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Thursday, November 22, 2012

Technology Report: RIM shares rally as optimism about new devices grows

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11/22/2012
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RIM shares rally as optimism about new devices grows
TORONTO (Reuters) - Shares of Research In Motion Ltd surged more than 15 percent in Toronto on Thursday on rising optimism about its soon-to-be-launched BlackBerry 10 devices, the company's response to Apple's iPhone and to Android-based smartphones.
Samsung wins U.S. court order to access Apple-HTC deal details
SAN FRANCISCO (Reuters) - A U.S. judge has ordered Apple Inc to disclose to rival Samsung Electronics details of a legal settlement the iPhone maker reached with Taiwan's HTC Corp, including terms of a 10-year patents licensing agreement.
Fitch cuts Sony, Panasonic debt ratings to "junk" status
TOKYO (Reuters) - Ratings agency Fitch downgraded the debt ratings of Japan's Sony Corp and Panasonic Corp to "junk" status citing weakness in their consumer electronics and TV operations, further diminishing the luster of the once-great Japanese brands.
Orange launches smartphone app for free calls, texts
HELSINKI (Reuters) - Orange, the mobile brand of France Telecom, launched a global free calling and texting application on Thursday, in direct competition with services such as Skype, WhatsApp and Viber.
Australian tax crackdown to target Google, other multinationals
CANBERRA (Reuters) - Australia released draft revisions to tax laws on Thursday, which it said were designed to stop big firms, including the local arm of Google, from shifting their income to countries such as Holland or Ireland where the tax rates are lower.
Analysis: Intel Inside - Looking inward for CEO may be best bet
SAN FRANCISCO (Reuters) - Wanted: Visionary CEO to help world-class chipmaker expand beyond struggling personal computer market into tablets and smartphones. Experience with cutting-edge manufacturing plants and $10 billion annual capital expenditures a plus.
In HP-Autonomy debacle, many advisers but little good advice
(Reuters) - When Hewlett Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP said Tuesday was a major accounting fraud.
Facebook to share data with Instagram, loosen email rules
SAN FRANCISCO (Reuters) - Facebook Inc is proposing to combine user data with that of recently acquired photo-sharing service Instagram, and will loosen restrictions on emails between members of the social network.
Finnish app store startup bets on Android in Asia
HELSINKI (Reuters) - Finnish technology startup Blaast on Wednesday opened an Android application store hoping to tap into booming demand for affordable smartphones in Indonesia and other emerging markets.
Microsoft vs. Google trial over patents ends
SEATTLE (Reuters) - A Google expert witness testified on Tuesday that Microsoft will make roughly $94 billion in revenue through 2017 from its Xbox game console and Surface tablet that use Google's patented wireless technology.
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