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Technology Report: Samsung drops attempt to ban Apple sales in Europe

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12/18/2012
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
Samsung drops attempt to ban Apple sales in Europe
STOCKHOLM (Reuters) - Korea's Samsung Electronics on Tuesday said it would drop law suits aimed at banning the sale of Apple Inc. products in Europe just a day after scoring a victory in a battle in the United States with the maker of iPhones.
Oracle software sales, profit beat forecasts
BOSTON (Reuters) - Oracle Corp's quarterly profit beat Wall Street expectations on strong software sales growth, suggesting that the approach of the "fiscal cliff" has yet to crimp corporate spending on technology.
EU's Almunia sets deadline for Google antitrust plan
BRUSSELS (Reuters) - The European Union set Google an ultimatum on Tuesday, giving it a month to come up with detailed proposals to resolve a two-year investigation into complaints that it used its power to block rivals, including Microsoft.
Analysis: Lumia sell-out no proof of Nokia turnaround
HELSINKI (Reuters) - It's too soon to bet that Nokia's on the road to recovery after its new Lumia smartphones were sold out in many stores across Europe and America, as retailers say supplies have been short ever since their launch.
Microsoft, Motorola millions apart on royalty payment case
SEATTLE (Reuters) - Microsoft Corp and Google Inc's Motorola phone unit remain millions of dollars apart in their respective valuations of video and wi-fi patents at issue in a pivotal case before a federal judge in Seattle.
Nielsen to buy Arbitron, forming TV, radio rating giant
(Reuters) - Nielsen Holdings NV, the largest provider of television viewership ratings, will now dominate radio listening ratings as well.
Clearwire, Sprint set up $120 million breakup fee
(Reuters) - Sprint Corp promised to pay Clearwire Corp a $120 million breakup fee if its $2.2 billion purchase of roughly half of the smaller wireless service provider does not go ahead.
FactSet forecasts second-quarter results largely below estimates, shares fall
(Reuters) - FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs.
GT Advanced forecasts loss on tight financing in solar, LED markets
(Reuters) - GT Advanced Technologies Inc, a maker of solar and LED equipment, said it expects to report a loss for the fourth quarter as its customers struggle with limited access to new capital, sending its shares down as much as 17 percent.
U.S. could wrap up Google probe this week: sources
WASHINGTON (Reuters) - U.S. regulators this week could drop their investigation of how Google ranks certain searches, without requiring any major changes in how the online giant does business, according to two people knowledgeable about the investigation.
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