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Electronic publishing solutions provider, Quadralay, announced the launch of WebWorks ePublisher Pro, its next-generation solution for creating online content.
Federated Department Stores reported a 27% increase in quarterly profit, which beat the expectations of the company as well as those of Wall Street analysts.
The entertainment company's stock slipped in trading after the company inadvertently sent out an e-mail with earnings information.
Eastman Kodak President and Chief Operating Officer Antonio M. Perez will become Chief Executive Officer of the company as Daniel A. Carp. plans to retire.
Toshiba announced recently they were adding a third layer to its HD-DVD format to increase the capacity to 45Gb. This is going to give them a much stronger competitor against Sony and perhaps give them some more bargaining room as Sony and Toshiba continue negotiations to develop a universal standard for DVDs based on the blue laser technology upgrades.
As expected, Yahoo is unveiling its music subscription service today. What is unexpected is the price. As reported practically everywhere, Yahoo will release today Yahoo Music Unlimited, which charges just $60 a year for unlimited access to over 1,000,000 songs from all four major record labels and many independents, plus transfer those songs to portable players.
