Liana's Feed
Apr 26, 2011

Sony PlayStation Network user data stolen

NEW YORK (Reuters) – An authorized person broke into Sony’s PlayStation video game online network and stole names, addresses and possibly credit card data belonging to 77 million user accounts in what could be one of the largest-ever Internet security breaches.

Sony learned that user information had been stolen from its PlayStation Network seven days ago, prompting it to shut down the network. But Sony did not tell the public until Tuesday.

Apr 26, 2011

Lexmark’s Q2 forecast misses, shares plunge

NEW YORK, April 26 (Reuters) – Printer maker Lexmark
International Inc (LXK.N: Quote, Profile, Research, Stock Buzz) issued a second-quarter forecast that
missed Wall Street expectations and sent its shares down nearly
16 percent.

While the entire printer business is shrinking as people
shift toward keeping documents in digital form, Lexmark
reported a decrease in profit on Tuesday that outpaced industry
declines, signaling it may be losing out to rivals such as
Canon (7739.T: Quote, Profile, Research, Stock Buzz) and Samsung (005930.KS: Quote, Profile, Research, Stock Buzz).

Apr 26, 2011

EA’s COO leaves for Zynga

NEW YORK (Reuters) – Zynga, the social games company, has poached the chief operating officer of Electronic Arts Inc, sources familiar with the matter said on Tuesday.

The executive, John Schappert, will head up Zynga’s game division, one of the sources said.

Apr 26, 2011

EA’s COO leaves for Zynga – sources

NEW YORK, April 26 (Reuters) – Zynga, the social games
company, has poached the chief operating officer of Electronic
Arts Inc (ERTS.O: Quote, Profile, Research, Stock Buzz), sources familiar with the matter said on
Tuesday.

The executive, John Schappert, will head up Zynga’s game
division, one of the sources said.

Apr 21, 2011

Xerox’s quarterly profit rises, Japan fears linger

NEW YORK (Reuters) – Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) maintained its annual outlook but could not soothe investors’ concerns over the earthquake in Japan affecting its business, which sent shares down more than 3 percent on Thursday.

Xerox has manufacturing plants in Japan, buys components for its printers and copiers in the country and also has a 25 percent ownership stake in the Japan-based joint venture, Fuji Xerox.

Apr 21, 2011

Xerox outlook calms supply fears, profit rises

NEW YORK, April 21 (Reuters) – Xerox Corp’s (XRX.N: Quote, Profile, Research, Stock Buzz)
quarterly profit and revenue rose as it signed up more clients
for its business services offerings and it calmed investor
fears over the earthquake in Japan affecting its business.

The company did not cut its full year earnings outlook,
soothing concerns over supply chain disruptions, specifically
its Fuji Xerox operations in Japan, said Cross Research analyst
Shannon Cross.

Apr 20, 2011

Intuit’s small-business bets paying off

NEW YORK (Reuters) – For some 20 million Americans, tax season means powering up the computer, opening a TurboTax software program and, if all goes well, getting their finances in order.

As the company that makes the top-selling tax program, Intuit Inc can hardly complain about the process. Then again, companies best known for a single, seasonal product do not often witness their stock price rising 50 percent in one year and more than 100 percent in two years.

Apr 18, 2011

Analysis: Intuit’s small-business bets paying off

NEW YORK (Reuters) – For some 20 million Americans, tax season means powering up the computer, opening a TurboTax software program and, if all goes well, getting their finances in order.

As the company that makes the top-selling tax program, Intuit Inc (INTU.O: Quote, Profile, Research, Stock Buzz) can hardly complain about the process. Then again, companies best known for a single, seasonal product do not often witness their stock price rising 50 percent in one year and more than 100 percent in two years.

Apr 15, 2011

RIM’s email-less PlayBook gets tough reviews

TORONTO/NEW YORK (Reuters) – RIM’s PlayBook tablet bombed with influential technology reviewers who called the iPad competitor a rushed job that won’t even provide RIM’s vaunted email service unless it’s hooked up to a BlackBerry.

The poor initial response to a device the company hopes will get it onboard the tablet computing explosion overshadowed a splashy coming-out party in New York Thursday evening, where co-CEOs Jim Balsillie and Mike Lazaridis drummed up the gadget’s attractiveness with corporate users.

Apr 11, 2011

Exclusive: PopCap Games says could file IPO by end of summer

NEW YORK (Reuters) – PopCap Games Inc, the maker of popular smartphone and Facebook games “Bejeweled” and “Plants vs Zombies,” is gearing up to file for an initial public offering by the end of the summer, its top executive told Reuters on Monday.

PopCap Chief Executive David Roberts said the company hopes to file for an IPO between Labor Day and Thanksgiving of 2011 to get ahead of other high profile Web offerings. It has not made a final decision.