Today's Reuters Technology News Headlines - Yahoo! News:
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Kyrgyz acting PM resigns as new coalition takes shape
Sat,1 Sep 2012 05:45 AM PDT
Reuters - BISHKEK (Reuters) - Kyrgyzstan's acting prime minister resigned on Saturday after his party appeared to be frozen out of a new coalition to run the volatile former Soviet republic. Omurbek Babanov, a prominent businessman who had served as prime minister since December, will move into opposition ahead of the formation a new coalition government that is likely to comprise three of the five parties in parliament. "He asked to resign because the formation of a new coalition has practically been decided," said Babanov's spokesman, Sultan Kanazarov. ... Full Story | Top |
Apple targets more Samsung products in patent suit
Fri,31 Aug 2012 06:03 PM PDT
Reuters -  NEW YORK (Reuters) - Seeking to capitalize on a major legal victory over its rival Samsung Electronics Ltd, Apple Inc has asked a federal court in a separate case to find that four additional Samsung products, including the Galaxy S III, infringe Apple's patents. In February, Apple alleged that at least 17 Samsung products infringe its patents. In a court filing made in San Jose federal court on Friday, Apple added four more products to the list of allegedly infringing products that have been released beginning in August 2011 and continuing through this month. ...
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China won't challenge WTO ruling in U.S. bank card row
Fri,31 Aug 2012 03:26 PM PDT
Reuters - GENEVA/WASHINGTON (Reuters) - The United States welcomed China's decision on Friday not to appeal a trade panel ruling that Beijing discriminated against U.S. bank card suppliers such as Mastercard Inc and Visa Inc in favor of a state-owned enterprise, China UnionPay. "Fair and open financial services markets are critical to facilitating global trade," U.S. Trade Representative Ron Kirk said in a statement, noting that China now had 30 days to say how it would comply with the World Trade Organization's July 16 ruling. The U.S. ... Full Story | Top |
Facebook hits new low after price target cuts
Fri,31 Aug 2012 02:29 PM PDT
Reuters -  (Reuters) - Shares of Facebook Inc fell 4.5 percent to a new low on Friday after brokerages cut their price targets on the company's shares, saying several lock-up expirations over the next year will weigh on the stock. Early investors got the green light to sell Facebook shares for the first time on August 16, sending its stock down 6.3 percent and prompting price target cuts. About 243 million shares will become available for trading from mid-October, with November 14 being the big day when more than 1.2 billion shares will enter the market. ...
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Facebook cracks down on fake "Likes"
Fri,31 Aug 2012 02:26 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Facebook Inc is weeding out fake "Likes" on its social network that are being caused by spammers, malware and black marketeers as it strives to maintain credibility as an advertising platform. Facebook said the number of Likes, or endorsements by users, on corporate pages is likely to drop by less than 1 percent, on average, after the crackdown. "Newly improved automated efforts will remove those Likes gained by malware, compromised accounts, deceived users, or purchased bulk Likes," Facebook said in a post on its official blog on Friday. ...
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Exclusive: Walmart tests iPhone app checkout feature
Fri,31 Aug 2012 02:01 PM PDT
Reuters -  (Reuters) - Wal-Mart Stores Inc is testing a system that would allow shoppers to scan items using their iPhones and then pay at a self-checkout counter, a move that could trim checkout times and slash costs for retailers. If the "Scan & Go" test by the world's largest retailer is successful, it has the potential to change the way people shop and pay, making the process more personal and potentially faster. ...
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Sharp to get $1.92 billion from main creditors: Nikkei
Fri,31 Aug 2012 11:30 AM PDT
Reuters - (Reuters) - Loss-making electronics company Sharp Corp will receive an additional 150 billion yen ($1.92 billion) from Mizuho Corporate Bank and Bank of Tokyo-Mitsubishi UFJ, helping it stay afloat through the end of the month, the Nikkei business daily reported. The Japanese LCD TV panel maker, which is weighed down by aggressive competition and sluggish TV demand, is also scrambling for money to refinance billions of dollars of debts maturing in the near term. Sharp's two main creditors will lend 75 billion yen each, fully backed by property and securities held by Sharp, the paper said. ... Full Story | Top |
Nokia, Microsoft head for "Last Chance Saloon"
Fri,31 Aug 2012 07:11 AM PDT
Reuters -  NEW YORK/SEATTLE (Reuters) - Microsoft Corp and Nokia Oyj are loading up for their best -- and possibly last -- shot at denting a smartphone market dominated by Apple Inc's iPhone and Google Inc's Android mobile software. If the new Lumia phones do not appeal to consumers when they are unveiled next Wednesday, it could mean the end for Nokia, and a serious blow to Microsoft's attempts to regain its footing in the mobile market, analysts and investors said. "This is very high stakes," said Canaccord Genuity analyst Michael Walkley. ...
