From CNET News.com: Amazon may be looking to cut into Netflix's action by launching a new video streaming service.

Citing information from industry sources, The New York Post said that the new service would expand beyond Amazon's current Instant Video by launching as a standalone...

From CNET News.com: Intel is buying video patents and software from RealNetworks for $120 million, giving the chipmaker new muscle in a market that's increasingly important but filled with intellectual-property obstacles.

RealNetworks is selling about 190 patents, 170 patent...

From DailyTech: Despite the turbulent year much of 2011 turned out to be for Netflix, the video streaming giant reported impressive fourth-quarter earnings with a nearly 50 percent revenue increase since Q4 2010.

In the three months ended December 2011, Netflix posted a revenue of...

From X-bit Labs: Nintendo plans to release its next-generation Wii U game console across the world by the end of this calendar year. The company intends to make Wii U available for the year-end shopping season, but it is likely that the console will still be launched in Japan earlier...

From X-bit Labs: Intel Corp.'s so-called "tick-tock" model of transitioning to new manufacturing processes and micro-architectures has proved to be very efficient in making Intel the maker of the highest-performance microprocessors. Apparently, its smaller rival Advanced Micro...

From PC World: Advanced Micro Devices reported a fourth-quarter net loss Tuesday on weak sales of graphics chips and charges related to a restructuring.

AMD reported a loss of US$177 million for the quarter ended Dec. 31, compared to a profit of $375 million in the same quarter a...

From CNET News.com: LG's Optimus LTE phone is proving to be a hot seller around the world, racking up more than 1 million unit sales.

Debuting in South Korea last October, the phone grabbed sales of 600,000 units in its native country during the first three months.

From there, the...

From DailyTech: It's beginning to become a broken record when reporting on Apple's quarterly earnings, but the boys from Cupertino have done it again. Apple today announced its earnings for fiscal Q1 2012 and the results are as usual very impressive.

The company reported net profit...

From DailyTech: Maybe Sprint Nextel Corp.'s (S) bold iPhone gamble wasn't such a bad idea after all. At a time when many predicted Apple, Inc. (AAPL) to be fading in the smartphone race after getting outsold by Samsung Electronics Comp., Ltd.'s (KS:005930) slick Android handsets...

From X-bit Labs: Nvidia Corp. on Wednesday announced that it expects revenue for the fourth quarter ending January 29, 2012, to be lower than the company's previous outlook provided back in October. The developer of multimedia chips blames shortages of hard disk drives as well as...