Today's Reuters Technology News Headlines - Yahoo! News:
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Nokia to launch tablets and smartphones: FT
Wed,2 May 2012 05:29 PM PDT
Reuters -  LONDON (Reuters) - Nokia will launch a range of tablets and "hybrid" smart mobile devices, the company's chairman, Jorma Ollila, told the Financial Times on Thursday. Ollila, who leaves the wounded cellphone maker after 27 years, did not, however, state when the mobile devices would be launched. He was cited as saying Nokia had been too slow at the start of the smartphone revolution, when phones started to become Internet connected. However, he said that the combination of new products and Nokia services would "make a difference". ...
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Settlement with HP isn't going to happen: Oracle
Wed,2 May 2012 02:41 PM PDT
Reuters -  SAN JOSE, California (Reuters) - An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial. At a hearing in a San Jose, California court on Wednesday, Oracle attorney Dan Wall said a settlement of the lawsuit "isn't going to happen." According to an Oracle court filing last week, HP is seeking about $4 billion in lost profit damages, while Oracle argues that HP's claims are meritless. "In this one, it is not going to work out," Wall said. ...
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Nokia files patent lawsuits against HTC, RIM
Wed,2 May 2012 01:16 PM PDT
Reuters -  HELSINKI (Reuters) - Wounded cellphone maker Nokia has turned on one of its former allies in the patent protection battlefield by filing lawsuits against rival smartphone maker HTC as it steps up its efforts to raise funds. Nokia, based in Finland, filed several lawsuits in Germany covering 45 hardware and software patents, ranging from power management to data encryption technologies against HTC, Canadian rival Research In Motion and tablet-maker ViewSonic. In the United States it filed against HTC and ViewSonic, including a complaint to the U.S. ...
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Target to stop selling Amazon's Kindle devices
Wed,2 May 2012 12:14 PM PDT
Reuters -  (Reuters) - Target Corp said on Wednesday it will stop selling Amazon.com Inc's Kindle devices, the latest in a series of brawls between the companies fueled by Amazon's increasing competition with brick and mortar retailers. "Target is phasing out Amazon- and Kindle-branded products in the spring of 2012," Target spokeswoman Molly Snyder wrote in an email to Reuters. "We will continue to offer our guests a full assortment of e-readers and supporting accessories. ...
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RIM close to hiring marketing chief, stock slumps
Wed,2 May 2012 11:08 AM PDT
Reuters -  ORLANDO, Florida (Reuters) - Research In Motion Ltd stock slumped again on Wednesday, even as the company said it was close to hiring a marketing boss to fashion a unified message for the next-generation BlackBerry that will likely determine its future. Speaking at an annual showcase event that has fallen flat this year, RIM Chief Executive Thorsten Heins admitted RIM spoke with more than one voice when it marketed its current BlackBerry 7 smartphones and its PlayBook tablet. He said that would change. ...
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Target to stop selling Amazon's Kindle devices
Wed,2 May 2012 11:07 AM PDT
Reuters -  (Reuters) - Target Corp said on Wednesday it will stop selling Amazon.com Inc's Kindle devices, the latest in a series of brawls between the companies fueled by Amazon's increasing competition with brick and mortar retailers. "Target is phasing out Amazon- and Kindle-branded products in the spring of 2012," Target spokeswoman Molly Snyder wrote in an email to Reuters. "We will continue to offer our guests a full assortment of e-readers and supporting accessories. ...
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Microchip Tech plugs into U.S. automobile rebound with SMSC buy
Wed,2 May 2012 10:20 AM PDT
Reuters - (Reuters) - Microchip Technology Inc will acquire smaller rival Standard Microsystems Corp for about $830 million, gaining access to the lucrative market for electronics used in automobile entertainment systems. The acquisition is Microchip's first large buy after it aborted a $2.30 billion offer for rival Atmel Corp in end-2008, just before the financial crisis hit global markets and excess capacity at chip foundries led to a slump in semiconductor prices. ... Full Story | Top |
IBM to buy Tealeaf Technology
Wed,2 May 2012 09:04 AM PDT
Reuters -  (Reuters) - IBM said it had agreed to buy privately held Tealeaf Technology, a maker of software that helps companies analyze and react faster to customer behavior. The companies did not disclose financial details for the deal, which is expected to close in the second quarter of this year. An IBM spokesman said the company hopes to address company marketing officers with Tealeaf's software and as a result open up new revenue streams. ...
