Today's Reuters Technology News Headlines - Yahoo! News:
|
|
Oracle plans new cloud-based products, first Ellison tweet
Wed,30 May 2012 07:51 PM PDT
Reuters -  (Reuters) - Larry Ellison, the billionaire chief executive of software maker Oracle Corp, said his company will launch a new suite of cloud-based software products and computing services the first week of June and he plans to send out his first tweet to announce the event. Oracle, which gets most of its revenue by selling software that companies install in their own data centers, is far behind smaller software vendor Salesforce.com Inc in the business of distributing its products via the Internet. ...
Full Story | Top |
Renesas to approach shareholders for support Thursday: Nikkei
Wed,30 May 2012 06:03 PM PDT
Reuters -  TOKYO (Reuters) - Japan's Renesas Electronics Corp will present a plan to Hitachi Ltd and other major shareholders on Thursday under which the loss-making chipmaker will seek to raise more than 100 billion yen ($1.3 billion) to pay for restructuring costs, the Nikkei newspaper said. Renesas, the world's largest maker of microcontroller chips for cars, has posted cumulative net losses of nearly $6 billion over the past seven years as it struggles to keep up with South Korea's Samsung Electronics and others in an expensive race to build ever smaller and faster chips. ...
Full Story | Top |
Rising legal costs push TiVo into the red
Wed,30 May 2012 03:16 PM PDT
Reuters - (Reuters) - TiVo Inc reported a bigger-than-expected quarterly loss and forecast another loss for the current quarter as the maker of digital television recorders fights costly legal battles to protect its patents. The company faces rising legal costs as it fights patent lawsuits against a number of companies, including Verizon Communications Inc , Motorola Mobility Inc and Time Warner Cable Inc , related to its video recording technology. A big part of TiVo's business relies on money it generates from settlements it receives protecting its intellectual property. ... Full Story | Top |
Romney's campaign misspells "America" in new app
Wed,30 May 2012 02:59 PM PDT
Reuters -  WASHINGTON (Reuters) - Republican Mitt Romney says he is running for president in search of a better America. This week, Romney's campaign could have used a better speller. The campaign released an iPhone app late Tuesday that features slogans supporting his campaign against Democratic President Barack Obama ahead of elections on November 6. "We're With Mitt," read one. "American Greatness," declared another. "A Better Amercia," proclaimed a third, a misspelling that almost instantly became the subject of jokes on social media. ...
Full Story | Top |
Court fight over Internet rules likely delayed to 2013
Wed,30 May 2012 02:28 PM PDT
Reuters - WASHINGTON (Reuters) - The legal fight over the U.S. government's new Internet traffic rules will likely drag into next year, according to a proposed court schedule. The Federal Communications Commission in 2010 adopted "net neutrality" rules that forbid broadband providers from blocking access to lawful content, while leaving flexibility for providers to manage their networks. For example, while other rules block access to child pornography, the "net neutrality" rules do not allow blockage of material the provider may oppose for political or other reasons. ... Full Story | Top |
F5 says sales boss resigns; shares fall
Wed,30 May 2012 01:44 PM PDT
Reuters - (Reuters) - Network gear maker F5 Networks Inc said Mark Anderson, executive vice president of worldwide sales, has resigned and will be replaced by Dave Feringa, vice president for Americas sales. F5 Networks shares fell 6 percent at $100.75 in extended trade, after closing at $107.54 on Wednesday on the Nasdaq. Anderson joined F5 in 2004 and was overseeing all sales activities for the company's application delivery networking product and service portfolio. "Mark was a key contributor to our growth and success here at F5," Chief Executive John McAdam said in a statement. ... Full Story | Top |
Analysis: Even after hiring bankers, RIM running out of options
Wed,30 May 2012 01:35 PM PDT
Reuters -  TORONTO/NEW YORK (Reuters) - BlackBerry maker Research In Motion Ltd may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers. The bankers - including leading M&A specialists from Royal Bank of Canada and J.P. Morgan - will explore options as drastic as an outright sale, one of the alternatives that RIM seems determined to avoid. But analysts and investors doubt that anyone is ready to buy the whole company at this time, despite a price that looks tantalizingly cheap on paper. ...
Full Story | Top |
Congress to look at future of Internet control
Wed,30 May 2012 01:18 PM PDT
Reuters -  WASHINGTON (Reuters) - U.S. lawmakers will delve on Thursday into an international debate on whether to hand more control of the Internet to the United Nations, a move many fear would turn it into a political bargaining chip for censorship and global taxes on Web companies. U.S. government officials are gearing up for a December meeting in Dubai where delegations from 193 countries will discuss whether the UN should have more say over how the Internet is organized and controlled. ...
