TECHNOLOGY News, Jul 29, 2011

Samsung profit outlook weakens on chips, mobiles strong Thu,28 Jul 2011 11:21 PM PDT Reuters - SEOUL (Reuters) - Samsung Electronics Co is relying on the smartphone market to boost group profits after its flat screen unit reported a second quarter of losses and the mainstay chip business struggled. Full Story Nokia slips from 1 to 3 in smartphone sales Thu,28 Jul 2011 11:13 PM PDT Reuters - HELSINKI (Reuters) - Apple and Samsung Electronics ended struggling Nokia's 15-year reign at the top of the smartphone sales rankings in the second quarter, researchers said on Friday. Full Story Nintendo shares dive as profit outlook crumbles Thu,28 Jul 2011 11:11 PM PDT Reuters - TOKYO (Reuters) - Nintendo Co Ltd's shares plunged as much as 20 percent after the company swung to a quarterly loss and slashed its annual profit target, hit by anemic sales of its five-month-old 3D capable games device. Full Story Ricoh, Vidyo in new videoconferencing deal Thu,28 Jul 2011 09:20 PM PDT Reuters - HELSINKI (Reuters) - Video technology start-up Vidyo unveiled on Friday a deal to supply its software to Ricoh's new small videoconferencing offering, which it expects to "significantly disrupt" the $3 billion equipment market. Full Story No sexy girls please, China tells online game fair Thu,28 Jul 2011 08:53 PM PDT Reuters - SHANGHAI (Reuters Life!) - Hemlines are a little longer at this year's annual online gaming fair in Shanghai, as companies take to heart a government directive against "vulgarity," a Chinese newspaper reported on Friday. Full Story Motorola product delays, tablet price to hurt third quarter Thu,28 Jul 2011 07:23 PM PDT Reuters - NEW YORK (Reuters) - Motorola Mobility warned that its third-quarter profit would miss expectations due to a long delay of a key smartphone launch and a tablet computer price cut, sending its shares down 4 percent. Full Story Microsoft: Tax review may have significant impact Thu,28 Jul 2011 05:41 PM PDT Reuters - LOS ANGELES (Reuters) - Microsoft Corp warned on Thursday that a government review of its U.S. tax obligations in past years could significantly affect its financial statements if not resolved in its favor. Full Story Microsoft: Tax review may have significant impact Thu,28 Jul 2011 05:39 PM PDT Reuters - LOS ANGELES (Reuters) - Microsoft Corp warned on Thursday that a government review of its U.S. tax obligations in past years could significantly affect its financial statements if not resolved in its favor. Full Story Microsoft: Tax review may have significant impact Thu,28 Jul 2011 05:38 PM PDT Reuters - LOS ANGELES (Reuters) - Microsoft Corp warned on Thursday that a government review of its U.S. tax obligations in past years could significantly affect its financial statements if not resolved in its favor. Full Story Verizon Wireless to pay $10 billion to parents Thu,28 Jul 2011 04:00 PM PDT Reuters - NEW YORK (Reuters) - Verizon Wireless plans to pay a $10 billion dividend early next year to its parents, Vodafone Group Plc and Verizon Communications . Full Story Motorola product delay, tablet margins to hurt Q3 Thu,28 Jul 2011 02:54 PM PDT Reuters - NEW YORK (Reuters) - Motorola Mobility warned that its third-quarter profit would miss expectations due to the second delay of a smartphone launch and price cuts of its tablet computers, sending its shares down 4 percent. Full Story Sprint results disappoint, shares fall 20 percent Thu,28 Jul 2011 01:50 PM PDT Reuters - NEW YORK (Reuters) - Sprint Nextel Corp's shares plunged nearly 20 percent on Thursday as heavy subscriber losses in the second quarter called into question the strategy and outlook of the No. 3 U.S. wireless company. Full Story Senate panel schedules Google antitrust hearing Thu,28 Jul 2011 11:27 AM PDT Reuters - WASHINGTON (Reuters) - The Senate's antitrust panel has scheduled its hearing on Google Inc's use of its considerable market clout for mid-September, the Senate Judiciary Committee said in a brief statement on Thursday. Full Story Analysis: HR software firms log gains in shifting job scene Thu,28 Jul 2011 10:28 AM PDT Reuters - BANGALORE (Reuters) - The U.S. job market may be going through choppy times, but it has been a heady ride for companies that make software to help corporations hire, train and retain employees. Full Story U.S. government says Stuxnet could morph into new threat Thu,28 Jul 2011 10:25 AM PDT Reuters - BOSTON (Reuters) - U.S. government cyber security experts are warning that the Stuxnet virus could become more menacing, more than a year after it surfaced in an attack believed to be targeted against Iran's nuclear program. Full Story

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