Apple to open iPhone programming
OUTSIDE INFLUENCE:
In a dramatic about face, the company has decided to release a kit in February to allow independent software makers to create programs for the phone
Apple is opening up the iPhone -- at least partly.
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PlayStation 3 price cut by US$100
Sony Corp, the world's biggest maker of video-game consoles, cut the US price of a PlayStation 3 model by 17 percent and introduced a less expensive version to spur holiday sales.
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CITIC Bank denies any interest in Bear Stearns
China's state-owned CITIC Bank (中國中信銀行) said yesterday that it is not in any talks to buy into troubled US investment bank Bear Stearns and has no plan for such a stake purchase.
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eBay reports 30% growth in Q3 sales to US$1.89bn
SKYPE HICCUP:
The firm reported a US$936 million net loss due to a write-off caused by problems with the Internet calling service that it acquired in 2005
EBay, the e-commerce company, said it continued to grow quickly in the last quarter -- with a few stutters related to its slowing core business of Internet auctions.
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Sony sells advanced chip unit to Toshiba
Sony Corp is selling its advanced computer chip operations to Toshiba, both companies said yesterday, in the latest sign Sony is raising cash and shedding operations to focus on its core electronics sector.
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IMF slashes global outlook for next year
The IMF on Wednesday slashed its global economic forecast for next year, warning that turbulence stemming from a crisis in the US housing sector could crimp growth worldwide.
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World Business Quick Take
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