SAN DIEGO, CA - A senior executive at Sony has reported solid U.S. sales for the company in the first two months of the year, despite economic concerns.

"We have already had a solid January and February," said Stan Glasgow, Sony US president and COO.

He noted that the company had a record holiday sales season, and that it had gained market share for some products. He added that he expected total global sales of Blu-ray high-definition movie players produced by all manufacturers to reach approximately 5 million in 2008, and that most will be sold in the U.S.

CHICAGO - AT&T will reportedly invest $1 billion worldwide this year to expand networks and services in key markets.

Speaking to reporters in New Delhi, Greg Brutus of At&T Asia Pacific said that the largest portion of the investment would be spent outside the United States, to install undersea fiber-optic cables for an Ethernet network in Europe and Asia.