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Web networking photos come back to bite defendants

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Published on: 07/19/08 Associated Press Writer

Two weeks after Joshua Lipton was charged in a drunken driving crash that seriously injured a woman, the 20-year-old college junior attended a Halloween party dressed as a prisoner. Pictures from the party showed him in a black-and-white striped shirt and an orange jumpsuit labeled "Jail Bird."

Venture capital investments hold steady in 2Q

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Published on: 07/19/08 AP Business Writer

The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups.

VC investment hold steady in 2Q at $7.4 billion

Published on: 07/19/08 AP Business Writer

The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups.

Venture capitalists still investing at steady pace

Published on: 07/19/08 The Associated Press

THE GOOD: The flow of money going to U.S. startups remained steady in the second quarter as venture capitalists invested $7.4 billion, unchanged from a year ago.

Venture capitalists still investing at steady pace

Published on: 07/19/08 The Associated Press

THE GOOD: The flow of money going to U.S. startups remained steady in the second quarter as venture capitalists invested $7.4 billion, unchanged from a year ago.

Google shares plummet after disappointing earnings

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Published on: 07/18/08 AP Business Writer

Google Inc. shares plunged nearly 10 percent Friday after the Internet search leader's second-quarter earnings missed analysts' expectations.

Big shareholder backs Yahoo board over Icahn

Published on: 07/18/08 AP Business Writer

One of Yahoo Inc.'s largest shareholders is supporting the re-election of the Internet company's incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl Icahn.

Web sites give voyeurs view of neighborhood safety

AP Photo
Published on: 07/18/08 AP Business Writer

I have no reason to feel unsafe in my neighborhood, but I appear to be surrounded by dozens of people convicted of everything from theft and sex crimes to public drunkenness and speeding.

MTN: No deal with Reliance

Published on: 07/18/08 The Associated Press

South Africa's largest mobile phone network operator said Friday it was unable to agree on a deal in talks with an Indian telecom company.

Picks and pans: 'Battlefield: Bad Company,' 'Secret Agent Clank,' 'Nanostray 2'

Published on: 07/18/08 McClatchy Newspapers

Brief reviews of recent game releases.

Downloadable 'Peril' takes the RPG quest into new territory

Published on: 07/18/08 McClatchy Newspapers

A little more than two weeks ago, Blizzard Entertainment announced that "Diablo III" was well into development. For the legions of fans who still play the classic RPG "Diablo II" eight years after its release, this was terrific if not entirely unexpected news.

Web networking photos come back to bite defendants

AP Photo
Published on: 07/18/08 Associated Press Writer

Two weeks after Joshua Lipton was charged in a drunken driving crash that seriously injured a woman, the 20-year-old college junior attended a Halloween party dressed as a prisoner. Pictures from the party showed him in a black-and-white striped shirt and an orange jumpsuit labeled "Jail Bird."

Sony Ericsson profit tumbles, plans to cut 2K jobs

Published on: 07/18/08 Associated Press Writer

Mobile phone maker Sony Ericsson on Friday posted a 97 percent drop in second-quarter earnings and said it would slash 2,000 jobs worldwide in a move to cut costs.

iPhones hot even in places Apple has yet to reach

AP Photo
Published on: 07/18/08 Associated Press Writer

In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here - but they are still begging for one item: Apple Inc.'s slick iPhone.

Microsoft 4Q profit rises, Web ad business rocky

Published on: 07/18/08 AP Technology Writer

Shares of Microsoft Corp. sank more than 5 percent on Friday, a day after the company missed Wall Street's earnings forecast by a penny, and issued softer-than-expected guidance for the current first quarter.

AMD shares fall after CEO steps down, weak 2Q

Published on: 07/18/08 AP Business Writers

Shares of Advanced Micro Devices Inc. fell at the market open Friday, a day after the chip maker reported the departure of Chief Executive Hector Ruiz and reported a wider second-quarter loss than analysts expected.

IBM 2Q profit soars on services strength

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Published on: 07/18/08 AP Technology Writer

IBM Corp.'s earnings, used to gauge the health of global technology spending, were a bright spot in an otherwise dreary economic landscape.

Microsoft 4Q profit rises; Web ad business rocky

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Published on: 07/18/08 AP Technology Writer

With a Yahoo Inc. search deal uncertain at best, Microsoft Corp. plans to invest hundreds of millions of dollars more than expected in the next year to whip its unprofitable online operations into shape.

Economic worries loom over Google's 2Q earnings

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Published on: 07/18/08 AP Business Writer

Google Inc. has successfully tackled a lot of complex problems during its first decade in business, but even the Internet search leader may be hard pressed to find a way to sustain its rapid earnings growth amid a sputtering economy in the United States and parts of Europe.

AMD changes CEO as turnaround pressure intensifies

AP Photo
Published on: 07/18/08 AP Business Writers

Under Hector Ruiz's leadership, chip maker Advanced Micro Devices Inc. rose to challenge larger rival Intel Corp. as never before in AMD's nearly 40-year history.

Summary Box: Microsoft 4Q profit climbs

Published on: 07/17/08 The Associated Press

CASH COWS: Sales of Office, Windows helped push Microsoft's fiscal fourth-quarter revenue up 18 percent to $15.8 billion.

Summary Box: IBM 2Q profit jumps 22 percent

Published on: 07/17/08 The Associated Press

THE PROFIT: IBM Corp.'s second-quarter profit rose 22 percent, easily beating Wall Street's expectations. The Armonk, N.Y.-based company is benefiting from continued strength in its services division despite growing economic worries.

AP Exclusive: A digital Albom through Kindle

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Published on: 07/17/08 AP National Writer

Mitch Albom has a new book out - well, not really a book, but a commencement speech in book form. And not in traditional book form, but as an e-book, published exclusively through Amazon.com's Kindle reader.

Summary box: Google gives give new reason to worry

Published on: 07/17/08 The Associated Press

RED FLAG: Although its growth rate remains impressive, Google's earnings missed analyst estimates and CEO Eric Schmidt acknowledged the economic climate is "challenging."

Summary Box: AMD changes CEO amid struggles

Published on: 07/17/08 The Associated Press

COMMAND CHANGE: Hector Ruiz, 62, is done as CEO at chip maker Advanced Micro Devices Inc. after six turbulent years. He now is executive chairman.

Texas approves major new wind power project

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Published on: 07/17/08 Associated Press Writer

Texas, headquarters of America's oil industry, is about to stake a fortune on wind power.

Yahoo calls Microsoft's actions `stupefying'

Published on: 07/17/08 The Associated Press

Yahoo Inc. sent a letter to shareholders Thursday in which it called Microsoft Corp.'s actions in its dance to acquire all or part of the Internet company "stupefying."

Europeans expand antitrust case against Intel

Published on: 07/17/08 AP Business Writer

European Union regulators have expanded their antitrust case against Intel Corp., claiming that the world's largest semiconductor maker has deliberately squeezed rival AMD out of the chip market.

Analysts: Tough conditions won't kill radio deal

Published on: 07/17/08 AP Business Writer

Meeting a regulator's tough conditions for approval of Sirius Satellite Radio Inc.'s purchase of XM Satellite Radio Holdings Inc. may be tough but isn't likely to derail the deal, analysts said Thursday.

Media General swings to 2Q loss, sees $500M charge

Published on: 07/17/08 AP Business Writer

Media General Inc. swung to a loss in the second-quarter on severance costs and lower ad revenue and expects to take an additional charge of up to $550 million to write down the value of its intangible assets.

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