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Philips Plans $700 Million Cost Cuts After Poor Q2 Results
Netherlands — Royal Philips Electronics NV announced an unexpected $1.8 billion net loss for their second quarter Monday, the first financial report since transferring...
'Upstairs Downstairs,' 'Poirot' Now Streaming
Acorn Media U.S. is making its catalog of British mystery and drama programs available to U.S. audiences via a newly launched premium subscription...
RIM Develops Media Hub as BlackBerry Struggles
Waterloo, Can. — Research in Motion, makers of BlackBerry, is developing a media hub called BlackBerry Cyclone, according to information first reported by Nerdberry.
The...
The Dude Abides and Can Be Customized
Technology will put a few more dollars into the coffers of Universal Pictures. Percy3D has licensed a selection of clips from well-known movies for...
PayPal Debuts NFC Mobile Payments
San Jose, Calif. — PayPal announced its new peer-to-peer payment application that enables Android smartphone users to pay each other using Near Field Communication...
Nimble Storage Closes $25 Million Series D Funding Round
San Jose, Calif. — Nimble Storage, a start-up that sells flash-accelerated storage appliances, announced Thursday that the company has received $25 million in a...
“Hello America. Spotify Here.”
Spotify disclosed further details about its U.S. service today, as it had promised to do in Wednesday’s brief confirmation of today’s launch.
The streaming music...
Sony to Challenge Kindle with Upgraded Reader
San Diego, Calif. — Sony Corporation is planning to introduce a line of upgraded e-readers to challenge Amazon.com's Kindle as early as next month,...
Jay Leno Named Top of Spam Lures
It’s hard to imagine being afraid of Jay Leno, unless perhaps you’re another late night talk show host, but BitDefender recommends caution. The Romanian...
Spotify Cleared for Thursday U.S. Launch
Spotify issued a brief statement confirming that it will launch in the United States on Thursday. “Spotify, the award-winning digital music service loved by...