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Wednesday, June 6, 2012

Technology Report: Netflix plan seen as no big threat to content delivery firms

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06/6/2012
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Netflix plan seen as no big threat to content delivery firms
(Reuters) - Netflix Inc's plans to use its own network for streaming movies and TV shows may not be as bad for content delivery companies as the initial market reaction suggested.
Google deploying planes over cities for 3D maps
SAN FRANCISCO (Reuters) - Google Inc is deploying a fleet of small, camera-equipped airplanes above several cities, the Internet search company's latest step in its ambitious and sometimes controversial plan to create a photo-based map of the world.
Parrot bets on Android winning in-car device market
PARIS (Reuters) - Parrot, an upstart French technology company, is betting that drivers want their cars to be fitted with an all-in-one "infotainment" device based on Google's popular Android operating software to give hands-free control of its smartphone, radio, music and satellite navigation functions.
NDS says Cisco deal on track despite allegations
TEL AVIV (Reuters) - Cisco's $5 billion acquisition of pay-TV smartcard maker NDS is on track despite the emergence of new allegations since the deal was announced that NDS used illegal means to undermine competitors, NDS's executive chairman told Reuters.
Apple eyes new stores in two Chinese cities as iPad suit continues
SHANGHAI (Reuters) - Apple Inc is looking to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, government officials said on Wednesday, while it continues to fight a Chinese company over the use of the iPad trademark.
Peer 1 Hosting to buy NetBenefit for $38.5 million
(Reuters) - Peer 1 Hosting said it will buy NetBenefit Ltd, a unit of NBT Ltd for $38.5 million in cash as the IT hosting provider consolidates its position in the United Kingdom.
Nations must talk to halt "cyber terrorism": Kaspersky
TEL AVIV (Reuters) - Eugene Kaspersky, whose lab discovered the Flame virus that has attacked computers in Iran and elsewhere in the Middle East, said on Wednesday only a global effort could stop a new era of "cyber terrorism".
Nokia fights back with cheap touchscreen phones
HELSINKI (Reuters) - Struggling mobile phone maker Nokia Oyj has unveiled its first full touchscreen phones aimed at the budget end of the market, looking to fill a gap in its product range and catch up with rivals, particularly in emerging markets.
Smartphone maker HTC cuts sales target
TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp cut its second-quarter revenue target, citing lower-than-anticipated sales to Europe and delayed product sales in the United States, while China is doing better-than-expected, it said.
IPO "whisper" estimates may be heard after Facebook
SAN FRANCISCO (Reuters) - In the aftermath of the Facebook IPO, investor outrage - and lawsuits - have focused on "whisper" estimates of future results that underwriters shared only with some clients.
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