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| Golden Calls: Will China embrace a champagne iPhone? Wednesday, Aug 21, 2013 08:17 PM PDT  BEIJING (Reuters) - If Apple hopes to woo more Chinese by adding a glitzy coating - some call it champagne, some gold - to its next iPhone, it may be in for a surprise. While gold is hugely popular as a safe haven and a status symbol - China is set to overtake India as the world's biggest gold consumer this year - shoppers at an Apple store in Beijing weren't all convinced it should be coupled with that pinnacle of mobile gadgetry. Ni Suyang, a 49-year old worker at a Beijing state-owned enterprise, said that color mattered less to her than the glass surface and silver metallic finish. ... Full Story | Top |
| HP shuffles top ranks, dashes 2014 growth hopes Wednesday, Aug 21, 2013 05:18 PM PDT  By Edwin Chan SAN FRANCISCO (Reuters) - Hewlett-Packard Co shuffled its top ranks on Wednesday, shifting a star executive to a role identifying acquisition targets after a disappointing performance from the division he oversaw curtailed the No. 1 PC maker's 2014 outlook. Shares in HP dropped 8 percent in after-hours trading after the company reported a 9 percent decline in Enterprise Group revenue, the company's second-largest division and a critical component of CEO Meg Whitman's plan to transform HP into a provider of enterprise computing services able to take on IBM and Cisco Systems Inc. ... Full Story | Top |
| Google in early talks with NFL on 'Sunday Ticket' service: report Wednesday, Aug 21, 2013 04:28 PM PDT  NEW YORK/SAN FRANCISCO/ (Reuters) - Google Inc has opened discussions with the National Football League to buy the rights to the "Sunday Ticket" subscription TV service now owned by DirecTV, tech blog AllThingsDigital reported on Wednesday, citing sources familiar with the matter. The acquisition, if consummated, would dramatically boost the media efforts of the Internet search company, which is trying to ramp up original programming and earn subscription revenue as opposed to advertising income. ... Full Story | Top |
| Analysis: Detroit carmakers wrestle with Silicon Valley VC model Wednesday, Aug 21, 2013 04:25 PM PDT  By Paul Lienert DETROIT (Reuters) - Detroit automakers General Motors Co and Ford Motor Co , trying to shake off decades of insularity, are looking to California's Silicon Valley and beyond for innovative ideas and technology that could disrupt and even transform the car business. Yet neither company appears to know what such a transformation would look like, nor are they close to commercializing a new product or process that longtime Valley venture capitalists would consider game-changing. ... Full Story | Top |
| HP switches key executives, dashes hopes for 2014 revenue growth Wednesday, Aug 21, 2013 04:15 PM PDT By Edwin Chan SAN FRANCISCO (Reuters) - Hewlett-Packard Co shuffled its top ranks on Wednesday, reassigning a star executive to a new role identifying potential acquisitions, as the world's largest personal computer maker reported a larger-than-expected slide in revenue and forecast zero sales growth next year. Its shares dropped 5 percent in after-hours trading. ... Full Story | Top |
| Facebook-led project seeks Internet access for all Wednesday, Aug 21, 2013 02:36 PM PDT  By Sinead Carew (Reuters) - Facebook Inc CEO Mark Zuckerberg has enlisted Samsung Electronics Co Ltd, Qualcomm Inc and other technology companies to help him in a project aimed at making Internet access affordable for the 5 billion people around the world who are not online. The group, called internet.org, is the latest effort by an Internet company to seek to expand Web access to emerging economies. It follows a similar thrust by Facebook rival Google Inc, which uses everything from balloons to fiber connections to expand connectivity. ... Full Story | Top |
| Semtech expects lower demand from smartphone makers, shares fall Wednesday, Aug 21, 2013 02:31 PM PDT (Reuters) - Chipmaker Semtech Corp said it expects lower demand from its largest smartphone customers and forecast current-quarter results well below market estimates. Semtech, whose shares fell about 11 percent in extended trading on Wednesday, said it expects adjusted earnings of 31-37 cents and revenue of $135 million-$145 million in the third quarter. Analysts on average were expecting earnings of 54 cents on revenue of $169.4 million, according to Thomson Reuters I/B/E/S. ... Full Story | Top |
