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Wednesday, August 3, 2011 12:13 AM PDT

Today's Reuters Technology News Headlines - Yahoo! News: Biggest-ever series of cyber attacks uncovered, U.N. hit MetroPCS posts weak subscriber numbers, shares plunge Cavium forecasts Q3 sales below Wall Street, shares Sonus Networks posts surprise loss on delayed deals, Smith Micro Q2 loss wider than expected; shares fall LivingSocial enters Korea with biggest acquisition UK to legalize private copying of CDs: source Broadband closer to advertised speeds: study S1 board rejects ACI offer, backs Fundtech deal U.S. trade panel to probe Apple claim against Samsung Russian minister calls for limits on the Internet Government hankers for hackers Expert-networking defendant challenges wiretap Experts design soft, strong robot for healthcare facilities Sony plans to overhaul lossmaking TV division Biggest-ever series of cyber attacks uncovered, U.N. hit Tue,2 Aug 2011 09:07 PM PDT Reuters - BOSTON (Reuters) - Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world. Full Story Top MetroPCS posts weak subscriber numbers, shares plunge Tue,2 Aug 2011 04:53 PM PDT Reuters - NEW YORK (Reuters) - MetroPCS Communications Inc lost more than a third of its market value on Tuesday after it reported quarterly earnings that missed Wall Street expectations and warned that already-weak second-quarter subscriber numbers would worsen in the current quarter. Full Story Top Cavium forecasts Q3 sales below Wall Street, shares Tue,2 Aug 2011 03:41 PM PDT Reuters - (Reuters) - Chipmaker Cavium Inc posted a quarterly profit above market estimates, helped by strong growth in its broadband and consumer business, but forecast weaker-than-expected third-quarter revenue, sending its shares down 10 percent after hours. Full Story Top Sonus Networks posts surprise loss on delayed deals, Tue,2 Aug 2011 03:40 PM PDT Reuters - (Reuters) - Sonus Networks , which makes voice and data communication equipment, posted a surprise quarterly loss as longer deal cycles took its toll on gross margins, sending its shares down 8 percent after market. Full Story Top Smith Micro Q2 loss wider than expected; shares fall Tue,2 Aug 2011 03:37 PM PDT Reuters - (Reuters) - Smith Micro Software posted a wider-than-expected quarterly loss as revenue almost halved, and forecast weak third-quarter sales, sending its shares down 12 percent after hours. Full Story Top LivingSocial enters Korea with biggest acquisition Tue,2 Aug 2011 02:00 PM PDT Reuters - SEOUL (Reuters) - LivingSocial agreed to buy South Korean online daily deal provider TicketMonster in a stock-swap to expand further into the Asian market, the companies said on Tuesday, without disclosing the value of the deal. Full Story Top UK to legalize private copying of CDs: source Tue,2 Aug 2011 01:34 PM PDT Reuters - LONDON (Reuters) - Britain will signal on Wednesday that it intends to legalize copying of CDs or DVDs onto digital music players or computers for personal use, a government source said on Tuesday. Full Story Top Broadband closer to advertised speeds: study Tue,2 Aug 2011 11:47 AM PDT Reuters - WASHINGTON (Reuters) - Broadband speeds on average are within 80 percent of what major Internet service providers advertise, a big improvement from two years ago, according to a government study. Full Story Top S1 board rejects ACI offer, backs Fundtech deal Tue,2 Aug 2011 10:51 AM PDT Reuters - BANGALORE (Reuters) - S1 Corp, a payment processing technology provider, said its board rejected ACI Worldwide Inc's takeover proposal and that it is committed to buying Israel-based Fundtech Ltd. Full Story Top U.S. trade panel to probe Apple claim against Samsung Tue,2 Aug 2011 10:15 AM PDT Reuters - SAN FRANCISCO (Reuters) - A U.S. trade panel that hears patent disputes has agreed to investigate Apple Inc's complaint that mobile phones and tablets made by South Korean rival Samsung Electronics Co Ltd violate its technology intellectual property. Full Story Top Russian minister calls for limits on the Internet Tue,2 Aug 2011 08:22 AM PDT Reuters - MOSCOW (Reuters) - Russia's interior minister called on Tuesday for limits on the Internet to prevent a slide in traditional cultural values among young people, raising fears of controls over the vibrant Russian-language Web. Full Story Top Government hankers for hackers Tue,2 Aug 2011 07:57 AM PDT Reuters - WASHINGTON (Reuters) - The National Security Agency has a challenge for hackers who think they're hot stuff: prove it by working on the "hardest problems on Earth." Full Story Top Expert-networking defendant challenges wiretap Tue,2 Aug 2011 06:25 AM PDT Reuters - NEW YORK (Reuters) - A former expert-networking executive arrested as part of a government insider trading probe asked a New York judge on Monday to throw out wiretap evidence four weeks before his trial is to begin. Full Story Top Experts design soft, strong robot for healthcare facilities Tue,2 Aug 2011 05:17 AM PDT Reuters - HONG KONG (Reuters) - Researchers in Japan unveiled a robot on Tuesday that can lift a patient weighing up to 80 kg (176 lbs) off the floor and onto a wheelchair, an innovation they say will free healthcare workers from the back-breaking task. Full Story Top Sony plans to overhaul lossmaking TV division Tue,2 Aug 2011 03:05 AM PDT Reuters - TOKYO (Reuters) - Sony Corp will pull together plans this month to restructure its lossmaking television business and even consider teaming up with other firms, a senior executive said this week, days after the company cut its full-year net profit forecast. Full Story Top

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