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Monday, June 18, 2012

Technology Report: Intel to buy InterDigital patents for $375 million

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06/18/2012
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Intel to buy InterDigital patents for $375 million
NEW YORK (Reuters) - InterDigital Inc said on Monday it had agreed to sell to Intel Corp about 1,700 wireless technology patents for $375 million, sending InterDigital shares up 27 percent.
Facebook to buy facial-recognition startup
SAN FRANCISCO (Reuters) - Facebook Inc said Monday it was buying Face.com, the company that now provides facial-recognition technology used by the world's largest social network to help users identify and tag photos.
NTT Docomo backs Silicon Valley photo-sharing startup
SAN FRANCISCO (Reuters) - Japanese mobile phone operator NTT Docomo Inc's venture arm has taken a stake in Silicon Valley startup Cooliris, which recently sold one of its divisions to another Asian carrier, Singapore Telecommunications Ltd.
Ex-AT&T employee admits leaking Apple, RIM info
NEW YORK (Reuters) - A former AT&T employee admitted on Monday to sharing company secrets such as sales numbers for Apple Inc's iPhone to traders who illegally bought shares on the information.
Celestica to stop making products for RIM
TORONTO (Reuters) - Contract electronics maker Celestica Inc will stop making products for its biggest customer, Research In Motion Ltd, by the end of the year as the BlackBerry maker seeks to cut costs by shrinking its global supply base.
Ramtron rejects Cypress offer, to explore options
(Reuters) - Chipmaker Ramtron International Corp turned down rival Cypress Semiconductor Corp's offer to buy the company for about $87.6 million, and said it would explore other options including a sale.
Hacked companies fight back with controversial steps
(Reuters) - Frustrated by their inability to stop sophisticated hacking attacks or use the law to punish their assailants, an increasing number of U.S. companies are taking retaliatory action.
Italian notebook maker Moleskine plans Milan float
LONDON (Reuters) - Italian notebook maker Moleskine plans to list in Milan this year and has hired investment banks to run the sale of stock in the company, whose thread-bound jotters are based on originals favored by the likes of Vincent Van Gogh and Ernest Hemingway.
Google: government requests to censor content "alarming"
BRUSSELS (Reuters) - Google has received more than 1,000 requests from authorities to take down content from its search results or YouTube video in the last six months of 2011, the company said on Monday, denouncing what it said was an alarming trend.
New Songza iPad app curates music to suit your mood
TORONTO (Reuters) - Need an energizing playlist of songs for your morning workout or perhaps one that will improve your focus at the office later in the day? A new iPad app streams music tailored to your current situation and mood.
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