Today's Reuters Technology News Headlines - Yahoo! News:
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Japan's Olympus close to unveiling new board line-up
Sun,26 Feb 2012 07:35 PM PST
Reuters -  TOKYO (Reuters) - Japan's Olympus Corp is expected to unveil a new board of directors as early as Monday, part of efforts to recover from a $1.7 billion accounting fraud, but the new line-up is likely to disappoint the firm's major overseas investors. The existing, disgraced Olympus board meets on Monday and is set to consider an outside panel's recommendations for a new slate of candidates to replace it, with local media tipping a company veteran to become its next president and an ex-banker from its main lender to become chairman. ...
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On the ropes, Apple's China nemesis still dreams
Sun,26 Feb 2012 07:30 PM PST
Reuters -  (Reuters) - Yang Long-san, Apple's nemesis in a battle over the iPad trademark in China, once strutted the expo halls with dreams of market dominance. His company, Proview, may now be in ruins and his most valuable asset a disputed trademark, but those dreams remain intact. "My biggest wish is to resolve all these frustrating problems and put them behind me," Yang said in a recent telephone interview. "If we can resolve all the problems we have now and I have a chance to make a comeback, I'd still want to overtake my old competitors. ...
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HTC bets on cameras, music to recover smartphone mojo
Sun,26 Feb 2012 06:33 PM PST
Reuters - BARCELONA/TAIPEI (Reuters) - Taiwan's HTC Corp, the world's No. 5 smartphone maker, launched a range of models on Sunday, packing advanced cameras and music functions into new designs in a push to recover from a rapid fall from grace in a challenging and fickle market. The new phones, unveiled at the Barcelona Mobile World Congress, are crucial for HTC in its battle with Samsung Electronics and Apple Inc, a fight it was losing at the end of last year when its sales slumped and investors dumped its shares on concerns it had lost its edge. ... Full Story | Top |
Samsung aims to nearly double smartphone sales in 2012
Sun,26 Feb 2012 06:20 PM PST
Reuters - SEOUL (Reuters) - Samsung Electronics' mobile chief said it aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle with arch rival Apple Inc. JK Shin, president and head of Samsung's Mobile Communications Business, made the comment to reporters ahead of the Mobile World Congress trade show in Barcelona. His remarks were later confirmed by a company spokesman. Samsung topped global smartphone sales rankings last year, more than quadrupling smartphone sales to 97.4 million from 2010, according to data from Strategy Analytics. ... Full Story | Top |
WikiLeaks to publish security think tank emails
Sun,26 Feb 2012 04:22 PM PST
Reuters -  LONDON (Reuters) - The anti-secrecy group WikiLeaks said it would begin publishing more than five million emails Monday from a US-based global security think tank, apparently obtained by hackers. In its latest high-profile disclosure, WikiLeaks said in a statement it had acquired access to a vast haul of internal and external correspondence of Strategic Forecasting Inc (Stratfor), based in Austin Texas. Stratfor describes itself as a subscription-based provider of geopolitical analysis with an intelligence-based approach to gathering information. ...
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Orange to offer smartphone with "Intel Inside"
Sun,26 Feb 2012 04:02 PM PST
Reuters -  SAN FRANCISCO (Reuters) - The "Intel Inside" logo on hundreds of millions of personal computers is finally making its way onto a smartphone. France Telecom's mobile unit Orange will launch a smartphone in France and the United Kingdom this summer designed by Intel and using its newest processor. While the handset will be branded by Orange, its back cover will also boast the Intel swirl that consumers have come to expect to see on PCs over the past two decades. ...
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HTC eyes recovery with new smartphones
Sun,26 Feb 2012 01:34 PM PST
Reuters - BARCELONA/TAIPEI (Reuters) - Taiwan's HTC, the world's No. 5 smartphone maker, launched a new range of smartphone models on Sunday, hoping the fresh designs will help it to recover some of the lost market share. The new smartphones are crucial for HTC in a cut-throat market place -- dominated by Samsung Electronics and Apple Inc -- as lack of new, outstanding models has sent its sales sinking over the last months. ... Full Story | Top |
Sony returns to smartphones with new models
Sun,26 Feb 2012 11:49 AM PST
Reuters -  BARCELONA (Reuters) - Sony Corp. declared a return to the smartphone business on Sunday, unveiling its first smartphones under the Sony brand, but warned the group's painful transition would not be as fast as rebranding. Kazuo Hirai is due to formally take over as Sony CEO on April 1, replacing Howard Stringer. Hirai said that while some management changes had already been identified there was still a long way to go to "explain to everybody who's doing what. ...
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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 | Top |
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 | Top |
Funds' love of Apple pays, but many managers lag
Fri,24 Feb 2012 12:04 PM PST
Reuters -  (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 | Top |
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 | Top |
Apple halts "push" email services in Germany
Fri,24 Feb 2012 08:56 AM PST
Reuters -  (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 -  (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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