| Business News |
NBC Universal, partners to buy Weather Channel
(Reuters)
 Reuters - NBC Universal and private equity
firms Bain Capital and Blackstone Group said on Sunday they
agreed to buy The Weather Channel from Landmark Communications.
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Coca-Cola agrees to $137.5 mln settlement in case
(Reuters)
 Reuters - Coca-Cola Co agreed to pay
$137.5 million to settle a shareholder lawsuit that claimed the
world's largest soft drink maker artificially inflated sales to
boost its stock price, according to court documents.
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BP's rivals shift in Russian tussle
(Reuters)
 Reuters - The fate of the second biggest foreign
investment in Russia hangs in the balance amid signs of a
shifting mood in the Kremlin which may have wrong-footed
investors and one of the world's biggest oil companies.
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Toyota to add solar panels to Prius hybrid: Nikkei
(Reuters)
 Reuters - Toyota Motor Corp (7203.T) plans to
install solar panels on its next-generation Prius hybrid cars,
becoming the first major automaker to use solar power for a
vehicle, the Nikkei business daily reported on Monday.
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Is capitulation on the cards?
(Reuters)
 Reuters - Profit warnings, breaches of key index
levels, record oil prices, stressed consumers and investors
seeking safety provide the background for markets this week,
and many people are wondering how long this will all last.
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China premier: Continue inflation fight
(AP)
AP - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday.
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| Cisco expands TelePresence offering - 12, May 2008 |
NEW YORK (Reuters) - Network equipment maker Cisco Systems Inc on Monday unveiled an expansion of its high-end video conferencing series to include a simpler, cheaper version as well as one targeting big groups.
The company introduced a video conferencing system called TelePresence in 2006 featuring life-size, high-definition screens and easy-to-use dial-in features.
Sales, which had initially been limited to a number of global companies, have been picking up. Rivalry with other video conferencing providers has also heated up as more companies expand globally and seek to cut travel costs.
Cisco said the new products would broaden the system's appeal. The TelePresence System 500 will be suited for personal use and, at a list price of $33,900, cost less than half the previously most basic version, TelePresence 1000, which was designed for about two people to a unit.
"We expect the 500 to be the volume product for sure, pretty soon. That's because people will put it in their home offices, small businesses, private offices, kiosks and branches," said Charles Stucki, vice president of Cisco's TelePresence business unit.
The Cisco 3200, also unveiled on Monday, will be able to host larger groups and will be offered as a step up from the TelePresence 3000, which was designed for six people. The new product will triple capacity and cost $340,000, compared with $299,000 for the 3000.
Stucki said the 3200, which features new microphone and camera lens technology to handle more participants, would be useful for training and large meetings.
The announcement comes after Cisco announced a tie-up with the top U.S. phone company, AT&T Inc, last month to sell TelePresence together, a move that boosted its sales force.
Rivals include Hewlett-Packard Co, Polycom Inc and Teliris. Verizon Business, a unit of Verizon Communications Inc and an AT&T rival, also offers some video conferencing services.
(c) 2008 Reuters
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| Other news from Technology category: |
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BOSTON, Massachusetts (Reuters) - From online courses to kid-friendly laptops and virtual teachers, technology is spreading in America's classrooms, reducing the need for textbooks, notepads, paper and in some cases even the schools themselves.
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SEOUL (Reuters) - These days when customers walk into electronics stores, the first question they ask is how much electricity the fridge, washing machine or laptop computer they are contemplating buying consumes.
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TOKYO (Reuters) - Japanese private broadcaster TV Asahi Corp aims to ally with an information technology and telecoms firm by the end of the year and is open to a capital tie-up, its president said.
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SEOUL (Reuters) - South Korean flat screen maker LG Display Co and two smaller Taiwanese rivals are set to post profits for the second quarter that more than trebled thanks to strong demand for TVs and tight supplies of PC panels.
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NEW YORK/SAN FRANCISCO (Reuters) - A U.S. judge's order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy.
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NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, Idaho, next week.
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SAN FRANCISCO (Reuters) - Just how many "brains" does your personal computer need, anyway?
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LOS ANGELES (Reuters) - If "American Idol" and a modern fairy tale combined to create a video game, you'd get "Boogie SuperStar" -- Electronic Art's latest game for the Nintendo Wii system.
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LONDON (Reuters) - British computer games retailer Game Group smashed first-half profit forecasts, boosted by new releases like Grand Theft Auto IV and Wii Fit, but its shares slumped on concern that demand has peaked.
More
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WASHINGTON (Reuters) - The U.S. Air Force is sending its top-of-the-line F-22 Raptor fighter jet across the Atlantic for the first time, showcasing its capabilities even as it remains off limits for export and its production line is threatened at home.
More
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| Software News |
'Containers' Out Perform Virtualization For KV Pharmaceuticals
(TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.
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Nokia 6220 Smartphone Released
(TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
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Microsoft Hopes Office Subscription Plan Will Counter Free Software
(TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.
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Three Startups To Solve SaaS Integration Problems
(TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.
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Blogger Opinion: Why We Left NetSuite
(NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
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Krugle enhances code search appliance
(InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.
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