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  • Semiconductor tool maker ASML cuts first-half sales forecast

    Reuters - Wed, Apr 16, 2014

    By Anthony Deutsch and Sara Ledwith AMSTERDAM (Reuters) - ASML, the world's biggest manufacturer of tools for semiconductor chip makers, trimmed its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers. The Dutch firm said it expected sales of 3 billion euros (2.5 billion pounds) in the first half of its fiscal year, including sales of extreme ultraviolet (EUV) systems, which will enable chipmakers to produce smaller, more powerful semiconductor wafers. ASML had previously forecast sales of 3 billion euros excluding the EUV systems. Each EUV system typically sells for about 60 million euros and the firm has said it expects to book revenue for two systems in the first half. More »Semiconductor tool maker ASML cuts first-half sales forecast

  • Mt. Gox headed for bankruptcy, not rehabilitation

    Associated Press - Wed, Apr 16, 2014

    TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for dissolution after a court rejected its bankruptcy protection application. More »Mt. Gox headed for bankruptcy, not rehabilitation

  • Tencent launches Candy Crush game in China

    Reuters - Wed, Apr 16, 2014

    Chinese tech giant Tencent Holdings Ltd will launch a Chinese version of King Digital Entertainment Plc's explosively popular "Candy Crush Saga" game in China, as the UK-based mobile games maker looks to woo new users to support flagging sales in the United States and Europe. The web-based game, which involves lining up colourful candies, will roll out through Tencent's Mobile QQ and Weixin platforms. "Tencent has the largest mobile social network in China," King Digital Chief Executive Riccardo Zacconi said in a statement, adding that he hoped the tie-up would make Candy Crush "as popular in China as in the rest of the world". More »Tencent launches Candy Crush game in China

  • New #WatchOnSky means anyone can watch or record a show straight from Twitter

    Pocket-lint - Wed, Apr 16, 2014

    Sky has just announced a clever new service that uses Twitter for one click recording or watching of Sky, directly from a tweet. Using #WatchOnSky in a tweet from Sky means a user can click into it and be given the option of how to watch it. From within Twitter "Watch" and "Record" options allow the user to watch the show directly on Sky Go from their mobile or laptop, or set it to record at home on their Sky+ box. Luke Bradley-Jones, brand director, TV products, Sky says: "#WatchOnSky is another brilliantly simple way for our customers to find and watch the shows everyone is talking about. More »New #WatchOnSky means anyone can watch or record a show straight from Twitter

  • LaCie discloses details about year-long security breach

    The Verge - Wed, Apr 16, 2014

    Computer hardware company LaCie is warning customers who have made transactions between March 27th, 2013 and March 10th, 2014 that their personal data may have been compromised. According to a statement released by the company, customer names, addresses, email addresses, payment card numbers, card expiration numbers and passwords could be at risk. LaCie's disclosure of the year-long security breach came a month after Krebs on Security published evidence of the attack. Brian Krebs wrote extensively about "a botnet of hacked e-commerce sites" created using Adobe ColdFusion vulnerabilities. More »LaCie discloses details about year-long security breach

  • Google Glass Gets New XE16 KitKat Update with Bluetooth 4.0 Low Energy

    IB Times - Wed, Apr 16, 2014

    Google has finally rolled out the long awaited XE16 KitKat update for Google Glass with a host of new features including Bluetooth 4.0 Low Energy, Photo Bundles, Photo sharing in Hangouts, new boot animation and voice commands. According to Android Central, Google Glass users will be first updated to XE 12.1 which is the base firmware that essentially lays the platform for the big XE16 update. As XDA Developers reports, the captured OTA update links from XE12 to XE12.1 and from XE12.1 to XE16 are now available, thanks to XDA Recognised Contributor TheManii. Those who missed the OTA update notification can still manually install the latest XE16 update on Google Glass via stock firmware thread on XDA Developers forum. More »Google Glass Gets New XE16 KitKat Update with Bluetooth 4.0 Low Energy

  • Windows Phone 8.1 GDR2 to Support 2K Resolution and Snapdragon 805

    IB Times - Wed, Apr 16, 2014

    New features about the Windows Phone 8.1 GDR2 have been surfaced online, ahead of its public release. Last week, WPCentral had confirmed that Microsoft is planning for two more updates to Windows Phone 8.1, internally known as General Distribution Releases or, GDRs. More »Windows Phone 8.1 GDR2 to Support 2K Resolution and Snapdragon 805

