Technology News

Microsoft sold 40 million Windows 8 licenses in month: executive

SEATTLE | Tue Nov 27, 2012 4:43pm EST SEATTLE (Reuters) - Microsoft Corp has sold 40 million Windows 8 licenses in the month since the launch, according to one of the new co-heads of the Windows unit. The new operating system is outpacing sales of Windows 7 at the same stage, Tami Reller, finance and marketing head of the Windows business, said at an investor conference hel...

27 Nov 9:43 PM 0 Read More...

Exclusive: Banks offer to help Sony offload battery unit - sources

By Emi Emoto and Tim Kelly TOKYO | Tue Nov 27, 2012 4:08pm EST TOKYO (Reuters) - Sony Corp has been approached by at least three investment banks offering to sell its battery business as the struggling Japanese group looks to offload non-core assets and focus on reviving its consumer electronics business, banking sources said. Selling the unit, which employs 2,700 p...

27 Nov 9:08 PM 0 Read More...

Former Autonomy CEO seeks details from HP board on accounting allegations

SAN FRANCISCO | Tue Nov 27, 2012 1:28pm EST SAN FRANCISCO (Reuters) - Former Autonomy Chief Executive Mike Lynch asked Hewlett-Packard Co's board of directors for specific details about the accounting allegations which led the company to take an $8.8 billion write-down last week. In an open letter to HP's board on Tuesday, Lynch also asked for the interim report and other d...

27 Nov 6:28 PM 0 Read More...

AMD CEO encouraged by Black Friday PC sales

By Noel Randewich SAN FRANCISCO | Tue Nov 27, 2012 1:24pm EST SAN FRANCISCO (Reuters) - Results from the U.S. Thanksgiving weekend look encouraging for PC sales although it's too early to make predictions about the entire holiday shopping season, and the PC industry still faces long-term problems, the CEO of chipmaker Advanced Micro Devices said. The growing popular...

27 Nov 6:24 PM 0 Read More...

Apple has top U.S. smartphone, passes Google: research firm

HELSINKI | Tue Nov 27, 2012 1:22pm EST HELSINKI (Reuters) - Early success for the iPhone 5 smartphone has helped Apple to overtake Google's Android software in the United States, research firm Kantar WorldPanel said on Tuesday. Apple's U.S. share of smartphone sales in the 12 weeks to October 31 more than doubled from a year ago to 48.1 percent, putting it within reach of t...

27 Nov 6:22 PM 0 Read More...

Tech firms overtake banks in European office rentals

By Tom Bill LONDON | Tue Nov 27, 2012 12:49pm EST LONDON (Reuters) - Triton Court, a century-old old art deco building on London's Finsbury Square, is a good example of how the financial crisis is transforming demand for commercial property in Europe. Its grand, arched entrance faces the City's financial heartland while a scruffy, narrow street runs along the back i...

27 Nov 5:49 PM 0 Read More...

Cyber Monday best ever, including for Amazon's Kindle

Tue Nov 27, 2012 10:27am EST (Reuters) - Internet sales jumped 30.3 percent on Cyber Monday, making it the biggest online shopping day ever, according to IBM. Monday was also a record day for sales of Amazon.com Inc's Kindle electronic devices, the online retailer said, without saying how many it sold.Besides the 30.3 percent increase from Cyber Monday of 2011, total online sales we...

27 Nov 3:27 PM 0 Read More...

Amazon says big weekend Kindle sales more than double 2011 level

Tue Nov 27, 2012 9:26am EST (Reuters) - Cyber Monday was the biggest day ever for sales of Amazon.com Inc's Kindle electronic devices, the online retail giant said on Tuesday, without saying how many it actually sold. On Monday, November 26, when retailers offered big deals online for "Cyber Monday," Amazon.com cut the price of the Kin...

27 Nov 2:29 PM 0 Read More...

Apple takes smartphone top spot from Google in U.S. - research

HELSINKI | Tue Nov 27, 2012 7:58am EST HELSINKI (Reuters) - Early success for the iPhone 5 smartphone has helped Apple to overtake Google's Android software in the United States, research firm Kantar WorldPanel said on Tuesday. Apple's U.S. market share in the 12 weeks to October 31 more than doubled from a year ago to 48.1 percent, putting it within reach of the record 49....

27 Nov 12:58 PM 0 Read More...

Exclusive: Egyptian investor seeks to put stamp on Telecom Italia

By Mirna Sleiman DUBAI | Tue Nov 27, 2012 1:04am EST DUBAI (Reuters) - Egyptian entrepreneur Naguib Sawiris aims to shake up debt-laden Telecom Italia and steer it towards expansion in Brazil if shareholders warm up to his proposal for a 3 billion euro ($3.9 billion) cash infusion. The billionaire tycoon, who got to know Italy well when he owned the third-biggest mo...

27 Nov 6:04 AM 0 Read More...