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Friday, December 28, 2012

Technology Report: Apple loses another copyright lawsuit in China: Xinhua

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12/28/2012
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Apple loses another copyright lawsuit in China: Xinhua
SHANGHAI (Reuters) - A Chinese court has fined Apple Inc 1 million yuan ($160,400) for hosting third-party applications on its App Store that were selling pirated electronic books, the official Xinhua news agency reported on Friday.
Facebook's Instagram usage dived after photo brouhaha: AppData
SAN FRANCISCO (Reuters) - Facebook Inc's Instagram lost almost a quarter of its daily users a week after it rolled out and then withdrew policy changes that incensed users who feared the photo-sharing service would use their pictures without compensation.
Autonomy's Lynch defends record as HP confirms Federal probe
LONDON (Reuters) - Mike Lynch, the founder of the software firm sold to Hewlett-Packard last year in a deal tainted by accusations of accounting fraud, said he would defend the company's accounts to U.S. Federal investigators.
Apple to drop patent claims against new Samsung phone
SAN FRANCISCO (Reuters) - Apple Inc has agreed to withdraw patent claims against a new Samsung phone with a high-end display after Samsung said it was not offering to sell the product in the crucial U.S. market.
U.S. clears way for wider in-flight Internet deployment
WASHINGTON (Reuters) - The U.S. Federal Communications Commission has cleared the way for wider adoption of in-flight Internet services, aiming to cut by as much as 50 percent the time needed for regulatory approval.
Pearson to buy stake in Nook, Barnes & Noble shares up
(Reuters) - British education and media publisher Pearson Plc has agreed to acquire a 5 percent stake in Barnes & Noble Inc's Nook Media unit for $89.5 million, sending shares of the bookstore operator up as much as 9.7 percent on Friday.
Apple CEO's pay takes big hit vs. record 2011 package
NEW YORK (Reuters) - Apple Inc CEO Tim Cook's 2012 compensation package of $4.17 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards.
Analysis: For tech investors, it's hard to know when to bolt
(Reuters) - When Hewlett-Packard Co agreed to buy British software company Autonomy in August last year for $11.1 billion, two well-known investors made diametrically different bets on how the big deal would play out.
ZTE to sell off stake in unit worth 1.3 billion yuan
HONG KONG (Reuters) - ZTE Corp, China's second largest telecom equipment maker, plans to sell an 81 percent stake in its unit Shenzhen ZNV Technology for 1.3 billion yuan ($206 million), it said on Friday.
China tightens Internet controls, legalizes post deletion
BEIJING (Reuters) - China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information and requiring service providers to hand over such information to the authorities for punishment.
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