Today's Reuters Technology News Headlines - Yahoo! News:
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Samsung says new Galaxy phone to use its quad-core processor
Wed,25 Apr 2012 08:06 PM PDT
Reuters - SEOUL (Reuters) - Samsung Electronics Co said on Thursday it would mass-produce its faster, energy-saving quad-core mobile microprocessor to power the third generation of its flagship Galaxy S smartphone, due to be unveiled next week. Samsung said it is sampling the chips to major handset makers as it seeks to expand its customer base from Apple Inc to its handset rivals such as Nokia , HTC and Motorola. ... Full Story | Top |
Analysis: Still in the frame, the camera defies smartphone onslaught
Wed,25 Apr 2012 07:09 PM PDT
Reuters - SINGAPORE (Reuters) - While most attention in the gadget world is on the breakneck pace of innovation in mobile phones, tablets and computers, another device has resolutely refused to die: the camera. Despite the onslaught of camera phones — the iPhone 4 has this year become the most popular device for posting snaps to the photo-sharing website Flickr — cameras are still being sold. Japan, the world's largest manufacturer, shipped nearly three times as many cameras in January as it did in the same month of 2003, when the camera phone was still in its infancy. ... Full Story | Top |
FCC okays AT&T spectrum transfer to T-Mobile USA
Wed,25 Apr 2012 06:17 PM PDT
Reuters -  NEW YORK (Reuters) - AT&T Inc, the No. 2 U.S. mobile service provider, has received regulatory approval for its plan to give T-Mobile USA a big chunk of spectrum as part of its break-up offering in compensation for the failure of their efforts to merge. AT&T was left with an obligation to give wireless air waves and $3 billion cash to Deutsche Telekom AG unit T-Mobile USA after AT&T's $39 billion plan to buy its smaller rival failed late last year due to strong regulatory opposition. ...
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Nokia, HTC win European patent ruling
Wed,25 Apr 2012 06:15 PM PDT
Reuters -  HELSINKI (Reuters) - Finland's Nokia and Taiwan's HTC won a key European ruling that a patent of German firm IPCom, which was threatening sales of their phones in Germany, was invalid in its current form. Wednesday's ruling by the European Patent Office was a rare spot of good news for Nokia, which is struggling with dwindling sales and credit rating downgrades in recent weeks. Nokia said it meant it could continue selling products in Germany. ...
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Slim's America Movil to get big push from Brazil
Wed,25 Apr 2012 06:13 PM PDT
Reuters -  MEXICO CITY (Reuters) - Cell phone company America Movil, the jewel in the crown of Mexican tycoon Carlos Slim's empire, is set to post a double-digit jump in first-quarter net profit and revenues, driven by the addition of Brazil's cable television company Net Servicos. America Movil, which analysts estimate may have added another 4.7 million mobile subscribers in the January-March period, absorbed Net Servicos earlier this year. ...
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Apple growth hinges on China, new devices
Wed,25 Apr 2012 04:53 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Sometimes even eye-popping results are not enough. Apple Inc'sO> shares may have risen 9 percent on Wednesday on the back of another spectacular quarter that included soaring iPhone sales in China, but the naysayers are still asking if the most valuable American company might need yet another revolutionary product in the next year to sustain its sizzling growth. The skeptics certainly lost some credibility when the company's shares surged 9 percent on Wednesday, adding about $50 billion to Apple's market value, but some have not been silenced. ...
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Google trial docs show plans for growth past search
Wed,25 Apr 2012 03:53 PM PDT
Reuters -  (Reuters) - Google Inc projected back in 2010 it would get more than 35 percent of its 2013 revenue from outside its flagship search operation, anticipating three non-search businesses, including commerce, would generate over $5 billion each, according to internal company documents filed in court. The documents provide a rare glimpse into Google's mindset in 2010, as the company does not break down the percentage of its revenue that comes from search advertising versus its other businesses. ...
