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Wednesday, February 27, 2013

Technology Report: Apple CEO says he feels shareholders' pain, urges long view

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02/27/2013
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Apple CEO says he feels shareholders' pain, urges long view
CUPERTINO, California (Reuters) - Apple Inc CEO Tim Cook on Wednesday acknowledged widespread disappointment in the company's sagging share price but shared few details about its secretive product pipeline and touched only briefly on a raging debate about how best to reward shareholders.
Clearwire to tap Sprint money but continue Dish talks
(Reuters) - Wireless service provider Clearwire Corp said on Wednesday it would draw on $80 million in financing from Sprint Nextel Corp, which is seeking to buy it, but vowed to continue talks with rival bidder Dish Network Corp.
Chinese may have edge in emerging market dash for smartphones
BARCELONA (Reuters) - The next billion people to connect to the internet in developing countries will do so largely via smartphones, prompting a battle that could favor low-price Chinese manufacturers like Huawei and ZTE over market leaders Samsung and Apple.
NATO, European governments, hit by "MiniDuke" cyber attack
SAN FRANCISCO (Reuters) - Hackers targeted dozens of computer systems at government agencies across Europe through a flaw in Adobe Systems Inc's software, security researchers said on Wednesday, while NATO said it too had been attacked.
Oracle CEO Ellison buys Hawaii's Island Air
SAN FRANCISCO (Reuters) - Billionaire Larry Ellison can now afford to fly commercial - on his own commercial airline, that is.
Networking creates devices buzz at mobile fair
BARCELONA (Reuters) - Networks, whether superfast mobile broadband, wifi or a combination of both, are helping add pizzazz to new mobile products as the rapid evolution in smartphone and tablet design slows to a trickle.
Court denies Apple's motion to reduce damages in VirnetX lawsuit
(Reuters) - VirnetX Holding Corp, which holds internet security patents, said a federal court has upheld a ruling against Apple Inc in a patent infringement lawsuit and denied the iPhone maker's motion to reduce the $368 million in damages.
Google not expected to check every upload says Italian court
MILAN (Reuters) - Internet platforms like Google cannot be forced to filter every video uploaded by users without endangering freedom of thought and their own functionality, an Italian court ruling made public on Wednesday said.
Telefonica units pressured by falling mobile calls
BERLIN (Reuters) - Telefonica's German and Czech divisions said wireless service revenue fell as customers made fewer calls but spent more time online on smartphones and tablets.
Korean operators warn Europe of "curse" of 4G networks
BARCELONA (Reuters) - South Korean telecom executives have a message for European cousins who have long looked on in envy at the highly connected Asian market: Be careful what you wish for.
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