Today's Reuters Technology News Headlines - Yahoo! News:
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IBM to roll out new mainframes despite shrinking market
Mon,27 Aug 2012 09:06 PM PDT
Reuters -  BOSTON (Reuters) - IBM will unveil a new version of its iconic mainframe computer on Tuesday, adding new security and data analytics features as it struggles to stem declines in the sluggish market for high-end business computers. International Business Machines Corp is the dominant provider of mainframe computers, selling machines that run on powerful microprocessors of its own design and priced starting at about $1 million. Its chief competitors are high-end servers from Hewlett-Packard Co and Oracle Corp. ...
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Apple seeks quick bans on eight Samsung phones
Mon,27 Aug 2012 09:01 PM PDT
Reuters -  (Reuters) - Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over its rival into a tangible business benefit. The world's most valuable company wasted no time in identifying its targets on Monday: eight older-model smartphones, including the Galaxy S2 and Droid Charge. While Apple's lawsuit encompassed 28 devices, many of those accused products are no longer widely available in the world's largest mobile market. ...
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Foxconn International shares slide after worst-ever first-half loss
Mon,27 Aug 2012 06:26 PM PDT
Reuters -  HONG KONG (Reuters) - Shares of Foxconn International Holdings Ltd (FIH) , the world's biggest contract maker of cellphones, fell 3.5 percent on Tuesday after it posted its worst-ever first-half net loss due to dismal orders. The stock was set to open down 3.5 percent at HK$2.78, underperforming the Hang Seng Index's 0.4 percent loss. FIH on Monday blamed its poor earnings on sluggish orders from key clients such as Nokia Oyj as a global economic slowdown takes a toll. (Reporting By Lee Chyen Yee; Editing by Anne Marie Roantree)
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Nokia Siemens opens plant with Flextronics in Brazil
Mon,27 Aug 2012 04:53 PM PDT
Reuters - SAO PAULO (Reuters) - Nokia Siemens Networks is opening an assembly line in Brazil with contract manufacturer Flextronics International Ltd to build next generation mobile phone networks, a senior executive said in an interview on Monday. The plant should begin shipping fourth-generation (4G) wireless equipment at the start of October, as local carriers build out networks for the 2014 World Cup, said Ken Wirth, head of the Americas region for Nokia Siemens. "What we're looking to do is align our manufacturing capacity close to the markets that we're selling in. ... Full Story | Top |
Analysis: Apple's win dents Android's standard-essential patent hopes
Mon,27 Aug 2012 04:33 PM PDT
Reuters -  (Alison Frankel writes the On the Case blog for Thomson Reuters News & Insight http://newsandinsight.com. The views expressed are her own.) (Reuters) - Standard-essential patents aren't providing as much leverage in the smart-device wars as Google may have hoped when it paid $12.5 billion to acquire Motorola Mobility. Apple scored big on Friday in its offensive against Samsung, with a $1.05 billion damages verdict and a finding of willful infringement that could lead to three times as big an award. But that wasn't Apple's only victory. ...
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Yahoo CEO Mayer names former Amazon executive as new marketing chief
Mon,27 Aug 2012 04:24 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Yahoo Inc named veteran executive Kathy Savitt its chief marketing officer on Monday in the latest move by new CEO Marissa Mayer to overhaul her top leadership team. Savitt, a former marketing executive at Amazon.com and American Eagle Outfitters, most recently founded Lockerz, a social commerce website that let online shoppers share links to clothing and accessory deals. In a shock move, Mayer, 37, took the reins as Yahoo CEO in July after spending more than a decade as a high-profile employee at rival Google Inc. ...
