Domain: bloomberg.com
Stories and comments across the archive that link to bloomberg.com.
Stories · 1,477
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Yahoo Buys Overture for $1.63 Billion
securitas writes "Today Yahoo announced it plans to buy search technology company Overture for $1.63 Billion. The move is seen as a way to compete with rivals like Google and MSN, especally in the paid search and advertising category. This takeover occurs following this article about Google and Overture's race to secure partners for its paid search advertising. Other reoprts at CNN Money, ZDNet/CNet, AP via the Washington Post, Reuters, Bloomberg and Dow Jones via Yahoo. Press release at Overture and Yahoo." -
Microsoft Cuts Xbox Prices In Asia
Thanks to an anonymous reader for pointing to a Bloomberg story discussing Microsoft's price drop to $179 for the Xbox console in Asia, excluding Japan (which is still retailing the console for 24,800 yen, or just over $200.) According to the article, "Redmond, Washington-based Microsoft is lowering the price of the Xbox to make it more competitive against Sony's PlayStation 2 and Nintendo Co.'s GameCube in Asia where it has struggled with low demand and software piracy." Some software is also being reduced in price, and the piece also quotes a Japanese analyst as suggesting: "The move may be aimed at getting ahead of PlayStation 2 before the game machine becomes fully popular in the region.. the Asian video-game market is still at an early stage and even PlayStation 2 sales are not that big yet." -
Delays and Problems for India's New CDMA Network
securitas writes "The NY Times and Bloomberg are reporting that Qualcomm is touting an expected 6 million Indian subscribers using CDMA by year end. But the facts seem to fly in the face of that with Reliance experiencing technical problems and delays with the launch of India's first CDMA network, covered on Slashdot late last year. Part of the problem is that the GSM operators won't allow Reliance's traffic on their networks, not to mention a court challenge and no approval by regulators. Is this just a hopeful diversion from the loss of the Iraq contract, where MCI chose GSM? How does a country where the per capita annual income is $390-$420 (depending on whose number you use) expect people other than the elite to afford mobile phone service, even if the handsets and service charges are heavily subsidized? Forbes discussed the problem of affordable mobile phone service in Africa where incomes are similar. Is this another wireless/fibre optic bubble akin to the one we saw a few years ago?" -
Delays and Problems for India's New CDMA Network
securitas writes "The NY Times and Bloomberg are reporting that Qualcomm is touting an expected 6 million Indian subscribers using CDMA by year end. But the facts seem to fly in the face of that with Reliance experiencing technical problems and delays with the launch of India's first CDMA network, covered on Slashdot late last year. Part of the problem is that the GSM operators won't allow Reliance's traffic on their networks, not to mention a court challenge and no approval by regulators. Is this just a hopeful diversion from the loss of the Iraq contract, where MCI chose GSM? How does a country where the per capita annual income is $390-$420 (depending on whose number you use) expect people other than the elite to afford mobile phone service, even if the handsets and service charges are heavily subsidized? Forbes discussed the problem of affordable mobile phone service in Africa where incomes are similar. Is this another wireless/fibre optic bubble akin to the one we saw a few years ago?" -
Nintendo Profits Drop As Gamecube Loses Ground
Thanks to several readers for pointing to a Bloomberg Japan report reporting a likely fall in Nintendo's profits, as they lose market share to the Xbox and sell less Gamecubes compared to this time last year. They're still on course for a profit of hundreds of millions of dollars, mind you, but the article does say that "some investors criticized Nintendo for failing to announce any significant plans to boost its game business.. at last week's Electronic Entertainment Expo." Investors also seems worried about increased competition for the Gameboy Advance, in the form of Sony's PSP handheld. -
Sega Cancels Merger With Sammy
After many complicated and confusing rumors, Bloomberg Japan seems to have confirmed that Sega Corp has abandoned plans to merge with Sammy. Apparently, Sega couldn't agree financial terms with Sammy, who specialize in pachinko machines, and also have some home and arcade-based videogame development. The front-runner for a Sega merger/sale is now Namco, but Microsoft and Electronic Arts have also been mentioned as possible suitors. The saga continues.. -
Available To The Right Buyer: Sun Microsystems
antediluvian writes "The Seattle Times reports Sun Microsystems shares surged forward on speculation the computer maker may be bought by a rival company. Prospective buyers could include Dell, IBM or Hewlett-Packard. Computer sales of rival companies have been outpacing sales of Sun's machines. Over the past three years Sun's stock has declined 92 percent." -
