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IHT.com Tech Alert |
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| Paris, Thursday, May 24, 2007 | |
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Victory for consumers in EU on roaming cost The EU endorsed a deal to cap cellphone roaming fees in the 27-nation bloc. - Phone companies fail to overcome grass-roots juggernaut Intel and STMicroelectronics to merge flash memory units Investors cheered the move as beneficial to Intel's turnaround efforts, and because further consolidation of the flash memory industry could lead to more stable pricing.
The End User: Filtering out the grapevine
Google investing in company started by co-founder's wife
EU approves Vivendi-Bertelsmann deal
Alltel buyout deal stirs the anger of rival bidders
China eases demand that bloggers use real names
Philips in talks to sell stake in LCD joint venture
MySpace to share data on convicted sex offenders
2 executives quit Glass Lewis, proxy advisory firm
2 companies pledge to avoid telemarketing criminals
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Hewlett-Packard said Wednesday that it had won the right to bid on contracts to provide the U.S. government with computers, servers and printers, business valued at as much as $5.6 billion.
The seven-year contract, formed with the National Aeronautics and Space Administration, allows Hewlett-Packard, the world's largest maker of printers and personal computers, to supply other areas of the U.S. government as well.
The company is among almost 40 others, including Unisys and International Business Machines, that are entitled to bid on the business. Hewlett-Packard's revenue from previous NASA contracts accounted for more than $620 million in revenue over the past 15 years.
Shares of Analog Devices fell as much as 11 percent Wednesday after company, the maker of chips used in mobile phones and cars, said that third-quarter sales and profit could trail analysts' estimates.
Sales for the period will be $655 million to $685 million, the company said after markets closed Tuesday. That compares with the $683 million average of estimates compiled by Bloomberg. Net income will be as much as 37 cents a share, less than the 40-cent Bloomberg average.
Analog Devices chips act as sensors in airbags in cars and in the controllers for Nintendo's Wii video game machine.
Qualcomm, one of the world's biggest makers of chips for mobile phones, plans to invest €100 million, or $134.8 million, in European small to midsize start-ups serving the telecommunications market. Qualcomm Ventures will focus on handset component makers, software developers and providers of network infrastructure and technology, the company said.
EM.TV, a German media firm that has announced plans to sell its children's entertainment division, has already received inquiries from movie studios, competitors and private equity firms, its chief executive said.
The company plans to sell the business to focus on its more profitable sports channels and Web sites.
A Polish regulator imposed fines on managers of Telekomunikacja Polska, the first time it has penalized individual decision-makers for hindering competition in the country's telecommunications market. The company's chief executive, Maciej Witucki, must pay one and a half times his monthly salary. It accused the executives of hindering the local phone companies Netia and GTS Energis from gaining access to Telekomunikacja's Internet infrastructure.
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