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Sony to sell all DeNA shares it owns to Nomura Securities Sunday, Mar 03, 2013 11:23 PM PST TOKYO (Reuters) - Sony Corp said on Monday that it would sell all the shares it owns in Japanese online game provider DeNA Co Ltd to Nomura Securities. Sony said in a statement that it expected to post a gain of 40.9 billion yen ($437 million), to be recorded as operating income in the fourth quarter of the fiscal year that ends this month. Nomura Securities is a unit of Nomura Holdings Inc. ($1 = 93.4450 Japanese yen) (Reporting by Tokyo Newsroom; Editing by Chris Gallagher) Full Story | Top |
Sony looking to beat Chinese rivals to be No.3 in smartphones Sunday, Mar 03, 2013 09:30 PM PST TOKYO (Reuters) - Sony Corp said it aims to win third place in smartphone markets around the world behind Apple Inc and Samsung Electronics Co, pitting it against Chinese companies Huawei Technology and and ZTE that are looking to become the third big player in mobile devices. Sony will alter smartphone development for each market, Kunimasa Suzuki, the head of Sony's mobile business, said at a roundtable briefing in Tokyo, indicating that the Japanese company may produce cheaper models for developing nations. ... Full Story | Top |
Samsung Electronics shares rise after Apple award nearly halved Sunday, Mar 03, 2013 04:16 PM PST SEOUL (Reuters) - Shares in Samsung Electronics Co rose 1.1 percent on Monday after a U.S. judge almost halved the $1.05 billion jury award Apple Inc had won in its mobile patents battle with the South Korean firm, and set a new trial to determine damages. Shares in Samsung were trading 0.7 percent higher minutes after the market open. (Reporting By Miyoung Kim; Editing by Stephen Coates) Full Story | Top |
K-12 student database jazzes tech startups, spooks parents Sunday, Mar 03, 2013 04:11 AM PST (Reuters) - An education technology conference this week in Austin, Texas, will clang with bells and whistles as startups eagerly show off their latest wares. But the most influential new product may be the least flashy: a $100 million database built to chart the academic paths of public school students from kindergarten through high school. In operation just three months, the database already holds files on millions of children identified by name, address and sometimes social security number. Learning disabilities are documented, test scores recorded, attendance noted. ... Full Story | Top |
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