Stories by Dan Nystedt

Microsoft's Peabody smart phone nearing completion

A low-cost smart phone from Microsoft code-named Peabody is nearing completion and will run on the recently released Windows Mobile 5.0 operating system, an executive from the software giant said Tuesday.

Ebay, Global Sources team up on China's e-commerce

Making good on a pledge to increase its stake in China's Internet e-commerce sector, online auctioneer eBay said Thursday it had teamed up with Global Sources to develop an Internet service that could make it even easier to find low-priced Chinese goods.

Gartner raises 2005 chip industry growth forecast

Gartner raised its forecast for global semiconductor industry revenue growth for several reasons, including signs of stronger than expected sales of personal computers and mobile phones, a researcher at the company said Monday.

Taiwan Mobile launches 3G network, with Linux

Taiwan Mobile, one of Taiwan's biggest mobile phone service providers, launched a trial of its 3G (third generation) network last week using a Linux operating system as its backbone, an executive at the company said Friday.

IBM plans to slash up to 13,000 jobs

IBM, one of the world's largest technology companies, said Wednesday it plans to reduce its work force by up to 13,000 employees, mainly in Europe, as part of a global restructuring aimed at shifting resources to higher-growth markets.

UMC predicts recovery after Q1 earnings fall

United Microelectronics Corporation (UMC), the world's second biggest contract chipmaker, has reported that its first quarter earnings fell due to wider industry troubles, but said the second quarter should mark a bottom for the company.

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