| Ottawa watching BlackBerry carefully, wishes firm well Wednesday, Aug 21, 2013 12:50 PM PDT  By Randall Palmer OTTAWA (Reuters) - The Canadian government is watching smartphone maker BlackBerry Ltd carefully as it explores options including sale of the company but will not comment on its affairs, Industry Minister James Moore said on Wednesday. Loss-making BlackBerry, which has bled market share to Apple's iPhone and phones using Google's Android operating system, said last week it was weighing options that could include an outright sale. ... Full Story | Top |
| Nokia to launch large-screen smartphones next month -sources Wednesday, Aug 21, 2013 12:07 PM PDT  HELSINKI/NEW YORK (Reuters) - Nokia plans to unveil new, large-screen mobile handsets next month to revamp its Lumia smartphone lineup and challenge rival Samsung's dominance in increasingly popular phablet devices, sources said. Nokia has developed more than one new mobile device and is due to announce them at an event in New York in late September, said the sources familiar with the plan. The sources would not elaborate on details such as specifications and price but said the new models will include a phablet, a common name for smartphones with screens over 5 inches. ... Full Story | Top |
| HP's enterprise group chief Donatelli "reassigned" - source Wednesday, Aug 21, 2013 11:01 AM PDT SAN FRANCISCO (Reuters) - The head of Hewlett-Packard Co's enterprise group business has been reassigned, a source familiar with the matter said on Wednesday, in the latest high-profile executive-switch for a company grappling with crumbling personal computer sales. David Donatelli, a high-flying executive that Wall Street analysts once considered a potential tech company CEO candidate, has been given a new role, the source said without further elaboration. Donatelli could not be reached for comment. HP declined to comment on the news, which was first reported by tech blog AllThingsDigital. ... Full Story | Top |
| China's ZTE to post third quarterly profit due to cost cuts Wednesday, Aug 21, 2013 10:18 AM PDT  HONG KONG (Reuters) - ZTE Corp, the world's No. 5 telecom equipment and smartphone maker, expects to post a third quarterly net profit for the July-September period. The result was thanks to cost-cutting measures and as the company shunned the low-margin contracts that led to it posting losses last year. ... Full Story | Top |
| U.S. judge dismisses Netflix shareholder lawsuit over streaming Wednesday, Aug 21, 2013 09:01 AM PDT  By Jonathan Stempel (Reuters) - Netflix Inc shareholders failed to persuade a federal judge to order the dominant U.S. video rental and streaming company to pay damages for misleading them about business prospects for its streaming operations. U.S. District Judge Samuel Conti in San Francisco dismissed a lawsuit by shareholders led by the Arkansas Teacher Retirement System and State-Boston Retirement System on Tuesday, saying they failed to fix shortcomings in an earlier version of the suit he dismissed in February. ... Full Story | Top |
| Continental AG, Google to work on self-driving cars - report Wednesday, Aug 21, 2013 08:44 AM PDT  FRANKFURT (Reuters) - German automotive parts maker Continental AG is close to agreeing alliances with Google and IBM to develop autonomous driving systems for cars, a German newspaper reported. Daily Frankfurter Allgemeine Zeitung cited unspecified sources as saying Continental aims to unveil the two pacts at the Frankfurt Car Show in September. Continental is already in an alliance with U.S. network equipment maker Cisco Systems to work on systems for automated and driverless automobiles and on data transfer between cars. A Continental spokesman declined to comment. ... Full Story | Top |
| Microsoft offers ad-free Bing for the classroom to battle Google Wednesday, Aug 21, 2013 03:24 AM PDT  By Gerry Shih SAN FRANCISCO (Reuters) - The long-running rivalry between Microsoft Corp and Google Inc is turning into a schoolyard brawl. Microsoft on Wednesday opened a new front against the world's No 1 search provider by piloting an ad-free offering for educational users of Bing, its search engine that for years has trailed Google. Under the free program called "Bing for Schools," students in participating school districts will no longer see ads or adult content when they do Internet searches. ... Full Story | Top |
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