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  • Internet governance debated in Brazil

    Associated Press - 1 hour 58 minutes ago

    SAO PAULO (AP) — An international two-day conference in Brazil came to a close Thursday night with a call for an effective, legitimate and evolving framework for Internet governance. More »Internet governance debated in Brazil

  • Google, Apple settle high-tech workers' lawsuit

    Associated Press - 4 hours ago

    SAN FRANCISCO (AP) — Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another. More »Google, Apple settle high-tech workers' lawsuit

  • Foxconn to decide fate of Indonesia project in October - source

    Reuters - 4 hours ago

    By Faith Hung TAIPEI (Reuters) - Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion (594 million pounds) manufacturing project in Indonesia after a new government takes office, a company source said on Thursday. Foxconn, a major supplier to Apple Inc, wants to expand beyond China, where its massive production base has come under fire from international labour groups after a series of suicides and accidents since 2010. It said in February it would submit a concrete proposal to Indonesia's government about the project within three months, but the company source said discussions with the Indonesian authorities had run into difficulties after inconclusive parliamentary elections in April. Indonesia is due to hold presidential elections in July and the new government will not take office until October. More »Foxconn to decide fate of Indonesia project in October - source

  • New Microsoft CEO Nadella impresses Wall Street, stresses challenges

    Reuters - 4 hours ago

    By Bill Rigby SEATTLE (Reuters) - Microsoft Corp's new chief executive on Thursday won rave reviews for his first public encounter with Wall Street analysts who said he communicated willingness to transform the world's largest software company as it scrambles to catch up in the mobile-computing era. Marking the first time in five years that a Microsoft chief executive joined a quarterly earnings conference call, veteran insider Satya Nadella, who took over the helm on February 4, said his first weeks in the new job were taken up with getting to know the company afresh. He said he is also dealing with the reality of the new tech marketplace in which Microsoft has ceded its market dominance to Apple Inc and Google Inc. "It is important and valuable to see the company with the fresh perspective, to get grounded both on our current realities and future opportunities," said Nadella. "What you can expect of Microsoft is courage in the face of reality; More »New Microsoft CEO Nadella impresses Wall Street, stresses challenges

  • Netflix makes deals to appear on first U.S. cable boxes

    Reuters - 5 hours ago

    By Lisa Richwine and Liana B. Baker LOS ANGELES/NEW YORK (Reuters) - Netflix Inc's streaming video subscription service will be integrated into TiVo Inc set-top boxes for customers of three of the smaller U.S. cable operators, the companies said on Thursday. The deals with Atlantic Broadband, Grande Communications and RCN Telecom Services are the first in the United States to bring Netflix as an app to cable set-top boxes. The arrangements make it easier for consumers to access Netflix movies and TV shows on their television sets because they don't have to switch to another device like an Apple TV or Roku box. More »Netflix makes deals to appear on first U.S. cable boxes

  • Netflix joining lineup of 3 US cable-TV services

    Associated Press - 5 hours ago

    SAN FRANCISCO (AP) — Netflix's Internet video service is about to join the programming lineup of three small cable-TV providers in the U.S., a breakthrough that acknowledges the growing popularity of online entertainment. More »Netflix joining lineup of 3 US cable-TV services

  • NTT DoCoMo to exit India, unload entire stake in Tata Teleservices - sources

    Reuters - 5 hours ago

    Japan's NTT DoCoMo Inc will unload its 26.5 percent stake in loss-making Indian mobile phone joint venture Tata Teleservices Ltd and exit the country as it struggles with tough price competition, sources familiar with the matter said on Friday. NTT DoCoMo will make a formal decision at a board meeting on Friday, the sources said. An NTT DoCoMo spokesman said the company was considering various options for its overseas operations but that nothing had been decided. Japan's top operator of mobile phone services is expected to book about 80 billion yen (464 million pounds) in related losses in the financial year ended on March 31, results of which are due to be announced at 3 p.m. (0700 BST), the sources said. More »NTT DoCoMo to exit India, unload entire stake in Tata Teleservices - sources

  • Amazon first-quarter profit up 18%

    Press Association - 5 hours ago

    Amazon's first-quarter profit has risen 18% as shoppers continue to flock to the online mega retailer to buy goods. More »Amazon first-quarter profit up 18%

  • Exclusive - Apple, Google agree to pay over $300 million to settle conspiracy lawsuit

