 | Good afternoon Bit |  |  | Google's third-quarter results trounced Wall Street expectations as good cost controls helped boost the Internet search leader's profit by about 26 percent. The world's No. 1 Internet search engine said its net income in the three months ended September 30 totaled $2.73 billion, up from $2.17 billion in the year-ago period.
Analysts applauded Google's results. "Christmas came early for Google shareholders. It's all about the core business. You drive that extra revenue and expense becomes secondary. It was a great beat on the bottom line. It's not necessarily because they are controlling expenses. It's because they are driving more revenue", said Colin Gillis of BGC Partners.
RIM's co-CEOs apologized to millions of BlackBerry customers for a four-day outage that tarnished it's image and set back the drive to catch up with Apple and other smartphone rivals. The service disruption could cost RIM millions of dollars in compensation to customers who lost service. The company did not say for certain whether it would compensate customers. Public relations specialists said its response to the crisis has been slow and poorly communicated.
Spotify, the European music streaming service backed by digital entrepreneur Sean Parker, has more than 250,000 paying users in the U.S. since it opened up shop in July, according to three people familiar with its data. Digital music subscription services are hoping to pick up the slack of lost CD sales for the music business by offering large libraries of songs for an-all-you-can-eat monthly fee by streaming songs over computers, mobile devices and more recently in cars.
A court slapped a temporary ban on the sale of Samsung's latest Galaxy tablet in Australia, handing rival Apple another legal victory in the two firms' global patent war. Whilst the ruling is a blow for Samsung, the Australian market is not large. A more important legal battle starts later today, when a Californian court begins hearing Apple's bid to ban sales of Galaxy products in the United States.
Netflix's U.S. customers will be able to watch shows like "Gossip Girl" and "The Vampire Diaries" online after it signed programing deals with CBS and Warner Bros for shows from their joint venture, The CW television network. Under the pact, older-season episodes of some shows, including "One Tree Hill" and "Nikita", will available October 15 while others are set for January. | | | LATEST NEWS | | Apple's iPhone 4S goes on sale, fans say tribute to Jobs | | October 13, 2011 04:52 PM ET | | SYDNEY (Reuters) - Apple Inc's iPhone 4S finally hit stores around the globe on Friday, with fans expected to snap up the final gadget unveiled during Steve Jobs' lifetime, many buying the phone as a tribute to the former Apple boss. | Full Article | | Apple iPhone 4S features Qualcomm chip | | October 13, 2011 01:51 PM ET | | (Reuters) - Apple Inc's fifth-generation iPhone uses a wireless chipset from Qualcomm Inc as well as silicon from smaller chipmakers, according to repair and parts specialist iFixit, which cracked the device open on Thursday. | Full Article | | Foxconn to make iPads in Brazil, eyes $12 billion plan | | October 13, 2011 02:57 PM ET | | BRASILIA (Reuters) - Taiwan's Foxconn confirmed it will start producing iPads in Brazil in December but is still negotiating a multibillion-dollar expansion plan in the country, senior company and government officials said on Thursday. | Full Article | | | BUSINESS NEWS
| | JPMorgan Q3 net falls; bank eyes expenses | | October 13, 2011 02:19 PM ET | | (Reuters) - JPMorgan Chase & Co's quarterly earnings fell 25 percent, excluding an accounting gain, as European financial turmoil reduced demand for securities underwriting and acquisition advice. | Full Article | | Rajaratnam gets 11-year prison sentence | | October 13, 2011 03:31 PM ET | | NEW YORK (Reuters) - Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered to serve 11 years in prison, the longest sentence ever in an insider-trading case but far less than prosecutors sought. | Full Article | | Obama says Iran to face toughest possible sanctions | | October 13, 2011 05:02 PM ET | | WASHINGTON (Reuters) - President Barack Obama warned Iran on Thursday it would face the toughest possible sanctions for an alleged plot to kill the Saudi ambassador to Washington, as officials eyed action against its central bank. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
没有评论:
发表评论