Topic: Information Technology Sector
Online ad improvement seen in IAC's 4Q loss
AP News
IAC reports 4th-qtr loss on search writedown, but results show improvement in online ad marketInternet company IAC/InterActiveCorp lost $1 billion in the fourth quarter because it wrote down the value of its search business, but the results beat expectations and offered the latest indication that the online advertising market ...
Samsung aims to triple smartphone sales in 2010
Reuters US Online Report Technology News
SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd said on Thursday it aimed to triple smartphone shipments this year to more than 18 million units as the world's second-biggest cellphone maker scrambles to make a mark in the fast-growing smartphone market. Beefing up smartphone offerings is a key ...
Cisco trounces estimates, sees strong recovery
Reuters US Online Report Business News
NEW YORK (Reuters) - Cisco Systems Inc's <CSCO.O> quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery. Shares in the leading network equipment maker rose 4 percent ...
Judge: Internet provider doesn't abuse copyrights
AP News
Australian judge rules Internet provider not responsible when users illegally download moviesAn Australian judge ruled Thursday that an Internet service provider cannot be held accountable for illegal movie downloads by its customers, in a test case of a key strategy by entertainment companies to combat online piracy. The judge said ...
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