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Boeing says new 737 winglet will save fuel
Wed,2 May 2012 08:53 AM PDT
Reuters - (Reuters) - Boeing Co has designed a new winglet for its upcoming 737 MAX, a step the plane-maker says will provide greater fuel efficiency than originally promised for the upgrade of its best-selling narrowbody. The wing-tip device will give operators fuel savings of 1.5 percent on top of the 10-12 percent savings the company says it can deliver by putting new engines in the 737. The MAX, due to enter the market in 2017, competes with the Airbus A320neo, which will also feature new engines. ... Full Story | Top |
Facebook's IPO show to hit the road on May 7: source
Wed,2 May 2012 07:52 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook's closely watched journey to public markets, will be involved in the roadshow, another source said. Facebook declined to comment. ...
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Nokia and Carl Zeiss extend camera phone deal
Wed,2 May 2012 06:36 AM PDT
Reuters -  HELSINKI (Reuters) - Nokia and lens-maker Carl Zeiss agreed an exclusive deal to make high-end camera phones, and said a new top-of-the-range model would be launched this month. The companies on Wednesday said the deal will run for several years, which Nokia hopes will help it compete more effectively against other smart phones, including Apple's iPhone, which have been grabbing market share. IDC analyst Francisco Jeronimo said the deal was good for the Finnish mobile phone maker as cameras are playing an increasingly crucial role in smartphones. ...
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Nokia files patent lawsuit against HTC
Wed,2 May 2012 06:35 AM PDT
Reuters - HELSINKI (Reuters) - Nokia filed lawsuits against HTC in the United States and Germany, claiming that the Taiwanese smart phone maker was infringing its patents. Nokia said it also filed claims against BlackBerry maker Research In Motion and ViewSonic, citing patents related to navigation, data encryption and other mobile technologies. "Though we'd prefer to avoid litigation, Nokia had to file these actions to end the unauthorized use of our proprietary innovations and technologies, which have not been widely licensed," Nokia said in a statement on Wednesday. (Reporting By Eero Vassinen) Full Story | Top |
Nokia files patent lawsuit against HTC
Wed,2 May 2012 06:33 AM PDT
Reuters - HELSINKI (Reuters) - Nokia filed lawsuits against HTC in the United States and Germany, claiming that the Taiwanese smart phone maker was infringing its patents. Nokia said it also filed claims against BlackBerry maker Research In Motion and ViewSonic, citing patents related to navigation, data encryption and other mobile technologies. "Though we'd prefer to avoid litigation, Nokia had to file these actions to end the unauthorized use of our proprietary innovations and technologies, which have not been widely licensed," Nokia said in a statement on Wednesday. (Reporting By Eero Vassinen) Full Story | Top |
Elpida bondholders threaten to thwart auction: filing
Wed,2 May 2012 05:50 AM PDT
Reuters - TOKYO (Reuters) - A group of bondholders of bankrupt Japanese semiconductor maker Elpida Memory Inc have threatened to thwart the auction of the company's assets if trustees agree to a reported selling price of 150 billion yen ($1.9 billion). In a filing to a Tokyo district court on April 27, the bondholders said they could submit a rival reorganization plan if the bankruptcy trustees agreed to a low-ball bid that would "unintentionally transfer great value to the winning sponsor". U.S. ... Full Story | Top |
Everything Everywhere gets boost from smartphones
Wed,2 May 2012 04:45 AM PDT
Reuters - LONDON (Reuters) - Increased demand for smartphones like the Apple iPhone and Samsung's Galaxy S2 benefited Everything Everywhere in the first quarter, helping Britain's biggest mobile phone operator to post a rise in underlying revenue. The joint venture, which combines France Telecom's Orange and Deutsche Telekom's T-Mobile, said on Wednesday it added 151,000 net new contract customers in the first quarter, compared with 160,000 a year ago. ... Full Story | Top |
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