  • Samsung Galaxy S5 outsells the S4 by double on its first day

    Pocket-lint - Wed, Apr 16, 2014

    The Samsung Galaxy S5 is an official success as it's sold double the number of handsets the Galaxy S4 did on its first day. According to Phones 4u the number of Samsung Galaxy S5 handsets sold on the day of release, 11 April, was a record. The Samsung Galaxy S5, with fingerprint reader and heart rate sensor, was an interesting release as some said the extras were unnecessary. Carphone Warehouse also reports record breaking sales: "Sales for the new Samsung smartphone are up 150 per cent since launch day versus sales for the Samsung Galaxy S4 over the same period last year." More »Samsung Galaxy S5 outsells the S4 by double on its first day

  • Wondering where to get content for a new 4K TV? Sony's FMP-X10 4K Ultra HD Media Player coming s …

    Pocket-lint - Wed, Apr 16, 2014

    Sony has revealed that its large range of 4K TVs launched at CES in January this year are now available for pre-order in the US. And has announced a new version of its 4K Ultra HD Media Player to provide native content for them. The Sony FMP-X10 replaces the FMP-X1 released last year and it gives users the ability to download, stream and store hundreds of films and TV shows from Sony's own Video Unlimited 4K service. The Media Player has 1TB of built-in storage and supports Sony's Triluminos Color technology. More »Wondering where to get content for a new 4K TV? Sony's FMP-X10 4K Ultra HD Media Player coming summer

  • Samsung executive says Galaxy S5 to outsell S4, sees second-quarter rollout for Tizen phone

    Reuters - Wed, Apr 16, 2014

    By Miyoung Kim and Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's new Galaxy S5 smartphone should outsell its predecessor and defy predictions that the South Korean titan's latest model will struggle in a tough market for high-end handsets, a top executive said. The world's biggest smartphone maker has slashed prices of the S5, which rolled out globally on Friday, offered a gift pack worth $600 (358.72 pounds), and more than doubled the number of initial launching countries to 125 in a bid to sustain growth in the mobile business, which generates 70 percent of its total profit. A smooth launch is crucial for Samsung, which reported its second straight quarter of profit decline earlier this month as margins in the key smartphone business come under growing pressure from cheaper Chinese rivals. "(The S5) is selling faster than the S4 so far, though it's difficult to share specific numbers as we're still at early stages," Yoon Han-kil, senior vice president of Samsung's product strategy team, told Reuters in an interview. More »Samsung executive says Galaxy S5 to outsell S4, sees second-quarter rollout for Tizen phone

  • China e-commerce giant Alibaba seen filing for U.S. IPO next week - sources

    Reuters - Wed, Apr 16, 2014

    HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm. Alibaba's documents could be filed as soon as Monday, added the sources, who couldn't be named because the plans aren't yet public. The IPO could be worth more than $16 billion (9 billion pounds), surpassing the previous record for a technology share sale set by Facebook Inc in 2012, Reuters previously reported. ... More »China e-commerce giant Alibaba seen filing for U.S. IPO next week - sources

  • China's Baidu launches mobile payment app

    Reuters - Wed, Apr 16, 2014

    SHANGHAI (Reuters) - Baidu Inc, China's leading internet search provider, has launched a mobile payment and wealth management platform after its main domestic rivals launched similar products. Alibaba Group Holding Ltd, through its mobile payment arm, Alipay, launched Alipay Wallet in January 2013, which included a money-market investment product, Yu'e Bao, marketed as a high-yielding substitute for traditional bank deposits. Tencent followed in August with WeChat Payment, a payment and investment platform linked to its popular WeChat mobile messaging app. ... More »China's Baidu launches mobile payment app

  • San Francisco considers ending rental ban

    Associated Press - Wed, Apr 16, 2014

    San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper ... More »San Francisco considers ending rental ban

  • Wireless industry makes anti-theft commitment

    Associated Press - Wed, Apr 16, 2014

    SAN FRANCISCO (AP) — A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft. More »Wireless industry makes anti-theft commitment

  • Intel reports lower 1Q net income, higher revenue

    Associated Press - Wed, Apr 16, 2014

    NEW YORK (AP) — Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services. More »Intel reports lower 1Q net income, higher revenue

  • Yahoo's 1Q highlighted by Alibaba, modest ad gains

    Associated Press - Wed, Apr 16, 2014

    SAN FRANCISCO (AP) — Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer. More »Yahoo's 1Q highlighted by Alibaba, modest ad gains

  • Google I/O registration is now open until Friday, but you won't know if you're in until 21 A …

    Pocket-lint - Wed, Apr 16, 2014

    Starting today at 4 PM PDT, you can register to attend Google I/O. But that doesn't mean you are guaranteed admittance. Google uses its Google I/O developer conference to make several product announcements. Google revealed in February that it would live-stream Google I/O, as well as make big changes to the registration process. Google said it will then randomly select and notify applicants. More »Google I/O registration is now open until Friday, but you won't know if you're in until 21 April

