Saturday, February 25, 2012

Daily News Digest: Reuters Technology News Headlines - Yahoo! News

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Saturday, February 25, 2012 8:30 PM PST
Today's Reuters Technology News Headlines - Yahoo! News:
Apple tactics in China iPad deal unusual: experts
Fri,24 Feb 2012 03:39 PM PST
Reuters - SAN FRANCISCO (Reuters) - Proview Electronics, the firm trying to stop Apple Inc from using the iPad name in China, has a plausible claim over the unusual methods Apple used to conceal its identity when attempting to acquire Proview's trademarks, according to several legal experts. But Apple also has some strong defenses against a lawsuit Proview filed last week in California - including the argument that Proview cannot sue Apple, but can only sue the corporation that actually bought the trademarks, the experts said. ... Full Story
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Hedge fund nominates five for AOL board
Fri,24 Feb 2012 12:53 PM PST
Reuters - (Reuters) - Activist hedge fund Starboard Value LP nominated a slate of five candidates to AOL Inc's board, saying discussions with the company in the past two months were unsatisfying. Starboard, which together with its affiliates owns 5.2 percent of AOL's stock, said it had been approached by several third parties who believe AOL's patent portfolio could produce more than $1 billion in licensing income if properly monetized. The hedge fund said AOL had valuable intellectual property, such as patents related to secure data transfers, e-commerce, and navigation, among others. ... Full Story
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Funds' love of Apple pays, but many managers lag
Fri,24 Feb 2012 12:04 PM PST
Reuters -

A man walks past an iPad 2 advertisement in Shanghai(Reuters) - Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows. Apple, a current favorite with prominent managers like David Tepper, Andreas Halvorsen and David Einhorn, again topped Goldman Sachs' current so-called VIP list which ranks the 50 stocks that matter most to the $2 trillion hedge fund industry. ...


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Social networks getting a bit less social: poll
Fri,24 Feb 2012 10:57 AM PST
Reuters - WASHINGTON (Reuters) - Users of online social network sites such as Facebook are editing their pages and tightening their privacy settings to protect their reputations in the age of digital sharing, according to a new survey. About two-thirds, or 63 percent, of social networking site (SNS) users questioned in the Pew Research Center poll said they had deleted people from their "friends" lists, up from 56 percent in 2009. Another 44 percent said they had deleted comments that others have made on their profiles, up from 36 percent two years before. ... Full Story
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Telcos squeezed as consumers go mad for mobile Web
Fri,24 Feb 2012 09:28 AM PST
Reuters - LONDON (Reuters) - Consumers' increasing love of using services like Facebook and YouTube on their smartphones is leaving many telecoms carriers sidelined while bearing the costs of ever-growing demands on their networks. As users lap up mobile Internet services, the Web giants are strengthening their relationships with consumers, while the telcos are finding their connections with customers reduced to a monthly bill and an occasional handset upgrade. ... Full Story
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Apple halts "push" email services in Germany
Fri,24 Feb 2012 08:56 AM PST
Reuters -

Raindrops are seen in front of an Apple logo outside an Apple store in Shanghai(Reuters) - Apple Inc has been forced to de-activate "push" notification features for mobile users of its iCloud and MobileMe services in Germany, after an injunction was issued in favor of rival Motorola Mobility Holdings Inc. Customers using push services -- which automatically inform users about new messages on iPhones, iPods or iPads -- will now not be able to use them within the borders of Germany, Apple said on its German support website. ...


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Netflix: no plan to support BlackBerry, PlayBook
Fri,24 Feb 2012 08:01 AM PST
Reuters -

The headquarters of Netflix is shown in Los Gatos(Reuters) - Online and mail-order video company Netflix has no plans to bring its streaming service to Research In Motion's PlayBook tablet. "We don't have any current plans to support BlackBerry devices, including PlayBook," the company said on Twitter late on Thursday in response to a query. Netflix has long been available for Apple's iPhone and iPad and devices running Google's Android software. RIM's library of third-party applications lags those of Apple and Android but the Canadian company has increased its focus on developers in recent months in a bid to close the gap. ...


