Career News 24/7: Technology Report: Amazon makes big Kindle push in U.S. schools

Wednesday, October 17, 2012

Technology Report: Amazon makes big Kindle push in U.S. schools

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10/17/2012

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Amazon makes big Kindle push in U.S. schools

SAN FRANCISCO (Reuters) - Amazon.com Inc announced an initiative on Wednesday to get its Kindle e-readers and tablet computers into schools, entering a market that has been particularly successful for rival Apple Inc and its iPad device.

Huawei says U.S. probe unlikely to affect other business

HANGZHOU, China (Reuters) - China's Huawei Technologies Co Ltd said on Wednesday a U.S. congressional committee probe into whether its access to communications infrastructure poses a security risk is unlikely to affect its businesses in other overseas markets.

Chip gear maker ASML buys Cymer for $2.5 billion

AMSTERDAM (Reuters) - ASML, the world's leading provider of tools for making computer chips, is buying U.S. group Cymer for 1.95 billion euros ($2.5 billion) to get control of a light-based technology crucial to making smaller, smarter chips of the future.

Nissan to install electronic "steer-by-wire" in Infiniti cars

YOKOSUKA, Japan (Reuters) - Japan's Nissan Motor Co plans to equip some of its luxury cars with a system to control steering electronically, rather than mechanically, the first time so-called "steer-by-wire" technology will be used in mass-produced vehicles.

Foxconn says underage workers used in China plant

TAIPEI (Reuters) - Foxconn Technology Group, the world's largest contract electronics maker, has acknowledged hiring teenagers as young as 14 in a Chinese factory, in breach of national law, in a case that raises further questions over its student intern program.

Apple sets October 23 event, smaller iPad expected

SAN FRANCISCO (Reuters) - Apple Inc on Tuesday invited members of the media to an event next week where it is expected to challenge rivals Amazon.com Inc and Google Inc with a less expensive and smaller version of its popular iPad tablet.

888 sees year earnings ahead of market view

LONDON (Reuters) - British online gaming company 888 Holdings said it expects its full year earnings to come in well ahead of market expectations, after a strong third quarter result.

Kaspersky plans software for securing nuclear plants

DUBAI (Reuters) - Russian anti-virus software company Kaspersky Lab is developing a secure operating system to run computers inside nuclear power plants and other vital infrastructure and industrial plants, its founder and CEO said on Tuesday.

Check Point Software Q4 forecast hits shares

TEL AVIV (Reuters) - Shares in computer security provider Check Point Software Technologies plunged on Wednesday after it issued a wider than usual range for fourth-quarter results forecasts, citing economic uncertainty.

Intel's outlook fails to inspire hopes for PC recovery

SAN FRANCISCO (Reuters) - Intel Corp's weak outlook for fourth-quarter revenue and margins dispelled lingering hopes for a revival in PC demand towards the end of the year, pushing its shares 2 percent lower.