Today's Reuters Technology News Headlines - Yahoo! News:
|
|
RIM committee stresses importance of independent chair
Mon,30 Jan 2012 07:32 PM PST
Reuters -  (Reuters) - A review of Research In Motions' leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker. The panel's findings were published on RIM's website late on Monday, a day before a Jan 31 deadline. The committee said in its report that it had recommended that RIM should separate the roles of Chair and CEO and amend the board mandate accordingly. ...
Full Story | Top |
Mexicans overcharged billions for phone, web: study
Mon,30 Jan 2012 07:11 PM PST
Reuters - MEXICO CITY (Reuters) - Mexicans have been overcharged $13.4 billion a year for phone and internet services as the industry dominated by billionaire Carlos Slim gouges customers and keeps the economy from growing, a study released on Monday said. Mexico, the second-largest economy in Latin America, cannot reach its growth potential until the cost of phone and internet access comes down and more people have easy access to telecom services, the report from the Organization for Co-operation and Development said. From 2005 to 2009, Mexican consumers paid $13. ... Full Story | Top |
AT&T reorganizes management positions
Mon,30 Jan 2012 06:16 PM PST
Reuters -  (Reuters) - Wireless provider AT&T has put company veteran John Stankey in charge of strategy amid a management reshuffle after its failed attempt to take over Deutsche Telekom's U.S. mobile unit. "Stankey, who has led nearly every major AT&T business unit during his 27-year career, will be responsible for developing the roadmap to maximize future growth opportunities," AT&T said in a statement on Monday. AT&T also said Forrest Miller, its head of corporate strategy and mergers and acquisitions, was retiring. Miller had worked at AT&T for more than 30 years. ...
Full Story | Top |
Libya minister to protect investment in Zamtel
Mon,30 Jan 2012 03:04 PM PST
Reuters - ADDIS ABABA (Reuters) - Libya will do all it can to protect its 75 percent stake in Zamtel, the fixed-line telecoms firm in Zambia, whose government announced plans last week to seize Libya's stake in the firm, Libyan Foreign Minister Ashour bin Khayyal said Monday. "The Zambian government has taken a unilateral action by nationalizing this company," Khayyal said, adding he had spoken to his Zambian counterpart about the issue at the African Union summit in the Ethiopian capital. ... Full Story | Top |
HP director Babbio to leave board
Mon,30 Jan 2012 02:29 PM PST
Reuters -  SAN FRANCISCO (Reuters) - Hewlett-Packard Co said on Monday long-time director Larry Babbio Jr. will step down, as the technology giant continues to restructure its much-criticized board. Babbio, along with fellow directors Sari Baldauf and Dominique Senequier, will not stand for reelection at an upcoming shareholders' meeting on March 21, the company said in regulatory filings. ...
Full Story | Top |
Tablet boom makes Apple No 1 PC maker: research firm
Mon,30 Jan 2012 01:38 PM PST
Reuters -  (Reuters) - Apple Inc overtook Hewlett-Packard Co as the world's largest vendor of personal computers in the fourth quarter, helped by booming demand for its iPads, research firm Canalys said on Monday. In the fourth quarter, tablet demand helped drive the global PC market 16 percent higher than a year ago to 120 million computers, Canalys said. Excluding tablets, the market fell 0.4 percent from a year ago, said Canalys, one of the first research firms to include tablets in PC forecasts. Other firms have said they will likely follow. (Reporting By Tarmo Virki; editing by Andre Grenon)
Full Story | Top |
Symantec says pcAnywhere safe, offers free upgrade
Mon,30 Jan 2012 01:25 PM PST
Reuters -  BOSTON (Reuters) - Symantec Corp said it is safe to use its pcAnywhere software for accessing remote PCs after it asked customers last week to disable the product because it put them at greater risk of being hacked. The software maker took the unusual step of urging customers to temporarily stop using the product after an investigation determined that the blueprints, or source code, to pcAnywhere were stolen in 2006. Symantec said on January 25 that the theft put users of all versions of the product at greater risk of losing data to hackers. ...
Full Story | Top |
In Facebook IPO, bankers seek prestige over fees
Mon,30 Jan 2012 10:34 AM PST
Reuters -  (Reuters) - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. The world's largest online social network is expected to tap public markets for $10 billion in the coming months in an offering that will value the company at up to $100 billion, according to sources familiar with the planned IPO. It will be one of the biggest U.S. market debuts ever, and a prized trophy for the investment bankers seeking to win lead advisory roles. ...
