Technology News

Google defends UK tax payments, says good for country

LONDON | Mon Apr 22, 2013 9:12am EDT LONDON (Reuters) - Google executive chairman Eric Schmidt has defended his company's low tax payments in Britain, saying the company follows the letter of the law and makes a positive contribution to the British economy. A British parliamentary committee last year accused Google, Amaz...

22 Apr 1:12 PM 0 Read More...

EU regulators say smart card chipmakers may have been in cartel

By Foo Yun Chee BRUSSELS | Mon Apr 22, 2013 7:05am EDT BRUSSELS (Reuters) - German chipmaker Infineon Technologies and several of its peers could be penalized after EU regulators said the companies may have taken part in a cartel to keep prices high. The European Commission said in a statement it had sent a statement of objections setting out its concerns to the com...

22 Apr 11:05 AM 0 Read More...

Home and health devices controlled by apps on the rise

By Natasha Baker TORONTO | Mon Apr 22, 2013 6:49am EDT TORONTO (Reuters) - Tired of checking the washing machine to see if a cycle has completed, or worrying that the lights were left on at home? Apps are increasingly helping people monitor and control objects remotely on their mobile devices. From Internet-connected washing machines and smart refrigerators to bathr...

22 Apr 10:49 AM 0 Read More...

Slowdown in Apple orders weighs on LG Display's first-quarter profit

SEOUL | Mon Apr 22, 2013 2:47am EDT SEOUL (Reuters) - LG Display Co Ltd reported its smallest profit since it returned to the black in the second quarter of last year, as demand for iPhone and iPad screens from Apple weakened amid concerns the U.S. company is losing its luster in the mobile device market. Apple Inc, which analysts say provides about 30 percent of LG Display...

22 Apr 6:47 AM 0 Read More...

Google Play revenue surges, but still far short of Apple: data

By Somang Yang SEOUL | Mon Apr 22, 2013 2:03am EDT SEOUL (Reuters) - Google's app store revenues are growing much faster than those of Apple Inc, but Apple still dominates overall sales, market research data taken from the first three months of the year shows. The app stores collectively raked in $2.2 billion in the first three months of 2013, according to Canalys, ...

22 Apr 6:03 AM 0 Read More...

Apple's dimming luster roils suppliers, investors

By Reiji Murai and Clare Jim TOKYO/TAIPEI | Sun Apr 21, 2013 7:13am EDT TOKYO/TAIPEI (Reuters) - Apple Inc marketing chief Phil Schiller let slip during last August's courtroom battle with Samsung that when setting forecasts for new iPhones, the inside joke was that people should assume sales would equal all previous versions combined. That quip, uttered in front of...

21 Apr 11:13 AM 0 Read More...

Investors brace for more stock volatility on Apple earnings

By Angela Moon and Doris Frankel NEW YORK/CHICAGO | Sun Apr 21, 2013 7:10am EDT NEW YORK/CHICAGO (Reuters) - For years, Apple Inc was a stock investor's dream regardless of the market environment. But now concern about the iPhone maker's growth has made many investors wary about a big share swing after its earnings are released on Tuesday. Options pricing on Friday ...

21 Apr 11:10 AM 0 Read More...

CBS News says some of its Twitter accounts were hacked

Sat Apr 20, 2013 6:48pm EDT (Reuters) - Social media accounts maintained by CBS News programs, "60 Minutes" and "48 Hours," were compromised on Saturday, the two programs' official Twitter accounts said. A post on the "60 Minutes" Twitter microblog account, @60Minutes, said, "PLEASE NOTE: Our Twitter account was compromised earlier today. We are working with Twitter to resolve." Ano...

20 Apr 10:48 PM 0 Read More...

U.S. Air Force cadets win cyber war game with NSA hackers

By Andrea Shalal-Esa HANOVER, Maryland | Fri Apr 19, 2013 9:01pm EDT HANOVER, Maryland (Reuters) - A U.S. Air Force Academy team on Friday beat out rivals from other elite military colleges after a three-day simulated cyber "war" against hackers from the National Security Agency that is meant to teach future officers the importance of cybersecurity. Nearly 60 govern...

20 Apr 1:01 AM 0 Read More...

Dell shares at two month low after Blackstone pulls out

NEW YORK/SAN FRANCISCO | Fri Apr 19, 2013 6:28pm EDT NEW YORK/SAN FRANCISCO (Reuters) - Shares in Dell Inc dived to a 2-month low on Friday after Blackstone Group LP withdrew from a three-way battle to buy out the company, citing a crumbling personal computer market that has reduced financial forecasts at the world's No. 3 PC maker. Its withdrawal eases the way for founder ...

19 Apr 10:28 PM 0 Read More...