by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
Susquehanna Financial Group analyst Marriane Wolk has scoured the Internet for intelligence on Microsoft’s new search engine Bing, and come up with the conclusion that the appeal of the new service, and its staying power, is uncertain.
by Marisa Taylor, Tech Reporter, The Wall Street Journal
About a year ago, Canadian Internet entrepreneur Justin Hartzman was planning to visit Las Vegas with some friends, and was trying to decide which shows and concerts the group should see. “After about 400 or 500 emails back and forth,” he says, he realized he needed a Web site that would aggregate all of the events in a certain area and during a specific set of dates. And thus the idea for TicketFlow was born.
TiVo shares this morning are heading lower after the company said the U.S. Court of Appeals for the Federal Circuit has granted a request by EchoStar to stay a contempt order imposed by a lower court pending the outcome of EchoStar’s appeal in the the patent dispute between the two companies.
by Carl Bialik, Blogger, The Numbers Guy, The Wall Street Journal
Protesters on the streets of Tehran questioning the recent Iranian presidential election results have gotten support from a new breed of election watchers: Internet-enabled anomaly hounds who say the numbers don’t add up.
Kaufman Bros. analyst Shaw Wu this morning launched coverage of Palm with a Hold rating and a $16 price target. He writes in a research note that the company is well-positioned in the smart phone sector with its WebOS software, but that the valuation is expensive; he also is concerned about ongoing operating losses and a weak balance sheet.
by Andrew LaVallee, Reporter, The Wall Street Journal
Remember “YouTwitFace,” the Conan O’Brien joke that took on a life of its own online? It could be a real Web site soon. On June 3, Mr. O’Brien brought back a popular sketch on “The Tonight Show” called “In the Year 2000,” in which he muses on the future. In one premonition, he said, “YouTube, Twitter and Facebook will merge to form one super time-wasting Web site called YouTwitFace.”
Contrary to previous public statements by the company, Palm CFO Douglas C. Jeffries has not been registered as a certified public accountant in the state of California since 1984, records from the California Board of Accountancy show.
Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site. (Click on the image to see a bigger version.)
by Kimberly Chou, Reporter, The Wall Street Journal
President Barack Obama’s Chief Information Officer Vivek Kundra announced this morning the launch of an “IT dashboard” that allows people to see how the federal government is spending taxpayer dollars on information technology projects.
by Marisa Taylor, Tech Reporter, The Wall Street Journal
The Obama administration has called for a $7.1 billion upgrade of the nation’s broadband Internet system as part of the Recovery Act, but it will be a tall order for the FCC to create a plan that satisfies both telecom companies and broadband advocacy groups.
The razor-thin profits the online travel agencies get on airline bookings could get even thinner. As reported last week by the travel research firm PhocusWright, United Airlines is forcing some travel agencies to absorb the 2 percent-3 percent credit-card fees for ticket bookings.
Speed is critical for the growing number of traders who rely on algorithms to detect market shifts. So NYSE Euronext is building two new data centers that the exchange hopes will allow it to process trades faster than its rivals.
by Kimberly Chou, Reporter, The Wall Street Journal
The historic election of President Barack Obama marked a high point for youth involvement in elections. Now, activists are trying to figure out how to bottle youthful Obamania and transport it to other elections.
With a victory at the Supreme Court on the issue of network DVR, the next question for Cablevision is going to be how to proceed with rolling out service. And the answer is, they are going to move carefully in an effort not to step on the toes of advertisers.
The U.S. Supreme Court today cleared the way for Cablevision to offer a network DVR service, allowing consumers to record copies of television programming “in the cloud,” rather than on set-top boxes. Without comment, the court refused to review a Court of Appeals ruling that rejected claims by film studios and television networks that the network DVR approach would infringe copyrights.
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