DreamWorks disappointed with 3D progress

DreamWorks Animation SKG CEO Jeffrey Katzenberg is disappointed with the pace at which movie theatre chains are moving to deploy digital and 3D technology, says Reuters.

"Things haven't progressed as well as I had hoped," Katzenberg told analysts on a quarterly conference call.

"I feel as though things have dragged along, and it's been pretty disappointing," said Katzenberg, a huge proponent of 3D films, who has pledged to make all future films in 3D at an incremental cost of $15 million per film.

Google's Brazilian subsidiary has handed over information on more than 3 000 of its users to a Brazilian Senate panel investigating paedophilia, says CNN Money.

Felix Ximenes, Google's communications director, delivered a set of DVDs containing information on 3 261 users of the company's popular Orkut social-networking service for an investigation into the spread of child pornography on the site.

"With the information we have received, we will be able to strike a major blow against the paedophile network acting in the country," said senator Demostenes Torres.

Microsoft has delayed Service Pack 3 (SP3) for Windows XP, citing compatibility issues between the software and its point-of-sale application for small and medium businesses, states NewsOXY.

Microsoft last week said it had finished work on Windows XP SP3 and it would be available for download on Tuesday.

However, the company found incompatibilities in an application called Microsoft Dynamics RMS, which is management software designed for small and medium businesses, so it is holding off on releasing the update. The problem also extends to an update to Microsoft's newer operating system, Vista.

According to CNN Money, computer and consumer electronics giant Apple has posted fiscal second-quarter sales and profit that beat Wall Street's expectations thanks to a 51% increase in Macintosh sales.

However, the stock dipped slightly after-hours as Apple gave sales and earnings guidance for its third-quarter that may have disappointed investors.

Apple posted net income of $1.05 billion, or $1.16 per share, up 36% from a year ago and beating analysts' forecasts of $1.07 per share.