TECHNOLOGY News, Jul 06, 2011

South Korean Web attacks might have been war drill Tue,5 Jul 2011 11:02 PM PDT Reuters - BOSTON (Reuters) - Attacks that crippled South Korean government websites in July 2009 and again in March 2011 might have been cyber war drills conducted on behalf ofNorth Korea, according to security software maker McAfee Inc. Full Story1

Lenovo's China launch raises questions over game console ban Tue,5 Jul 2011 11:00 PM PDT Reuters - TOKYO (Reuters) - Lenovo's launch of a home videogame console in China this year may throw into question the country's decade-old ban on the gadgets and could eventually open the $5.8 billion Chinese game market to Sony Corp and Microsoft. Full Story1

Media moguls focus on digital dollars at Sun Valley Tue,5 Jul 2011 07:28 PM PDT Reuters - SUN VALLEY, Idaho (Reuters) - Media and technology moguls gather in Idaho this week to once more debate a shift to a digital world, but the talk this year will finally focus on how to make money off it. Full Story1

Expert pleads guilty in insider probe Tue,5 Jul 2011 05:34 PM PDT Reuters - NEW YORK (Reuters) - A former senior director at Flextronics International pleaded guilty on Tuesday, telling a U.S. judge he was paid $200 an hour by an expert network firm to spill inside information to hedge funds. Full Story1

Insight Comm buyer likely to be picked within month: report Tue,5 Jul 2011 05:04 PM PDT Reuters - (Reuters) - Insight Communications Co, controlled by The Carlyle Group, received final bids in its auction last week and a buyer will likely be picked within a month from bidders including WideOpenWest LLC and Mediacom Communications, the Wall Street Journal reported. Full Story1

Insight Comm buyer likely to be picked within month: report Tue,5 Jul 2011 04:54 PM PDT Reuters - (Reuters) - Insight Communications Co, controlled by The Carlyle Group, received final bids in its auction last week and a buyer will likely be picked within a month from bidders including WideOpenWest LLC and Mediacom Communications, the Wall Street Journal reported. Full Story1

Media moguls focus on digital dollars at Sun Valley Tue,5 Jul 2011 04:31 PM PDT Reuters - SUN VALLEY, Idaho (Reuters) - Media and technology moguls gather in Idaho this week to once more debate a shift to a digital world, but the talk this year will finally focus on how to make money off it. Full Story1

Hackers seize PayPal UK Twitter account Tue,5 Jul 2011 03:04 PM PDT Reuters - BOSTON (Reuters) - Hackers seized control of a PayPal Twitter feed for more than an hour on Tuesday, then sent out messages criticizing the payment processor in the second attack of its type in two days. Full Story1

Verizon to eliminate unlimited data plans Tue,5 Jul 2011 01:20 PM PDT Reuters - NEW YORK (Reuters) - Verizon Wireless, the biggest U.S. mobile provider, will stop offering customers unlimited data service plans on July 7, meaning higher prices for heavy users of services such as mobile Web surfing. Full Story1

Google's browser tops 20 percent market share: report Tue,5 Jul 2011 12:00 PM PDT Reuters - SEATTLE (Reuters) - Google Inc's Chrome Web browser has grabbed more than 20 percent of global market share, while Microsoft Corp's long-time leader Internet Explorer has slipped below 50 percent, according to Internet statistics firm StatCounter. Full Story1

Google, Microsoft sued over map technology Tue,5 Jul 2011 10:29 AM PDT Reuters - WILMINGTON, Delaware (Reuters) - Google Inc and Microsoft Corp were sued for infringing a Louisiana company's patent with their map websites, which let users navigate street-level views of towns and cities. Full Story1

Ailing Nokia cuts smartphone prices to halt slump Tue,5 Jul 2011 09:13 AM PDT Reuters - HELSINKI (Reuters) - Struggling Nokia has cut the prices of its smartphones in Europe, two industry sources told Reuters on Tuesday, raising the possibility of a more intensive price war in the mobile phone market. Full Story1

Pincus joins Web's rock stars with Zynga IPO Tue,5 Jul 2011 05:40 AM PDT Reuters - MONTREAL (Reuters) - Serial entrepreneur, dog lover, social networking czar and Zynga Inc founder Mark Pincus on Friday took a big step toward joining Wall Street's Internet elite. Full Story1

Falcone's LightSquared raises $265 million in funding Tue,5 Jul 2011 05:36 AM PDT Reuters - NEW YORK (Reuters) - LightSquared, the telecom start-up backed by Philip Falcone's Harbinger Capital hedge fund, said on Tuesday that it has raised $265 million in funding from existing and new investors. Full Story1

Fujifilm aims to be world No. 3 in cameras Tue,5 Jul 2011 03:14 AM PDT Reuters - OMIYA, Japan (Reuters) - Japan's Fujifilm aims to become the world's fourth largest camera maker by next March and the No. 3 manufacturer two years later, overtaking first rival Samsung and then Nikon, a senior company executive said. Full Story1

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