Apple touts new offerings, disses Microsoft at expo
San Francisco – Apple Computer Inc. ratcheted up its renewed rivalry with Microsoft Corp. and PC makers Monday, announcing two new computers that complete its transition to industry-standard Intel Corp. chips and showing off slick new features of its next operating system.
But the real message at Apple’s annual developer’s conference was that, at least from Apple’s perspective, its on-again, off-again fight with Microsoft and other PC makers is very much on again.
“You know, our friends up north spend over $5 billion a year on research and development,” Apple chief executive Steve Jobs said, referring to Redmond, Wash.-based Microsoft. “Yet these days, all they seem to be able to do is try to copy Google and Apple.”
Jobs pointed out that many of the features in Microsoft’s forthcoming Vista operating system, planned for release early next year, duplicate features that Apple built into numerous operating-system releases over the past five years.
GLENWOOD SPRINGS
BLM: Drilling won’t affect environment
Bureau of Land Management managers have concluded that a test project proposed by EGL Resources Inc. to extract oil from shale in western Colorado would have no appreciable environmental impact.
EGL wants to drill a vertical shaft on a parcel near Meeker to fracture the shale, inject superheated steam or fluids to melt the oil-bearing materials and then pump the oil to the surface.
DENVER
Record 4.4 million used DIA in June
Nearly 4.4 million passengers traveled through Denver International Airport in June, the facility’s busiest single month as more consumers snapped up ticket bargains amid increased competition, an official said Monday.
The previous record was 4.3 million passengers in July 2005, the airport said. The June total also marked the 14th straight month that passenger numbers set a record for a given month, the airport said.
LONGMONT
New satellite imaging sensor set for install
DigitalGlobe, a Longmont- based provider of commercial satellite imagery and geospatial information products, said Monday that ITT Corp. has completed and shipped the imaging sensor for the next-generation WorldView 1 satellite.
The sensor is now at Ball Aerospace & Technologies Corp. in Broomfield to be integrated into the satellite.
DENVER
Firm to produce wildlife campaign
Denver-based Extra Strength Marketing Communications has been selected to produce a public-awareness campaign for the Wildlife Management Education Fund.
The purpose of the campaign, which could launch as early as September, is to educate non- anglers and nonhunters about wildlife management and the importance of hunting and fishing in Colorado.
NIWOT
Crocs increases shares it’s selling
Niwot-based Crocs Inc. has increased the number of shares it will sell in a secondary offering to 6.9 million from 6.5 million, the company said in an amended registration statement filed Monday.
Proceeds from the offering will go to the selling shareholders, and the company will not receive any proceeds.
GOLDEN
Good Times gets $1 million credit line
Good Times Restaurants Inc. has entered a loan agreement with PFGI II LLC, the Golden-based company said in a Securities and Exchange Commission filing Monday.
The loan agreement provides for a $1 million revolving credit line, which the company intends to use for construction and improvements to restaurants.
DOUGLAS COUNTY
TeleTech Holdings’ finance chief resigns
TeleTech Holdings Inc., a Doug las County-based business process outsourcing provider, announced Monday that Dennis Lacey, the company’s chief financial officer, has resigned effective Aug. 16.
TeleTech said Lacey accepted a position in a deal-making capacity with Aurora-based Republic Financial Corp., a private investment firm.
WESTMINSTER
Allos Therapeutics posts $7 million loss
Allos Therapeutics Inc., which is engaged in clinical trials for two cancer treatments, on Monday posted a $7 million loss for the second quarter.
The loss of 13 cents per share compares with a loss of $5.6 million, or 13 cents per share, in the comparable period of 2005.
NEW YORK
AOL says search-term release was mistake
AOL released the Internet search terms that more than 650,000 of its subscribers entered over a three-month period and admitted Monday that what it originally intended as a gesture to researchers amounted to a privacy breach and a mistake.
Although AOL had substituted numeric IDs for the subscribers’ real user names, the company acknowledged that the search queries themselves may contain personally identifiable data.
BOSTON
Court says IBM didn’t discriminate over age
IBM did not commit age discrimination when it changed its pension coverage in the 1990s, a federal appeals court ruled Monday. Big Blue had agreed to settle for up to $1.4 billion if it had lost the appeal.
The case involved 140,000 older employees who were affected when IBM converted to a “cash-balance” plan, which gives workers virtual accounts that can be cashed out for a lump sum when they leave the company.
NEW YORK
Martha Stewart to pay $195,000 in settlement
Martha Stewart will pay about $195,000 and cannot serve as a director of a public company for five years under a settlement announced Monday on civil insider-trading charges with the Securities and Exchange Commission.
Under the settlement, Stewart agreed to make a payment relating to losses the government said she avoided on her sale of ImClone Systems Inc. stock in December 2001.
NEW YORK
Google to be only search for MySpace
Google Inc. reached a deal Monday with News Corp., owner of My Space.com, to share at least $900 million in advertising revenues and become the exclusive search provider for the popular social-networking site.
