InternetNews Staff

Visual Studio 2008 is barely a year old and already Microsoft is discussing the next generation of its flagship developer toolkit, currently titled Visual Studio 10. A lengthy blog post by a VS program manager sheds light on where the company is going with the next release, which has no release date as yet. Visual […]

Source: Reuters Mobile phone makers and operators risk losing thousands of their most profitable customers as financial havoc whacks the global banking industry. Analysts said the success of BlackBerry-maker RIM (NASDAQ: RIMM) is the most dependent on Wall Street’s future. In worst case scenario, 40,000 workers may lose their jobs in finance following Lehman’s (NYSE: […]

It’s not easy to find the most inspired executives who possess a unique mix of talent, drive, energy, leadership — on top of a steely conviction about their technology vision. Don’t get us wrong: The technology industry is filled with lots of executive talent at all ranks and is populated by some of the sharpest […]

SEOUL/SAN FRANCISCO — U.S. flash memory card maker SanDisk Corp (NASDAQ: SNDK) rejected a $5.9 billion bid by top memory chip maker Samsung Electronics, but would not rule out a deal at a better price. Buying SanDisk would give Samsung advanced technology and a tighter grip on its market dominance as smaller rival Toshiba Corp […]

Samsung Electronics Co, the world’s top maker of memory chips, on Tuesday made public a nearly $6 billion proposal to acquire SanDisk Corp after months of private negotiations failed to result in a deal. SanDisk has privately told Samsung the $26-a-share offer undervalues the company, especially since Samsung had indicated in May it would be […]

Source: Reuters Social networking sites are the hottest attraction on the Internet, dethroning pornography and highlighting a major change in how people communicate, according to a Web guru. Bill Tancer, a self-described “data geek”, has analyzed information for over 10 million web users to conclude that we are, in fact, what we click, with Internet […]

Source: Reuters Two of the biggest computer vendors, Dell and Ingram Micro, warned on Tuesday that demand was weakening, adding to worries that the crisis on Wall Street would hurt corporate and consumer spending. While neither company mentioned the financial sector specifically, they were the first major U.S. technology companies to warn investors since a […]

HP (NYSE: HPQ) plans to cut 7.5 percent of its work force, or 24,600 jobs, seeking to realize savings from its recent acquisition of EDS, the company said on Monday. The company said it would carry out the cutbacks over the next three years, while replacing about half the jobs in new areas of its […]

Source: Reuters Google has bought Korean blogging software developer Tatter and Company, the two companies said on Friday. The companies did not disclose how much Google (NASDAQ: GOOG) paid for the acquisition. Tatter co-chief executive Chang-Won Kim announced the deal on his personal blog in an entry titled “We’ve been Googled!” saying that the acquisition […]

Source: Reuters Consumer electronics retailer Best Buy said on Monday it plans to buy digital music service Napster for $121 million in cash. Best Buy (NYSE: BBY) said it will pay $2.65 per share, nearly double the amount of Friday’s closing price. Included in the deal is approximately $67 million in cash and short-term investments […]

Japan’s NEC Electronics Corp, the world’s No.12 chipmaker, said on Thursday it would team up with IBM and others on next-generation microchips in a bid to beat mounting development costs. They have said they would work through 2010 to develop and produce 32-nanometer chips. A nanometer is a billionth of a meter, or roughly the […]

SUNNYVALE, Calif. — Yahoo plans to open its online music site to feature information about songs and artists from outside services such as Apple iTunes or Amazon.com, an executive said on Thursday. “We are going to completely open up Yahoo Music in the next few weeks,” Scott Moore, the executive in charge of Yahoo’s (NASDAQ: […]