Reuters: Technology News: Nokia to buy Siemens' stake in NSN for 1.7 billion euros

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Nokia to buy Siemens' stake in NSN for 1.7 billion euros Jul 1st 2013, 04:23 The logo of the telecommunications services company Nokia Siemens Networks is pictured on top their office in Berlin October 9, 2012. Credit: Reuters/Fabrizio Bensch

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Reuters: Technology News: Judge scrutinizes Facebook deal to end privacy lawsuit over ads

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Judge scrutinizes Facebook deal to end privacy lawsuit over ads Jun 28th 2013, 21:00 By Dan Levine SAN FRANCISCO | Fri Jun 28, 2013 5:00pm EDT SAN FRANCISCO (Reuters) - Child rights advocates tried to convince a U.S. judge on Friday that a Facebook legal settlement did not go far enough to keep content created by minors out of the hands of advertisers. Five plaintiffs filed a proposed class action against Facebook in 2011, saying the social networking giant's "Sponsored Stories" program shared user's "likes" of certain advertisers without paying them or allowing them to opt out. The case has highlighted tension between privacy concerns and Facebook's drive to monetize user content. Under the terms of a proposed settlement, Facebook will pay $20 million to compensate class members, and promised to give users more control over how their content is shared - changes which plaintiff lawyers estimate to be worth up to $145 million. Facebook charged advertisers nearly $234 million for Sponsored Stories between January 2011 and August 2012, court filings show. U.S. District Judge Richard Seeborg in San Francisco preliminarily approved the settlement last year, but he still must give it a final sign-off." At a hearing on Friday, Children's Advocacy Institute attorney Robert Fellmeth told Seeborg that no minors should have their content shared with advertisers. Seeborg did not say how he would rule, but said his role is only to say if the settlement is fair. "My function here is not to craft the perfect policy for minors," Seeborg said. Earlier this month, Facebook announced a retooling of its advertising product offerings and eliminated the term "Sponsored Stories," though the company can still share its members likes of different products. Facebook attorney Michael Rhodes said in court on Friday that the legal settlement would still cover those types of advertising practices. Under the deal, impacted Facebook users can claim a cash payment of around $10 each to be paid from the settlement fund, and plaintiff lawyers are seeking $7.5 million in fees. Any money remaining would then go to charity. Seeborg called the $145 million valuation of changes to Facebook's site "highly speculative." However, plaintiff lawyer Robert Arns said the changes were very significant. "We think it sets a new standard for all social media sites in the U.S.," Arns said. The case in U.S. District Court, Northern District of California is Angel Fraley et al., individually and on behalf of all others similarly situated vs. Facebook Inc, 11-cv-1726. (Reporting By Dan Levine; Editing by Bernard Orr) Link this Share this Digg this Email Reprints

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Reuters: Technology News: InterDigital loses first round of US case against Huawei, others

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InterDigital loses first round of US case against Huawei, others Jun 28th 2013, 21:21 By Diane Bartz WASHINGTON | Fri Jun 28, 2013 5:21pm EDT WASHINGTON (Reuters) - Huawei Technologies, Nokia Corp and ZTE Corp did not violate cell phone patents owned by InterDigital Inc, a judge at the International Trade Commission said in a preliminary decision on Friday. The ITC's final decision in the case is expected to be issued in October. InterDigital, which buys and licenses patents, had accused the companies of violating seven patents used to make 3G wireless devices. The patents cover conservation of power and ensuring the right data goes to the right recipient, among other technology. LG Electronics had been named in the original complaint but settled with InterDigital. InterDigital asked the ITC to ban the U.S. sale of the three companies' 3G wireless mobile devices. While much of the world is moving to 4G, 3G remains broadly in use. The ITC, a quasi-judicial federal agency, is a popular venue for patent fights because its docket moves fairly quickly and it can order a sales ban for any device which infringes a patent.

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Reuters: Technology News: Facebook to pull ads from pages with sex, violence

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Facebook to pull ads from pages with sex, violence Jun 28th 2013, 19:26 A smartphone user shows the Facebook application on his phone in the central Bosnian town of Zenica, in this photo illustration, May 2, 2013. Credit: Reuters/Dado Ruvic

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Reuters: Technology News: Intel executives increase focus on Atom mobile chip

