Benchmark Co. analyst downgrades Yahoo, says competitors’ share of search market climbing
Analyst downgrades Yahoo on search share concerns
SAN FRANCISCO — A Benchmark Co. analyst downgraded share of Yahoo Inc. Thursday, noting issues like better-scaled competitors grabbing a bigger share of the search market and increasing competition in display advertising.
In a note to clients, Benchmark analyst Clayton Moran cut his rating to “Hold” from “Buy,” saying Yahoo … Read the original article on Gaea Times at : Benchmark Co. analyst downgrades Yahoo, says competitors’ share of search market climbing.
Virgin Media to test providing broadband Web access to homes over utility poles
Virgin Media to test broadband over utility poles
SAN FRANCISCO — Virgin Media Inc., a British provider of TV, Internet and phone services, said Thursday that it will conduct a trial using utility poles to send high-speed broadband Internet service to homes in the U.K.
Virgin Media said the trial start delivering broadband to homes in Woolhampton, …. Source article on Gaea Times at : Virgin Media to test providing broadband Web access to homes over utility poles.
Video game sales may show decline once again in February, due in part to weak music game genre
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Ahead of the Bell: Video Game Sales
NEW YORK — U.S. video game sales could likely show a decline Thursday when the NPD Group releases its February sales figures after the market closes.
Software sales have declined for much of the past year when compared with 2008 and even early 2009, because of the economic …. Original source : Video game sales may show decline once again in February, due in part to weak music game genre.
Sony takes aim at Japanese rival Nintendo in unveiling new motion controller
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Sony unveils new motion contoller to slow Nintendo
TOKYO — Sony has a new message for Nintendo Wii gamers: Come join us.
The Japanese maker of the PlayStation 3 unveiled Thursday its highly anticipated motion controlling system, as it takes aim at Nintendo’s dominance in the gaming sector. With the “PlayStation Move,” Sony …. Read the original article : Sony takes aim at Japanese rival Nintendo in unveiling new motion controller.
Mexican telecom magnate becomes 1st person from developing world to be named ‘world’s richest’
Mexico’s Slim named ‘world’s richest’ person
MEXICO CITY — Mexican telecom tycoon Carlos Slim is the world’s richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.
The rise of Slim, the son of an immigrant shopkeeper who amassed a …. Source : Gaea News Network.
CA to buy Nimsoft Inc. for $350 million in cash, expands reach into smaller companies
CA to buy Nimsoft Inc. for $350 million in cash
ISLANDIA, N.Y. — Technology management software company CA Inc. said Wednesday that it’s buying Nimsoft Inc. for $350 million in cash.
The acquisition gives CA a cadre of smaller-company clients served by Nimsoft whose revenues typically run from $300 million to $2 billion. CA historically has focused … Read the original article on Gaea Times at : CA to buy Nimsoft Inc. for $350 million in cash, expands reach into smaller companies.
Online advertising company Eyeblaster says planning initial public offering, again
Eyeblaster plans initial public offering, again
NEW YORK — Online advertising company Eyeblaster Inc. is planning an initial public offering, according to a Securities and Exchange Commission filing on Wednesday, though it did not disclose an expected size or price range.
Two years ago to the day, the New York company, which provides online campaign management software …. Source article : Online advertising company Eyeblaster says planning initial public offering, again.
OnLive to begin streaming high-end video games to Macs, PCs in June; tiny ‘console’ to come
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OnLive game streaming service to start in June
NEW YORK — In an industry first, a new gaming service will start allowing people to “stream” popular high-end games such as “Assassin’s Creed II” over the Internet in June, using a mechanism similar to watching TV shows or listening to music online.
OnLive, unveiled a …. Read the original article : here.
Micron shares advance; analysts see solid demand, favorable pricing for chip maker
Micron shares up; analysts see solid chip demand
NEW YORK — Shares of Micron Technology climbed Wednesday after at least two analysts reiterated their upbeat outlooks for the chip maker, saying demand and pricing are working in its favor.
Raymond James analyst Hans Mosesmann posted a “Strong Buy” rating on Micron and said the company’s expectations for … Original article on : Micron shares advance; analysts see solid demand, favorable pricing for chip maker.
Google gives bicyclists a lift with new mapping feature that finds best US routes
Google adds bike lane with latest mapping feature
MOUNTAIN VIEW, Calif. — Google Inc. is adding a bike lane with its latest online mapping option.
The new bicycling directions available on Google Maps starting Wednesday supplement the guidance already provided to motorists and pedestrians. The biking directions initially will be available only for the United States.
Google spent …. Original source : Google gives bicyclists a lift with new mapping feature that finds best US routes.