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Thursday, January 10, 2013

Technology Report: Lumia sales lift Nokia results and turnaround hopes

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01/10/2013
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Lumia sales lift Nokia results and turnaround hopes
HELSINKI (Reuters) - Nokia said strong sales of Lumia smartphones helped its mobile phone business achieve underlying profitability in the fourth quarter, raising hopes the struggling handset maker may be past the worst.
Microsoft taps Krikorian to help run its Xbox business
SAN FRANCISCO (Reuters) - Microsoft Corp said on Thursday it hired technology entrepreneur Blake Krikorian to help run its Interactive Entertainment Business as the world's largest software company plans bigger things for its Xbox gaming console.
Analysis: In battle for the car, Sirius faces fight from Pandora
NEW YORK (Reuters) - Sirius XM Radio Inc's grip on drivers is under an increasing threat as the availability of Internet connections in more cars is helping Pandora Media Inc counter some of its rival's big selling points.
Amazon steps up digital music competition with Apple
SAN FRANCISCO (Reuters) - Amazon.com Inc unveiled a service that increases competition with Apple Inc's dominant iTunes store.
EU says Google must change search results presentation: FT
LONDON (Reuters) - Google will be forced to change the way its search results are presented in Europe or face antitrust charges for "diverting traffic" to its own services, The Financial Times reported the European Union's antitrust chief as saying.
Best Buy online sales rise as Amazon collects sales tax
SAN FRANCISCO (Reuters) - Best Buy Co, the world's largest electronics retailer, said its online sales have increased in certain markets as arch rival Amazon.com Inc collects tax on purchases in more states.
GM to open third U.S. tech center, hire 1,000 people
DETROIT (Reuters) - General Motors Co will open a third U.S. information technology center as part of its plan to bring that work in-house and improve the automaker's efficiency and productivity.
Google Earth helps put North Korea gulag system on map
WASHINGTON (Reuters) - Google Executive Chairman Eric Schmidt's visit to North Korea this week has been met with sharp criticism and low expectations, but the global Internet search giant indirectly is helping to make history by revealing one of the reclusive country's darkest secrets, say human rights activists.
Court won't review decision on Interdigital fight with Nokia
WASHINGTON (Reuters) - A federal appeals court that had revived an InterDigital Inc patent complaint against Nokia Oyj declined on Thursday to review that decision, according to a court filing.
FireEye raises $50 million as it prepares for possible 2013 IPO
BOSTON (Reuters) - Cyber security firm FireEye Inc, which named former McAfee Chief Executive Dave DeWalt as its CEO in November, said it has raised $50 million in new financing as it prepares for a possible initial public offering this year.
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