Technology News

Microsoft vs. Google trial over patents finishes up

By Lisa Dembiczak SEATTLE | Tue Nov 20, 2012 8:57pm EST SEATTLE (Reuters) - A Google expert witness testified on Tuesday that Microsoft will make roughly $94 billion in revenue through 2017 from its Xbox game console and Surface tablet that use Google's patented wireless technology. Michael Dansky, an expert for Google's Motorola Mobility unit, testified on the last...

21 Nov 1:57 AM 0 Read More...

HP alleges Autonomy wrongdoing, takes $8.8 billion charge

By Poornima Gupta and Nicola Leske Tue Nov 20, 2012 4:17pm EST (Reuters) - Hewlett-Packard stunned Wall Street by alleging a massive accounting scandal at its British software unit Autonomy that will cost the company the majority of $8.8 billion in charges. It was the latest in a string of reversals that have renewed questions about the basic competence of the storied compan...

20 Nov 9:17 PM 0 Read More...

Tablets, discounters top U.S. holiday shopping lists: Reuters/Ipsos

By Jessica Wohl Tue Nov 20, 2012 3:44pm EST (Reuters) - Move over computers, your sleek siblings are the prized gift of the holidays. One-third of U.S. consumers are thinking about buying an electronic tablet this holiday season, according to a new Ipsos poll conducted for Thomson Reuters. And 22 percent of those who want one of the hot devices said they plan to cut back on ...

20 Nov 8:44 PM 0 Read More...

HP alleges Autonomy wrongdoing, takes $5 billion charge

By Poornima Gupta and Nicola Leske Tue Nov 20, 2012 12:59pm EST (Reuters) - Hewlett-Packard Co on Tuesday took a massive $5 billion charge, claiming a raft of improprieties, misrepresentation and disclosure failures at software firm Autonomy, which it acquired last October for $11.1 billion. HP said it discovered "serious accounting improprieties" and "a willful effort by Au...

20 Nov 5:59 PM 0 Read More...

France in talks with Google over tax audit: minister

Tue Nov 20, 2012 11:22am EST Nov 20 - France is in talks with Google over an ongoing tax audit and payment of back taxes, the country's budget minister said on Tuesday, adding the administration had "convincing" proof to back up its claims. Tax authorities are examining whether Google's practice of charging French advertisers via its European headquarters in Ireland led it to under...

20 Nov 4:22 PM 0 Read More...

BlackBerry maker wins vote of confidence ahead of BB10

By Euan Rocha TORONTO | Tue Nov 20, 2012 10:49am EST TORONTO (Reuters) - Research In Motion Ltd, for months enveloped by a wave of negative sentiment, got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM's make-or-break new line of BlackBerry 10 devices. The upgrade by Jefferies & Co analyst Pe...

20 Nov 3:49 PM 0 Read More...

HP says discovered accounting "failures" at Autonomy unit

By Poornima Gupta and Nicola Leske Tue Nov 20, 2012 10:36am EST (Reuters) - Hewlett-Packard Co said on Tuesday it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing "serious accounting improprieties," as it swung to a fourth-quarter loss. HP said personal computer sales shrank again and its quarterly revenue fell 6.7 percent.The stock lo...

20 Nov 3:36 PM 0 Read More...

Hewlett-Packard takes $8.8 billion charge, revenues fall

Tue Nov 20, 2012 8:46am EST (Reuters) - Hewlett-Packard Co said on Tuesday it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing "serious accounting improprieties," as it swung to a fourth-quarter loss. HP said that personal computer sales shrank again and its quarterly revenue fell 6.7 percent. HP's stock dropped 6.6 percent in premarket tradin...

20 Nov 1:46 PM 0 Read More...

HTC "happy" with Apple settlement, slams media estimates

TOKYO | Tue Nov 20, 2012 4:08am EST TOKYO (Reuters) - Taiwan's HTC Corp is happy with its patent settlement with Apple Inc, but regards media reports on details of the licensing agreement as "outrageous", chief executive Peter Chou told reporters on Tuesday. HTC and Apple announced a global patent settlement and a 10-year licensing agreement this month after a bruising pate...

20 Nov 9:08 AM 0 Read More...

U.S. ITC will review Apple, Samsung patent decision

By Diane Bartz WASHINGTON | Mon Nov 19, 2012 6:13pm EST WASHINGTON (Reuters) - The U.S. International Trade Commission will review a judge's decision which found that Apple did not violate patents owned by Samsung Electronics in making the iPod touch, iPhone and iPad. An administrative law judge at the ITC had said in a preliminary ruling in September that Apple was...

19 Nov 11:13 PM 0 Read More...