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Updated: 3 hours 3 min ago

WSJ Report: Verizon likely to launch 4G wireless handsets by mid-2011

Fri, 03/12/2010 - 09:37

According to a Thursday article in The Wall Street Journal (WSJ), Verizon Wireless' chief technology officer Anthony Melone has informed that the carrier would likely make its 4G wireless handsets available by mid-2011.

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Apple to accept US pre-orders for Wi-Fi-only iPad from March 12, 8:30 a.m. Eastern

Fri, 03/12/2010 - 09:34

According to a Thursday report by The Loop's Jim Dalrymple, the highly-awaited Apple iPad tablet computer will become available for pre-orders from Friday, March 12; with the company website to begin accepting the pre-orders from 8:30 a. m. Eastern.

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FCC launches broadband test service for comparing actual and advertised speeds

Fri, 03/12/2010 - 09:29

With the objective of enabling broadband users to compare their actual speeds with those advertised by their providers, the US Federal Communications Commission (FCC) Thursday launched a broadband test service that would essentially help consumers to clock the speed of their Internet.

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SEC’s Patrick Seybold: Sony expects 2010 to be “one of the best years ever for PS3”

Fri, 03/12/2010 - 09:20

According to the most recent statistics released by the market research firm NPD, the February sales of the Sony PlayStation 3 increased 30 percent year-on-year - marking the second consecutive 30 percent growth for the console.

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Reserve Banks Accuses Major Australian Banks

Thu, 03/11/2010 - 20:59

The Reserve Bank is revealed to have blamed Australia's major banks, accusing it of make profits on interest rates, saying the recent series of ''super-sized'' rate rises had outpaced rises in the banks' funding costs.

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Lamborghini 570-4 Superleggera Tops the Gallardo Line-up

Thu, 03/11/2010 - 20:50

The lightweight automobile has just fetched the top of the Gallardo line-up, launching in Australian market in July at a cool $525,000.

The new car, known as the LP 570-4 Superleggera, promises more with less fuel consumption, outlining a new standard for Gallardo performance.

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Netspace Confirms its Discussions with iiNet

Thu, 03/11/2010 - 20:38

Melbourne-based ISP, Netspace, reveals that it was not actively seeking an acquisition offer, however, has announced its confirmed negotiations with iiNet.

Media speculation was widespread that a $75 million acquisition was on the cards. iiNet called a trading halt , posting a statement confirming it was in talks with Netspace, along with several others.

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Telstra Fetches a Break in its Battle for its Future

Thu, 03/11/2010 - 20:30

The balance of power between the Rudd government and Telstra in the bid to force the Telco's structural separation has delayed over the past couple of days, with the a clear possibility the government's bill to force this commercially devastating outcome will be defeated.

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Capcom announces availability of Super Street Fighter IV for the iPhone

Thu, 03/11/2010 - 14:10

At a recent Street Fighter Fight Club event in San Francisco, Capcom announced that iPhone users can, with immediate effect, purchase the Street Fighter IV for $10, and hook themselves up to arcade-style battle on the go!

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Shanks stocks fall 15 per cent after Carlyle talks end

Wed, 03/10/2010 - 17:59

The shares of the British waste management company, Shanks fell more than 15 per cent after the group announced that it ended talks with a private equity investor, Carlyle for a possible sale of business.

The board of Shanks had valued the firm at 150 pence per share however Carlyle indicated that it can offer only 120 pence per share under a revised offer by way of cash payments for the group. The offer is even lower than the

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Eurotunnel to introduce high-speed freight trains

Wed, 03/10/2010 - 17:43

The operators of Eurotunnel, Groupe Eurotunnel has said that it plans to introduce high-speed freight trains through the tunnel which connects the UK to the continental Europe.

The company is launching many initiatives to boost passenger and freight traffics. Eurotunnel is partnering with consortium developing high-speed rail freight called Carex for the initiative.

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Microsoft researcher Charles Thacker receives this year’s Turing Award

Wed, 03/10/2010 - 13:17

The Association of Computing Machinery (ACM) has awarded the highly coveted $250,000 Turing Award, which is considered the technology industry’s Nobel Prize, to the 67-year-old Microsoft researcher Charles P. Thacker this year.

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FileMaker Pro 11 adds new features to a popular database

Wed, 03/10/2010 - 13:06

With the aim of making its popular database product faster and exceedingly productive for users, the Apple-owned FileMaker Tuesday unveiled a new version of the database – FileMaker Pro 11.

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Kraft's Cadbury Factory Closure Under Investigation

Tue, 03/09/2010 - 00:14

The City takeover panel has reported that US firm Kraft is under investigation process by UK regulators into whether it misled Cadbury employees and investors during the battle to take over the confectioner.

The Wall Street Journal posted that Kraft had thought that it could save the Somerdale plant, which Cadbury had planned to close down.

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Arrow Energy Receives $3 billion Takeover Bid

Tue, 03/09/2010 - 00:08

Arrow Energy Ltd. on Monday revealed that a company jointly owned by Royal Dutch Shell and PetroChina has sent it a takeover bid worth $3.3 billion Australian dollars ($3 billion).

Shell Energy Holdings Australia Ltd. extended a formal confirmation that it was considering to take over the Australian firm.

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UK's Prudential Now Looking to Shore up on Major Cash Call

Mon, 03/08/2010 - 21:23

UK Based insurer Prudential undertook some steps to underpin its record-breaking right issue by putting forward plans for a listing in the Asian market, while launching a round of talks specifically aimed at winning over the investors in Britain who seem to be skeptical of the firms and its plans.

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Motorola Backflip now available from AT&T at $99 after rebate

Mon, 03/08/2010 - 13:49

The amazing backward-folding new Motorola smartphone - the Backflip - has hit the market, and is currently available for $99 on the AT&T website, after rebate and the carrier's two-year contact.

The key features of the Android 1.5-based Backflip, which marks AT&T's foray into the Android phones' arena, include a 3.1-inch HVGA touchscreen display; a FULL HTML browser; a 5-megapixel camera with video; Bluetooth

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Patent-infringement lawsuits on the increase in smartphone arena

Mon, 03/08/2010 - 13:46

The intensifying competition in the mobile phones arena has resulted in an ever-increasing number of patent lawsuits being filed by rivals - with the most recent one being Apple's lawsuit against the Taiwanese smartphone manufacturer HTC.

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Scribblenauts 2 to be released for Nintendo DS this fall

Mon, 03/08/2010 - 13:20

After about a year of releasing its `random vocabulary' game Scribblenauts, Nintendo DS's most notable breakout hits of 2009, Nintendo Power recently revealed that it is working on the game's sequel - Scribblenauts 2 - which will likely be released in fall this year.

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GM to Restore Half of the Closed Dealerships

Sun, 03/07/2010 - 10:23

Failing to convince the dealers over the closing of their dealerships, General Motors has decided to restore around 600 of the 1,100 dealerships, which it had earlier scheduled to close.

Immediately after the proclamations made by GM on its move of closing a number of its dealerships by October 2010, the dealers brought out a protest.

The shutting down would have allowed GM to save a sum of $2.5 billion, per year. GM has shared that it will be providing the instructions for the restoration to the 600 of its dealers via letters.

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