Today's Reuters Technology News Headlines - Yahoo! News:
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U.S. judge rejects Samsung request to lift stay on Nexus sales
Wed,4 Jul 2012 07:41 PM PDT
Reuters -  (Reuters) - A U.S. judge on Tuesday rejected a request by Samsung Electronics Co. to lift a pre-trial injunction against sales of its Galaxy Nexus phone, another legal setback for the South Korean firm ahead of an upcoming court battle with Apple Inc.. Last week, U.S. District Judge Lucy Koh in San Jose, California, granted Apple's request to block sales of the smartphone. Samsung had asked the court to stay the injunction pending resolution of an appeal. On Monday, Koh rejected a similar request to lift a ban on the U.S. sales of Samsung's Galaxy Tab 10. ...
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European lawmakers reject global anti-piracy deal
Wed,4 Jul 2012 08:56 AM PDT
Reuters - BRUSSELS (Reuters) - The European Parliament rejected a global agreement against copyright theft on Wednesday, handing a victory to protesters who say the legislation would punish people for sharing films and music online. The vote marked the culmination of a two-year battle between legislators who supported the Anti-Counterfeiting Trade Agreement (ACTA) and it's largely young, digitally savvy opponents. Tens of thousands of activists held rallies across Europe in February to protest against the law, which they said would curb their freedom and allow officials to spy on their online ... Full Story | Top |
Britain's YouView Internet TV service launches
Wed,4 Jul 2012 08:49 AM PDT
Reuters - LONDON (Reuters) - YouView, a free UK television service combining digital channels with on-demand programming, launched some two years behind schedule on Wednesday, hoping to appeal to households unwilling to shell out on pay-TV from BSkyB or Virgin Media . But the service, backed by the BBC, ITV , Channel 4, Channel 5, Arqiva, BT and TalkTalk , is entering a crowded market and its initial offer of catch-up services like iPlayer and digital channels available on the rival Freeview service may not make an impact, analysts say. ... Full Story | Top |
Get in line: one Apple store per 216 million Chinese
Wed,4 Jul 2012 03:52 AM PDT
Reuters - SHANGHAI (Reuters) - Apple Inc has more retail stores in Pennsylvania than in all of China - where it earns a fifth of its revenue - and a slow pace of expansion may cost the firm more than just sales. Apple's six stores in Greater China are routinely packed, and customers often wait in long lines for iPhone repairs. Scalpers are known to camp out to be first in line for new products, which they then re-sell for a tidy profit. ... Full Story | Top |
Bloomberg sites blocked in China days after Xi family wealth story
Wed,4 Jul 2012 01:45 AM PDT
Reuters - BEIJING (Reuters) - Bloomberg's news websites remained blocked in China five days after it issued a story about the finances of the extended family of the country's vice president, highlighting how Beijing is trying to shape public opinion ahead of a leadership transition. Bloomberg said it believes its English-language website and its Business Week site were blocked on Friday by Chinese authorities after it published details about the multi-million dollar fortunes of Vice President Xi Jinping's extended family. ... Full Story | Top |
Toshiba hit with $87 million verdict on LCD prices
Tue,3 Jul 2012 03:23 PM PDT
Reuters -  (Reuters) - Japan's Toshiba Corp conspired to fix prices in the liquid crystal display market and is liable for $87 million in damages, a jury in northern California decided. Customers brought a civil class action lawsuit against Toshiba and other LCD producers, alleging anticompetitive practices. Most other defendants settled the case, while Toshiba decided to take it to trial in San Francisco federal court. Toshiba must pay $70 million to consumers who bought finished products, and $17 million to manufacturers that used LCD panels, according to a court document filed on Tuesday. ...
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GM talking with Facebook about advertising again: sources
Tue,3 Jul 2012 01:46 PM PDT
Reuters -  DETROIT/SAN FRANCISO (Reuters) - General Motors Co and Facebook Inc are discussing the return of the U.S. automaker as a paid advertiser almost two months after GM said it would stop running ads on the social networking website, sources close to the situation said on Tuesday. Although the two companies remain far from reaching an agreement, Facebook executives have assiduously courted the world's largest carmaker. One source said Facebook was not pushing for GM's immediate return, but offered to provide data showing the effectiveness of the website's paid ads. ...
