Friday, May 24, 2013
 
 
New Xbox more than a game console for Microsoft
By Malathi Nayak and Bill Rigby

SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gamin...
 
DirecTV interested in buying video website Hulu: source
By Liana B. Baker

(Reuters) - The largest U.S. satellite video provider, DirecTV, is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation.

The person acknowledged that other parties were involved, addi...
 
Plaintiffs in Mexico Yahoo case say will appeal court ruling
MEXICO CITY (Reuters) - Two Mexican firms embroiled in a contractual dispute with Yahoo Inc will appeal a court ruling that overturned an earlier $2.75 billion judgment in their favor, a director of the companies said on Friday.

Yahoo announced the decision by the Mexican appellate court o...
 
Sanyo may cease to exist under Panasonic reorganization: Nikkei
(Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.

Panasonic will cut 90 percent of Sanyo's global workforce of about 2,500 in around three years, the daily reported.

 
Sony to name Chugai Pharma's CEO as chairman: Nikkei
(Reuters) - Sony Corp <6758.T> <SNE.N> plans to appoint Chugai Pharmaceutical Co <4519.T> Chief Executive Osamu Nagayama as chairman, the Nikkei reported.

Nagayama's appointment will be finalized on June 20 at a board meeting to be held immediately after a shareholder...
 
Yahoo Japan suspects 22 million user IDs leaked: Kyodo
(Reuters) - Yahoo Japan Corp said on Friday night it suspected that up to 22 million of its user IDs may have been leaked and it detected an unauthorized attempt to access the administrative system of its web portal Yahoo Japan, the Kyodo news agency reported.

The leaked information does...
 
Penitent Romanian hacker aims to protect world's ATMs
By Radu Marinas

VASLUI, Romania (Reuters) - Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself.

Boanta, 33, is six months into a f...
 
Foxconn says needs more time to further cut workers' overtime
TAIPEI (Reuters) - Foxconn Technology Group said on Friday it needs more time to reduce overtime at its China factories after labor monitors appointed by top client Apple Inc said cutting workers' hours by a July 1 target would be a challenge.

Apple last year commissioned the Fair Labo...
 
A stretched Samsung chases rival Apple's suppliers
By Miyoung Kim

SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.

After costly...
 
Apple's Cook to propose tax changes at congressional hearing: report
(Reuters) - Apple Inc CEO Tim Cook will propose tax changes that would encourage firms to bring home more of their offshore funds when he faces congressional queries next Tuesday over his company's overseas cash holdings and tax bills, the Washington Post reported.

Cook's proposals...
 



EBay developers working on possible apps for Google Glass
By Alistair Barr

SAN FRANCISCO (Reuters) - Developers at eBay Inc are working on potential applications for Google Inc's Glass project, opening up the possibility that shopping and broader commercial activities might be conducted through the wearable technology.

...
 
Yahoo says Mexico appeals court throws out $2.75 billion ruling
MEXICO CITY (Reuters) - Yahoo Inc said on Thursday that a Mexican appellate court had thrown out a $2.75 billion ruling by a lower court against Yahoo and Yahoo Mexico in a contractual dispute with two Mexican firms.

The appellate decision overturned all monetary awards against Yahoo and u...
 
A stretched Samsung chases rival Apple's suppliers
By Miyoung Kim

SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.

After costly...
 
Facebook, Twitter apps come to Glass, Google's wearable computer
By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Social networking services Facebook Inc and Twitter are coming to Google Glass, the wearable computer made by the Internet search company.

Google Inc announced on Thursday a half-dozen apps specially designed to work on it...
 
America Movil binds Brazil units closer with Wi-Fi offering
RIO DE JANEIRO (Reuters) - Carlos Slim's America Movil subsidiaries in Brazil announced on Thursday a new combined broadband service, increasing their operational integration ahead of an expected corporate merger in the country.

Mobile carrier Claro, land-line provider Embratel and pay...
 
Intel to Push Competitiveness in Mobile Arena
By Noel Randewich

SAN FRANCISCO (Reuters) - Intel Corp's new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.

...
 
Copyright owners can't sue Google's YouTube as a group - judge
By Nate Raymond

NEW YORK (Reuters) - A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission.

U.S. District Judge Louis Stanton in Manhattan denied a motion to certif...
 
Senators struggle with tech industry concerns on U.S. immigration bill
WASHINGTON (Reuters) - Senate supporters of a broad U.S. immigration bill struggled on Wednesday to satisfy technology companies that want greater leeway to hire high-skilled foreign workers.

Democratic Senator Charles Schumer of New York took the lead in trying to broker a compromise on a...
 
Copyright owners can't sue Google's YouTube as a group: judge
NEW YORK (Reuters) - A U.S. judge on Thursday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission.

U.S. District Judge Louis Stanton in Manhattan denied a motion to certify a class of copyright owners in a long...
 
Highfields, other funds dove into Dell fray in first quarter
BOSTON (Reuters) - Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.

Dell is embroiled in a leveraged buyout deal propo...
 


 
 
 
 
 
 
 
 
 
 
 





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