Daily technology news - 19-Jan-2007

U.S. Stocks Fall on Bernanke Comments; Technology Stocks Slide (Bloomberg.com)Jan. 18 (Bloomberg) -- U.S. stocks fell for a second day after Federal Reserve Chairman Ben S. Bernanke said the economy may be ``seriously weakened'' by higher entitlement spending and following technology company forecasts that trailed estimates.

Technology Stocks Fall, Led By Apple, Lam Research (Update1) (Bloomberg.com)Jan. 18 (Bloomberg) -- U.S. technology shares fell after disappointing reports from Apple Inc. and Lam Research Corp. sparked concern that demand from consumers and businesses may be slowing.

DVD security group investigating report of hacker attack on copy-protection technology (Pittsburgh Post-Gazette)LOS ANGELES -- A business group behind copy-protection software for next-generation DVDs was investigating reports that hackers found a way to circumvent its technology, a group member said Wednesday.

Intel, Apple, Cisco Dim Technology-Stock Outlook: David Wilson (Bloomberg.com)Jan. 18 (Bloomberg) -- Technology companies are supposed to prop up U.S. earnings growth this year, helping the stock market move higher. Events this week suggest otherwise.

CANADIAN MARKETS: Technology Sector Weakness Hits Stocks (Nasdaq)The S&P/TSX Composite Indexfell 90 points, or 0.7%, to 12,640.68. All but four of Toronto's 10 sector indexes traded lower. The information technology group was the biggest loser, closing down 2%. Research In Motion (RIMM) dropped 5% and Nortel Networks (NT) fell 0.8%.

Go Global, Kong Tells Science and Technology Firms (RedNova)By Roziana Hamsawi LOCAL companies involved in the technology and scientific businesses are being urged to go global by exporting their products, technologies and services to other countries.

Shares Fall on Technology Sales Forecasts (New York Times)Declining oil prices sent energy shares down and sales forecasts from technology companies fell below analysts? estimates.

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