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Intel CEO shakes up units creates new devices group

Wed, 22 May 2013 08:45:13 GMT

Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in mobile technology.

Sony to assess spinoff plan cuts targets for cameras smartphones

Wed, 22 May 2013 07:48:43 GMT

Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business.

BlackBerry shifting emphasis from smartphones to services

Wed, 22 May 2013 05:50:54 GMT

BlackBerry no longer owns the fast-paced, innovative smartphone world but the company, whose email-on-your-hip devices once revolutionized the industry, now aims to run it.

Samsung offering 800000 reward for killer apps

Wed, 22 May 2013 05:27:49 GMT

Samsung is courting developers in the hopes of bringing more Galaxy-feature-specific apps to its existing and future handsets.

Amazon wins key cloud security clearance from US government

Tue, 21 May 2013 11:04:28 GMT

Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services.

Yahoos acquisitions from Geocities to Tumblr

Tue, 21 May 2013 06:57:03 GMT

Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users.

Microsoft to build Australian cloud computing centres

Tue, 21 May 2013 06:24:41 GMT

Microsoft Corp is expanding its services for hosting and processing online data in Australia with the establishment of two new "cloud" computing data centers in the country.

Yahoo buying Tumblr for 11 billion vows not to screw it up

Tue, 21 May 2013 05:46:45 GMT

Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.

Yahoos rise in Asia offsets risk from Tumblr bet

Tue, 21 May 2013 05:30:10 GMT

Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously.

Apple uses firms outside US to avoid taxes panel

Tue, 21 May 2013 05:20:17 GMT

Using an unusual global tax structure, Apple Inc has held billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company's offshore tax structure concluded on Monday.

Google set to challenge Microsoft Office

Tue, 21 May 2013 05:03:42 GMT

Sources claim the search giant Google is set to roll out a true alternative to the Microsoft Office productivity suite. The app, which will also provide Excel and PowerPoint file functionality, is expected to first roll out to Chromebook Pixel owners as a browser extension before entering the wider Google ecosystem.

Yahoo to acquire Tumblr for 11 bn

Mon, 20 May 2013 13:04:28 GMT

Yahoo! announced Monday it would acquire blogging platform Tumblr for $1.1 billion, saying the two companies "share a vision to make the Internet the ultimate creative canvas."

Chinas ZTE looking at Indian telecom market for growth

Mon, 20 May 2013 11:26:20 GMT

China’s second largest telecom gear maker, ZTE, is looking at the Indian market for growth this year as it look to recover last year’s USD 400 million losses.

Yahoo looks to Tumblr as elixir for revival

Mon, 20 May 2013 05:36:43 GMT

Yahoo! geared up for a major announcement Monday said to be a $1.1 billion deal to take over popular blogging platform Tumblr, a move that could bring a younger, hipper audience to the struggling Internet pioneer.

Intel will be more responsive in mobile push Brian Krzanich

Fri, 17 May 2013 11:20:08 GMT

Intel's new CEO Brian Krzanich on Thursday said that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.

Garmin aims 35 market share in automotive navigation biz

Fri, 17 May 2013 10:32:55 GMT

Aiming to achieve 35 per cent market share in the automotive navigation segment in India in the current financial year, US-based GPS device maker Garmin launched four customised products.

A stretched Samsung chases rival Apples suppliers

Fri, 17 May 2013 05:26:00 GMT

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.

Panasonic aims to capture 8 pc smartphone mkt share in India

Thu, 16 May 2013 13:28:08 GMT

Electronics product company Panasonic today said it is aiming to capture 8 per cent market share in the country's smartphone segment within a year.

Hedge funds shop at Supervalu sour on Apple

Thu, 16 May 2013 08:19:38 GMT

Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares.

JANA Partners reveals stakes in Zynga Groupon

Thu, 16 May 2013 07:09:59 GMT

JANA Partners, a leading activist hedge fund firm run by Barry Rosenstein, has taken a liking to two of the most beaten-up technology stocks.

Amazon cloud partner Apptio raises 45 million

Thu, 16 May 2013 07:05:58 GMT

Apptio, a start-up that helps big companies like Boeing Co track billions of dollars in technology spending, said on Wednesday that it raised $45 million from institutional investment firms including Janus Capital Group.

Copyright owners cant sue Googles YouTube as a group judge

Thu, 16 May 2013 07:01:14 GMT

A US judge on Wednesday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission.

Highlights Music Maps Photo other Google tools

Thu, 16 May 2013 05:52:04 GMT

Google used its annual conference for software developers to unveil several new products, services and features. They include enhancements for online games, maps, search, music and photos and are meant to help the company cement its role in people's technological lives.

Google inks music service deals with Sony Universal report

Wed, 15 May 2013 09:00:55 GMT

Google Inc has signed licensing deals with Universal Music Group and Sony Music Entertainment to launch a subscription music service that would compete with fast-growing start-up Spotify, according to a report on Tuesday in technology blog The Verge.

Google poised to show off latest devices services

Wed, 15 May 2013 06:13:58 GMT

Google is expected to use its annual software developers' conference to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving product line-up.