No sign of ad upturn for AOL

AOL says it expects any increases in subscription revenues to be offset by a drop in advertising revenues by as much as 50 per cent during 2003. The drop is largely due to pre-booked ads not delivering the revenues first anticipated. This, balanced with the predicted income from new advertising will put revenues for 2003 roughly par with those of 2002, says the company. ...more

Nikon launches new Wi-Fi digital cameras

The camera giant's latest offerings include two additions to the L series, the Coolpix L1 and Coolpix L101, and the Coolpix S3 and S4 will supersede the S2. However, it is Nikon's first foray into Wi-Fi enabled cameras that will excite photographers. The Coolpix P1 and P2 have built-in Wi-Fi LAN support which allows users to take advantage of two new functions: wireless transfer and wireless shooting. ...more

Napster losses deepen despite subs and sales gains

Napster has reported a rise in net losses over the last financial quarter despite recording increases in both subscriber numbers and revenue. Losses for the quarter totalled $16.7mn compared to $14. ...more

GeForce FX off the blocks

nVidia brings photo-realism to the desktop with GeForce FX. From both sides of the Atlantic, nVidia yesterday launched its next generation of graphics processor: here in Lodon and at the Comdex industry show in Las Vegas. Rather than a small step forward to GeForce 5, the company is claiming a giant leap with the moniker GeForce FX. ...more

Google's Picasa takes on Yahoo!'s Flickr

Google is updating its Picasa online photo management service to include 'web albums'. The new features will enable users to share their pictures with other people on the Internet. The new functions bring Picasa into line with the highly successful Flickr photo sharing and community site owned by Yahoo!. ...more