Today's Reuters Technology News Headlines - Yahoo! News:
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Olympus says preparing to file earnings by December 14
Sun,11 Dec 2011 06:42 PM PST
Reuters -  TOKYO (Reuters) - Olympus said on Monday it was preparing to file its July-September earnings by December 14, a necessary step for the disgraced 92-year-old firm to remain listed. The company also said it would hold a briefing on December 15 to explain the results after admitting to a $1.7 billion scheme to hide investment losses stretching back more than a decade. The scandal has put the future of the 92-year-old maker of cameras and endoscopes at risk. ...
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Nissan, Microsoft to brief on strategic partnership
Sun,11 Dec 2011 05:18 PM PST
Reuters -  TOKYO (Reuters) - Nissan Motor Co said on Monday that it will brief on a tie-up with Microsoft Corp in Tokyo at 4 p.m. (0700 GMT). Various automakers, such as Ford Motor Co and Toyota Motor Corp, have tied up with Microsoft in the field of car telematics. (Reporting by Chang-Ran Kim; Editing by Joseph Radford)
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Online spending stays strong in early December
Sun,11 Dec 2011 12:51 PM PST
Reuters -  (Reuters) - Online spending remained strong in early December, a period that usually marks a lull in the U.S. holiday shopping frenzy, comScore said on Sunday. For the week ending December 9, consumers spent $5.9 billion online, up 15 percent from the same period a year earlier, according to comScore, which tracks Internet activity. E-commerce spending for the first 39 days of the 2011 holiday season reached $24.6 billion, also up 15 percent versus the corresponding days last year, comScore added. Earlier in the season, the day that has become known as "Cyber Monday" saw a record $1. ...
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Expedia shareholders to gain from spinoff: report
Sun,11 Dec 2011 12:42 PM PST
Reuters - NEW YORK (Reuters) - Shares of TripAdvisor, the largest Internet travel site, will likely trade well after the business is spun off from Expedia, Barron's financial newspaper said in its Dec 12 edition. TripAdvisor's revenue has grown about 30 percent lately and some investors are valuing its post-split shares at more than $35, compared with $27.91 seen in the "when issued" market, Barron's said in its Streetwise column. When-issued refers to provisional trading before securities are issued. Expedia shareholders will own all of TripAdvisor's shares after the spin-off. ... Full Story | Top |
Olympus ousted CEO to visit Japan
Sat,10 Dec 2011 04:15 AM PST
Reuters -  TOKYO (Reuters) - Olympus Corp's ousted CEO, Michael Woodford, flies to Japan on Tuesday to press on with a battle to win back his job, as media reported that prosecutors plan to raid the homes of suspects in a $1.7 billion accounting fraud at the camera maker. Woodford wants to meet potential candidates for a new management team for which he will also seek shareholder and investor backing when the board comes up for election at an extraordinary shareholders' meeting, possibly in February. He will leave Japan on Friday morning, an assistant in Tokyo said in an e-mail. ...
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U.S., Russia work to expand cyberspace cooperation
Fri,9 Dec 2011 05:06 PM PST
Reuters - WASHINGTON (Reuters) - Russia and the United States are planning a regular exchange on "technical threats" that appear to come from computers in each other's territories, a White House spokeswoman said on Friday, even as bilateral ties have come under growing strains. A range of mechanisms aimed at confidence building and crisis prevention are being planned to cope with alarming events in cyberspace, said Caitlin Hayden, a spokeswoman for the White House National Security Council. ... Full Story | Top |
HP opens webOS mobile software to others
Fri,9 Dec 2011 02:18 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Hewlett Packard Co has decided to open its webOS mobile operating system to developers and companies, potentially taking on Google Inc's free Android platform that is popular with handset makers. HP, which acquired webOS in a $1.2 billion purchase of Palm in 2010, had been trying to figure out how to recoup its investment after a failed foray into the smartphone and tablet market. HP Chief Executive Meg Whitman said the company looked at a number of options for webOS, including a sale and shut down of the division. ...
