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Thursday, April 26, 2012

Technology Report: Zynga reports $85 million quarterly loss

Reuters » Technology Report
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04/26/2012
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Zynga reports $85 million quarterly loss
SAN FRANCISCO (Reuters) - Zynga Inc posted a first-quarter loss of $85 million, or 12 cents a share.
Google disputes FCC claims of obstruction
SAN FRANCISCO (Reuters) - Google said it would have been of little help to U.S. regulators to give them access to the engineer who wrote a computer program that let its Street View cars collect emails, passwords and other personal data from people's home wireless networks.
Trimble Navigation to buy Google's SketchUp
(Reuters) - Trimble Navigation Ltd has agreed to buy SketchUp 3D modeling platform from Google Inc for an undisclosed price, the companies said.
Smartphones to lift Samsung to record $5 billion profit
SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, will report record quarterly operating profit of around $5 billion later on Friday on soaring sales of its Galaxy smartphones and as South Korean firms outmuscle Japanese rivals in TVs and memory chips.
Apple's growth hinges on China, new devices
SAN FRANCISCO (Reuters) - Sometimes even eye-popping results are not enough.
FTC taps outside counsel for Google antitrust probe
SAN FRANCISCO (Reuters) - The Federal Trade Commission has hired outside counsel to run its antitrust investigation into Google Inc, the chairman of the commission said on Thursday.
Google trial docs show plans for growth past search
(Reuters) - Google Inc projected in 2010 it would get more than 35 percent of its 2013 revenue from outside its flagship search operation, anticipating three non-search businesses, including commerce, would generate more than $5 billion each, according to internal company documents filed in court.
Samsung says new Galaxy phone to use its quad-core processor
SEOUL (Reuters) - Samsung Electronics Co said on Thursday it would mass-produce its faster, energy-saving quad-core mobile microprocessor to power the third generation of its flagship Galaxy S smartphone, due to be unveiled next week.
SK hynix still reviewing Elpida, posts 3rd quarterly loss
SEOUL (Reuters) - SK hynix Semiconductor Inc, the world's No.2 computer memory chip maker, is still reviewing the books of Japan's Elpida Memory Inc for a possible bid, the South Korean firm said after reporting a worse-than-expected quarterly loss.
Acer upbeat on outlook despite challenges ahead
TAIPEI (Reuters) - Taiwan's Acer Inc gave an upbeat outlook for the second half, betting on the launch of Microsoft's new Windows system and more slimline ultrabook computers as it continues to recover from a series of losses and a management shakeup.
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