Today's Reuters Technology News Headlines - Yahoo! News:
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Analysis: IPhone 5 defines Apple success, Tim Cook-style
Sat,22 Sep 2012 06:02 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - Tim Cook is no Steve Jobs when it comes to leading Apple Inc. As the debut of the new iPhone 5 just proved, that may not be a bad thing. The taller, thinner and lighter phone prompted a rush on Wall Street to raise price targets for Apple stock, but the optimism was not because of a big technological advance or design breakthrough; the "wow" factor that was the trademark of the late Apple co-founder Jobs was decidedly absent. ...
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Apple seeks U.S. Samsung sales ban, $707 million more in damages
Sat,22 Sep 2012 03:53 AM PDT
Reuters -  SEOUL (Reuters) - Apple Inc has asked for a court order for a permanent U.S. sales ban on Samsung Electronics products alleged to have violated its patents along with additional damages of $707 million on top of the billion-dollar verdict won by the iPhone maker last month. Samsung has responded by asking for a new trial. The world's top two smartphone makers are locked in patent battles in 10 countries as they vie for top spot in the lucrative, fast-growing market. Apple scored a legal victory over Samsung in late August when a U.S. ...
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Japan government mulls Renesas rescue with Toyota, others: sources
Sat,22 Sep 2012 02:41 AM PDT
Reuters -  TOKYO (Reuters) - A Japanese government fund is considering a bailout of Renesas Electronics as part of a consortium including Toyota Motor Corp, countering a 100 billion yen ($1.3 billion)bid for the chip maker by private equity firm KKR, two sources said on Saturday. The taxpayer-funded Innovation Network Corp's plan may include an offer of more than 150 billion yen in return for a controlling stake in Renesas, the two sources familiar with the discussion said on condition they not be identified. ...
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Oracle boosts compensation of billionaire CEO Ellison
Fri,21 Sep 2012 05:54 PM PDT
Reuters -  BOSTON (Reuters) - Technology company Oracle Corp increased billionaire CEO Larry Ellison's compensation for last year by 24 percent. Ellison, one of the most highly paid chief executive officers in the United States, and the world's sixth-richest man, according to Forbes, received total compensation for the year ended May 31 of $96.2 million, almost all of it in stock options. That compared with 77.6 million in the prior year. ...
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Twitter CEO promises interactive tweets, defends curbs
Fri,21 Sep 2012 04:14 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Twitter will soon roll out a free tool for users to handpick and publish selections of tweets, reflecting the company's commitment to remain a neutral, interactive platform rather than become a media company, CEO Dick Costolo said Friday. The new tool will allow users, including journalists, to manually curate and display tweets to accompany breaking news events. "We've known for a long time that for events in the real world, the shared experience is on Twitter," Costolo said at the Online News Association conference in San Francisco. ...
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Apple iPhone 5 fever rages despite grumbling over maps
Fri,21 Sep 2012 04:09 PM PDT
Reuters -  SAN FRANCISCO/LONDON (Reuters) - Apple Inc fans queued around city blocks worldwide on Friday to get their hands on the new iPhone 5, pointing to a strong holiday season for the consumer device maker despite grumblings about the mapping app in the new smartphone. The iPhone 5 -- thinner, lighter and with a 4-inch screen -- went on sale in stores across the United States, Europe, Asia and Australia, with mobile carriers reporting record demand that looked likely to stretch Apple's supply capacity. ...
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AT&T to accept political donations by text, set lower fees
Fri,21 Sep 2012 04:08 PM PDT
Reuters - WASHINGTON (Reuters) - AT&T Inc , the second-largest U.S. wireless carrier, will join all other large phone companies in accepting political donations by text - and will do so at much lower rates, a company spokesman said on Friday. The carrier that services the most Apple iPhones in the country has been the last large holdout from offering the text-to-donate fundraising program, which was launched for the first time in U.S. history by President Barack Obama and his Republican challenger Mitt Romney last month. ... Full Story | Top |
U.S. seeks Internet data flow safeguards in Asia-Pacific trade pact
Fri,21 Sep 2012 03:11 PM PDT
Reuters -  WASHINGTON (Reuters) - The United States is asking countries for strong rules to protect the free flow of data, ranging from video clips to back-room office operations, in talks on a Asia-Pacific free trade agreement, a U.S. official said on Friday. The U.S. proposal is "very aggressive in terms of asking for binding rules that allow data to move" across borders over the Internet, Jonathan McHale, deputy assistant U.S. trade representative for telecommunications and electronic commerce policy, said during a panel discussion. ...
