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TiVo Q3 Revenue Jumps 139%

San Jose, Calif. – TiVo’s fiscal third quarter revenue, which includes the service and technology segments, increased 139 percent, hitting $12.7 million, up from...

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HP Q4 PC Sales Off 6%

Palo Alto, Calif. – Fiscal fourth quarter revenue in the personal systems group at Hewlett-Packard, which includes personal computers, notebooks and handhelds, hit $5.1...

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MusicNet, Pressplay Mark Advances

New York – Streaming/download service MusicNet is joining rival Pressplay in allowing authorized downloaded music to be burned to disc and transferred to secure...

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SD Web-site Launched

Las Vegas – Hoping to put additional marketing muscle behind the format, members of the SD Association announced at Comdex the creation of a...

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Staples Fis. Q3 Sales Increase 4%

Framingham, Mass. – Sales at the North American Retail segment of office supplies retailer Staples increased 4 percent in the company’s fiscal third quarter,...

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Home Depot Fis. Q3 Net Jumps 21%

Atlanta – The Home Depot has credited sales of major appliances, among other products, with pushing up the price of the average consumer purchase....

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Philips Upbeat On U.S. CE Operations

Amersterdam, The Netherlands – Royal Philips Electronics reported that a turnaround has begun for its U.S. subsidiary, Philips Consumer Electronics. During today’s meeting with...

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DTV Oct. Sales Set Monthly Record

Arlington, Va. – Digital Television (DTV) products continued to set factory-to-dealer sales records in October with unit sales totaling 292,856 on dollar sales of...

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Lowe’s Fis. Q3 Sales Increase 17.6%

Wilkesboro, N.C. – Continued strength of the home improvement consumer in an otherwise uncertain economic environment helped home improvement chain Lowe’s Companies register strong...

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Philips Appoints Marketing Officer

Amsterdam – Royal Philips Electronics has appointed Andrea Ragnetti as chief marketing officer at group level, and announced the resignation of Guy DeMuynck, CEO...

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Capellas Jumps To WorldCom

New York – Embattled communications giant Worldcom will officially name former Hewlett-Packard and Compaq Computer executive Michael Capellas CEO today. Capellas resigned as president...

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Sirius Takes Heavier Q3 Losses

New York – Sirius Satellite Radio recorded negative third quarter Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of $60.1 million, compared with negative...

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Gemstar-TV Guide Q3 Revenue Off 16%

Pasadena, Calif. – Global technology and media company Gemstar-TV Guide International reported a decrease in revenue and profit in the third quarter. Revenue for...

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Dell 3 Revenue Rises 22.5%

Round Rock, Texas – Despite the stumbling economy and cautious consumer spending, Dell Computer reported record revenue and shipments in its fiscal third quarter....

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AMD Cuts 2,000 Workers

Sunnyvale, Calif. – AMD reported today that it will lay off about 15 percent of its workforce. This move will affect about 2,000 employees,...

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XM Satellite Radio Q3 Profits Plummet

Washington – XM Satellite Radio Holdings substantially increased its consolidated revenue in the third quarter, reaching $5.6 million, up from $1,000 in the year-ago...

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Intel Breaks 3GHz Barrier

New York – Intel broke a new speed barrier today with the introduction of a Pentium 4 3.06GHz processor. Intel’s previous fastest processor was...

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Target Stores Q3 Revenue Up 11.8%

Minneapolis – Fiscal third-quarter revenue increased 11.8 percent at the Target Stores segment of Target Corp., hitting $8.5 billion, compared with $7.6 billion in...

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Sony, Philips Buy InterTrust

New York – Sony and Philips teamed up today to purchase InterTrust, a maker of hardware and software to enable the secure transfer of...

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Toshiba Cuts DigiCam Prices

Irvine, Calif. – Toshiba announced aggressive price reductions today on two of its digital cameras in advance of the holiday season. Effective immediately, the...

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