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Forplex Revolving News Archive
Forplex Revolving News

Forplex Revolving News
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Intel Boosts Forecast On Stronger Sales

The chip maker is the latest tech bellwether to see signs of an economic recovery.

Intel (NSDQ: INTC) on Friday raised its revenue forecast for the third quarter, the latest indication that the tech industry is climbing out of economic recession.

Because of "stronger than expected demand" for microprocessors and chipsets, Intel raised its revenue forecast for the quarter to $9 billion, plus or minus $200 million. The company in July had issued an upbeat prediction of $8.1 billion to $8.9 billion.

In addition, the chip maker upped its gross margin percentage to the upper half of the previous range of 51% to 55%. The company is scheduled to report its third quarter results Oct. 13.

The better forecast gave a boost to Intel stock, which was up more than 4% in afternoon trading on the tech-heavy Nasdaq.

Intel is the latest tech bellwether to see signs of a recovery in the tech industry, which has seen sales plummet for several quarters as a result of the global economic downturn.
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Facebook to Tighten Privacy After Canadian Investigation

Facebook will enhance its social-networking site's privacy features over the next 12 months as a result of a set of recommendations from the Canfacebook privacyadian government.

Facebook will increase the information it provides to its users about its privacy features, as well as make technical changes to tighten privacy controls, the company said Thursday.

The changes come as a direct result of a review of Facebook's privacy policies and controls conducted by the Office of the Privacy Commissioner of Canada. Facebook cooperated with the Canadian agency's study, which lasted more than a year.

Specifically, Facebook will update its privacy policy so that it more clearly explains its privacy practices. Facebook will also reach out to users, prompting them to review their privacy settings.
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Wikipedia Changes Editing Policy

The innovative online user-written encyclopedia Wikipedia is growing up, and with its growth comes a massive change to how it operates.

Back in its early days, Wikipedia could be edited by anyone. Then it nixed the concept of anonymous edits and required authentication. Now contributors can write what they want, but if editing certain articles, the changes must be verified by an experienced volunteer before publication.

The Wikimedia Foundation, the parents behind the Wiki Empire, calls the new philosophy "flagged revisions." Changes to certain articles on the site are invisible until approved by an "experienced volunteer," which, according to Wikipedia co-founder Jimmy Wales, may be "anybody who has been around a very short period of time [on the site] and hasn't been blocked." Once approved, the changes will appear, but it's uncertain exactly how long the process might take -- could be hours, weeks, or months.
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GM Can’t Afford to Retain Opel

General Motors Co. can’t afford to retain control of its Opel division because the carmaker needs to concentrate on the U.S., according to Fred Irwin, chairman of the German government-backed trust created to facilitate a sale.

“They just have to get their house in order and I think they definitely know this,” Irwin said today in a telephone interview from Frankfurt. “GM cannot be too sidetracked with foreign markets” because it needs to become profitable in the U.S. and repay government loans, he added.

Opel, surviving on a 1.5 billion-euro ($2.1 billion) loan from Germany, is controlled by the trust pending the outcome of negotiations over a potential sale. A group led by Magna International Inc. that includes Russia’s Sberbank is competing with RHJ International SA to acquire a majority stake in the carmaker, based in Ruesselsheim, near Frankfurt.
Forplex Revolving News
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McAfee: Jessica Biel Most Dangerous Celeb On The Web

Jessica Biel fans beware: Clicking on a Web site devoted to the former "7th Heaven" star might lead to malicious software being installed on a computer.

A new report from security company McAfee claims that Jessica Biel has overtaken Brad Pitt as the most dangerous celebrity on the Web. The security company is in its third year tracking the threat level of celebrities on the Web.

According to the report, Internet surfers searching for "Jessica Biel," or a variation of her name, have a one in five chance of landing on a Web site that has tested positive for online threats. For McAfee that means the dangerous sites could host spyware, adware, spam, phishing, viruses and other malware.

"Cybercriminals are star watchers too -- they latch onto popular celebrities to encourage the download of malicious software in disguise," Jeff Green, senior vice president of McAfee Avert Labs, said in a statement. "Consumers' obsession with celebrity news and culture is harmless in theory, but one bad download can cause a lot of damage to a computer."
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Volt gets the press, but Cruze equally important

The Chevy Cruze is a small, economical car that is very important to GM's future.

GM generated excitement and much press coverage when it unveiled the Chevy Volt in 2007, and that interest continues unabated as the production launch date approaches. But GM has another arrow in its quiver that could be equally as important to the company's profitability, the Chevy Cruze.

A story on NPR this morning covers the reopening of GM's Lordstown assembly plant in Ohio. The plant currently produces the Chevy Cobalt, one of Chevy's smallest models, and one that is currently enjoying sales growth. The NPR story points out that the plant is being retooled to produce the Cruze, a small car that is set to replace the Cobalt.
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Microsoft, Yahoo Unite Against Google Book Search

Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) have confirmed that they have joined the Open Book Alliance, a newly formed group opposed to the Google Book settlement.

Amazon (NSDQ: AMZN) also reportedly joined the coalition, which is expected to make an announcement next week. Amazon, however, declined to comment.

The Open Book Alliance is a distinct organization from the Open Content Alliance, a group with similar goals created by Yahoo, the Internet Archive, and many universities.

Last October, Google (NSDQ: GOOG) reached a settlement with the authors and publishers who brought a lawsuit against Google for scanning books for its search index without permission. The settlement awaits approval from the judge overseeing the case. The U.S. Department of Justice is also weighing whether the settlement merits antitrust action.

A fairness hearing to consider approval of the settlement is scheduled for October 7. The deadline for objections to the settlement is September 4.
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Is Twitter's Geolocation Tool A Privacy Landmine?

Twitter's upcoming geolocation feature has many social networking mavens cheering, but as with Google Latitude before it, some industry observers are raising concerns about security and privacy when the tweeting multitudes begin advertising their exact locations to followers.

"This feature would make the top 10 list of things a thief most wants to see on Twitter," Rob Enderle, principal analyst at Enderle Group, told TechNewsWorld Friday.

"For instance, if the feature is on because you want people to know where you are vacationing, people will also know you are away from your home and that your stuff is relatively unprotected," Enderle said.

Twitter said this week that geolocation applications built by developers who will soon have access to a special API from the company will be delivered on an opt-in basis to end users of the microblogging service. Tweeters will have to switch on such apps themselves and even if they do, their exact location won't be stored for an "extended period of time," according to Twitter.
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EU to probe exploding iPhone claims

The European Union has mounted an investigation into claims of exploding iPhones and iPod devices after reports surfaced last week citing incidents in France and the UK.

Apple is understood to be co-operating with the EU investigation but has dismissed the explosion claims as being down to isolated incidents.

It is understood that the EU has requested information from France, where the incident was reported, and the UK, where a similar case occurred with an iPod

The Commission has also contacted the agency for the safety of products in the US.

Last week it emerged that a French teenager sustained an eye injury after an Apple iPhone shattered.

It also emerged that an 18-year-old Frenchman received an eye injury when his girlfriend’s iPhone shattered in his hand.

Romain Koleda noticed his girlfriend’s iPhone began to make a hissing noise before the screen shattered 30 centimetres from his face sending a shard of glass into his eye.
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Forplex Revolving News
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