Today's Reuters Technology News Headlines - Yahoo! News:
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Apple, Google bid on Kodak patents: report
Mon,6 Aug 2012 06:19 PM PDT
Reuters -  (Reuters) - Eastman Kodak, which is planning to auction 1,100 digital patents, received two bids from investor groups including Apple Inc and Google Inc of between $150 million and $250 million, the Wall Street Journal reported on Monday. Bankrupt Kodak is selling the patents, which it believes could be worth $2.6 billion, in order to repay creditors. The company filed for Chapter 11 protection in January after failing to keep up as consumers and rivals shifted to digital photography from film photography. ...
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Acer CEO wants a rethink by Microsoft: FT
Mon,6 Aug 2012 04:46 PM PDT
Reuters -  LONDON (Reuters) - Taiwanese computer maker Acer has urged Microsoft Corp to reconsider its planned venture into the tablet market, the Financial Times reported on Tuesday. Acer Chairman and Chief Executive J.T. Wang, said Microsoft's plans to launch its own "Surface" tablet in October would be "negative for the worldwide ecosystem" in computing. Microsoft's "Surface" tablet would enter the market in direct competition with Acer's "Iconia" or Hewlett-Packard Co's "TouchPad" tablets. "We have said think it over. Think twice. ...
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Customer losses, high retention costs hit Leap Wireless
Mon,6 Aug 2012 04:43 PM PDT
Reuters - (Reuters) - Leap Wireless International Inc's quarterly revenue missed Wall Street estimates as more customers defected and average revenue per subscriber (ARPU) at the low-cost mobile services provider fell for the first time in seven quarters. Shares of the company, which focuses on cost-conscious customers and competes with MetroPCS Communications Inc, fell 15 percent in trading after the bell. The company said customer retention programs did not work out as well as expected and came at a higher-than-anticipated cost. ... Full Story | Top |
Samsung, Apple spar over gadgets' specs
Mon,6 Aug 2012 03:20 PM PDT
Reuters -  SAN JOSE, California (Reuters) - Apple Inc trotted out a veteran designer to bolster its claims that Samsung Electronics copied the iPhone, after the smartphone's 2007 launch triggered a "crisis in design" for the South Korean electronics giant. Monday marked the second week of a high-wattage trial between the world's most valuable tech company and rival Samsung, which has edged past Apple in market share and is intent on expanding its American footprint. The U.S. ...
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Apple won't include YouTube app in new mobile software
Mon,6 Aug 2012 03:15 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Apple Inc's new version of its iPhone and iPad software will not include a pre-loaded app for Google Inc's popular video website, YouTube, Apple said on Monday. It was the latest sign of the growing rivalry between the technology companies the once were closely aligned but now are vying for supremacy in the fast-growing mobile computing market. Earlier this year, Apple said it would dump Google's mapping software from its mobile devices. ...
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EBay tests same-day delivery with big retailers
Mon,6 Aug 2012 12:12 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - EBay Inc is testing a same-day delivery service with big retailers including Target Corp, Best Buy Co and Toys "R" Us Inc, as the world's largest online marketplace steps up competition with rival Amazon.com Inc. EBay introduced eBay Now, a mobile application, to some eBay members in recent days. The app is being tested in San Francisco and offers delivery in as little as an hour, eBay spokeswoman Lina Shustarovich said on Monday. The move is the latest sign of eBay working closely with traditional retailers to help them tackle the threat of Amazon. ...
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Apple and Samsung take Australian legal battle to the "hot tub"
Mon,6 Aug 2012 11:32 AM PDT
Reuters -  SYDNEY (Reuters) - Apple Inc and Samsung Electronics Co Ltd are embroiled in a high-stakes patent battle in several countries around the world, but only in Australia are they also engaged in "hot tubbing." Rather than a gaggle of lawyers hammering out their differences in the jacuzzi, the term refers to expert witnesses giving evidence in court together - rather than one by one - in the witness box. ...
