Barnes & Noble Posts Quarterly Loss Thanks to Nook, E-Books

From DailyTech: Barnes & Noble suffered a sizable loss in the third quarter due to a sales drop in its Nook and e-books business.

Barnes & Noble reported a net loss of $6.1 million (18 cents per share) compared to its profit of $52 million (71 cents per share) in the year-ago...

Seagate to Cease Production of 7200rpm Mobile Hard Drives This Year

From X-bit Labs: Seagate Technology, one of the world’s largest manufacturers of hard disk drives, plans to cease production of mobile hard drives with 7200rpm spindle speed late this year as the mainstream market demand will shift to different products, such as solid-state hybrid...

iCloud nearly back to normal after early morning outage

From CNET News.com: Apple's iCloud had a major outage this morning, but things are slowly but surely returning to normal.

The outage was reported this morning on Apple's Status page, showing that 11 percent of users were affected. All of iCloud's services, including Mail support...

Sprint Closes on Acquisition of Clearwire With $80M USD Loan

From DailyTech: Sprint Nextel Corp. (S) is perhaps the most intriguing force in the U.S. telecommunications market. While it's currently performing miserably, bleeding customers and revenue, it's also in a process of evolution that could make it a leaner, more competitive power...

AMD: We Will Sell PlayStation 4-Like APUs on Open Market

From X-bit Labs: Advanced Micro Devices reaffirmed plans to sell accelerated processing units with Jaguar x86 cores and Radeon HD “GCN” graphics technology on open market. While those APUs will not be as powerful as the one that AMD developed for Sony Corp.’s PlayStation 4 game...

Nokia Develops Mobile Phone for $20 with 35-Day Battery Life

From X-bit Labs: Nokia Corp. at the Mobile World Congress unveiled the Nokia 105, its most affordable phone to date, and the Nokia 301, its most affordable cell phone with Internet and email access and camera. The phones will be available in different parts of the world in the second...

Samsung, Intel's Tizen OS makes splashy intro at MWC

From CNET News.com: The upstart mobile operating system, shepherded into development by Samsung Electronics and Intel, made a splashy debut at an event at Mobile World Congress.

The operating system is seen as a potential alternative to the dominance of Android, and has been...

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