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The International Herald Tribune
IHT.com Tech Alert


Paris, Wednesday, October 22, 2008

In Hollywood, the Wall Street villain returns
Suddenly, across Hollywood, the stock market is not such a sexy subject anymore, at least not in a yearning sense.

Yahoo to cut 10% of its work force
Yahoo's third-quarter income fell by 64 percent, to $54 million, and the company said it would lay off about 1,400 workers.

Brisk sales of iPhones help Apple in quarter
Apple's net income increased 26 percent, to $1.14 billion, outpacing Wall Street expectations.

France to allocate broadcast spectrum for mobile services
If a Europewide network were to come to fruition, its greater scale would likely push down the cost of Internet services to consumers, especially in rural areas not reached by fast, fixed-line networks.

Start-ups test dot-com business models
Start-up companies like Twitter face dilemma on the road to success: adopting business model to be cash-flow positive or keeping focus on the technology, not the money.

Beware the digital zombies
Botnets remain an Internet scourge, and active zombie networks created by a growing criminal underground peaked last month at more than half a million computers.

Credit squeeze adds to Sprint's challenges
Dan Hesse, the chief executive of Sprint Nextel, has been trying to turn his beleaguered company around. In some areas, he is making progress.

Chip orders are quickly slowing, Texas Instruments says
Texas Instruments, which makes chips for cellphones and other devices, warned that orders were slowing rapidly and said it would cut jobs to save money.

Sun reports a loss amid slowing demand
Sun Microsystems, the server and software maker, swung to a loss in its first quarter, dragging the results below Wall Street's forecast.

France looks to save its newspapers
In an effort to find ways to revitalize the industry, President Nicolas Sarkozy gathered more than 140 media experts this month to begin a three-month, government sponsored study of the written press, to look for ways to revitalize the French Fourth Estate.

U.S. spending on gadgets is projected to grow at a slower rate
The Consumer Electronics Association found a drop in the percentage of U.S. consumers expressing an intention to buy video games, cameras, music players and laptops.

Some papers in financial trouble are leaving the AP to cut costs
It remains to be seen whether the recent defections become a major problem for the world's largest news-gathering organization.

Jim Cramer retreats along with the Dow
After years of selling the stock market as a reliable path to riches, CNBC's star stock-picker has received brutal criticism recently from viewers and competitors.

Trading variance in U.S. election predictions raises questions
To the amazement of economists and online bettors, predictions for the presidential election have varied a great deal among betting Web sites.



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