InternetNews Staff

Source: Reuters Apple on Tuesday cut the price on its entry-level notebook computer to $999 and introduced a line of aluminum-clad machines starting at $1,299 in moves catering to budget-minded buyers at a time when recession fears loom over the global economy. But shares of Apple (NASDAQ: AAPL), which have risen about 20 percent since […]

Technology bellwether Intel posted a 12 percent rise in third-quarter profit and said current quarter revenue could come in lighter than expected amid uncertain demand, but the outlook was better than feared, sending its shares higher. Intel (NASDAQ: INTC), the world’s biggest computer chipmaker, said on Tuesday it expects revenue in the fourth quarter of […]

Millions of youngsters across Europe could suffer permanent hearing loss after five years if they listen to MP3 players at too high a volume for more than five hours a week, EU scientists warned Monday. The scientists’ study, requested by the European Commission, attacked the concept of “leisure noise,” saying children and teenagers should be […]

Google (NASDAQ: GOOG) and Yahoo (NASDAQ: YHOO) are in talks with the U.S. Justice Department in an effort to head off an antitrust challenge to their proposed advertising agreement, The Wall Street Journal said, citing lawyers close to the effort. The settlement negotiations are at an early stage and it isn’t clear whether they will […]

Samsung’s X360 (Reuters) SAN FRANCISCO — Diversified electronics maker Samsung Electronics said it is re-entering the U.S. computer market with a range of branded products that build on its component supply strengths. The Korean-based company will introduce on Tuesday new ultralight notebooks designed to appeal to potential buyers of Apple’s (NASDAQ: AAPL) ground-breaking MacBook Air […]

President Bush on Monday signed into law the Prioritizing Resources and Organization for Intellectual Property Act (PRO-IP Act), which provides stiffer penalties for breaching intellectual property. Formerly known as the Enforcement of Intellectual Property Rights Act, the PRO-IP Act was introduced by Senators Patrick Leahy (D-Vt.) and Arlen Spector (R-Penn.) in the Senate in July. […]

MySpace is putting its status as the biggest social network on the planet to the test with a new advertising platform. The site is officially launching its domestic beta of “MySpace MyAds” with the tagline: The affordable, effective way to promote yourself on MySpace. The MySpace MyAds feature allows users to create customized banner ads, […]

NEW YORK — AT&T (NYSE: T) plans to sell its U-verse high-speed Internet and video service at Wal-Mart and Circuit City stores starting this month, stepping up competition against cable service providers. AT&T said on Monday that it would sell U-verse at 600 Circuit City Stores Inc and Wal-Mart Stores Inc stores in parts of […]

The U.S. Department of Justice has ended its probe into potential antitrust violations involving graphics chips makers and taken no action, Advanced Micro Devices (AMD) said on Monday. The company said the DoJ had informed AMD (NYSE: AMD) and ATI Technologies on Friday that it had closed its investigation into ATI Technologies’ pricing and marketing […]

Shares of Apple Inc. rallied more than 9 percent Friday, as investors saw a newly attractive valuation in the battered stock and anticipated new laptop computers. Apple, which also makes iPod music players and iPhone communications devices, has scheduled a Tuesday event at which it is expected to unveil a line of lower-cost notebooks. The […]

A battle between tech companies like Google and broadcasters over use of soon-to-be vacant airwaves will heat up soon as U.S. regulators release an anticipated report on the issue. The Federal Communications Commission’s report will weigh in as early as Friday on the feasibility of opening up “white spaces” — unused pockets of the spectrum […]

YouTube, the largest video-sharing Web site, has started to run full-length TV shows from CBS’s archive, in its latest step to boost advertising revenue by adding professional programming. The site, owned by Google, said on Friday it was talking to other TV networks to sign similar deals to CBS. Many TV networks already run short […]