Cisco’s fall acquisition binge continues unabated. Late Monday, the company announced plans to buy the set-top box business of China’s DVN Holdings for up to $44.5 million. This after spending $3 billion on videoconferencing system maker Tandberg, wireless infrastructure outfit Starent Networks and software-as-a-service security vendor ScanSafe–all in quick succession.
BoomTown’s week began onstage in front of thousands of chanting women. No, Kara wasn’t filling in for Oprah; she was doing something much cooler.
Sony’s second quarter was another sorry one marked by the company’s fourth loss in as many quarters. Still, it was smaller than expected.
It has been about two years since Apple last released a major firmware update for its Apple TV platform, so the release of Apple TV 3.0 today will come as welcome news to those who own the device. 3.0 is largely as rumored: Adding support for both iTunes LP and iTunes Extras.
So much for Xbox 360’s game console exclusivity on Netflix streaming. This morning, the DVD-by-mail pioneer said that beginning sometime next month, owners of Sony’s PlayStation 3 game consoles will be able to stream movies and TV shows from Netflix.
Verizon posted a decent third quarter this morning, besting consensus estimates. Analysts polled by Thomson Reuters had been expecting earnings of 59 cents on revenue of $27.17 billion. Excluding one-time costs, Verizon reported a profit of 60 cents a share on revenue of $27.3 billion.
Evidently, Netflix is as recession-proof as Hollywood. Reporting third-quarter earnings after market close Thursday, the DVD-by-mail pioneer posted net income of $30.1 million, up 48 percent from a year earlier, on revenue of $423.1 million. That’s 52 cents a share. Analysts had been expecting 46 cents a share on $419.9 million in sales. Why, then, are investors punishing the company in after-hours trading?
The last time Microsoft was featured in an episode of “Family Guy,” it was the butt of Zune joke. Peter Griffin’s father-in-law asked Bill Gates to help him program his Zune and then taunted the Microsoft chairman, noting that he owns an iPod “like the rest of the world.” This time it’s going to be different. That’s because Microsoft is paying to make it so. The company has teamed up with Fox to sponsor a “Family Guy” special built around Windows 7.
Carol Bartz, Yahoo’s all caps CEO has been tapped to deliver a keynote address at the 2010 Consumer Electronics Show.
What’s Yahoo got to tout at a consumer electronics showcase? Could be an update to Connected TV, the same Internet-to-television platform the company debuted at CES last year.
Sometimes life’s irony smacks you in the face. Sometimes BoomTown smacks you with it instead.
“Want 5 times more 3G coverage? There’s a map for that.” That’s the cheeky slogan of a new Verizon ad reportedly set to debut during tonight’s Monday Night Football game. Riffing on the tagline from Apple’s iPhone commercials, it essentially turns widespread complaints about the quality, coverage and speed of AT&T’s network into one grand Verizon marketing campaign.
Toshiba has seen the future of television: A 55-inch, liquid-crystal display jacked into a three-terabyte set-top box capable of displaying eight high-definition broadcasts at once. What is this TV among TVs, this holy grail of couch potatoans called? The Cell Regza 55X1. And it costs $11,115.
Netflix is headed to the iPhone–at some yet-to-be-determined point in the future. Asked by Reuters if he’d ever consider a partnership with Apple, Netflix CEO Reed Hastings said he would, but only after the company had secured its foothold on videogame consoles and elsewhere.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
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