Cloud computing isn't going to dominate the tech landscape but will raise a ruckus for software vendors. Google and Amazon will be cloud-computing winners, but the spoils will be relatively small. And there's a race to deliver a cloud developer stack for both consumers and enterprise customers.
Those are some of the key takeaways from a Bernstein Report dubbed The Long View: Netbooks, Wireless and Cloud Computing--Client Software's Imperfect Storm.
But as easy as it was to scoop up nearly 7 million additional shares, Icahn noted in his SEC filing there is nothing in his post proxy-fight settlement with the company that prevents him from dumping his position or hedging his bets.
The Reporting Persons acquired the Shares referenced in Item 5(c) below from November 24, 2008 through November 26, 2008, because they believed that the shares were undervalued. … Read more
Editor's note: CNET News does not endorse Stephen Colbert and has no formal opinion on whether Kanye West needs to be humbled.
Comedian Stephen Colbert has an army and I'm in it. Together, we got a bridge in Hungary named after him (though to be honest, I didn't actually vote; I helped my team in spirit from the comfort of my couch). Colbert had an eagle named after him. He's helped countless candidates for office with his undeniable "Colbert Bump." He even got Apple to send him an iPhone simply by holding out his … Read more
Online advertising is expected to take a steeper hit than previously expected, but some sectors within the industry may feel the pain less than others, according to two separate reports released Monday.
Online advertising worldwide is now expected to grow at a slower rate of 25 percent this year compared with earlier projections of 28 percent, according to a research note by JPMorgan analyst Imran Khan. The situation for next year is also expected to deteriorate further than previously expected, with 13 percent growth compared with an earlier forecast of 19 percent growth.
Said Khan in his research note:
Overall … Read more
The Securities and Exchange Commission is looking for the person who falsely reported that Apple CEO Steve Jobs had suffered a heart attack on Friday.
Jennifer Martin, a CNN spokeswoman told CNET News that SEC investigators contacted the cable-news broadcaster seeking information on the person who posted the phony story to iReport.com. The CNN-owned site is dedicated to hosting news submitted by members of the public.
The Jobs heart attack story was categorically denied by Apple but not before the company's stock was already in a steep dive. Shares of Apple fell more than 9 percent before rebounding. … Read more
Whether it's the BlackBerry, the Internet, CNET TV, or hilarious jokes about the Large Hadron Collider, it's a good bet that someone either on or in today's show invented it. Probably Molly. Also in the news today, Nintendo is super rich, the first Android phone is getting a Steve-note (sans Steve) on September 23, and some celebrity Internet gossip.
Listen now: Download today's podcastEPISODE 811
I am a comic genius! Daily Show thinks so, too! http://themolly.com/blog/?p=86
Official: First Android phone on September 23 http://blog.wired.com/gadgets/2008/09/official-first.html … Read more
Hewlett-Packard beat Wall Street earnings estimates this quarter, lead by strong notebook sales growth.
HP reported third-quarter earnings of $2.03 billion, or 86 cents per share, excluding one-time charges. Analysts were expecting earnings of 83 cents per share. The company's third-quarter results reflect 14 percent growth over the same quarter a year ago, when HP reported earnings of $1.78 billion and 66 cents per share.
There were fears leading up to the announcement that slowing demand for PCs in Western nations and a strengthening dollar could mean HP had peaked this year already. But HP is forecasting … Read more
Perhaps it's a sign of an economy on the brink: I'm getting pitches for sites about crime. This week I heard from reps of both CrimeReports.com and CriminalSearches.com. Together, their services will help you find crime and criminals, let you look for police records on anyone, and illustrate how pervasive crime is in every community in the U.S.
All these crime reporting services take their data from public sources. It's tax dollars, after all, that fund police departments and the courts. The trick is in the packaging. CrimeReports does a nice job of placing … Read more