Archive for October, 2009
IBM to spend $5 billion more on stock buyback (AP)
Tuesday, October 27th, 2009
AP - IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the recession choking off revenue growth.
Dead not forgotten at Facebook (AFP)
Tuesday, October 27th, 2009Blinkx adds music video search tool (AFP)
Tuesday, October 27th, 2009Early Web Era Ends as Yahoo Shutters GeoCities (NewsFactor)
Monday, October 26th, 2009
NewsFactor - A web era came to an end Monday as Yahoo officially boarded up GeoCities, the long-neglected pioneer of personal web pages. GeoCities -- acquired by Yahoo in 1999 for $2.9 billion -- was once on the cutting edge of making it easy for individual users to publish their lives on the web, but long ago was eclipsed by the social-networking innovations of Facebook and MySpace.
FCC Chief: $7.2B Is a Start Toward National Broadband (NewsFactor)
Monday, October 26th, 2009
NewsFactor - Julius Genachowski, chairman of the Federal Communications Commission, said in comments posted Sunday that he realizes the $7.2 billion so far earmarked for creation of a national broadband infrastructure falls far short of the amount that eventually will be needed. He said the FCC is looking at a number of funding mechanisms.