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Microsoft takes $6.2 billion charge, slows Internet hopes
Tue,3 Jul 2012 12:42 PM PDT
Reuters -  SEATTLE (Reuters) - Microsoft Corp admitted its largest acquisition in the Internet sector was effectively worthless and wiped out any profit for the last quarter, as it announced a $6.2 billion charge to write down the value of an online advertising agency it bought five years ago. The announcement came as a surprise, but did not shock investors, who had largely forgotten Microsoft's purchase of aQuantive in 2007, which was initially expected to boost Microsoft's online advertising revenue and counter rival Google Inc's purchase of digital ad firm DoubleClick. ...
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Apple says disagrees with Italy antitrust complaint
Tue,3 Jul 2012 11:42 AM PDT
Reuters -  MILAN (Reuters) - Apple Inc on Tuesday disputed an order by Italian regulators that the company must clearly offer a free two-year warranty on its electronics or face fines of 300,000 euros ($378,200) and possible temporary closure of its Italian operations. Italy's antitrust watchdog AGCM has already fined Apple divisions some 900,000 euros for failing to offer the free guarantee, which is obligatory under Italian and European Union law. ...
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Olympus faces back taxes of $62.60 million: Nikkei
Tue,3 Jul 2012 11:38 AM PDT
Reuters -  (Reuters) - The Tokyo Regional Taxation Bureau is seeking 5 billion yen ($62.60 million) in back taxes and penalties from Olympus Corp stemming from its acquisition of British medical equipment maker Gyrus Group Plc in 2008, The Nikkei business daily said. Olympus is struggling to recover from an accounting fraud uncovered last year by its then CEO, Michael Woodford. It was forced to correct years of accounts, leaving its balance sheet badly weakened. ...
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RIM CEO says "nothing wrong" with BlackBerry maker
Tue,3 Jul 2012 11:27 AM PDT
Reuters -  TORONTO (Reuters) - Research In Motion Ltd's freshman CEO insisted on Tuesday that nothing is wrong with the maker of BlackBerry smartphones and that it certainly isn't in a "death spiral," even as the company's already battered stock edged toward new lows. In what appeared to be a concerted effort to win over Canadians mourning the fall of a national icon, Thorsten Heins said Waterloo, Ontario-based RIM is facing very big challenges, but would emerge successfully from its transition. ...
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Activision takes free "Call of Duty" online to China
Tue,3 Jul 2012 11:20 AM PDT
Reuters - (Reuters) - Activision Blizzard, the biggest U.S. video game publisher by market capitalization, plans to offer its popular 'Call of Duty' title as a free-to-play online game in China in a bid to expand its footprint in Asia. The video game publisher announced a partnership on Tuesday with Tencent Holdings Limited, an Internet and wireless services provider that will have an exclusive license to operate the shooter game in China. Shooter games have been hugely successful in China. ... Full Story | Top |
Intel fights $1.3 billion EU antitrust fine in court
Tue,3 Jul 2012 07:23 AM PDT
Reuters -  LUXEMBOURG (Reuters) - EU antitrust regulators relied on "profoundly inadequate" evidence in their case against Intel, the U.S. chipmaker said in court on Tuesday in a bid to quash a record 1.06 billion euro ($1.33 billion) fine. The European Commission penalised the world's No.1 chipmaker three years ago for hindering arch-rival Advanced Micro Devices, after an eight-year investigation. The fine, which represented 4.15 percent of Intel's 2008 turnover versus a possible maximum of 10 percent, was the biggest ever levied on a company. ...
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Japan's Renesas seeks to cut 12 percent of workforce
Tue,3 Jul 2012 04:55 AM PDT
Reuters -  TOKYO (Reuters) - Japan's Renesas Electronics Corp, the world's fifth-largest chipmaker, said it wanted to reduce its workforce by 12 percent and shed half of its domestic plants within three years to compete better with aggressive overseas rivals to produce cheaper, smaller chips. Renesas, a product of successive mergers of the chip divisions of major shareholders Mitsubishi Electric Corp, Hitachi Ltd and NEC Corp, said the job cuts would save the company 43 billion yen ($541.97 million) annually. ...
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Samsung loses bid to lift ban on U.S. tablet sales
Tue,3 Jul 2012 03:46 AM PDT
Reuters -  (Reuters) - A U.S. judge on Monday rejected a request by Samsung Electronics Co. to lift a ban on U.S. sales of its Galaxy Tab 10.1, dealing a third legal setback to the South Korean firm in just a week, as it braces for a make-or-break patent trial later this month with Apple Inc. Apple and Samsung, the world's largest consumer electronics corporations, are waging legal war in around 10 countries, accusing each other of patent violations as they vie for supremacy in a fast-growing market for mobile devices. U.S. ...
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