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Friday, February 9, 2007

Wal-Mart Movie Downloads: Watch out Netflix and Blockbuster Videos!

TechNews in Brief: Identity Metasystem, Public Key Certificates

Wal-Mart starts to compete with NetFlix, iTunes, Blockbuster and others. The Dayton giant wants to get into the download business of movies. Wal-Mart will selling movies ranging in prices of $1.99 to $18.99. Once again, Wal-Mart will try to get the customers by offering low prices.

Cisco Systems Profit Surge.

The San Jose-based company that makes routers and switches that direct data over computer networks reported that it made some profits. Cisco is also making money from sales coming from Scientific-Atlanta Inc., the world's second-largest cable television box seller. Cisco bought the company last year for $6.9 billion. Its upgrade for video allows the company to be the supplier of all the necessary equipment.

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