DBS Group (DBSM.SI), Southeast Asia’s biggest bank, said it was well positioned to grow its Asian business after posting a forecast-beating 67% rise in quarterly profit, dodging significant losses from Dubai.
This was DBS’s first results under new chief executive Piyush Gupta, who investors are hoping will herald the Singapore lender’s expansion outside the city-state and Hong Kong and guide the bank to build a formidable Asian business.
VMware reports its revenue increased 18 percent to $608 million in the fourth quarter, substantially above the average analyst forecast of $554 million. The virtualization company also reports profit of 31 cents a share, which beat the average analyst forecast of 26 cents.
– Virtualization software maker VMware on Jan. 25 dazzled Wall Street with its
quarterly results and cautiously predicted that its sales and licensing income
growth could more than double in 2010 over the previous year if the economy
continues to improve.
Revenue for the company increased 18 per…
Google reports fourth-quarter earnings and sales that trumped analysts’ expectations, with profit of $1.97 billion, or $6.13 a share. Excluding stock-based compensation, Google garnered an EPS of $6.79 on sales of $4.95 billion. Wall Street analysts had expected Google to report sales of $4.9 billion on EPS of $6.50. Google CEO Eric Schmidt talked about Google’s future investments, noting that people were the primary investment, particularly top-notch computer engineers, programmers and researchers. Expect more acquisitions in 2010.
– Google’s fourth-quarter earnings and sales trumped analysts’
expectations Jan. 21, with the search engine reporting a fourth-quarter 2009
profit of $1.97 billion, or $6.13 a share.
The profit hike for the fourth quarter of 2009 was roughly five times that
of the same quarter one year ago, when G…
Oracle reports a quarterly profit above Wall Street expectations. The world’s No. 2 business software maker and database giant posts an unexpected increase in sales of its computer programs.
– BOSTON, Dec 17 (Reuters) Oracle Corp. reported
quarterly profit above Wall Street expectations as the world’s
No. 2 business software maker posted an unexpected increase in
sales of its computer programs.
The earnings report lifted shares in Oracle by a dollar, or
4.3 percent, to $23.88.
Th…
The Motorola Droid smartphone tops Time’s list of Top 10 Gadgets for 2009. The Barnes Noble Nook e-reader mobile device takes second place, while the Apple iPhone 3GS places fourth.
– In a win for Motorola, Google and Verizon Wireless, Time has put the Motorola Droid
at the top of its 2009 quot;Top 10 Gadgets quot; list.
While a slew of smartphones running Google’s Android mobile operating system
have arrived in the United States
in the last few months, the Droid is leading…
Hewlett-Packard still reigns, but Acer topped Dell to become the number two PC maker in the third quarter. It was a first for an Asian OEM – and only one of three milestones during the quarter. Amid soaring numbers, Lenovo placed fourth, followed by Toshiba.
– In the global PC market, Taiwans Acer bested Texas-based Dell during the third quarter of 2009. It was the first time an Asian OEM has captured the number two market share position on a quarterly basis, according to research firm iSuppli.
Acer rose to second from third place, with shipments ris…
Hewlett-Packard still reigns, but Acer topped Dell to become the No. 2 PC maker in the third quarter. It was a first for an Asian OEM – and only one of three milestones during the quarter. Amid soaring numbers, Lenovo placed fourth, followed by Toshiba.
– In the global PC market, Taiwans Acer bested Texas-based Dell
during the third quarter of 2009. It was the first time an Asian OEM
has captured the No. 2 market share position on a quarterly
basis, according to research firm iSuppli.
Acer rose to second from third place, with shipments r…
The Droid smartphone, which has been described as handsome, masculine and industrial, appears to have made Motorola a hit among men. BrandIndex found Motorolas buzz scores to be on the rise, during a period that Apples and BlackBerrys fell.
– In a recent measure of “buzz” among men 18 and older,
Motorola was on the rise, while both Apple and BlackBerry fell, according to
data from YouGovs BrandIndex, which interviews 5,000 people each weekday to
gauge consumer brand perception on a day-to-day basis.
