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Monday, October 15, 2012

Technology Report: Japan's Softbank snaps up Sprint in $20 billion deal

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10/15/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Japan's Softbank snaps up Sprint in $20 billion deal
(Reuters) - Japanese mobile operator Softbank Corp said it will buy about 70 percent of Sprint Nextel Corp for $20.1 billion, giving Softbank the American toehold it has long desired and Sprint the capital to expand its network and potentially buy peers.
EU data chiefs ask Google to change privacy policy
BRUSSELS/PARIS (Reuters) - European Union regulators want Google to make changes to its new privacy policy to protect the rights of its users, the EU's national data protection regulators said in a letter to the U.S. internet company, which was seen by Reuters.
Microsoft debuts Xbox music service to take on Apple
(Reuters) - Microsoft Corp on Monday announced that Xbox Music, a digital music service to vie with Apple Inc's iTunes and Amazon.com Inc's Cloud Player, will be available for its Xbox game consoles on Tuesday.
New phone app puts fans more in touch with favorite bands
LONDON (Reuters) - Your smartphone could be smarter than you when it comes to listening to live music, thanks to technology developed by London start-up UntapTV that uses sound codes to provide song lyrics, photos and offer products.
New iPhones snapped up in Gaza despite high prices, poverty
GAZA (Reuters) - Apple's new iPhone 5 is selling well in the Gaza Strip despite inflated prices, reaching the Palestinian enclave via smuggling tunnels even before high-tech hub Israel next door.
App lets strangers weigh in on why relationships go wrong
TORONTO (Reuters) - Confused about why a relationship went wrong or the true meaning of a text message? A new web app that relies on the comments of strangers may provide some clarity.
China's ZTE to post nine-month loss of up to 1.75 billion yuan
HONG KONG (Reuters) - Chinese mobile phone and telecoms equipment maker ZTE Corp will report a loss of as much as 1.75 billion yuan ($279.2 million) in the first 9 months of 2012, it said in a preliminary results announcement on the Hong Kong Stock Exchange on Sunday.
Amazon in talks to buy TI mobile chip arm: paper
(Reuters) - Amazon.Com Inc is in advanced talks to buy the supplier of processors for its Kindle tablet computer, Israeli financial newspaper Calcalist reported on Monday, in what could mark a step in the company's ambitions in the smartphone sector.
MTN confirms U.S. court puts Turkcell suit on hold
JOHANNESBURG (Reuters) - MTN Group on Monday confirmed that a U.S. court had put on hold the $4.2 billion lawsuit against it by Turkish rival Turkcell, pending a separate Supreme Court decision.
New computer spying program linked to Flame authors
SAN FRANCISCO (Reuters) - The security company that has discovered some of the most sophisticated spying software unearthed to date says it found a related program, dubbed "miniFlame," which can carry out more precise attacks on targets in the Middle East.
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