Tech wrap: Microsoft reaches for the cloud

June 28, 2011

Everyone seems to be gabbing about the “cloud” these days. Whether it’s Apple’s much-hyped iCloud service or the Amazon Cloud, the now-popular euphemism for web-based software services has become one of the tech world’s biggest buzz words. Microsoft joined in on the action today by unveiling a revamped web-based version of its popular Office suite of business software. But Microsoft’s main target here is not Apple or Amazon, but Google, which has stolen some of the software maker’s corporate customers in recent years with cheap, web-only alternatives.

Tech wrap: New iPhone seen in time for school

June 22, 2011

Apple plans to launch a new iPhone with a faster chip for data processing and a more advanced camera in September, Bloomberg said. The new iPhone will include the A5 processor along with an 8-megapixel camera, the report said, quoting two people familiar with the plans. Apple is also testing a new version of the iPad that has a higher resolution screen, the report said, adding a cheaper version of the iPhone aimed at developing countries is also in the works.

Tech wrap: LinkedIn shares skyrocket in debut

May 19, 2011

LinkedIn made its remarkable debut on the New York Stock Exchange, at times trading more than 171 percent above its IPO price of $45. The stampede to buy the stock had some remembering back to another time when investors also loved tech stock IPOs: the 1990s and the dotcom bubble.

Tech wrap: Sony CEO says sorry to gamers

May 6, 2011

Sony CEO Howard Stringer broke his silence on the biggest Internet security break-in ever, apologizing to users of the PlayStation Network and other online services. Stringer did not specify when services would resume.

Tech wrap: Facebook, Google mull Skype tie-ups

May 5, 2011

Facebook and Google are separately considering a tie-up with Skype after the Web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters. A Skype deal could be valued at $3 billion to $4 billion, the first source said.  The discussions are in early stages, and it is not clear which option the companies favor, the first two sources said.

Tech wrap: RIM shares dive ahead of BlackBerry World

April 29, 2011

RIM's BlackBerry PlayBook is seen in a handout photo. REUTERS/RIM/Handout

Research in Motion shares tanked to their lowest level since October after the BlackBerry maker slashed its sales and earnings forecasts Thursday, an unexpected blow that followed an anemic forecast in late March and last week’s troubled launch of its PlayBook tablet. “We’ve heard for too long about RIM’s great product roadmap. Consumers are not listening nor waiting,” National Bank analysts said in a note. “RIM does not even seem to have dual cameras on its upcoming BlackBerry product line-up. The last time we checked, video is the future.” All hope seems to rest on what the Canadian company pulls out of its labs and onto center stage at BlackBerry World, starting Monday, where the company will unveil a new generation of touchscreen BlackBerrys.

Tech wrap: Sony admits PlayStation Network privacy breach

April 26, 2011

A visitor plays with a Playstation at an exhibition stand at the Gamescom 2009 fair in Cologne in this August 22, 2009 file photo. Reuters/Ina Fassbender

Tech wrap: Apple beats Google to the music cloud

April 21, 2011

Storm clouds gather over Hanoi's skyline September 21, 2009. REUTERS/KhamApple has completed work on an online music storage service and is set to launch it ahead of Google, whose own music efforts have stalled, according to several people familiar with both companies’ plans. The sources revealed that Apple’s plans will allow iTunes customers to store their songs on a remote server, and then access them from wherever they have an Internet connection and that Apple has yet to sign any new licenses for the service and major music labels are hoping to secure deals before the service is launched. Amazon.com launched a music locker service earlier in April without new licensing agreements leading to threats of legal action from some music companies.

Tech wrap: Apple raises the earnings bar

April 20, 2011

A shop assistant in Sydney gestures in front of an advertising sign moments before Apple's iPad 2 became available for direct purchase in Australia March 25, 2011.  REUTERS/Tim Wimborne Apple reported quarterly revenue of $24.67 billion on strong iPhone and Mac sales, racing past Wall Street estimates. In the quarter, the company sold 18.65 million iPhones and 3.76 million Macintosh computers. Analysts expected 16.3 million and 3.64 million, respectively. Sales of iPads and iPods fell short. The number of iPads sold was 4.69 million, shy of the 6.3 million expected. Sales of iPods were 9 million, versus expectations of 9.85 million.

Tech wrap: Amazon’s storm cloud

March 29, 2011

People sit in Washington Square Park at New York University in New York, October 21, 2009.Amazon.com faced a backlash from the music industry after it introduced Cloud Drive, an online “music locker” that lets customers store music files on the company’s Web servers instead of their own hard drives and play them over an Internet connection directly from browsers and on phones running Google’s Android OS. Sony Music was upset by Amazon’s decision to launch the service without new licenses for music streaming.