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Android phone makers back platform but consider other options
Fri,31 Aug 2012 06:41 AM PDT
Reuters -  BERLIN (Reuters) - Some phonemakers are quietly exploring alternatives to the Android operating system implicated in the Samsung-Apple ruling, industry watchers say, despite their public pronouncements they are sticking with the technology. Last week, a U.S. court ruled Samsung's Android devices were violating Apple patents - a major blow to the leading mobile software platform because it could lead to sales bans and high licensing fees. The impact could also hit smaller vendors that use Android like HTC, ZTE, and Sony. Android is used in more than two thirds of smart phones. ...
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Religious groups vie for new Web domain names
Fri,31 Aug 2012 06:00 AM PDT
Reuters -  PARIS (Reuters)- Centuries-old theological disputes have broken out in cyberspace as religions aim to influence the future presentation of faith on the Internet. The forum for the rivalry is not the pulpit or church bulletin, but the website of ICANN, the corporation that oversees the Internet address system and now wants to expand it beyond the usual .com, .org or .net domains. When ICANN began accepting applications for new names early this year, bids came for extensions such as .catholic, .islam and .bible. ...
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Apple, publishers offer antitrust concessions: source
Fri,31 Aug 2012 05:40 AM PDT
Reuters -  BRUSSELS (Reuters) - Apple and four major publishers have offered to allow retailers such as Amazon to sell e-books at a discount for two years in a bid to end an EU antitrust investigation and stave off possible fines, a person familiar with the matter said on Friday. The EU antitrust watchdog opened an investigation into Apple's e-book pricing deals with the publishers last December, saying these may hamper competition in Europe. ...
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Investors cast doubts on Sharp's future, ability to pay debts
Fri,31 Aug 2012 04:51 AM PDT
Reuters - TOKYO (Reuters) - Sharp Corp shares fell almost 13 percent and ratings agency Standard & Poor's downgraded the company's debt to junk, underscoring growing concerns about the ability of the loss-making firm to pay its debts and revive its business. The stock suffered its sharpest decline in almost a month on Friday, after the abrupt departure of Hon Hai Precision Industry Co Ltd's chairman from Japan fuelled uncertainty over a tie-up expected to help secure the long-term viability of the Japanese LCD TV panel maker. ... Full Story | Top |
Sharp's output of new iPhone displays lagging -source
Fri,31 Aug 2012 01:41 AM PDT
Reuters - OSAKA (Reuters) - Sharp Corp has fallen behind schedule on production of screens for Apple Inc's latest iPhone just weeks before a planned major launch, a source told Reuters on Friday. The Japanese display maker is struggling with high costs that have cut into its margins on the screens, raising the question of whether Apple might provide financial incentives to speed up production, the source said. The source, who is familiar with Sharp's production operations, did not give an indication of how far behind the output had fallen. ... Full Story | Top |
From smart to genius: will design define future gadgets?
Thu,30 Aug 2012 11:07 PM PDT
Reuters -  (Reuters) - In a pre-iPhone age, mobile phones came in all shapes and sizes. Remember the clamshell, candy bar, swivel, backflip, slider, dual-slider, lipstick, and, of course, the taco? Nowadays, most phones have a touch screen, rows of icons and are rectangular. In short, they all look a lot like the iPhone. Now, in the wake of the Apple Inc vs Samsung Electronics trial, where the U.S. firm won what the South Koreans scathingly called a "monopoly over rectangles with rounded corners," the fear is that an era of rapid and exciting innovation in mobile design is over. ...
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Samsung triumphs over Apple in Japan patent case
Thu,30 Aug 2012 10:44 PM PDT
Reuters -  TOKYO (Reuters) - A Tokyo court ruled on Friday that Samsung Electronics' mobile devices did not violate an Apple Inc patent involved in synching mobile devices and computers, awarding the South Korean maker a victory a week after it lost a bruising landmark patent case in the United States. In rejecting Apple's suit, Tokyo District Court Judge Tamotsu Shoji said Samsung's products did not infringe on the U.S. firm's technological scope. A U.S. federal jury found last week that Apple did not infringe on any of Samsung's patents, while the South Korean firm had copied key features of iPhone. ...
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