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Friday, December 21, 2012

Technology Report: Analysis: Apple's swoon exposes risk lurking in mutual funds

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12/21/2012
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Analysis: Apple's swoon exposes risk lurking in mutual funds
NEW YORK (Reuters) - The nearly 28 percent decline in shares of Apple Inc since mid-September isn't just painful to individual shareholders. It's also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $705 per share.
RIM shares dive as fee changes catch market off guard
(Reuters) - Shares of BlackBerry maker Research In Motion Ltd dropped 20 percent on Friday on fears that a new fee structure for its high-margin services segment could put pressure on the business that has set the company apart from its competitors.
France extends deadline for publishers' talks with Google
PARIS (Reuters) - The French government said it would extend to the end of January the deadline for talks between Google Inc and the French press to settle a dispute over the search engine's links to online news articles.
EU charges Samsung with abusing vital telecoms patent
BRUSSELS (Reuters) - The European Commission charged Samsung Electronics on Friday with abusing its dominant position in seeking to bar rival Apple from using a patent deemed essential to mobile phone use.
Wells Fargo Web site troubles persist, U.S. OCC issues cyber alert
(Reuters) - Wells Fargo & Co customers on Friday had trouble accessing the bank's Web site for a fourth day, as a federal regulator reiterated the need for banks to have systems in place to ward off cyber attacks.
Google executives acquitted in Milan autism video case
MILAN (Reuters) - An Italy appeals court acquitted three Google executives of 2010 charges of having violated the privacy of an Italian boy with autism by letting a video of him being bullied be posted on the site in 2006.
Nokia patent deal with RIM to lift finances
HELSINKI (Reuters) - Struggling Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion in return for payments, as it tries to exploit its trove of technology patents to boost its dire finances.
Panasonic to appeal EU ruling on cathode-ray tube cartel
TOKYO (Reuters) - Japan's Panasonic Corp said on Friday that it would appeal a decision by the European Commission to fine it 252 million euros ($327 million) on charges of fixing prices for TV and computer monitor cathode-ray tubes along with five other companies.
BT ordered to repay overcharged communications providers
LONDON (Reuters) - BT Group PLC must repay its corporate customers after overcharging for ethernet services, the British market regulator Ofcom said on Friday.
Instagram retreats on some service terms after backlash
(Reuters) - Instagram, the popular photo-sharing service, has retreated from some but not all of the controversial changes in its terms of service that prompted a fierce backlash from users earlier this week.
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