Today's Reuters Technology News Headlines - Yahoo! News:
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Social media is gold for Olympics advertisers
Wed,18 Apr 2012 05:10 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Advertisers are going for Facebook as athletes go for the gold, in the first Olympic Games where marketers are placing such high hopes on social media to create a buzz for their brands. With the London summer Olympics just 100 days away, advertisers hope that social media will do much of the heavy lifting in raising brand profiles, by getting consumers to chat about promotions online. Big consumer brands have long seen the Olympic Games as a way to get more consumers to buy their products. ...
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Nokia under pressure to show turnaround plan
Wed,18 Apr 2012 04:04 PM PDT
Reuters -  HELSINKI (Reuters) - Nokia's Chief Executive Stephen Elop will be under pressure on Thursday to convince investors the Finnish mobile phone company is still capable of a turnaround, after last week warning markets it expects to post losses for the first six months of 2012. Nokia is due to announce its full, first-quarter report at around 1000 GMT, and hold a conference call with investors at 1200 GMT. ...
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Analysis: Apple results loom large for tech - and the market
Wed,18 Apr 2012 02:24 PM PDT
Reuters - NEW YORK (Reuters) - When Apple's shares fall, is Wall Street's entire performance at risk? The outsize influence of Apple on both the technology sector and the entire stock market was thrown into sharp relief when the iPad maker's shares fell 4.1 percent on Monday. The alpha male of the stock market, Apple accounts for a third of the S&P tech sector's 20 percent year-to-date return, the best performance of any of the 10 sectors in the Standard & Poor's 500 index this year. The problem is, Apple's success may be masking a larger trend in the wider market toward slower profit growth. ... Full Story | Top |
Social media is gold for Olympics advertisers
Wed,18 Apr 2012 01:56 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Advertisers are going for Facebook as athletes go for the gold, in the first Olympic Games where marketers are placing such high hopes on social media to create a buzz for their brands. With the London summer Olympics just 100 days away, advertisers hope that social media will do much of the heavy lifting in raising brand profiles, by getting consumers to chat about promotions online. Big consumer brands have long seen the Olympic Games as a way to get more consumers to buy their products. ...
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Apple wants trial on e-book price-fixing: lawyer
Wed,18 Apr 2012 01:52 PM PDT
Reuters -  NEW YORK (Reuters) - Apple Inc wants to go to trial to defend itself against U.S. government allegations that it conspired with publishers to raise prices of electronic books, a lawyer for the Silicon Valley giant said in court on Wednesday. Two publishers took a similar stance in the first hearing in Manhattan federal court since the anti-trust division of the Department of Justice last week accused Apple and five publishers of colluding to break up Amazon.com's low-cost dominance of the digital book market. ...
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Analysis: In Asia, BlackBerry's RIM sees a glimmer of hope
Wed,18 Apr 2012 11:36 AM PDT
Reuters -  JAKARTA (Reuters) - The launch in India of a new BlackBerry by Research In Motion Ltd is not just a nod to its lower-end users who love it less for its security, push email and seamless roaming than for its simplicity and its Messaging. It's a strategy the Canadian company hopes will help fill both a hole in its balance sheet and a half-year wait for its next big thing — the BlackBerry 10 platform. ...
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Google CEO says Android important, not critical
Wed,18 Apr 2012 11:16 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - The Android smartphone operating system is a very important asset for Google Inc, but it is not critical, the company's chief executive officer said in courtroom testimony. Google CEO Larry Page took the stand for a second day on Wednesday in a high-stakes legal dispute with Oracle Corp over smartphone technology. Oracle sued Google in August 2010, saying Google's Android mobile operating system infringes on its intellectual property rights to the Java programming language. ...
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Apple investors brace for more turbulence
Wed,18 Apr 2012 10:35 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc's results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock's gravity-defying rally may be losing steam. Five straight days of stock losses for the world's most valuable company sparked fears it had ventured into dreaded bubble territory and was overdue for a strong pullback. Shares reversed course on Tuesday, gaining 5 percent. ...
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Nokia's elusive recovery rekindles strategy doubts
Wed,18 Apr 2012 10:16 AM PDT
Reuters -  HELSINKI (Reuters) - When Stephen Elop bet Nokia's future on a deal with Microsoft, he was hit with a barrage of criticism. After a year of respite, the chief executive is again being haunted by a decision that is costing the shrinking mobile phone company sales and favor. Nokia switched from developing its own Symbian operating system for the as-yet untried Windows Phone software in February 2011 and is now stuck in a sales gulf between phasing out its old smartphones and ramping up production of the new ones. Sales of the Lumia range that runs on Windows have fallen short of forecasts. ...
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Exclusive: Former RIM boss sought strategy shift before he quit
Wed,18 Apr 2012 08:04 AM PDT
Reuters -  TORONTO (Reuters) - Former Research In Motion co-chief executive Jim Balsillie sought to reinvent the BlackBerry smartphone maker with a radical shift in strategy before he stepped down, two sources with knowledge of his plans said. Balsillie hoped to allow major wireless companies in North America and Europe to provide service for non-BlackBerry devices routed through RIM's proprietary network, a major break with the BlackBerry-only strategy pursued by RIM since its inception. ...
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U.S. judge sends Apple, Samsung to settlement talks
Tue,17 Apr 2012 11:56 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc and Samsung Electronics Co Ltd agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing. Apple sued Samsung in the United States last year, saying the South Korean company's Galaxy line of mobile phones and tablets "slavishly" copies the iPhone and iPad. Samsung then countersued Apple. In a court filing late on Monday, both companies agreed to the settlement conference. U.S. ...
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Twitter to limit use of patents in lawsuits
Tue,17 Apr 2012 09:59 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Twitter said on Tuesday that it would structure its patents so they could not be used for offensive litigation purposes without permission from the people who developed them. Twitter said the move would give inventors more control over their creations and ensure its patents are not used to "impede the innovation of others," the company said in a post on its official blog. "It is a commitment from Twitter to our employees that patents can only be used for defensive purposes. ...
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Intel eyes sales pickup, investors cautious
Tue,17 Apr 2012 06:11 PM PDT
Reuters -  (Reuters) - Top chipmaker Intel Corp posted earnings confirming the PC industry is alive -- but not kicking -- and said sales would accelerate in the second half of the year with a powerful new PC processor. In a first-quarter earnings report that did not inspire investors to push Intel's recently high-flying stock further, the company also said costs associated with ramping up new production lines would hurt gross margins more than expected. "It's not that they disappointed, they just didn't give us the bull case. ...
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IBM boosts outlook; revenue shortfall hits shares
Tue,17 Apr 2012 03:42 PM PDT
Reuters -  (Reuters) - IBM's revenue fell slightly short of Wall Street expectations, sending its shares down almost 2 percent in late trade even as the company beat quarterly profit expectations and boosted its 2012 earnings target on strong software demand. International Business Machines, whose shares had closed up 2 percent on Tuesday, reported revenue of $24.7 billion -- flat with the previous year and below analyst expectations for $24.78 billion, according to Thomson Reuters I/B/E/S. ...
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Yahoo shows signs of life, Alibaba in the cards again
Tue,17 Apr 2012 03:26 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as new Chief Executive Scott Thompson spearheads the latest attempt to revamp the struggling Web company. Thompson told analysts on a conference call that Yahoo was once more exploring a simpler deal to try and "monetize" its 40 percent slice of China's Alibaba, a stake valued at billions of dollars and that Yahoo once discussed unloading. ...
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