NetApp's rev forecast below estimates, stock drops
SAN FRANCISCO (Reuters) - Data storage equipment maker NetApp Inc forecast revenue below expectations as concerns about the economy weighed on the outlook for business and government spending on information technology, sending its shares down 22 percent in after-hours trade. NetApp's report Wednesday came a day after Dell Inc posted disappointing quarterly results that heightened concerns about cautious IT spending, sending tech stocks sharply lower. Sunnyvale, California-based NetApp posted fiscal fourth-quarter revenue of $1.70 billion compared to $1.43 billion in the year-ago period. ... Japanese video game author wins Spanish prize
Japan's Shigeru Miyamoto, considered the father of the modern video game, has been awarded Spain's Prince of Asturias Award for Communication and Humanities. Watch: Qwiki Turns Everyone into a Broadcast Storyteller
ABC's Joanna Stern sits down with Qwiki Founder Doug Imbruce.
  Google did not infringe Oracle’s patents with Android
 In the widely publicized patent infringement case between Google and Oracle, a San Francisco jury on Wednesday found that Google’s Android operating system does not infringe Oracle’s patents. Jurors have been dismissed and Judge William Aslup of the U.S. District court of Northern California exonerated the Internet giant of any wrong doing. The verdict marks the end of the trial’s second phase, which focused on patent infringement claims. Google earlier this month was found to have infringed Oracle’s copyrights, however, and the proceedings are set to resume on Tuesday morning. [Via The Verge] Read
Facebook may move shares to NYSE
Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday, according to a person familiar with the matter. Safety Experiment: Cars That 'Talk' to Each Other
Will traffic be safer and smoother if vehicles can “talk” to each other? That’s the question the Department of Transportation hopes to answer, starting this summer, with an ambitious year-long experiment in Ann Arbor, Michigan. In August the National Highway Traffic Safety Administration plans to...
| 
