Daily News: Reuters Technology News Headlines - Marvell has options as it faces $1 billion patent verdict

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Thursday, Dec 27, 2012 03:56 PM PST
Today's Reuters Technology News Headlines - Yahoo! News: Marvell has options as it faces $1 billion patent verdict Number of e-book readers increasing in United States: survey Apple CEO's pay takes big hit vs. record 2011 package Analysis: For tech investors, it's hard to know when to bolt Website helps Dutch Catholics "de-baptize" over gay marriage Marvell seeks to overturn $1.17 billion patent verdict Amazon most satisfying website to shop: survey

Marvell has options as it faces $1 billion patent verdict  Thursday, Dec 27, 2012 03:56 PM PST NEW YORK (Reuters) - As Marvell Technology Group Ltd embarks on a legal process to void a $1.17 billion damages verdict in a patent dispute with Carnegie Mellon University, it has some reasons to be optimistic. The verdict was delivered on Wednesday by a jury in Pittsburgh, which found that Marvell had infringed two patents owned by Carnegie Mellon related to how accurately hard-drive circuits read data from high-speed magnetic disks. On Thursday, Marvell said that it would seek to overturn the verdict through post-trial motions at the district court. ... Full Story	Top
Number of e-book readers increasing in United States: survey  Thursday, Dec 27, 2012 03:25 PM PST NEW YORK (Reuters) - The popularity of electronic books is increasing in the United States, with nearly one-quarter of American bibliophiles reading e-books, according to a survey released on Thursday. The number of e-readers aged 16 years and older jumped from 16 percent in 2011 to 23 percent this year, while print readers fell from 72 to 67 percent in 2012, in a survey conducted by the Pew Research Center. "The move toward e-book reading coincides with an increase in ownership of electronic book reading devices," the organization said. ... Full Story	Top
Apple CEO's pay takes big hit vs. record 2011 package  Thursday, Dec 27, 2012 02:44 PM PST NEW YORK (Reuters) - Apple Inc CEO Tim Cook's 2012 compensation package of $4.17 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards. Cook received the largest single pay package awarded to a company CEO in about a decade when he replaced Apple co-founder Steve Jobs in August last year, shortly before the Silicon Valley legend's death in October 2011. The maker of the iPhone and iPad made the 2012 compensation disclosures in a regulatory filing on Thursday. ... Full Story	Top
Analysis: For tech investors, it's hard to know when to bolt  Thursday, Dec 27, 2012 10:42 AM PST (Reuters) - When Hewlett-Packard Co agreed to buy British software company Autonomy in August last year for $11.1 billion, two well-known investors made diametrically different bets on how the big deal would play out. To short seller Jim Chanos, who had been raising red flags on Autonomy for years and had started shorting shares of HP in 2011, the deal was another nail in the coffin of the Silicon Valley tech giant, according to a source familiar with his thinking. ... Full Story	Top
Website helps Dutch Catholics "de-baptize" over gay marriage  Thursday, Dec 27, 2012 08:59 AM PST AMSTERDAM (Reuters) - Thousands of Dutch Catholics are researching how they can leave the church in protest at its opposition to gay marriage, according to the creator of a website aimed at helping them find the information. Tom Roes, whose website allows people to download the documents needed to leave the church, said traffic on ontdopen.nl - "de-baptise.nl" - had soared from about 10 visits a day to more than 10,000 after Pope Benedict's latest denunciation of gay marriage this month. ... Full Story	Top
Marvell seeks to overturn $1.17 billion patent verdict  Thursday, Dec 27, 2012 06:24 AM PST (Reuters) - Marvell Technology Group Ltd said on Thursday it will try to void a $1.17 billion damages award imposed by a federal jury that found the chipmaker had infringed two patents held by Carnegie Mellon University. In a statement, the company said it will seek to overturn Wednesday's verdict in post-trial proceedings in the U.S. District Court in Pittsburgh. It also said that if necessary, it will take its case to the U.S. Federal Circuit Court of Appeals in Washington. ... Full Story	Top
Amazon most satisfying website to shop: survey  Wednesday, Dec 26, 2012 09:02 PM PST (Reuters) - Amazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in customer satisfaction of any major online retailer this holiday season, according to a survey released on Thursday. Flash sale sites Gilt.com and RueLaLa.com were among the worst performers in online shopping satisfaction this season, according to ForeSee's Holiday E-Retail Satisfaction Index. ... Full Story	Top

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