Tech wrap: Microsoft allowed looks at Yahoo’s books

November 23, 2011

Microsoft has signed a confidentiality agreement with Yahoo, allowing the software giant to take a closer look at Yahoo’s business, according to a source familiar with the matter. Microsoft joins several private equity firms that are also poring over Yahoo’s books and operations, as they explore various options for striking a deal with the struggling Internet company. Microsoft’s signing of a nondisclosure agreement with Yahoo occurred “recently,” according to the source.

Tech wrap: Adobe scraps Flash for mobile browsers

November 9, 2011

Score a point for Apple. Software maker Adobe scrapped its Flash Player for mobile devices after a mutli-year battle with Apple over the merits of the technology, which is used to view videos and play games on the Web. Take a look back at the legendary tech spat in this blow-by-blow timeline that stretches back to January 2007 when Apple launched its iPhone with a browser that was not compatible with Adobe’s Flash player. The company said in a blog post it plans to focus its future mobile browsing efforts on HTML5, a competing technology that is now universally supported on all major mobile devices.

Tech wrap: Sony suffers as TV picture dims

November 2, 2011

Sony warned of a fourth straight year of losses, with its television unit alone set to lose $2.2 billion on tumbling demand and a surging yen, sinking its U.S. shares and raising concerns about the viability of its high-profile TV business. Investors had expected Sony to reduce its profit forecast, but not flag a swing to massive losses.

Tech wrap: Apple misses, Intel beats quarterly expectations

October 18, 2011

Apple reported a rare miss in quarterly revenue after sales of its flagship iPhone fell well short of Wall Street expectations. The September quarterly report was Apple’s first under new CEO Tim Cook, who took over in August after co-founder Steve Jobs resigned. The company reported a net profit of $6.62 billion, or $7.05 a share. That fell shy of expectations for earnings of $7.39 per share.

Tech wrap: Apple’s “Siri” spurs iPhone 4S sales

October 17, 2011

Apple said it sold 4 million iPhone 4S devices in the new smartphone’s first three days on the market, setting up a strong December quarter for the world’s largest technology company. Helped by availability in more countries and on more telecommunications carrier networks, the iPhone 4S, which went on sale last Friday, managed to outshine the iPhone 4, which sold 1.7 million over its first three days. Unveiled just a day before Steve Jobs died, it was initially dubbed a disappointment, partly because it looked identical to its predecessor. But anticipation of its “Siri” voice software helped it set an online record in pre-orders on October 7.

Tech wrap: Google profit expectations eat dust

October 13, 2011

Google’s third-quarter results trounced Wall Street expectations as good cost controls helped boost the Internet search leader’s profit by about 26 percent. The world’s No. 1 Internet search engine said its net income in the three months ended September 30 totaled $2.73 billion, up from $2.17 billion in the year-ago period.

Bye bye BlackBerry?

October 13, 2011

As Research In Motion deals with the fallout from service disruptions that have affected millions of BlackBerry users around the world this week, a survey by Aite Group shows that out of 402 financial advisers polled, 45 percent say they would choose an Apple iPhone or iPad, while 14 percent would pick a BlackBerry.

Tech wrap: Apple’s iOS 5 debuts

October 12, 2011

Apple rolled out its iOS 5 mobile operating system, one week after pancreatic cancer claimed the life of its former CEO and visionary Steve Jobs. The update adds voice recognition software called “Siri”, instant messaging and support for Apple’s iCloud service, although the inclusion of Siri is limited to the iPhone 4S. MacWorld’s Dan Moren says the free update is “ambitious” and that “there’s hardly a part of Apple’s mobile operating system that isn’t altered in some way”. Engadget’s Dante Cesa says that “other than turn-by-turn navigation, more multitasking APIs and some delectable widgets, there isn’t much, headline-wise, left on Apple’s hit list for iOS 6“.

Tech wrap: Oracle and HP keep sparring

September 29, 2011

Oracle and Autonomy escalated their war of words on Thursday, sparring publicly over whether the British software firm had ever been shopped to the U.S. technology giant.

Tech wrap: RIM’s missteps stir talk of sale

September 16, 2011

Research In Motion’s dismal quarterly results, the latest in a string of disappointments by the BlackBerry maker, could prove a boon to prospective buyers eyeing its treasure trove of wireless patents.