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Apple loses another copyright lawsuit in China: Xinhua

SHANGHAI | Fri Dec 28, 2012 4:35am EST SHANGHAI (Reuters) - A Chinese court has fined Apple Inc 1 million yuan ($160,400) for hosting third-party applications on its App Store that were selling pirated electronic books, the official Xinhua news agency reported on Friday. Apple is to pay compensation to eight Chinese writers and two companies for violating their copyrights, ...

28 Dec 9:35 AM 0 Read More...

China tightens Internet controls, legalizes post deletion

BEIJING | Fri Dec 28, 2012 4:32am EST BEIJING (Reuters) - China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information and requiring service providers to hand over such information to the authorities for punishment. The rules signal that the new leadership headed by Communist Party chief Xi J...

28 Dec 9:32 AM 0 Read More...

Marvell has options as it faces $1 billion patent verdict

By Andrew Longstreth NEW YORK | Thu Dec 27, 2012 6:56pm EST NEW YORK (Reuters) - As Marvell Technology Group Ltd embarks on a legal process to void a $1.17 billion damages verdict in a patent dispute with Carnegie Mellon University, it has some reasons to be optimistic. The verdict was delivered on Wednesday by a jury in Pittsburgh, which found that Marvell had infr...

27 Dec 11:56 PM 0 Read More...

Apple CEO's pay takes big hit vs. record '11 package

NEW YORK | Thu Dec 27, 2012 4:52pm EST NEW YORK (Reuters) - Apple Inc CEO Tim Cook's 2012 compensation package of just over $4 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards. Cook received the largest single pay package awarded to a company CEO in a...

27 Dec 9:52 PM 0 Read More...

Apple CEO's pay package drops 99 percent from 2011

NEW YORK | Thu Dec 27, 2012 1:12pm EST NEW YORK (Reuters) - Tim Cook has finally made it to the top at Apple Inc, but in his first full year as CEO his pay package shrank about 99 percent. Cook, the successor to the late Steve Jobs, was awarded total compensation of $4.17 million in 2012, down from $378 million in 2011, Apple said in a federal filing on Thursday.The 2012 co...

27 Dec 6:12 PM 0 Read More...

Amazon most satisfying website to shop: survey

By Jessica Wohl Thu Dec 27, 2012 12:03am EST (Reuters) - Amazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in customer satisfaction of any major online retailer this holiday season, according to a survey released on Thursday. Flash sale sites Gilt.com and RueLaLa.com were among the worst performers in online shoppin...

27 Dec 5:03 AM 0 Read More...

Analysis: Amazon's Christmas faux pas shows risks in the cloud

By Jim Finkle Wed Dec 26, 2012 7:28pm EST (Reuters) - A Christmas Eve glitch traced to Amazon.com Inc that shuttered Netflix for users from Canada to South America highlights the risks that companies take when they move their datacenter operations to the cloud. While the high-profile failure - at least the third this year - may cause some Amazon Web Services customers to con...

27 Dec 12:28 AM 0 Read More...

Samsung Electronics seeks U.S. sales ban on some Ericsson products

SEOUL | Wed Dec 26, 2012 1:55pm EST SEOUL (Reuters) - Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission (ITC), requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products. The action taken on Friday by the world's top smartphone maker, which accused Ericsson ...

26 Dec 6:55 PM 0 Read More...

Netflix blames Amazon for Christmas Eve outage

By Sam Forgione NEW YORK | Tue Dec 25, 2012 10:32pm EST NEW YORK (Reuters) - An outage at one of Amazon's web service centers hit users of Netflix Inc's streaming video service on Christmas Eve and was not fully resolved until Christmas Day, a spokesman for the movie rental company said on Tuesday. The outage impacted Netflix subscribers across Canada, Latin America...

26 Dec 3:32 AM 0 Read More...

Samsung Elec seeks U.S. sales ban on some Ericsson products

SEOUL | Tue Dec 25, 2012 7:57pm EST SEOUL (Reuters) - Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission (ITC), requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products. The action taken on Friday by the world's top smartphone maker, which accused Ericsson ...

26 Dec 12:57 AM 0 Read More...