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Virtual world celebrates Obama's win
AP - From YouTube to Flickr, from Facebook to Twitter, images and sentiments from celebrations across the nation flooded into the Internet's media-sharing sites, just moments after Barack Obama clinched the presidential election.
Microsoft looking to China to create new products
AP - Microsoft Corp. expects its Beijing research center to start producing breakthroughs that could lead to global products in health care and other areas, the software giant's chief research officer said Wednesday as the center marked its 10th anniversary.
Video games to become UK's top entertainment form
Reuters - Video games are expected to outsell music and other video products this year for the first time, making them Britain's number one form of entertainment, research by retail experts said on Wednesday.
Google withdraws from search ad deal with Yahoo
Reuters - Google Inc canceled plans for a search advertising partnership with Yahoo Inc amid opposition from antitrust regulators and advertisers, Google's chief legal officer said in a blog posting on Wednesday.
Adobe Reader Patch Fixes Remote-Control Vulnerability
NewsFactor - Adobe Systems has released a security fix to address eight major vulnerabilities in version 8.12 of its free Adobe Reader application. The flaw was first reported to Adobe five months ago.
Apple Botches Staff Shifts, Needs To Calm Angry IBM
NewsFactor - There's more shaking in the world of high technology than budgets and IT workers. Apple lost two vice presidents to personal issues and gained an IBM executive to lead the iPhone and iPod charge. But IBM is suing Apple's new employee in a New York court.
Amazon tries to take window shopping online
AP - Shopping online can be great for bargain hunting, but it's not usually thought of as a feast for the senses. A new Amazon.com Inc. site is trying to change this, though, by showcasing some items in a multimedia setting.
Media company IAC posts loss after spinoffs
Reuters - IAC/Interactive Corp, the Internet media company, posted a third-quarter loss on Wednesday after spinning off four of its key businesses, but better-than-expected revenue helped push its stock higher.
FCC Opens TV White Space for Wireless Broadband
NewsFactor - The Federal Communications Commission voted unanimously Tuesday to allow long-range Wi-Fi service using white space, the unused portions of the electromagnetic spectrum between television signals.
Microsoft extends helping hand to Internet startups
AFP - Microsoft on Wednesday launched a program to help fledgling Internet companies by giving them free access to software, tech support and introductions to its business partners around the world.
IAC reports loss in 3Q but shares soar
AP - IAC/InterActiveCorp said Wednesday it swung to a third-quarter loss because of expenses from the former Internet conglomerate's August split into five publicly traded companies.
5 strategies to save online when holiday shopping
AP - Shopping online used to be about convenience. This holiday season, make it about saving money.
Windows 7 takes center 'stage'
CNET - Correction, 10:33 a.m. PST: This story initially misstated when a Windows 7 feature-complete beta will be available. It is early 2009.
Location, location, location — and broadband
AP - Adam and Anita Paulk had a nice home outside Temple, Texas, with a big yard and a 10-minute commute to his job. But in Internet terms, the house was on Slow Lane. There was no high-speed Internet connection available.
Kapow mashup server adds management integrations
InfoWorld - Kapow Technologies is adding enterprise management backing and enhanced RSS and AJAX capabilities to its mashup server technology.
AMD cutting 500 workers, 3 pct of staff
AP - Advanced Micro Devices Inc. says it's cutting 500 workers, or 3 percent of its global staff, to help the struggling chip maker return to profitability.
Intel Calls Core i7 World's Fastest, Sets Launch Date
PC Magazine - Intel will launch the Core i7 'Nehalem' microprocessor on Nov. 17, according to an emailed invitation sent Wednesday to reporters. It will be the fastest processor on the planet, the company claims.
Pity the Bluetooth headset this holiday season
Reuters - So what's the least desired electronic gadget this holiday season?
Cisco warns of demand shortfall; earnings flat
AP - Cisco Systems Inc., the world's largest maker of computer networking gear, warned Wednesday that orders fell off abruptly in October and projected a large fall in sales in the current quarter. Its shares slid in after-hours trading.
Global broadband prices down 20 percent in 2008
AP - Prices for residential high-speed Internet service are down 20 percent globally from the start of the year, according to a British research firm.
Firefox 3.1 will Have a Private Browsing Mode
NewsFactor - Mozilla is adding a private browser feature to its forthcoming Firefox 3.1 release. Private browsing aims to help users make sure their Web browsing doesn't leave traces on their computers, said the function's developer, Ehsan Akhgari.
Microsoft BizSpark Supports Software Startups
NewsFactor - Microsoft is giving startup software companies an early holiday gift by offering access to Microsoft software and development tools, marketing and technical support, and industry experts.
Apple boosts payroll 48 percent in fiscal 2008
AP - Apple Inc. boosted the number of workers on its payroll by 48 percent in the 2008 fiscal year, a period that saw robust iPod sales and the staggeringly successful launch of a new iPhone.
AOL advertising revenue falls even as rivals gain
AP - AOL suffered another setback in its bid to become an advertising-focused company as online ad revenue dropped 6 percent during the third quarter, while its chief rivals saw gains despite a weak economy.
UBS sees wireless growth slowing in 2009
Reuters - Subscriber growth for U.S. service providers could be about 30 percent weaker next year than in 2008 due to weakening consumer spending, according to a research report from UBS.
LinkedIn cuts 10 percent of workforce
Reuters - LinkedIn, the career-oriented, social networking website, is laying off 10 percent of its staff in the latest sign that the economic slowdown is impacting in Silicon Valley.
Yahoo CEO to Microsoft: Make us another offer
AP - Yahoo CEO Jerry Yang says he is willing to sell his company to Microsoft if the software maker returns to the bargaining table.
New Springsteen album due in January: report
Reuters - Bruce Springsteen's next album is expected for release around the time of Barack Obama's presidential inauguration in January, according to the fan Web site Backstreets.com (http://www.backstreets.com).
Activision posts better-than-expected earnings
Reuters - Video game publisher Activision Blizzard Inc posted better-than-expected third quarter earnings on Wednesday, fueled by sales of 'Guitar Hero: On Tour', and said it plans to buy back $1 billion of its stock.
As the Mac turns: MacBook Air delayed, Mac Mini coming soon?
CNET - Apple customers awaiting their new MacBook Airs may have to wait a little longer than they had thought, but potential Mac Mini customers should sit tight.
LinkedIn cuts 10 percent of its workforce
CNET - Business-focused social-networking site LinkedIn announced Wednesday that it is cutting 10 percent of its workforce, or about 36 jobs, as part of a restructuring to focus on its revenue-producing businesses.
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