Today's Reuters Technology News Headlines - Yahoo! News:
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AT&T data fees to jump in new shared plan option
Wed,18 Jul 2012 06:17 PM PDT
Reuters -  NEW YORK (Reuters) - AT&T Inc is following bigger rival Verizon Wireless with a new type of family plan that will significantly raise its fees for data services, such as mobile Internet. But, unlike its rival, AT&T said the plan will be an option, rather than a requirement, for new customers. AT&T customers and some Verizon customers upgrading to a new phone will also be able to keep their old plans, the companies said. Late in August, AT&T will launch the new offering, which allows customers of the No. 2 U.S. ...
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Steve Jobs shouldn't influence upcoming Apple/Samsung trial: judge
Wed,18 Jul 2012 06:14 PM PDT
Reuters -  SAN JOSE, California (Reuters) - A U.S. judge on Wednesday approved Apple Inc's request to bar disparaging statements by Steve Jobs about Google's Android operating system from an upcoming patent trial against Samsung Electronics Co Ltd. Apple and Samsung, the world's largest consumer electronics corporations, are waging legal war in several countries, accusing each other of patent violations as they vie for supremacy in the fast-growing market for mobile devices. Samsung's phones and tablet run on the Android operating system, developed by Google. ...
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Nokia investors brace for weak second-quarter phone sales
Wed,18 Jul 2012 04:06 PM PDT
Reuters -  HELSINKI (Reuters) - Nokia investors are bracing for the Finnish mobile phone maker to report weak sales of the Lumia phones that are crucial to its turnaround effort and a rapidly diminishing cash pile, in its second-quarter results later on Thursday. Once the world's dominant mobile phone maker, Nokia was late to embrace smartphones and has lost out to Apple and Samsung Electronics in the most profitable part of the market. ...
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IBM raises earnings outlook despite weak tech spending
Wed,18 Jul 2012 03:43 PM PDT
Reuters -  NEW YORK/BOSTON (Reuters) - IBM raised its full-year earnings target, even as it posted a quarterly revenue shortfall, reflecting its ability to manage costs as global technology spending sputters. International Business Machines Corp, a bellwether for the global IT industry because of its global span and breadth of businesses, now expects full-year earnings per share - excluding items - of at least $15.10, versus at least $15.00 previously. The company known as Big Blue has shifted its focus from hardware to higher-margin services and software over the past decade. ...
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YouTube unveils face-blurring tool
Wed,18 Jul 2012 03:42 PM PDT
Reuters - (Reuters) - Video website YouTube unveiled on Wednesday a way for users to automatically blur human faces in videos they upload, a feature that would help protect the identities of political dissidents, YouTube parent Google Inc said. Once known more as a repository for fuzzy, home-made cat videos, YouTube has become a growing destination for slick, highly produced entertainment and serious news content. ... Full Story | Top |
Microsoft's Windows 8 to hit release target
Wed,18 Jul 2012 02:42 PM PDT
Reuters -  SEATTLE (Reuters) - Microsoft Corp said on Wednesday its new, touch-friendly Windows 8 operating system will be on sale October 26, almost exactly three years after the launch of Windows 7. That means customers will be able to upgrade old PCs to the new system on that date, or buy new hardware with the software already installed at stores such as Best Buy. The company generally does not announce public release dates until close to the event, but has often stated that it aims for a new version of Windows every three years. ...
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Instant View: IBM hikes 2012 outlook, Qualcomm misses; eBay keeps forecast
Wed,18 Jul 2012 01:55 PM PDT
Reuters - SAN FRANCISCO (Reuters) - International Business Machines , a bellwether for the global enterprise IT sector, raised its outlook for fiscal 2012 earnings, defying worries about how crumbling corporate tech-spending may erode the bottom line. Qualcomm Inc , also reporting on Wednesday, missed quarterly revenue and earnings targets and pulled back on estimates for mobile device shipments in 2012. And EBay Inc rounded out major technology-sector earnings with better-than-expected quarterly results. It stuck to its full-year forecasts, seemingly averting a major hit from Europe's woes. ... Full Story | Top |
Congress mulls changes to patent lawsuit forum
Wed,18 Jul 2012 01:53 PM PDT
Reuters - WASHINGTON (Reuters) - A relatively obscure government agency at the center of a high stakes battle between the companies that make smartphones - Apple, Samsung Electronics, HTC and others - could well be headed for big changes. The International Trade Commission, which was created to protect U.S. companies from unfair foreign competition, has evolved into a top venue for the high-tech patent wars over smartphones, chips and Blu-Ray devices because the ITC can more easily ban imports that infringe patents than district courts. ... Full Story | Top |
For some Zynga games, mobile produces more revenues per user than Web: CEO
Wed,18 Jul 2012 01:26 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Some of Zynga's most sophisticated games, including "FarmVille," generate greater revenue per user on smartphones than on Facebook's Web-based platform, the company's chief executive, Mark Pincus, said Wednesday. Some of Zynga's deeper-engagement games -- titles like "FarmVille" that falls into what the company calls its "invest-and-express" category -- successfully generate revenues from smartphone users because of their mobile format as well as gamers' demographics, Pincus said. "On mobile they actually monetize higher than on the Web," Pincus said. ...
