| | |
| Softbank to sell stake in eAccess to Samsung, others: source Friday, Jan 11, 2013 07:25 PM PST  TOKYO (Reuters) - Japan's Softbank Corp is in final talks to sell its stake in eAccess Ltd, representing around 67 percent of voting rights, to Samsung Electronics Co and 10 others, a source with direct knowledge of the matter told Reuters. The sale would ease concerns that Softbank could hold a monopoly on spectrum allocation designated by Japan's Communications Ministry, the source said. Softbank, which is awaiting regulatory approval to buy a 70 percent stake in No. 3 U.S. ... Full Story | Top |
| Netflix gets unfair postal advantage, court finds Friday, Jan 11, 2013 02:15 PM PST  WASHINGTON (Reuters) - A federal appeals court ruled on Friday that Netflix Inc received an unfair advantage from the U.S. Postal Service's special handling of its DVDs, and ordered postal regulators to remedy the discrimination or offer a good explanation. The unanimous decision, by the U.S. Court of Appeals for the District of Columbia Circuit, is a victory for GameFly Inc, which said the postal service should treat the games it ships similarly to Netflix DVDs. ... Full Story | Top |
| U.S. warns on Java software as security concerns escalate Friday, Jan 11, 2013 01:53 PM PST  (Reuters) - The U.S. Department of Homeland Security urged computer users to disable Oracle Corp's Java software, amplifying security experts' prior warnings to hundreds of millions of consumers and businesses that use it to surf the Web. Hackers have figured out how to exploit Java to install malicious software enabling them to commit crimes ranging from identity theft to making an infected computer part of an ad-hoc network of computers that can be used to attack websites. ... Full Story | Top |
| Nortel's legal mess pits bondholders against retirees Friday, Jan 11, 2013 01:46 PM PST (Reuters) - Nortel Networks was once the largest telecommunication equipment company in North America, but since it filed for bankruptcy in 2009 it has earned a new label: one of the world's most complicated legal proceedings. Bondholders, suppliers, governments and former employees from around the globe hold $20 billion in claims based on different insolvency laws and are competing for Nortel's last remaining asset - $9 billion in cash. ... Full Story | Top |
| RIM shares climb as investors bet on new BlackBerry Friday, Jan 11, 2013 01:13 PM PST  TORONTO (Reuters) - Shares of Research In Motion rallied on Friday as investors positioned themselves ahead of the launch of its new make-or-break BlackBerry 10 smartphones at the end of the month. Morningstar analyst Brian Colello did not see any one news story driving the stock, which climbed steadily through much of the day. The new phones are to be formally unveiled on January 30. "The stock has been extremely volatile, based on BlackBerry 10 rumors and the potential for success in the market," said Colello. ... Full Story | Top |
| East Carolina University sues Cisco over slogan Friday, Jan 11, 2013 11:43 AM PST  (Reuters) - East Carolina University (ECU) has filed a lawsuit against Cisco Systems Inc over the use of its registered trademark "Tomorrow Starts Here", which is central to the network equipment company's new marketing campaign. The U.S. university said on Friday that it is seeking damages for unauthorized use of the trademark, which it said is "a university-wide brand that represents an overlapping field of goods and services when compared with that of Cisco". ... Full Story | Top |
| Apple won't blindly pursue market share: report Friday, Jan 11, 2013 11:30 AM PST  SAN FRANCISCO (Reuters) - In a revised version of an interview published Thursday in a Chinese newspaper, Apple Inc marketing chief Phil Schiller said the company would focus on making "the best products" for customers and "never blindly pursue market share." On Thursday, the Shanghai Evening News cited Schiller as saying that Apple would not develop a cheaper smartphone for the sake of expanding its market share. ... Full Story | Top |
| Kodak patent sale plan gets bankruptcy court approval Friday, Jan 11, 2013 10:32 AM PST  NEW YORK (Reuters) - Eastman Kodak Co's proposed $525 million sale of its digital imaging patents to Intellectual Ventures and RPX Corp got a bankruptcy judge's approval on Friday, bringing the photography innovator a step closer to exiting Chapter 11. The price is a fraction of the more than $2 billion which Kodak had hoped to fetch for the patents when it filed for bankruptcy in January 2012. However, it allows the company to proceed with a plan to secure $830 million in financing and exit bankruptcy in the first half of this year. Judge Allan Gropper gave his green light at a hearing in ... Full Story | Top |
| Analysis: Nokia's results breakthrough buys it time and options Friday, Jan 11, 2013 10:23 AM PST  HELSINKI (Reuters) - Nokia's stronger-than-expected quarterly results mean the mobile phone maker now has breathing space and better options to help it claw back a place alongside Samsung and Apple in the smartphone market. The Finnish handset maker, whose fall from market leader to loss leader was so bad its chief executive said two years ago it was on a "burning platform", may even be in a position to list or sell its Nokia Siemens Networks (NSN) arm at a premium, instead of having to auction assets cheaply as had been feared. ... Full Story | Top |
| Xerox CFO leaving to join Apple Friday, Jan 11, 2013 05:59 AM PST (Reuters) - Xerox Corp said Chief Financial Officer Luca Maestri will leave the company in February to join Apple Inc as corporate controller. Xerox, which also said it was on track to meet its fourth-quarter forecast of adjusted earnings of 28 cents to 30 cents per share, said it had begun an external search for a new CFO. Maestri will be with Xerox through the end of February to help manage the transition. He joined Xerox as CFO in February 2011 after serving as CFO of Nokia Siemens Networks from 2008. He also worked with General Motors Corp. Maestri took home $3. ... Full Story | Top |
| British waterway deploys ship safety aid to combat GPS attacks Friday, Jan 11, 2013 05:47 AM PST LONDON (Reuters) - Britain is deploying a back-up ship navigation system in the English Channel, one of the world's busiest shipping lanes, to tackle the growing risks of disruptions of vessel satellite devices and jamming by criminal gangs. Mariners increasingly rely on global navigation systems that use satellite signals to find a location or keep exact time. One of the most well known is the Global Positioning System or GPS. ... Full Story | Top |
| Skype founder browses globe for next tech earner Friday, Jan 11, 2013 03:58 AM PST  LONDON (Reuters) - Niklas Zennstrom, co-founder of internet phone service Skype, believes the next hot tech business will just as likely spring from Istanbul or Sao Paolo as from Silicon Valley or the coolest districts of London. And he is prepared to fly around the world to find it. "Talent can pop up anywhere in the world, it's not just one city block," the Swedish entrepreneur and venture capitalist said at the headquarters of his Atomico fund, based on upmarket New Bond Street in central London. ... Full Story | Top |
| Vodafone says some customers hit by Blackberry problems Friday, Jan 11, 2013 03:12 AM PST  LONDON (Reuters) - Mobile operator Vodafone said on Friday some of its customers were not receiving emails via their Blackberry phones, and that it was working with the handset maker Research in Motion to rectify the problem. A spokeswoman for Blackberry said it was looking into the issue but did not have any details. Commentators on Twitter also reported problems with the handset. "We are aware that some BlackBerry customers are experiencing issues," Vodafone said. "Vodafone is working closely with Research in Motion (RIM) to restore full service as soon as possible. ... Full Story | Top |
|
No comments:
Post a Comment