A couple of technology trade associations said Tuesday that they have approved a merger. The combination of AeA and the Information Technology Association of America, which is expected to close by year's end, will create a group of about 2,000 member companies, including Microsoft, Apple and Google. The new organization will be called the Technology Association of America.
EA off mark
Electronic Arts warned Tuesday that it expects revenue and earnings for fiscal 2009 to miss its previous outlook because of weaker-than-expected holiday sales and might cut more jobs to reduce costs. Shares fell 12% on Monday and another 11% in after-hours trading. In October, EA predicted earnings per share of up to $1.40 for the fiscal year ending in March and said it planned to cut 500-600 jobs.
All about video
Google video sites attracted a record 100 million unique visitors who watched 5.4 billion videos in October, according to a comScore report Tuesday. YouTube accounted for more than 98% of Google's total. Overall, Internet users in the U.S. viewed 13.5 billion online videos during the month, representing an increase of 45% compared with a year ago.
Nathaniel Davis has resigned from the board of directors of Charter Communications, marking the third time in four months a director at the cable company has resigned. As with those before him, his vacated position on the board will not be filled at this time, Charter said.