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Monday, October 22, 2012

Technology Report: Yahoo posts $1.09 billion net revenue in third quarter

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10/22/2012
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Yahoo posts $1.09 billion net revenue in third quarter
SAN FRANCISCO (Reuters) - Yahoo Inc reported a slight uptick in net revenue in the third quarter, the struggling Internet company's first three months under new Chief Executive Marissa Mayer.
Analysis: Yahoo CEO's comeback plan homes in on technology, not media
SAN FRANCISCO (Reuters) - Marissa Mayer, who earned a reputation for decisive action and intensity during her 13-year stint at Google Inc, has spent her first months as Yahoo Inc CEO quietly moving the Internet pioneer back to its roots in technology.
Federal agency to switch to iPhone, drop BlackBerry
(Reuters) - The Immigration and Customs Enforcement agency (ICE) said it will end its contract with BlackBerry maker Research In Motion Ltd in favor of Apple Inc's iPhone, dealing a new blow to RIM just months before it launches a vital new device.
Analysis: Most companies won't be early adopters of Windows 8
SEATTLE (Reuters) - There was once a time when the launch of a new Windows operating system was a huge deal for the technology departments in many businesses. Not anymore. Microsoft Corp's release of Windows 8 on Friday is likely to be a non-event for most companies -- and some experts say many may never adopt it.
Acer third-quarter net profit well below forecasts; tax, FX losses seen
TAIPEI (Reuters) - Taiwanese PC maker Acer Inc reported third quarter net profit of T$68 million ($2.32 million), well below estimates.
HP will honor Violin Memory sales deal but not extend it: source
SAN FRANCISCO (Reuters) - Hewlett-Packard will honor an agreement to sell solid-state storage devices made by Violin Memory but has no plan to extend the deal to future products, a source familiar with the situation said on Monday.
Western Digital first-quarter profit soars
(Reuters) - Hard disk drive maker Western Digital Corp's first-quarter profit more than doubled to $519 million.
Ancestry.com to be acquired by Permira-led group for $1.6 billion
(Reuters) - Genealogy website operator Ancestry.com agreed to be acquired for $1.6 billion by a group led by Europe-based private equity firm Permira Advisors LLC, four months after it put itself up for sale following the cancellation of a TV show based on its research.
LME signs deal on new trading surveillance software
LONDON (Reuters) - The London Stock Exchange's technology system supplier Millennium IT said on Monday it had signed an agreement to provide the London Metal Exchange (LME) with surveillance software which will allow it to analyze trading patterns.
Isis finally launches mobile payments service in two cities
NEW YORK (Reuters) - Isis, a venture of three of the top U.S. mobile providers, said on Monday it has kicked off its much-delayed mobile payments service in two U.S. cities and promised that as many as 20 phone models would support the service by year end.
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