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Apple Watch Sales Sink

After a glorious first week of sales following its introduction in April, sales have slid rapidly for the Apple Watch, according to Slice Intelligence. Sales have plummeted to fewer than 20,000 units a day, down from an average of 200,000 a day during its launch week, reported Slice, which measures ...

OPINION

The Pitfalls of Predicting the Future

A popular parlor game in the technology industry is predicting new market opportunities and forecasting how quickly they're going to flourish. Despite all the investments that have been made in trying to turn this pastime into a science, it is amazing how often the market research firms still get it...

Google Music Service Could Take Wind Out of Chinese Pirates’ Sails

Google has launched a new music search service in China in conjunction with Top100.cn, one of mainland China's top Internet music sites. The new Google Music Search provides users with links to free, legal music downloads. Google, Top100.cn and several major American record labels will share revenue...

WEEKLY RECAP

Merger Madness: Love Is in the Air

Cisco isn't content to just sell products for the deepest, darkest innards of the data center. It's also got its eye on consumer technology. It already has Linksys, which sells stuff like home network routers, and Scientific Atlanta, which does set-top boxes. Soon it will add Pure Digital Technologi...

Cisco Wraps Arms Around Enterprise Computing

Networking giant Cisco Systems unveiled a slew of new products and services Monday that promise to simplify, consolidate and lower the cost of running vast computer networks at large businesses. The new products and services fall under an initiative Cisco calls the "Unified Computing System," which ...

UK Royalty Standoff Clogs YouTube’s Music Video Pipes

Online video site YouTube has stopped streaming music videos to users in the United Kingdom due to a dispute over royalties with PRS for Music, the UK entity that collects royalties for music artists. The two sides have been locked in a battle over royalties for months, and YouTube, which is owned b...

Palm Scratches for Cash With Stock Resale

Smartphone maker Palm said Monday that it will remarket shares held by private equity firm Elevation Partners in an attempt to raise more capital as it readies itself for the rollout of its much-anticipated touchscreen phone, the Pre. Palm will sell about 18.5 million common shares -- or about half ...

Dish Network, EchoStar Slide on Mixed Q4 Reports

Satellite television provider Dish Network and its former parent, EchoStar, reported Q4 financial results on Monday. Dish Network reported revenue of $2.92 billion for the quarter ended Dec. 31, 2008, a 1 percent increase over the same period in 2007. Net income totaled $217 million, compared with $...

Yahoo Enlivens Search Results With Multimedia Ads

Beleaguered Internet search portal Yahoo has launched a new type of online ad that incorporates traditional search results with images and video. Here's an example: Go to Yahoo, type in the keyword "pedigree," and a sponsored search result for Pedigree dog food will come up accompanied by a video ad...

Sprint Shares Climb on Signs of Returning Vigor

Sprint Nextel's stock jumped 27.3 percent to $3.46 per share in mid-day trading Thursday after the struggling telecom delivered a lower-than-expected churn rate. The company lost 1.3 million wireless subscribers during the quarter, but that wasn't as bad as some Wall Street analysts had expected. Sp...

Microsoft Embarks on Retail Adventure

Just a month after saying it had no intention of opening a chain of retail stores, Microsoft has announced plans to do just that. The software giant announced Thursday that it has hired Wal-Mart veteran David Porter to lead the retail effort. Porter will report directly to Kevin Turner, Microsoft's ...

Sun Brews New Java Platform to Go

Apple's iPhone App Store can seem just as crowded as the real-world Apple Stores can get during the holiday shopping season at your nearest mall. Developers are racing to provide applications that bring more multimedia and data to your phone of choice, and it's that kind of growth that is prompting ...

Google Sours on AOL Investment

Search engine powerhouse Google has decided to sell its decaying 5 percent equity stake in struggling Internet portal AOL just two years after investing $1 billion in the company. AOL parent Time Warner disclosed Google's decision on Wednesday -- the same day Time Warner announced fourth-quarter fin...

LG to Show Off Netflix-Ready High-Def TVs at CES

Netflix is coming to a high-definition LG Electronics television near you. The two companies on Monday announced an extension of an existing partnership whereby LG will sell Internet-ready TVs capable of streaming content from a catalog of 12,000 Netflix movies. The service is already available on o...

Elevation Gives Palm a Leg Up

Struggling smartphone maker Palm just got a $100 million shot in the arm from private equity group Elevation Partners. In an investment agreement announced Monday, Elevation acquired new issues of preferred stock in Palm for $3.25 per share, a 31 percent premium over the closing price of Palm's stoc...

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