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Regulators to study rules for electronics on planes
Mon,27 Aug 2012 03:47 PM PDT
Reuters - (Reuters) - The U.S. will take a look at the rules governing which electronic devices travelers can use during flights to help airlines decide if they should allow wider use of the gadgets, the Federal Aviation Administration said on Monday. A group that will be formed this fall will study the testing methods airline operators use to decide which new devices passengers can safely use and when, as well as other issues, the FAA said in a statement. Airlines often tell travelers not to use iPods, laptops and other devices while planes are taking off and landing. ... Full Story | Top |
Key Apple engineer cancels retirement
Mon,27 Aug 2012 02:59 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Apple Inc said on Monday that Bob Mansfield, a top hardware engineer who announced his retirement in June, is staying on to work on "future products." Mansfield, who oversaw the team that developed Mac products like the MacBook Air, will report to Chief Executive Tim Cook, the company added. Apple also said Craig Federighi, vice president of Mac Software Engineering, and Dan Riccio, vice president of Hardware Engineering, were promoted; they become senior vice presidents. ... Full Story | Top |
Apple seeks to stop U.S. sales of eight Samsung products
Mon,27 Aug 2012 11:39 AM PDT
Reuters - SAN FRANCISCO (Reuters) - Apple Inc will seek a preliminary ban on U.S. sales of eight Samsung mobile products, pending a final injunction in its high stakes patents case, according to an Apple court filing on Monday. The request for a preliminary injunction targets Samsung Electronics Co Ltd phones including the Galaxy S 4G and the Droid Charge. (Reporting By Dan Levine; Editing by Gerald E. McCormick) Full Story | Top |
IBM enters HR web applications market with Kenexa buy
Mon,27 Aug 2012 11:37 AM PDT
Reuters -  (Reuters) - IBM Corp will buy Kenexa Corp for about $1.3 billion to enter the human resources software market in a move that would likely increase competition with Oracle Corp and SAP AG who recently bought into the sector. The deal underpins the importance that slow-growing technology giants place on faster-growing, web-based software makers, whose products are less vulnerable to the economic downturn as there are no upfront costs for program licenses, dedicated hardware or installation. Germany's SAP bought Kenexa's competitor SuccessFactors for $3. ...
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German consumer group sets Facebook privacy ultimatum
Mon,27 Aug 2012 08:19 AM PDT
Reuters -  FRANKFURT/BERLIN (Reuters) - Germany's biggest consumer lobby group believes Facebook is violating privacy laws with its new app centre and has set a deadline for the social network operator to fix it, or potentially face legal action. The German federation of consumer organizations said on Monday the social network was giving away customer data via its new app centre without notifying users. It will consider legal action against Facebook if the site fails to fix the problem by September 4, a spokeswoman said. ...
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Samsung shares drop $12 billion after Apple's court victory
Mon,27 Aug 2012 07:54 AM PDT
Reuters -  SEOUL (Reuters) - Samsung Electronics shares slumped 7.5 percent on Monday, wiping more than $12 billion off the South Korean giant's market value, as a sweeping victory for Apple Inc in a U.S. patent lawsuit raised concerns about its smartphone business - its biggest cash cow. Samsung, which says it will contest the verdict, was ordered to pay $1.05 billion in damages after a California jury found it had copied critical features of the hugely popular iPhone and iPad and could face an outright sales ban on key products. ...
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Analysis: How Apple overwhelmed Samsung's patent case tactics
Mon,27 Aug 2012 07:40 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - In August 2010, just a few months after Samsung Electronics launched its Galaxy smartphone, a team of Apple Inc lawyers flew to South Korea. Apple's late co-founder, Steve Jobs, had already told Samsung executives at a meeting earlier that summer that he considered the Galaxy S, based on Google's Android operating system, an illegal copy of the iPhone. But given the extensive business ties between the two companies - Samsung is one of Apple's key component suppliers - a negotiated solution seemed most likely. ...
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Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal
Mon,27 Aug 2012 06:25 AM PDT
Reuters -  SEOUL (Reuters) - While Samsung Electronics is reeling from a patent pounding by its smartphone rival Apple Inc, this is unlikely to damage the other part of their relationship - where Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad. At an emergency meeting in Seoul early on Sunday following the damning U.S. legal defeat, the South Korean group's post mortem was led by vice chairman Choi Gee-sung and the head of the mobile business JK Shin, rather than by CEO Kwon Oh-hyun, whose primary role is in charge of the components business. ...
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Nokia jumps on hopes it can cash in on Samsung setback
Mon,27 Aug 2012 02:27 AM PDT
Reuters -  HELSINKI (Reuters) - Shares in mobile phone firm Nokia leapt 10 percent on Monday on hopes it can benefit from a setback to rival Samsung, which has lost a high-profile court case to Apple that could lead to an injunction against some of its products. A U.S. jury found South Korea's Samsung Electronics copied critical features of Apple's hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages. "In addition to Apple, we name Microsoft and Nokia as the main beneficiaries from this outcome," said Nordea analyst Sami Sarkamies. Shares in Nokia were 10. ...
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