Technology | MyFOX Spokane

Corning may make job cuts as part of cost cuts

Submitted by Fox First at Ten on October 24th

NEW YORK (AP) - Corning said Wednesday that it will likely cut costs, which may include "modest" job cuts, to support profit in a weakening economy. It's the latest manufacturer to warn that the slowing global growth is hurting its business. Weaker global growth hurt Corning's

Ahead of the Bell: Zynga gains on job cut plans

Submitted by Fox First at Ten on October 24th

NEW YORK (AP) - Zynga's stock rose 5 percent in premarket trading Wednesday after the online game company disclosed it was eliminating games, studios and jobs to cut costs. Zynga, which makes social media games including "FarmVille" and "Texas HoldEm Poker," said Tuesday that it will cut about

AT&T sees fewer new customers in 3Q

Submitted by Fox First at Ten on October 24th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - The flow of customers into AT&T's wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless. AT&T Inc. on Wednesday said it added a net 151,000 new customers on contract-based

EU sends Microsoft formal antitrust complaint

Submitted by Fox First at Ten on October 24th

By SARAH DiLORENZOAP Business Writer BRUSSELS (AP) - The European Union's executive arm formally accused Microsoft on Wednesday of failing to comply with a binding agreement to give customers a choice among Internet browsers. In 2009, the European Commission said it suspected Microsoft of

Ex-MapQuest executive's new startup launches app

Submitted by Fox First at Ten on October 24th

By CATHERINE TSAIAssociated Press DENVER (AP) - A new smartphone app lets small-business owners quickly scan competitors' Yelp reviews, Internet deals, and Facebook and Twitter updates, without necessarily having to "like" or "follow" their competitors online. The Denver-based startup

Nintendo trims red ink, lowers forecast for year

Submitted by Fox First at Ten on October 24th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Nintendo Co. narrowed its losses in the fiscal first half, but the Japanese game maker lowered its sales and profit forecasts for the full year ahead of the launch of its new Wii U home console. Nintendo, which did not break down quarterly results

LG Electronics post profit on smartphone sales

Submitted by Fox First at Ten on October 24th

By YOUKYUNG LEEAP Technology Writer SEOUL, South Korea (AP) - South Korean consumer electronics maker LG Electronics Inc. reported a third straight quarterly profit on Wednesday as sales of smartphones designed for faster wireless networks helped end losses at its mobile phone business. LG

News Summary: Netflix slashes subscriber forecast

Submitted by Fox First at Ten on October 24th

By The Associated Press SUBPAR SUBS: Netflix said it added 1.2 million U.S. video streaming subscribers in the third quarter, below analysts' forecasts, and trimmed its annual growth estimate from as much as 7 million additions to between 4.7 million and 5.4 million. STOCK SLUMP: Investors

News Summary: Facebook 3Q shows mobile ad growth

Submitted by Fox First at Ten on October 24th

By The Associated Press MOBILE GROWTH: As part of Tuesday's third-quarter results, the world's biggest social media company disclosed for the first time that some 14 percent of its ad revenue came from mobile advertising. THE NUMBERS: Facebook Inc. posted a loss of $59 million, or 2

Review: Mighty iPad Mini looks like a holiday hit

Submitted by Fox First at Ten on October 24th

By MICHAEL LIEDTKEAP Technology Writer SAN JOSE, Calif. (AP) - Apple's iPad Mini will bring a lot more excitement and a little more confusion to the holiday shopping season. It only takes a few minutes playing with the iPad Mini -which starts at $329- to realize the scaled-down tablet