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May 2008
- GameStop Axes Zune; Microsoft Shrugs
  
  TheStreet | May 23, 08 7:22 PM CDT
  
  (Newser) - GameStop, a national chain of video game stores, has announced it will no longer carry Microsoft’s floundering Zune digital media player, TheStreet.com reports. "We have decided to exit the Zune category because it just did not have the appeal we had anticipated," a spokesman said of the iPod competitor, on shelves since late 2006. Microsoft seemed unfazed. More »
- BlackBerry Gets a Bold Facelift
  
  Wall Street Journal | May 12, 08 8:53 AM CDT
  
  (Newser) - The new BlackBerry Bold was unveiled today, sporting a sleek update aimed at keeping its traditional business clientele from defecting to the iPhone. The silver-rimmed Bold is Research in Motion's first to run on speedy 3G wireless networks designed to handle multimedia content and has a faster processor to handle business software, the Wall Street Journal reports. More »
- Blu-Ray Never Sleeps
  
  Associated Press | May 7, 08 11:52 AM CDT
  
  (Newser) - Fans of Neil Young will soon be able to buy his entire music archive on Blu-ray discs, the AP reports. The first 10-disc set, out this fall, will cover the prolific rocker’s career from 1963 to 1972 and will include some previously unreleased songs, videos, and handwritten manuscripts. Buyers will also be able to download more content to the discs on their own. More »
- 'Lifelike' Sony TV Wows Viewers
  
  New York Times | May 1, 08 12:34 PM CDT
  
  (Newser) - Sony’s new XEL-1 television is neither plasma nor LCD: it uses organic light-emitting diode (OLED) technology, and “its picture is so incredible, Sony should include a jaw cushion,” David Pogue writes in the New York Times . Sony is the first to sell TVs using the system, which is "like looking out a window. With the glass missing,” Pogue notes. More »
April 2008
- IBM Raises Dividend 25%
  
  Wall Street Journal | Apr 29, 08 2:20 PM CDT
  
  (Newser) - IBM raised its quarterly dividend for the thirteenth consecutive year today after posting strong Q1 earnings two weeks ago, the Wall Street Journal reports. The firm expects to pay $2.5 billion to shareholders this year after raising its dividend 25%, from 40 to 50 cents. IBM also expects to pass along another $12 billion to investors through stock buybacks. More »
- Samsung Chairman Resigns
  
  Wall Street Journal | Apr 22, 08 7:00 AM CDT
  
  (Newser) - The chairman of Samsung, Korea's leading exporter, has resigned after being indicted on multiple counts of tax fraud and breach of duty. Lee Kun-hee, whose resignation speech was carried live on all of South Korea's TV networks, has controlled the Samsung consortium since 1987. Lee, his wife, his son, and nearly a dozen other execs have been implicated in the scandal. More »
- Samsung Head Indicted for Tax Fraud
  
  Bloomberg | Apr 17, 08 6:43 AM CDT
  
  (Newser) - The chairman of electronic giant Samsung will stand trial for tax evasion and breach of duty after special prosecutors alleged corruption in South Korea's largest industrial corporation. Lee Kun-hee was indicted in Seoul today for evading $114 million in taxes and for incurring losses at Samsung while installing his son in leadership positions, Bloomberg reports. Nine other execs at Samsung were also charged with crimes. More »
- Intel Rides Global Sales to Strong Q1
  
  New York Times | Apr 16, 08 6:50 AM CDT
  
  (Newser) - Global demand for computer chips helped Intel power to a 9% first-quarter revenue gain, beating analysts' estimates and sending a message that while US sales may be slumping, the world’s largest chip maker’s still got game. Intel stock rose 7.7% in after hours trading, the New York Times reports, as the news allayed worries that computer sales are slowing. More »
- North American TV Sales Drag Philips Down
  
  Reuters | Apr 14, 08 10:15 AM CDT
  
  (Newser) - An expanding health-care sector in China couldn’t help Royal Philips Electronics offset poor television and video sales in North America, as the world’s leading lighting company reported core profits fell 28% in the first quarter, Reuters reports today. The company said it expects the global economic slowdown will continue to hurt its consumer-electronics sales. More »
- AMD to Slash 10% of Jobs in '08
  
  Wall Street Journal | Apr 8, 08 12:02 AM CDT
  
  (Newser) - Advanced Micro Devices will shed 10% of its workforce this year and predicts a 15% first-quarter revenue drop, down to $1.5 billion, the Wall Street Journal reports. Slumping desktop sales and the company's line of defective chips and have hurt AMD, which will lay off workers worldwide at "all levels within the company," a spokesman told the San Jose Mercury News today. More »
- Files May Be Fleeting
  
  Boston Globe | Apr 7, 08 1:29 PM CDT
  
  (Newser) - Cuneiform tablets have kept information safe across millenia, but hard drives have lifespans of just a few years. Even if your CDs survive the century, their players might have become obsolete, warns the Boston Globe . "Who knows how long they're going to last—how much time before the information on a zip disk just goes into cyberspace heaven," said one archivist. More »