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Apple's China legal battle over iPad spreads to U.S.
Fri,24 Feb 2012 06:40 AM PST
Reuters -

A man walks past an iPad 2 advertisement in ShanghaiLOS ANGELES/HONG KONG (Reuters) - A Chinese firm trying to stop Apple Inc from using the iPad name in China has launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses it of employing deception when it bought the trademark. A unit of Proview International Holdings Ltd, a major computer monitor maker that fell on hard times during the global financial crisis, is already suing Apple in multiple Chinese jurisdictions and requesting that sales of iPads be suspended across the country. ...


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Dropbox heats up cloud battle with photo upload feature
Thu,23 Feb 2012 11:04 PM PST
Reuters - SAN FRANCISCO (Reuters) - Dropbox unveiled on Thursday a new photo uploading feature for Android smartphones, potentially sharpening its competition with Google, Apple, and a host of other companies battling to rule the burgeoning market for online storage solutions. With a single click, the feature will allow users to wirelessly upload high-resolution pictures straight from their smartphones onto the virtual "cloud," where the files can be accessed from any computer or mobile device. ... Full Story
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White House privacy push seeks cooperation
Thu,23 Feb 2012 04:15 PM PST
Reuters -

U.S. President Barack Obama is pictured during a Democratic Party fundraiser in BellevueWASHINGTON (Reuters) - The White House proposed on Thursday a "privacy bill of rights" that would give consumers more control over their data but relies heavily for now on voluntary commitments by Internet companies like Google Inc and Facebook. The plan comes amid growing consumer concern about their lack of control over the collection and trade in vast amounts of detailed information about their online activities and real-life identities. ...


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Migrants elbow for Foxconn jobs despite labor probe
Thu,23 Feb 2012 02:34 PM PST
Reuters -

Employees eat their meal on a guardrail of a bridge near Foxconn recruitment center in ShenzhenLONGHUA, China (Reuters) - Apple's top manufacturer in China, Foxconn Technology, is having no problems luring fresh workers to churn out ever more gadgets, despite the firm's reputation as a tough employer that has put it under a thorough probe into its labor practices. ...


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Apple ponders cash, caves on board-vote proposal
Thu,23 Feb 2012 02:24 PM PST
Reuters -

Apple CEO Tim Cook speaks about iTunes at Apple headquarters in CupertinoCUPERTINO, California (Reuters) - Apple Inc on Thursday adopted a measure long desired by investors and corporate governance activists, granting its shareholders a bigger say in the appointment of directors to the board of the world's most valuable technology company. Chief Executive Tim Cook also repeated that he has been "thinking very deeply" about investors' demands that the consumer electronics company return some of its $98 billion in cash and securities to shareholders via a dividend. ...


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White House privacy push seeks cooperation
Thu,23 Feb 2012 02:09 PM PST
Reuters -

U.S. President Barack Obama is pictured during a Democratic Party fundraiser in BellevueWASHINGTON (Reuters) - The White House proposed on Thursday a "privacy bill of rights" that would give consumers more control over their data but relies heavily for now on voluntary commitments by Internet companies like Google Inc and Facebook. The plan comes amid growing consumer concern about their lack of control over the collection and trade in vast amounts of detailed information about their online activities and real-life identities. ...


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Employees, leaders honor late Micron CEO
Thu,23 Feb 2012 01:38 PM PST
Reuters - BOISE, Idaho (Reuters) - Thousands of Micron Technology employees, industry figures and community leaders paid tribute to the chipmaker's late CEO, Steve Appleton, at a memorial in Boise on Thursday. Appleton - a three-decade industry veteran, an avid flyer and a racing enthusiast who performed stunts at airshows - died after the small plane he was piloting crashed at an airport in Boise on February 3. His death stunned the tightly knit semiconductor industry in the city of about 200,000, where he was a prominent figure. "He was CEO, but on our level. ... Full Story
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Former lawmaker named Google's top Washington lobbyist
Thu,23 Feb 2012 01:25 PM PST
Reuters -

Susan Molinari, in her office before a television interview July 16, has been chosen as the Republic..WASHINGTON (Reuters) - Former New York congresswoman Susan Molinari has signed on to be Google Inc's top lobbyist in Washington at a time when the search engine company faces growing regulatory challenges. Molinari, once viewed as a rising star in the Republican Party, will be the vice president for public policy for North and South America, Google said in a statement on Thursday. She replaces Alan Davidson, who began Google's lobbying operation several years ago. He stepped down in November. ...


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