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| Court in UK tells Apple to change statement on Samsung case Thursday, Nov 01, 2012 11:41 AM PDT  LONDON (Reuters) - Apple must re-write a statement posted on its website acknowledging that Samsung did not infringe on its registered designs for tablet computers, and place it more prominently on its homepage, a court in the UK ruled on Thursday. The statement was deemed to be "non-compliant" with the order in a previous High Court judgment that concluded Samsung's Galaxy tablet did not infringe Apple's designs, in part because its products were "not as cool". ... Full Story | Top |
| Toad Hall gets Wifi in the Willows with new app Thursday, Nov 01, 2012 11:08 AM PDT LONDON (Reuters) - Crash Mr. Toad's motor car into a hedge, make those dastardly weasels dance and drive Mole from his hole with a new interactive iPad app based on classic children's novel "The Wind in the Willows". The app breathes digital life into Kenneth Grahame's tale about the adventures of Ratty, Mole, Toad, the curmudgeonly Badger and their ruthless weasel foes from the Wild Wood. The Wind in the Willows app available on www.bibliodome. ... Full Story | Top |
| First iPad mini teardown reveals Samsung display Thursday, Nov 01, 2012 09:59 AM PDT SAN FRANCISCO (Reuters) - Apple Inc's iPad mini uses a display from South Korea's Samsung Electronics Co Ltd, one of Apple's major suppliers and also its fiercest rival in the global mobile-device market that the two companies dominate. Analysts say the Silicon Valley-based iPhone maker is trying to wean itself off its reliance on Samsung, as both giants are embroiled in a bitter international legal battle over mobile patents, for everything from microchips to displays. ... Full Story | Top |
| Insight: Crunching the numbers to boost odds against cancer Thursday, Nov 01, 2012 08:15 AM PDT  FRANKFURT (Reuters) - Software engineers are moving to the fore in the war on cancer, designing programmes that sift genetic sequencing data at lightning speed and minimal cost to identify patterns in tumors that could lead to the next medical breakthrough. Their analysis aims to pinpoint the mutations in our genetic code that drive cancers as diverse as breast, ovarian and bowel. The more precise their work is, the better the chance of developing an effective new drug. ... Full Story | Top |
| Sharp fears for future as Japan TV makers bleed Thursday, Nov 01, 2012 02:31 AM PDT  TOKYO (Reuters) - Struggling Japanese TV maker Sharp Corp warned it might not be able to survive on its own, as it almost doubled its full-year net loss forecast to $5.6 billion, and said it was considering alliances with other companies. In a statement, the company said it booked massive second-quarter losses and is seeing "serious negative operating cash flow." "This raises serious doubts about (our ability) to continue as a going concern," it said, adding it was taking steps, from pay cuts and asset sales to voluntary redundancies, to generate cash flow. ... Full Story | Top |
| Sharp books $1.1 billion restructuring charge for Q2 Thursday, Nov 01, 2012 02:04 AM PDT TOKYO (Reuters) - Japan's Sharp Corp said on Thursday it was booking restructuring costs of 84.4 billion yen ($1.1 billion) for the July-September second quarter, as well as writing down 61 billion yen of deferred tax assets in the same period. The struggling TV maker slashed its net loss forecast for the full year to next March 31 to 450 billion yen from a previous forecast of 250 billion yen. ($1 = 79.9300 Japanese yen) (Reporting by Mari Saito; Editing by Michael Watson) Full Story | Top |
| Sharp keeps 2012/13 sales forecast for TVs, cuts LCD panels Thursday, Nov 01, 2012 02:04 AM PDT TOKYO (Reuters) - Sharp Corp maintained its LCD TV sales forecast at 8 million televisions on Thursday even as the Japanese TV maker deals with a shrinking home market and increased industry competition. But the consumer electronics maker cut its estimate for liquid crystal display panel sales in the year to next March to 880 billion yen ($11.01 billion) from an earlier projection for 900 billion yen. ($1 = 79.9300 Japanese yen) (Reporting by Tim Kelly; Writing by James Topham; Editing by Michael Watson) Full Story | Top |
| Sharp forecasts bigger full-year operating loss Thursday, Nov 01, 2012 02:04 AM PDT  TOKYO (Reuters) - Japan's Sharp Corp, the struggling maker of Aquos TVs, increased its full-year operating loss forecast to 155 billion yen ($1.94 billion) from a previous 100 billion yen loss forecast. At a net level, it almost doubled its full-year loss forecast to 450 billion yen. Sharp said, however, it expects to post an operating profit in the current October-March second half, after losing 168.9 billion yen ($2.11 billion) in the first half year - a target that will allow its banks to justify a $4.6 billion bailout of the TV maker. ... Full Story | Top |
