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Monday, April 2, 2012

Technology Report: Apple's iPad tops Consumer Reports' list despite heat issue

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04/2/2012
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Apple's iPad tops Consumer Reports' list despite heat issue
SAN FRANCISCO (Reuters) - Apple Inc's new iPad topped Consumer Reports' list of tablets despite the influential watchdog stoking doubts two weeks ago by saying the latest iteration of the best-selling tablet threw off more heat when used heavily.
Loeb's hedge fund launches site in war with Yahoo
NEW YORK (Reuters) - Hedge fund manager Daniel Loeb has intensified his firm Third Point's proxy battle with Yahoo Inc, launching a website calling for a management shakeup at the online media company.
Microsoft shuts German distribution center in patent dispute
MUNICH/AMSTERDAM (Reuters) - Microsoft is moving its European software distribution to the Netherlands from Germany after being caught up in patent disputes with mobile phone and tablet maker Motorola Mobility Inc .
Web surfers to pay online using Facebook, Twitter
BRUSSELS (Reuters) - A one-click online payment system using Facebook and Twitter that could boost Internet sales for newspapers, music vendors and other low-priced goods and services is being tested by a major European media company, according to its developer.
Lenovo picks former Acer CEO Lanci to head Europe
(Reuters) - Former Acer Chief Executive Gianfranco Lanci was appointed on Monday as chief of Lenovo's operations in Europe, Middle East and Africa, and said he aims to break into the top three in the region by next year.
Foxconn chairman pledges to raise pay in China, invest in Hainan
BOAO, China (Reuters) - Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for employees making Apple iPhones and iPads.
Wealthy smartphone users less likely to play games, tweet
TORONTO (Reuters) - Wealthier smartphone users are less likely to play games or tweet and will opt for news, travel or finance apps, according to a new study.
Australia settles patent suit in U.S. wi-fi case
CANBERRA (Reuters) - Australia's scientific research agency has reached a multi-million dollar out-of-court settlement in the United States over the use of its wireless internet technology which underpins wi-fi platforms worldwide.
MTN former CEO denies bribes to Iran, South Africa
JOHANNESBURG (Reuters) - The former chief executive of MTN Group denied on Sunday that he authorized bribes to Iranian and South African government officials in return for a cellular license in Iran.
Japan's Olympus promotes Nambu to top financial role
TOKYO/LONDON (Reuters) - Japan's scandal-hit Olympus Corp has promoted Akihiro Nambu to its top financial role just months after some of the firm's largest shareholders called for him to resign over a $1.7 billion accounting fraud.
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