Ahead of the Bell: Take-Two shares plunge (AP)
AP - Shares of Take-Two Interactive Software Inc. plunged ahead of the regular session Friday after the video game maker lowered its financial outlook again and said it probably won't meet its profitability goals for next year.
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Why Open Source Phones Still Fail (PC Magazine)
PC Magazine - Free software is all about the unexpected. Carriers hate the unexpected.
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Novell posts wider 4Q loss on charges (AP)
AP - Novell Inc., which sells computer-networking software and technology services, posted a larger quarterly loss Thursday, hurt by lower revenue and hefty charges to write down the value of certain assets.
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Magma Design posts 2Q profit as costs drop sharply (AP)
AP - Shares of chip design software maker Magma Design Automation Inc. soared after-hours Thursday as the company posted a fiscal second-quarter profit, reversing a year-ago loss, as sharply reduced expenses outpaced declining sales.
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Mentor Graphics posts smaller 3Q loss (AP)
AP - Mentor Graphics Corp., a provider of electronic hardware and software design products and services, on Thursday posted a smaller fiscal third-quarter loss and said it is seeing signs of recovery in the semiconductor market.
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'Black Screen' Overhyped and Not Microsoft's Fault (NewsFactor)
NewsFactor - After creating great distress in security circles, an issue with Microsoft Windows has proven relatively minor. The problem, labeled the Black Screen of Death, was initially thought to be widespread. Indeed, British security firm Prevx posted a series of blog items suggesting that several million computers using Windows XP, Vista and Windows 7 could be compromised. The company said the problem often is associated with two Windows security patches, KB915597 and KB976098.
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Hacker Hits Adobe Illustrator With New Attack (PC World)
PC World - Adobe Systems' security response team is scrambling to fix a newly disclosed bug in its Illustrator software, even as it readies another security patch for next week.
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Take-Two shares tumble as game maker cuts outlook (AP)
AP - Shares of Take-Two Interactive Software Inc. tumbled 17 percent in after-hours trading Thursday after the video game publisher slashed its full-year guidance for a second time, due in part to weak sales of its "Major League Baseball" titles.
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Synopsys shares slide after 4Q earnings decline (AP)
AP - Synopsys Inc. shares dropped Thursday after maker of chip testing and development software reported lower quarterly profit and sales as well as higher expenses.
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Counterfeit software reports soar: Microsoft (AFP)
AFP - Reports of counterfeit software, much of it tainted with computer viruses, have doubled during the past two years, according to Microsoft.
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Consumers Stepping Up in Fight Against Piracy (PC Magazine)
PC Magazine - On Thursday, Microsoft declared a "consumer action day," a worldwide effort to counter software piracy backed by educational and enforcement efforts across 70 countries worldwide.
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Windows 7: Seven Points of Imperfection (PC World)
PC World - Since its highly ballyhooed rollout near the end of October, Windows 7 has been applauded by many as Microsoft's best operating system yet. But no OS is perfect, and that goes for Windows 7.
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LeapFrog shares jump after Stifel Nicolaus upgrade (AP)
AP - Shares of LeapFrog Enterprises Inc., which makes educational toys and software, rose Thursday after Stifel Nicolaus raised its rating on the stock, predicting higher profits next year.
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Health care software founder charged with fraud (AP)
AP - A California businessman has been accused of using bogus financial data to defraud investors who put $60 million into a health care transaction software company he founded.
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Three Critical Microsoft Patches Due Tuesday (PC Magazine)
PC Magazine - Next Tuesday, December 8, Microsoft will release 6 security bulletins and software updates to address the vulnerabilities described in them. Three of the bulletins have a maximum rating of critical and three are rated important.
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Motorola invests in touch-screen software maker (AP)
AP - Communications product and service company Motorola Inc. said Thursday its venture capital arm has invested in Sensitive Object, a six-year old company that makes software for converting surfaces into touch-screens.
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Bad Avast Update Labels Many Files as Malware (PC Magazine)
PC Magazine - On Thursday night, ALWIL Software, the creators of the Avast! antivirus program, released a bad update the misidentified many programs as malware.
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Synopsys fiscal 4Q profit drops, shares fall (AP)
AP - Synopsys Inc. said Wednesday that its fiscal fourth-quarter profit sank as revenue declined and operating expenses rose. The maker of chip testing and development software also gave first-quarter and fiscal 2010 guidance that was lower than analysts expected.
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Phone-Plugging 'Square' Makes Mobile Payments Easy (NewsFactor)
NewsFactor - Want to accept credit cards at your next garage sale? A new iPhone application will soon make that easier. Twitter cofounder Jack Dorsey has unveiled his latest project, the Square magnetic reader, which plugs into a vendor's handset, allowing customers to swipe their card. The credit information is then transmitted via an audio signal through included software to Square servers for processing.
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Microsoft says some Windows PCs get `Black Screen' (AP)
AP - Microsoft Corp. says it's not to blame for a problem that is causing a "limited" number of Windows computers to boot up to a blank black screen.
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