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Cogeco to pay $1.36 billion for Atlantic Broadband; shares dive
Wed,18 Jul 2012 12:30 PM PDT
Reuters - TORONTO (Reuters) - Cogeco Cable Inc, a Canadian company that serves mostly rural customers in Ontario and Quebec, said on Wednesday it will pay $1.36 billion to buy U.S. cable operator Atlantic Broadband in a move aimed at gaining a foothold in the larger U.S. market. The proposed deal, however, quickly triggered a 15 percent decline in Cogeco's share price, with investors skeptical of Cogeco's success in foreign deals following an unsuccessful foray into Europe. In February, Cogeco sold its struggling Portuguese cable unit, Cabovisao, at roughly one-tenth the price it paid for it in 2006. ... Full Story | Top |
Intel's outlook soothes antsy investors
Wed,18 Jul 2012 10:40 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - The shares of Intel Corp and other technology stocks surged after the top chipmaker trimmed its outlook and signaled that the PC industry might be down but is not out. Intel's recently punished stock jumped on Wednesday after the company reported second-quarter earnings late the day before. The shares of Hewlett Packard Co , Nvidia Corp , Dell Inc and other technology heavyweights also rose. ...
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Volatility surrounds F5 Networks as earnings loom
Wed,18 Jul 2012 10:27 AM PDT
Reuters - (Reuters) - F5 Networks is a volatile, momentum-driven stock with a good track record beating market expectations, but trading after its post-close earnings report may be less dizzying than usual. Options market activity suggests bullish sentiment among investors after the stock has been hit recently, in tandem with peers in the tech industry. The options market is positioning for a smaller swing than normal when compared to past moves. F5 options imply a share price move of about 9 to 9.5 percent based on the July options expiring this Friday. ... Full Story | Top |
Rovi shares slump on profit warning
Wed,18 Jul 2012 09:06 AM PDT
Reuters - (Reuters) - Shares of Rovi Corp fell to their lowest in three years on Wednesday morning after the digital media solutions provider slashed its profit forecast for the year and two brokerages downgraded its stock. The company on Tuesday estimated its second-quarter results well below analysts' expectations and cut its full-year forecast by nearly a third on an anticipated weakening of sales in its consumer electronics division. Rovi's software is used in home entertainment devices to play various digital media formats such as DivX. ... Full Story | Top |
Investors cheer Check Point profit rise, buyback
Wed,18 Jul 2012 08:34 AM PDT
Reuters - TEL AVIV (Reuters) - Israel-based computer security firm Check Point Software Technologies posted higher quarterly profit and kept its full-year targets, easing fears that companies might cut spending on their networks in a faltering global economy. Check Point said on Wednesday new products like ThreatCloud, which allows businesses to team up to fight cyber crime, were helping it to gain market share, and also announced plans to buy up to $1 billion of its shares in the next two years. Its shares, hit recently by fears of slowing demand, jumped 10 percent in early Nasdaq trading. ... Full Story | Top |
Analysts await new Yahoo CEO's strategy after dull results
Wed,18 Jul 2012 07:29 AM PDT
Reuters -  (Reuters) - Wall Street analysts chose to ignore Yahoo Inc's lackluster quarterly results but will be scrutinizing Marissa Mayer's every move as she takes the helm at the company. In a note titled "It Really Wasn't About The Quarter," RBC Capital Markets analysts said they expect investors to focus on the new CEO's strategy, which will likely be communicated over the next few months. "A slight miss on display, a modest beat on search, but other factors remain more relevant for the stock," RBC analyst Andre Sequin said. ...
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