New York, Apr. 17 : In another step in its transformation from an online jumble of amateur videos to a destination for mainstream TV programs and movies, YouTube said Thursday that it had signed deals with Hollywood studios to showcase thousands of TV episodes and hundreds of movies on its Web site.
Google, which owns YouTube, said it might eventually bring another innovation to the site: payment for some premium content.
Tokyo - Japanese electronics giant Toshiba Corp Friday revised its earnings estimate for the previous business year, now predicting a greater net loss due to a price slump in the semiconductor market and tax credit costs.
Toshiba now predicts a net loss of 350 billion yen (3.5 billion dollars) for the business year that ended March 31, up from a previous 280-billon-yen loss estimate. Last business year, Toshiba reported net profits of 127.4 billion yen.
Tokyo - Japan's semiconductor industry is to experience a major shake-up, as electronics companies Renesas Technology and NEC Electronics are considering to merge, a news report said Thursday.
The two companies were in talks and a deal is expected by the end of the month, the Nikkei, a business daily, reported. A merger, which is expected to go ahead by April 2010, would create Japan's largest chipmaker.
The move was to to ensure the companies' survival during the global downturn.
Rio de Janeiro - Brazil's government awarded the national planemaker Embraer a defence contract worth 1.4 billion dollars for developing a new military cargo plane. The KC-390 cargo plane, which is expected to have a capacity of 19 tons, is to be developed jointly with Brazil's Air Force over the next seven years to replace old Hercules-C-130 planes.
The Air Force is expected to place an initial order of 22 jets.
Amsterdam - Dutch electrical giant Philips announced a first quarter loss of 57 million euros (76 million dollars) on Tuesday, admitting a "further significant deterioration in our markets."The first quarter profit for 2008, by comparison, was 294 million euros.
Chief Executive Officer Gerard Kleisterlee said "our medical- division sales are also now affected. In our first quarter, like-on- like sales from last year fell from 5.97 to 5.08 billion euros."
Bank of Rajasthan, one of the oldest, fastest growing, technology driven and customer friendly private sector bank, has informed that it has tied up an alliance with DBS Cholamandalam Asset Management Ltd, to qualitatively enhance its reach in the category of mutual fund investors across the country.
According to a senior official, the tie-up is intended to fulfill the investment needs of Bank of Rajasthan customers, by helping them to reach their financial goals.
New York, Apr. 17 : In another step in its transformation from an online jumble of amateur videos to a destination for mainstream TV programs and movies, YouTube said Thursday that it had signed deals with Hollywood studios to showcase thousands of TV episodes and hundreds of movies on its Web site.
Tokyo - Japanese electronics giant Toshiba Corp Friday revised its earnings estimate for the previous business year, now predicting a greater net loss due to a price slump in the semiconductor market and tax credit costs.
Tokyo - Japan's semiconductor industry is to experience a major shake-up, as electronics companies Renesas Technology and NEC Electronics are considering to merge, a news report said Thursday.
Rio de Janeiro - Brazil's government awarded the national planemaker Embraer a defence contract worth 1.4 billion dollars for developing a new military cargo plane. The KC-390 cargo plane, which is expected to have a capacity of 19 tons, is to be developed jointly with Brazil's Air Force over the next seven years to replace old Hercules-C-130 planes.
Amsterdam - Dutch electrical giant Philips announced a first quarter loss of 57 million euros (76 million dollars) on Tuesday, admitting a "further significant deterioration in our markets."The first quarter profit for 2008, by comparison, was 294 million euros.
Bank of Rajasthan, one of the oldest, fastest growing, technology driven and customer friendly private sector bank, has informed that it has tied up an alliance with DBS Cholamandalam Asset Management Ltd, to qualitatively enhance its reach in the category of mutual fund investors across the country.