  • Yahoo sees flat second-quarter as revenue growth remains elusive

    Reuters - Tue, Apr 15, 2014

    SAN FRANCISCO (Reuters) - Yahoo Inc on Tuesday forecast second-quarter revenue, excluding traffic acquisition costs, of $1.06 billion (633.59 million pounds) to $1.1 billion, in line with expectations for about $1.08 billion. That is roughly flat from the $1.07 billion in revenue that Yahoo posted in the same quarter of 2013. (Reporting by Alexei Oreskovic. Editing by Andre Grenon) More »Yahoo sees flat second-quarter as revenue growth remains elusive

  • Alibaba's growth quickens in time for landmark U.S. IPO

    Reuters - Tue, Apr 15, 2014

    By Edwin Chan SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd accelerated revenue growth in the crucial fourth quarter, the company reported on Tuesday, a timely lift for the Chinese Internet company as it prepares for a highly anticipated public offering. Alibaba's resurgence helped lift shares in Yahoo Inc, which owns about 24 percent of the Chinese company and is highly sensitive to Alibaba's growth prospects and valuation. China's largest Internet company, which is racing to prepare for the largest U.S. IPO since Facebook Inc's 2012 coming-out party, recorded 66 percent growth in sales to $3.06 billion (1.82 billion pounds) in 2013's final three months. Its listing is the most highly anticipated of what's expected to be a record year for U.S. tech debuts, spurred on by Twitter Inc's successful 2013 IPO. More »Alibaba's growth quickens in time for landmark U.S. IPO

  • Apple cannot escape U.S. states' e-book antitrust cases - judge

    Reuters - Tue, Apr 15, 2014

    By Nate Raymond NEW YORK (Reuters) - Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with five major publishers to fix e-book prices. U.S. District Judge Denise Cote's ruling paves the way for attorneys general in 33 states and territories to move forward, along with attorneys for consumers, in pursuing hundreds of millions of dollars in damages at a July 14 trial. Following a non-jury trial, Cote in July found that Apple from 2009 to 2010 conspired with the publishers to raise e-book prices and impede competitors such as Amazon.com Inc. The states had pursued the liability finding alongside the U.S. Justice Department without any objection by Apple and obtained a subsequent injunction against the iPad maker in September that called for the appointment of a compliance monitor. But as the case moved into a damages phase, Apple argued that the states lacked standing to maintain an action for damages, arguing they had not alleged they had suffered any injury. More »Apple cannot escape U.S. states' e-book antitrust cases - judge

  • Keep Steve Jobs' personality out of trial - tech companies

    Reuters - Tue, Apr 15, 2014

    By Dan Levine SAN FRANCISCO (Reuters) - Witnesses at an upcoming trial over no-hire agreements in Silicon Valley should not be allowed to offer evidence that Apple co-founder Steve Jobs was "a bully," four major tech companies argued in a court filing. Tech workers filed a class action lawsuit against Apple Inc, Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to avoid competing for each other's employees in order to avert a salary war. The case, which is closely watched in Silicon Valley, is largely built on emails among top executives, including late Apple Chief Executive Steve Jobs and former Google CEO Eric Schmidt. More »Keep Steve Jobs' personality out of trial - tech companies

  • Twitter buys social data provider Gnip, stock soars

    Reuters - Tue, Apr 15, 2014

    Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signalling that it would take on a new role of packaging and selling data, a service in demand by business and government. The social media company said separately that it hired a Google executive to lead its consumer product development, filling a position that had been vacant since January. Investors reacted positively to the news, sending Twitter shares up more than 11 percent, the biggest gain since the day it went public in November. Twitter said in a blog post that the Gnip deal allowed it to burrow more deeply into the 500 million tweets sent daily on its network. More »Twitter buys social data provider Gnip, stock soars

  • Reddit boosts news capabilities in social media turf grab

    Reuters - Tue, Apr 15, 2014

    By Jennifer Saba NEW YORK (Reuters) - Reddit, a website with a retro-'90s look and space-alien mascot that tracks everything from online news to celebrity Q&As, is going after more eyeballs, and advertising, by allowing members of its passionate community to post their own news more quickly and easily. Reddit, majority owned by Conde Nast parent Advanced Publications, last month rolled out a new feature that lets users of the nine-year-old site post live updates, allowing them to report in real time. The live updates allow selected users, dubbed "reporters" by Reddit, to instantly stream unlimited posts during the course of an event such as the conflict in the Ukraine, an earthquake in Los Angeles, or a game played in real time, without having to refresh the page. "Reddit members are doing amazing things with very minimal tools and were hitting some barriers," said Erik Martin, general manager. More »Reddit boosts news capabilities in social media turf grab

  • Yahoo's 1Q lifted by Alibaba, modest ad progress

    Associated Press - Tue, Apr 15, 2014

    SAN FRANCISCO (AP) — Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up under CEO Marissa Mayer, if ever so slightly. More »Yahoo's 1Q lifted by Alibaba, modest ad progress

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