Technology News Headlines

Samsung says Microsoft deal invites 'charges of collusion': filing

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- Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing.

Tech, Deals, Media 1:03pm EDT

UBS cannot arbitrate vs Nasdaq over Facebook IPO: court

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NEW YORK - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering.

Tech, Media 1:24pm EDT

Pirate Bay co-founder sentenced to 42 months in jail in Denmark

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COPENHAGEN - A co-founder of the Swedish file-sharing website The Pirate Bay was sentenced on Friday to three and a half years in prison, in what the prosecutor called Denmark's biggest-ever hacking case.

Tech, Media 12:26pm EDT

Leaner Sony gains smartphone lift despite its own mobile malaise

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TOKYO - Sony Corp posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring program is paying off.

Tech, Japan, Media 9:13am EDT

Samsung Electronics seeks China comeback with first metallic smartphones

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SEOUL - Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.

Tech, Media 3:39am EDT

Tencent teams up with IBM to offer business software over the cloud

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BEIJING - Tencent Holdings Ltd said on Friday it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet industry.

5:13am EDT

Oi, America Movil, Telefonica to bid for Brazil's TIM, sources say

SAO PAULO/MILAN - Brazil's Grupo Oi SA, Mexico's America Movil SAB and Spain's Telefonica SA agreed to place a joint bid worth around 32 billion reais ($13 billion) for TIM ParticipaƧƵes SA , two sources with direct knowledge of the matter said on Friday.

Tech, Deals, Brazil, Mexico 3:34pm EDT

HTC forecasts higher fourth-quarter sales; above market estimates

TAIPEI - Taiwanese smartphone maker HTC Corp said on Friday that it expects revenue in the fourth quarter to reach T$43 billion-T$47 billion ($1.4 billion-$1.57 billion), beating market expectations of T$41.5 billion.

3:19am EDT

Siemens seen picking EQT for hearing aids next week

MUNICH/LONDON - Siemens is likely to pick EQT [EQT.UL] next week to buy its hearing aids unit for about 2 billion euros ($2.5 billion), two sources familiar with the matter said.

5:30am EDT

Panasonic raises profit outlook as restructuring shows results

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TOKYO - Panasonic Corp raised its full-year operating profit outlook by 13 percent and returned to a net cash positive position for the first time in five years after a drastic restructuring chopped unprofitable product lines in smartphones, plasma TVs and semiconductor chips.

Tech, Media 4:47am EDT
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.