| Sony posts small second-quarter profit, keeps full-year forecast Thursday, Nov 01, 2012 12:25 AM PDT  TOKYO (Reuters) - Japan's Sony Corp booked a small operating profit in the second quarter, after a loss a year ago, helped by the sale of a chemicals business that offset weak demand for its TVs and other devices, and it kept its full-year profit guidance. July-September operating profit of 30.3 billion yen ($379 million) compared with a 1.64 billion yen loss a year ago, and was close to the average 33.8 billion yen profit estimated by five analysts surveyed by Thomson Reuters I/B/E/S. ... Full Story | Top |
| Sony says $375 million impact on China sales from protests, economy Thursday, Nov 01, 2012 12:25 AM PDT TOKYO (Reuters) - Japan's Sony Corp said Thursday that anti-Japan sentiment in China and weakness in the world's second-largest economy is likely to dent the company's sales by 30 billion yen ($375.3 million) in the year ending next March 31. The company cut its overall full-year sales forecast by 200 billion yen on Thursday. ($1 = 79.9300 Japanese yen) (Reporting by Tim Kelly; Writing by Mari Saito; Editing by Michael Watson) Full Story | Top |
| Elpida says Tokyo court approves acquisition by Micron Thursday, Nov 01, 2012 12:05 AM PDT SAN FRANCISCO/TOKYO (Reuters) - Micron Technology's plan to acquire Japanese memory chipmaker Elpida took a big step toward completion after a Tokyo court approved the agreement and dismissed a rival proposal promoted by a group of bondholders. A district court in Tokyo said on Wednesday it was referring bankrupt Elpida's plan to be bought by U.S. chipmaker Micron to creditors for approval, according to a news release on Elpida's website. ... Full Story | Top |
| Sony cuts PSP, Vita 2012/13 sales forecast to 10 million from 12 million Wednesday, Oct 31, 2012 11:07 PM PDT  TOKYO (Reuters) - Sony Corp cut its forecast for full-year sales of handheld PSP and Vita game consoles to 10 million compared with a prediction it made in August for 12 million. It stuck to its forecast for its PlayStation home consoles of 16 million. The company also said it expects to sell 14.5 million TV sets in the year to next March 31. Three months ago it had a target of 15.5 million. It forecast full-year sales of compact digital cameras of 16 million compared with 18 million predicted in August. (Reporting by Tim Kelly; Editing by Michael Watson) Full Story | Top |
| Apple's Cook fields his A-team before a wary Wall Street Wednesday, Oct 31, 2012 08:18 PM PDT  SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook's new go-to management team of mostly familiar faces failed to drum up much excitement on Wall Street, driving its shares to a three-month low on Wednesday. The world's most valuable technology company, which had faced questions about a visionary-leadership vacuum following the death of Steve Jobs, on Monday stunned investors by announcing the ouster of chief mobile software architect Scott Forstall and retail chief John Browett -- the latter after six months on the job. ... Full Story | Top |
| Elpida says court approves acquisition by Micron Wednesday, Oct 31, 2012 04:20 PM PDT SAN FRANCISCO (Reuters) - Micron Technology's plan to acquire Japanese memory chipmaker Elpida took a big step toward completion after a Tokyo court approved the agreement and dismissed a rival plan promoted by a group of bondholders. A district court in Tokyo said on Wednesday it was referring bankrupt Elpida's plan to be bought by U.S. chipmaker Micron to creditors for approval, according to a news release on Elpida's website. ... Full Story | Top |
| MGM expects online gaming license, state compacts Wednesday, Oct 31, 2012 04:04 PM PDT LOS ANGELES (Reuters) - MGM Resorts International Ltd's CEO expects his company to obtain an online gaming license from Nevada regulators this week, and said states are talking with each other to forge alliances to create a viable interactive gambling market. Obtaining the Nevada license would move MGM one step closer to entering the online field, which is expected to reach $10 billion a year nationwide by 2017. The sector is seen attracting younger players and offering a new avenue for growth to traditional casino operators whose growth has been stagnating. ... Full Story | Top |
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