A recent Cable & Telecommunications Association for Marketing (CTAM) report shows strong growth over the past year in HDTV ownership. In 2009, 53 percent of total U.S. households report owning a high definition television.
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3Com is to build a next-generation data center for Sohu, one of China’s premiere online community destinations.
Sohu made its decision after a two-month field test of 3Com’s recently launched H3C data center solutions — including the S12500 Series core switch line and the S5800 Series 10-gigabit switch series.
Blu-ray Disc player household penetration is up to 12.3 million in the US for the first quarter of 2009, a 71 per cent gain year over year, according to a survey.
Research firm Centris also found that the number of American households with an HDTV is up to 50.5 million – a gain of 33 per cent from the first quarter of 2008.
Seagate reported a loss of USD $81 million on revenue of $2.35 billion for the second quarter of this year.
Despite the poor results, the company said it is seeing signs that the storage market is improving and it is making progress toward returning to sustained GAAP profitability as soon as possible.
Iron Mountain Digital has announced that it has signed its first European customer for its recently launched Virtual File Store service.
The provider of STorage-as-a-Service (STaaS) for backup and archiving’s Virtual File Store solution is an enterprise-class cloud-based data archiving service designed to help companies reduce the costs of storing and managing inactive data.
Three units of HSBC Group have been fined GBP 3.185 million (USD $5.2 million) by Britain’s financial regulator for failing to protect consumer data from loss or theft.
The Financial Services Authority (FSA) said all three firms had been warned by HSBC Group Insurance’s compliance team about the need for robust data security controls in July 2007.
EMC has reported a slight increase in revenue last quarter and provided an optimistic forecast for the second half of the year.
The announcement came as it completed the USD $2.1 billion acquisition of data deduplication specialist Data Domain.
Skype’s subscriber base just keeps on climbing, with another 37 million people added in the second quarter – taking the total year-to-date increase to 75 million.
Growing subscribers also means growing revenues and the VoIP company saw Q2 revenue jump 25 per cent year-over-year to USD $170 million.
The number of people watching video-on-demand (VOD) programming in the US surged in June – fuelled by rises in the popularity of pay-per-view content and more children taking advantage of free programming, according to Rentrak.
The increases made June the most-viewed month for video-on-demand this year, delivering more than 589 million transactions.
More than a third of Russian consumers are interested in a smartphone-based navigation device – while nearly 63 per cent are willing to pay more than euro 4 per month for a vehicle tracking service based on a GPS-enabled smartphone.
These are among the findings of research by Frost & Sullivan which also showed that global positioning system (GPS)-enabled smartphone technology is gaining ground over traditional portable navigation devices (PND) in the Russian navigation and telematics market.