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Today's Headlines  
Sprint posts steep subscriber losses
Jihadi software promises secure Web contacts
Microsoft accused of patent violation in China
U.S. game sales rise 28 percent in December
Credit issuer says data lost for 650,000 customers
Cell phones and virtual worlds morphing shopper ways
German rage over Nokia plant closure grows
Writers strike sends viewers to DVDs, video games
Intel, AMD don't see demand falling off cliff
Digital TV switch won't sway cable holdouts

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Sprint posts steep subscriber losses

NEW YORK (Reuters) - Sprint Nextel Corp reported deeper than expected subscriber losses on Friday and said it would cut about 4,000 jobs, sending its shares down 26 percent and raising fears that an economic slowdown would take a greater toll on the wireless industry .

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Jihadi software promises secure Web contacts

DUBAI (Reuters) - An Islamist Web site often used by al Qaeda supporters carried updated encryption software on Friday which it said would help Islamic militants communicate with greater security on the Internet.

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Microsoft accused of patent violation in China

BEIJING (Reuters) - A small Chinese high-tech firm is suing Microsoft Corp because it says the software giant has stolen its creation that allows Internet users to type Chinese characters, but Microsoft countered the claim on Friday.

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U.S. game sales rise 28 percent in December

SAN FRANCISCO (Reuters) - U.S. sales of video game hardware and software rose 28 percent in December from a year earlier as holiday shoppers snapped up new consoles like Nintendo Co Ltd's top-selling Wii, market research firm NPD said on Thursday.

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Credit issuer says data lost for 650,000 customers

ATLANTA (Reuters) - A computer tape containing personal data of 650,000 customers of about 230 retailers including J.C. Penney Co is missing, credit card issuer GE Money said on Friday.

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Cell phones and virtual worlds morphing shopper ways

NEW YORK (Reuters) - Virtual worlds, mobile coupons and bar-code readers on cell phones are the next technology wave that U.S. chain stores must ride if they hope to stay competitive in the fast-changing world of global retail.

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German rage over Nokia plant closure grows

BERLIN (Reuters) - German anger over plans by Nokia to close a plant escalated on Friday, with the finance minister accusing the cellphone maker of "caravan capitalism" and others vowing to replace their Nokia phones.

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Writers strike sends viewers to DVDs, video games

LOS ANGELES (Hollywood Reporter) - The Hollywood writers strike looks like a boon for the DVD and video game industries.

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Intel, AMD don't see demand falling off cliff

SAN FRANCISCO (Reuters) - At Intel Corp and Advanced Micro Devices Inc , which together own the market for computer microprocessors, their chief executives had one message for investors this week: "What, me worry?"

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Digital TV switch won't sway cable holdouts

WASHINGTON (Hollywood Reporter) - Half of the 21 million Americans who do not have cable or satellite TV will probably continue to use rabbit ears after the switch to digital TV in February 2009, according to a new study.

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