Today: TECHNOLOGY News, Jul 07, 2011

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Jul 7, 2011

TECHNOLOGY News, Jul 07, 2011

Samsung Q2 falls as weak LCDs overshadow mobiles
Wed,6 Jul 2011 10:08 PM PDT
Reuters -
photoSEOUL (Reuters) - Profit at Samsung Electronics , the world's largest maker of memory chips and televisions, fell by a quarter as weak earnings at its flat screen unit dragged, underlying the conglomerate's struggle to return to last year's record profit.
photoLONDON (Reuters) - A phone-hacking scandal engulfing Rupert Murdoch's media empire grew on Thursday with claims that Britain's top-selling tabloid may have listened to the voicemail of relatives of soldiers killed in Iraq and Afghanistan.

Murdoch keeps low profile at Sun Valley, avoids press
Wed,6 Jul 2011 06:32 PM PDT
Reuters - SUN VALLEY, Idaho (Reuters) - Rupert Murdoch kept a low profile and managed to miss the press pack at Sun Valley on Wednesday, avoiding questions on the phone-hacking scandal at his company's UK tabloid paper and how it might hit its plan to take over satellite TV company BSkyB. Full Story1

Instant View: Samsung estimates Q2 profit down 26 percent
Wed,6 Jul 2011 05:25 PM PDT
Reuters - SEOUL (Reuters) - Samsung Electronics, the world's top maker of memory chips and televisions, estimated its April-June operating profit would fall 26 percent year on year, as its LCD display business is widely expected to report another loss. Full Story1

Hulu to hit 1 million paid users by summer's end: CEO
Wed,6 Jul 2011 04:59 PM PDT
Reuters -
photoLOS ANGELES (Reuters) - Internet video company Hulu expects its number of paid subscribers to top 1 million by summer's end, earlier than previously forecast, its chief executive said on Wednesday.

Samsung estimates Q2 profit down 26 percent
Wed,6 Jul 2011 04:40 PM PDT
Reuters -
photoSEOUL (Reuters) - Samsung Electronics, the world's top maker of memory chips and televisions, estimated its April-June operating profit would fall 26 percent year on year, as its LCD display business is widely expected to report another loss.

Facebook launches video chat with Skype
Wed,6 Jul 2011 04:33 PM PDT
Reuters -
photoPALO ALTO, California (Reuters) - Facebook will add Skype video chat to its pages, aiming to spice up the appeal of the world's No. 1 Internet social networking service while fending off increased competition from Google.

Murdoch defends papers as Cameron pledges hacking probe
Wed,6 Jul 2011 03:17 PM PDT
Reuters -
photoLONDON (Reuters) - Rupert Murdoch promised full cooperation on Wednesday to resolve a scandal shaking his media empire after British Prime Minister David Cameron promised an inquiry into what he called "disgusting" phone hacking by a newspaper.

Canada may seek to review sale of Nortel patents
Wed,6 Jul 2011 12:59 PM PDT
Reuters -
photoTORONTO/OTTAWA (Reuters) - The government said on Wednesday it may seek to review the $4.5 billion (C$4.3 billion) auction sale of patents belonging to bankrupt Nortel Networks under a law governing foreign investment.

Accused hacker indicted over AT&T-iPad breach
Wed,6 Jul 2011 12:39 PM PDT
Reuters -
photoNEW YORK (Reuters) - A man accused of hacking into AT&T Inc servers and stealing personal data belonging to 120,000 Apple Inc iPad users was indicted on Wednesday, two weeks after a co-defendant pleaded guilty.

Apple escalates Samsung battle, files ITC complaint
Wed,6 Jul 2011 11:27 AM PDT
Reuters -
photoNEW YORK (Reuters) - Apple Inc has filed a U.S. trade complaint to block Samsung Electronics Co from importing a variety of electronic devices, less than one week after Samsung sought to stop imports of Apple's popular iPads and iPhones.

Factbox: Key facts about video chat service Skype
Wed,6 Jul 2011 11:23 AM PDT
Reuters - (Reuters) - Facebook will integrate Skype video chat with its social networking service, striking a deal to cement Facebook's role as a communications hub. Full Story1

UK public find phone hacking despicable, bitter about media
Wed,6 Jul 2011 09:21 AM PDT
Reuters - SOHAM, England (Reuters) - Residents of the small town of Soham in eastern England said on Wednesday the alleged hacking of phones by a popular tabloid weekly owned by News International was "despicable." Full Story1

Government lab victim of sophisticated cyber attack
Wed,6 Jul 2011 09:15 AM PDT
Reuters - BOSTON (Reuters) - The government's Pacific Northwest National Laboratory shut down Internet access to the facility after it suffered a cyber attack. Full Story1

Satellite maker objects to TerreStar sale to Dish
Wed,6 Jul 2011 06:56 AM PDT
Reuters - NEW YORK (Reuters) - Bankrupt telecommunications firm TerreStar Networks Inc is facing two objections to its proposed sale to Dish Network Corp , including from the maker of its geosynchronous satellite. Full Story1

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