Today's Reuters Technology News Headlines - Yahoo! News:
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ZTE to testify in U.S. probe of alleged China telecom threat
Wed,29 Aug 2012 06:13 PM PDT
Reuters -  WASHINGTON/HONG KONG (Reuters) - China's ZTE Corp said it would take part in a projected U.S. congressional hearing next month linked to an investigation of alleged Chinese espionage threats to U.S. telecommunications infrastructure. The House of Representatives Permanent Select Committee on Intelligence has invited the chairman of ZTE, Hou Weigui, and deputy chairman of Huawei Technologies Co, Ken Hu, to testify at a hearing that would explore their companies' relationships with the Chinese authorities, among other things. ...
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Facebook co-founder Moskovitz sells more shares
Wed,29 Aug 2012 05:51 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Facebook co-founder Dustin Moskovitz is selling yet more shares in the one-time consumer-Internet darling, keeping up a steady but small flow of daily sales, according to a filing. This week, Moskovitz has sold a total of 450,000 Class A shares at prices ranging from $19.19 to $19.22 a share, reducing the Facebook stake of his Dustin A. Moskovitz Trust to 6.15 million A shares, a filing with the Securities and Exchange Commission showed. His Dustin A. Moskovitz Trust also owns 106. ...
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Yahoo! fires Washington news chief over Republican joke
Wed,29 Aug 2012 04:11 PM PDT
Reuters -  (Reuters) - Yahoo! News fired its chief political correspondent on Wednesday for an off the cuff remark about Republicans partying "with black people drowning". David Chalian, the Yahoo! News Washington Bureau Chief, made the comment privately during a webcast of the Republican National convention on Monday in partnership with ABC News, but it was picked up by a live microphone. With Hurricane Isaac approaching New Orleans as the convention got underway, Chalian was heard saying to an unidentified guest, "Feel free to say, 'They're not concerned at all. ...
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Pandora Media beats Wall Street view, raises outlook
Wed,29 Aug 2012 04:06 PM PDT
Reuters -  (Reuters) - Pandora Media Inc reported better-than expected results on higher advertising revenue as more people listened to music on their mobile devices, and the company raised its full-year revenue outlook. Shares of the company rose 9 percent in after-hours trading. Chief Executive Joe Kennedy said Pandora's advances in mobile was a bright spot in the quarter. Advertisers are spending more on Web and mobile platforms, he said in an interview with Reuters. ...
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TiVo revenue gets Virgin Media boost; shares rise
Wed,29 Aug 2012 03:52 PM PDT
Reuters -  (Reuters) - TiVo Inc reported better-than-expected quarterly results as it saw higher sales of its trademark digital video recorders at customer Virgin Media Inc , sending its shares up 5 percent in extended trade. While TiVo continues to sell its set-top boxes, it also licenses its digital video recording technology to cable operators such as Virgin, Charter, DirecTV , Ono, RCN and Suddenlink. ...
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Samsung steals march on Nokia with first Windows phone
Wed,29 Aug 2012 03:25 PM PDT
Reuters -  BERLIN/SEOUL (Reuters) - Samsung Electronics became the first handset maker to announce a smartphone using Microsoft's latest mobile software, making its surprise, hurried announcement just days before the highly anticipated launch of Nokia's version. The brief announcement on Wednesday at a Berlin electronics show comes amid expectations that smartphone makers may turn increasingly to Windows devices after a U.S. jury decided many of Samsung's Google Android-based phones infringed Apple Inc patents. ...
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Sharp's Taiwanese savior in waiting shows off his Japan prize
Wed,29 Aug 2012 02:16 PM PDT
Reuters -  TOKYO (Reuters) - Terry Gou, founder of Hon Hai Precision Industries, will show off an advanced LCD panel factory he jointly owns with Sharp to a delegation of fellow Taiwanese on Thursday that has become a symbol of how he may save the Japanese firm from the wreck of Japan's sinking TV industry. Feeble demand that left the $4 billion plant operating well below capacity forced the maker of Aquos LCD TVs to post its worst ever annual loss last business year. But helped by recent orders won by Hon Hai, production at the plant in Sakai, western Japan, has surged, according to sources. ...
