Wednesday, May 9, 2012

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

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Wednesday, May 9, 2012 8:30 PM PDT
Today's Reuters Technology News Headlines - Yahoo! News:
SingTel sees more deals to boost digital content
Wed,9 May 2012 06:39 PM PDT
Reuters -

A woman speaks on a mobile phone in front of a SingTel logo at the company's headquarters in SingaporeSINGAPORE (Reuters) - Singapore Telecommunications Ltd , Southeast Asia's largest telecoms firm, said on Thursday it expects to make a fairly large number of acquisitions to gain access to digital content but may incur some start-up losses. SingTel, which posted slightly higher quarterly earnings earlier on Thursday, has been trying to develop services and content it can bundle with its mobile phone services to differentiate itself from other providers. ...


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Investor wants Yahoo CFO or media boss as temp CEO
Wed,9 May 2012 04:29 PM PDT
Reuters -

The Yahoo! offices are pictured in Santa MonicaSAN FRANCISCO (Reuters) - Yahoo Inc's largest outside shareholder said the Internet company should make its finance chief or head of media the interim chief executive because of the controversy surrounding CEO Scott Thompson's educational background. Third Point, an activist hedge fund waging a bitter proxy battle against Yahoo's board and which exposed inaccuracies in Thompson's official biography last week, repeated its demand on Wednesday that Yahoo fire Thompson and install four of its hand-picked director candidates to the board. ...


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Activision stems Warcraft bleeding, eyes holiday
Wed,9 May 2012 04:10 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Activision Blizzard Inc raised its earnings outlook on Wednesday and showed investors it was able to bring an end to the exodus of subscribers from its largest Internet game, "World of Warcraft," that had hurt the company in recent quarters. Investors closely watch subscriber numbers for "World of Warcraft" because the franchise is the company's most profitable business and generates a steady stream of recurring revenue from millions of users who pay $15 a month to play it. ... Full Story
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RIM gets U.S. DoD nod for new BlackBerry 7 smartphones
Wed,9 May 2012 12:31 PM PDT
Reuters -

A logo of the Blackberry maker's Research in Motion is seen on a building at RIM Technology Park in Waterloo(Reuters) - Research in Motion said the U.S. Department of Defense (DoD) approved six models of the company's BlackBerry 7 smartphones for use on its networks. The approval means RIM's single largest customer can upgrade to the Canadian smartphone maker's latest devices. RIM's BlackBerry phones have long been used by army and other defense department personnel, but each new version of the device must be tested before it can be approved for use in sensitive roles where a data breach could endanger national security. Last year, the U.S. ...


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Japan's social media heavyweights scrap gambling games
Wed,9 May 2012 03:07 AM PDT
Reuters - TOKYO (Reuters) - Japan's leading social gaming companies Gree Inc and DeNA Co Ltd said on Wednesday they would gradually phase out games that contain aspects of gambling as they face increased pressure from regulators. The game under investigation by Japan's Consumer Affairs Agency is called "complete gacha", which charges users around $3 to $4 to turn over virtual cards. Completing a predetermined set of up to seven cards allows subscribers to claim rare cards or other valuable online rewards. ... Full Story
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Sage sales growth slows in tough European market
Wed,9 May 2012 03:01 AM PDT
Reuters - LONDON (Reuters) - British software firm Sage said first-half revenue growth slowed to 2 percent from 5 percent a year earlier, missing forecasts and sending shares down sharply as its small business customers in Europe faced tough trading conditions. The company, which provides accounting and other business tools for more than 6 million small and medium-sized enterprises, met market expectations with a 2 percent rise in first-half underlying profit. Chief Executive Guy Berruyer said its customers were feeling the pinch of weak economic growth in Europe. ... Full Story
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Softbank, PayPal form Japan JV, target iPhone users
Tue,8 May 2012 09:06 PM PDT
Reuters -

Softbank Corp President Son speaks during a news conference in TokyoTOKYO (Reuters) - Softbank Corp said on Wednesday that it and eBay Inc unit PayPal will form a joint venture to expand Japan's e-payments market by targeting users of Apple Inc's iPhone. Softbank, which competes with bigger KDDI Corp in supplying Apple's popular smartphone in Japan, and PayPal will each invest 1 billion yen ($12.54 million) in the joint venture, Softbank President Masayoshi Son told reporters at a news conference. (Reporting by Ayai Tomisawa)


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Yahoo director who led CEO search won't seek re-election: source
Tue,8 May 2012 04:48 PM PDT
Reuters -

The Yahoo! offices are pictured in Santa MonicaSAN FRANCISCO (Reuters) - Yahoo Inc director Patti Hart, who led the hiring of CEO Scott Thompson, will give up her seat on Yahoo's board as the Internet company launches an investigation into the chief executive's educational background. Yahoo's board said on Tuesday that is has appointed a special committee and retained a law firm to review CEO Scott Thompson's educational credentials. ...