The popularity boost l…
Frenchman Gregory Bourdy produced a three-under-par 67 to win the co-sanctioned Hong Kong Open by two strokes from Rory McIlroy on Sunday. Overnight leader Bourdy finished on a 19-under-par total of 261 at Fanling for his third European Tour title and a cheque for €279,288 (Dh1.52bn). It also
Google won the battle with Microsoft for the right to move Los Angeles’ 30,000 municipal employees to its e-mail system, knocking out Novell’s GroupWise platform for the $7.25 million contract. The city plans to complete implementation of the Google system by June and will begin with a pilot period during which a limited number of employees will test the system. However, the contract comes with a caveat. Google must compensate the city if its e-mail service is breached and data is stolen. The Los Angeles Council voted to add the penalty provision 9-3. Consumer advocates applauded this motion.
–
Google unanimously won the battle with Microsoft for the
right to move Los Angeles’ 30,000 municipal employees to its e-mail system, knocking
out Novell’s GroupWise platform for the $7.25 million contract.
The Los Angeles City Council voted 12-0 Oct. 27 in favor
of using Gmail ove…
Storage company EMC reports overall third-quarter revenue is down 5 percent from a year ago. Nonetheless, EMC, which predicted overall 2009 earnings of 87 cents per common stock share, posted a performance that surpassed most Wall Street expectations in the slow-moving world economy.
– External storage market leader EMC
reported Oct. 22 that it banked $298 million in profit in the third quarter on
total revenue of $3.52 billion, but also that its profit was $95 million or 24
percent less than a year ago.
Overall revenue was down 5 percent from a year ago. Nonetheless, EMC,
…
Yahoo announces that its quarterly profit more than tripled as cost cuts and asset sales more than offset a continued decline in sales, sending its shares up 5 percent.
– SAN FRANCISCO (Reuters) Yahoo Inc’s quarterly profit more than
tripled as cost cuts and asset sales more than offset a continued
decline in sales, sending its shares up 5 percent.
Chief Financial Officer Tim Morse told Reuters the Internet company’s top advertisers were beginning to spend again.
…
Chinese state media confirmed Monday that a steel factory executive was beaten to death after thousands of workers gathered to protest the takeover of their company.
Watching the Sunday morning arguments about health reform, I was struck by how fortunate we are that Obama’s team snuck education reform into the stimulus bill.
Rock band Daughtry has outsold Michael Jackson and claimed the top spot in the US album chart.
Fronted by Chris Daughtry, the group went straight to the top of the Billboard 200 album chart with ‘Leave This Town’.
Singer Chris Daughtry was amongst the finalists on TV show ‘American Idol’, reports the BBC.
Daughtry’s album sold 269,000 copies [...]
Beats Antique New EP: Contraption Vol. 1
 Beats Antique |
Growing like wildfire under the canopy of live electonica and world roots music comes Beats Antique, a masterful merge of modern technology, live instrumentation and seductive performance. After only two and half years performing as a cohesive force, the group has just self released their third album, Contraption, Vol.1 which marks the first in a two-part EP series.
The EP can be downloaded here.
The seven-track dance floor ready EP is infused with orchestral textures and a worldly flare that has fans clamoring for more. Using only word-of-mouth marketing, Beats Antique’s new tracks have over 700 paid downloads and 20,000 plays on the EP in the first week of their self-release. There’s no doubt that the merge of old world instruments and live producing is on the rise and Beats Antique is helping leading the way.
For those who are unfamiliar with Beats Antique’s sound, the band combines the tones of the Middle East with the styles of hip-hop, brass band, downtempo, glitch and dub-step in a new collage of music that is mixed and broken down with clever breakbeats for an adept international flair. Beats Antique is producing an un-charted style of music by adding live horns, accordion, glockenspiel, viola, string quartets, kalimba, clarinet and various unusual instruments to their big beat arrangements.
Born of Oakland, CA, the musical trio consists of producers, David Satori, Sidecar Tommy and world-renowned belly dance performer/producer Zoe Jakes, who helped inspire the thematic Middle East tempo of the band.
Beats Antique Tour Dates:
07/31/09 Fri Faerie Worlds Eugene, Oregon
08/15/09 Sat Beloved Festival Tidewater, Oregon
08/31/09 Mon Burning Man Blackrock City, Nevada
09/12/09 Sat Monolith Festival Red Rocks, CO
09/19/09 Sat Symbiosis Gathering Yosemite National Park, CA
09/13/09 Sun Red Rocks Amphitheatre Morrison, CO
Serena Williams celebrated American Independence Day by beating sister Venus 7-6 6-2 with a crushing display of power tennis to win her third Wimbledon title on Saturday. Once five-time champion Venus dumped a backhand into the net on Serena’s fourth match point, the younger of the American
