Technology News

India authorities dismiss Nokia tax appeal

NEW YORK | Fri May 31, 2013 8:43am EDT NEW YORK (Reuters) - Indian authorities dismissed Nokia's appeals over an income tax demand of 20.8 billion Indian rupees ($370 million), the phone company said, a setback for its efforts to resolve the dispute in a crucial market. Nokia's India unit was served in March with the tax...

31 May 12:43 PM 0 Read More...

Dell urges shareholders to vote for CEO's offer

Fri May 31, 2013 8:07am EDT (Reuters) - Dell Inc urged shareholders on Friday to vote for the $24.4 billion buyout offer led by founder and Chief Executive Michael Dell at a special meeting on July 18, saying the bid was superior to other strategic options. Activist investor Carl Icahn and Southeastern Asset Management launched a $21 billion counter offer for Dell earlier this month...

31 May 12:07 PM 0 Read More...

Telecom Italia shares fall more than 4 percent

MILAN | Fri May 31, 2013 7:43am EDT MILAN (Reuters) - Shares in Telecom Italia fell more than 4 percent on Friday after being briefly halted from trading, a day after the company took the first step to spin off its fixed-line network. The Italian phone company said it would discuss a possible tie-up with Hutchison Whampoa's Italian mobile phone unit, 3 Italia, at a board me...

31 May 11:43 AM 0 Read More...

Apple joins other foreign brands in raising prices in Japan

TOKYO | Fri May 31, 2013 3:27am EDT TOKYO (Reuters) - Apple Inc hiked prices of iPads and iPods in Japan on Friday, becoming the latest and highest-profile brand to join a growing list of foreign firms asking Japanese consumers to pay more as a weakening yen squeezes income. The yen has fallen more than 20 percent against the U.S. dollar since mid-November when then-opposit...

31 May 7:27 AM 0 Read More...

Megaupload founder wins access to evidence seized in raid

WELLINGTON | Fri May 31, 2013 2:35am EDT WELLINGTON (Reuters) - A New Zealand court granted Megaupload founder Kim Dotcom access on Friday to all evidence seized by police in a 2012 raid, bolstering the Internet entrepreneur's fight against extradition to the United States to face online piracy charges. Repeating its decision that warrants used in the raid on Dotcom's home ...

31 May 6:35 AM 0 Read More...

Dish puts Sprint bid for Clearwire under pressure

By Sinead Carew and Liana B. Baker NEW YORK | Thu May 30, 2013 9:15pm EDT NEW YORK (Reuters) - One of the biggest minority shareholders in Clearwire Corp, on Thursday urged the wireless company to recommend against Sprint Nextel Corp's buyout offer after Dish Network Corp made a counter bid. Crest Financial, which holds about 8 percent of Clearwire shares, said Clea...

31 May 1:15 AM 0 Read More...

Intel scores major win in new Samsung Galaxy tablet: source

By Noel Randewich SAN FRANCISCO | Thu May 30, 2013 6:15pm EDT SAN FRANCISCO (Reuters) - Samsung Electronics has chosen an Intel Corp processor to power a new version of one of its top-tier Android tablets, a source with knowledge of the plans told Reuters, in a major victory for the U.S. chipmaker, which is struggling to find its footing in the mobile market. Samsun...

30 May 10:15 PM 0 Read More...

Rogers, Videotron extend reach with network-sharing deal

By Euan Rocha and Alastair Sharp TORONTO | Thu May 30, 2013 3:12pm EDT TORONTO (Reuters) - Rogers Communications Inc and Quebecor Inc's Videotron wireless arm plan to build and operate a shared high-speed wireless network in and around Québec, a cost-saving arrangement that is expected to stoke competition in the French-speaking Canadian province. Rogers, the natio...

30 May 7:12 PM 0 Read More...

Telecom Italia takes first step to spin off network

By Danilo Masoni MILAN | Thu May 30, 2013 12:52pm EDT MILAN (Reuters) - Telecom Italia took a first step to spin off its domestic fixed-line access network on Thursday, a move that could allow the debt-laden Italian telecoms group to raise cash to fund investments. This could also help Italy speed up broadband development and give Telecom Italia more commercial flex...

30 May 4:52 PM 0 Read More...

U.S. groups expect WTO technology trade deal by July

WASHINGTON | Thu May 30, 2013 12:33pm EDT WASHINGTON (Reuters) - A deal among the United States, China, the European Union and nearly two dozen other countries to eliminate duties on billions of dollars of technology products could be reached in the next two months, U.S. technology groups said on Thursday. "We're quite optimistic we're going to get this across the finish li...

30 May 4:33 PM 0 Read More...