Sony Electronics plans to unveil a new digital-projection system for movie theaters, using a microchip it says will advance the industry and rival Texas Instruments’ market-leading product.
The move by Sony (SNE) comes as the industry appears headed for breakthroughs in establishing technology standards and business models for digital-projection systems that can cost $100,000 or more. A few years ago they cost as much as $150,000.
For Hollywood studios, the systems could also save millions of dollars in annual costs for duplicating and shipping movies because film would be replaced by digital files sent by satellite, the Internet or on DVD-like disks.
Symbol status: Symbol Technologies’ former chief executive officer and chief financial officer face federal charges, according to court documents, after a long-running government probe of the company’s accounting.
Former CEO Tomo Razmilovic, former CFO Kenneth Jaeggi and former chief counsel Leonard Goldner are scheduled to be arraigned in U.S. District Court in Long Island, according to a court calendar.
Charges, if any, were not immediately known. The U.S. Attorney’s office was not immediately available for comment. Symbol (SBL) declined to comment.
Your very own Google: Google unveiled an updated version of its Google Search Appliance hardware for businesses Wednesday, signaling the company’s intent to continue working its way into the lucrative enterprise search market.
Based on the same algorithms that power the search engine at Google.com, the GB1001 fits into a company’s data center for use on either a consumer-facing website or corporate intranet. The updated appliance is twice as large as its predecessor, but can now index 1.5 million documents and can handle 300 queries per minute, making it five times more powerful in terms of speed and capacity, according to Google enterprise general manager Dave Girouard.
Google first started marketing the search appliance in 2002, aiming it at Fortune 5000 companies and government organizations. Though the company faces stiff competition from enterprise search leaders Verity and Inktomi, it reported a 200 percent increase in sales in 2003.
Car trouble: A day after acknowledging it had hidden defects from authorities for years, struggling Japanese automaker Mitsubishi Motors recalled more than 116,000 vehicles in its ninth recall this year and said another 220,000 of its cars in Europe may have defects with the turn signals.
The latest recalls, which include 11,000 exports, were separate from the 160,000 vehicles manufactured in the 1990s spanning nearly all models that the Tokyo-based automaker recalled Wednesday for 26 defects.
Despite repeated promises to improve quality, Mitsubishi Motors has suffered from a series of recalls since it announced a massive recall four years ago.
Corporate shuffle: Microsoft, hoping to sell more business software to smaller companies, announced a reorganization of top executives that will have developers of software for small- and medium-sized businesses reporting directly to chief exec Steve Ballmer.
Doug Burgum – the former chief executive of Great Plains Software, which was acquired by Microsoft to boost the software giant’s business for small- and medium-sized companies – will now report to Ballmer instead of Jeff Raikes, head of the information worker division that makes the Office family of applications.
Orlando Ayala, who is in charge of marketing and sales for small- and medium-sized businesses, will report to Burgum. Before joining the business solutions segment, Ayala was Microsoft’s sales chief.