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Chipmaker LSI's quarterly outlook beats Street
Wed,25 Apr 2012 02:04 PM PDT
Reuters - (Reuters) - LSI forecast current-quarter revenue above expectations as it sells more controller chips for hard-drives and ramps up sales of flash storage products, sending its shares higher after hours. Last month, an upbeat LSI increased its forecast for first-quarter results, saying a hard-drive industry hurt last year by flooding in Thailand was recovering faster than expected. Chief Executive Abhi Talwalkar told Reuters that sales of flash-storage products are growing quickly following LSI's January acquisition of high-end sold-state storage provider SandForce. ... Full Story | Top |
Nintendo's hard choices for a soft landing
Wed,25 Apr 2012 11:43 AM PDT
Reuters -  TOKYO (Reuters) - In 2006 Nintendo took video gaming out of the kids' room and into the living room, as its hit Wii created a new niche as the console the whole family could share. But with that Wii boom waning, the successor being prepared by the creator of Super Mario looks like a losing proposition as Apple Inc and other smartphone and tablet makers take gaming to the bathroom, the commuter bus and back to the bedroom. Nintendo will report on Thursday its first ever operating loss, after estimating a 45 billion yen deficit for the business year just ended. ...
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FCC okays AT&T spectrum transfer to T-Mobile USA
Wed,25 Apr 2012 11:35 AM PDT
Reuters - NEW YORK (Reuters) - AT&T Inc, the No. 2 U.S. mobile service provider, has received regulatory approval for its plan to give T-Mobile USA a big chunk of spectrum as part of its break-up offering in compensation for the failure of their efforts to merge. AT&T was left with an obligation to give wireless air waves and $3 billion cash to Deutsche Telekom AG unit T-Mobile USA after AT&T's $39 billion plan to buy its smaller rival failed late last year due to strong regulatory opposition. ... Full Story | Top |
Nokia, HTC win European patent ruling
Wed,25 Apr 2012 09:17 AM PDT
Reuters - HELSINKI (Reuters) - Finland's Nokia and Taiwan's HTC won a key European ruling that a patent of German firm IPCom, which was threatening sales of their phones in Germany, was invalid in its current form. Wednesday's ruling by the European Patent Office was a rare spot of good news for Nokia, which is struggling with dwindling sales and credit rating downgrades in recent weeks. Nokia said it meant it could continue selling products in Germany. ... Full Story | Top |
Apple crushes Street targets, dispels iPhone fears
Wed,25 Apr 2012 08:17 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc's quarterly profit almost doubled after a jump in iPhone sales, particularly for the greater China region, blowing past Wall Street expectations and soothing fears the device was past its best days for sharp growth. Shares in Apple, the world's most valuable technology company, shot up 8 percent in after-hours trade, after falling as much as 13 percent from a record high of $644 in the past two weeks. The results prompted a slew of analysts to raise their target price for Apple. Apple sold 35. ...
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Shutterfly says no rival bids for Kodak business
Wed,25 Apr 2012 06:30 AM PDT
Reuters - (Reuters) - Photo-sharing service Shutterfly Inc said there were no competing bids for Eastman Kodak Co's online photo services business that Shutterfly is set to buy for $23.8 million. Eastman agreed to sell the business to Shutterfly last month, kicking off the bankrupt photography pioneer's relaunch as a slimmer company. The companies plan to close the deal following final approval by the bankruptcy court, Shutterfly said in a statement on Wednesday. (Reporting by Sayantani Ghosh in Bangalore; Editing by Don Sebastian) Full Story | Top |
In Canada, phones poised to challenge credit cards
Wed,25 Apr 2012 05:02 AM PDT
Reuters -  TORONTO (Reuters) - Thousands of Canadian retailers already have equipment in place to let customers pay for purchases with a swipe of their mobile phones, putting the country in the lead in developing a system that could one day make cash obsolete. All that's needed is an agreement between banks, credit card companies and telecoms, and that appears to be coming soon, promising to transform how Canadians pay for everything from their morning coffee to a tankful of gasoline. ...
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