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Monday, June 3, 2013

Technology Report: In e-books trial, U.S. says Apple conspired with publishers

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06/3/2013
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
In e-books trial, U.S. says Apple conspired with publishers
NEW YORK (Reuters) - Apple Inc conspired with publishers to raise the price of e-books in a scheme costing consumers "hundreds of millions of dollars," a U.S. government lawyer said Monday.
Zynga slashes work force by a fifth, warns on bookings
SAN FRANCISCO (Reuters) - Zynga Inc, the game maker that has been struggling to retain players, announced on Monday its most dramatic cost-cutting measure to date, with a plan to slash nearly one-fifth of its work force.
Fidelity Contrafund cut Apple stake by 9 percent in April
BOSTON (Reuters) - Fidelity Investments' Contrafund, the largest active shareholder in Apple Inc, cut its stake in the iPad and iPhone maker by a further 9 percent in April after expressing concern about heightened competition from rivals.
Apple signs deal with Warner for streaming music: reports
SAN FRANCISCO (Reuters) - Apple Inc has signed an agreement with Warner Music Group for music licenses in a push to create a streaming music service to unveil at a conference of its developers next week, the New York Times and Wall Street Journal reported on Monday, citing anonymous sources.
Primark ties up with ASOS for foray into online sales
(Reuters) - Britain's Primark has tied up with online fashion merchant ASOS to sell clothes over the Internet, as the discount apparel chain tries Web-based retailing for the first time.
New rule lets Canadians cancel wireless contracts after two years
OTTAWA (Reuters) - Canadians will be able to cancel their cellphone contracts after two years without penalty, instead of the three years that is the industry standard now, under a mandatory wireless code announced by the country's telecom watchdog on Monday.
New apps give users a world of languages in their pocket
TORONTO (Reuters) - New apps are aiming to make traveling in a foreign country easier by putting translation tools in tourists' pockets, makers of the devices said on Monday.
Hon Hai working on new devices, applications for Mozilla's Firefox
TAIPEI (Reuters) - Hon Hai Precision Industry Co Ltd aims to extend its business to provide devices and applications that build on Mozilla's Firefox operating system in a bid to diversify away from the company's core contract manufacturing business that yields low margins.
Online demand boosts market for rarest books, expert says
HAY-ON-WYE, Wales (Reuters) - Prices of the rarest books are rising as the Internet drives the trade off dusty shelves and into the digital age, a leading expert said this weekend.
Justices agree to hear Lexmark false advertising case
WASHINGTON (Reuters) - The Supreme Court on Monday agreed to hear printer manufacturer Lexmark International Inc's appeal of a long-running dispute with Static Control Components Inc over replacement toner cartridges.
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