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Apple Battles Frauds in iTunes

July 6, 2010 10:26 pm | by Wall Street Journal | News | Comments

Apple said an app developer had engaged in fraudulent purchases with about 400 iTunes accounts and the company was putting in place new security measures.

Apple says developer booted from app store

July 6, 2010 8:05 pm | by The Associated Press | News | Comments

Apple Inc. has booted a developer and his apps from its applications store after hundreds of hijacked user accounts were used to push his titles to best sellers over the weekend.Developer Thuat Nguyen has been banned for violating an Apple license agreement, "including fraudulent purchases,"...

SK Telecom Looks to Break Out of 'Gloomy' Market

July 6, 2010 6:23 pm | by Wall Street Journal | News | Comments

SK Telecom's president and CEO says the saturated Korean telecom segment offers little opportunity for growth, pushing the company to use its network technology with other businesses such as finance, medical services and education.

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Samsung forecasts record 2Q operating profit

July 6, 2010 6:06 pm | by KELLY OLSEN - AP Business Writer - Associated Press | News | Comments

Samsung Electronics Co., the world's largest seller of flat-screen televisions, forecast Wednesday that operating profit rose to a record high in the second quarter this year as sales increased.The Suwon, South Korea-based company said it expects consolidated operating profit of between 4.8...

Passive Problems

July 6, 2010 3:21 pm | News | Comments

Here's a common scenario: You have an array of small components. Maybe some SOT23 transistors or a set of LEDs. On one side, you have wires and chips and stuff hooked up all over the place. On the other side,...

Lawsuit seeks arbitration in Microsoft case

July 6, 2010 1:05 pm | by The Associated Press | News | Comments

Attorneys representing 23 states involved in a class-action lawsuit against Microsoft Corp. are suing the Iowa attorney who spearheaded a $179.5 million settlement with the software company over attorney fees.Roxanne Conlin of Des Moines negotiated the 2007 settlement which included $75 million...

New Yorkers divided on how to balance state budget

July 6, 2010 12:22 pm | by Cornell University | News | Comments

Cornell's Survey Research Institute asked New Yorkers: If the state does not have enough money to balance its budget and pay for existing programs, would you raise taxes, cut state programs or borrow money?

General Dynamics subsidiary gets $171.8M Navy deal

July 6, 2010 12:05 pm | by The Associated Press | News | Comments

General Dynamics Corp.'s Electric Boat subsidiary has won a $171.8 million U.S. Navy contract to maintain and update design drawings and data for Virginia-class nuclear submarines.Electric Boat will do its work through the construction of each submarine in the class, and it will evaluate new...

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Media Cache: Deal Gives New Life to a French Entrepreneur's Dream

July 6, 2010 11:25 am | by New York Times | News | Comments

The sale of PriceMinister to Rakuten of Japan for $250 million shows that the French can create competitive businesses in even the most dynamic sectors of the economy, like the Internet.

Nokia to Exit Wireless Modem Business

July 6, 2010 11:25 am | by New York Times | News | Comments

Nokia is selling the business to Renesas Electronics of Japan for $200 million, as stiff competition from Chinese companies has driven down prices for the products.

Charges Announced for Soldier Accused of Leaking Video

July 6, 2010 11:25 am | by New York Times | News | Comments

The charges of downloading classified cables stem from a case of a leaked video of a helicopter attack in Iraq.

Media, Retail Firms Meld Business Models Online

July 6, 2010 11:25 am | by Wall Street Journal | News | Comments

Media and retail companies are increasingly treading on each other's turf online as they search for new business models.

Avnet Completes Acquisition of Bell Microproducts

July 6, 2010 11:24 am | News | Comments

Avnet announced that it has completed its acquisition of Bell Microproducts Inc. (“Bell Micro”) in an all cash merger for $7.00 per share.

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New Offices, New Ways of Working, and Abundant Energy Savings

July 6, 2010 11:22 am | by Energy Savers Blog | Blogs | Comments

A few weeks ago, our entire communications office was lucky enough to be among the first to move into the new Research Support Facility (RSF) here at the National Renewable Energy Lab (NREL). Moving into a new building may not sound all that exciting, but this was a momentous day for...

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Analyst: Akamai 2Q results to beat expectations

July 6, 2010 11:05 am | by The Associated Press | News | Comments

Web traffic management company Akamai Technologies Inc. will likely report second-quarter results above Wall Street's expectations, helped in part by an increase in Internet traffic from the World Cup, an analyst said Tuesday.THE OPINION: Pacific Crest analyst Chad Bartley estimates that...

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