Today's Reuters Technology News Headlines - Yahoo! News:
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Exclusive: Amazon teams with Nokia, snubs Google for maps - sources
Thu,30 Aug 2012 04:09 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Amazon.com Inc's new Kindle Fire will have mapping services via a tie-up with Nokia Oyj, according to two people familiar with the situation, filling a gap in the tablet's capabilities while snubbing Google Inc's popular service. The world's largest Internet retailer, which says its nine-month old Kindle Fire now accounts for one in five U.S. tablet sales, has teamed up with Nokia on mapping, the two people told Reuters. Amazon will release at least one new version of the Kindle Fire next Thursday. ...
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Paul Allen's real estate firm to sell Amazon headquarters
Thu,30 Aug 2012 02:54 PM PDT
Reuters - SEATTLE (Reuters) - Microsoft Corp co-founder Paul Allen's investment empire plans to sell the buildings housing the headquarters of online retailer Amazon.com Inc in Seattle. Allen's Vulcan Real Estate, part of his Vulcan Inc investment vehicle, said on Thursday it wants to sell the buildings in the South Lake Union area in central Seattle so it can use the funds to develop nearby land. Amazon, which only recently moved into its new headquarters, declined comment on whether it would be a bidder to buy the 11 buildings on 1.8 million square feet of land which make up its headquarters. ... Full Story | Top |
Exclusive: Google, Apple CEOs in secret patent talks
Thu,30 Aug 2012 01:50 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Google Inc Chief Executive Larry Page and Apple CEO Tim Cook have been conducting behind-the-scenes talks about a range of intellectual property matters, including the mobile patent disputes between the companies, people familiar with the matter said. The two executives had a phone conversation last week, the sources said. Discussions involving lower-level officials of the two companies are also ongoing. Page and Cook are expected to talk again in the coming weeks, though no firm date has been set, the sources said on Thursday. ...
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OmniVision forecasts second-quarter revenue above Street, shares rise
Thu,30 Aug 2012 01:48 PM PDT
Reuters - (Reuters) - Image sensor maker OmniVision Technologies Inc reported first-quarter revenue that beat analysts' expectations, and the company forecast current-quarter sales well above estimates, sending its shares up 9 percent in extended trade. The company, which makes back-lit image sensors for most of Apple Inc's products, forecast second-quarter adjusted earnings of between 21 cents to 37 cents per share on revenue of $355 million to $390 million. Analysts on average were expecting earnings of 33 cents per share on revenue of $268.6 million, according to Thomson Reuters I/B/E/S. ... Full Story | Top |
Twitter to let advertisers zero in on tweeters
Thu,30 Aug 2012 12:27 PM PDT
Reuters -  (Reuters) - Twitter Inc will begin allowing advertisers to directly target users based on the interests they reveal in their tweets, the social media company said Thursday. No longer content to be a "dumb" bulletin board, with 400 million micro-messages posted daily, Twitter has moved to a strategy of actively sifting through what each user is reading and tweeting in order to discern every individual's interests. Founded in 2006, Twitter is hoping to catch up to other consumer Internet companies that have found varying degrees of success by using technology to serve better-targeted ads. ...
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Knight accepts Nasdaq's $62 million Facebook payback plan
Thu,30 Aug 2012 10:30 AM PDT
Reuters -  (Reuters) - After heaping criticism on Nasdaq OMX Group's initial offer for compensating brokers for its botching of Facebook's initial public offering, trading firm Knight Capital Group Inc said it accepts the exchange's latest plan, which would pay out $62 million. The plan, which Nasdaq has called its "definitive word" on the Facebook debacle, is under consideration by the SEC and brings into question the extent to which an exchange can be liable for technical slip-ups. U.S. exchanges match hundreds of billions of dollars of securities transactions every day. ...
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Sony CEO says Vita gaming sales near expectations
Thu,30 Aug 2012 09:57 AM PDT
Reuters -  BERLIN (Reuters) - Sony Chief Executive Kazuo Hirai said on Thursday that its new gaming device Vita was mostly selling in line with its expectations, though in some places it was off the pace. Vita hit the stores earlier this year, the latest in a line of mobile gaming gadgets in the spirit of Nintendo's Game Boy and Atari's Lynx, but some analysts have questioned whether there is room for such a device in a market increasingly dominated by games played on smartphones and tablets. ...
