Tech Biz Cheat Sheet: Court Sides With TiVo Over AT&T, GE Plans $600M Solar Facility
Google (NASDAQ:GOOG) is 6% higher after the company announced strong earnings. Net income for Google Inc. rose to $2.73 billion ($8.33 per share) vs. $2.17 billion ($6.72 per share) in the same quarter a year earlier. This marks a rise of 25.9% from the year earlier quarter. Do All Analysts Hail Google’s Earnings?
Samsung has been shot down in its request for an injunction banning the import of Apple (NASDAQ:AAPL) products in the Netherlands.
Hot Feature: Apple Preps for iPhone 4S Revolution.
Microsoft’s (NASDAQ:MSFT) Xbox 360 accounted for 42% of retail console sales in the U.S. in September. However, industry-wide hardware sales fell 9% year-over-year last month.
General Electric (NYSE:GE) has announced plans to build a $600 million facility in Colorado to manufacture thin-film solar panels, with commercial products expected to begin shipping in 2013.
A court has sided with TiVo (NASDAQ:TIVO) in its patent infringement suit against AT&T (NYSE:T), issuing a key definitional ruling that will likely see AT&T losing, forcing the communications company to enter into a favorable settlement with TiVo.
Don’t Miss: Hulu’s Owners Decide Not To Sell.
Ramtron (NASDAQ:RMTR) CFO Mark Kent has resigned for unspecified reasons. Controller Gery Richards will serve as interim CFO while the company searches for Kent’s permanent replacement.