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Adobe reports higher 3Q net income, revenue

Submitted by Fox First at Ten on September 19th

SAN JOSE, Calif. (AP) - Adobe Systems Inc., maker of such popular software as Adobe Reader and Photoshop, said Wednesday that its fiscal third-quarter net income inched higher, matching Wall Streets' expectations. But its earnings forecast was weaker than expected, and its shares slipped in

Sony plans slimmer PlayStation 3 before year end

Submitted by Fox First at Ten on September 19th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Sony Corp. is introducing a smaller, slimmer and lighter version of its PlayStation 3 home console ahead of the year-end holidays as it gears up for growing competition in games from smartphones. The announcement Wednesday from the Japanese

News Summary: Lenovo buys cloud computing firm

Submitted by Fox First at Ten on September 18th

By The Associated Press ACQUISITION: China's Lenovo Group is buying small U.S. software company Stoneware. THE FIT: Lenovo, the world's second biggest maker of personal computers, says buying Stoneware would help to enhance and expand its cloud computing business. The term refers to

China's Lenovo buys cloud computing firm Stoneware

Submitted by Fox First at Ten on September 18th

By KELVIN CHANAP Business Writer HONG KONG (AP) - China's Lenovo Group said Tuesday it's buying small U.S. software company Stoneware as it seeks to gain a foothold in the rapidly growing field of cloud computing. Lenovo, the world's second biggest maker of personal computers, did

How chips, PCs, services companies are faring

Submitted by Fox First at Ten on September 17th

By The Associated Press Personal computer makers have been scrambling to adapt to a technological upheaval unleashed by Apple Inc.'s line of sleek devices such as the iPhone and iPad and by a shift toward Internet-based software services instead of programs installed on individual machines

Evacuation order lifted after Ind. chemical fire

Submitted by Fox First at Ten on September 15th

MISHAWAKA, Ind. (AP) - Hundreds of northern Indiana residents returned home Saturday after spending the night at shelters, hotels or with relatives after a chemical fire at a vacant plant that's in the midst of a federally supervised cleanup ousted them from their homes. Mishawaka Battalion

Grief counselors help after tragic air race crash

Submitted by Fox First at Ten on September 13th

By MARTIN GRIFFITH and SCOTT SONNERAssociated Press RENO, Nev. (AP) - Mixed in with the hot-dog stands, souvenir T-shirt tents, barbecue pits and model airplanes is a different kind of booth this year behind the grandstand at the 49th annual National Championship Air Races. Race organizers have

How chips, PCs, services companies are faring

Submitted by Fox First at Ten on September 12th

Nev. air race goes on 1 year after deadly crash

Submitted by Fox First at Ten on September 12th

By SCOTT SONNERAssociated Press RENO, Nev. (AP) - The vintage World War II fighters roaring out of the Valley of Speed are as loud as ever, their colorful paint jobs as bright as the enthusiasm of the loyal aviation buffs who fill the grandstands in Reno. But it's not exactly business as

5 more charged in Ga. military militia case

Submitted by Fox First at Ten on September 11th

By RUSS BYNUMAssociated Press SAVANNAH, Ga. (AP) - Four former Army soldiers and a civilian have been charged in new indictments for connections to an anti-government militia that authorities say was led by Fort Stewart troops who stockpiled weapons and talked of ultimately overthrowing the U.S