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Intel executives increase focus on Atom mobile chip Jun 28th 2013, 18:07 Tweet Share this Email Print Related News Intel executives see focus on Atom mobile chip 1:32pm EDT Rivals Microsoft and Oracle team up on push into cloud Mon, Jun 24 2013 ARM sees strength in numbers against Intel, Nvidia Thu, Jun 20 2013 Micron profit beats estimates as chip prices climb Wed, Jun 19 2013 Nvidia's stock jumps on license plan; Wall Street eyes Apple Wed, Jun 19 2013 Analysis & Opinion The road to smart technology A shadow is cast on an Intel advertisement at the Computex 2010 computer fair in Taipei June 1, 2010. Credit: Reuters/Pichi Chuang By Noel Randewich SAN FRANCISCO | Fri Jun 28, 2013 2:07pm EDT SAN FRANCISCO (Reuters) - Intel Corp's top executives said on Friday the microprocessor company would speed up development and roll-out of its Atom chips for mobile devices, as the computing world moves away from the traditional personal computer. The company is also being "cautious" on its Intel television service, as it continues to look at the business model, according to the company's new Chief Executive Officer Brian Krzanich. "We believe we have a great user interface and the compression-decompression technology is fantastic," Krzanich said. "But in the end if we want to provide that service it comes down to content. We are not big content players." In their first sit-down with reporters since their promotions in May, Krzanich and Intel President Renee James said wearable computing would become a key battleground for mobile industry players. They also said they would add new customers to Intel's contract manufacturing business. The world's biggest chipmaker dominates the PC industry but has been slow to adapt its chips to be suitable for smartphones and tablets. That may change, according to Krzanich. "We see that Atom is now at the same importance, it's launching on the same leading edge technology, sometimes even coming before Core (Intel's line of PC chips)," said Krzanich. "We are in the process of looking at all of our roadmaps and evaluating the timing of some of those products," he said. "It's fair to say there are things we would like to accelerate." (Reporting by Noel Randewich, writing by Bill Rigby; Editing by Bernard Orr) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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Reuters: Technology News: Accenture cuts full-year outlook as consulting slows further

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Accenture cuts full-year outlook as consulting slows further Jun 28th 2013, 15:41 Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona, February 26, 2013. Credit: Reuters/Albert Gea By Sruthi Ramakrishnan Fri Jun 28, 2013 11:41am EDT (Reuters) - Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates. Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd. The company expects outsourcing revenue to moderate, and consulting revenue to decline modestly or grow slightly in the current quarter, David Roland, who takes over as chief financial officer on Monday, said on a conference call with analysts. Accenture now expects adjusted earnings of $4.18 to $4.22 per share on revenue growth of 3 to 4 percent in local currency for the year ending August 31. The company in March had forecast adjusted annual earnings of $4.24 to $4.32 per share on a revenue growth rate below the midpoint of the 5-8 percent range it previously expected in local currency. The outlook assumed a negative currency impact of 1.7 percent, compared with a negative impact of 1 percent expected earlier. While there has been moderate improvement in discretionary spend in 2013, there was still softness in the consulting segment, particularly in Europe, Barclays analyst Darrin Peller wrote in a note. Accenture's consulting net revenue dropped 2 percent to $3.9 billion in the three months ended May 31. Revenue from the business, which Accenture expected to return to growth, fell for the fourth straight quarter. Consulting bookings were almost $400 million lower than the company expected. Smaller contracts, which convert to revenue faster, declined. "It (consulting) definitely didn't improve the way we expected and we see more softness in that part of the business in consulting smaller deals," Accenture Chief Executive Pierre Nanterme said on the call. Outsourcing net revenue rose 4 percent to $3.3 billion in the quarter. Accenture's results could have been worse without the strength in outsourcing, Edward Jones technology analyst Josh Olson told Reuters. Net revenue rose 0.6 percent to $7.2 billion. Net income rose to $874.1 million, or $1.21 per share, in the third quarter, from $762.8 million, or $1.03 per share, a year earlier. Excluding items, the company earned $1.14 per share. Analysts on average had expected earnings of $1.13 per share on revenue of $7.42 billion, according to Thomson Reuters I/B/E/S. Accenture shares closed at $80.22 on the New York Stock Exchange on Thursday. (This version of the story corrects paragraph 4 to clarify that David Roland will take over as CFO on Monday, not that he is CFO.) (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Joyjeet Das) Link this Share this Digg this Email Reprints

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Reuters: Technology News: Google reveals new London 'groundscraper' HQ

