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Thursday, June 19, 2003
Tech Digest
T-Mobile wins rights to 'Charlie's Angels' content
T-Mobile International AG, the wireless unit of Deutsche Telekom AG, won exclusive rights to sell content from the new movie "Charlie's Angels: Full Throttle" from Sony Corp.'s Sony Pictures Digital Networks.
T-Mobile will sell images, ring tones, games and video excerpts from the movie, which stars Drew Barrymore, Cameron Diaz and Lucy Liu, on subscribers' cellular phones, it said in an e-mailed statement. Financial details weren't disclosed.
The Bonn, Germany-based company is trying to win customers for its T- Zones mobile-phone content and multimedia messaging services, which compete with bigger rival Vodafone Group Plc's Vodafone Live! MMS services.
Best Buy sharply cuts its loss in 1st quarter
MINNEAPOLIS -- Best Buy Co. Inc. reported a dramatically narrower first quarter loss as increased consumer confidence resulted in strong revenue gains. Best Buy, the nation's largest consumer electronics chain, said yesterday that the net loss for the three months ended May 31 was $25 million, or 8 cents per share. That compared with a loss of $333 million, or $1.02 a share, a year earlier, when Best Buy took a $308 million charge associated with the reduced value of Musicland and a charge of $40 million associated with its Magnolia Hi-Fi chain.
Irish schools, libraries to get fast Net access
The Irish government communications minister, Dermot Ahern, said yesterday that he would provide broadband Internet connections for every school, library and community center in Ireland.
Speaking after meeting government officials in Tallinn, Estonia, Ahern said that the connections should not cost more than $35.4 million, and could be financed by a new tax on telecommunications companies. Despite long-established state efforts to promote Internet usage, only 38 percent of Ireland's people use the Internet.
Tech Digest is written by P-I reporters Todd Bishop, John Cook and Dan Richman. Send comments to johncook@seattlepi.com. This report includes information from The Associated Press and Bloomberg News.
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