Today's Reuters Technology News Headlines - Yahoo! News:
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Justice Department may sue Apple, publishers on e-book pricing: WSJ
Wed,7 Mar 2012 09:44 PM PST
Reuters -  (Reuters) - The Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, the Wall Street Journal said, citing people familiar with the matter. Several parties have held talks to settle the potential anti-trust case, the paper cited the people as saying. It added that a successful settlement could lead to cheaper e-books for consumers. However, not all publishers are in settlement discussions, the Journal said. ...
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Apple unveils 4G iPad
Wed,7 Mar 2012 07:39 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc's latest iPad sports a crisper display and an array of technology advances that, while less than revolutionary, may prove enough for now to keep rivals like Amazon.com Inc and Samsung Electronics Co Ltd at bay. While stopping short of vaulting ahead of Motorola and Samsung, the device -- which comes 4G-ready and boasts a quad-core graphics processor -- is capable enough to help safeguard its two-thirds market share. "The screen is a notable feature for non-techie customers, as is the faster connectivity. ...
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Proview Shenzhen asks China distributors to halt iPad sales
Wed,7 Mar 2012 07:39 PM PST
Reuters - HONG KONG (Reuters) - Proview Technology, which is battling Apple over the iPad trademark in China, has asked Chinese distributors to stop selling the popular tablet PC after the U.S. technology giant launched the latest version of its iPad. The move is the latest twist in a long-running lawsuit between the world's most valuable technology company and the Chinese firm, a unit of near-bankrupt Proview International Holdings Ltd, but was expected to have little impact on the case. ... Full Story | Top |
Former top Microsoft exec says world is over the PC
Wed,7 Mar 2012 06:45 PM PST
Reuters -  SEATTLE (Reuters) - Ray Ozzie, the man who succeeded Bill Gates as Microsoft Corp's tech visionary, believes the world has moved past the personal computer, potentially leaving behind the world's largest software company. The PC, which was Microsoft's foundation and still determines the company's financial performance, has been nudged aside by powerful phones and tablets running Apple Inc and Google Inc software, the former Microsoft executive said. "People argue about 'are we in a post-PC world?'. ...
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U.S. tech groups alarmed by India purchasing plan
Wed,7 Mar 2012 05:11 PM PST
Reuters -  WASHINGTON (Reuters) - Leading software and technology companies on Wednesday pressed President Barack Obama's administration for quick action on a new Indian government policy that they said threatens exports to the fast-growing economy. The Business Software Alliance, Telecommunications Industry Association and other groups said in a letter to Trade Representative Ron Kirk that they were "deeply concerned" by a plan that would require the Indian government to give domestic electronic goods preferential treatment in its purchases. ...
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Facebook adds 25 more underwriters for IPO
Wed,7 Mar 2012 04:51 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Facebook Inc added 25 banks to help underwrite the company's initial public offering, meaning most of Wall Street will have a role in the share sale, according to an amended IPO filing on Wednesday. Facebook also said on Wednesday that it had secured two new credit facilities, one of which will help the company satisfy hefty tax withholding obligations and remittances related to employees' stock units following its initial public offering. ...
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Facebook adds 25 more underwriters for IPO
Wed,7 Mar 2012 03:54 PM PST
Reuters - SAN FRANCISCO (Reuters) - Facebook Inc added 25 banks to help underwrite the company's initial public offering, meaning most of Wall Street will have a role in the share sale, according to an amended IPO filing on Wednesday. Facebook also said on Wednesday that it had secured two new credit facilities, one of which will help the company satisfy hefty tax withholding obligations and remittances related to employees' stock units following its initial public offering. Facebook, the world's No. ...
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Apple lifts lid on 4G iPad, keeps prices
Wed,7 Mar 2012 03:02 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc took the wraps off a faster 4G-equipped iPad starting at $629, hoping the latest version of its tablet can safeguard its dominance over rivals ranging from Amazon.com Inc to Samsung Electronics Co Ltd. Chief Executive Tim Cook, presiding over his second major product launch after debuting with 2011's voice-enabled iPhone 4S, introduced the highly anticipated third iteration of the tablet, which is available for pre-orders from Wednesday and will hit store shelves March 16. ...
