The inexorable march of technology made wires and cable obsolete in the wake of Bluetooth and may soon do the same to the short-range wireless protocol. The Wi-Fi Alliance this week announced Wi-Fi Direct, a new short-range wireless standard capable of performing many of the same tasks as Blutooth, but at Wi-Fi speeds.
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Now this is just getting silly. Pali Research says sales of the Palm Pre are slowing. RBC’s Mike Abramsky says they aren’t and claims 325,000 to 375,000 have been sold to date, ahead of his expectations. Jesup and Lamont analyst Kevin Dede says the device is plagued by high exchange/return rates of potentially 40 percent. Abramsky says it’s more likely between two and three percent. Who’s right? Who cares?
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YouTube may be losing money, but it’s not losing nearly as much as some claim. Certainly not the $470 million that Credit Suisse projected in April, citing massive infrastructure costs. According to IT research outfit RampRate, a more realistic assessment of YouTube’s operating loss for 2009 is $174 million, nearly $300 million less than Credit Suisse’s estimate.
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April 7. That’s when the 99-cent-per-song rate that iTunes first set in 2003 will finally end, says the LA Times. On that day–and not April 1 as Apple originally claimed–the company will introduce a new tiered-pricing plan that will see it peddling songs for 69 cents, 99 cents, and $1.29, according to popularity.
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Looking over the latest unemployment figures, Silicon Valley’s technology bust early this decade no longer seems such a distant memory. In another unsettling economic sign, the unemployment rate in Silicon Valley rose for its fourth consecutive month in August to reach a four-year high.
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