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Technology News
Technology
Alternative energy down on the farm: A still-untapped resource
As the federal government hands out billions of dollars to subsidize, push, prod and canoodle companies into jump-starting a green revolution in the U.S., one segment of the economy has been more or less left out. That would be farmers. The U.S. Department of Agriculture has gotten only a few tens of millions of dollars to underwrite grants and programs to promote rural alternative energy projects.Still, acccording to the AP, the ranks of farmers who are producing their own power is increasing. But what's even more striking is how few now do so, considering the nature of their business and their access to precious energy commodities such as large acreage...
Tom Sosnoff: A Q&A with the $600 million man behind Thinkorswim
By Daleela Farina
| Nov 8th 2009, 6:00PM EST
Filed Under: Technology, Economy, People, Investing, Media, Southwest Airlines
In an era when so many things have gone so wrong on Wall Street, the story of options trader Tom Sosnoff stands out as one thing that's gone right. Sosnoff is co-founder of online brokerage firm Thinkorswim, the top-rated online broker in Barron's and one that's amassed some $3.6 billion in client assets from more than 70,000 trading accounts over the course of a decade.Sosnoff, who spent 10 years as an options-market maker at the Chicago Mercantile Exchange, created Thinkorswim in 1999 and sold it this year to TD Ameritrade (AMTD) for more than $600 million. Now
New Twitter features suggest ad-based financial future
By Tom Johansmeyer
| Nov 8th 2009, 10:10AM EST
Filed Under: Internet, Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Media World, Technology
The Twitter ecosystem may be changing constantly, but most of that comes on the back of individual developers and outside companies. They beat on Twitter APIs to create new products that may win them glory, recognition or cash. Over the past month, though, Twitter itself has gotten into the game, releasing or announcing a handful of new features.
A new function for "retweeting" (echoing another's tweet to your own followers), changes to how trending topics are managed, and the ability to create lists are new tools intended to engage users ... on the Twitter.com...
Sun Mircosystems's poor quarterly results justify Oracle's concerns
By Douglas McIntyre
| Nov 7th 2009, 1:00PM EST
Filed Under: Technology, Earnings, Oracle, Sun Microsystems
Oracle, (ORCL) which is trying to buy Sun Microsystems (JAVA) for $9.50 a share, has been concerned that the smaller company's financial position will be hurt by delays in the acquisition. On Friday, Sun filed its 10-Q report with its results for the third quarter, and the numbers proved that Oracle was correct to be concerned.
Sun lost $120 million in the period or $0.16 a share. In the same period a year ago, the company lost $1.68 billion, but it took at $1.5 billion "impairment...
Massucci's Take: Google Wave is email for the next generation
By Anthony Massucci
| Nov 7th 2009, 11:00AM EST
Filed Under: Company News, Technology, Columns, Google , Facebook
There is a lot of buzz these days over a new product called Google (GOOG) Wave. Some are under the false impression that it's the next Twitter, but this new tool from Google is very different. Think of it as a real-time collaboration tool that includes, among its many features, email on steroids.Greg Dalesandre, Google Wave product manager, in an online video, describes Wave as a "shared space," where users can communicate using text, videos, photos and maps. So you can have a conversation while working on a document with a group of people in another city -- or in...
Verizon Droid unleashed on NYC: 'We're gonna need more phones'
By Sam Gustin
| Nov 6th 2009, 4:40PM EST
Filed Under: Company News, Technology, Google , Motorola, Apple, Verizon
After weeks of build-up, Verizon Communications's (VZ) Verizon Wireless unleashed its new Google (GOOG)-powered Droid smartphone on Friday, and New York City retailers were selling out of the device -- billed as the first legitimate challenger to Apple's (AAPL) iPhone's first legitimate challenger -- on the first day."We're...
Apple really needs a better iPhone answer to Google Navigation killer app
By Alex Salkever
| Nov 6th 2009, 1:30PM EST
Filed Under: Technology, Investing, Google , Research In Motion, Apple, AT&T, Verizon
Lots of people claim that Apple's (AAPL) iPhone is the first smartphone to really unleash the potential of the Internet on a handset. And they are right. iPhone users suck up so much more Web time than Blackberry (RIMM) users (even though far more Blackberry units have been sold over time) that Apple partner AT&T (T) has struggled to handle the load and, by many indications, still can't keep up. But let's not forget that the iPhone's Web utility was...
Road Warrior: My first ride on the Airbus 380, one heck of a plane
Imagine being able to fetch water when you need it mid-flight? Or grab a snack between meals? As I found recently, you get a bit more freedom within the confines of the walls of the largest commercial aircraft.My first flight aboard the gigantic Airbus 380 was approached with hesitance and fear of spending the next half-day in a middle seat. That's a fear, I'm sure, we've all had at least once in the past. My fear tempered when I spotted a window-seat behind my assigned row. The last row, but a window in the last is much better than a middle in the second-to-last!
Beatles remasters pulled from BlueBeat after 'psycho-acoustic' defense fails
Facing a contempt of court charge, BlueBeat.com, an obscure music website, has yanked Beatles remasters off its site after EMI, the band's record label, sued for copyright infringement, though some non-remastered Beatles albums and songs are apparently still available on the site. EMI had charged that BlueBeat "engaged in music piracy of the most blatant and harmful kind," naming Hank Risan, of Santa Cruz, Calif., as the head of the operation. As the songs came down, more details emerged about BlueBeat's "psycho-acoustic simulation" defense, which U.S. District Judge John F. Walter practically...
Windows 7 is off to a strong start: Will corporate buyers follow suit?
By Alex Salkever
| Nov 6th 2009, 11:30AM EST
Filed Under: Company News, Technology, Google , Microsoft, Apple
Microsoft's (MSFT) new Windows 7 operating system has launched with a sales boom. In its first weekend, sales were 234 percent higher than what predecessor Windows Vista racked up, according to retail sales measurement company NPD Group. That's a very strong sign for Microsoft, considering that the holiday sales cycle hasn't kicked in yet and there were no major external catalysts, such as back-to-school sales, to stimulate purchases.Far more important...
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