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Amazon profit doubles, beats estimates
(AP)
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 AP - Amazon.com Inc. showed that it wasn't being hurt by economic weakness and high fuel prices, reporting Wednesday that its second-quarter profits more than doubled and surpassed analyst expectations. The Internet retailer also raised full-year revenue projections.
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Microsoft Opens Xbox 360 To Outside Game Creators
(NewsFactor)
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NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.
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Qualcomm shares soar as Nokia trial delayed
(AP)
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AP - Chip maker Qualcomm Inc. delayed the release of its fiscal third-quarter results Wednesday after a Delaware judge postponed the start of a trial pitting the company against mobile handset maker Nokia Corp. in a dispute over licensing fees.
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Intel says Moblin update coming soon
(InfoWorld)
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InfoWorld - Intel is readying a second release of the Moblin open-source platform for mobile computing, with plans set for an alpha-level version in a few weeks, an Intel official said at the O'Reilly Open Source Convention (OSCON) in Portland, Ore. on Wednesday.
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iPhone 3G Shortages Could Last for Weeks
(NewsFactor)
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NewsFactor - Last week's iPhone 3G launch appears to have been a success, with the device sold out in virtually all U.S. locations. Calls to local AT&T stores in the metropolitan Chicago area, for example, turned up no phones, and long wait lists. Reasons for the shortage range from Apple underestimating demand to a shortage of components from overseas suppliers.
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AP - The head of a prominent cancer research institute issued an unprecedented warning to his faculty and staff Wednesday: Limit cell phone use because of the possible risk of cancer.
AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.