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Google reveals new London 'groundscraper' HQ Jun 28th 2013, 13:25 Surfboards lean against a wall at the Google office in Santa Monica, California, October 11, 2010. Google will report its third-quarter earnings on Thursday. Credit: Reuters/Lucy Nicholson By Tom Bill LONDON | Fri Jun 28, 2013 9:25am EDT LONDON (Reuters) - Google has revealed that its new UK headquarters is a building longer than the Shard skyscraper is tall. The so-called groundscraper at the King's Cross Central development is the latest overseas property deal by the cash-rich U.S. internet group, which will house all of its London staff under one roof when completed in 2016. Google revealed designs for the low-rise one million square feet scheme on Friday after announcing its move to King's Cross in January. At 330 meters long, it exceeds the height of the 310-metre tall Shard, western Europe's tallest skyscraper. Swiss bank UBS is undertaking a similar large-scale low-rise scheme at the Broadgate complex in London's main financial district. Google said 35,000 people will work at the site - a large scale operation it would have found difficult to house in space-constrained central London where land is also more expensive. Google has spent about 650 million pounds to buy and develop the 2.4 acre site and the finished development will be worth up to one billion pounds, sources told Reuters. Construction will start early next year subject to planning approval and it will be one of the internet giant's largest offices outside its so-called Googleplex corporate headquarters in Mountain View, California. The internet giant is a prized tenant for landlords and its presence is expected to draw other technology companies to King's Cross - especially small start-ups - and help bump up rents. The new site is likely to include a 20,000 square feet area for bike parking, about the size of seven tennis courts, and features a climbing wall between floors, a source close to the project told Reuters. The company's offices are famous for perks like gourmet food, bowling alleys, roof gardens, high-tech gyms and on-site medical staff and massages. King's Cross Central, which sits on a former fish, coal and grain goods yard to the north of the city, spans 67 acres and will contain homes, offices and shops. It is being built by the King's Cross Central Limited Partnership which includes developer Argent Group. Google has traditionally leased its overseas offices but in the past two years has purchased premises in Paris, Dublin, and now London, its filings show. As of December 31, 2011, Google had $44.6 billion of cash, with $21.2 billion of that held offshore, according to its 2011 annual report. If the funds held offshore were repatriated, they would be subject to U.S. taxes, Google said. Tax campaigner and accountant Richard Murphy told Reuters at the time of the January announcement that the decision to buy rather than rent was likely "tax motivated", driven by the fact the company cannot repatriate the cash to the U.S. without paying a fat tax bill. Google declined to comment on the tax issue in relation to its new London building but said such a large-scale investment was a boost to the Britain's economy. Earlier this month British MPs described Google's tax affairs as "contrived" after a Reuters report showed the company employed staff in sales roles in London, even though it had told MPs in November its British staff were not selling to UK clients - an activity that could boost its tax bill substantially. (Editing by David Cowell) Link this Share this Digg this Email Reprints

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Reuters: Technology News: Canada says to review all wireless spectrum transfer deals

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Canada says to review all wireless spectrum transfer deals Jun 28th 2013, 13:09 A student uses his mobile phone as he walks inside the Engineering building at the University of Waterloo, located beside the Blackberry maker's Research in Motion (RIM) headquarters in Waterloo April 18, 2012. Credit: Reuters/Mark Blinch

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Reuters: Technology News: T-Mobile buys wireless spectrum from U.S. Cellular for $308 million

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T-Mobile buys wireless spectrum from U.S. Cellular for $308 million Jun 28th 2013, 12:33 Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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Reuters: Technology News: Shaw posts higher profit, raises cash-flow forecast

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Shaw posts higher profit, raises cash-flow forecast Jun 28th 2013, 12:51 Tweet Share this Email Print Analysis & Opinion Biocon chief Kiran Mazumdar-Shaw among Asia-Pacific's biggest givers Flags fly over the Shaw Communications corporate headquarters in Calgary, Alberta May 3, 2010. Credit: Reuters/Todd Korol Fri Jun 28, 2013 8:51am EDT (Reuters) - Canada's Shaw Communications reported a small rise in fourth-quarter profit, driven by higher cable rates and the company raised its 2013 cash-flow forecast. Net income rose to C$250 million, or 52 Canadian cents per share, from C$248 million, or 53 Canadian cents per share, a year earlier. Shaw, the dominant cable company in Western Canada, had more number of shares outstanding in the fourth quarter than a year earlier. The company raised its 2013 cash-flow forecast to C$590 to C$600 million from C$550 million. (Reporting by Krithika Krishnamurthy in Bangalore) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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Reuters: Technology News: BlackBerry reports quarterly loss, shares tumble

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BlackBerry reports quarterly loss, shares tumble Jun 28th 2013, 11:42 A BlackBerry salesperson displays a BlackBerry Z10 during the launch of the BlackBerry 10 smartphone in Mumbai February 25, 2013. Credit: Reuters/Vivek Prakash

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Reuters: Technology News: Japan PM Abe hops and flips in voter-wooing game app

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Japan PM Abe hops and flips in voter-wooing game app Jun 28th 2013, 05:33 Takuya Hirai, Director of Internet Media Division of Japan's ruling Liberal Democratic Party (LDP), poses with an iPad displaying ''Abe Pyon'', LDP's official game application programme featuring Shinzo Abe, Japan's Prime minister and LDP's leader, at the LDP headquarters in Tokyo June 27, 2013. Credit: Reuters/Toru Hanai

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Reuters: Technology News: Japan PM Abe hops and flips in voter-wooing game app

