Daily News: Reuters Technology News Headlines - After much speculation, CEO Kilar to leave Hulu

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Friday, Jan 04, 2013 03:48 PM PST
Today's Reuters Technology News Headlines - Yahoo! News: After much speculation, CEO Kilar to leave Hulu Clearwire investor seeks to block sale to Sprint U.S. ends long Google probe with only mild reprimand EU says its Google case not affected by U.S. ruling Samsung expected to widen smartphone lead over Apple this year Sky strikes Bundesliga deal with Deutsche Telekom China's Huawei expects profit jump after reporting drop in 2011 India's Infosys denies report of firing 5,000 staff

After much speculation, CEO Kilar to leave Hulu  Friday, Jan 04, 2013 03:48 PM PST (Reuters) - Hulu Chief Executive Jason Kilar will leave the streaming TV company this quarter, he wrote in a blog post on the company's website on Friday, raising more questions about its future path under multiple owners. Kilar has long been rumored to be exiting the company as it faces stiff competition from Netflix Inc, Amazon.com Inc as well as Google Inc and Apple Inc. Hulu chief technology officer Rich Tom is also leaving, according to the post. Kilar gave no reason for his departure or indicate his future plans. Hulu did not name a replacement for the executives. ... Full Story	Top
Clearwire investor seeks to block sale to Sprint  Friday, Jan 04, 2013 01:48 PM PST (Reuters) - A large Clearwire Corp shareholder on Friday stepped up its campaign against the planned sale of the wireless service provider to its majority owner, Sprint Nextel Corp, saying it plans to ask the U.S. telecoms regulator to block the deal. Crest Financial's general counsel also said on a call with reporters that it will ask the U.S. Federal Communications Commission to block Sprint's plan to sell 70 percent of itself to Softbank Corp of Japan for $20 billion. ... Full Story	Top
U.S. ends long Google probe with only mild reprimand  Friday, Jan 04, 2013 11:37 AM PST WASHINGTON (Reuters) - In a major victory for Google Inc, U.S. regulators on Thursday ended their investigation into the giant Internet company and concluded that it had not manipulated its Web search results to hurt rivals. The Federal Trade Commission did, however, win promises from Google that it would end the practice of "scraping" reviews and other data from rivals' websites for its own products, and to allow advertisers to export data to independently evaluate advertising campaigns. ... Full Story	Top
EU says its Google case not affected by U.S. ruling  Friday, Jan 04, 2013 11:34 AM PST BRUSSELS (Reuters) - A decision by U.S. regulators to end a probe into whether Google Inc hurt rivals by manipulating internet searches will not affect the European Union's examination of the company. "We have taken note of the FTC (Federal Trade Commission) decision, but we don't see that it has any direct implications for our investigation, for our discussions with Google, which are ongoing," said Michael Jennings, a spokesman for the European Commission, the EU executive. U.S. ... Full Story	Top
Samsung expected to widen smartphone lead over Apple this year  Friday, Jan 04, 2013 08:46 AM PST SEOUL (Reuters) - Samsung Electronics Co Ltd is expected to widen its lead over Apple Inc in global smartphone sales this year with 35 percent growth, helped by a broad product lineup, market researcher Strategy Analytics told Reuters on Friday. Apple, returning the offensive, could roll out a smaller, cheaper "iPhone Mini" next year to grab market share by targeting demand from users of lower-end smartphones, Strategy Analytics said. ... Full Story	Top
Sky strikes Bundesliga deal with Deutsche Telekom  Friday, Jan 04, 2013 04:30 AM PST FRANKFURT (Reuters) - Pay-TV operator Sky Deutschland has agreed a deal to make available top-flight German soccer matches to Deutsche Telekom clients, tapping into the telecom operator's subscriber base. Deutsche Telekom has been showing Bundesliga matches on its Entertain internet TV platform but lost the broadcast rights to Sky in an auction last year. The agreement announced on Friday, gives Sky access to Entertain's 1.9 million customers and will force subscribers to the platform's Bundesliga package - called "Liga Total" - to switch to Sky contracts from the 2014/15 season. ... Full Story	Top
China's Huawei expects profit jump after reporting drop in 2011  Friday, Jan 04, 2013 01:54 AM PST HONG KONG (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecom equipment maker, expects a 2012 profit gain after reporting a sharp drop a year ago, thanks to new projects and increased sales in high-end mobile phone markets such as Japan. Net profit is expected to be around $2.4 billion, rotating and acting Chief Executive Officer Guo Ping said in a New Year message to employees on Friday. That would be a rise of 29 percent from 11.6 billion yuan ($1.86 billion) in 2011, based on his forecast. Revenue is expected to exceed $35 billion, Guo said. In 2011, sales rose 11. ... Full Story	Top
India's Infosys denies report of firing 5,000 staff  Friday, Jan 04, 2013 12:47 AM PST (Reuters) - India's Infosys Ltd said on Friday a newspaper report it was planning to fire up to 5,000 poorly performing workers was "wrong", although it encourages "chronic underperformers" to leave as part of its routine staff management. The Economic Times newspaper had earlier said Bangalore-based Infosys, India's second-largest software services exporter and an icon in the country's $100 billion outsourcing sector, was sacking up to 5,000 workers to trim costs. ... Full Story	Top

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