Cuts Call for Microsoft to Rethink Windows Client

From PC World: Microsoft's first-ever layoffs point to a need for the company to rethink its Windows client business, which is largely responsible for the disappointing financial results that led to thousands of Microsoft job cuts announced Thursday.

AMD's $1.4 billion loss bigger than expected

From CNET News.com: Advanced Micro Devices on Thursday reported a bigger-than-expected net loss of $1.4 billion for the fourth quarter of 2008. This is the chipmaker's ninth consecutive quarterly loss.

The $1.42 billion loss, or $2.34 per share, was below the $1.77 billion loss, or $3.06 per share, reported a year ago but worse than Wall Street analysts had expected

Trojan found in pirated Apple iWork software

From CNET News.com: nternet security firm Intego said on Thursday that it has discovered a new Trojan horse in pirated copies of Apple's iWork '09 productivity software that could allow an attacker to take control of the infected computer.

The Trojan horse, OSX.Trojan.iServices.A, discovered circulating in copies of the software on BitTorrent trackers and other pirate sites, is rated serious, according to Intego's security alert.

Google keeps its one-trick pony healthy

From CNET News.com: oogle gets knocked for being a one-trick pony--the vast majority of its revenue comes from search advertising--but its strong fourth-quarter results showed what can be done by making sure cultivation of that business isn't hurt by diversification efforts.

Apple Profits $1.61 Billion, Highest Ever

From Tom's Hardware: Apple set new records for itself with revenue of $10.17 billion and net quarterly profit of $1.61 billion, or $1.78 per diluted share. All figures are up from the same period last year’s $9.6 billion revenue, net quarterly profit of $1.58 billion, or $1.76 per diluted share. Gross margin remained the same at 34.7 percent.

Sony Rejects PlayStation Branded Phone Plan of Sony Ericsson

From X-bit Labs: Sony Ericsson, a struggling maker of cell phones and a joint venture between Ericsson and Sony, will not get rights to use PlayStation brand on its gamer-oriented handsets from Sony Corp. Perhaps, it is not yet set on stone, but it is highly likely that there will be no Sony Ericsson PlayStation Phone and will be no SE’s handsets designed for gaming.

Apple updates QuickTime media player

From InfoWorld: Apple has released a new version of its QuickTime media player adding critical security fixes as well as some new tweaks to improve the software's ease of use and compatibility with different file formats.

No iPhone Nano, No Apple Netbook – Deal With it!

From PC World: During Apple's earnings conference call on Wednesday, Cook clearly put to rest any idea of a cheap iPhone Nano or a mini Apple laptop in the form of a netbook, at least for the time coming. But the sad fact is that, as clear as this might sound, analysts and Apple fans just can't help themselves speculating over some imaginary new Apple lines of devices.

Nokia's Sales, Profit and Market Share Drop

From PC World: Nokia reported fourth-quarter sales down about 19 percent year on year. The company sold fewer phones than a year earlier, and its market share also dropped, it said Thursday.

Sales for the last three months of 2008 totalled €12.7 billion (US$17.9 billion as of Dec. 31, the last day of the period reported), lower than analysts had expected.

The economy has continued to worsen, and that has affected the mobile industry, according to Nokia.

Sony warns of first loss in 14 years

From CNET News.com: The company, which blamed the loss on sliding demand for its products and a stronger yen, said it will detail plans to restructure late Thursday, according to a Reuters report. The warning follows reports Wednesday that Sony plans to close two television factories in Japan and shed 2,000 jobs.

Sony also said it expects to post a net loss of $1.65 billion in the fiscal year ending March 31. In October, the company predicted a $1.65 billion profit.

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