US
retailers trim profit view
Major US retailers scaled back earnings expectations on
Thursday as sales in December fell short of forecasts
in a holiday season that showed the smallest gain in more
than three decades.
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Fiat
CEO says believes in only one plan for group
Fiat Chief Executive Alessandro Barberis said
on Thursday he believed in a restructuring plan the troubled
company worked out with its banks and sought to dampen
speculation Fiat could spin off its ailing car unit..
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RealNetworks
releases digital rights technology
RealNetworks will start licensing digital rights
management, a copyright safeguard seen as crucial by Hollywood
studios and record companies as they look to sell movies
and songs online.
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Enron's
Fastow to face new charges
Federal prosecutors pursuing former Enron Chief
Financial Officer Andrew Fastow on Thursday said they
would file a new indictment with more charges by next
month..
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Homestore,
AOL settle contract dispute
Online real estate company Homestore said on
Thursday it had settled a contract dispute with America
Online, the Internet division of AOL Time Warner, and
had signed a new 18-month marketing pact.
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Samsung
and DirecTV to offer TiVo unit
South Korean electronics maker Samsung and
satellite television company DirecTV said on Thursday
they will team up to offer a digital video recorder that
will let users pause live television and amass a library
of recorded shows.
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Sony
sees path to digital future through TV
The path to the digital future goes through
the living room television as broadband network connections
transform that 75-year-old technology, Sony President
Kunitake Ando said on Thursday as he showed off next-generation
products such as paper-thin TV monitors and dancing robots.
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Personal
strap-on aircraft for auction on eBay
It's a bird! It's a plane! It's a strap-on
flying machine. And it could be yours on eBay for $1 million
with just one catch -- you have to agree not to use it.
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AOL
Time Warner CFO contemplating cable IPO in Q2
A top AOL Time Warner executive told investors
on Thursday the world's largest media company hoped to
spin off its cable television operations during the second-quarter
as part of its effort to begin paring down its weighty
debt load.
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Watch
industry facing Microsoft entry shock
Faced with the entry of a new deep-pocketed
rival, watchmakers and companies that make a range of
devices that Microsoft wants to wire with its own "smart"
software see both an opportunity and a threat.
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