InternetNews Staff

Profits at the three largest U.S. phone carriers are being squeezed by steep discounts on advanced mobile phones, triggered by AT&T’s hefty subsidy for the iPhone. AT&T, Verizon Communications and Sprint Nextel are expected to show a drop in wireless profit margins when they report third-quarter results in coming weeks, also feeling the pinch from […]

Amazon Kindle E-Book readerSource: Amazon

A motorcyclist who posted footage of himself performing dangerous stunts and speeding at up to 130 mph on the internet site YouTube was given a 12-week jail term on Monday. Sandor Ferenci, 28, performed wheelies, skids and raced on the opposite side of the road around Banbury, Oxfordshire, in June this year and then put […]

Despite turmoil in global markets, two-thirds of senior technology industry executives polled in a new survey say the economic slowdown will not hurt them as badly as the bursting of the tech bubble in 2000. However, more than three-quarters of respondents say their business has been impacted by the financial crisis, according to the study, […]

Investors are waiting to see just how much the global economic slowdown has hurt Apple when it reports quarterly results on Tuesday, as the company works to prove that it can sell high-end products even in lean times. Apple’s (NASDAQ: AAPL) once high-flying share price has fallen around 50 percent since the start of the […]

Source: Reuters In California, cradle of the computer industry, most voters will use paper and ink to cast ballots in the U.S. election on Nov. 4. In contrast, voters in Brazil and India press buttons in all-electronic elections that take digital voting technology to the Amazon and Himalayas. In the United States in 2000, a ballot […]

Facebook CEO Mark Zuckerberg Source: Reuters Social networking site Facebook’s founder and CEO, Mark Zuckerberg, plans to enter the digital-music business in the wake of the launch of News Corp.’s MySpace Music last month, the New York Post said. Zuckerberg is talking to a number of song-streaming services and music community sites, including Rhapsody.com, iMeem.com, iLike.com […]

Nokia’s third-quarter sales and profits fell from a year ago, hit by weaker mobile phone demand in its European markets, but the world’s top handset maker soothed growing fears about the fourth quarter. Handset makers have started to feel the pinch from slowing economies, but so far booming demand from emerging markets has outweighed weakness […]

IBM, the world’s biggest technology services company, posted a higher quarterly profit on Thursday as an increase in services and software revenue offset a decline in computer hardware sales. The results confirmed preliminary figures released last week, when IBM (NYSE: IBM) posted a higher-than-expected third-quarter profit and reaffirmed its full-year outlook despite weaker quarterly revenue […]

Advanced Micro Devices’s quarterly results bettered Wall Street targets on Thursday, and its shares rose 33 cents in after hours trading as the smaller rival to Intel prepared to become two companies. Net loss for the third quarter ending Sept. 27 was $67 million, or 11 cents per diluted share, compared with a loss of […]

Microsoft CEO Steve Ballmer said a Web search advertising deal with Yahoo makes economic sense and may still be possible, though the two sides are not in any discussions. Shares of Yahoo (NASDAQ: YHOO) jumped 12 percent on the news, as investors hoped Ballmer’s comments could lead to the two sides returning to the negotiating […]

Canada’s 70-year-old law to control the release of voting results on election night has again stumbled in the age of the Internet. Within minutes of polls closing on Canada’s Atlantic Coast on Tuesday, bloggers were making the results known in parts of the country were voting was still going on. “I believe the polls have […]