GM says plug-in hybrid coming by early 2011 even if Saturn brand goes awayMay 6th, 2009 GM promises plug-in hybrid by early 2011DETROIT — General Motors' new product development chief says it will have a plug-in hybrid sport utility vehicle ready for fleet testing in early 2011. The SUV was supposed to be a Saturn Vue Green Line, but GM has announced it will sell or phase out Saturn by the end of this year.
Research In Motion shares retreat after UBS downgradeAugust 10th, 2009 RIM shares take a hit after UBS downgradeNEW YORK —Shares of Research in Motion Ltd. took a hit Monday after a UBS analyst downgraded the BlackBerry smart phone maker, saying that while the current quarter looks to be going well, the stock is nearing his target price.
Motorola 1Q loss widens, but beats Street; regains position as No. 4 cell-phone makerApril 30th, 2009 Motorola 1Q loss widens, but beats StreetNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regained its position as the world's fourth-largest maker of cell phones.
Motorola loss widens, but beats Street; analysts see worrisome signsApril 30th, 2009 Motorola loss widens; analysts see worrisome signsNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regaining its position as the world's fourth-largest maker of cell phones.
Sony cuts price of PlayStation 3 by $100 to $299, plans new, slim versionAugust 18th, 2009 Sony cuts price of PlayStation 3 by $100NEW YORK — After months of rumors and anticipation, Sony says it's slashing the price of the PlayStation 3 by $100 to $299. Sony Corp. said Tuesday it will cut the price of the currently available 80 gigabyte PlayStation 3 effective immediately.
iPhones to go on sale in China this year after China Unicom reaches deal with AppleAugust 28th, 2009 iPhones coming to China after Apple, Unicom dealHONG KONG — China Unicom Ltd. said Friday it will sell Apple Inc.'s iPhone in China this year, ending months of rumor about when the hit phone would make its long-delayed debut in the world's most populous mobile market.
Silent film-themed puzzle game 'P.B. Winterbottom' finds a home at 2K GamesAugust 26th, 2009 'P.B. Winterbottom' finds a home at 2K GamesLOS ANGELES — Matt Korba and his pals are busy turning his interactive media thesis project from a rudimentary silent film-themed video-game prototype into a fleshed-out puzzler featuring over 80 levels that will be available for download on Xbox Live Arcade early next year. That transformation is occurring in a small unassuming loft space above a chicken-wing eatery in downtown Los Angeles.
New iPhone goes on sale with more features, less dramaJune 19th, 2009 New iPhone goes on sale with less dramaNEW YORK — The new iPhone went on sale Friday morning, greeted by much smaller lines and less hoopla than previous models. A few hundred people were in line just before the 7 a.m.
Toyota reports larger-than-expected annual loss, forecasts even bigger losses this yearMay 8th, 2009 Toyota sees losses growing this yearTOKYO — Toyota is reporting a 436.94 billion yen ($4.41 billion) net loss for the fiscal year through March, a larger loss than it had forecast and its worst result in company history. Worse may be yet to come.
Sony cuts PlayStation 3 price around world, offers upgrade, could worsen earnings woesAugust 19th, 2009 Sony cuts PS3 price around world, offers upgradeTOKYO — Sony Corp. slashed the price of the PlayStation 3 around the world in a move that analysts said is likely to boost sales of the game console while not adding much to its money-losing earnings.
Toyota Prius Next Gen will Cost the same as Earlier!April 21st, 2009 No price hike on 2010 Prius; cheaper model to come
NEW YORK — Toyota Motor Corp. said it won't change the price tag on its next-generation Prius when the hybrid hits U.S.
Obama administration tries to address climate change and ethanol's greenhouse emissionsMay 5th, 2009 Administration addressing ethanol, climate changeWASHINGTON — The Obama administration renewed its commitment Tuesday to speed up investments in ethanol and other biofuels while seeking to deflect some environmentalists' claims that huge increases in corn ethanol use will hinder the fight against global warming. President Barack Obama directed more loan guarantees and economic stimulus money for biofuels research and told the Agriculture Department to find ways to preserve biofuel industry jobs.
Toyota reports worst annual loss since its 1937 founding _ and sees more red ink aheadMay 8th, 2009 Toyota sees losses deepening this yearTOKYO — Toyota Motor Corp. said it sank into a 765.8 billion yen ($7.74 billion) net loss for the January-March quarter, bringing its loss for the full fiscal year to a bigger-than-expected 436.94 billion yen — its worst annual loss ever.
US video game sales slide 23 percent in May for third straight month of declinesJune 12th, 2009 US video game sales slide 23 pct in MayLOS ANGELES — Market researcher NPD Group says U.S. video gamers spent less on games, hardware and accessories in May compared with a year ago.
Palm appoints former iPod whiz Jon Rubinstein as its new chief executiveJune 11th, 2009 Palm appoints ex-Apple whiz as CEOLOS ANGELES — Jon Rubinstein, a former executive behind Apple Inc.'s iPod, on Wednesday was named chief executive of smartphone maker Palm Inc., replacing Ed Colligan who is stepping down after 16 years with the company. The appointment, effective Friday, comes just days after Sunnyvale, Calif.-based Palm launched the $199 Pre, a well-regarded rival to Apple's blockbuster iPhone device.