11/5 BusinessWeek.com -- Technology

BusinessWeek.com -- Technology         N.Z. Consumers Want Cheaper Smartphones, Telecom’s Reynolds Says November 5, 2010 at 1:22 PM   New Zealand consumers are unwilling to pay current prices for smartphones, limiting sales even amid increased demand for applications offered by Facebook Inc., Telecom Corp.'s chief executive officer said.         Telecom N.Z. Raises Full-Year Forecasts on Items November 5, 2010 at 1:07 PM   Telecom Corp. of New Zealand, the nation's biggest phone company, raised its full-year profit forecast to reflect one-time items and said it expected to achieve its underlying earnings target.         Auto Parts Retailers in Overdrive November 5, 2010 at 12:11 PM   Three years of slow auto sales are helping drive strong results and record stock prices at chains like AutoZone and O'Reilly Automotive         DriverSide.com Aims for Car Owners' Market November 5, 2010 at 11:42 AM   The service connects owners to dealerships and mechanics, and provides Internet tools that help drivers take care of their vehicles         Clearwire to Cut 15% of Jobs Amid Funding Shortage November 5, 2010 at 6:04 AM   Clearwire Corp., the company building out a high-speed WiMax wireless network, will cut 15 percent of its workforce and suspend expansion of its own stores to conserve cash as it searches for a new source of funds.         Factual Wants to Put the Web in Order November 5, 2010 at 6:00 AM   The company founded by Gil Elbaz, the man behind Google's AdSense, is selling organized data         Why IBM Is Buying Back So Many of Its Shares November 5, 2010 at 6:00 AM   Big Blue is spending billions on buybacks, seeing its stock as undervalued         Tesla Rises After Panasonic Buys Stake in Carmaker November 5, 2010 at 5:25 AM   Tesla Motors Inc. rose 14 percent in Nasdaq Stock Market trading after Panasonic Corp., the largest maker of rechargeable batteries, bought a $30 million stake in the electric-car maker.         Cap Gemini Falls as Sales Predicted at Range’s Low End November 5, 2010 at 3:19 AM   Cap Gemini SA, Europe's largest computer-services company, fell the most in more than five months in Paris trading after Chief Financial Officer Nicolas Dufourcq said sales growth is likely to be at the low end of forecasts.         Alcatel-Lucent Falls on Lower-than-Expected Margin November 5, 2010 at 12:20 AM   Alcatel-Lucent SA, France's largest telecommunications equipment maker, fell the most in almost six months in Paris trading after reporting an operating margin below some analysts' expectations.         Tesla Surges After Panasonic Buys Stake in Electric-Car Maker November 5, 2010 at 1:58 AM   Tesla Motors Inc. shares rose as much as 10 percent after Panasonic Corp., the largest maker of rechargeable batteries, bought a $30 million stake in the electric-car maker.         India Outsourcers Feel Unloved in the U.S. November 5, 2010 at 12:00 AM   A ban on offshoring Ohio government IT projects feels like the thin edge of the wedge in Bangalore         Microsoft Uses Kinect to Combat Nintendo Wii, Lure Gamer Moms November 4, 2010 at 10:56 PM   Kinect, a device that lets consumers play video games with their bodies, may help Microsoft lure casual gamers and add to the life of the Xbox 360         Qualcomm Shares Advance After Forecasts Top Estimates November 4, 2010 at 10:53 PM   Qualcomm Inc., the biggest maker of mobile-phone chips, rose the most in more than three months on the Nasdaq after its profit and sales forecasts topped analysts' estimates amid the increasing popularity of smartphones.         Qualcomm Shares Jump After Profit, Sales Forecasts Top Estimates November 4, 2010 at 9:56 PM   Qualcomm Inc., the biggest maker of mobile-phone chips, rose as much as 9.3 percent in early U.S. trading after its profit and sales forecasts topped analysts' estimates amid the increasing popularity of smartphones.         Patni Computer’s Founding Family Said to Consider Selling Stake November 4, 2010 at 9:34 PM   The founders of Patni Computer Systems Ltd., the Indian technology-services provider backed by General Atlantic LLC, plan to sell their entire stake, according to two people with direct knowledge of the matter.         Cap Gemini Falls as Sales Predicted at Forecast Range’s Low End November 4, 2010 at 8:37 PM   Cap Gemini SA, Europe's largest computer-services company, fell the most in more than 19 months in Paris trading after Chief Financial Officer Nicolas Dufourcq said sales growth is likely to be at the low end of forecasts.         PLDT to Cut Jobs as Profit Growth Slows, Globe Falls November 4, 2010 at 8:15 PM   Philippine Long Distance Telephone Co., the nation's largest company by market value, plans to cut more than 1,100 jobs after intensifying competition led the phone operator to its slowest earnings growth in six quarters. Profit at rival Globe Telecom Inc. fell.         Dell Aims to Stay Ahead of HP in China Computer Sales November 4, 2010 at 7:18 PM   Dell Inc., which overtook bigger rival Hewlett-Packard Co. in China's personal-computer market this year, said it aims to remain ahead on demand from corporate clients.         Elpida to Cut Chip Output, Citing ‘Abrupt’ Price Drop November 4, 2010 at 4:08 PM   Elpida Memory Inc., the Japanese chipmaker bailed out by the government last year, plans to slash semiconductor production by about 25 percent, citing an "abrupt" drop in prices.         