Global cell phone use at 50 percent

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Worldwide mobile telephone subscriptions reached 3.3 billion -- equivalent to half the global population -- on Thursday, 26 years after the first cellular network was launched, research firm Informa said. Since the first Nordic Mobile...

AMD Sells 8.1 Percent Stake to Mideast Firm

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The Abu Dhabi government's investment arm paid $622 million for an 8.1% stake in Advanced Micro Devices Incorporated. A unit of Mubadala Development Company received 49 million newly-issued AMD shares at a closing price of...

Digital camera shipments to U.S. up 22 percent

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In its quarterly report, Research firm IDC has concluded that camera makers shipped 8.4 million units (a 22% rise over the last quarter) to the United States, fuelled by customers replacing older models at discounted...

Yahoo Q3 Profit Slips 5 Percent

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Still feeling the effects of a major reorganization, officials from search-engine Yahoo announced yesterday that third-quarter net income fell 5 percent, to $151.3 million, from $158.5 million in the same period a year earlier, despite...

Deutsche Telekom's Profit Falls 40 Percent

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Deutsche Telekom AG said Thursday that its second-quarter net profit fell by 40 percent as more than half a million customers abandoned its traditional land-line offerings for cheaper rivals or switched completely to mobile phones....

80 percent of PS3s will be higher priced models

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The PlayStation 3 has not had the smoothest of rides to its November 2006 (March 2007 in Europe) launch date. Concerns over the availability of Blu-ray chips and rumors about Cell processor yields have been...

AMD nabs 25 percent of server market

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Advanced Micro Devices is still making strides in the server market at Intel's expense as the larger company waits to see if a new processor can reverse its slide. AMD on Monday said it increased...

Eighty percent of new malware defeats antivirus

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The most popular antivirus applications on the market are rendered useless by around 80 percent of new malware, according to AusCERT. At a security breakfast hosted by e-mail security firm Messagelabs in Sydney on Wednesday,...

Mac Sales up 12 Percent as Apple Soars

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Apple Computer's third-quarter revenue fell a little short ofexpectations, but profitability was far higher than expected and Macsales increased at a healthy clip. Revenue was $4.37 billion, up 24 percent from last year's quarterly revenue...

Intel to cut Prices by 60 Percent

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In a bold move to regain some lost market share from Advanced Micro Devices (AMD), Intel Corp. is planning to cut its Pentium processor prices by as much as 60 percent. The price cuts are...

NPD: 2005 game sales up 21 percent

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The NPD Group today released sales figures for the first six months of 2005. According to the numbers, sales topped $4.1 billion between January 1 and June 30, as compared to $3.4 billion in the...

EA Quarterly Revenues Off 16 Percent

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Electronic Arts stock took a major hit yesterday when quarterly earnings reports were released by the company. Revenues for the quarter were off 16% from last year's figures, leading EA to a net loss...

iPod US marketshare rises to 82 percent

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After clothes, money and a car, an iPod is what U.S. teenagers want most this holiday season. A survey of 600 high school students by Piper Jaffray & Co. analyst Gene Munster found Apple Computer...

Microsoft revenue climbs 15 percent

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Microsoft revenue has climbed 15 percent for the final quarter of this 2004 fiscal year. Still some analysts aren't pleased with this increase in revenue. As they expected the tech giant to bring...

Konami profits jump 149 percent

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Konami profits jump 149 percent Japanese publisher Konami has reported a large rise in its profits for the first half of the 2003 fiscal year, with the boost attributed largely to the...

Video Game Sales Up 10 Percent in 2002

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LOS ANGELES (Reuters) - Sales of video game hardware, software and accessories rose 10 percent in 2002 to $10.3 billion, according to data released on Monday, even as revenue from game consoles actually declined. Market...

Silicon Valley's Jobless Rate 7.9 Percent

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The technology downturn continues to hammer California's Silicon Valley, where the unemployment rate in October was 7.9 percent, the highest level since 1983 and well above last month's statewide average of 6.4 percent. ...

Oracle's Quarterly Profit Plunges 33 Percent

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Business software maker Oracle Corp. said Tuesday its earnings and sales continued to erode in its latest quarter as companies around the world remained reluctant to invest in technology. The Redwood Shores-based...

Napster cuts 10 percent of staff

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Online music trading service Napster said Friday it will sack 10 percent of its staff as it awaits a deal with the world's leading record companies. Napster has been all but shutdown since...

HP: 65 Percent of Employees Support Compaq Merger

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Internal polls show a majority of Hewlett-Packard Co.HWP.N employees support plans to buy Compaq Computer Corp.CPQ.N, the company said on Friday, although a leading critic of the merger said an independent survey was needed. ...

Intel Profits Tumble 77 Percent

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Intel Corp. on Tuesday reported third-quarter profits that tumbled 77 percent as it struggled with slowing economies and weak personal computer sales, prompting it to forecast sluggish sales in the fourth quarter, typically the industry's...

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