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| Canada to review all wireless spectrum transfer deals Friday, Jun 28, 2013 12:03 PM PDT  By Alastair Sharp TORONTO (Reuters) - The Canadian government will review all sales of wireless airwave licenses and reject any deals that would lead to undue concentration, it said on Friday in its latest move to weaken the dominance of the country's three big wireless carriers. The new rules come after two of Canada's biggest telecom companies - Rogers Communications Inc and Telus Corp - tried to acquire spectrum owned by smaller operators. ... Full Story | Top |
| No sign of BlackBerry turnaround in results, shares plunge Friday, Jun 28, 2013 11:33 AM PDT  By Euan Rocha and Alastair Sharp TORONTO (Reuters) - BlackBerry's market capitalization plunged by more than 25 percent on Friday after the smartphone maker reported dismal quarterly results, prompting deeper investor skepticism of the company's long-promised turnaround. ... Full Story | Top |
| Intel executives increase focus on Atom mobile chip Friday, Jun 28, 2013 11:07 AM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's top executives said on Friday the microprocessor company would speed up development and roll-out of its Atom chips for mobile devices, as the computing world moves away from the traditional personal computer. The company is also being "cautious" on its Intel television service, as it continues to look at the business model, according to the company's new Chief Executive Officer Brian Krzanich. "We believe we have a great user interface and the compression-decompression technology is fantastic," Krzanich said. ... Full Story | Top |
| Google reveals new London 'groundscraper' HQ Friday, Jun 28, 2013 08:58 AM PDT  By Tom Bill LONDON (Reuters) - Google has revealed that its new UK headquarters is a building longer than the Shard skyscraper is tall. The so-called groundscraper at the King's Cross Central development is the latest overseas property deal by the cash-rich U.S. internet group, which will house all of its London staff under one roof when completed in 2016. Google revealed designs for the low-rise one million square feet scheme on Friday after announcing its move to King's Cross in January. ... Full Story | Top |
| Accenture cuts full-year outlook as consulting slows further Friday, Jun 28, 2013 08:41 AM PDT  By Sruthi Ramakrishnan (Reuters) - Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates. Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd. ... Full Story | Top |
| Higher cable, satellite prices boost Shaw's profit Friday, Jun 28, 2013 07:23 AM PDT  (Reuters) - Canada's Shaw Communications Inc reported stronger-than-expected quarterly results and raised its cash-flow forecast, sending its shares up 3 percent in early trading. But the company, the dominant cable TV operator in Western Canada, managed only a marginal rise in third-quarter profit as it lost subscribers to its video cable and satellite TV services. Shaw said the number of subscribers to its video services fell by 26,578, or 1.3 percent, to 2.07 million in the quarter, while the number of those taking its "direct to home" satellite service slipped by 2,930 or 0. ... Full Story | Top |
| T-Mobile buys wireless spectrum from U.S. Cellular for $308 million Friday, Jun 28, 2013 05:33 AM PDT  (Reuters) - T-Mobile US Inc agreed to buy wireless spectrum covering the Mississippi Valley region from U.S. Cellular Corp for about $308 million in cash. The fourth-largest U.S. wireless service provider said the additional spectrum will allow it to expand its 4G LTE network across 29 markets covering 32 million people in several southern states. (Reporting by Chandni Doulatramani in Bangalore; Editing by Anthony Kurian) Full Story | Top |
| Japan PM Abe hops and flips in voter-wooing game app Thursday, Jun 27, 2013 10:33 PM PDT  TOKYO (Reuters) - It's a bird, it's a plane ... It's a cartoon version of Japanese Prime Minister Shinzo Abe, hopping and somersaulting his way through the sky in a smartphone game app his party hopes will lure young voters ahead of a July 21 election. A growing number of Japanese politicians are venturing into the cyber world after a legal change allowed the use of social media in campaigns, setting up Facebook pages and twitter accounts to woo voters before a July upper house election. ... Full Story | Top |
| Sony says Dubai dealers sold Iran $12.8 million in equipment Thursday, Jun 27, 2013 08:55 PM PDT  (Reuters) - Sony Corp said some dealers in Dubai resold about $12.8 million worth of its video equipment and medical instruments to Iranian ministries, in a move that could possibly attract U.S. penalties. The dealers resold some equipment to Iran's broadcasting unit and health ministry, and some also planned to sell equipment to the information technology department of the country's police, the firm said in a filing with the U.S. regulator. ... Full Story | Top |
| Google developing Android videogame console: report Thursday, Jun 27, 2013 04:06 PM PDT  SAN FRANCISCO (Reuters) - Google Inc is developing a videogame console and a wristwatch based on its Android operating system, according to a report in the Wall Street Journal. The devices could be available as soon as this Fall, the report, which cited anonymous sources, said. Google, the world's No.1 Web search engine, is also working on a revamped version of the Nexus Q music-streaming device, the report said. Google unveiled the Nexus Q in June 2012, but never released the product, which received critical reviews. ... Full Story | Top |
| Software moguls Ellison and Benioff end feud, jump into deal Thursday, Jun 27, 2013 04:02 PM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Oracle Corp Chief Executive Larry Ellison and Salesforce.com CEO Marc Benioff publicly ended one of Silicon Valley's most bitter feuds on Thursday as they leapt into a major alliance aimed at selling more Internet-based software. On a conference call to outline their new pact, the moguls, who in the past had been harsh critics of each other's businesses, said they plan to collaborate in the fast-growing area of cloud computing. Their comments were a far cry from two years ago, when Ellison called Salesforce. ... Full Story | Top |
| Adobe to buy digital marketing software company for $600 million Thursday, Jun 27, 2013 02:08 PM PDT (Reuters) - Adobe Systems Incorporated said it had agreed to acquire privately held Neolane, which operates a software platform for managing digital marketing campaigns over multiple platforms, for $600 million in cash. The maker of Photoshop and Acrobat software said the move would "bring critical cross-channel campaign management capabilities to the Adobe Marketing Cloud." Adobe Marketing Cloud is a set of tools encompassing analytics, social, advertising, targeting, and web experience management solutions. ... Full Story | Top |
| Samsung rolls out OLED TV as production glitches linger Thursday, Jun 27, 2013 01:40 PM PDT  By Miyoung Kim SEOUL (Reuters) - Samsung Electronics Co Ltd launched its first OLED TV on Thursday, taking the ultra-thin technology into a nascent market despite tenacious production challenges that keep costs high while prevailing LCD screens only get better and cheaper. The world's biggest TV manufacturer has staked its display future on OLED - organic light emitting diode - technology and its success with smaller screens has bolstered its smartphone market share and earnings. But big screens are likely to take a much slower road to profits. ... Full Story | Top |
| Top officer rejects comparison of U.S., Chinese cyber snooping Thursday, Jun 27, 2013 01:22 PM PDT  By David Alexander WASHINGTON (Reuters) - The top U.S. military officer on Thursday dismissed comparisons of Chinese and American snooping in cyber space, saying all countries gathered intelligence on their potential adversaries but Beijing's problematic "niche" was intellectual property theft. Army General Martin Dempsey, the chairman of the Joint Chiefs of Staff, also said the U.S. government was close to completing an update of its rules of engagement in cyber space and that Americans needed to understand a cyber attack could trigger a real-world military response. ... Full Story | Top |
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