Reuters: Technology News

New Xbox more than a game console for Microsoft

Sat, 18 May 2013 15:17:12 GMT

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 gaming industry.

Google's wearable Glass gadget: cool or creepy?

Sat, 18 May 2013 15:16:35 GMT

SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, which some attendees faithfully wore everywhere - including to the crowded bathrooms.

Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

Sat, 18 May 2013 07:25:43 GMT

NEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD

Sat, 18 May 2013 01:09:16 GMT

SAN FRANCISCO (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on Friday.

DirecTV interested in buying video website Hulu: source

Fri, 17 May 2013 21:08:41 GMT

(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.

Syria government supporters hack Financial Times

Fri, 17 May 2013 20:59:32 GMT

(Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify.

Plaintiffs in Mexico Yahoo case say will appeal court ruling

Fri, 17 May 2013 20:50:33 GMT

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.

All eyes on Vodafone's Colao for signs on Verizon

Fri, 17 May 2013 20:25:12 GMT

LONDON (Reuters) - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.

FCC nominee Wheeler will divest holdings if confirmed

Fri, 17 May 2013 20:11:31 GMT

WASHINGTON (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

Sanyo may cease to exist under Panasonic reorganization: Nikkei

Fri, 17 May 2013 19:21:50 GMT

(Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.

Sony to name Chugai Pharma's CEO as chairman: Nikkei

Fri, 17 May 2013 19:00:25 GMT

(Reuters) - Sony Corp plans to appoint Chugai Pharmaceutical Co Chief Executive Osamu Nagayama as chairman, the Nikkei reported.

Yahoo Japan suspects 22 million user IDs leaked: Kyodo

Fri, 17 May 2013 18:23:56 GMT

(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.

Tableau Software shares soar in NYSE debut

Fri, 17 May 2013 17:00:10 GMT

(Reuters) - Shares of Tableau Software Inc rose as much as 58 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.

U.S. authorities seize accounts of major Bitcoin operator

Fri, 17 May 2013 16:34:38 GMT

ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U.S. dollars at a time when use of the currency and its value has mushroomed.

Pro-Assad hackers attack Financial Times

Fri, 17 May 2013 13:47:05 GMT

LONDON (Reuters) - The website and Twitter feed of British newspaper the Financial Times were hacked on Friday, apparently by the "Syrian Electronic Army", a group of online activists who say they support Syrian President Bashar al-Assad.

After Google, Amazon to be grilled on UK tax presence

Fri, 17 May 2013 13:18:21 GMT

LONDON (Reuters) - Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters.

Rivals get longer to comment on Google EU antitrust offer: source

Fri, 17 May 2013 12:56:10 GMT

BRUSSELS (Reuters) - EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant.

Penitent Romanian hacker aims to protect world's ATMs

Fri, 17 May 2013 12:53:54 GMT

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.

Google's Schmidt to meet Britain's Cameron as tax row rages

Fri, 17 May 2013 11:58:14 GMT

LONDON (Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs.

Foxconn says needs more time to further cut workers' overtime

Fri, 17 May 2013 06:24:36 GMT

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's Cook to propose tax changes at congressional hearing: report

Fri, 17 May 2013 01:28:22 GMT

(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.

A stretched Samsung chases rival Apple's suppliers

Fri, 17 May 2013 00:36:58 GMT

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.

Dell's profit dives as billionaire battle rages on

Fri, 17 May 2013 00:35:56 GMT

SAN FRANCISCO (Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.

Ex-Groupon CEO Mason moving to San Francisco to start new company

Fri, 17 May 2013 00:13:52 GMT

SAN FRANCISCO (Reuters) - Former Groupon Inc. Chief Executive Andrew Mason is moving to San Francisco to start a company after recently recording an album of "motivational business music," according to an update on his blog on Thursday.

EBay developers working on possible apps for Google Glass

Thu, 16 May 2013 23:25:16 GMT

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.