The quickly growing movie rental company is now bringing Blu-ray movies to its kiosks. They'll cost $1.50 per day.
Menlo Park, Calif.'s ZeaChem has come up with a way to turn wood chips into ethanol that will sell for around $1.50 a gallon or less when it comes out in 2010. Brewing and petrochemical technology go into the mix. News.com Editor at Large Michael Kanellos talks with founder Dan Verser and CEO James Imbler about their plans for cheap fuel.
The company is collecting a $1.50 "regulatory recovery" fee--but tries to soften the blow by cutting prices on its dialing plans.
Teac, which makes CDs and DVDs, will release on Nov. 7 its MP-330 miniature-CD/MP3 player. The $129 devices allows people to play digital-audio files or to use miniature CD-recordable discs. The player runs for up to seven hours on two AA batteries and offers anti-shock protection. According to Japan-based Teac, mini CD-Rs cost less than $1.50 each. Teac is also expanding its line of CD-R media with a 10-pack of 8cm Mini CD-Rs for $12.99.
By Irene Tham An Indonesian court has awarded Microsoft $4.76 million in damages against four Jakarta-based computer dealers. The Central Jakarta District Court found PT Panca Putra Komputindo, HM Computer, HJ Computer and Altec Computer guilty of loading unauthorized copies of Microsoft Windows and Microsoft Office onto PCs for sale, according to a Microsoft statement. The dealers were investigated by Microsoft as part of the company's Dealer Test Purchase Program, which tracks resellers who illegally copy software and operating systems onto PCs to attract customers. According to the Business Software Alliance, the Asia-Pacific region accounted for the highest revenue losses due to software piracy among corporate consumers last year, totaling $4 billion, or 35 percent of the global figure. A pirated copy of Microsoft's Office XP, for example, sells for as low as $1.50 in Malaysia, compared with the original price tag of $199. Staff writer Irene Tham reported from Singapore.
Gadzoox, a maker of storage-network equipment, has secured more than $7 million in funding from Balch Hill Capital and Galleon Group, the company announced Wednesday. The money will be used to develop new products and continue the launch of the company's newest release, the Slingshot 4210, which supports a 2 gigabit-per-second version of the Fibre Channel. The investors bought shares in Gadzoox at a price of $1.50 per share. The company's shares were trading around $1.40 Thursday.
Philips Semiconductors announced integrated, single-chip devices for system configuration in computing platforms. The PCA9556 and PCA9559 are designed for use in computing platforms using the System Management Bus (SMBus) or I2C bus, to seamlessly interface the processor, chipset and peripherals. The chips eliminate the need for multiple discrete devices, saving board space and lowering system cost for desktop, server, workstation and mobile platforms. The PCA9556 and PCA9559 are available in volume production for $0.85 and $1.50, respectively, in quantities of 10,000.
IT consulting firm Keane reported second-quarter earnings in line with revised estimates following the company's warning that Year 2000-related business would slow. The firm earned $26.6 million, or 37 cents per share, in line with consensus estimates according to First Call. Revenue rose 5 percent to $280.5 million from $266.9 million a year ago. Chief executive John Keane repeated that revenue for the year is expected to be flat with year-ago revenue of $1.1 billion, and earnings would fall in a range of $1.40 to $1.50 per share.
U.S. firms will invest $124 billion in the "Internet Economy" this year--and for every $1.50 they invest, they'll get back $1, a study says.