Technology
Disney Profit Tops Analysts' Estimates on TV Gains, Stablizing Parks Unit Walt Disney Co., the world’s biggest
media company, reported fiscal first-quarter profit that beat
analysts’ estimates as TV revenue rose and theme-park results
stabilized.
Google Adds Social-Networking Feature to Gmail Program, Taking on Facebook Google Inc., the world’s most popular
search engine, added a social-networking feature to its Gmail e-
mail software, taking on market leader Facebook Inc.
Baidu Jumps as Much as 10% After Forecasting Revenue That Tops Estimates Baidu Inc., owner of China’s most
popular Internet search engine, forecast sales that topped
estimates after Google Inc. said it may exit the world’s largest
Web market. The shares jumped as much as 10 percent.
RealNetworks, MTV Aim to Turn Rhapsody Music Service Into Separate Company RealNetworks Inc. and Viacom Inc.’s
MTV Networks plan to turn their jointly operated music service,
Rhapsody America LLC, into an independent company, a move that’s
part of RealNetworks’ effort to offload businesses.
Toshiba Revives Plan for $8.94 Billion Flash Memory Plant, Nikkei Reports Toshiba Corp. revived plans to build
a flash memory plant in Mie Prefecture, Japan, spending 800
billion yen ($8.94 billion) over three years, Nikkei English
News reported, without saying where it got the information.
Oce Will Answer Canon Bid Questions at Shareholders Meeting, Hermes Says Oce NV will answer questions raised
by Hermes Focus Asset Management Ltd. on Canon Inc.’s proposed
takeover of the printer maker at a meeting Feb. 12, Hermes said
in an e-mailed statement today.
Acer Fourth-Quarter Net of $109 Million Is Highest in Almost Three Years Acer Inc., the world’s second-largest
computer vendor, posted its biggest quarterly profit in almost
three years after grabbing market share from Dell Inc. and
forecasting shipment growth that may exceed the industry average.