Sony announced it would discontinue production of the classic version of its Walkman portable music device for the Japanese market. The Walkman, which has sold about 220 million units since coming on the scene in 1979 as a radical, new concept, will still be offered in the U.S., Europe and parts of Asia in the cassette model.
Gadgets of all sorts are on wish lists this holiday season, but a shortage of the components that make the machines run could put a hitch in retailer's plans for a hot holiday season, writes blogger Elizabeth Woyke. Many of the component factories in Asia that closed down when business took a hit during the 2008 downturn have yet to reopen and ramp up production.
Gemalto has filed U.S.-based lawsuit against a handful of smartphone makers, alleging their use of the Android operating system infringes on patents the French company earned related to Java Card technology it developed in the U.S. in the 1990s. The smart-card maker and digital-security company is suing Google, HTC, Motorola, Samsung Electronics and Samsung Telecommunications America.
With customers beginning to spend money a bit more freely, RadioShack generated $1.05 billion in the third quarter, an increase of 6.2% over the comparable period in 2009. The retailer also reported profits rose 23%, to $46 million. Same-store sales were up 6.2% as opposed to a 2.9% decrease in the year-ago time frame.