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Showing posts with the label Financial and Forex Info | Reuters Technology Report

Reuters - Technology Report: FCC to let AT&T pull merger application: report

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The Federal Communications Commission will approve AT&T Inc.'s request to pull its application for approval of its $39 billion deal to acquire T-Mobile USA, the Wall Street Journal reported late Tuesday afternoon. U.S. computer software company SAS Institute cannot claim copyright protection for the functions performed by its programs, which have been replicated by a rival, an adviser to Europe's highest court said. The FRAC Centre in Orléans, France will for the first time host an exhibition to be built entirely by flying robots , reports Gizmag.com. Titled "Flight Assembled Architecture," the six meter-high tower will be made up of 1,500 prefabricated polystyrene foam modules. Research In Motion is introducing a software tool giving corporate customers the option of linking employees' personal iPhones to the BlackBerry network without compromising security. Does telecommuting make you invisible? IT World's Eric Bloom tackles the qu

Reuters - TYechnology Report: Facebook to revamp privacy controls

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Loyal Sprint customers keen to finally hop on the iPhone bandwagon could be in luck come this fall. The third-largest U.S. wireless carrier will begin offering the iPhone 5 to customers in mid-October, the Wall Street Journal reported on Tuesday, citing unnamed sources. It will be the first version of the popular Apple smartphone to be sold by the company. AT&T and Verizon, already iPhone vedors, will also start selling the new model around the same time, according to the story. In other iPhone news, Reuters correspondents Kelvin Soh and Clare Jim report that Apple is planning a cheaper version of its current iPhone 4 model to offer to the masses in developing markets such as China as it seeks to gain lower-end customers from rivals such as Nokia. Apple's Asian suppliers have already begun production of a new lower-cost version of the handset that will come with a smaller, 8-GB flash drive, as opposed to the the 16-GB and 32-GB versions tha

Reuters Technology Report: Technology Report: Samsung Galaxy tablet ban lifted in most of Europe

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Samsung can sell its latest iPad rival in most of Europe again after a German court lifted most of an injunction it had imposed at Apple's request. Samsung's Galaxy Tab line of tablet computers has taken the market by storm and is considered the most credible alternative to the iPad, selling about 30 million since its launch a year and a half ago. In other legal news, the shoe is on the other foot for Apple as smartphone maker HTC has sued the tech giant, seeking to halt U.S. imports and sales of Macintosh computers, iPads, iPods, iPhones and other devices because of alleged patent infringements. HTC is alleging infringements of three patents obtained in 2008 and 2010, and which relate to Wi-Fi capability and other functions. It seeks compensatory damages as well as triple damages for willful infringement. A day after Google's $12.5 billion deal to acquire Motorola Mobility, Emanuel Derman wants to know if Google will tackle their la

Reuters - Technology Report: Technology Report: EA's quarterly revenue falls, beats estimates.

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Amazon wowed investors when it reported a 51 percent surge in sales for the second quarter and said revenue for the current quarter would beat expectations. Shares of the e-commerce giant shot up more than 6 percent on the figures in after-hours trade, even though second-quarter net profits fell as the company’s margins continued to be pressured by heavy spending on distribution, technology and digital content. Netflix shares took another beating on Tuesday after it warned a day earlier it was expecting subscriber growth to stall in the third quarter in response to price hikes announced this month. That didn’t stop several analysts from raising their price targets on the video rental company’s stock, though, as they took the company at its word that the effects of the subscriber slowdown would be temporary. According to one analyst interviewed by Reuters, the gain in average revenue per user in the fourth quarter will “more than offset” the expected cancellations fr

Reuters - Technology Report: Analysis: Aging PC giants see writing on the wall

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  Customers at an apparent Apple Store in the Chinese city of Kunming berated staff and demanded refunds after the shop was revealed to be an elaborate fake , sparking a media and Internet frenzy. Staff were also angry at the unwanted attention after more than 1,000 media outlets picked up the story and pictures of the store from the BirdAbroad blog. Apple declined to comment on the fake store or others like it dotted around China. Apple was in early talks to join the bidding for Hulu , the online video site that Walt Disney Co, News Corp and its other owners have put up for sale, Bloomberg cited two unidentified sources as saying. Verizon Wireless signed up 1.3 million fewer iPhone customers than AT&T and Verizon Wireless customers spent less per month than expected in the second quarter, disappointing Wall Street. While Verizon Wireless added three times more net subscribers in the quarter than AT&T, it only activated 2.3 million Apple iPhones compared wit

Reuters - Technology Report: Google chairman to testify at Senate hearing

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Can slower Internet speeds convince consumers to stop pirating copyrighted material online? That's the assumption behind a new anti-piracy effort launched this week by a coalition of Internet service providers and groups representing movie studios and record labels. Under the new initiative, AT&T, Cablevision, Comcast, Time Warner Cable and Verizon have agreed to send customers email or pop-up alerts if it is suspected that their account is being used to download or share copyrighted material illegally. Should suspected illegal activity persist, providers might temporarily slow Internet speeds or redirect their browser to a specific Web page until the customer contacts the company. Time's Techland blog calls the effort "fairly reasonable" but points out that "it's only a matter of time before someone is falsely accused of copyright infringement and throttled accordingly." Users accused can seek an independent review of whether they