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| Sunday, Oct 27, 2013 11:45 PM PDT | |
| Today's Reuters Technology News Headlines - Yahoo! News:
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| Samsung Elec shares rise 2 percent after third-quarter earnings boost outlook Sunday, Oct 27, 2013 11:45 PM PDT  SEOUL (Reuters) - Shares in Samsung Electronics rose 2 percent on Monday, driven by expectations that the South Korean technology giant will continue to post solid earnings after its record-high profit in the July to September period, analysts said. Some analysts raised their target prices for Samsung, expecting a strong recovery in its memory chip business to help offset slowing growth of smartphone profits in the coming quarters. Samsung shares rose as much as 2 percent to 1,478,000 Korean won ($1,400) per share, the highest intraday level in a week. ... Full Story | Top |
| LG Electronics unveils curved smartphone in race against Samsung Sunday, Oct 27, 2013 09:14 PM PDT SEOUL (Reuters) - South Korea's LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co. Curved displays and flexible screens are the new battleground for phone makers as the screens open up possibilities that could eventually transform the high-end smartphone market. Curved smartphones provide a more comfortable grip than flat-screen models, but the lack of must-have features means they are unlikely to be big consumer hits anytime soon, analysts have said. Manufacturing costs also remain relatively high. ... Full Story | Top |
| Computer cracks CAPTCHAs in step toward artificial intelligence Sunday, Oct 27, 2013 09:01 PM PDT By Sharon Begley NEW YORK (Reuters) - A technology start-up said on Monday that it had come up with software that works like a human brain in one key way: it can crack CAPTCHAs, the strings of tilted, squiggly letters that websites employ to make users "prove you are human," as Yahoo! and others put it. San Francisco-based Vicarious developed the algorithm not for any nefarious purpose and not even to sell, said co-founder D. Scott Phoenix. ... Full Story | Top |
| Apple's iPhone sales, holiday quarter up for scrutiny Sunday, Oct 27, 2013 08:06 PM PDT  By Bill Rigby (Reuters) - Apple Inc's iPhone sales and revenue forecasts, due to be released on Monday, may offer clues as to whether its low-cost 5C model missed the mark or whether the world's largest tech company can continue its run of smash-hit gadgets. Signs have emerged that demand for the cheaper model is lagging the top-tier iPhone 5S - both of which went on sale in September - because its $100 discount is proving to be insufficient to motivate emerging market and price-conscious customers. ... Full Story | Top |
| Japan's NTT Comm to buy two U.S. cloud computing firms: source Sunday, Oct 27, 2013 07:42 PM PDT TOKYO (Reuters) - NTT Communications Corp plans to buy two U.S. cloud computing firms for up to 100 billion yen ($1 billion) combined, a source with knowledge of the matter said, as Japanese firms ramp up efforts to improve overseas networks through acquisitions. The unlisted long-distance and overseas calling unit of Nippon Telegraph and Telephone Corp will buy Virtela Technology Services Inc, allowing it to offer data services globally without licensing cables and lines in individual markets. ... Full Story | Top |
| Wall Street's love affair with Facebook hinges on mobile Sunday, Oct 27, 2013 11:28 AM PDT  By Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc finally earned Wall Street's love in the second quarter. Now it needs to make the relationship last. Its shares have doubled in just the last three months, buoyed by an increasing belief among investors that Facebook has finally struck a winning formula in mobile advertising. But expectations will be high when the world's No. 1 online social network reports third-quarter results on Wednesday, meaning the world's largest social network will have to handily beat Wall Street targets to maintain its lofty trajectory. ... Full Story | Top |
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