Nvidia cuts Q4 projections due to disk-drive shortages; Netgem reports 4Q results

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> Graphics processor maker Nvidia cut its fourth-quarter sales projection, saying disk-drive shortages have crimped orders from personal-computer makers. The Santa Clara, Calif.-based company now expects to report revenue of $950 million, plus or minus 1 percent, according a statement yesterday. Article

> Netgem, for the quarter ended Dec. 31, 2011, reported €25.2 million in consolidated revenue, bringing consolidated revenue for the full year 2011 to €84.6 million, with 55% coming from international customers. Release

> The Weather Channel Companies has named former Akamai president David Kenny as its new chairman and chief executive officer. Article

> Just 19 percent of Internet users think it is acceptable to watch an advertisement that is 30 seconds or longer in order to view free content afterwards; the majority (54 percent) said the ads should last 15 seconds or less. Article

> Telcos had a 12 percent share of the global pay-TV market at the end of the third quarter of 2011, according to a new report, totalling 94 million subscribers overall. Article

> Post-Christmas demand for AT&T's U-verse service has created a shortage of Motorola modems, creating installation delays for customers in the Milwaukee, Wis. Article

> AT&T, blaming its sluggish landline business, has cut some 150 workers from its payroll in Connecticut. Article

> Swiss operator Sunrise has rolled out its long-awaited IPTV service, which it announced in November. Article

> Verizon added 194,000 FiOS video subscribers in the fourth quarter, en route to a record $28.4 billion in revenue for the quarter, an increase of 7.7 percent from a year ago. Article

And finally... A heart that was dropped on the ground while being transported to a hospital has been successfully transplanted into a 28-year-old hair stylist. Article