    Reuters - 5 hours ago

    By Dan Levine SAN FRANCISCO (Reuters) - Four major tech companies including Apple and Google have agreed to pay a total of $324 million (192.8 million pounds) to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin. Tech workers filed a class action lawsuit against Apple Inc, Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to refrain from soliciting one another's employees in order to avert a salary war. The case has been closely watched due to the potentially high damages award and the opportunity to peek into the world of Silicon Valley's elite. The case was based largely on emails in which Apple's late co-founder Steve Jobs, former Google CEO Eric Schmidt and some of their Silicon Valley rivals hatched plans to avoid poaching each other's prized engineers. More »Exclusive - Apple, Google agree to pay over $300 million to settle conspiracy lawsuit

  • Amazon's revenue increases even as spending rises

    Reuters - 5 hours ago

    By Deepa Seetharaman SAN FRANCISCO (Reuters) - Amazon.com Inc's revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses. Amazon's international unit, which accounts for 40 percent of sales, continued to be a drag as sales growth slowed to 18 percent during the quarter. Global unit sales, a closely watched measure of how many items Amazon has sold, also decelerated, rising only 23 percent. "A lot of the things that we've done - making sure that we have the right pricing in place on behalf of the customers, making sure that our service levels are where we need them to be - those are the things we continue to work on in China," Chief Financial Officer Tom Szkutak said during a conference call. More »Amazon's revenue increases even as spending rises

  • Cloud strength boosts Microsoft

    Press Association - 5 hours ago

    Microsoft has posted earnings and revenue that beat Wall Street expectations i n Satya Nadella's first quarterly earnings release as chief executive , offering new justification for his focus on cloud computing. More »Cloud strength boosts Microsoft

  • Baidu forecasts stronger-than-expected second-quarter revenue

    Reuters - 5 hours ago

    Chinese Internet company Baidu Inc forecast better-than-expected revenue for the second quarter, sending shares up 5 percent in after-hours trading. Baidu said revenue in the second quarter will range between 11.820 billion yuan (1.130 billion pounds) and 12.110 billion yuan. Analysts polled by Thomson Reuters I/B/E/S were looking for second-quarter revenue of 11.573 billion yuan. Baidu said it saw strength in its core online search business during the first three months of the year and that it would continue to invest aggressively in its core business and in key strategic areas. More »Baidu forecasts stronger-than-expected second-quarter revenue

  • Chipmaker Synaptics rides popularity of fingerprint ID phones

    Reuters - 6 hours ago

    The growing popularity of using fingerprints to unlock mobile phones and other devices is expected to drive growth at Synaptics Inc, which makes the chips enabling the technology popularized by Apple Inc's iPhone 5S. Synaptics' chips for fingerprint ID and touchscreens are used in Samsung Electronics Co Ltd's Galaxy S5, and strong sales of the smartphone will help Synaptics post its strongest annual revenue growth since 2007. Synaptics could boast of a market share of as much as 80 percent in fingerprint recognition technology for the next few quarters as the S5 will be the dominant smartphone being shipped with the technology, Feltl & Co analyst Jeffrey Schreiner said. More »Chipmaker Synaptics rides popularity of fingerprint ID phones

  • Cloud strength helps Microsoft earnings top Street

    Associated Press - 6 hours ago

    LOS ANGELES (AP) — Results from Microsoft's first quarterly earnings release under new CEO Satya Nadella offered fresh justification for his focus on cloud computing. More »Cloud strength helps Microsoft earnings top Street

  • Sina shares fall after China strips its licence in web porn crackdown

    Reuters - 6 hours ago

    Chinese Internet firm Sina Corp has been stripped of its online publication licence after being targeted in a pornography crackdown, state media reported, prompting its share price to drop more than 7 percent. The licence revocation is the harshest punishment yet for a large Chinese Internet company in an intensifying online crackdown that is now targeting firms as well as individual web users. Twenty articles and four videos posted on Sina.com contained "lewd and pornographic content", the official Xinhua news agency said on Thursday, citing a statement by the National Office Against Pornographic and Illegal Publications. "As a result, the State Administration of Press, Publication, Radio, Film and Television revoked the company's two crucial licences on Internet publication and audio and video dissemination," Xinhua said. More »Sina shares fall after China strips its licence in web porn crackdown

