Tech News - Page 3

US panel to review Microsoft-Motorola patent decision

A US trade panel said on Friday that it would thoroughly review its preliminary decision on whether Motorola violated Microsoft patents.

Ex-Google CEO Schmidt to sell 2.4 mn shares worth $ 1.5 bn

Former Google CEO Eric Schmidt plans to sell up to 2.4 million shares of stock currently worth nearly $1.5 billion.

Baidu profit up 77 percent on customer growth

Baidu Inc, which operates China's most popular search engine, said Friday its latest quarterly profit rose 77 percent over a year earlier as customer numbers and spending per customer rose.

Apple loses China smartphone market share in Q4

Grappling with a lawsuit from a Chinese company over the iPad name and issues at its suppliers' factories over wages and working conditions, China has not been an easy market for Apple, <br /><br /> <br /><br />

Amazon to open second fulfilment centre in Delaware

Amazon.Com Inc, which has been spending heavily on expansion, said it will spend more than $90 million to open a fulfilment centre at Middletown in Delaware.

Samsung looks to capture 60% of smartphone share in India

Samsung India is targetting to capture 60 percent of the mobile smartphone market in the country this year, a company official said.

US Air Force to buy up to 18,000 iPads

The US Air Force plans to buy up to 18,000 iPads or similar tablet devices to cut down on the amount of paper charts and manuals its pilots and flight crews carry.

LinkedIn Q4 revenue beats estimates

Professional networking service LinkedIn posted fourth-quarter revenue that beat estimates thanks to strong product and subscription growth.

Zynga, Hasbro partner to make toys, games

Hasbro Inc , the iconic American toy company, and social game company Zynga Inc said on Thursday they would join forces to develop toys and games based on Zynga's games like FarmVille.

Microsoft lays off 200 marketing employees

Microsoft Corp said it laid off some of its marketing staff on Wednesday as part of an effort to restructure its operations.

Seagate completes Samsung HDD buyout

Under the deal, Samsung will transfer the HDD business to Seagate and in return will get about a 9.6% stake or 5.2 mn shares of Seagate valued at $687.5 mn

Bleeding Deutsche Telekom mum on plan B for T-Mobile

There has been mounting speculation that Deutsche Telekom may be forced to sell assets, such as UK mobile company Everything Everywhere, to slash its burgeoning cost base.

Vodafone to discontinue services on inactive mobile numbers

Faced with shortage of numbers, Vodafone India said it will discontinue services on mobile numbers of prepaid customers that have not been in use for a continuous period of 60 days.

Nokia likely to sell luxury arm Vertu in competetive push

Vertu, which makes luxury handmade phones, has yet to be given a value, although annual revenue is estimated to be between 200 million euros and 300 million euros.<br /><br />

IT to grow 16-18 percent this fiscal:Nasscom

Nasscom had in February presented a conservative outlook of 16-18 percent growth in IT exports in 2011-12 in the wake of the slow economic recovery in the US and uncertainty in the European region.

RIM's India MD Frenny Bawa quits to pursue other interests

At a time when the company is facing hurdles due to security concerns, BlackBerry-maker Research In Motion's India Head Frenny Bawa has quit to pursue other interests.

AMD to lay off 10 percent of workforce by 2012

Advanced Micro Devices Inc unveiled a plan on Thursday to save about $200 million of operating costs in 2012 by slashing 10 percent of its global workforce and streamlining internal business processes.

Sony reports $346 million loss, stays in red for the fourth year

Sony reported a 27 billion yen ($346 million) loss for the latest quarter and downgraded its annual earnings forecast Wednesday.

Taiwan smartphone maker HTC reports profit jump

Taiwan smartphone maker HTC Corp. says its third quarter earnings grew 68 percent from the same period last year, with shipments reaching 13 million handsets.

Hard drive shortage to hurt Intel, Apple and Dell

A looming shortage of hard drives caused by floods in Thailand threatens to disrupt computer manufacturers as soon as December and hurt tech giants like Intel, Apple and Dell.

Bharti Enterprises forms mobile JV with Japanese telecom firm Softbank Corp

Bharti Enterprises, the parent of top mobile phone carrier Bharti Airtel, and Japanese telecom firm Softbank Corp said they have formed a mobile Internet joint venture to invest in social media, gaming and e-commerce.

BofA Merrill Lynch raises IBM price target on growth prospects

BofA Merrill, which expects IBM to ramp up its software and services products and boost revenue through acquisitions, raised its price target to $205 from $190.

Wal-Mart partners with Facebook to reach out to customers

Wal-Mart Stores Inc and Facebook Inc unveiled a partnership on Tuesday to help the world's largest retailer connect customers with its local stores.

Samsung to launch its first Microsoft smartphone from October-end

Samsung, the top seller of Google's Android phones, has adopted a multiplatform strategy.

Samsung, Apple legal battle threatens to crimp tablets, chips

Samsung's tablet business will be most affected and its chip business will also take a hit as Apple moves to diversify away from Samsung to the likes of Toshiba.

HCL bullish on Europe deals despite economic woes

uropean revenues in the year ended June 30 rose 29 percent to $952 million for HCL, India's fourth largest software services provider.

Rate of H1B visa rejection increasing: India tells US

Underscoring the importance of free movement of professionals, Sharma also asked for early signing of the India-US Totalisation Agreement, under which an expatriate in either country need not contribute to social security schemes of the host country.

Logitech issues second profit warning in eight weeks

Citing the current weak economic environment in mature markets and the company's product offering, Logitech cut its sales forecast to $2.4 billion from $2.5 billion, having cut it from $2.6 billion in July when announcing CEO Gerald Quindlen had resigned after weak first-quarter trading.

Oracle net surges 36 percent to $1.8 bn on core software biz

Oracle's new software licence revenues were up 17 percent to $1.5 billion, while hardware systems products revenues were down 5 percent to $1 billion.

Facebook Apps create up to 2.3 lakh jobs; $15 bn in salaries

Facebook applications have created up to 235,644 new jobs and contributed an estimated up to $ 15.71 billion in wages and other benefits to the US economy.