Newswatch 1.24.08: Gates calls for creative capitalism
MSFT up 79% on Vista, Office sales
[WSJ] Microsoft Corp. posted a 79% jump in quarterly net income from a year ago, when results were lowered by deferred sales of Windows Vista and Office. Quarterly revenue jumped 30% amid a surge in sales for the Windows operating system and holiday sales of the Xbox 360 videogame console.
Gates touts creative capitalism at Davos
[Seattle PI] "We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well," he told an auditorium packed with corporate leaders and politicians at the annual meeting of the World Economic Forum. "I like to call this idea creative capitalism."
Nokia has 40% market share
[BizWeek] Nokia extended its already formidable dominance of the global handset business on Jan. 24, announcing it had achieved 40% market share in the fourth quarter of 2007. But perhaps the biggest surprise was the Finnish company achieved that long-promised and psychologically important milestone while also becoming more profitable.
Global music sales fell 10 percent
[Reuters] Global digital sales grew by around 40 percent in 2007, the IFPI group said, but this was not enough to offset the sharp fall in CD sales, meaning the overall market is expected to be down around 10 percent for 2007.
Via pushes for the mainstream with Isaiah processor
[PCW] Via Technologies offered the first detailed look at its upcoming Isaiah processor architecture Thursday, showcasing technological and performance improvements that will determine whether or not the company can make it as a mainstream processor vendor.
AT&T offers free Wi-Fi for broadband subscribers
[News.com] Free Wi-Fi will be offered only to AT&T broadband subscribers who subscribe to services with 1.5Mbps downloads or higher. Subscribers who only have the company's wireless service will not be offered free Wi-Fi.
Picture frames come with viruses to infect PCs
[News.com] Best Buy is warning customers who purchased its Insignia 10.4-inch Digital Picture Frames that their device may be harboring a virus, according an advisory posted on its Web site over the weekend.