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Google sales, earnings beat forecasts

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Google, the leader of web search advertising, has posted strong Q4 2008 earnings today, beating forecasts made by Wall Street analysts, even though of the weak economy in the United States and the global slowdown in other countries. Excluding any one-time items, Google has said that it earned $5.10 a share in Q4 2008, even though analysts expect it to make a profit of $4.95 a share. Indicating that the […]

Steve Ballmer’s e-mail to Microsoft employees about layoffs

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Microsoft recently announced that it will axe 5,00 jobs at the company, with 1,400 of those announced jobs cuts being axed today. Steve Ballmer sent this letter out to the employees at Microsoft detailing the layoffs, and the company’s performance. In response to the realities of a deteriorating economy, we’re taking important steps to realign Microsoft’s business. I want to tell you about what we’re doing and why. Today we […]

Microsoft posts disappointing results, axe 5,000 jobs

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Microsoft has announced that it will axe 5,000 jobs, or 5 percent of its workforce, after posting revenue of $16.63 billion, or $0.47 per share. It also announced that it will cease giving forecasts for its earnings for the rest of the year due to the current economic climate. People in research & development, marketing, sales, finance, legal, human resources and IT will be axed; though it is not known […]

Nokia profits fell 69 percent, predicts industry to fall 10 percent in 2009

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Nokia, the number one mobile handset maker, has said that its operating profits fell 69 percent during Q4 of 2008, according to the Associated Press, and has painted a bleak picture for the mobile devices industry by saying that it expects it to fall. Nokia reported that in its earnings report that its net sales were 26 euro cents (or 33 US cents) per share during Q4 2008, with sales […]

Apple’s earnings soar past expectations

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Apple has said that its first-quarter earnings for this financial year were significantly higher than what analysts have said after a disappointing holiday season for many tech companies because of the economy, recording $10.2 billion in revenue, up from its last year’s result of $9.6 billion. For shareholders, this equals $1.78 per share in earnings, higher than the analysts predicted price of $1.39. This has been the first time, as […]

IMTV saga continues – EFTel left in the dark

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The drama of IMTV has become an intriguing story; involving three ISPs – Internode, EFTel/aaNet and themselves; but when one says that they are lying, another coming out saying that it was the first time that they heard of it and Whirlpool users reactions of it becoming negative – we all know that means bad news for the company. EFTel, which was named to have made a “special arrangement” with […]

SEC reviews Apple response over Jobs’ health

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Bloomberg is reporting that, according to a source “familiar” with the matter, that the US Securities and Exchange Commission is examining if Apple shareholders were misled from Apple’s response over its CEO’s, Steve Jobs, health; which has been a public matter since Jobs admitted that he had a “hormonal imbalance”. The source, who wasn’t named since this wasn’t made to the public yet, also said that while Apple is being […]

Image : 2009 Inauguration Picture

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This is the image from the inauguration from the GeoEye-1 satellite, which Google has exclusive access to it, and it shows the mass number of people seeing the inauguration from Capitol Hill to the Washington Monument. It looks magnificent. Image Credit : GeoEye

Inauguration causes record highs on the internet

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The Inauguration of President Barack Obama has become the busiest day of the internet since ever, as many people were trying to access the Inauguration content live from not only television, but live internet coverage from video to Twitter and live blogs. Akamai Technology has said that 7.7 million people watched the video streams hosted on their servers, a record for the company as nearly 2 million watch video streams […]

Full Text : Obama’s Inaugural Address

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Barack Obama, being inaugurated at the official time of 12:05PM, Washington DC time, made his Inaugural Address right after placing his hand on the Bible that was used by Lincoln. The full text of Barack Obama’s Inaugural Address is below. Source: PIC2009 Committee My fellow citizens: I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our […]

Change has come to the White House – and to its website

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Change has come to the United States and to the free world when Barack Obama said the Presidential Oath of Office and became the 44th President of the United States at 4:06AM AEDT. Cheering, celebrations and excitement filled the air – but another change came, mainly the website. Officially, Barack Obama and his new administration takes office at 12PM Washington Time, but because of the inauguration was over by a […]

IMTV forced to shut down because of Internode legal dispute – Internode says it didn’t sue

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IMTV has said that it was forced to cease trading and has been sued by “another ISP” for the colour orange and the word “Extreme” – and the only ISP that uses orange and the word “Extreme” is Internode. It also said that a special arrangement has been set up with EFTel that would see all of its customers transferred to EFTel’s network. Michael Jaffar, the chief executive for IMTV […]

China arrests 28 people over porn crackdown

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Chinese Police have said that they have arrested 28 people on its expanding crackdown on internet pornography and other content that has been deemed as “vulgar”; with authorities vowing that there would be no “flash in the pan” during the crackdown. It has resulted in 46,000 pornographic and “vulgar” materials being removed, and 29 criminal cases; according to state-run news agency Xinhua. Xinhua is also reporting that it had blocked […]

Telstra CEO tells Obama on how to fix up US communications infrastructure

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Sol Trujillo, the guy who took over Telstra and made it into a love/hate relationship between it and the consumer, has written a piece in BusinessWeek that basically outlined a potential plan that Barack Obama’s stimulus package should be used in upgrading the United States’ communications infrastructure. While there is nothing wrong expressing one’s opinion, just don’t do it when you run an telecommunications company in Australia. Why? Well, the […]