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Seagate cuts current-quarter revenue estimate on weak demand
Fri,21 Sep 2012 03:02 PM PDT
Reuters - (Reuters) - Seagate Technology Plc, maker of hard drives and storage devices, cut its estimate for current-quarter revenue on lower demand for hard drives. Seagate said first-quarter revenue is likely to be 5 to 7 percent lower than its previous forecast of $4 billion. Analysts on average were expecting revenue of $4.02 billion for the quarter ending September, according to Thomson Reuters I/B/E/S. The company expects the total available market for hard drives in the first quarter to be about 140 million units and said it expects to maintain its 40 to 43 percent market share. ... Full Story | Top |
Facebook tightens privacy to satisfy Irish regulator
Fri,21 Sep 2012 02:36 PM PDT
Reuters -  DUBLIN (Reuters) - Facebook Inc has tightened up its privacy controls sufficiently to satisfy a review by the body that regulates the social networking company outside North America, removing the immediate threat of legal challenges. The world's biggest social network makes most of its money from advertising, but has to walk a fine line to avoid giving its over 950 million users the impression it is invading their privacy to boost revenue. ...
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ACI Worldwide to buy back warrants from IBM
Fri,21 Sep 2012 02:06 PM PDT
Reuters - (Reuters) - Payment systems provider ACI Worldwide Inc said it would repurchase most of the outstanding warrants held by IBM Corp . ACI will buy back from IBM warrants for purchasing about 2.5 million ACI shares. ACI had said last week that IBM will start exercising its 2.8 million warrants to take a stake in the company. International Business Machines Corp, one of the largest computer hardware makers in the world, received the warrants in December 2007. The warrants allow it to buy up to 8 percent of ACI shares. ACI shares closed at $43.08 on the Nasdaq on Friday. ... Full Story | Top |
Sharp in talks to supply panels for ultrabooks: sources
Fri,21 Sep 2012 12:51 PM PDT
Reuters -  TOKYO (Reuters) - Japan's cash-strapped Sharp Corp is in talks to supply liquid crystal display panels for ultra-thin laptops that typically use processors made by Intel Corp, sources familiar with the matter said. Intel is promoting ultra-thin laptops, known as ultrabooks, to counter tablet computers from Apple Inc. Earlier this year, the U.S. chipmaker signed deals with several panel makers to ensure adequate supplies for a wave of ultrabooks with touch screens expected to hit the market following Microsoft Corp's launch of Windows 8 in late October. ...
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Amazon to launch Kindle in Japan next month: Nikkei
Fri,21 Sep 2012 11:58 AM PDT
Reuters - (Reuters) - Amazon.com Inc is expected to release the Kindle e-book reader in Japan early October, the Nikkei reported. The world's largest Internet retailer had been planning for a late-September release, but had to change its plans due to snags in the supply system, the daily said, quoting unnamed publishing industry executives. Amazon declined to comment when contacted on Friday. Amazon is hurrying to secure Japanese content in time for the year-end sales season, the paper said. ... Full Story | Top |
RIM restores service after BlackBerry outage in Europe
Fri,21 Sep 2012 10:41 AM PDT
Reuters -  TORONTO (Reuters) - Research In Motion Ltd said it had restored service to millions of BlackBerry users affected by a three-hour service outage in Europe and Africa on Friday, embarrassing the company on the same day Apple Inc launched its new iPhone. The disruption echoed a much larger failure that took down BlackBerry service for much of the world last October, and boded poorly for the struggling smartphone maker's turnaround plans. "That RIM has experienced another outage is worrisome - something hasn't been put right," said John Jackson, a wireless analyst at CCS Insight. ...
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TomTom defends data after Apple map glitches
Fri,21 Sep 2012 08:42 AM PDT
Reuters - AMSTERDAM (Reuters) - TomTom NV stood by the quality of its mapping systems on Friday after Apple Inc's iPhone 5 launch was marred by glitches in its mapping app, which is built on TomTom's data. "We are more than willing to work with Apple to help fix any problems, as we would with any of our customers," said Caroline Fisher, vice-president of TomTom's consumer business unit. Apple launched the iPhone 5 on Wednesday, but soon afterwards users went to social media and blog sites to complain about geographical errors and missing information on the maps feature. ... Full Story | Top |
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