Articles by Staff Reporter
Apple Seeks Quick Bans on Eight Samsung Phones
Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over its rival into a tangible business benefit.
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Apple Patent Victory Boosts Microsoft as Asian Vendors Scramble
Apple Inc's decisive triumph over Samsung Electronics in the most closely watched patent trial in years could open the door for Microsoft Corp to finally hop on board the mobile boom as manufacturers of Android-based smartphones and tablets weigh their legal risks.
Samsung Shares Drop $12 Billion After Apple's Court Victory
Samsung Electronics <005930.KS> shares slumped 7.5 percent on Monday, wiping more than $12 billion off the South Korean giant's market value, as a sweeping victory for Apple Inc
in a U.S. patent lawsuit raised concerns about its smartphone business - its biggest cash cow. Analysis: How Apple Overwhelmed Samsung's Patent Case Tactics
In August 2010, just a few months after Samsung Electronics launched its Galaxy smartphone, a team of Apple Inc lawyers flew to South Korea.
Analysis: Friend and Foe; Samsung, Apple Won't Want to Damage Parts Deal
While Samsung Electronics is reeling from a patent pounding by its smartphone rival Apple Inc, this is unlikely to damage the other part of their relationship - where Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad.
Nokia Jumps on Hopes It Can Cash in on Samsung Setback
Shares in mobile phone firm Nokia leapt 10 percent on Monday on hopes it can benefit from a setback to rival Samsung, which has lost a high-profile court case to Apple that could lead to an injunction against some of its products.
Facebook Co-Founder Moskovitz Sold Stock Post Lockup
Facebook Inc co-founder Dustin Moskovitz sold 450,000 Class A shares over the past three days, his second such sale since last Friday, becoming the latest insider to sell shares following the end of the lockup, according to a regulatory filing late on Friday evening.
Apple Triumphs Over Samsung in Landmark Patent Case
Apple Inc scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages.
Groupon Senior Sales Executive Leaving - Memo
Groupon Inc's Lee Brown, who oversees the daily deal company's national sales, has decided to leave, following other senior executives who left the company this year, according to an internal memo obtained by Reuters on Thursday.
Amazon Event on September 6 Sparks Kindle Speculation
Amazon.com Inc sent out invitations on Thursday to a September 6 press conference near Los Angeles, re-igniting speculation about possible new tablet devices from the world's largest Internet retailer.
UBS Says Nasdaq's Facebook Compensation Plan Inadequate
The $62 million compensation plan proposed by Nasdaq OMX Group for fallout from Facebook's botched IPO is "inadequate to address the magnitude of Nasdaq's unprecedented failures", UBS Securities LLC said in a letter to U.S. regulators.
Microsoft Rolls Out First New Logo in 25 Years
Microsoft Corp unveiled its first new logo in 25 years on Thursday as it looks to unify its branding ahead of a clutch of new product releases this year.
Seoul Court Rules Samsung Didn't Violate Apple Design
Samsung Electronics Co's flagship Galaxy smartphone looks very similar to Apple's iPhone, but the South Korean firm has not violated the iPhone design, a Seoul court ruled on Friday.
Apple Share of China Smartphone MKT Almost Halved in Q2 - IDC
Apple Inc's share of China's smartphone market almost halved to 10 percent in the second quarter as buyers waited for the next iPhone model - expected later this year - or switched brands, data from industry research firm IDC showed on Friday.
Analysis: In Apple VS. Samsung, Alchemy of Damages Takes the Stage
Between the hotshot designers and brainy engineers Apple Inc questioned for three weeks in the company's bitterly fought patent battle against Samsung Electronics Co Ltd, a marketing expert from MIT took Apple's lawyers all of three minutes.
Citigroup Slams Nasdaq's Facebook Compensation Plan
Citigroup slammed Nasdaq OMX Group Inc's plan to compensate firms harmed by Facebook's botched market debut to the tune of $62 million, saying in a regulatory filing the exchange should be liable for hundreds of millions more, according to a letter seen by Reuters.
Ancestry.com Bids Fall Short of Expectations: Sources
Bids submitted earlier this month by private equity firms for Ancestry.com, the family-history research website, have fallen short of the company's expectations, according to two people familiar with the matter.
California Jurors Get to Work in Apple VS. Samsung Trial
Nine jurors began deliberating on Wednesday in Apple Inc's high stakes patent lawsuit against Samsung Electronics Co Ltd, a process that could take several days due to the complex legal issues in play.
LG Says Started Production of New Screen, As Apple Plans Product Launch
Flat-screen maker LG Display has started mass production of a new and thinner display, widely speculated to be for use in Apple Inc's next iPhone, and the display's production schedule remains in line with customers' product release plans, LG's chief executive said.
FTC Clears Facebook's Acquisition of Instagram
The U.S. Federal Trade Commission cleared Facebook Inc's acquisition of Instagram, voting unanimously to close its antitrust investigation into the deal without taking any action.
HP Posts Mega-Loss After EDS Writedown
Hewlett-Packard Co swung to an $8.9 billion quarterly loss as personal computer sales shrank again and it swallowed a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp.
Comcast Losses Bid to Limit Class Action Case
In the latest test of U.S. class action limits, telecoms firm Comcast Corp. lost a bid on Tuesday to force a customer who filed an antitrust class action to arbitrate individually, when a judge ruled it would be too costly for the customer.
Barnes & Noble Loss Narrows, But Nook Device Sales Fall
Barnes & Noble Inc
said sales of its Nook e-reader device had fallen, sending its shares lower on Tuesday even as it reported a smaller-than-expected quarterly net loss. T-Mobile USA to Offer Unlimited Data Service Option
T-Mobile USA, the No. 4 U.S. mobile provider, will sell a new unlimited data service option to its customers for a monthly fee in a direct challenge to its bigger rival Sprint Nextel, the only other big U.S. provider selling unlimited services.
U.S. Looks into Claims of Security Flaw in Siemens Gear
The U.S. government is looking into claims by a cyber security researcher that flaws in software for specialized networking equipment from Siemens could enable hackers to attack power plants and other critical systems.
Apple, Foxconn Improve China Plants, But More to Do -Audit
Apple Inc and Foxconn have improved working conditions at Chinese factories that make most of the world's iPads and iPhones, according to auditors the firms enlisted to monitor the process, but tough tasks lie ahead.
Dell Brings on Ex-HP Executive to Spur Global Services
Dell Inc has hired a former Hewlett-Packard Co networking chief to help hasten its push into the global technology services market, sources familiar with the matter told Reuters.
