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Apple iPad mini draws New Yorkers; crowds thin elsewhere Friday, Nov 02, 2012 12:22 PM PDT NEW YORK/SAN FRANCISCO (Reuters) - Apple Inc's iPad mini hit stores around the world on Friday, attracting sparser crowds than previous Apple launches, but the kickoff still drew hundreds of New Yorkers only days after one of the biggest storms to hit the United States. A proliferation of rival gadgets aimed at the holidays and cheaper tablets from Google Inc and Amazon.com Inc may have sapped interest in Apple's latest bet, resulting in shorter lines outside stores from Tokyo and Amsterdam to Sydney and Hong Kong. The 7. ... Full Story | Top |
Over 20 million tweets sent as Sandy struck Friday, Nov 02, 2012 11:32 AM PDT SAN FRANCISCO (Reuters) - Twitter users flocked to the micro-messaging network this week as Hurricane Sandy swept through the eastern U.S. seaboard, sending more than 20 million tweets about the storm between Saturday and Thursday, the company said. This far exceeds the 13.7 million tweets sent during the Super Bowl in February, typically the largest media event of the year. Founded in 2006, Twitter has sought to position itself as a "second screen" media product that users can pull up on their smartphones while watching events like the Super Bowl or the Olympics on television. ... Full Story | Top |
Microsoft vs Google trial raises concerns over secrecy Friday, Nov 02, 2012 11:18 AM PDT SAN FRANCISCO (Reuters) - Two weeks before a high-stakes trial pitting Google's Motorola Mobility unit against Microsoft, Google made what has become a common request for a technology company fighting for billions of dollars: A public court proceeding, conducted largely in secret. Google and Microsoft, like rivals embroiled in smartphone patent wars, are eager to keep sensitive business information under wraps - in this case, the royalty deals they cut with other companies on patented technology. Microsoft asked for similar protections in a court filing late on Thursday. ... Full Story | Top |
Sharp's stock falls, credit downgraded as worries mount Friday, Nov 02, 2012 04:29 AM PDT TOKYO/HONG KONG (Reuters) - Shares of Japan's Sharp Corp fell and Fitch Ratings downgraded its debt to junk status on Friday, a day after it warned of a $5.6 billion net loss for the year and said it might not be able to survive on its own. Sharp's stock fell 2.4 percent to 165 yen and has lost three-quarters of its value since the start of the year, the worst performer among 2,200 Asian large and midcap stocks, Thomson Reuters data shows. ... Full Story | Top |
LinkedIn beats expectations, raises full-year revenue view Thursday, Nov 01, 2012 05:22 PM PDT (Reuters) - Professional social network LinkedIn Corp topped Wall Street's third-quarter profit and revenue targets, as advertising rates increased and sales from its hiring services nearly doubled. Shares of LinkedIn gained nearly 8 percent to $115.15 in after-hours trading on Thursday, as the company extended its streak of beating analyst expectations every quarter since its May 2011 initial public offering. "They seem to be firing on all cylinders," said Macquarie Research analyst Tom White. ... Full Story | Top |
LinkedIn beats expectations, raises full-year rev view Thursday, Nov 01, 2012 04:58 PM PDT (Reuters) - Professional social network LinkedIn Corp topped Wall Street's third-quarter profit and revenue targets, as advertising rates increased and sales from its hiring services nearly doubled. Shares of LinkedIn gained nearly 8 percent to $115.15 in after-hours trading on Thursday, as the company extended its streak of beating analyst expectations every quarter since its May 2011 initial public offering. "They seem to be firing on all cylinders," said Macquarie Research analyst Tom White. ... Full Story | Top |
Verizon may take 2 weeks to restore service to customers Thursday, Nov 01, 2012 04:10 PM PDT NEW YORK (Reuters) - Verizon Communications may take another two weeks to restore telecommunication services for its customers after flooding and power outages knocked out services during Hurricane Sandy, according to a top executive for the company. The provider of telephone, Internet and television services is still working on pumping water out of central offices with key telecom equipment in order to restore its services, Tom Maguire, senior vice president for national operations support, told Reuters. ... Full Story | Top |
FTC staff recommends Google be sued over patents: source Thursday, Nov 01, 2012 04:04 PM PDT WASHINGTON (Reuters) - A Federal Trade Commission staff report has recommended that the government sue Google for violating U.S. antitrust law because it asked courts to stop the sale of some products that infringe its essential patents, a source told Reuters Thursday. The five-member commission is inclined to vote in favor of suing Google Inc, the Internet search engine company, according to the source, who declined to be identified to protect business relationships. Bloomberg News was the first to report the staff recommendation on Thursday. ... Full Story | Top |
Linkedin has 187 million members: CEO Thursday, Nov 01, 2012 02:52 PM PDT SAN FRANCISCO (Reuters) - LinkedIn Corp Chief Executive Jeff Weiner said on Thursday that the professional social network had 187 million members at the end of the third quarter. (Reporting By Alexei Oreskovic) Full Story | Top |
Microsoft pushes new Windows to developers Thursday, Nov 01, 2012 02:38 PM PDT SEATTLE (Reuters) - Days after launching Windows 8, Microsoft Corp is mounting a strong campaign to win over the software developers it needs to kick-start its new operating system. A lack of apps is Microsoft's Achilles heel as it attempts to catch Apple Inc and Google Inc in the rush toward mobile computing. Windows 8, the new Surface tablet and a range of Windows-based phones - all unveiled in the past week - are designed to close that gap, but the world's largest software company still needs to convince developers to recreate the thriving 'ecosystem' that made PCs so successful. ... Full Story | Top |
First iPad mini teardown reveals Samsung display Thursday, Nov 01, 2012 02:20 PM 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 |
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