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AT&T strategy annoys judge in T-Mobile case
Fri,9 Dec 2011 01:52 PM PST
Reuters -  WASHINGTON (Reuters) - AT&T's decision to focus on its antitrust battle with the U.S. Justice Department for its purchase of T-Mobile may have backfired, irritating the judge overseeing the case and laying the groundwork for a possible deal-killing delay. The Justice Department said on Friday it would seek to stay or dismiss its lawsuit to stop the $39 billion deal, saying it was effectively dead without approval from telecommunications regulators. "It's not a real transaction until they file with the FCC," Joseph Wayland, the Justice Department's lead attorney in the case, told U.S. ...
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Marc Andreessen not interested in Yahoo CEO job
Fri,9 Dec 2011 01:26 PM PST
Reuters -  (Reuters) - Venture capitalist Marc Andreessen said he is not interested in becoming chief executive of Internet pioneer Yahoo Inc, whose struggle to compete with the likes of Google and Facebook have forced it to explore proposals to revamp its business. Yahoo fired CEO Carol Bartz in September, and its board of directors launched a strategic review of the company. ...
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Access to web, phones key to helping the poor: LeWeb
Fri,9 Dec 2011 08:45 AM PST
Reuters -  PARIS, Dec 9 (Alertnet) - Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded. The conference brought together some 3,500 of the world's top digital experts and entrepreneurs from 60 countries to discuss the state of the technology industry and its relationship with economic growth. ...
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Facebook IPO sparks dreams of riches, adventure
Fri,9 Dec 2011 04:50 AM PST
Reuters -  SAN FRANCISCO (Reuters) - Traveling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels. But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No. 1 online social network prepares for a blockbuster initial public offering that could create at least a thousand millionaires. ...
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Graphic novel app brings Dickensian London to life
Thu,8 Dec 2011 07:04 PM PST
Reuters - LONDON (Reuters) - Stroll the grimy backstreets of Dickensian London and experience for yourself the sights and sounds which inspired one of the greatest writers in English literature. Computer tablet users can now travel to the darker side of London as Charles Dickens knew it, with an interactive novel-cum-app launched on Friday by the Museum of London that is the next best thing to having your own time machine. ... Full Story | Top |
Samsung says French court rejects bid to halt iPhone 4S sales
Thu,8 Dec 2011 04:37 PM PST
Reuters - SEOUL (Reuters) - A French court rejected a request by Samsung Electronics Co to impose a preliminary sales ban on Apple's latest iPhone, Samsung said on Friday, as the two firms are locked in a bruising global patent war. The two firms have been embroiled in some 30 legal cases in 10 countries since April as they jostle for the top spot in the booming smartphone and tablet market, with mixed results. A U.S. court rejected Apple's bid last week to block Samsung from selling its Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage. ... Full Story | Top |
Exclusive: Zynga says can double number of paid players
Thu,8 Dec 2011 02:35 PM PST
Reuters -  BOSTON (Reuters) - Zynga Inc Chief Executive Mark Pincus said the social games company can double the number of its paying players but he and other executives sidestepped questions about player retention and churn rates, speaking at a luncheon ahead of its IPO. Zynga executives on Thursday fielded more than a dozen questions from an audience of about 100 potential investors who ate a lunch of chicken, mashed potatoes and spinach salad. Pincus appeared relaxed, wearing a jacket but no tie. He opened his slide-show presentation with a picture of his cartoon avatar. ...
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Distracted driving "major problem"
Thu,8 Dec 2011 12:58 PM PST
Reuters -  WASHINGTON (Reuters) - Most U.S. motorists surveyed acknowledged few situations in which they would not use a cell phone or text while behind the wheel although they support measures to curb both practices, data released on Thursday by the Transportation Department showed. The findings were part of a study of driver behavior launched to help regulators understand "why some people continue to make bad decisions" about driving while distracted, officials said. ...
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