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CNN is close to expanding its "iReport" user-generated reporting initiative into a separate Web site, MediaWeek wrote Monday.

The new site, to be hosted at iReport.com, will be a repository for user-submitted news content--video, audio, and photos. Visitors can navigate through categories of news (like sports, weather, and politics), rate content, and embed it elsewhere on the Web. Contributors will be able to create profiles, and regulars can build up individual followings. As for filtering, the new site will be moderated once content has already been posted to the site; this is a change from CNN's … Read more

Updated at 3:45 p.m. PST following the conference call, with changes throughout.

Apple's first quarter hit on all cylinders, as the company continued its financial run on the strength of its Mac business. But anyone looking for reassurance about the overall health of the economy later this year didn't get it from Apple.

The company posted revenue Tuesday of $9.6 billion for its first fiscal quarter, which ended December 29. That's better than the $9.5 billion expected by financial analysts, and Apple also gave them good news with its earnings-per-share number of $1.… Read more

Calling all entrepreneurs: follow the money.

If you did, that road down the IT path would likely lead you to clean-tech and Internet-specific businesses, according to results of the 2007 MoneyTree Report released Friday by PricewaterhouseCoopers and the National Venture Capital Association.

U.S. venture capitalists invested a total of $29.4 billion in 2007, up 10.8 percent from the previous year. That marked the fourth consecutive year of growth. The number of deals reached 3,813 last year, a modest rise of 5 percent over a year earlier.

Clean-technology companies attracted $2.2 billion in investments last year, … Read more

While the raw numbers from AMD's latest earnings call are as gory as we've seen from the chipmaker this year, the bigger picture is more favorable.

AMD took steps toward--but fell just short of--profitability during its fourth quarter. On a net loss basis, the number is staggering: AMD reported a loss of $1.8 billion. However, the few Barcelona shipments that did go out during the fourth quarter helped AMD fall just short of profitability after you factor out a few one-time charges.

The net loss number reflects a charge AMD was forced to take after determining that … Read more

With the holidays over and only a few days to go in 2007, Power Downloader decided to take a look back at the year to relive some of his more exciting adventures. Always knowing which software to download in a given emergency is never easy, but having Download.com at his disposal definitely helps when on the trail of an Internet bad guy.

Looking through his case files, Power Downloader remembered the time when he had to get a new laptop computer. As with anytime Power needs to get a new computer, he knew he wouldn't be comfortable until … Read more

Consumer Reports has put out its regular list of the best cell phones and carriers. Though this time around, I'm more in agreement with the results, like last year there were a few phones on the list I didn't love quite as much. And I'm surprised again as to just how many older models are included. Given Consumer Reports' lead time, keep in mind that none of the phones introduced in the last couple months (such as the LG Voyager) are on the list, but by and large it's quite comprehensive.

Out of the 40 phones … Read more

When I bought a gaming PC for home use a little over a year ago, I bought a middle-of-the-road machine that had everything I needed with a little room to upgrade later on down the line. I got a 2.2GHz processor, a high-end (at the time) video card so I could play the latest games, 2 gigs of RAM (on the advice of a gamer friend), and I opted for a 120GB hard drive to save a little money.

At the time, it seemed like 120GB would be more than enough. After all, I can remember when a 1GB hard drive was the pinnacle of storage capacity--120GB ought to be able to hold anything right? Games these days generally take up a few gigs each so I thought I would never run out of space. I now know I was wrong. If you wait long enough, even the biggest hard drives will fill up.… Read more

Emerging nations are buying notebooks by the bundle, and Hewlett-Packard is reaping the benefits.

HP reported its fourth-quarter earnings Monday, and revenues were up across its business units, but the PC business was again the star. Revenue for the Personal Systems Group, which sells desktops and notebook PCs, was up 30 percent from the same quarter a year ago to $10.1 billion. It's the first time the business unit has crossed the $10 billion threshold. Shipments of PCs rose about one-third in the last year.

But HP is claiming success for its revenue and sales growth all for … Read more

Update at 7:19 a.m. PDT: Facebook comment added.

Stephen Colbert should consider naming Facebook founder Mark Zuckerberg as his running mate* in his quasi-legitimate presidential campaign; the social-networking site has been the political satirist's prime rallying grounds.

Sometime on Thursday night, a Facebook fan group for Colbert's campaign met its membership goal of 1 million Facebook members--and the group was founded just over a week ago.

The group, "1,000,000 Strong for Stephen T Colbert" (the "T" stands for Tyrone, for the record) was started by a Facebook user shortly after … Read more