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Monday, April 8, 2013

Technology Report: Ericsson to buy Microsoft IPTV business

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04/8/2013
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Ericsson to buy Microsoft IPTV business
STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft Corp's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet, making it the world's leader in a growing business.
U.S. business groups worried by cybersecurity law aimed at China
WASHINGTON (Reuters) - The U.S.-China Business Council on Monday criticized a new law aimed at thwarting cyber attacks by discouraging the Justice Department and several other government agencies from buying information technology systems from China.
UAE telco Etisalat says unblocks Skype website
DUBAI (Reuters) - The United Arab Emirates' top telecom operator Etisalat has stopped blocking the website of Skype, the world's No.1 internet-based phone call provider, although the move could put further pressure on the state-controlled firm's revenue.
HTC posts record-low quarterly profit after delayed phone launch
TAIPEI (Reuters) - HTC Corp reported a record-low quarterly profit on Monday that missed analysts' estimates after it delayed the full launch of its 2013 flagship smartphone model, which will now debut against Samsung Electronics' newest Galaxy.
China's Tencent says fees for mobile chatting app unlikely: radio
BEIJING (Reuters) - Tencent Holdings is unlikely to charge any fees for the use of its popular mobile chatting application, its chief executive was quoted as saying, after a cabinet minister caused an uproar by saying users might have to pay fees in future.
Tech upstarts threaten TV broadcast model
(Reuters) - Two fledgling technologies could dramatically reshape the $60 billion-a-year television broadcast industry as they challenge the business model that has helped keep broadcasters on the lucrative end of the media spectrum.
Icahn refuses to drop proxy fight option: WSJ
(Reuters) - Billionaire investor Carl Icahn is refusing to drop the option of a proxy fight to force Dell Inc to pay a big dividend, in spite of the board committee's request that he drop his threats and launch a formal bid for the company, the Wall Street Journal reported.
Exclusive: Former News Corp President Chernin bids $500 million for Hulu
LOS ANGELES/NEW YORK (Reuters) - Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
THL to buy IT services company CompuCom for $1.1 billion - source
NEW YORK (Reuters) - IT outsourcing company CompuCom Systems Inc said Monday it is being bought by private equity firm Thomas H. Lee Partners, and a source close to the matter said the price tag will be $1.1 billion.
ITC judge says Samsung infringes key part of Apple patent
WASHINGTON (Reuters) - Samsung Electronics Co Ltd infringed a key portion of an Apple Inc patent by including a text-selection feature in its smartphones and tablets, an International Trade Commission judge said in a preliminary decision.
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