Alcatel-Lucent Falls on Lower-than-Expected Operating Margin November 4, 2010 at 5:42 PM   Alcatel-Lucent SA, France's largest telecommunications equipment maker, fell the most in four months in Paris trading after reporting an operating margin below some analysts' expectations.         Philippine Telephone to Cut 1,100 Jobs as Earnings Growth Stalls November 4, 2010 at 4:32 PM   Philippine Long Distance Telephone Co., the nation's largest company by market value, plans to cut more than 1,100 jobs after intensifying competition led the phone operator to its slowest profit growth in six quarters.         Cap Gemini Third-Quarter Sales Rise, Beating Analysts’ Estimates November 4, 2010 at 4:08 PM   Cap Gemini SA, Europe's largest computer-services company, said third-quarter sales rose 8.2 percent, beating analysts' estimates, driven by demand from the financial industry.         Alcatel-Lucent Posts Surprise Profit on Sales, Retirement Gain November 4, 2010 at 3:45 PM   Alcatel-Lucent SA, France's largest telecommunications equipment maker, reported a surprise third- quarter profit as it increased sales of network equipment and benefited from a one-time gain on retirement costs.         Deutsche Telekom Third-Quarter Net Beats Analysts’ Estimate November 4, 2010 at 3:33 PM   Deutsche Telekom AG, Europe's largest telecommunications company, said third-quarter profit rose 8.4 percent on rising demand for its data services, beating analysts' estimates.         Microsoft Uses Kinect to Combat Nintendo Wii, Lure Gamer Moms November 4, 2010 at 1:30 PM   Kinect, a device that lets consumers play video games with their bodies, may help Microsoft lure casual gamers and add to the life of the Xbox 360         Panasonic Buys Stake in U.S. Electric Carmaker Tesla November 4, 2010 at 9:45 AM   Panasonic Corp., the largest maker of rechargeable batteries, bought a $30 million stake in electric carmaker Tesla Motors Inc., tightening its supply relationship with the Silicon Valley startup.         Panasonic Pays $30 Million for Stake in Electric Carmaker Tesla November 4, 2010 at 9:19 AM   Panasonic Corp., the largest maker of rechargeable batteries, bought a $30 million stake in electric carmaker Tesla Motors Inc., tightening its supply relationship with the Silicon Valley startup.         Facebook Users Help Predict Republican Victories November 4, 2010 at 6:01 AM   The social network helped predict more than 70% of competitive House and Senate races, based on the number of fans of candidates on the site         The New New Andreessen November 4, 2010 at 5:50 AM   With Andreessen Horowitz, visionary entrepreneur Marc Andreessen is trying to reinvent himself as a top-tier venture capitalist and world-class power broker         Qualcomm’s Forecasts Exceed Analysts’ Predictions November 4, 2010 at 5:39 AM   Qualcomm Inc., the biggest maker of mobile-phone chips, forecast fiscal first-quarter profit and sales that topped analysts' estimates as demand for smartphones increases. The shares advanced in late trading.         Qualcomm’s Profit, Sales Forecasts Exceed Analysts’ Predictions November 4, 2010 at 5:23 AM   Qualcomm Inc., the biggest maker of mobile-phone chips, forecast fiscal first-quarter profit and sales that topped analysts' estimates as demand for smartphones increases. The shares advanced in late trading.         Business Looks to Republicans to Block Rules, Taxes November 4, 2010 at 12:12 AM   The Republican victories in Congress mean U.S. companies from Goldman Sachs Group Inc. to Wellpoint Inc. may be able to weaken or block what they consider President Barack Obama's anti-business policies on health care, the environment, taxes and financial reform.         LSE Delays Move to New Trading System After Glitch November 4, 2010 at 2:02 AM   London Stock Exchange Group Plc's yearlong attempt to switch securities to a faster new trading system hit its third delay with the bourse blaming a "suspicious" glitch that briefly shut down its Turquoise platform yesterday.         Andreessen Horowitz Raises $650 Million for Second Venture Fund November 4, 2010 at 12:53 AM   Andreessen Horowitz LLC, the venture capital firm run by Netscape Communications Corp. founder Marc Andreessen, said it raised $650 million for a second fund to invest in startups.         Apple Apps for Helping London Strike Victims Ride High November 4, 2010 at 12:29 AM   As Londoners suffer through a third strike by subway workers in as many months, Malcolm Barclay, an independent application developer for Apple Inc.'s iPhone, is raking it in.         Etisalat Starts Due Diligence to Purchase Zain Stake November 3, 2010 at 11:35 PM   Emirates Telecommunications Corp., the United Arab Emirates' largest phone company, said it will start the due diligence process to buy a 51 percent stake of rival Zain in a deal valued at about $12 billion.         Google Broke U.K. Data Law, Privacy Regulator Says November 3, 2010 at 10:46 PM   Google Inc. violated Britain's data- protection law when its Street View mapping unit inadvertently gathered personal e-mails and passwords from unsecured wireless networks, the U.K.'s privacy regulator said today.         Qwest Profit Beats Estimates as Web Adds Outweigh Phone Losses November 3, 2010 at 8:28 PM   Qwest Communications International Inc., the phone company being acquired by CenturyLink Inc., posted third-quarter profit that beat analysts' estimates after adding more subscribers to its Internet service.             This email was sent to knumasscn@gmail.com. Delivered by Feed My Inbox 230 Franklin Road Suite 814 Franklin, TN 37064 Create Account Unsubscribe Here