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| U.S. court rejects Apple's bid to raise damages in Samsung case Tuesday, Jan 29, 2013 07:52 PM PST  SEOUL (Reuters) - A U.S. court has ruled that Samsung Electronics Co did not willfully infringe on some of Apple Inc's patents and denied a request by the U.S. firm to raise patent damages awarded to it in its legal dispute against the South Korean firm, a court ruling showed on Wednesday. Apple has sought to raise the $1.05 billion damages awarded to it after a U.S. jury found in August that Samsung acted willfully when it violated several of Apple's patents. That could form a basis for to triple the damages tab owed by Samsung. In her series of rulings filed late on Tuesday U.S. time, U.S. ... Full Story | Top |
| Amazon shares set record after strong quarterly profit Tuesday, Jan 29, 2013 02:26 PM PST  SAN FRANCISCO (Reuters) - Amazon.com Inc shares hit a new record on Tuesday after it reported better-than-expected quarterly profit, fueled by the growth of higher-margin businesses during the fiercely competitive holiday quarter. The world's largest Internet retailer said that its cloud computing services, video content sales and its aggressive expansion in e-books helped increase profitability. ... Full Story | Top |
| Apple trademarks design of its retail stores Tuesday, Jan 29, 2013 02:01 PM PST  (Reuters) - Apple Inc, known for aggressively protecting its iPads and iPhones from copycats, is doing the same for the interior design of its stores. The U.S. Patent and Trademark Office granted Apple's request last week for trademarks on the minimalist design and layout of its retail outlets, the office's records show. The description of the trademarks includes "a clear glass storefront surrounded by a paneled facade" and, within the store, an "oblong table with stools...set below video screens flush mounted on the back wall. ... Full Story | Top |
| Hoax tweets send Audience shares atwitter Tuesday, Jan 29, 2013 01:40 PM PST (Reuters) - Shares of Audience Inc plunged more than 25 percent in a matter of seconds on Tuesday afternoon before quickly recovering after false reports were posted on social media site Twitter saying the specialty chip maker was being investigated for fraud. "Audience noise suppression company being investigated by DOJ on rumored fraud charges Full report (sic) to follow later," one of the hoax tweets said. The tweets, which carried the handle Conrad Block @Mudd1waters, appeared to come from short-selling firm Muddy Waters, but that was not the case. ... Full Story | Top |
| YouTube preparing to offer paid subscriptions this year: report Tuesday, Jan 29, 2013 01:07 PM PST  SAN FRANCISCO (Reuters) - YouTube, the video website owned by Google Inc, plans to offer paid subscriptions to some of the content on its site later this year, according to a media report. YouTube has reached out to several video producers, asking them to submit applications to create for-pay "channels," according to a report in AdAge on Tuesday that cited anonymous sources. The first such channels could be available to consumers by the second quarter for between $1 a month and $5 a month, AdAge reported. YouTube, the world's No. ... Full Story | Top |
| Microsoft launches new Office for consumers Tuesday, Jan 29, 2013 12:47 PM PST  SEATTLE (Reuters) - Microsoft Corp launched new Office software for home users on Tuesday, featuring constantly updated, online access to documents from all kinds of devices as the world's largest software company attempts to tailor its most profitable product to a mobile generation. The new Office suite of applications - including desktop staples Outlook email, Excel, Word and PowerPoint - is aimed at home users rather than businesses, and is designed to extend Microsoft's domination of the workplace to the home office and beat back growing competition from Google Inc's free online apps. ... Full Story | Top |
| U.S. government warns of hack threat to network gear Tuesday, Jan 29, 2013 12:16 PM PST  (Reuters) - The Department of Homeland Security urged computer users on Tuesday to disable a common networking technology feature, after researchers warned that hackers could exploit flaws to gain access to tens of millions of vulnerable devices. The U.S. government's Computer Emergency Readiness Team, on its website, advised consumers and businesses to disable a feature known as Universal Plug and Play or UPnP, and some other related features that make devices from computers to printers accessible over the open Internet. ... Full Story | Top |
| Analysis: Dell LBO talks reveal other leverage options Tuesday, Jan 29, 2013 12:07 PM PST  NEW YORK (Reuters) - A bid to take Dell Inc private by buyout firm Silver Lake and its partners underscores the financing market's willingness to lend up to $15 billion to the world's No.3 PC maker -- money that could be used to buy back shares and pay dividends even if the deal doesn't come together. The Silver Lake-led bidding group has lined up debt financing from at least four major banks and is negotiating a final price to pay Dell shareholders, people familiar with the matter have said. ... Full Story | Top |
| U.S. Justice Dept says examining Softbank, Sprint deal Tuesday, Jan 29, 2013 11:31 AM PST WASHINGTON (Reuters) - The Justice Department urged the U.S. telecommunications regulator on Tuesday to "defer" action on its investigation of Japan's Softbank Corp's takeover of Sprint Nextel, according to an FCC filling. Softbank and Sprint agreed last year that Softbank Corp would pay $20 billion for control of Sprint Nextel Corp, giving the Japanese firm entry into the U.S. market and Sprint, the No. 3 U.S. carrier, much-needed cash. ... Full Story | Top |
| RIM faces its day of reckoning with BlackBerry 10 launch Tuesday, Jan 29, 2013 11:23 AM PST  NEW YORK (Reuters) - The innovative line of BlackBerry smartphones that Research In Motion Ltd will formally unveil on Wednesday has already succeeded on one crucial count - getting RIM back in the conversation. The new BlackBerry 10 has created a buzz among technology watchers and financial analysts, thanks to nifty features that may set it apart in an overcrowded smartphone market. RIM stock has almost tripled over the past four months on hopes the devices can restore RIM to sustained prosperity. Reviewers like the browser speed and the intuitive keyboard on RIM's new touchscreen. ... Full Story | Top |
| Investor urges IGT to rethink online gaming move Tuesday, Jan 29, 2013 07:41 AM PST (Reuters) - U.S. slot machine maker International Game Technology should consider strategic alternatives for the social gaming unit it bought for $500 million a year ago and focus instead on growing Asian markets, an investor in the company said. Jason Ader, whose investment firm is leading a group seeking representation on the board of IGT, said he believed the company had lost its focus by venturing into online gaming. "IGT needs to get back to basics in developing games for its casino customers in the U.S. ... Full Story | Top |
| Apple announces iPad with double storage capacity Tuesday, Jan 29, 2013 07:04 AM PST  (Reuters) - Apple Inc said on Tuesday that it will sell a version of its iPad tablet computer with 128 gigabytes of storage, which is twice the capacity of its existing models. Apple, which has sold more than 120 million iPads so far, said that the new iPad will go on sale February 5, in black or white, for a suggested retail price of $799 for the iPad with just Wi-Fi model, and $929 for the version that also has a cellular wireless connection. (Reporting By Sinead Carew; Editing by Gerald E. McCormick) Full Story | Top |
| Nokia invests $250 million in venture funding Tuesday, Jan 29, 2013 12:23 AM PST  HELSINKI (Reuters) - Finnish mobile phone maker Nokia said on Tuesday it would invest $250 million in a new venture fund for mobile technology startups. It would be the third fund for Nokia Growth Partners, Nokia's global venture firm which invests in mobile hardware and component companies as well as digital advertising startups. Nokia Growth Partners had $600 million under management, according to its website. (Reporting by Ritsuko Ando; Editing by Mark Potter) Full Story | Top |
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