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Palm suspends production due to Chinese New Year: source

February 12, 2010 4:15 am | News | Comments

Palm Inc is suspending production of its smartphones for the Chinese New Year, as all of them are made in China, but it will resume operations by the end of the month, a source told Reuters on Thursday. The source confirmed parts of a report from industry tracker OTR Global that Palm has suspended production of its namesake smartphone, although not for the entire month of February as the OTR report said.

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Yahoo executives address misconception about search

February 12, 2010 4:13 am | News | Comments

Yahoo Inc executives defended the company's commitment to Internet search on Wednesday, vowing to reverse the erosion of the company's market share and to fix the "misconception" that the company has given up on the business it helped create.

Google staunchly defends pact to digitize books

February 12, 2010 4:11 am | News | Comments

Google Inc argued in a staunch and sometimes eloquent brief that an agreement reached with the Authors Guild to digitize millions of books was legal and a contribution to human knowledge. Google's ambitious plan has been praised for expanding access to books but the Justice Department criticized it on February 4 on a variety of grounds, saying it potentially violated antitrust and copyright laws.

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U.S. sets grants for health technology, job training

February 12, 2010 4:09 am | News | Comments

Members of President Barack Obama's Cabinet will announce nearly $1 billion in grants on Friday to increase the use of health information technology, a White House official said, pushing a key component of Obama's healthcare overhaul and job creation plans.

BP expands program that rolls back gas prices

February 12, 2010 4:07 am | News | Comments

BP said Thursday that it is expanding a program to attract drivers by giving them a break when they fill up. The oil company said it is installing technology throughout its network of 10,000 gas stations nationwide that will allow drivers to redeem instant cents-off-per-gallon savings rewards from retailers at the pump.

New Applications and the Myth of the Killer App

February 12, 2010 4:05 am | by Rupert Baines, picoChip, www.picochip.com | Blogs | Comments

The most exciting and perhaps most anticipated telecoms for new revenues is applications. We are starting to see these, the iPhone Apps for example, or Nokia’s “Comes with Music”.

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Motorola says will split in 2 in early 2011

February 12, 2010 4:05 am | News | Comments

Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 - with one half containing its consumer-focused mobile phone and television set-top box products, and the other holding divisions that target business customers.

Challengers gain in important phone software fight

February 12, 2010 3:52 am | News | Comments

As smart phones increasingly appear alike, with high-end models mostly taking their cues from Apple Inc.'s iPhone, more and more it's the software they run that makes a difference. A growing number of operating systems are jostling for the attention of phone buyers and manufacturers.

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Mayor: Cash reserve dip due to faulty accounting

February 12, 2010 3:01 am | by The Associated Press | News | Comments

The mayor of Conway says faulty accounting or human error — not theft — is the cause of the city's cash reserves being about $1.8 million lower than expected.The city has about $1.2 million in its reserve fund — not the estimated $3 million city officials had thought was available.Mayor Tab...

SkillSoft agrees to $1.1B acquisition by group

February 12, 2010 2:01 am | by The Associated Press | News | Comments

Education software provider SkillSoft PLC said Friday it has agreed to be purchased by a private investor group for about $1.1 billion.SkillSoft shareholders will receive $10.80 in cash for each ordinary share or American Depositary share they own, which is an 11 percent premium to the...

In Memoriam: Bruce Carmichael, Shaped Different Parts of Campus in Administrative Posts

February 11, 2010 7:52 pm | by Yale University | News | Comments

Bruce F. Carmichael, the deputy dean for academic administration in the School of Engineering & Applied Science (SEAS), died suddenly on Feb. 1. He was 63 years old.

Stamps.com 4Q rises, beating estimates

February 11, 2010 5:01 pm | by The Associated Press | News | Comments

Stamps.com Inc., which allows consumers to print postage approved by the U.S. government from their computer, said Thursday its fourth-quarter net profit rose 36 percent although revenue fell.Net income in the three months to Dec. 31 came to $2.2 million, or 14 cents per share, from $1.6...

Softchoice reports Q4 profit of US$7.1 million, sales down from year ago

February 11, 2010 4:01 pm | by The Associated Press | News | Comments

Softchoice Corp. (TSX:SO) , which keeps its books in U.S. dollars, said Thursday it earned US$7.1 million or 39 cents per share for the quarter ended Dec. 31 compared with a loss of $21.9 million or $1.25 per share for the same period a year earlier. During the quarter, Softchoice reported...

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- Continued debt reduction finishing quarter with a net cash position of $1.8 million

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Softchoice Corporation (TSX: SO), a leading North American provider of IT solutions and services, today reported financial results for the fourth quarter and fiscal year of 2009.For the three-month period ended December 31st, 2009, Softchoice reported net earnings of US$7.1 million or US$0.39 per...

Epicor Software posts higher 4Q earnings

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Business software company Epicor Software Corp. said Thursday its fourth-quarter profit soared on a jump in software license revenues and a decline in operating costs.Earnings were $6.7 million, or 11 cents a share, in the three months ended Dec. 31. That compares with a profit of $1.5 million,...

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