Today's Reuters Technology News Headlines - Yahoo! News:
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Wii games don't mean kids exercise more: study
Mon,27 Feb 2012 04:59 PM PST
Reuters - (Reuters) - Virtual boxing, tennis and dancing along with video game systems may not be helping children meet daily exercise requirements, according to a U.S. study. Researchers from Baylor College of Medicine in Houston, Texas found that children who were given so-called active video games to play on a Nintendo Wii didn't end up logging any more moderate or vigorous physical activity than those given games they could play sitting on the couch. ... Full Story | Top |
Dell unveils new servers, says not a PC company
Mon,27 Feb 2012 02:14 PM PST
Reuters - SAN FRANCISCO (Reuters) - Dell Inc launched a new line of servers for enterprise customers, boosting its corporate business unit and shifting its focus further away from consumers, who are increasingly choosing such devices as Apple Inc's iPad. Chief Executive Michael Dell said his namesake company is no longer a personal computer company and has transformed itself into a business that sells services and products to corporations, a lucrative market that he said is worth $3 trillion. Corporations have grappled with ever-smaller IT budgets as slow economic growth curtails spending. ... Full Story | Top |
WikiLeaks targets global risk company Stratfor
Mon,27 Feb 2012 02:02 PM PST
Reuters -  (Reuters) - The anti-secrecy group WikiLeaks began publishing on Monday more than 5 million emails from a U.S.-based global security analysis company that has been likened to a shadow CIA. The emails, snatched by hackers, could unmask sensitive sources and throw light on the murky world of intelligence-gathering by the company known as Stratfor, which counts Fortune 500 corporations among its subscribers. Stratfor in a statement shortly after midnight EST (0500 GMT) said the release of its stolen emails was an attempt to silence and intimidate it. ...
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Elpida seeks bankruptcy protection, $5.6 billion debt
Mon,27 Feb 2012 12:22 PM PST
Reuters -  TOKYO (Reuters) - Elpida Memory Inc filed for protection from creditors on Monday with $5.6 billion in debt, the biggest bankruptcy filing by a Japanese manufacturer, after potential partners failed to come through to rescue the cash-strapped chipmaker. Japan, which had lent or invested 40 billion yen ($500 million) with the country's last maker of PC memory chips to help it through the post-Lehman Brothers crisis, appeared to throw in the towel this time as the company faces slumping prices and relentless competition from well-funded Korean rivals. ...
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Facebook offers olive branch to mobile carriers
Mon,27 Feb 2012 11:33 AM PST
Reuters -  BARCELONA (Reuters) - Facebook said it could team up with mobile operators on payments, in an offer that would give them back part of the revenue and influence they have lost in recent years to Apple and Google . Speaking for the first time at Mobile World Congress, the industry's biggest gathering, Facebook said operators could help it make money from its hundreds of millions of mobile users buying games or music on the social network. ...
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Vodafone offers to co-build European fast networks
Mon,27 Feb 2012 10:16 AM PST
Reuters - BARCELONA (Reuters) - Mobile operator Vodafone has offered to join forces with rival firms to share the 30 billion euro ($40 billion) bill to build out new superfast fiber networks in Europe, in a sign of the increasing demands being placed on operators. Chief executive Vittorio Colao said he had approached rivals in Germany, Spain and Italy to consider co-investing in new networks to meet the insatiable demand for faster speeds at a time when consumers are not willing to pay a huge premium. ... Full Story | Top |
Nokia unveils cheaper Windows smartphone
Mon,27 Feb 2012 09:56 AM PST
Reuters -  BARCELONA (Reuters) - Finnish mobile phone maker Nokia unveiled a cheaper smartphone using Microsoft's Windows Phone software on Monday, aiming to win back market share by targeting a wider audience. Nokia last year dumped its own smartphone software in favor of Windows Phone to step up its fight against rivals such as Apple's iPhone, but the high prices of its phones have been a major weak point. Nokia said its new Lumia 610 model would carry a price tag of 189 euros ($250), excluding subsidies and taxes, when it goes on sale next quarter. ...