Full Story | Top |
Amazon unit may be moving into sporting goods
Mon,30 Jan 2012 10:03 AM PST
Reuters - SAN FRANCISCO (Reuters) - Amazon.com Inc's Quidsi unit may be getting into sporting goods, challenging retailers in this niche, including Dick's Sporting Goods, Hibbett Sports and Cabela's, analysts at Credit Suisse said Monday. Recent online job postings by Amazon and Quidsi describe a new "sports and activities" business and an "Outdoor Sportsman destination," the analysts, led by Gary Balter, wrote in a note to investors. Quidsi did not respond to an email seeking comment on Monday. An Amazon.com representative could not immediately be reached for comment. ... Full Story | Top |
Philips swings to loss as Europe's economy falters
Mon,30 Jan 2012 07:54 AM PST
Reuters -  AMSTERDAM (Reuters) - Philips swung to a fourth-quarter net loss as government cuts ate into its healthcare equipment business and a slowdown in European construction activity and consumer spending hit its lighting operations. Europe's largest consumer electronics maker posted a net loss of 160 million euros ($210 million) after a profit of 465 million a year earlier, and the group said prospects for this year were no brighter. "We are cautious about 2012, given the uncertainty in the global economy, and Europe in particular," chief executive Frans van Houten said on Monday. ...
Full Story | Top |
School bans fuzzy boots used to hide cell phones
Mon,30 Jan 2012 07:32 AM PST
Reuters - PHILADELPHIA (Reuters) - Singer Nancy Sinatra may have had boots made for walking, but she never attended Pottstown Middle School. Starting Monday the Philadelphia suburban district is banning the wearing of fuzzy open-top boots, including the popular Ugg brand, to middle school classes because students have been stashing cell phones in the loose footwear, according to district director of community relations John Armato. "Cell phones are a problem for obvious reasons," Armato said. ... Full Story | Top |
Former Groupon sales reps countersue over tactics
Mon,30 Jan 2012 07:28 AM PST
Reuters - (Reuters) - Former Groupon Inc sales representatives who were sued by that company after deciding to leave for Google Inc have filed a countersuit, claiming their former employer is pursuing "sham" litigation to keep them from joining rivals. Groupon, which runs the world's largest online coupon website, had accused Nikki Dorough, Brian Hanna and Michael Nolan of taking confidential trade secrets in moving to the world's largest Internet search company. Google launched its own daily deals business early last year. ... Full Story | Top |
Canon earnings outlook falters, president steps down
Mon,30 Jan 2012 03:48 AM PST
Reuters -  TOKYO (Reuters) - Canon Inc's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion Japanese camera and printer maker forecast weak earnings growth and said its current president was stepping down. Like other export-focused Japanese manufacturers, Canon, which makes 80 percent of its revenue overseas, has been hit by a strong yen and a weak economy, on top of last year's floods in Thailand that closed a printer plant and ruptured supply lines. ...
Full Story | Top |
RIM CEO eyes "significant" plans for BlackBerry
Fri,27 Jan 2012 06:39 PM PST
Reuters -  NEW YORK (Reuters) - Research in Motion's Thorsten Heins plans to waste no time in his new job. The BlackBerry maker's chief executive said he will present the board with his plan for company's future in just a matter of weeks. The German-born executive, who took over from two longstanding co-CEOs on Saturday, said his plans for RIM would be "significant" though he did not divulge details in an interview with Reuters. "I will have time with the board in two weeks to present my ideas and changes," Heins said. ...
Full Story | Top |
Former Groupon sales reps countersue over tactics
Fri,27 Jan 2012 03:27 PM PST
Reuters - (Reuters) - Former Groupon Inc sales representatives who were sued by that company after deciding to leave for Google Inc have filed a countersuit, claiming their former employer is pursuing "sham" litigation to keep them from joining rivals. Groupon, which runs the world's largest online coupon website, had accused Nikki Dorough, Brian Hanna and Michael Nolan of taking confidential trade secrets in moving to the world's largest Internet search company. Google launched its own daily deals business early last year. ... Full Story | Top |
| |
|
No comments:
Post a Comment