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Friday, August 23, 2013

Technology Report: Microsoft CEO Ballmer to retire within 12 months

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08/23/2013
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Microsoft CEO Ballmer to retire within 12 months
SEATTLE/NEW YORK (Reuters) - Microsoft Corp Chief Executive Steve Ballmer unexpectedly announced his retirement on Friday, ending a controversial 13-year reign as the head of the world's largest software company and sending the company's shares up 7 percent.
Apple battles U.S. over scope of e-books injunction
NEW YORK (Reuters) - The United States offered to ease the terms of a proposed civil injunction against Apple Inc for conspiring to raise e-book prices, but the company said the revised proposal is still designed to "inflict punishment" and must be rejected.
Intel Media opens offices in LA, New York in TV push
SAN FRANCISCO (Reuters) - Intel Corp's media arm is opening offices in New York and Los Angeles as the company pushes ahead with an Internet television service that it plans to launch later this year, an Intel spokesman said on Friday.
Time Warner Cable offers antennas during CBS blackout
(Reuters) - Time Warner Cable Inc is offering free antennas to help customers watch CBS via broadcast signals during a blackout that is in its third week, the cable operator said on Friday.
Apple, Samsung do not have to disclose profit details -court
(Reuters) - Apple Inc and Samsung Electronics Co Ltd do not have to make public the financial details submitted to a U.S. court during high-profile patent litigation, a federal appeals panel ruled on Friday.
Google buys patents on virtual image technology from Hon Hai
TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry said it sold Google Inc part of a patent portfolio involving the superimposition of virtual images on real-world photos.
Canon spies opportunity in surveillance as camera growth cools
TOKYO (Reuters) - Nosy governments and nervous homeowners, among other drivers of the surveillance society, may soon upstage amateur photographers as the focus for big camera makers such as Canon Inc who spot growing opportunities in the security market.
Alibaba seeking partners' board control for HK IPO : sources
HONG KONG (Reuters) - Alibaba Group Holding Ltd is considering a shareholding structure that would allow its founders and senior management to retain control over the board after the Chinese e-commerce firm goes public, people familiar with the matter said on Friday.
Qualcomm to sell fleet management software unit for $800 million
(Reuters) - Mobile chipmaker Qualcomm Inc said it would sell its unit Omnitracs Inc to private equity firm Vista Equity Partners for about $800 million in cash.
Huawei, ZTE win bulk of China Mobile's $3 billion 4G bonanza: sources
SINGAPORE (Reuters) - China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year and foreign firms winning about a third, industry sources said.
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