Summit Notebook

AOL CEO says broadcasters should ‘let go’

May 17, 2007

AOL LLC Chairman and Chief Executive Officer Randy Falco Former NBC chief Randy Falco has some advice for TV and advertising industry bigwigs: be more experimental and mindful of the opinions of your viewers and customers.

Cable guy: Media savior

May 17, 2007

The adversarial relationship between cable companies and broadcasters is legend in the media industry.

EMC CFO: U.S. Tech spending cautious

May 17, 2007

EMC Corp. Executive Vice President and Chief Financial Officer David GouldenTechnology spending growth in the United States is likely to lag the pace of 2006 growth, due to caution by corporations, according to David Goulden, Executive Vice President and Chief Financial Officer at EMC Corp.

Mickey come find me

May 17, 2007

Think of it as a tap on the shoulder from a four-fingered white glove — worn by a giant mouse. Disney is working on new ways for fans of its movies, cartoons and television shows to communicate with each other, whether they are surfing the Internet or playing games on a mobile phone. We spoke today with Steve Wadsworth, Walt Disney Co. Internet group president, during the Reuters Global Technology, Media and Telecoms Summit.

Italian Yellow Pages publisher protects privacy, but not from police

May 16, 2007

majocchi.jpgItaly’s Seat Pagine Gialle doesn’t publish all the images it gathers from webcams, in the interests of protecting privacy — but it does pass them on to the police, Seat’s CEO told Reuters journalists in Paris. Asked whether images gathered by Seat, a yellow-pages publisher that is active on the Internet, didn’t provide opportunities for criminals, Luca Majocchi said: “I agree with you. Actually, we show on the image much less than what we have to, to protect privacy. Second, we try not to use webcams on the street.” Asked what information Seat provided to the police, Majocchi said: “The works we do for the government, say for the police, they are not sent online. We don’t make this accessible on the net. They use our system.” 

TeleAtlas CEO sees Galileo going ahead with delay

May 16, 2007

de-taeye.jpgThe CEO of digital mapmaker TeleAtlas expects the European Union’s Galileo project, designed to be a rival to the U.S. GPS system, to go ahead, albeit with further delays, he told Reuters journalists in Paris. Alain de Taeye said he was a “big fan” of Galileo, which has been held up by the kind of squabbles between EU countries that typify such European ventures as well as a dispute about who will pay the bills for the 3.4 billion-euro project. “Galileo today is encountering a lot of problems that are typical in getting Europeans to agree,” he said. The EU is asking for public funds of 2.4 billion euros to complete the project, originally meant to be part-funded by public-private partnerships, after the companies meant to build it balked at the costs and risks involved. He said the European initiative to build a GPS rival had been a factor in Bill Clinton’s decision to unscramble GPS, which was built for U.S. military use, in 2000. The decision to unscramble could have come earlier but was delayed by the first Iraq war, de Taeye said. “That delayed the whole of our industry,” he said.

BenQ says confident of recovery by 2008

May 16, 2007

BenQ Chairman K.Y. LeeBenQ Chairman K.Y. Lee said the company would see recovery next year as the firm has been struggling from the losses caused by its ailing mobile phone unit.

Samsung SDI bets on Q4 Turnaround

May 16, 2007

Sky Park Samsung SDISamsung said it will turn to a profit in the fourth quarter, as larger flat-screen television demand will grow towards the end of the year, said Sky Park, vice-president in charge of Samsung SDI’s PDP marketing, at the Reuters Global Technology, Media and Telecoms Summit in Seoul.

China’s eyes Japan JV by 2007 year end

May 16, 2007

Fritz Demopoulos CEO Qunar.ComFounded in 2005, China’s third largest travel search engine firm, is hoping to finalise a joint venture in Japan towards the end of this year, and is also in talks with South Korean internet portals for potential partnerships, said Chief Executive, and co-founder Fritz Demopoulos.

The fast and the curious

May 15, 2007

AT&T’s new U-Verse service, which it says will make digital TV and high Internet access speeds available to 18 million homes by 2008, will be fast enough for consumers over the foreseeable future, a company executive told the Reuters Global Technology Media Telecoms Summit on Tuesday.