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Tech News


Microsoft Touts Windows 7 at CES

Microsoft CEO Steve Ballmer promises to deliver a nearly final "beta" test version of Windows 7 that regular PC users will be able to download and tinker with Friday. Its one of the first announcements expected from technology companies big and small as the 2009 Consumer Electronics Show gets started in Vegas. Quote: MSFT
24/7 Wall St.: With New Windows, Microsoft Takes Another Wrong Step?
More CES Coverage: Engadget | Switched.com
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EMC Upbeat on Outlook, Plans Layoffs

Despite forecasts that its fourth-quarter earnings will be in line with expectations, data storage company EMC Corp. announces plans to lay off 2,400 employees -- about 7 percent of its staff -- in 2009. Quote: EMC
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Surge in Jobless Claims Crashes Systems

With the number of Americans seeking jobless benefits hitting a 26-year high, some electronic systems used to file claims struggle to handle the influx. Over the last few days, the surge has crashed systems in at least three states.
From BloggingStocks: Private Sector Reports Massive Job Loss in December
Also See: Alcoa Cutting 15,000 Jobs
Need a Job? Begin Your Search Here


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Intel Cuts Fourth-Quarter Outlook Again

AP
With weak demand by PC makers continuing, Intel now predicts its fourth-quarter revenue will fall 23 percent from the same period a year earlier, missing its previous outlook.
Quote: INTC
Also See: Time Warner Warns on 4Q Revenue
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Changes Ahead for Apple's iTunes Store

In the company's final appearance at the Macworld conference, Apple announces plans to drop unpopular copy-protection code from song downloads at its iTunes online media store, and says it will move away from its one-price-fits-all pricing structure. Also See: Best Buy Peddles Secondhand iPhones
Apple iTunes
Getty Images


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Bloggingstocks

AT&T Experiences Major Data Outage

Getty Images
BloggingStocks reports that AT&T is experiencing a significant data outage on the East Coast, knocking out Internet service to cell phones, including the 3G Apple iPhone.
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Best Buy Offers Used IPhones at Discount

Looking for ways to appeal to customers strapped for cash, Best Buy is offering used 3G iPhones at a reduced price.
iphone
AP

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Technology Stocks

SymbolLast TradeChange% Change
Microsoft19.60+0.09+0.46
Hewlett-Packard37.07-0.77-2.03
IBM87.23-0.56-0.64
eBay14.53-0.06-0.41
Google317.84-4.17-1.29
Apple91.24+0.23+0.25
Intel14.31-0.13-0.90
Dell10.88-0.27-2.42
Cisco17.03-0.29-1.67
Oracle17.41-0.24-1.36
as of 10:11AM EST on 01/08/2009 ()