News from Technology, BusinessWeek

MTN Profit Falls as Rand Gain Hurts Foreign Income (Update1)

Thu, 11 Mar 2010 07:10:12 +0000

MTN Group Ltd., Africa’s largest mobile-phone operator, said full-year profit fell after South Africa’s rand gained, reducing income it earns from abroad when converted back into the local currency.
Originally posted 2009-09-24 19:50:00. Republished by Old Post Promoter

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Telstra’s ‘Too Cheap to Ignore’ Shares Rise in Sydney (Update2)

Thu, 11 Mar 2010 05:21:00 +0000

Telstra Corp., Australia’s largest phone company, rose for a second day in Sydney trading extending gains in the period to the most in nine months after Morgan Stanley analysts said the stock was “too cheap to ignore.”

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Telstra’s ‘Too Cheap to Ignore’ Shares Rise in Sydney (Update1)

Thu, 11 Mar 2010 04:33:44 +0000

Telstra Corp., Australia’s largest telephone company, rose for a second day in Sydney trading after Morgan Stanley analysts said the stock was “too cheap to ignore.”

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Did J&J Plan to Break Rules?

Thu, 11 Mar 2010 04:05:33 +0000

Its aggressive marketing campaign for Risperdal has caused an explosion of litigation

Original post by BusinessWeek.com -- Technology and software by Elliott Back

CA Agrees to Buy Nimsoft for $350 Million in Cash (Update3)

Wed, 10 Mar 2010 22:25:00 +0000

CA Inc., the second-largest maker of software for mainframe computers, agreed to buy closely held Nimsoft Inc. for about $350 million to expand in cloud computing.

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Sidewiki: One Big Google Headache?

Wed, 10 Mar 2010 20:38:07 +0000

Bloggers are concerned the new commenting tool will siphon away traffic and discussion; it may also get bombarded by phishing, spam and porn

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Originally posted 2009-09-24 19:50:00. Republished by Old Post Promoter

CA Agrees to Buy Nimsoft for $350 Million in Cash (Update1)

Wed, 10 Mar 2010 20:38:06 +0000

CA Inc., the second-largest maker of software for mainframe computers, agreed to buy closely held Nimsoft Inc. for about $350 million in cash to expand in cloud computing.

Original post by BusinessWeek.com -- Technology and software by Elliott Back

America Movil Plans to Pay Dividend, Buy Back Shares (Update2)

Wed, 10 Mar 2010 20:33:00 +0000

America Movil SAB plans to pay a one-time dividend and buy back more of its stock, rewarding investors as the Latin American wireless carrier pursues the region’s largest acquisition this year.

Original post by BusinessWeek.com -- Technology and software by Elliott Back

Google Opens App Store to Attract Developers

Wed, 10 Mar 2010 20:21:00 +0000

Google Inc., owner of the most popular Internet search engine, opened an online store that helps developers of business software sell their own programs.

Original post by BusinessWeek.com -- Technology and software by Elliott Back

FTC Said to Ask Google Rivals for Statement on AdMob

Wed, 10 Mar 2010 20:15:00 +0000

U.S. regulators are seeking sworn declarations from Google competitors and advertisers as part of their probe the company’s bid to buy AdMob

Original post by BusinessWeek.com -- Technology and software by Elliott Back