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Friday, October 26, 2012

Technology Report: Surface tablet buzz starts, but Windows 8 excitement muted

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10/26/2012
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
Surface tablet buzz starts, but Windows 8 excitement muted
SEATTLE (Reuters) - U.S. shoppers woke up with mild Surface fever on Friday, lining up in moderate numbers to buy Microsoft's groundbreaking tablet computer designed to challenge Apple's iPad.
Tech CEOs trade barbs, warm up for holiday tablet wars
SAN FRANCISCO (Reuters) - The biggest names in consumer technology, stung by a string of disappointing quarterly results this month, are suiting up for what's shaping to be the fiercest holiday battle in years.
New York man who sued Facebook faces criminal charges
(Reuters) - A New York man was arrested Friday on charges he forged documents in a multibillion-dollar scheme to defraud Facebook Inc and its chief executive, Mark Zuckerberg, through a lawsuit claiming a huge ownership stake in the Internet company.
Apple iPad sales disappoint, Street eyes the holidays
SAN FRANCISCO (Reuters) - Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing past investors' expectations.
Apple's weak margin outlook surprises analysts
(Reuters) - At least three brokerages cut their price targets on Apple Inc by up to $50 a share after the iPhone maker surprised analysts by forecasting lower gross margins for the current quarter.
Samsung posts $7.4 billion profit, handsets mask weak chips
SEOUL (Reuters) - South Korean technology powerhouse Samsung Electronics Co posted a fourth straight record quarterly profit - of $7.4 billion - with strong sales of its Galaxy range of phones masking sharply lower sales of memory chips.
Citi fined $2 million over Facebook IPO, fires two analysts
BOSTON (Reuters) - Citigroup fired top Internet analyst Mark Mahaney and paid a $2 million fine to a Massachusetts regulator to settle charges that the bank improperly disclosed research on Facebook's IPO and information on other tech companies.
LG Display posts first profit in two years on phone, tablet panels
SEOUL (Reuters) - LG Display Co Ltd reported its first quarterly profit in two years on Friday as sales of its screens used in Apple Inc's iPad and iPhone offset weak demand from TV manufacturers, the South Korean panel maker's biggest revenue source.
China ministry probes Qihoo browser over blogger complaints
SHANGHAI (Reuters) - Chinese authorities are investigating the country's top anti-virus software firm Qihoo 360 Technology after a prominent blogger criticized its web browser, alleging improper practices such as mining of user data, Qihoo said in a posting on its official microblog account.
Taiwan's HTC sees lower revenue, margins in fourth-quarter
TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp sees around a 14.5 percent fall in revenue in the fourth quarter from the previous three months, worse than analyst forecasts, while its margins will also decline, underlying the challenge it faces to rebuild in the face of stiff competition.
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