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Jul 29, 2011

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 -
photoHELSINKI (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.

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 -
photoNEW 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.

Microsoft: Tax review may have significant impact
Thu,28 Jul 2011 05:41 PM PDT
Reuters -
photoLOS 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.

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 -
photoNEW 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.

Senate panel schedules Google antitrust hearing
Thu,28 Jul 2011 11:27 AM PDT
Reuters -
photoWASHINGTON (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.

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

SPORTS News, Jul 29, 2011

McCutchen blasts Pirates past Braves
Thu,28 Jul 2011 10:37 PM PDT
Reuters - ATLANTA (Reuters) - Andrew McCutchen's two-run home run in the ninth inning secured a 5-2 win for the Pittsburgh Pirates over the Atlanta Braves at Turner Field on Thursday. Full Story

Phelps denied Cavic showdown for 100 butterfly
Thu,28 Jul 2011 09:40 PM PDT
Reuters -
photoSHANGHAI (Reuters) - Swimming fans' hopes of another classic showdown between Michael Phelps and Milorad Cavic were dashed on Friday when the Serbian failed to qualify for the 100 meters butterfly semi-finals at the world championships in Shanghai.

New England Patriots acquire Bengals receiver Ochocinco
Thu,28 Jul 2011 07:44 PM PDT
Reuters - NEW YORK (Reuters) - The New England Patriots have acquired flamboyant receiver Chad Ochocinco from the Cincinnati Bengals, the National Football League's website (nfl.com) reported on Thursday. Full Story

Blue Jays look within for return to relevance
Thu,28 Jul 2011 07:34 PM PDT
Reuters -
photoTORONTO (Reuters) - It has been nearly 20 years since the Toronto Blue Jays struck fear in the eyes of their opponents as a playoff contender, but a return to focusing on young talent may have the team headed in the right direction.

Tiger Woods to return to PGA Tour action next week
Thu,28 Jul 2011 06:13 PM PDT
Reuters -
photoMIAMI (Reuters) - Tiger Woods, who has missed the last two majors because of leg injuries, will return to competition at next week's WGC-Bridgestone Invitational in Akron, Ohio, the former world number one said Thursday.

UPDATE 2-Golf-Woods to return to PGA Tour action next week
Thu,28 Jul 2011 06:09 PM PDT
Reuters - * Woods eyes Firestone for his PGA Tour return Full Story

Fit Trevor Immelman rediscovers form at The Greenbrier
Thu,28 Jul 2011 05:31 PM PDT
Reuters - NEW YORK (Reuters) - Former Masters champion Trevor Immelman has had very little to enjoy on the golf course over the last two years but all that changed in Thursday's opening round of the Greenbrier Classic in West Virginia. Full Story

Golf-U.S. PGA Tour Greenbrier Classic scores
Thu,28 Jul 2011 05:13 PM PDT
Reuters - July 28 (Reuters) - Scores from the U.S. PGA Tour Greenbrier Classic at the par-70 course on Thursday in White Sulphur Springs, West Virginia 64 Trevor Immelman (South Africa) 64 65 Billy Mayfair (U.S.) 65 Full Story

Golf-Woods to return to PGA Tour action in Ohio next week
Thu,28 Jul 2011 05:06 PM PDT
Reuters - MIAMI, July 28 (Reuters) - Tiger Woods, who has missed the last two majors because of leg injuries, will return to competition at next week's WGC-Bridgestone Invitational in Akron, Ohio, the former world number one said on Thursday. Full Story

UPDATE 1-Golf-Fit Immelman rediscovers form at The Greenbrier
Thu,28 Jul 2011 04:46 PM PDT
Reuters - * Immelman takes charge with an opening 64 Full Story

Ryan Lochte has no time to rest on laurels
Thu,28 Jul 2011 03:19 PM PDT
Reuters -
photoSHANGHAI (Reuters) - Ryan Lochte had little opportunity to soak up the fact he had become the first swimmer to break a long course world record since controversial polyurethane swimsuits were outlawed as his focus shifted to the 200 meters backstroke final Friday.

Canucks keep right wing Hansen with new three-year deal
Thu,28 Jul 2011 02:14 PM PDT
Reuters -
photoVANCOUVER (Reuters) - The Vancouver Canucks have avoided arbitration with Jannik Hansen by signing the Danish right wing to an extension contract, the team said Thursday.

Bob Bradley fired as U.S. national soccer coach
Thu,28 Jul 2011 02:09 PM PDT
Reuters -
photoNEW YORK (Reuters) - Bob Bradley was fired as the United States national men's head coach on Thursday after nearly five years in the job.

Quarterback Kolb traded to Arizona by Philadelphia
Thu,28 Jul 2011 01:47 PM PDT
Reuters -
photoNEW YORK (Reuters) - The Arizona Cardinals got their quarterback, working out a deal with the Philadelphia Eagles for Kevin Kolb, as the wheeling and dealing intensified Thursday in the National Football League's (NFL) abbreviated offseason.

Rallying-Loeb leads in Finland
Thu,28 Jul 2011 01:35 PM PDT
Reuters - HELSINKI, July 28 (Reuters) - Citroen drivers Sebastien Loeb and Sebastien Ogier of France topped the leaderboard after the Rally of Finland prologue on Thursday with Finn Jari-Matti Latvala third in his ford. Full Story