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Amazon says Kindle Fire has sold out
Thu,30 Aug 2012 09:07 AM PDT
Reuters -  (Reuters) - Amazon.com Inc said on Thursday its Kindle Fire tablet computer is sold out, raising expectations that the world's largest Internet retailer will launch at least one new version of the device at an event next week. Amazon shares hit a record high of $250 after the announcement, before paring gains to $247.37, up 25 cents on the day. Amazon Chief Executive Jeff Bezos said the 7-inch Kindle Fire has grabbed 22 percent of U.S. tablet sales since it hit stores in November at $199, well below the price of Apple Inc's market-leading iPad. ...
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ZTE launches Intel-based smartphone
Thu,30 Aug 2012 08:32 AM PDT
Reuters - BERLIN (Reuters) - Chinese group ZTE, the world's fourth-largest mobile phone maker, unveiled its first smartphone model using Intel processors, marking an important break into a top-tier handset maker by the U.S.-based group. ZTE said on Thursday its Grand X IN model, which will go on sale in Europe next month, will mark the start of a wider portfolio of Intel-based products. "This is the first among a number of handsets in the next 12 to 18 months," Chris Edwards, European business development and marketing chief at ZTE, said in an interview. ... Full Story | Top |
China smartphone market to overtake U.S. in 2012: research firm
Thu,30 Aug 2012 08:25 AM PDT
Reuters - NEW YORK (Reuters) - China will overtake the United States as the world's biggest smartphone market this year, according to research firm IDC, which expects demand to grow for lower-priced smartphones based on Google Inc's Android software. IDC forecast that China's share of the smartphone market will increase to 26.5 percent this year from 18.3 percent last year, while U.S. market share declines to 17.8 percent from 21.3 percent. China's sales will be helped by the availability of Android devices priced at $100 or less due to intensifying competition among smartphone vendors, according to ... Full Story | Top |
Hon Hai chairman leaves Japan without deal on Sharp: media
Thu,30 Aug 2012 08:24 AM PDT
Reuters -  SAKAI, Japan (Reuters) - Hon Hai Precision Industry's chairman left Japan on Thursday without finalizing a deal for a stake in Sharp Corp, Jiji news reported, prolonging uncertainty over an alliance that could rescue the loss-burdened Japanese display and TV maker. Hon Hai chairman and founder Terry Gou had earlier visited Sharp's flagship LCD panel factory in western Japan, the world's most advanced and 38 percent owned by Hon Hai. Another Hon Hai executive said the two companies may spend over $1 billion to boost capacity at the Sakai plant, near Osaka. ...
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Painful birth for Europe's new one-stop patent
Thu,30 Aug 2012 02:29 AM PDT
Reuters - MUNICH (Reuters) - That Europe needs a common patent is patently obvious to Michael Setton, who runs a tiny technology firm in France making wireless sensors that track environmental and biomedical data. Yet he and thousands of other inventors are still waiting to hear when they will finally be able to protect their inventions across the region at one go, cutting costs dramatically. ... Full Story | Top |
Sony sees little impact from Android legal woes
Thu,30 Aug 2012 01:14 AM PDT
Reuters -  BERLIN (Reuters) - Sony Mobile , which uses Google Android software for its smartphones, has not seen much impact from patent problems of the software platform. Last week a U.S. jury decided many of Samsung's Google Android-based phones infringed Apple Inc patents. "We don't see much impact to our business as yet of today," Sony Mobile Chief Executive Kunimasa Suzuki told Reuters. Suzuki said he was confident to sell more smartphones in its fiscal year 2012-2013 than 34 million in previous year. (Reporting By Tarmo Virki and Harro ten Wolde)
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ZTE to testify in U.S. probe of alleged China telecom threat
Wed,29 Aug 2012 06:13 PM PDT
Reuters -  WASHINGTON/HONG KONG (Reuters) - China's ZTE Corp said it would take part in a projected U.S. congressional hearing next month linked to an investigation of alleged Chinese espionage threats to U.S. telecommunications infrastructure. The House of Representatives Permanent Select Committee on Intelligence has invited the chairman of ZTE, Hou Weigui, and deputy chairman of Huawei Technologies Co, Ken Hu, to testify at a hearing that would explore their companies' relationships with the Chinese authorities, among other things. ...
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Facebook co-founder Moskovitz sells more shares
Wed,29 Aug 2012 05:51 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Facebook co-founder Dustin Moskovitz is selling yet more shares in the one-time consumer-Internet darling, keeping up a steady but small flow of daily sales, according to a filing. This week, Moskovitz has sold a total of 450,000 Class A shares at prices ranging from $19.19 to $19.22 a share, reducing the Facebook stake of his Dustin A. Moskovitz Trust to 6.15 million A shares, a filing with the Securities and Exchange Commission showed. His Dustin A. Moskovitz Trust also owns 106. ...
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