Tech wrap: Steve Jobs is back, maybe

May 31, 2011

Apple’s Chief Executive Steve Jobs, who spent months on medical leave, will open an annual developers’ conference on June 6 showcasing the iPad maker’s latest computer software and a new cloud computing service. But it’s unclear if he’s returning from medical leave or simply kicking off the conference.

Tech wrap: Microsoft carts out Mango phone OS

May 24, 2011

Microsoft announced an update of its Windows phone software, code-named Mango, hoping a host of new features will help it close the gap on smartphone leaders Google and Apple. The update involves 500 new features, including IE 9 as the mobile browser, integrated Twitter and LinkedIn feeds, automated Facebook check-ins, and access to more than 17,000 downloadable applications.

Tech wrap: Sony takes a $3.2 billion beating

May 23, 2011

Sony will post its third straight annual net loss for the year that ended in March after writing off tax credits in the wake of Japan’s earthquake and tsunami, the latest in a string of grim headlines on the consumer electronics giant. The firm, which previously forecast a net profit of 70 billion yen for 2010/11, surprised markets on Monday by declaring the need to update investors with revised estimates ahead of its official earnings report on Thursday. Sony said it now expected to post a net loss of 260 billion yen ($3.2 billion). The annual net loss would be Sony’s second-largest ever.

Tech wrap: Liberty Media eyes Nook e-reader

May 20, 2011

Some see e-readers as the poor cousin to more glamorous tablets, but that may soon be about to change. Billionaire media mogul John Malone, whose Liberty Media owns DirecTV Group and the QVC shopping channel, may be interested in buying the Barnes & Noble chain specifically for its Nook e-reader, according to a person familiar with the company’s thinking behind the deal.

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’s new security setback

May 18, 2011

Mere days after Sony began restoring access to its PlayStation Network, the company said it had discovered a security flaw on one of the websites set up to help the millions of users affected by April’s massive data breach reset their passwords.

Tech wrap: Blame game at HP

May 17, 2011

What is responsible for Hewlett-Packard’s bleak profit outlook? Ask CEO Leo Apotheker and he’ll blame it on “missed opportunities” in a troubled division under his predecessor Mark Hurd.

Rent-a-Google

May 17, 2011

Google, in a new bid to diversify its way out of an overwhelming dependence on search ad revenue, has once again taken aim at a giant in another industry. Having disrupted the disruptor that is Apple in the smartphone arena, Google is now challenging Microsoft’s 800-pound-gorilla status in the enterprise market.

Wanna direct Cars 2? There’s an app for that.

May 11, 2011

By Poornima Gupta

You could call it another victory lap for Steve Jobs.

John Lasseter, chief creative officer for Disney and Pixar and an old chum of the Apple CEO, credits the making of the new “Cars 2″ film to a single device: the iPad. 

Tech wrap: Microsoft’s Skype deal roasted

May 10, 2011

Microsoft’s move to buy money-losing Internet phone service Skype for $8.5 billion was immediately skewered by critics and investors, who questioned the logic of the deal and suggested the software giant is paying far too much. The price is about double the expected value of Skype if it had gone ahead with its planned IPO.