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Daily Current Technology News - Reuter's Technology News
Wed, 23 Apr 2014 11:17:10 GMT
China's Huawei to spend $300 million on global marketing in 2014
Wed, 23 Apr 2014 11:10:37 GMT(Reuters) - Huawei Technologies Co Ltd, the world's third-biggest smartphone manufacturer, plans to spend $300 million on global marketing in 2014, a senior executive said on Wednesday.
Chip designer ARM sees smartphone recovery in second half
Wed, 23 Apr 2014 10:02:41 GMTLONDON (Reuters) - ARM Holdings, whose chip technology powers Apple's iPhone, said demand for smartphones would pick up in the second half after a disappointing end to 2013 resulted in first-quarter profit rising less than in previous years.
Huawei says reports of NSA spying won't impact growth
Wed, 23 Apr 2014 07:37:24 GMTSHENZHEN, China (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, on Wednesday shrugged off analysts' concerns that its growth will suffer from media reports alleging the United States accessed servers at its Shenzhen headquarters.
Brazilian Congress passes Internet bill of rights
Wed, 23 Apr 2014 01:19:05 GMTBRASILIA (Reuters) - Brazil's Senate unanimously approved groundbreaking legislation on Tuesday that guarantees equal access to the Internet and protects the privacy of Brazilian users in the wake of U.S. spying revelations.
Chipmaker Skyworks forecasts upbeat quarter; shares up 12 pecrent
Tue, 22 Apr 2014 22:51:25 GMT(Reuters) - Chipmaker Skyworks Solutions Inc's second-quarter results and current-quarter forecast beat Wall Street estimates, helped by strong sales of chips used to connect machines to the Internet.
Music video hub Vevo monthly viewership up nearly 50 percent to 6 billion
Tue, 22 Apr 2014 22:37:38 GMTMIAMI (Reuters) - Vevo, the online music video hub that is a joint venture of two of the world's biggest music labels, has seen a nearly 50 percent increase in the number of music videos streamed each month from its platform, the company's top executive said on Tuesday.
VMware revenue beats estimates, but shares dip on sales delays
Tue, 22 Apr 2014 22:32:30 GMT(Reuters) - Virtualization software maker VMware Inc reported better-than-expected first-quarter revenue and forecast current-quarter revenue largely above analysts' average estimate as more customers opt for its cloud infrastructure services.
AOL chief communications officer leaves after one year
Tue, 22 Apr 2014 21:56:12 GMT(Reuters) - AOL head of communications Peter Land left the company on Tuesday after a year working there, marking the latest public relations executive to depart the company.
Lytro unveils a more sophisticated 'light-field' camera
Tue, 22 Apr 2014 21:49:20 GMTSAN FRANCISCO (Reuters) - In 2011, Lytro Inc dazzled the consumer gadget world when it introduced a pocket flashlight-sized gizmo that could take "living" pictures - images that could be refocused after the shutter clicked.
Greenlight Capital down 1.5 percent in first-quarter, warns of second 'tech bubble'
Tue, 22 Apr 2014 21:27:58 GMT(Reuters) - David Einhorn's Greenlight Capital Inc closed the firm's money-losing short position in Chipotle Mexican Grill Inc, the $10 billion hedge fund said in a letter to clients on Tuesday, and the firm has started shorting a group of momentum stocks that he did not identify.
Brazil conference will plot Internet's future post NSA spying
Tue, 22 Apr 2014 21:20:52 GMTSAO PAULO/BRASILIA (Reuters) - A global conference in Brazil on the future of the Internet in the wake of U.S. spying revelations might be much less anti-American than first thought after Washington said it was willing to loosen its control over the Web.
Netflix price hikes seen boosting global expansion
Tue, 22 Apr 2014 19:50:57 GMT(Reuters) - Netflix Inc's planned price hikes will allow the video streaming company to increase spending on original content that will help attract more customers globally, analysts said, as many of them raised their price targets on the stock.
Orange cuts broadband tariffs in Spain
Tue, 22 Apr 2014 16:45:52 GMTMADRID (Reuters) - The Spanish division of French telecoms group Orange said it would cut the price of a package that includes broadband and fixed calls by 23 percent to 38.10 euros ($52.56) per month.
AT&T partners with Chernin Group in online video venture
Tue, 22 Apr 2014 16:00:32 GMTNEW YORK (Reuters) - AT&T Inc said Tuesday it would partner with The Chernin Group media holding company to invest $500 million in a joint venture for web-based video services, making it the latest company aiming to tap the growing consumer demand for online video.
Saudi watchdog to regulate homegrown YouTube shows: newspaper
Tue, 22 Apr 2014 15:13:04 GMTDUBAI (Reuters) - Saudi Arabia plans to regulate local companies that screen shows on YouTube, a senior official was quoted as saying in local media on Tuesday - a move that could stifle its nascent creative industries.
IBM, Atos, HP looking at Lufthansa IT infrastructure unit: source
Tue, 22 Apr 2014 14:44:23 GMTFRANKFURT (Reuters) - Lufthansa's IT infrastructure business, which the airline is trying to sell, is drawing interest from big IT groups IBM, Hewlett-Packard and France's Atos, a source familiar with the matter told Reuters.
Bland Theft Auto: China censorship weighs on games consoles
Tue, 22 Apr 2014 14:32:20 GMTBEIJING (Reuters) - China has fully lifted a 14-year ban on selling video game consoles, but foreign console makers hoping to make a killing in a potentially huge new market will first have to find a way around the country's onerous censorship rules.
China Mobile books lowest quarterly profit in five years as apps sap revenue
Tue, 22 Apr 2014 10:31:46 GMTBEIJING (Reuters) - China Mobile Ltd booked its lowest quarterly profit in five years as the world's biggest mobile carrier by subscribers struggled to compete with mobile Internet applications offering services such as messaging.
Insight: At Mt. Gox bitcoin hub, 'geek' CEO sought both control and escape
Tue, 22 Apr 2014 04:56:06 GMT(This story changes Mandalah description in the 30th paragraph, company name in
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