EA, Eidos Have No Plans for Xbox Live
News for nerds writes "Eidos, maker of Tomb Raider, said it doesn't plan to make games for Xbox Live because Microsoft controls the system and manages subscriptions itself, leaving no incentive for a publisher to collaborate. Sony's approach is to sell just the equipment needed to connect to other's services, such as those run by game makers. Electronics Arts, which makes titles such as 2002 FIFA World Cup and NHL 2003 for the Xbox console, is also reluctant to join Microsoft's system, while supporting GameCube." -
EA, Eidos Have No Plans for Xbox Live
News for nerds writes "Eidos, maker of Tomb Raider, said it doesn't plan to make games for Xbox Live because Microsoft controls the system and manages subscriptions itself, leaving no incentive for a publisher to collaborate. Sony's approach is to sell just the equipment needed to connect to other's services, such as those run by game makers. Electronics Arts, which makes titles such as 2002 FIFA World Cup and NHL 2003 for the Xbox console, is also reluctant to join Microsoft's system, while supporting GameCube." -
Rumours of Playstation 3 in 2003
aosgood writes "PS3 in 2003? Bloomberg's got a story from some manufactures stating that they are to begin trial runs next month. All I can say is WOW. "Cell" is ready?" I've got my doubts on the veracity of this information - unidentified sources and all. But it does indicate that even if it's not this year, Sony may be rolling the 3 out sooner then previously thought.Update: 03/10 14:50 GMT by H : Yep Sony has begun denying it. -
Rumours of Playstation 3 in 2003
aosgood writes "PS3 in 2003? Bloomberg's got a story from some manufactures stating that they are to begin trial runs next month. All I can say is WOW. "Cell" is ready?" I've got my doubts on the veracity of this information - unidentified sources and all. But it does indicate that even if it's not this year, Sony may be rolling the 3 out sooner then previously thought.Update: 03/10 14:50 GMT by H : Yep Sony has begun denying it. -
SCO Sues IBM for Sharing Secrets with Unix and Linux
bstadil writes "The information is still sparse but the expected lawsuits from SCO over Unix/Linux patent infringements has been filed." SCO is asking for a billion dollars. News.com and Forbes are also covering the story. -
Missing Hard Drive Spurs Data-Theft Fears In Canada
DevNull writes "A government of Saskatchewan (Canada) hard drive has gone missing, and it contains significant personal data - in fact, the government won't even detail what all is contained in it. Read about it from the CBC. So much for people who think the internet is the cause of all their security fears! Identity theft is the major concern at the moment." B5_geek links to this report on Bloomberg.com which says that "'[t]he information includes names, addresses, beneficiaries, social insurance numbers, pension values, pre-authorized checking information and mothers' maiden names," according to Co-operators Chief Executive Kathy Bardswick -
Advergames
Anne_Nonymous writes "Here's an interesting story on the use of video games as advertising. They claim 'advergames could be a $1 billion industry by 2005'." -
Microsoft Opens Code Just Slightly More
ctar writes "This story on Bloomberg.com details Microsoft's new program to open the source to parts of Windows in order to compete with Linux, especially in the government sector. Microsoft's spokesman is making these announcements directly: They say governments involved will be invited to Redmond to meet w/ security engineers, and view testing procedures. Countries will also be able to incorporate their own encryption schemes 'based on Microsoft's software'." -
Searching for Lethal Influenza Strains
1gor writes "Scientists want to exhume the body of the victim of the world's most lethal influenza pandemic between 1918 and 1919 to examine the structure of the virus, reports Bloomberg.com. In an airtight coffin they expect to find well-preserved virus known for its unique ability to kill healthy young people. The strain's attack and mortality rates were highest among people aged between 20 years and 50 years. Are you scared already?" -
Ballmer Sees Free Software as Enemy No. 1
geekinexile writes "Bloomberg is running this Microsoft vs. Linux article as a top story on the Bloomberg system. Not so notable for what it says about Linux, but rather for the fact that the financial community is starting to actually get open source." -
Ballmer Sees Free Software as Enemy No. 1
geekinexile writes "Bloomberg is running this Microsoft vs. Linux article as a top story on the Bloomberg system. Not so notable for what it says about Linux, but rather for the fact that the financial community is starting to actually get open source." -
BT Loses Case Over Hyperlink Patent
Tarkie sent in this Bloomberg blurb noting that British Telecom has lost their patent suit against Prodigy over an old patent that BT hoped would cover the use of hyperlinks on the modern WWW. See our original story or check out the court's decision. -
MySQL A Threat To The Big Database Vendors?