Full Story | Top |
Analysts skeptical as RIM reviews strategy
Wed,30 May 2012 10:57 AM PDT
Reuters -  (Reuters) - Research In Motion Ltd's move to hire bankers for a strategic review and scout for partnerships prompted a slew of price-target cuts from analysts, who were skeptical about the BlackBerry maker's ability to attract a buyer. The company on Tuesday said it hired bankers from J.P. Morgan Securities LLC and RBC Capital Markets to help evaluate its strategies. "A potential buyer remains uncertain, and potentially a long shot in our judgment," analysts at Robert W. Baird said, adding they would be surprised by an acquisition by an existing OEM. ...
Full Story | Top |
Factbox: RIM: What are its businesses really worth?
Wed,30 May 2012 10:38 AM PDT
Reuters - TORONTO (Reuters) - Research In Motion Ltd's latest profit warning and its move to hire bankers to explore strategic options have raised speculation the BlackBerry maker might consider a piecemeal sale of its assets. Here is an overview of the assets of the one-time technology giant and some estimates on what the assets could be worth. SERVICES: RIM's services business, the core of the company's vaunted security offering, routes data through a network of servers that are spread across the globe. It is arguably the most valuable of RIM's assets and supports a subscriber base of 78 million ... Full Story | Top |
Verizon doubling FiOS speed to 300 megabits/second
Wed,30 May 2012 07:07 AM PDT
Reuters - (Reuters) - Verizon Communications Inc plans to double its fastest home Internet download speed to 300 megabits per second (mbps) next month, creating what it says will be the highest-speed U.S. residential service. Verizon competes with cable operators such as Cablevision Corp , Time Warner Cable Inc and Comcast Corp in home Internet services, as well as television. Verizon said Wednesday that the new 300 mbps speed for downloading files or streaming video would come with an upload speed of 65 mbps for sending files from a user's home computer. ... Full Story | Top |
Advisers still shaky on social media policy
Wed,30 May 2012 06:53 AM PDT
Reuters -  (Reuters) - As the securities industry finally warms up to using social media sites such as Facebook and LinkedIn, regulators are discovering that brokerages and investment advisers are off to a rocky start. Some firms are making major missteps as they ramp up their presence on the sites, and many do not even have social networking policies. Or if they do, many have inadequate guidelines. And while many brokerages and investment advisers were once reluctant to use social media for their work, a growing number find they cannot ignore the marketing opportunity. ...
Full Story | Top |
IP traffic to grow 29 percent per year through 2016: Cisco
Wed,30 May 2012 05:13 AM PDT
Reuters - (Reuters) - Network equipment maker Cisco Systems Inc said Internet Protocol traffic is expected to grow at a compound annual rate of 29 percent in the next four years mainly due to strong demand for video and the prevalence of devices such as smartphones, tablets and chips that monitor energy consumption. By 2016, annual global IP traffic is forecast to be 1.3 zettabytes - units of information - or 38 million DVDs per hour, Cisco said in its annual visual networking index forecast published on Wednesday that predicts growth from 2011 to 2016. ... Full Story | Top |
ABB fuels data centre growth with DC power
Wed,30 May 2012 04:59 AM PDT
Reuters - LUPFIG, Switzerland (Reuters) - Swiss engineer ABB is targeting annual growth of 20-25 percent in the expanding data centre market by using more energy efficient direct current technology, the head of its Low Voltage Products said on Wednesday. "DC is one of the highest growth industrial sectors for ABB to participate in," Tarak Mehta told a media conference in Baden, Switzerland. "If you walk around in the emerging markets there are more cell phones than people - that's a tremendous drive for computing horsepower," Mehta said. ... Full Story | Top |
Lee family scraps over some of Samsung riches
Wed,30 May 2012 04:33 AM PDT
Reuters -  SEOUL (Reuters) - Lawyers for Lee Kun-hee said on Wednesday the chairman of Samsung Electronics had been chosen by his father, the Samsung Group's founder, to lead the conglomerate and so was free to transfer shares of group companies to maintain control. Lee, South Korea's richest man, is defending three lawsuits from relatives who claim around $1 billion of Samsung assets they say Lee inherited and hid in nominee accounts. ...
Full Story | Top |
| |
|
No comments:
Post a Comment