Yahoo reports Q4 loss, unleashes its new CEO
On its Q4 earnings call Tuesday, Yahoo reported a loss of $303 million, due in part to various restructuring underway. But if the impression given by freshly minted CEO Carol Bartz is correct, the company's wise to look forward, not back.
The company managed to deliver above the midpoint of the guidance it previously gave for fourth quarter. Non-GAAP net income for Q4 was $238 million, or 17 cents/share, compared to $184 million or 13 cents/share for the same period last year; alas, with GAAP figured in, it works out to a loss of 22 cents/share.
The rumored Skype sale by eBay: Much ado with little to go by
Commentary is swirling in the blogsphere this week over the prospect of eBay selling its VoIP property Skype to an acquirer. But does the online auctioneer really have some sort of "plan" in that direction?
Much of the media appears not at all convinced that this is so, despite all the attention paid to the rumors.
IBM resolves suit against Apple-bound former exec
IBM today announced that it has resolved its suit against former PowerPC chip and blade server executive Mark Papermaster. In November of last year, the company filed for a preliminary injunction that would have denied Papermaster an advisory position at Apple because he knew too many of IBM's secrets.
Papermaster and IBM agreed on a resolution that would keep the executive from beginning work at Apple until April 24 of this year, whereupon he will remain subject to all of his former contractual obligations at IBM, including the obligation to not divulge any of IBM's confidential information. Papermaster will be under the watchful eyes of the court until October 24, 2009, a full year after he officially left IBM. In that time, he will have to legally certify in July and October that he has adhered to his legal obligations. There was no announcement regarding the monetary terms of this settlement.
Sun sets out $209 million loss, will cut up to 5,000
The second quarter of fiscal year 2009 was a reworking period for Sun Microsystems, which on Tuesday reported a loss of $209 million, or 28 cents/share, in the wake of its restructuring effort announced back in November.
The loss exceeded analysts' estimates of 13 cents/share. But without those one-time restructuring losses, things look a little better -- as they do in comparison to last quarter, when Sun announced a net loss of $1.677 billion (or $2.24/share). Non-GAAP net income for Q2 was $114 million, or 15 cents/share. Last quarter non-GAAP results showed a net loss of $65 million, or 9 cents/share.
iPhone gets Software 2.2.1 update
Apple has pushed out a minor software update to its iPhone, iPhone 3G, and iPod Touch devices this afternoon. According to the update information from Apple, among 246MB worth of unnamed bug fixes and improvements, Safari's stability has been improved, and an "issue where some images saved from Mail do not display correctly in the Camera Roll" has been fixed.
Its European court petition denied, Intel has three days to defend itself
Since last July, Intel's defense against a Statement of Objections filed by the European Commission has been that it isn't privy to all the evidence. Now, a court has concluded that time to find what that evidence is, has run out.
A last-chance petition by Intel before the European Court of First Instance in Brussels last month, pleading for enough time to gather information it believes may be exculpatory in charges against its anti-competitive conduct against AMD, was turned down this afternoon.
Apple fixes DisplayPort Dual-DVI problems
Yesterday evening, Apple released the Nvidia Graphics Update 2009 which deals with video smoothness issues on Macs equipped with GeForce 7300 GT or GeForce 9600M graphics cards.
The primary fix involves cursor movement and visibility when a Mac (MacBoook, MacBook Pro, MacBook Air) with one of these Nvidia cards is using a Dual-link DVI adaptor connected to the Mini DisplayPort. This particular piece of hardware was a requirement for anyone who bought an updated Mac in October and wanted to use it with a 30" external monitor. Unfortunately, the $99 product wasn't available until the end of December.
IBM job cuts: Not as many as union estimates?
An "Employee Information Package" sent to IBM employees reportedly gives 2,850 as the approximate number of pink slips, in a round of job cuts originally confirmed by Betanews. On an IBM employee union Web site last week, IBM staff posted entries stating that layoffs were already happening in IBM software and distribution divisions in the US and Canada, and estimating the loss at 16,000 jobs.
