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Monday, April 30, 2012

Technology Report: Microsoft eyes tablet lift via Barnes & Noble deal

Reuters » Technology Report
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04/30/2012
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Microsoft eyes tablet lift via Barnes & Noble deal
NEW YORK/SEATTLE (Reuters) - Microsoft Corp is jumping into the fast-growing e-books market by investing $300 million in Barnes & Noble Inc's Nook e-reader and college business, as it looks to unlock Amazon.com and Apple Inc's grip on the exploding tablet computer market.
Shareholder sues Google to block stock split
WILMINGTON, Delaware (Reuters) - Google Inc and its board were sued on Monday by a shareholder who wants to block the company's stock split plan because it entrenches the Web search company's co-founders Larry Page and Sergey Brin, according to court documents.
Falcone gets extension in LightSquared creditor talks
NEW YORK (Reuters) - Hedge fund manager Philip Falcone's LightSquared is avoiding a default for now on about $1.6 billion of debt after creditors of the upstart wireless telecom company agreed to extend negotiations for a week, source familiar with the matter said.
It's not a BlackBerry World anymore
ORLANDO, Florida (Reuters) - When Mike Lazaridis and Jim Balsillie were running Research In Motion, BlackBerry World was a chest-thumping celebration of RIM's successes and a showcase for the innovations that would assure its continued dominance.
Nokia in talks to sell luxury Vertu unit: source
LONDON (Reuters) - Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's most expensive mobile phones, a source familiar with the company's strategy said on Monday.
Russia, China on top copyright pirates list again-USTR
WASHINGTON (Reuters) - The United States on Monday again put Russia and China on its annual list of countries with the worst records of preventing the theft of copyrighted material and other intellectual property (IP), the U.S. Trade Representative's office said.
Hon Hai's plunge exposes poor end of Apple value chain
TAIPEI (Reuters) - Shares in Hon Hai Precision Industry Co Ltd took a beating on Monday after lackluster quarterly profits, in sharp contrast with the booming fortunes of its main client, Apple Inc, highlighting one of the main downsides of life as a maker of others' high-end products.
Social gifting: the new buzzword in e-commerce
(Reuters) - Last year, the buzzword in e-commerce was Groupon Inc and its myriad of competitors that offered daily online coupons to entice shoppers in a down economy. Now, the latest fashion in retail is social gifting, where people get together on Facebook to buy each other gifts.
ICANN to notify domain applicants of data breaches
LONDON (Reuters) - Organizations taking part in the most ambitious expansion of the Internet so far will find out next week whether their applications for new domain names could have been viewed by competitors as a result of a software bug.
Analysis: Even in emerging markets, Nokia's star is fading
NEW DELHI/HELSINKI (Reuters) - Nokia phones once took pride of place in Manish Khatri's Mumbai store, but now models made by Samsung Electronics get the limelight.
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