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Samsung Electronics shares rise more than 4 pct
Sun,5 Aug 2012 05:52 PM PDT
Reuters -  SEOUL (Reuters) - Shares in Samsung Electronics rebounded on Monday, rising more than 4 percent in a market lifted by stronger-than-expected U.S. jobs data and optimism about further easing by the European Central Bank. (Reporting by Hyunjoo Jin; Editing by Chris Gallagher)
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New games, cost cuts may push Activision shares up 50 percent: Barron's
Sun,5 Aug 2012 10:22 AM PDT
Reuters - NEW YORK (Reuters) - Videogame maker Activision Blizzard may see its share price rise significantly, helped by the impending release of a new game and a recent business partnership in China, financial newsweekly Barron's reported in its August 6 edition. Activision shares, which are down about 10 percent this year and are currently trading at about $11.25, could rise as much as 50 percent due to new products and improved cost-cutting, with one analyst at BMO Capital Markets predicting the stock to hit $17, Barron's said. ... Full Story | Top |
China calls in U.S. diplomat over South China Sea
Sun,5 Aug 2012 08:24 AM PDT
Reuters -  BEIJING (Reuters) - China's Foreign Ministry has called in a senior U.S. diplomat to protest against remarks by the U.S. State Department raising concerns over tensions in the contested South China Sea, further intensifying an already fraught territorial dispute. In a statement released late on Saturday, China's Foreign Ministry said Assistant Foreign Minister Zhang Kunsheng summoned the U.S. Embassy's Deputy Chief of Mission Robert Wang to make "serious representations" about the issue. ...
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ASML says TSMC joins Intel to invest in latest chip kit
Sun,5 Aug 2012 07:27 AM PDT
Reuters -  AMSTERDAM (Reuters) - ASML, the global chip equipment maker, has signed up TSMC to further bankroll its research and development into costly next-generation chip-making kit to make micro chips smaller, smarter and cheaper, the Dutch firm said on Sunday. Last month, ASML's chief executive Eric Meurice said he had asked its three biggest customers - Intel Corp., TSMC, and Samsung Electronics - to help fund its costly R&D and invest in up to 25 percent of its shares. ...
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Saudi's Mobily awards IBM $280 million IT outsourcing contract
Sun,5 Aug 2012 06:55 AM PDT
Reuters - RIYADH (Reuters) - Saudi telco Etihad Etisalat (Mobily) has awarded IBM a five-year contract worth 1.05 billion riyals ($280 million) to outsource its information technology operations, it said in a bourse statement on Sunday. The contract will be self-financed and will lead to improvements in Mobily's products as well as making the company more flexible, it said without further elaboration. Mobily, which has a market value of $12.3 billion and is the No. 2 operator in Saudi Arabia, reported a 22-percent rise in second-quarter profit to 1. ... Full Story | Top |
Google should pay $750 a book, say authors in copyright case
Fri,3 Aug 2012 04:21 PM PDT
Reuters -  NEW YORK (Reuters) - Authors suing Google over the digitization of their books have asked a New York court to order the Internet company to pay $750 for each book it copied, distributed or displayed. The authors' filing was lodged in federal court in the Southern District of New York last month, but was only made public on Friday. In the filing, the Authors Guild, whose president is novelist-lawyer Scott Thurow, urged the court to rule that Google's digitization project does not constitute "fair use" under copyright law. ...
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Apple's Jobs was open to making smaller iPad: executive
Fri,3 Aug 2012 03:53 PM PDT
Reuters -  SAN JOSE, California (Reuters) - Steve Jobs was receptive to Apple Inc making a smaller tablet, a senior executive said in a 2011 email revealed on Friday, fanning speculation that Apple plans to make a mini-iPad and take on Google and Amazon products. Vice President Eddy Cue urged then-chief operating officer Tim Cook in January 2011 to build a 7-inch tablet, according to an email from Cue that Samsung Electronics introduced as evidence in a U.S. patent trial. ...
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Electronic Arts sues Zynga, says it copied "Sims" game
Fri,3 Aug 2012 03:33 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Video game publisher Electronic Arts Inc sued Zynga Inc on Friday, accusing the social gaming company of copying key elements of EA's "The Sims Social" game for Zynga's own title, "The Ville." EA's lawsuit is the latest in a series of copycat accusations leveled against Zynga, a company that has shrugged off similar litigation in the past as it grew into the dominant publisher of games on Facebook. ...
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