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| Google bets on custom colors with first flagship Moto X phone Thursday, Aug 01, 2013 12:11 PM PDT  By Sinead Carew and Alexei Oreskovic NEW YORK/SAN FRANCISCO (Reuters) - Motorola on Thursday unveiled its highly anticipated Moto X smartphone, which will be customizable with different colors for AT&T customers and marks the cellphone maker's first flagship device since Google Inc bought the company in 2012. The Moto X will go on sale in the United States at the end of August or the beginning of September for a suggested retail price of $199.99 to customers who sign a two-year contract at five of the biggest U.S. mobile network operators. Google, which spent $12. ... Full Story | Top |
| Icahn sues Dell in latest attempt to foil buyout Thursday, Aug 01, 2013 10:29 AM PDT  (Reuters) - Activist investor Carl Icahn filed a lawsuit on Thursday to try to block Dell Inc from setting a new record date ahead of a crucial shareholders' vote, raising the stakes in a battle to derail a $24.4 billion buyout of the world's No. 3 PC maker. Icahn, who has urged fellow shareholders to reject Chief Executive Officer Michael Dell's and Silver Lake's offer to buy and take the company private, included a list of demands in his lawsuit, such as that the CEO and his affiliates be prevented from voting any shares bought after February 5. Dell was not immediately available for ... Full Story | Top |
| Tidemark raises $13 million for cloud-based analytics Thursday, Aug 01, 2013 10:07 AM PDT SAN FRANCISCO (Reuters) - Tidemark said Thursday it has raised $13 million in venture backing for its cloud-based analytics services, boosting the startup's efforts to challenge enterprise giants in a fast-growing sector of business technology. The investment round, which brings Tidemark's total funding to $48 million, was led by Tenaya Capital, with participation by existing investors Greylock Partners, Andreessen Horowitz and Redpoint Ventures. ... Full Story | Top |
| Telefonica, Yoigo to share 4G, broadband in Spain Thursday, Aug 01, 2013 09:46 AM PDT By Clare Kane MADRID (Reuters) - Spain's biggest telecoms operator Telefonica signed a deal with No. 4 provider Yoigo on Thursday allowing it to use its rival's superfast mobile Internet frequencies in exchange for access to its broadband assets. Telefonica, the only operator in Spain that does not currently provide 4G services, will have full use of Yoigo's superfast spectrum, while the smaller player will now be able to compete in the attractive market of bundling fixed-line and mobile telephone services. ... Full Story | Top |
| China's army defends "sovereign territory" from Japanese - in video game Thursday, Aug 01, 2013 08:39 AM PDT  By Paul Carsten BEIJING (Reuters) - He walks backwards, emptying the magazine of his rifle into the three soldiers charging toward him with bayonets raised. They drop dead, and a small Japanese flag, its red sun stylized to resemble a bullet wound, flashes onto the screen. These are just some of the "guizi", the derogatory Chinese term for the Japanese occupiers during World War Two, that will die at the hands of Chinese troops defending their sovereign land, in a new Chinese video game released on Thursday, the anniversary of the People's Liberation Army's (PLA) founding. ... Full Story | Top |
| Time Warner Cable posts weak Internet numbers, sparks deal talk Thursday, Aug 01, 2013 08:17 AM PDT  By Liana B. Baker (Reuters) - Time Warner Cable Inc reported quarterly revenue below analysts' estimates as it added less than half the number of subscribers for high-speed data services that analysts had expected. Shares still rose 3.2 percent on Thursday as analysts said the cable company's management did not necessarily rule out a merger or takeover during a conference call. Time Warner Cable, which ranks second to Comcast Corp in the U.S. cable market with about 12 million customers, has attracted takeover interest from John Malone's Liberty Media Corp. ... Full Story | Top |
| Telefonica launches 4G services in Britain, Spain Thursday, Aug 01, 2013 06:49 AM PDT  LONDON/MADRID (Reuters) - Spanish telecoms operator Telefonica announced plans on Thursday to roll out superfast mobile internet in three British cities this month and a deal with TeliaSonera's Yoigo allowing it access to 4G frequencies in Spain. Telefonica's British brand O2 plans to launch its superfast mobile network in London and two other cities before extending it elsewhere around the country later this year in an effort to catch up with the market leader, merged Orange and Deutsche Telekom operator EE. ... Full Story | Top |
