokia.
Microsoft opposes Net neutrality plan on its proxy
Microsoft Corp. wants to block an effort for a shareholder vote forcing the world's largest software maker to explain its support for Internet network neutrality, according to a company letter obtained by Reuters on Tuesday.
Amazon Japan mulling virtual mall
The Japanese unit of Amazon.com Inc. said on Wednesday it was considering launching a virtual shopping mall, in a bid to snatch a share of the growing market from Web mall operators Rakuten Inc. and Yahoo Japan Corp.
Warner Bros offers TV shows on iTunes
Warner Bros. Home Entertainment Group on Tuesday became the latest division of a major Hollywood studio to offer television shows, including the hit sitcom Friends, for sale on Apple Computer Inc's iTunes Web site.
Column: Microsoft ready to do the robot
Maybe it's the robotic dog resting in the corner or the R2-D2 Star Wars droid on the floor, but Tandy Trower's office is not a typical workstation found on the Microsoft Corp. campus.
South Africa Sets Goals for 2010 World Cup
South Africa needs $858-million to commence its stadium renovations for the 2010 World Cup finals, the organizing committee told parliament on Tuesday.
HP Acquires Mercury for $4.5 billion
Hewlett Packard Co., the world's second largest computer maker, announced on Tuesday it had signed an agreement to purchase business software company Mercury Interactive.
Lexmark Earnings Down 4 Pct. In 2Q
Printer manufacturer Lexmark announced disappointing second quarter earnings as its net profit dropped due to lower consumer demand.
Zimbabwe to Address Money 'Brick' Woes
Zimbabweans are having a hard time handling their currency, literally. Due to stratospheric inflation, huge lumps of cash need to be carried around to perform daily transactions.
UPS Delivers Weak Forecast, Shares Sink
United Postal Services (UPS), the world's largest package delivery company, reported disappointing results for the second quarter and warned that earnings growth would be at the lower end of its guidance this year.
Nigerian Oil Pipeline Leak Stops Production
An oil leak found in a shared pipeline in Nigeria has forced oil companies to shut down their daily production of 180,000 barrels of crude oil.