geekinexile writes: "Bloomberg is running a story on the growth of MySQL as an alternative to the big commercial database systems." The story mentions PostgreSQL as well, and presents a generally positive view of both. -
Apple Sues Sorenson Over QuickTime Codec
ScooterComputer writes "According to Bloomberg and a bunch of others, Apple is suing Sorenson over their licensing a codec to Macromedia for Flash MX, for 'developing, marketing, or licensing any version of the compression software used in QuickTime to competitors.' For years we have seen finger pointing going on between Apple and Sorenson as to WHY the Sorenson codec can't make it to the Linux platform... and things usually end with Apple saying it is Sorenson's fault. Well, I'd say Apple lied. So, can we all just start putting big pressure on Apple again to release QuickTime for Linux?" (Reminder to Apple users to visit Slashdot's Apple section for more Apple-related news.) -
HP/Compaq Merger Apparently Approved
Spinality writes "Looks like HP's hotly contested merger with Compaq is going ahead. Various news headlines such as this one at Bloomberg.com report that stockholders voted to merge, against the wishes of the Hewlett and Packard families. " There isn't official word yet, but this looks like it's pretty much a done deal. Anyone else think the business world looks like a game of Pac Man? -
DoCoMo, Sony To Create Mobile Phone Game System
A developer writes: "Sony and DoCoMo announced they will jointly develop on-line games worldwide. Sony, Motorola and JVC have greatly invested in a new Sun Authorized Java Virtual Machine which is also being used in the new Amiga computer. Founder of the UK based Tao Group and ex-Amiga developer Mr. Charig just returned from Japan for the launch of DoCoMo`s new Java technology based i appli service. Interestingly Tao demonstrated its technology running on the Dreamcast a year ago as well and recently it was announced that Sega is going to make games for new set-top boxes and mobile phones. BTW every C, C++, Java or Vitual Assembler written Amiga/Tao application can be executed code identical on top of other operation systems as well including Linux. :)" edhak also points to this BBC article on the possibility of worldwide handheld wirelessly distributed games, and gloats "Wipeout on a mobile!" -
Tech Stocks Rollercoaster - How Was Your Ride?
Jack.Gavigan asks: "Today, the BBC is reporting that the NASDAQ index, widely regarded as a key indicator of the health of tech stocks, has dropped below 3,000 points. If you compare the NASDAQ's performance over the past five years with the Dow Jones' Industrial Average and the Standard & Poors' 500 Index, it becomes apparent that, whilst the NASDAQ began outperforming the other indices at the beginning of 1999, its meteoric rise into the financial stratosphere really took off toward the end of last year, peaking in March. Today, it's close to the level it was a year ago and, although it would have to drop another 1,000 points to bring it back in line with the DJInd.Avg. and the S&P500, I think that we may be able to conclude that the Internet/Tech Stocks bubble has finally deflated. How has the rise and fall of Internet and tech stocks affected your lives and careers? If so, was it for better or for worse?""Those graphs directly reflect my own experiences over the last 12 months. A year ago, I became CTO of a dot-com startup with seed funding and started a roller-coaster ride that peaked in February and March, when we were talking to VCs about how many millions they would invest. But April saw investor interest in dot-coms evaporate, and we shut down the company in July, returning the remaining seed funding to the original investors, rather than burn their money waiting for first-round investment from VCs who had recoiled from their former darlings - the dot-com entrepreneurs.
Despite failing to become a dot-com millionaire, I'm not hugely disappointed. Being part of the management team of a start-up is a truly unique experience and I would do it all over again for that reason alone. It sure beats being a wage slave. Fortunately, having been CTO of a dot-com has also had a positive effect on my career and, at the end of the roller-coaster ride, I can say that I have no regrets.
What sort of experiences did other Slashdot readers have over the past year? I know that there are probably one or two paper millionaires reading this right now, and I'm sure that their stories are very interesting, but what about the rest of you?"
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IBM Runs 41,000 Copies of Linux on Mainframe
An anonymous reader wrote in to send us a story from Bloomberg about IBM making mainframes act like hundreds of servers. The best part is the bit at the end where they mention testing it by running 41,000 copies of Linux. " -
3Com & Psion to Join Forces for Wireless Internet
A reader wrote to us with the news that Psion and 3Com have agreed to join forces against WinCE. Software will be portable to either platform - Psion's or PalmOS and they will continue to work more closely together. Psion has support already from the biggest cell phone people - Nokia included, a great starting position. -
New Flash Memory Chip for MP3 players
The Conkman writes "In a press release released today, Japan-based companies Toshiba and Matsushita announced their partnership with California-based Sandisk in the manufacturing of a new flash memory chip for portable mp3 players. The release states that the flash memory chip ( approx. the size of a postage stamp ) is anticipated to have an initial size of 32MB to 64MB and a data throughput of 2Mbs per second working towards a goal of a 256MB chip with a data throughput of 10Mbs per second. The mass production of the chip ( and the player I assume ) is scheduled to begin in the second quarter of next year. "