Reuters: Technology News

Icahn seeks Dell share buyback, buys Southeastern stock

Tue, 18 Jun 2013 20:33:22 GMT

(Reuters) - Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and allowing the activist to become a larger stakeholder.

Google asks U.S. surveillance court permission to publish request data

Tue, 18 Jun 2013 20:27:59 GMT

SEATTLE (Reuters) - Google Inc said on Tuesday it has asked the Foreign Intelligence Surveillance Court to allow the Internet company to publish aggregate numbers of national security requests, including disclosures under the Foreign Intelligence Surveillance Act (FISA), separately from criminal requests.

Adobe Systems profit beats as Creative Cloud subscriptions grow

Tue, 18 Jun 2013 20:21:07 GMT

(Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for the subscription-based version of its flagship software package.

Huawei says has no plans to buy Nokia

Tue, 18 Jun 2013 20:10:19 GMT

NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.

Toshiba to cut TV business costs by $104 million this fiscal year: Nikkei

Tue, 18 Jun 2013 18:58:52 GMT

(Reuters) - Japan's Toshiba Corp plans to cut about 10 billion yen ($104 million) in costs this fiscal year by reorganizing its network of television factories in Indonesia, China and Poland, the Nikkei said, citing company sources.

GE moves into 'Industrial Internet' service with Amazon

Tue, 18 Jun 2013 17:24:38 GMT

(Reuters) - General Electric Co joined forces with Amazon Web Services on Tuesday to make a wide range of data on products, including jet engines and gas turbines, available online so they can be analyzed.

Third Point ups Sony stake, calls for independent entertainment board

Tue, 18 Jun 2013 16:54:31 GMT

TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.

Months after Sandy, solar chargers for mobile phones debut in NYC

Tue, 18 Jun 2013 16:45:48 GMT

NEW YORK (Reuters) - New York City unveiled the first of 25 free solar charging stations for mobile phones on Tuesday, installed in response to Superstorm Sandy, which wiped out power and forced residents to walk miles to charge their phones.

Siemens solicits private equity offers for NSN stake: sources

Tue, 18 Jun 2013 15:18:05 GMT

FRANKFURT (Reuters) - German industrial conglomerate Siemens is seeking offers from private equity firms to buy its stake in its telecoms equipment joint venture Nokia Siemens Networks (NSN), three sources familiar with the discussions said on Tuesday.

Hewlett-Packard moves printer, PC exec Bradley into new job

Tue, 18 Jun 2013 15:17:48 GMT

NEW YORK (Reuters) - Hewlett-Packard Co said on Tuesday that Todd Bradley, the head of its largest unit, printing and personal computers, will take on a new job, improving HP's China business and extending channel partner relationships around the world.

Huawei launches world's slimmest smartphone

Tue, 18 Jun 2013 14:39:46 GMT

LONDON (Reuters) - China's Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology.

Obama pick for top U.S. telecom regulator to face Senate panel

Tue, 18 Jun 2013 09:08:33 GMT

WASHINGTON (Reuters) - President Barack Obama's choice for chairman of the Federal Communications Commission is expected to face questions about his past work within the telecommunications industry at a Senate confirmation hearing on Tuesday.

Yahoo says it had as many as 13,000 data requests

Tue, 18 Jun 2013 08:19:31 GMT

(Reuters) - Yahoo Inc said U.S. law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies since intelligence leaks showed the extent of government data gathering efforts.

North Korea says surveillance leaks prove U.S. is "kingpin" of rights abuse

Tue, 18 Jun 2013 06:28:17 GMT

SEOUL (Reuters) - North Korea rushed to the defense of American civil liberties on Tuesday, saying revelations of mass surveillance operations showed the United States was the "kingpin" of rights abuse.

Batteries hold key to wearable device revolution

Tue, 18 Jun 2013 03:39:37 GMT

SAN FRANCISCO (Reuters) - Longer-lasting batteries are crucial for a new crop of wearable computers whose rise may upend Apple and Google's dominance of mobile devices, two of the field's pioneers say.

Sprint sues Dish, Clearwire as key deadline looms

Tue, 18 Jun 2013 01:26:07 GMT

(Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp.

Sprint files lawsuit against Dish and Clearwire

Mon, 17 Jun 2013 23:48:29 GMT

(Reuters) - Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.

Netflix boosts original programing with DreamWorks deal

Mon, 17 Jun 2013 19:59:53 GMT

(Reuters) - Video streaming service Netflix Inc is beefing up its original programing menu through a multi-year deal with DreamWorks Animation SKG Inc, the maker of movies such as Shrek, Madagascar and Kung Fu Panda.

U.S. security expert says surveillance cameras can be hacked

Mon, 17 Jun 2013 19:27:51 GMT

BOSTON (Reuters) - A U.S. security expert says he has identified ways to remotely attack high-end surveillance cameras used by industrial plants, prisons, banks and the military, something that potentially would allow hackers to spy on facilities or gain access to sensitive computer networks.

Verizon eyeing wireless business in Canada: report

Mon, 17 Jun 2013 17:56:03 GMT

(Reuters) - Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday.

Google settlement clears way for new Class C stock

Mon, 17 Jun 2013 17:44:33 GMT

(Reuters) - Google Inc has settled a shareholder class action lawsuit that clears the way for the company to issue a new class of nonvoting stock, giving the company a currency for acquisitions that would not dilute the founders' control.

New apps aim to make buying a used car more transparent

Mon, 17 Jun 2013 16:13:48 GMT

(Reuters) - Americans looking to buy a used car can turn to two new smartphone apps that provide wholesale prices, which the app makers say can help them negotiate a better deal.

Netflix boosts original programming with DreamWorks deal

Mon, 17 Jun 2013 15:09:15 GMT

(Reuters) - Video streaming service Netflix Inc, facing increasing competition from Amazon Inc, is beefing up its original programming menu through a deal with DreamWorks Animation SKG Inc, the maker of Shrek, Madagascar and Kung Fu Panda.

Analysis: European cloud computing firms see silver lining in PRISM scandal

Mon, 17 Jun 2013 13:18:50 GMT

PARIS/LONDON (Reuters) - France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies.

Samsung to launch faster Galaxy S4 smartphone

Mon, 17 Jun 2013 10:27:53 GMT

SUWON, South Korea (Reuters) - Samsung Electronics Co plans to sell a variation of its flagship Galaxy S4 smartphone that will transmit data at nearly twice the normal speed, the head of its mobile business said on Monday.