Olympus forecasts $412 million annual loss
Mon, 13 Feb 2012 02:05:51 -0500
TOKYO (Reuters) - Japan's Olympus Corp, which is trying to recover from an accounting scandal that battered its balance sheet, forecast a 32 billion yen ($412 million) full-year net loss on Monday, dragged down in large part by its ailing camera business.
Microsoft India store down after hackers apparently show user
Mon, 13 Feb 2012 01:20:47 -0500
NEW DELHI (Reuters) - Microsoft India's retail website was down on Monday after an apparent hack, with a purportedly Chinese group called Evil Shadow Team posting doctored screenshots that seemed to be of partially obscured customers' usernames and passwords.
Apple launches new legal attack on Samsung phones
Mon, 13 Feb 2012 00:51:07 -0500
(Reuters) - Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google's fast growing Android software, a move which may affect other Android phone makers.
Toymakers look to 80s, apps and Facebook for hits
Sun, 12 Feb 2012 17:14:41 -0500
NEW YORK (Reuters) - Coming off a year in which U.S. toy sales fell 2 percent, toymakers and buyers at the 109th American Toy Fair in New York are looking for the elusive runaway hit that failed to materialize in 2011.
Protests erupt across Europe against web piracy treaty
Sat, 11 Feb 2012 13:54:47 -0500
BERLIN/SOFIA (Reuters) - Tens of thousands of protesters took part in rallies across Europe on Saturday against an international anti-piracy agreement they fear will curb their freedom to download movies and music for free and encourage Internet surveillance.
Cupid targets the Fed with early Valentine tweets
Fri, 10 Feb 2012 20:35:49 -0500
(Reuters) - It isn't often you see the words "love", "romance", and "Federal Reserve" in the same sentence.
Google Wallet a security risk: researchers
Fri, 10 Feb 2012 19:19:49 -0500
NEW YORK (Reuters) - Security researchers said they found a vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp.
Apple sues Motorola Mobility over Qualcomm license
Fri, 10 Feb 2012 17:50:08 -0500
(Reuters) - Apple sued Motorola Mobility in a U.S. court on Friday in an attempt to stop Motorola from asserting some patent claims against Apple in Germany, according to the lawsuit.
Exclusive: Eyeing Yahoo deal, Alibaba may take HK unit private
Fri, 10 Feb 2012 12:15:16 -0500
HONG KONG (Reuters) - Chinese e-commerce group Alibaba plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses.
Alibaba's Ma faces big Yahoo test
Fri, 10 Feb 2012 04:33:22 -0500
SHANGHAI (Reuters) - If anyone can pull off the labyrinthine deal between Alibaba Group and Yahoo Inc, it's Jack Ma, who founded the e-commerce group and within a decade unlocked China's huge online shopping potential.
