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.

Intel Halts Production at Two Fabs, Closes Two Other Facilities

From DailyTech: The Cavite facility in the Philippines is actually two buildings next to each other, known as CV1 and CV2. CV1 had the capability to handle wafer sizes in 200 and 300mm in its 268,000 square foot clean room, while CV2 could only handle 200mm in its smaller 149,000 sq. ft. clean room. CV1 was built in 1997, while CV2 was built in 1998 and handled mostly flash memory processing, which has been made redundant due to Intel exiting that business line.

PlayStation 3 Firmware Version 2.60 Now Live

From DailyTech: The latest firmware update for the PlayStation 3 version 2.60 is now live. The update primarily focuses on improving the PlayStation 3’s media capabilities. The update provides the user with a variety of new tools for sorting through and displaying your digital photo collection. Eric Lempel, Director of PlayStation Network Operations, provides a video demonstration of the new photo gallery functionality.

Apple Updates White MacBook to Aluminum Version Specs

From DailyTech: When Apple updates its products or even sets a date for a press conference, the tech world and fans of Apple hardware around the world listen up. For a long time if you wanted an aluminum notebook from Apple, you had to pony up for the larger MacBook Pro.

Seagate to issue fixes for troublesome hard drives

From InfoWorld: Seagate will issue fixes soon for faulty firmware that is causing several models of the company's hard drives to freeze, it said Wednesday.

The models due for a fix are the Barracuda 7200.11, DiamondMax 22 and the SV35, said company spokesman Ian D. O'Leary.

On Friday, Seagate posted new firmware for the Barracuda ES.2, another model also affected by the problems.

Microsoft delays Vista SP2, says report

From InfoWorld: Microsoft has delayed Windows Vista SP2 (Service Pack 2) by at least a month, and will now ship it to manufacturing sometime in May or June, according to a Web site that has accurately predicted Windows release dates in the past.

Sony to Shut Japan TV Plant, Cut Financial Forecast

From PC World: Sony will disclose on Thursday how a restructuring plan announced in December will hit its domestic operations in Japan, the Nikkei business daily reported Thursday morning.

Yahoo tries harder to screen out spam

From CNET News.com: Yahoo has signed a deal with start-up Abaca to help curtail spam on Yahoo Mail and has begun using Return Path technology to let companies know when and why their legitimate e-mail is being blocked.

Mark Risher, Yahoo's "anti-spam czar," described the move on the Yahoo Mail blog on Tuesday. He also described other efforts to cut down on spam:

Intel to close plants, up to 6,000 workers affected

From CNET News.com: Intel said on Wednesday it will close chip plants to align its manufacturing capacity to current market conditions. Between 5,000 and 6,000 employees will be affected.

The world's largest chipmaker will halt production at five "older" factories.

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