News
Holiday shoppers a disappointment for GameStop
January 7, 2010 10:01 am | by ANDREW VANACORE - AP Business Writer - Associated Press | CommentsWith lingering economic pain, holiday shoppers did not shell out as much for video games this season as GameStop Corp. hoped, and the company slashed its profit forecast Thursday.The news sent shares of the world's biggest video game retailer down as much as 19 percent.GameStop executives said...
Former Astor mansion in Newport sold for $10.5M
January 7, 2010 10:01 am | by The Associated Press | CommentsA mansion that was once the Newport summer home to the Astor family and in recent years has served as a museum has been sold to a group with ties to software mogul and sailing enthusiast Larry Ellison.Former Astors' Beechwood Mansion owner Robert Milligan tells The Associated Press on Thursday...
GameStop reports weak holiday video game sales
January 7, 2010 7:01 am | by The Associated Press | CommentsEconomic weakness, bad weather and supply shortages put a dent in video games sales during the holiday season, GameStop Corp. said Thursday, leading the company to slash its profit forecast.The news sent shares of the world's biggest video game retailer down as much as 19 percent in morning...
Laser-based Projector Empowers Handheld Devices
January 7, 2010 5:17 am | CommentsMicrovision, developer of light-scanning technologies for display and imaging products, unveiled its commercially available laser pico projector, the SHOWWX.
Toshiba makes waves with all-in-one ''Cell TV''
January 6, 2010 8:25 pm | by Jason Lomberg, Technical Editor | CommentsToshiba is looking to redefine the “all-in-one device” with its “Cell TV,” an HD-3D LED TV poised for release in 2010. The Japanese company announced this potential game-changer at CES today.
TV makers ready to test depths of market for 3-D
January 6, 2010 12:01 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | CommentsThis is supposedly the year 3-D television becomes the hot new thing: Updated sets and disc players are coming out, and 3-D cable channels are in the works. But it's not clear the idea will reach out and grab mainstream viewers.Besides having to spring for expensive new TVs, people would have...
GM says new CFO is a candidate for CEO post
January 6, 2010 11:01 am | by The Associated Press | CommentsGeneral Motors Co. Chairman and CEO Ed Whitacre says the company's new chief financial officer Chris Liddell is a candidate for the CEO post.Liddell formerly served as CFO of Microsoft Corp. The automaker announced the 51-year-old was its new CFO late last month.Whitacre also says he is not...
AT & T to begin selling Android-based phones
January 6, 2010 9:01 am | by The Associated Press | CommentsAT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival into the fold of the device's sole U.S. carrier.AT&T said Wednesday it plans to sell five Android phones from Dell, HTC and Motorola during the first half...
'Nanodragster' races toward the future of molecular machines
January 6, 2010 7:56 am | by EurekAlert | Comments(American Chemical Society) Scientists in Texas are reporting the development of a "nanodragster" that may speed the course toward development of a new generation of futuristic molecular machines. The vehicle -- only 1/50,000th the width of a human hair -- resembles a hot-rod in shape and...
Va. Gov.-elect McDonnell names 3 more to Cabinet
January 6, 2010 7:01 am | by LARRY O'DELL - Associated Press Writer - Associated Press | CommentsGov.-elect Bob McDonnell announced three more Cabinet appointments Wednesday, including a former state legislator who will oversee Virginia's homeland security efforts.Terrie Suit, who represented Virginia Beach in the House of Delegates for nine years, will serve as assistant to the governor...
Digi International to Release Fiscal First Quarter 2010 Earnings Results and Host Conference Call on January 21, 2010
January 6, 2010 6:51 am | by Digi International | Comments(Minneapolis, MN, January 5, 2010) - Digi International® Inc. (Nasdaq: DGII) will release financial results for its fiscal first quarter 2010 on Thursday, January 21, 2010, after market close, and will host a conference call later the same day, at 5:00 p.m. ET (4:
Mercury Computer says chairman steps down
January 6, 2010 6:01 am | by The Associated Press | CommentsMercury Computer Systems Inc. said Wednesday Russell K. Johnsen has resigned form his post as chairman of the company's board.Mercury, which makes computer systems and software, said it has appointed Vincent Vitto to take his place. Vitto has served on the board since he retired from his former...
First consumer devices for Mobile DTV debut
January 6, 2010 5:01 am | by The Associated Press | CommentsThe prospect of live, local TV shows on cell phones and other portable devices is getting closer. Manufacturers this week are showing off gadgets that can receive a new type of digital TV transmissions."Mobile DTV" gadgets are due to be tested this spring by consumers in the Washington, D.C.,...
Level 3 prices bonds with 10 percent interest
January 6, 2010 5:01 am | by The Associated Press | CommentsLevel 3 Communications Inc. said Wednesday it has priced its new bonds at 97.982 percent of the principal with an interest rate of 10 percent.The Internet networking services company is selling $640 million of notes maturing in 2018 in a private offering.It plans to use the proceeds to buy back...