  • Starbucks eyes soda and lunch as US sales climb

    Associated Press - 6 hours ago

    NEW YORK (AP) — Starbucks keeps finding ways to squeeze more money out of people. More »Starbucks eyes soda and lunch as US sales climb

  • Netflix sees competition down, fees up if Comcast, TWC combine

    Reuters - 6 hours ago

    By Diane Bartz WASHINGTON (Reuters) - Netflix Inc, which opposes the proposed Comcast deal to buy rival Time Warner Cable Inc, outlined on Thursday the ways it thinks competition will be hurt if the merger goes ahead, most notably in the extraction of "arbitrary tolls." The popular video streaming service responded in a letter to Senator Al Franken, a vocal critic of the deal, saying a combined Comcast Corp and TWC, would mean video providers would pay more to get their movies and television shows into viewers' living rooms. "Comcast is limiting the capacity of connections between its network and other networks, unless the network agrees to pay Comcast for access," Netflix Vice President Christopher Libertelli wrote in the letter to Franken, a Minnesota Democrat. In a response, Comcast accused Netflix of trying to shift the costs of its bandwidth-heavy business onto all Internet users rather than just Netflix users, and said it has many agreements similar to the one with Netflix. More »Netflix sees competition down, fees up if Comcast, TWC combine

  • Starbucks eyes US expansion as sales climb

    Associated Press - 6 hours ago

    NEW YORK (AP) — Starbucks keeps finding ways to squeeze more money out of people. More »Starbucks eyes US expansion as sales climb

  • Oregon moves to dump health exchange website

    Associated Press - 7 hours ago

    PORTLAND, Ore. (AP) — Oregon, once expected to be a national leader in the federal health care overhaul, on Thursday moved to become the first state to dump its troubled online health exchange and use the federal marketplace instead. More »Oregon moves to dump health exchange website

  • Internet industry seen as winner at global conference in Brazil

    Reuters - 7 hours ago

    By Esteban Israel SAO PAULO (Reuters) - Big Internet companies were the clear winners at a global conference hosted by Brazil on the future management of the Web where most participants agreed it should remain a self-regulated space free of government intervention. Convened by President Dilma Rousseff after revelations of U.S. surveillance undermined trust in the Internet, the NETmundial conference concluded that governments, companies, academics, technicians and users should all have a say in where to go next. That is exactly what companies such as Google or Facebook say is essential to spur innovation, expand the boundaries of the Internet and keep their businesses growing. "Our focus is on making sure the Net stays free and open," said Ross LaJeunesse, Google's head of international relations. More »Internet industry seen as winner at global conference in Brazil

  • Amazon 1st quarter net income jumps

    Associated Press - 7 hours ago

    NEW YORK (AP) — Amazon's first-quarter profit rose 18 percent as shoppers continued to flock to the online mega retailer to buy goods. More »Amazon 1st quarter net income jumps

  • Broadcom results beat forecasts but China hurts

    Reuters - 7 hours ago

    By Noel Randewich SAN FRANCISCO (Reuters) - Broadcom Corp beat Wall Street expectations in the first quarter, although profit and revenue were lower than a year earlier as the company's high-end chips for smartphones faced fierce competition in China. Underscoring those concerns, Broadcom's revenue guidance for the June quarter was slightly below some analyst expectations. Broadcom and other smartphone chipmakers must adjust as industry growth shifts away from North America toward China and other developing countries where consumers favour handsets selling for under $200 rather than top-tier devices like Apple's iPhone. Broadcom gets around half its revenues from mobile. More »Broadcom results beat forecasts but China hurts

  • Oregon panel recommends moving to federal exchange

    Associated Press - 8 hours ago

    PORTLAND, Ore. (AP) — Oregon, once expected to be a national leader in the federal health care overhaul, on Thursday moved to become the first state to dump its troubled online health exchange and use the federal marketplace instead. More »Oregon panel recommends moving to federal exchange

  • US proposes pay-for-priority Internet standards

    Associated Press - 8 hours ago

    LOS ANGELES (AP) — The nation's top telecoms regulator is proposing to allow a pay-for-priority fast lane on the Internet for movies, music and other services to get to people's homes. More »US proposes pay-for-priority Internet standards

  • US technology giants settle lawsuit

    Press Association - 8 hours ago

    Google, Apple, Intel and Adobe have settled a class-action lawsuit alleging they conspired to prevent their engineers and highly-sought technology workers from getting better job offers from one another. More »US technology giants settle lawsuit

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