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| Sony says Dubai dealers sold Iran $12.8 million in equipment Thursday, Jun 27, 2013 08:55 PM PDT  (Reuters) - Sony Corp said some dealers in Dubai resold about $12.8 million worth of its video equipment and medical instruments to Iranian ministries, in a move that could possibly attract U.S. penalties. The dealers resold some equipment to Iran's broadcasting unit and health ministry, and some also planned to sell equipment to the information technology department of the country's police, the firm said in a filing with the U.S. regulator. ... Full Story | Top |
| Google developing Android videogame console: report Thursday, Jun 27, 2013 04:06 PM PDT  SAN FRANCISCO (Reuters) - Google Inc is developing a videogame console and a wristwatch based on its Android operating system, according to a report in the Wall Street Journal. The devices could be available as soon as this Fall, the report, which cited anonymous sources, said. Google, the world's No.1 Web search engine, is also working on a revamped version of the Nexus Q music-streaming device, the report said. Google unveiled the Nexus Q in June 2012, but never released the product, which received critical reviews. ... Full Story | Top |
| Software moguls Ellison and Benioff end feud, jump into deal Thursday, Jun 27, 2013 04:02 PM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Oracle Corp Chief Executive Larry Ellison and Salesforce.com CEO Marc Benioff publicly ended one of Silicon Valley's most bitter feuds on Thursday as they leapt into a major alliance aimed at selling more Internet-based software. On a conference call to outline their new pact, the moguls, who in the past had been harsh critics of each other's businesses, said they plan to collaborate in the fast-growing area of cloud computing. Their comments were a far cry from two years ago, when Ellison called Salesforce. ... Full Story | Top |
| Accenture cuts full-year outlook as consulting slows further Thursday, Jun 27, 2013 03:39 PM PDT  By Sruthi Ramakrishnan (Reuters) - Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates. Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd. ... Full Story | Top |
| Adobe to buy digital marketing software company for $600 million Thursday, Jun 27, 2013 02:08 PM PDT (Reuters) - Adobe Systems Incorporated said it had agreed to acquire privately held Neolane, which operates a software platform for managing digital marketing campaigns over multiple platforms, for $600 million in cash. The maker of Photoshop and Acrobat software said the move would "bring critical cross-channel campaign management capabilities to the Adobe Marketing Cloud." Adobe Marketing Cloud is a set of tools encompassing analytics, social, advertising, targeting, and web experience management solutions. ... Full Story | Top |
| Samsung rolls out OLED TV as production glitches linger Thursday, Jun 27, 2013 01:40 PM PDT  By Miyoung Kim SEOUL (Reuters) - Samsung Electronics Co Ltd launched its first OLED TV on Thursday, taking the ultra-thin technology into a nascent market despite tenacious production challenges that keep costs high while prevailing LCD screens only get better and cheaper. The world's biggest TV manufacturer has staked its display future on OLED - organic light emitting diode - technology and its success with smaller screens has bolstered its smartphone market share and earnings. But big screens are likely to take a much slower road to profits. ... Full Story | Top |
| Top officer rejects comparison of U.S., Chinese cyber snooping Thursday, Jun 27, 2013 01:22 PM PDT  By David Alexander WASHINGTON (Reuters) - The top U.S. military officer on Thursday dismissed comparisons of Chinese and American snooping in cyber space, saying all countries gathered intelligence on their potential adversaries but Beijing's problematic "niche" was intellectual property theft. Army General Martin Dempsey, the chairman of the Joint Chiefs of Staff, also said the U.S. government was close to completing an update of its rules of engagement in cyber space and that Americans needed to understand a cyber attack could trigger a real-world military response. ... Full Story | Top |
| Facebook ad products director to join online-payment firm Square Thursday, Jun 27, 2013 11:17 AM PDT  By Alexei Oreskovic and Gerry Shih SAN FRANCISCO (Reuters) - Facebook Inc's director of advertising products has been hired by Square in a significant coup for the young online-payments company. Gokul Rajaram starts work at the San Francisco-based company next week as lead product developer, overseeing Square Register, the firm's point-of-sale product for retailers, Square said on Thursday. The product allows retailers to use an Apple iPad computer tablet as a cash register. Rajaram will also work on other products, Square said. ... Full Story | Top |
| Square's website for small businesses takes on e-commerce giants Thursday, Jun 27, 2013 11:06 AM PDT By Gerry Shih SAN FRANCISCO (Reuters) - Since 2010, Square Inc's matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States. Now, the company, one of Silicon Valley's most highly valued private firms, is diving into a market as expansive the internet itself. Square launched a shopping website this week called Square Market to serve as an online storefront and payment processor for small businesses, a move that pits the closely held company, valued at $3. ... Full Story | Top |
| 'Roam if you want to' - EU lowers mobile fees for summer Thursday, Jun 27, 2013 06:52 AM PDT  By Claire Davenport BRUSSELS (Reuters) - Checking email or surfing the Web on a mobile phone while travelling in the European Union will be a third cheaper from Monday under roaming cuts enforced by the EU's regulator in time for the summer holiday season. The European Union has been eager to show its relevance to EU citizens with measures to cut the cost of consumer goods such as flights and roaming fees, with mobile charges a particularly popular step over the past several years. ... Full Story | Top |
| Sharp to form LCD tie-up with China Electronics, license technology Thursday, Jun 27, 2013 03:30 AM PDT  By Mari Saito TOKYO (Reuters) - Japan's Sharp Corp, a leading supplier of displays to Apple Inc, said Thursday it will form a $2.9 billion alliance with state-owned China Electronics Corp that includes an agreement by Sharp to license its advanced power-saving IGZO screen technology. The new venture will be 92 percent owned by China Electronics, also known as CEC, which supplies equipment to China's military. The venture will set up a an LCD plant with the goal of mass-producing panel displays for televisions, notebook PCs and tablets in 2015. ... Full Story | Top |
| Myanmar telecoms winners to be named despite house vote Wednesday, Jun 26, 2013 11:29 PM PDT  By Aung HlaTun and Jared Ferrie YANGON (Reuters) - Myanmar, which is offering operating licenses to global telecoms firms for the first time, will announce the outcome of the auction as planned on Thursday despite opposition in parliament. The lower house voted on Wednesday to delay the award of the two hotly contested licenses until after the enactment of a new telecommunications law that is still making its way through parliament. ... Full Story | Top |
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