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Senators to hear pitch for tougher cyber security
Wed,7 Mar 2012 02:17 PM PST
Reuters - WASHINGTON (Reuters) - Top U.S. officials are set to push for tougher cyber-security measures to protect the nation's water, electrical and telecommunications grid at a closed-door meeting with senators on Wednesday evening, congressional and White House staffers said. Briefers including White House national security adviser John Brennan and FBI Director Robert Mueller will guide senators through a simulated cyber attack that damages New York City's electrical grid during a heat wave. The National Security Agency also will be involved, a staffer said. ... Full Story | Top |
Instant view: Apple unveils more powerful, high-def iPad
Wed,7 Mar 2012 12:25 PM PST
Reuters - (Reuters) - Apple Inc unveiled an upgraded version of its popular iPad tablet on Wednesday, featuring a more powerful chip, high-definition screen, sharper camera and access to new high-speed wireless networks. The upgrades were broadly expected. Apple's shares fell after the announcement, trading down 0.6 percent on Nasdaq. The following are instant reactions from investors and analysts. MICHAEL HOLT, ANALYST, MORNINGSTAR "They want you to think of it as the iPad, not which model. it's an interesting choice. People who are into bragging rights would have liked to say this is the iPad 3. ... Full Story | Top |
Apple's next iPad may boost 4G demand
Wed,7 Mar 2012 10:04 AM PST
Reuters -  SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc is betting a 4G-equipped iPad will tempt more U.S. consumers to pay extra to watch high-quality video on the go, and in turn, give Verizon Wireless and AT&T Inc a revenue boost. Until now, Apple's fan legion has been reluctant to shell out extra money even for iPads with 3G connections. The cheaper Wi-Fi-only model -- with more limited Web access -- is by far the top-selling one today. The newest iPad will be capable of operating on a high-speed 4G "LTE," or Long-Term Evolution network, according to a source familiar with the product. ...
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Exclusive: Netflix in talks for cable partnership
Wed,7 Mar 2012 08:31 AM PST
Reuters -  (Reuters) - Netflix Chief Executive Reed Hastings has quietly met with some of the largest U.S. cable companies in recent weeks to discuss adding the online movie streaming service to their cable offerings, according to sources familiar with matter. In what would ratchet up its competition with HBO, the talks could lead to Netflix becoming available as another on-demand option for cable subscribers through their set-top boxes, according to three people familiar with the talks. ...
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RIM results will continue to disappoint: BMO
Wed,7 Mar 2012 05:46 AM PST
Reuters -  (Reuters) - Research In Motion's revenue and margins will continue to disappoint in the coming quarters due to a lack of clarity on the launch and impact of its latest version of BlackBerry, BMO Capital Markets said. The Canadian company, which is battling unimpressive sales of its existing suite of products, has said the smartphones would be out in the second half of 2012. Analysts view the launch, of what RIM has dubbed the BlackBerry 10, as a "make or break" event. "We are ... ...
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Japan prosecutors charge key figures in Olympus scandal
Wed,7 Mar 2012 04:18 AM PST
Reuters -  TOKYO (Reuters) - Tokyo prosecutors on Wednesday charged Olympus Corp and six key figures in the $1.7 billion accounting fraud at the camera and endoscope maker, tightening their case in the investigation of one of Japan's biggest corporate scandals. Prosecutors charged ex-chairman Tsuyoshi Kikukawa, former executive vice-president Hisashi Mori and former auditor Hideo Yamada with inflating the company's net worth in financial statements for the fiscal years ended March 2007 and 2008, in violation of the Financial Instruments and Exchange Law. ...
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China says some foreign firms exploit workers
Wed,7 Mar 2012 01:39 AM PST
Reuters - BEIJING (Reuters) - Some foreign companies in China exploit their workers by forcing them to do overtime or underpaying them, the labor minister said on Wednesday, as controversy swirls over working conditions at a plant that makes Apple Inc's iPhones and iPads. Apple has faced a slew of bad press following deaths and reports of suicides at its China supply firms. Three workers at Foxconn Technology Co Ltd died in a blast last year when dust from polishing iPads ignited, and labor rights groups have said 18 workers at Foxconn sites killed themselves, or tried to, in 2010. ... Full Story | Top |
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