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Samsung strikes new Note after Apple suit
Wed,29 Aug 2012 01:31 PM PDT
Reuters -  SEOUL (Reuters) - Samsung Electronics Co unveils the second generation of its popular Galaxy Note phone-cum-tablet at Europe's biggest electronics show in Berlin later on Wednesday, as the South Korean firm comes under pressure to innovate after losing a U.S. patent battle with Apple Inc. A U.S. federal jury last week found Samsung had copied critical features of the iPhone and awarded Apple $1.05 billion in damages. Apple is now seeking speedy bans on the sale of eight Samsung phones, moving swiftly to turn legal victory into tangible business gain. ...
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Former Motorola worker gets 4 years for trade secrets theft
Wed,29 Aug 2012 12:44 PM PDT
Reuters -  CHICAGO (Reuters) - A Chinese-born software engineer convicted of stealing trade secrets from Motorola was sentenced on Wednesday to four years in federal prison, according to the office of the U.S. Attorney in Chicago. Hanjuan Jin, a 41-year-old naturalized U.S. citizen, was arrested in 2007 at Chicago's O'Hare International Airport as she prepared to board a flight to China with a one-way ticket and more than a thousand Motorola documents in her possession. ...
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Samsung to ship first Windows Phone 8 model in fourth-quarter
Wed,29 Aug 2012 12:24 PM PDT
Reuters - BERLIN (Reuters) - Samsung will ship its first Windows Phone 8 model in the fourth quarter, a company spokesman said, after the firm unexpectedly unveiling the device on the sidelines of Europe's top consumer electronics fair in Berlin. The South Korean firm has come under pressure to innovate after losing a U.S. patent battle with Apple Inc. A U.S. federal jury last week found Samsung had copied critical features of the iPhone and awarded Apple $1.05 billion in damages. ... Full Story | Top |
Samsung sees new Galaxy Note outselling predecessor
Wed,29 Aug 2012 12:11 PM PDT
Reuters -  BERLIN (Reuters) - Samsung Electronics Co unveiled the second generation of its popular Galaxy Note phone-cum-tablet at Europe's biggest electronics show in Berlin on Wednesday and set high hopes for its success. "I am pretty confident it will even outsell its predecessor," said JK Shin, Samsung's chief of mobile business. (Reporting by Harro ten Wolde and Tarmo Virki)
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Cyber spying spreads in Iran after operation blown: researchers
Wed,29 Aug 2012 11:33 AM PDT
Reuters - BOSTON (Reuters) - The scope of a cyber espionage campaign targeting Iran and other parts of the Middle East has widened, even after security experts blew the operation's cover last month, according to the research firm that discovered the Mahdi Trojan. Israeli security company Seculert said it had identified about 150 new victims over the past six weeks as developers of the Mahdi virus had changed the code to evade detection by anti-virus programs. That has brought the total number of infections found so far to nearly 1,000, the bulk of them in Iran. ... Full Story | Top |
Sony launches Xperia tablet in push for mobile success
Wed,29 Aug 2012 08:47 AM PDT
Reuters -  (Reuters) - Sony Corp released an upgraded version of its Android tablet on Wednesday, branding its rival to Apple Inc's iPad and Samsung Electronics' Galaxy as "Xperia" in a bid to unify its mobile devices under one name. Sony has identified its mobile devices unit, which also makes Xperia smartphones, as one of its key units as it tries to overcome losses from televisions that contributed to an overall record net loss of 455 billion yen ($5.8 billion) in the year ended March 31. Featuring a 9.4 inch screen and loaded with the Android 4. ...
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Apple/Samsung dispute not yet made it to China: Xinhua
Wed,29 Aug 2012 05:38 AM PDT
Reuters -  BEIJING (Reuters) - A patent dispute between Apple and Samsung Electronics has yet to make it to China, with no applications for a probe being made by either company in the country, state news agency Xinhua reported on Wednesday. Chong Quan, the commerce ministry's deputy international trade representative, told Xinhua the ministry "had not yet received any probe applications from Apple or Samsung to investigate products involved in an alleged patent infringement case in China. The impact of the patent fight on Chinese phone makers and consumers has yet to be evaluated". ...
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KKR in talks to invest $1.3 billion in Japan's Renesas: sources
Wed,29 Aug 2012 12:49 AM PDT
Reuters - TOKYO (Reuters) - Private equity firm KKR is in talks to invest about 100 billion yen ($1.3 billion) for control of Japan's Renesas Electronics Corp, sources said on Wednesday, offering a lifeline to the struggling chipmaker and pushing its shares up 35 percent. The deal would give KKR more than 50 percent of cash-strapped Renesas, and could speed the pace of its current restructuring as it fights for survival in the face of sinking prices and aggressive overseas rivals. ... Full Story | Top |
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