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Friday, October 5, 2012

Technology Report: Apple's iPhone 5 gets thumbs-up from Consumer Reports

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10/5/2012
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Apple's iPhone 5 gets thumbs-up from Consumer Reports
SAN FRANCISCO (Reuters) - Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.
Motorola wins German patent case against Microsoft
FRANKFURT (Reuters) - Mobile phone maker Motorola achieved a rare victory against software giant Microsoft in a patent case before a German court on Friday, the latest in a wave of patent lawsuits by technology firms fighting over market share.
Senior smartphone executive leaves Nokia
HELSINKI (Reuters) - A senior Nokia executive in charge of product marketing has left the company, after a launch event last month for the company's new Lumia smartphones disappointed investors.
Facebook's head of communications to leave company
SAN FRANCISCO (Reuters) - Joe Lockhart, Facebook Inc's head of global communications and a former press secretary for President Bill Clinton, is leaving the social networking company, Facebook said.
Ruckus Wireless files for IPO of up to $100 million
(Reuters) - WiFi products maker Ruckus Wireless Inc filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of common stock.
Analysts slash targets after Zynga warns of loss
(Reuters) - Brokerages lowered their price targets on Zynga Inc's stock by up to 40 percent after the "Farmville" game maker slashed its 2012 outlook for the second time due to a decline in the number of paying customers.
Italy's Wind calls for mobile network sharing
CAPRI, Italy (Reuters) - Italy's third-largest mobile phone company Wind called for peers to share their frequencies and antennas to help roll out a superfast network.
Samsung posts $7.3 billion third-qurter profit, this quarter will be tougher
SEOUL (Reuters) - Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, its main rival and leading customer.
Facebook crosses billion threshold, on quest for growth
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc passed the 1 billion user mark in September, a level of global penetration that is a remarkable achievement for an 8-year-old social network and a heightened challenge to its quest for sustained growth.
Zynga slashes 2012 outlook again, shares hit record low
SAN FRANCISCO (Reuters) - Zynga Inc slashed its 2012 outlook for a second time on the poor performance of its live Internet games and the writeoff of an acquisition, fanning doubts about its ability to halt a steep decline in earnings and sending its shares to a record low.
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