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Japan PM Abe hops and flips in voter-wooing game app Jun 28th 2013, 05:25 Japan's Prime Minister Shinzo Abe speaks during a news conference at his official residence in Tokyo June 26, 2013, to mark the end of the ordinary parliamentary session. Credit: Reuters/Toru Hanai TOKYO | Fri Jun 28, 2013 1:25am EDT TOKYO (Reuters) - It's a bird, it's a plane ... It's a cartoon version of Japanese Prime Minister Shinzo Abe, hopping and somersaulting his way through the sky in a smartphone game app his party hopes will lure young voters ahead of a July 21 election. A growing number of Japanese politicians are venturing into the cyber world after a legal change allowed the use of social media in campaigns, setting up Facebook pages and twitter accounts to woo voters before a July upper house election. But the app, which has the imprimatur of Abe's Liberal Democratic Party (LDP), goes further in its effort to court tech-savvy youngsters, who tend to be apathetic about politics and put off by traditional campaigns featuring white-gloved politicians blaring their names and slogans over loudspeakers. "There were worries that some young people thought the LDP was distant, that we lacked intimacy ... that they didn't know anything about us," Takuya Hirai, a lawmaker and head of the LDP's internet strategy team, told Reuters. "We're hoping the game will get people interested in politics in a way they never were before," Hirai said. In the game, called "Abe Pyon" - "Abe Hops" - using a cutesy word most often applied to rabbits - a business suit-clad Abe avatar bounds high into the clouds via floating platforms. Missing a platform causes him to plunge to his "death". As he soars higher, players rack up points, gaining access to facts about Abe and information about the LDP. High scores also allow the avatar to change clothes, whisking him from his grey suit and into jeans or gym wear. The ultimate prize is a bouncing Abe in a superhero cape. Abe's app is a rare venture for a world leader. Tech-savvy U.S. President Barack Obama featured in a superhero game in 2009, but it wasn't officially endorsed. Some voters said they felt fonder of Abe after playing. "It really gets you thinking about politics. It makes me think I should vote for him," said Emi Yamada, a 22-year-old student. Others were skeptical. "I reckon it's just a bit of fun and nothing more," said Mizuki Kimura. Abe, an avid Facebook user who rebounded to power for a rare second term in December after his party's big win, is widely tipped to lead the ruling bloc to victory in the election. (Reporting by Ruairidh Villar, Writing by Elaine Lies; Editing by Linda Sieg) Link this Share this Digg this Email Reprints

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Reuters: Technology News: Sony says Dubai dealers sold Iran $12.8 million in equipment

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Sony says Dubai dealers sold Iran $12.8 million in equipment Jun 28th 2013, 03:55 Tweet Share this Email Print Related News UPDATE 2-UK top court ruling threatens Western sanctions against Iran Wed, Jun 19 2013 Iran's Rohani hopes all will seize chance of friendly ties Mon, Jun 17 2013 Iran's new president hails 'victory of moderation' Sat, Jun 15 2013 Iran votes for new president, Khamenei slams U.S. doubts Fri, Jun 14 2013 Hardliners still split as Iran election campaign ends Thu, Jun 13 2013 Analysis & Opinion Lessons for interpreting Iran U.S. Republican battles over Medicaid turn to God and morality Sony Corp's logo is seen at the company headquarters in Tokyo May 22, 2013. Credit: Reuters/Toru Hanai Thu Jun 27, 2013 11:34pm EDT (Reuters) - Sony Corp said some dealers in Dubai resold about $12.8 million worth of its video equipment and medical instruments to Iranian ministries, in a move that could possibly attract U.S. penalties. The dealers resold some equipment to Iran's broadcasting unit and health ministry, and some also planned to sell equipment to the information technology department of the country's police, the firm said in a filing with the U.S. regulator. "If the relevant authorities were to impose penalties or sanctions against Sony, the impact of such sanctions could be material," the company said in Thursday's filing with the U.S. Securities and Exchange Commission. Sony said it followed policies and procedures designed to keep transactions with Iran in line with applicable economic sanctions laws, but there could be no assurance such measures would be effective. It listed four Iran-related transactions, in three of which it made net profit of less than $500 million, while taking a loss in the fourth, but did not say how much. Washington has been cracking down on companies accused of evading Iran sanctions. The United States and Europe have imposed sanctions against specific Iranian individuals, state institutions or companies in so far unavailing efforts to persuade Tehran to rein in enrichment of uranium and open up to U.N. inspectors in exchange for phased relief from tightening financial isolation. Western nations believe the Islamic Republic is attempting to develop the means to build atomic bombs. Iran says the nuclear program is solely for electricity generation and medical uses. Sony said it may conduct additional future sales in Iran through third-party owned dealers or distributors, which may require disclosure under U.S. laws. "Sony intends to conduct any such sales in accordance with applicable law," it added. (Reporting by Sakthi Prasad in Bangalore; Editing by Clarence Fernandez) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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