Today: TECHNOLOGY News, Aug 04, 2011

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Aug 4, 2011

TECHNOLOGY News, Aug 04, 2011

"State actor" behind slew of cyber attacks
Wed,3 Aug 2011 04:17 PM PDT
Reuters -
photoBOSTON (Reuters) - Security experts have discovered an unprecedented series of cyber attacks on the networks of 72 organizations globally, including the United Nations, governments and corporations, over a five-year period.

British smartphone use soaring, led by teens: survey
Wed,3 Aug 2011 04:03 PM PDT
Reuters -
photoLONDON (Reuters) - Teenage Britons are spending more and more time using smartphones to make calls, send texts and use social networking sites, and more than half of those that own the devices claim to be addicted to them, regulator Ofcom said on Thursday.

Former CIA official sees terrorism-cyber parallels
Wed,3 Aug 2011 04:00 PM PDT
Reuters - LAS VEGAS (Reuters) - Different wars for different times. Cofer Black, a former top CIA counterterrorism official, said on Wednesday he sees parallels between the terrorism threat that emerged before the September 11 attacks a decade ago and the emerging cyber threat now. Full Story

Google blasts Apple, Microsoft for patent gang-up
Wed,3 Aug 2011 03:48 PM PDT
Reuters -
photoLOS ANGELES/SAN FRANCISCO (Reuters) - Google Inc, fresh off losing a bid to buy thousands of valuable patents from bankrupt Nortel, accused its biggest rivals on Wednesday of banding together to block the Internet giant in the red-hot smartphone arena.

Leap posts wider loss as subscriber additions fall
Wed,3 Aug 2011 01:32 PM PDT
Reuters - (Reuters) - Leap Wireless posted a wider second-quarter loss as it added fewer customers than expected, sending its shares down as much as 5 percent in extended trading. Full Story

Analysis: Enterprise flash storage market ripe for tie-ups
Wed,3 Aug 2011 12:07 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Competition is brewing in the small but booming market for flash memory used in corporate data centers, and analysts foresee a wave of consolidation as larger players move in. Full Story

Avista, Cinven among bidders for Reuters' Kondor: sources
Wed,3 Aug 2011 10:22 AM PDT
Reuters - NEW YORK/LONDON (Reuters) - Avista Capital Partners and Cinven are among four private equity firms bidding for Thomson Reuters Corp's trade and risk management software business, Kondor, people close to the matter said. Full Story

photoBANGALORE (Reuters) - Garmin Ltd's efforts to revive waning sales of its once popular personal navigation devices will only bear fruit in the second half of next year, as many consumers have turned to free navigation apps on their smartphones and tablets.

UK spy agency says cyber raids show need for security
Wed,3 Aug 2011 09:39 AM PDT
Reuters - LONDON (Reuters) - Britain's electronic spy agency told Reuters on Wednesday a report disclosing unprecedented cyber raids demonstrated the need for an international "shared understanding" of acceptable online activity that could boost trade and social development. Full Story

Wi-LAN shares fall on patent suit setback against LG
Wed,3 Aug 2011 09:26 AM PDT
Reuters - BANGALORE (Reuters) - Shares of patent licensing firm Wi-LAN Inc fell 18 percent on Wednesday, a day after a U.S. magistrate judge recommended summary judgment on LG Electronics Inc's defense against the Canadian company's patent infringement lawsuit. Full Story

UK shakes up copyright laws, scraps plan to block websites
Wed,3 Aug 2011 06:59 AM PDT
Reuters - LONDON (Reuters) - Britain said Wednesday it will introduce a digital exchange where licenses for copyright works may be bought and sold, as part of a revamp of its 300-year-old copyright laws. Full Story

Three firms drop EU antitrust complaints against IBM
Wed,3 Aug 2011 06:05 AM PDT
Reuters -
photoBRUSSELS (Reuters) - Three small rivals have dropped their antitrust complaints against International Business Machines Corp that had triggered one of two investigations by EU regulators into IBM's business practices.

Huawei bets on the cloud, mobile phone sales soar
Wed,3 Aug 2011 03:49 AM PDT
Reuters - BEIJING/HONG KONG (Reuters) - China's Huawei Technologies Co Ltd, the world's No. 2 network equipment maker, launched its cloud computing smartphones on Wednesday, looking to ride a mobile industry boom that drove a 64 percent sales rise in its devices unit in the first half. Full Story

South Korea fines Apple $2,855 over location data
Wed,3 Aug 2011 03:13 AM PDT
Reuters - SEOUL (Reuters) - Apple Inc's South Korean unit has been fined 3 million won ($2,855) by the country's communications regulator after the iPhone and iPad maker collected location data from users without proper authorization. Full Story

MetroPCS posts weak subscriber numbers, shares plunge
Tue,2 Aug 2011 04:53 PM PDT
Reuters - NEW YORK (Reuters) - MetroPCS Communications Inc lost more than a third of its market value on Tuesday after it reported quarterly earnings that missed Wall Street expectations and warned that already-weak second-quarter subscriber numbers would worsen in the current quarter. Full Story

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