Last Thursday, Betanews received and reported the first word from IBM that reductions in force were indeed under way. An IBM spokesperson told Betanews that some job layoff notifications had been sent, although he wouldn't comment on the number of layoffs.
Western Digital launches a 2 TB internal hard drive
Consumer storage space continues its intrepid climb today as Western Digital announced its WD Caviar Green Drive, a 3.5" SATA drive that offers a 2 TB ceiling. Caviar uses WD's 500 GB/platter technology with 400 GB per square inch areal density and 32 MB cache.
The 2 TB WD Caviar Green (WD20EADS) has a suggested retail price of $299.99 and is available immediately.
If you were President...Which non-BlackBerry would you pick?
Under the NSA's Secure Mobile Environment/Portable Electronic Device (SME PED) program, President Obama will have two candidates to choose from: the Sectera Edge and the L-3 Guardian.
Obama's BlackBerry reliance ("They'll have to pry it from my hands!") has caused a great deal of speculation recently about which device will replace his beloved smartphone. Under the NSA's SME PED (Secure Mobile Environment/Portable Electronic Device) program, two devices are being considered the likely candidates for replacement.
Analysts: Too much data could get 'lost in the wash'
Conducted by Texas-based Credant Technologies among dry cleaning establishments, a study determined that 9,000 USB sticks got forgotten in customers' pockets last year in the UK alone. One dry cleaner in London said he comes across an average of one USB stick every two weeks, whereas another estimated he's encountered 80 of them within the past year.
Other items mistakenly dropped off at the laundry inside people's pockets included money, keys, credit cards, a gold Rolex watch, and an envelope filled with diamonds.
Popular music site reMuxed
Muxtape, the music-playlist site that launched to general acclaim in March 2008 only to run afoul of the RIAA by September, has relaunched as "a minimalist platform for bands to promote their music and listeners to create mixes." Twelve bands have contributed tracks to kick things off.
The old Muxtape allowed anyone to upload a playlist of MP3s, sequenced and titled in the fashion of a mixtape. The site was not searchable by artist and didn't allow for downloading. It was nonetheless an Internet and social-networking sensation, with nearly 98,000 signups in just its first month, and its mid-August shutdown prompted blog posts and articles about "the gaping void in your soul where Muxtape used to be" and such.
Apple secures a patent for a multitouch methodology
The US Patent Office has granted "Jobs, et al" a patent for multitouch techniques. The patent is entitled "Touch screen device, method, and graphical user interface for determining commands by applying heuristics."
Heuristics is a commonly used term in computer science, and here refers to a set of loosely-defined parameters that can be applied to numerous situations, and the important thing to note here is that it's not the commands themselves being patented, rather the device and its associated GUI and methods for recognizing those commands.
Capitalizing on stay-at-homers, Netflix posts a 45% profit jump
"It's very clear that streaming is energizing our growth," said Netflix Chief Executive Reed Hastings, in announcing a 45% leap in quarterly profits for the online video rental service despite a declining overall economy.
With consumers relying more on home entertainment during the financial crunch, Netflix is taking obvious advantage of the trend, closing the fourth quarter with 9.39 million subscribers, up 26 percent from the same quarter the year before.
To CTO or not to CTO?
Yesterday, Angela talked about one of the new Obama administration's few unresolved appointments: the new "Chief Technology Officer," and even made a nomination of her own (not a bad pick).
I know a lot of folks are looking forward to having someone who personally represents the nation's technology policy the way, say, Hillary Clinton will represent the nation's foreign policy, or Joe Biden will represent the nation's...foreign policy. But given the sorry state of technology in just the White House itself, as reported last week by the Washington Post's Ann Kornblut, I'm not entirely certain that's top priority right now. What Mr. Obama needs in a CTO today, in my opinion, is someone who can give the Executive Branch the bandwidth it needs to conduct its business in the transparent and auditable way that he promised during his campaign.
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