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Sprint offers $2 billion in notes
Mon,27 Feb 2012 06:56 AM PST
Reuters - (Reuters) - Sprint Nextel Corp plans to raise $2 billion in debt in a private transaction, the company said on Monday. Sprint, which is spending $7 billion on a network upgrade, said it would use the funds for general purposes, including its network upgrade or potential funding of Clearwire Corp , in which it already has a majority stake. The No. 3 U.S. mobile provider said the notes would be due in 2017 and 2020. ... Full Story | Top |
Crack in China's firewall turns Obama page into freedom forum
Mon,27 Feb 2012 06:36 AM PST
Reuters -  (Reuters) - Chinese Internet users taking advantage of temporary access to Google Inc's social networking site, Google+, have flooded U.S. President Barack Obama's page on the site with calls for greater freedom in the world's most populous country. "Oppose censorship, oppose the Great Firewall of China!" one user posted, one of hundreds of comments in Chinese or by people with Chinese names that dominated the site over the weekend. Beijing's blocking of websites and censoring of search results for politically sensitive terms is known colloquially as the "Great Firewall of China. ...
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EBay sees strong mobile commerce volume growth in 2012
Mon,27 Feb 2012 05:21 AM PST
Reuters -  (Reuters) - EBay Inc forecast robust growth in its mobile commerce segment as the online commerce and auction site expects more people to shop and pay via smartphones. The company has been making a particularly strong push in mobile commerce and developing new applications for its e-commerce platforms. In 2012, eBay expects to do $8 billion in mobile commerce retail volume, and its electronic payments system PayPal expects to process $7 billion in mobile payment volume. In 2011, eBay mobile commerce generated $5 billion in retail volume, and PayPal mobile generated $4 billion in payment ...
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Olympus risks foreign backlash with new board line-up
Mon,27 Feb 2012 04:25 AM PST
Reuters -  TOKYO (Reuters) - Japan's Olympus Corp proposed a new board of directors on Monday in an effort to recover from a $1.7 billion accounting fraud, but the line-up could face a hostile reception from foreign investors when it goes to a shareholder vote. The maker of cameras and medical equipment said it had nominated an insider, executive officer Hiroyuki Sasa, to become president and former banker Yasuyuki Kimoto as chairman, subject to approval at its April 20 shareholders' meeting. ...
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Elpida says concrete offers had been expected on Monday
Mon,27 Feb 2012 02:40 AM PST
Reuters - TOKYO (Reuters) - Japan's Elpida Memory, which filed for bankruptcy protection on Monday, said it had been expecting concrete offers to come through during the day but they failed to materialize. Elpida President Yukio Sakamoto told a news conference that the company had expected concrete offers from potential partners, but when they did not appear the firm decided to file for bankruptcy. Media reports in recent weeks said Elpida was in talks with Micron Technology and its Taiwanese partner Nanya Technology on a possible equity tie-up. ... Full Story | Top |
On the ropes, Apple's China nemesis still dreams
Mon,27 Feb 2012 02:39 AM PST
Reuters -  (Reuters) - Yang Long-san, Apple's nemesis in a battle over the iPad trademark in China, once strutted the expo halls with dreams of market dominance. His company, Proview, may now be in ruins and his most valuable asset a disputed trademark, but those dreams remain intact. "My biggest wish is to resolve all these frustrating problems and put them behind me," Yang said in a recent telephone interview. "If we can resolve all the problems we have now and I have a chance to make a comeback, I'd still want to overtake my old competitors. ...
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Can't decide what to watch on TV? A new app may help
Mon,27 Feb 2012 02:00 AM PST
Reuters - SAN FRANCISCO (Reuters) - Channel surfers know that finding a great show to watch on television can be a daunting task, especially among the hundreds of channels available. Peel, an app for iOS and Android, aims to solve the problem by providing personalized recommendations based on the television shows that users already like. The app is similar to how Pandora recommends music, or how Netflix suggests films. "It stemmed from recognizing the complexity that the average user is faced with when selecting the right TV program," said Scott Ellis, the vice president of marketing for Peel. ... Full Story | Top |
Interview: China's Xiaomi hopes for revolution in
Mon,27 Feb 2012 12:52 AM PST
Reuters - SHANGHAI (Reuters) - Chinese handset maker Xiaomi Technology is looking to raise more funds within the next year or two to boost production and sees revenue in the future coming from software applications rather than handset sales, the firm's president told Reuters on Monday. Xiaomi, whose name literally means millet but refers to a revolutionary idiom from the early days of the Chinese Communist Party, was founded in 2010 with a focus on becoming a mobile Internet company. ... Full Story | Top |
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