By EDMUND L. ANDREWS
WASHINGTON — President Bush plans to outline the basic principles of a proposed package of emergency economic measures just before noon on Friday, in an effort to restore the eroding confidence of investors and consumers. The package is expected to include more than $100 billion in one-time tax rebates for individuals […]
Posted on January 18th, 2008 by admin
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By REUTERS
BEIJING (Reuters) - China said it would issue new rules cracking down on “undesirable” elements of online games amid fears of growing Internet addiction as the number of players soars, state media reported on Thursday.
The number of online game players in China rose 23 percent to 40.17 million last […]
Posted on January 18th, 2008 by admin
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By Miguel Helft
More content begets more viewers, which, in turn, beget more content. That’s the virtuous cycle — the network effect — that has propelled Google-owned YouTube to the No. 1 spot in online video.
Those network effects are helping YouTube outperform the growth of the overall market for online video, which itself is growing at […]
Posted on January 18th, 2008 by admin
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By HARRIET RUBIN
Google announced a plan on Thursday that begins to fulfill the pledge it made to investors when it went public nearly four years ago to reserve 1 percent of its profit and equity to “make the world a better place.” The beneficiaries of Google’s money range from groups that are fighting disease […]
Posted on January 18th, 2008 by admin
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By THE ASSOCIATED PRESS
International Business Machines told Wall Street it was raising its estimates for 2008 on Thursday, further lifting a stock that was already buoyed by strong fourth-quarter earnings.
I.B.M.’s chief financial officer, Mark Loughridge, said earnings would be $8.20 to $8.30 a share in 2008. Analysts polled by Thomson Financial were expecting […]
Posted on January 18th, 2008 by admin
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By LAURIE J. FLYNN
SAN FRANCISCO — Advanced Micro Devices inched closer to profitability despite posting a huge loss as it struggled to absorb the huge cost of its acquisition of ATI Technologies, a graphics chip maker.
The financial report on Thursday covered a difficult quarter for A.M.D., one in which it tried to control costs, […]
Posted on January 18th, 2008 by admin
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