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BUSINESS
April 7, 2008 | From the Associated Press
Yahoo Inc. says it's poised to revolutionize online advertising after years of being outmaneuvered by Google Inc. But the slumping Internet pioneer might not get the chance to show off the latest improvements to its advertising platform unless it can convince increasingly impatient investors that the new approach will produce a bigger payoff than Microsoft Corp.'s unsolicited offer to buy the Sunnyvale, Calif.-based company for more than $40 billion.
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BUSINESS
April 2, 2008 | Meg James, Times Staff Writer
Reality television impresario Mark Burnett doesn't think his latest business will be half-baked. The man behind such hits as "Survivor" and "The Apprentice" announced Tuesday that he had invested in microwave oven technology that aims to fully cook food. Burnett, 47, said he had a 25% stake in the firm, Microwave Science, which owns the rights to a trademarked technology called TrueCookPlus.
BUSINESS
February 27, 2008 | From Times Wire Services
IBM Corp. introduced a mainframe computer that performs tasks more quickly while using less power, stepping up competition with Hewlett-Packard Co. and Dell Inc. for business customers. The computer can operate 50% faster, handling 70% more work, than current IBM mainframes, the Armonk, N.Y.-based company said. That reduces energy costs by as much as 85%, the company said. IBM, the biggest seller of mainframes, is redesigning the machines to challenge server networks, which can cheaply deliver Web pages and computer files.
BUSINESS
February 2, 2008 | Peter Pae, Times Staff Writer
Two key Boeing Co. defense executives have been quietly transferred to the troubled 787 jetliner program, suggesting that problems with developing the plane could be worse than the company has revealed. In what some analysts said was an unusual move, the two executives were placed on "special assignment" with the commercial aircraft division in Seattle in early January, two weeks before Boeing announced that production problems had forced a further delay in initial deliveries of the Dreamliner.
BUSINESS
January 9, 2008 | From the Associated Press
Hyundai Motor Co. launched its rear-wheel drive Genesis luxury sedan Tuesday, a car the South Korean company sees as its ticket into the ranks of the world's top-end automakers. Hyundai preceded the introduction by showing a promotion film featuring a decidedly James Bond-like actor driving the sleek, road-hugging vehicle. The screen then receded to reveal an orchestra and three South Korean tenors who gave a live performance of "Nessun dorma," an aria from Puccini's opera "Turandot."
BUSINESS
November 30, 2007 | From Reuters
Verizon Wireless, the No. 2 U.S. mobile service, said Thursday that it planned to build a next-generation high-speed wireless network based on Long Term Evolution, or LTE, technology and to start trials next year. The move could eventually bring revenue to network equipment makers suffering from slower spending by carriers. But it is also seen as a blow to a rival technology developed by Qualcomm Inc. and to WiMax, an emerging wireless standard that Intel Corp. supports.
BUSINESS
November 16, 2007 | From Bloomberg News
The world's biggest jetliner is getting even bigger. Airbus said Thursday it planned to build a 900-seat version of its A380 super-jumbo jet. Emirates, the aircraft's biggest customer, said it would buy the new model. Airbus will begin developing a "stretch" A380 after the standard plane reaches full production in 2010, Chief Operating Officer John Leahy said. Airbus has 191 orders for the 555-seat A380, including 58 from Emirates.
BUSINESS
November 12, 2007 | From the Associated Press
Intel Corp. plans to roll out its newest generation of microprocessors today, flexing its manufacturing muscle with a sophisticated new approach that crams up to 40% more transistors onto a chip. The world's largest semiconductor company plans to start shipping 16 new microprocessors -- which also boast inventive materials to reduce electricity loss -- for use in servers and high-end personal computers.
BUSINESS
November 6, 2007 | Jessica Guynn, Times Staff Writer
Google Inc. rules your computer. Now it wants to rule your mobile phone. After months of speculation, Google on Monday unveiled its vision to transform the wireless industry by making mobile phones as good for Web surfing as personal computers. Google and a consortium of 33 companies, including mobile- handset makers, phone carriers and other technology leaders, plan to offer free software to power mobile phones that will hit the market in the next six to 12 months.
BUSINESS
October 26, 2007 | Martin Zimmerman, Times Staff Writer
A Prius minivan? It could happen, according to a top executive of Toyota Motor Corp., which makes the four-door hatchback, the world's bestselling gasoline-electric hybrid. There are no specific plans to develop other body styles for the Prius, Tokuichi Uranishi, Toyota's head of global marketing, said in an interview Thursday. But it's "something that is desirable from a marketing point of view," he said. "I think we should have a minivan hybrid in the U.S."
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