Amazon reported strong third quarter earnings and upped its outlook for the fourth quarter, but it's unclear whether that's good enough to keep the e-tailer in that elite club that has been carrying the Nasdaq.On Tuesday, Amazon reported third quarter net income of $80 million, or 19 cents a share, up from $19 million, or 5 cents a share, a year ago.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
Verizon on Tuesday announced a new FiOS service that offers 20 megabits per second downloads and uploads.I have no clue what I would do with 20 Mbps upload speeds.
When Michael Dell took the reins of his namesake company back better product designs were high on his to-do list. Now there are a few are early signs that Dell is making progress.
Oracle and Cisco are mashing up their on demand services, with Oracle's Siebel CRM On Demand offering running on Cisco's WebEx Connect application platform. The Oracle mashup appears to be a way for Cisco WebEx to demonstrate that it has some traction with its composite application platform, competing with the likes of salesforce.
During his interview at the Web 2.0 Summit, AT&T Chairman and CEO Randall Stephenson explained why Apple went with the slower EDGE network in the U.
Mozilla has released its 2006 audited financials and that little Google search box in the top right of Firefox is the gift that keeps giving.Mozilla's revenue, which includes Mozilla's foundation and corporation, came in at $66.
Oracle said Tuesday that it sent a letter to BEA's board of directors, urging them to accept the company's $17 a share in cash offer or watch it expire by Oct. 28.
AT&T said Tuesday that it added 2 million wireless subscribers and more than doubled its U-verse TV customer base in a quarter.The telecom giant reported third quarter adjusted earnings of $4.
Notable headlines:David Morgenstern: Developers in dark about Leopard GM bug fixes.Larry Dignan: Apple handily tops expectations.
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