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Thursday, May 1, 2014

Technology Report: Sony slashes profit forecast again, raising pressure on CEO

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05/1/2014
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Sony slashes profit forecast again, raising pressure on CEO
TOKYO (Reuters) - Sony Corp slashed its earnings guidance for the third time in a year on Thursday to barely 10 percent of its initial outlook as further losses from its PC exit cast a pall over its struggling electronics division.
Microsoft rescues XP users with emergency browser fix
BOSTON (Reuters) - Microsoft is helping the estimated hundreds of millions of customers still running Windows XP, which it stopped supporting earlier this month, by providing an emergency update to fix a critical bug in its Internet Explorer browser.
Verizon to FCC: Restrictions on airwaves auction are unjust
WASHINGTON (Reuters) - Verizon Communications Inc has urged U.S. regulators not to restrict how much it can buy in next year's auction of wireless spectrum, saying such a limit would subsidize the smallest national carriers and their foreign owners.
T-Mobile's discounted plans boost subscriber adds
(Reuters) - T-Mobile US Inc said it added a record number of customers in the first quarter, blowing past its competitors as the company's aggressive discounts lured in subscribers
EBay settles with U.S. over pact to not poach employees
WASHINGTON (Reuters) - The online commerce company eBay Inc has agreed to refrain from making deals with other technology companies to not poach each others' employees and by doing so limit workers' access to better jobs, U.S. authorities said on Thursday.
Telefonica sweetens offer to win EU approval for E-Plus deal
BRUSSELS (Reuters) - Telefonica Deutschland has sweetened its offer of concessions in order to win European Union approval for its planned takeover of KPN's E-Plus unit in Germany, a spokesman for the telecoms firm said.
India invites U.S. to discuss IP, market access after election
NEW DELHI (Reuters) - India said on Thursday it would hold trade talks on intellectual property rights with the United States after its general election, buying time to address friction over drug patents until a new government is formed.
Facebook lets users limit data shared with apps
SAN FRANCISCO (Reuters) - Facebook introduced new features on Wednesday that let users limit how much personal information they share with third-party mobile apps, a move meant to quell privacy concerns as the social network seeks to become a top entry port to the Internet.
Qualcomm spins off location awareness technology
SAN FRANCISCO (Reuters) - Qualcomm Inc is spinning off its location awareness technology, which is compatible with Apple Inc's iBeacon version, to a group of investors including music, sports and arena conglomerate AEG.
U.S. high court conflicted over Limelight Networks patent fight
WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday appeared unsure how to proceed in a dispute over whether Limelight Networks Inc infringed upon patented technology for managing Web images and video held by Akamai Technologies Inc.
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