| DirecTV subscriber growth in Latin America slows Thursday, Aug 01, 2013 06:17 AM PDT By Liana B. Baker (Reuters) - Satellite TV provider DirecTV missed second-quarter earnings estimates as it lost more customers than expected in the United States and added fewer than expected in Latin America, sending its shares down 4 percent in premarket trading. In Latin America, usually the greatest driver of the company's business, it added just 165,000 subscribers, while research firm StreetAccount was looking for 431,900. ... Full Story | Top |
| Sony electronics rebound unlikely to ease pressure for change Thursday, Aug 01, 2013 04:29 AM PDT  By Mari Saito TOKYO (Reuters) - Sony Corp said its electronics division faces hard times ahead even after a weak yen helped pull it into profit for the first time in two years, ratcheting up pressure on the board to respond to activist shareholder Daniel Loeb's proposal to split the company in two. Thursday's better-than-expected earnings are unlikely to placate billionaire investor Loeb, whose New York-based Third Point hedge fund wants Sony to spin off as much as a fifth of its money-making entertainment arm - movies, TV and music - in order to make it more transparent and accountable. ... Full Story | Top |
| Vodafone restructures to create one European unit Thursday, Aug 01, 2013 04:11 AM PDT  LONDON (Reuters) - Vodafone said on Thursday it would merge its northern, central and southern European regions into one unit which will be led by Philipp Humm. Under the reorganization to take place on October 1, the group's successful Turkish division will fit into the Africa, Middle East and Asia-Pacific unit. Paolo Bertoluzzo, currently the head of southern Europe, will become the group's commercial and operations officer. Humm had been the head of northern and central Europe for the British mobile operator. ... Full Story | Top |
| Hutchison H1 profit beats forecasts on solid overseas performance Thursday, Aug 01, 2013 03:16 AM PDT By Yimou Lee HONG KONG (Reuters) - Ports-to-telecoms conglomerate Hutchison Whampoa Ltd, owned by Asia's richest man Li Ka-shing, reported on Thursday better-than-expected first-half profits, buoyed by a solid performance in European infrastructure and telecoms investments. Li, nicknamed "Superman" by local media for his deal-making savvy, plans to exit the mature Hong Kong supermarket business to focus on investing in European infrastructure and telecom assets as global economic woes drive down prices, analysts said. ... Full Story | Top |
| China's Alibaba bans customers from using Tencent's WeChat Wednesday, Jul 31, 2013 08:26 PM PDT  BEIJING (Reuters) - China's Alibaba Group, whose expected IPO could value the e-commerce company as high as $100 billion, has banned its customers from using Tencent Holdings' popular WeChat mobile messaging app to do business on Alibaba sites like Tmall and Taobao. Some merchants have been using WeChat to directly communicate with customers and encourage them to do business outside of Alibaba's transaction systems, Alibaba Group said in a statement. ... Full Story | Top |
| Apple CEO met China Mobile head, discussed cooperation Wednesday, Jul 31, 2013 07:23 PM PDT  By Paul Carsten and Lee Chyen Yee BEIJING/SINGAPORE (Reuters) - Apple Inc CEO Tim Cook on Tuesday met with the head of China Mobile Ltd, the world's largest mobile carrier by subscribers and the only Chinese carrier that doesn't offer iPhones and iPads. The meeting with China Mobile Chairman Xi Guohua in Beijing was to discuss matters of cooperation, the Chinese firm told Reuters in an emailed statement. It gave no further details. The talks could pave the way for a long-awaited deal for China Mobile to distribute Apple products on its vast network, benefiting both companies. ... Full Story | Top |
| Government requests for Twitter users' data on the rise Wednesday, Jul 31, 2013 07:16 PM PDT  By Gerry Shih SAN FRANCISCO (Reuters) - Twitter is under increasing pressure from governments around the world to release user's private information, with requests rising 40 percent in the first six months of the year, the microblogging company said Wednesday in its semi-annual transparency report. The United States made three-quarters of the 1,157 data requests during the six-month period, according to the San Francisco-based company's report. (Report: https://transparency.twitter.com/) Governments usually want the emails or IP addresses tied to a Twitter account. ... Full Story | Top |
| Apple fixing bug that allows fake charging stations to hack iPhones Wednesday, Jul 31, 2013 06:51 PM PDT  By Jim Finkle LAS VEGAS (Reuters) - Apple Inc's next software update for its iPhones and iPads will fix a security flaw that allows hackers to engage in spying and cyber crimes when the victim connects the device to a fake charging station, the company said on Wednesday. Apple's devices are vulnerable to attacks until the company releases its iOS 7 software update, which is slated for this fall. ... Full Story | Top |
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