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Judge throws out Proview's iPad suit vs Apple
Tue,8 May 2012 04:20 PM PDT
Reuters -

A man holds an an Apple Inc's iPad in this photo illustrationSAN FRANCISCO (Reuters) - A California judge tossed out a lawsuit in which the Chinese firm Proview Electronics Co Ltd accused Apple Inc of tricking them into selling the "iPad" name for less than it might have. Proview, which is also suing Apple in China over alleged illegal use of the iPad name, filed a lawsuit in California superior court in February, saying the U.S. consumer electronics company deceived it by purchasing the rights to the name through a special-purpose vehicle. ...


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SingTel's Amobee buys Silicon Valley ad startup
Tue,8 May 2012 03:30 PM PDT
Reuters -

To match Reuters Interview story SINGTEL/(Reuters) - Singapore Telecommunications Ltd , Southeast Asia's largest telecoms company, has acquired a Silicon Valley startup in the mobile advertising sector, its second such purchase in two months. SingTel's Amobee unit said on Tuesday it bought AdJitsu, which provides tools to make three-dimensional animated ads in mobile apps for iPhone and iPads. The acquisition of AdJitsu follows SingTel's purchase of mobile advertising company Amobee in March for $321 million. The terms of the latest deal were not disclosed. ...


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Sprint announces new mobile ad policy
Tue,8 May 2012 03:29 PM PDT
Reuters -

Dan Hesse, CEO of Sprint Nextel Corporation delivers his keynote address at the Cellular Telecommunications Industry Association (CTIA) Enterprise & Applications event in San DiegoNEW YORK (Reuters) - Sprint Nextel plans to create a new mobile advertising policy to reassure customers that they have control over whether or not they receive ads on their cellphone, in an effort to improve consumer trust in wireless service providers. The company's Chief Executive Dan Hesse announced the plan on Tuesday during his keynote presentation at the CTIA annual U.S. wireless showcase in New Orleans. ...


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Twitter fights request for Occupy protester's data
Tue,8 May 2012 03:14 PM PDT
Reuters -

Occupy Wall Street protesters meditate while a sign bearing their twitter handle hangs from a railing in Zuccotti Park in New YorkSAN FRANCISCO (Reuters) - Twitter Inc filed a motion in a New York criminal court on Tuesday seeking to quash a subpoena for Tweets and account records associated with Malcolm Harris, a Twitter user who was arrested last fall on the Brooklyn Bridge during an Occupy protest. Prosecutors in Manhattan have sought to build a case around Harris' Tweets by arguing that they show Harris was "well aware of the police instructions, and acted with the intent of obstructing traffic on the bridge," according to court filings. ...


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FCC's Genachowski defends AT&T deal opposition
Tue,8 May 2012 02:42 PM PDT
Reuters - NEW ORLEANS/WASHINGTON (Reuters) - The top U.S. communications regulator on Tuesday defended his opposition to AT&T Inc's failed bid for T-Mobile USA last year and fired back at claims that the decision caused price increases for the wireless carrier's customers and more inefficient use of wireless spectrum. Federal Communications Commission Chairman Julius Genachowski blasted AT&T for suggesting that U.S. regulators worsened the spectrum crunch or prompted higher prices, during a keynote speech at the CTIA annual wireless industry conference in New Orleans. The U.S. ... Full Story
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AT&T plans small cell tests around year end
Tue,8 May 2012 02:24 PM PDT
Reuters -

An At&T logo is seen atop a store in Beverly Hills, California(Reuters) - AT&T Inc plans to start testing new wireless network devices known as "small cells" later this year hoping to boost its network coverage, a top executive for the telephone company said on Tuesday. John Donovan, executive vice president for technology and network operations, said that if the tests go well the operator could use the equipment to improve in-building coverage or outdoor coverage by attaching the small cells to places like the side of lamp posts. ...


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Alternatives to Youtube catch on with mobile crowd
Tue,8 May 2012 12:14 PM PDT
Reuters -

Woman use her mobile phone as she walks on a moving walkway in TokyoSAN FRANCISCO (Reuters) - Like many musicians looking for that big break, 24-year-old Angeleno Felice Lazae turned to YouTube for years to promote her songs -- with modest success, at one point getting more than 100,000 views on her cover of an Alicia Keys hit. But this month, the Los Angeles singer plans to premiere her newest music video not on YouTube but on Socialcam, a barely one-year old video-sharing social network that allows users to record, upload and view videos straight from their iPhones. ...


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