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Texas Instruments Raises Lower End of Sales, Profit Forecasts

2013-03-08 09:42:38| Electronics - Topix.net

Texas Instruments Inc., the largest maker of analog chips, raised the lower end of its forecasts for first-quarter sales and profit, as customers increase orders ahead of a projected rebound in electronics demand.

Tags: end sales lower instruments

 

Qatar Investment Authority raises stake in Tiffany

2013-03-07 04:59:21| Jewelry - Topix.net

Qatar's sovereign wealth fund, the largest shareholder of Tiffany & Co, further raised its stake in the U.S. luxury jeweler to 11.27 percent, according to a regulatory filing.

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Ubuntu tablet pre-order raises eyebrows

2013-03-06 17:26:39| InfoWorld: Top News

The news yesterday that an Australian company called Intermatrix has begun offering pre-orders of the first dedicated Ubuntu tablet has already made waves in gadget circles -- but many raised questions about the device's legitimacy.

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Beats raises USD 60 mln for music service, meets with Apple

2013-03-06 11:06:00| Telecompaper Headlines

(Telecompaper) Headphones company Beats Electronics has raised USD 60 million from Len Blavatnik, James Packer and other investors to spin off a music subscription business which is using the working name "Daisy", reports the Financial Times. Beats recently purchased digital music service MOG and hired Topspin Media founder Ian Rogers as CEO. Its chief creative officer is Nine Inch Nails frontman Trent Reznor. Beats intends to launch its music subscription later this year, Blavatnik said. Beats has also held talks with Apple executives about a possible partnership with Daisy, Reuters reported. Apple CEO Tim Cook and the company's head of internet products, Eddy Cue, met Iovine in late February to find out more about Project Daisy, three people familiar with the matter told Reuters. Cook expressed interest in Daisy's rollout plans and business model, but did not discuss specifics of a deal. Although Beats would not comment on the meeting with Apple, a spokesman told the Financial Times that Beats co-founder Jimmy Iovine has had a long relationship with the group.

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Beats raises $60M to spin off music streaming service

2013-03-06 08:01:21| CNET News.com

Codenamed Daisy, the forthcoming "curated" music streaming service is expected to launch this summer. [Read more]

Tags: service music spin streaming

 

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