Category archives for: Technology

Microsoft talked with Nokia about buying devices unit: report

A worker poses with the new Nokia Lumia 925 at its launch in London

SEATTLE (Reuters) – Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. The Journal reported that "advanced discussions" on a deal happened as recently as this month, according to [...]

Nvidia’s stock jumps on license plan; Wall Street eyes Apple

Nvidia CEO Huang speaks during the Reuters Global Technology Summit in San Francisco

By Noel Randewich (Reuters) – Shares of chipmaker Nvidia surged nearly 6 percent on Wednesday after the company said it plans to license its graphics technology, opening the door to new business with Apple, Samsung Electronics and other mobile device makers. Chief Executive Officer Jen-Hsun Huang told the Reuters Global Technology Summit in San Francisco [...]

Icahn reiterates commitment for Dell buy

Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock Exchange

By Michelle Sierra NEW YORK (Reuters) – Carl Icahn reiterated his interest in owning Dell Inc and said the $ 5.2 billion in financing he's putting together to back his bid for the company continues to move forward as planned. The comments came in a telephone interview Tuesday, echoing statements he made earlier in the [...]

Cyber threats and leaks spur increased security focus

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin

By Andrea Shalal-Esa PARIS (Reuters) – Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cyber security for aerospace and defense companies showing off their wares at this year's Paris Airshow. "We, like others, are constantly being bombarded by people who [...]

BlackBerry shares fall as analyst downgrades stock ahead of earnings

A new Blackberry Z10 smartphone is displayed at a store in New York

TORONTO (Reuters) – BlackBerry shares fell nearly 4 percent on Tuesday after a Bernstein Research analyst cut his rating on the stock to "underperform" ahead of the company's quarterly earnings release next week. While Bernstein's Pierre Ferragu said he expected disappointing results from the smartphone maker, other analysts have bullish expectations, pointing to an even [...]

Sony spin-off plan off the agenda but on the radar at shareholder meeting

Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives Conference in Las Vegas

By Mari Saito TOKYO (Reuters) – Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially spin off the lucrative entertainment business, sources familiar with the matter said. But his suggestion, which strikes at the heart of whether Sony remains both [...]

Imagination Technologies’ profit dips on licensing slowdown

By Paul Sandle LONDON (Reuters) – Imagination Technologies, the British chip designer whose graphics technology is in smartphones from Apple and Samsung, reported lower full-year profits as licensing slows. The British company, which licenses its designs to chipmakers and receives a royalty on every unit shipped, has lost business it had expected from customers such [...]

Panel to meet today in secret about the NSA

An oversight panel six years in the making will hear testimony on Wednesday in another secret proceeding involving the National Security Agency, government surveillance and the secret court known as FISC. Tech News Headlines – Yahoo! News

Microsoft says it freed millions of computers from criminal botnet

To match feature KOREA-CYBERCRIME/

By Jim Finkle BOSTON (Reuters) – Microsoft Corp said that an assault it led earlier this month on one of the world's biggest cyber crime rings has freed at least 2 million PCs infected with a virus believed to have been used to steal more than $ 500 million from bank accounts worldwide. "We definitely [...]

New CEO begins Alcatel makeover

Alcatel-Lucent new Chief Executive Officer Combes poses for the media before a news conference in Paris

By Leila Abboud PARIS (Reuters) – Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses. The new plan unveiled on Wednesday by Michel Combes, the company's new chief executive, will also [...]

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