Today's Reuters Technology News Headlines - Yahoo! News:
|
|
KKR in talks to invest $1.27 billion in Japan's Renesas: sources
Tue,28 Aug 2012 08:42 PM PDT
Reuters - TOKYO (Reuters) - Private equity firm KKR is in talks to invest about 100 billion yen ($1.27 billion) in Japan's Renesas Electronics Corp, sources said on Wednesday, in a deal that would provide a much needed boost to the struggling chipmaker. The offer under discussion would give KKR more than 50 percent of cash-strapped Renesas, which is in the midst of a sweeping restructuring as it fights for survival in the face of sinking prices and aggressive overseas rivals. ... Full Story | Top |
Hearing on Apple injunction vs Samsung set for December
Tue,28 Aug 2012 07:48 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - A U.S. judge on Tuesday set a December 6 court date to hear Apple Inc's request for a permanent injunction against Samsung Electronics' smartphones, which could delay the potential impact of Apple's crushing legal victory. Apple on Monday identified eight devices it will seek preliminary injunctions against, and said it would file for a permanent sales ban. A hearing about the preliminary injunctions had been scheduled for September 20 but it is not clear if this issue will be addressed at that hearing or moved to December. In an order on Tuesday, U.S. ...
Full Story | Top |
Zynga's creative chief exits, plans Zynga-backed start-up
Tue,28 Aug 2012 06:36 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Zynga Inc's chief creative officer Mike Verdu has quit to start his own company, becoming the latest top-level executive to depart the struggling social games maker in past weeks. Verdu, who led many of Zynga's studios and creative projects for over three years after a stint at Electronic Arts, announced his exit from the company behind "Farmville" just three weeks after Chief Operating Officer John Schappert resigned. Morale has suffered as Zynga's share price continued to stumble and revenue growth stalled, sources close to Zynga have said. ...
Full Story | Top |
Renesas shares jump, sources says KKR to invest $1.27 billion
Tue,28 Aug 2012 05:36 PM PDT
Reuters - TOKYO (Reuters) - Shares of Renesas Electronics Corp jumped more than 35 percent on Wednesday after sources said U.S. private equity fund KKR & Co LP plans to invest around 100 billion yen ($1.27 billion) in the struggling Japanese chipmaker. ($1 = 78.5000 Japanese yen) (Reporting by Dominic Lau; Editing by Chang-Ran Kim) Full Story | Top |
Lexmark to dump inkjet business, shares jump
Tue,28 Aug 2012 03:31 PM PDT
Reuters - (Reuters) - Printer maker Lexmark International Inc said it will stop making inkjet printers and focus on its more profitable imaging and software businesses, sending its shares up as much as 20 percent. Lexmark, never a big player in inkjet printers, said it would continue to sell laser printers as it beefs up its print services business, for which it has made several acquisitions over the last couple of years. The company said it planned to sell about 1,000 inkjet-related patents and would cut 1,700 jobs, or 13 percent of its workforce. ... Full Story | Top |
China's ZTE not worried about Apple, patent litigation
Tue,28 Aug 2012 03:49 AM PDT
Reuters -  HONG KONG (Reuters) - China's ZTE Corp, the world's fourth-biggest mobile phone vendor, is unfazed by the possibility of being sued by Apple Inc over patent violations, and is looking to boost its own patents and find unique designs and features for its range of handsets. In the wake of Apple's patent victory over South Korea's Samsung Electronics in the United States last week, ZTE and other phone makers that use Google's Android operating system were cited as being at risk if Apple opted to extend the lawsuit beyond Samsung. "We're not worried about it. ...
Full Story | Top |
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. ...
Full Story | Top |
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. ...
Full Story | Top |
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)
Full Story | Top |
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. ...
Full Story | Top |
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. ...
Full Story | Top |
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 |
| |
|
No comments:
Post a Comment