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Sony's Mylo messaging gadget gets update

But the device did not support the most popular messaging program in the U.S., AOL Instant Messenger. And its Web browser couldn't play Flash movies, making YouTube inaccessible.

Sony is addressing both those problems in the Mylo COM-2, which goes on sale this month for about $300. It is also increasing the screen resolution to 800 by 480 pixels and building in a camera.

The new design likely faces a continuing uphill battle in convincing consumers who already have cell phones to get another portable communications gadget, especially one that works only in hotspots.

Mylo COM-2 users will have free access to commercial hotspots in the Wayport network, including more than 9,000 McDonald's restaurants, until the end of 2010.

Phil Boyle, the product manager for the Mylo, said the new device is aimed at 14- to 18-year-olds, not the 18- to 22-year-old target market of the original Mylo.


Virginia bluesman wins $500,000 'genius grant'

Nothing like this has ever happened to me before," he told the Daily Progress newspaper. "News like this, you can't really absorb it right away."

Harris has recorded nine albums for labels Alligator, Rounder, and, most recently, Telarc. But he's probably best known for his appearance in Martin Scorsese's documentary film "Feel Like Going Home" which explored connections between American blues music and traditional sounds from Africa.

Far from a blues purist, his most recent CD "Zion Crossroads" features pure roots reggae music from Jamaica. Earlier albums have included doses of jazz, Latin music, hip-hop as well as African sounds.

Exploring the undercurrents and unifying threads of black music is one of his primary aims.

"I definitely want to use the money to do some educational initiatives," Harris said in the Daily Progress interview.


UTStarcom Releases Financial Results for the Third Quarter of 2007

ALAMEDA, Calif., Nov. 9 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (NASDAQ: UTSI) , a global leader in IP-based, end-to-end networking solutions and services, today reported financial results for the third quarter of 2007.

Net sales for the third quarter 2007 were $646 million. This $108 million increase over the second quarter of 2007 was driven by strong sales in PCD as well as growth in our Broadband and Wireless business units. Gross margins for the third quarter of 2007 were 10%. The gross margins percentage was impacted by a much larger percentage of PCD sales, as well as approximately $10 million of inventory reserves. The net loss for the third quarter was $55 million, or a loss of ($0.46) per share. This compares to a loss of $62 million in the second quarter of 2007 and $43 million in the third quarter of 2006.


Electronics makers keep eye on U.S. economy

This industry continues to be wonderful in some ways and a tragedy in others. It's a train wreck in many ways," he added.

Michael Troetti, president of Sharp Electronics Marketing Company of America, also said there was not a lot of room to substantially cut prices -- and he believes his target consumers can afford to buy.

"There is not much money left in TVs to take out. You are not going to sell any more TVs by taking another 50 bucks out," he said.

Sharp in particular is shipping a 108-inch LCD television it introduced last year, one example that companies are not changing plans, said Ross Rubin, consumer technology analysis director at NPD Group.

"There's some concern about the economy. But I haven't seen it really have an impact on the kinds of products companies are introducing," he said.


UGK Leads The Pack, Fergie Continues To Climb, Plies Refuses To Leave ...

In this week's Hip-Hop & R&B Charts, UGK loses the throne, Fergie continues her reign and Plies slips.

After debuting at the top spot last week, UGK slides four slots to No. 5. According to the Nielsen SoundScan Underground Kingz reels in 60,200 copies in its second week, bringing the album's total sales to 220,904.

Fergie is still making moves after 48 weeks on the Charts, sitting proudly at the No. 7 spot. The Dutchess scanned 53,000 discs this week, bringing her total numbers to 2,488,799.

Florida rapper Plies slips seven spots to No. 9. The Real Testament scans 38,590 CDs in its second week. To date, the album has sold 135,200 copies.

Riding Plies' coattails is Chi-town veteran Common at No. 10. Finding Forever ropes in 38,580 units in its third week.


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