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Wednesday, August 7, 2013

Technology Report: U.S. appeals court revives Apple patent claims vs. Google

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08/7/2013
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U.S. appeals court revives Apple patent claims vs. Google
(Reuters) - A U.S. appeals court ruled on Wednesday that Apple Inc should be able to renew its arguments at the International Trade Commission that Google Inc's Motorola Mobility unit violated two patents relating to the iPhone.
Groupon quarterly revenue exceeds analyst estimates
SAN FRANCISCO (Reuters) - Groupon Inc on Wednesday reported quarterly revenue of $608.7 million, a stronger-than-expected result that lends credence to the deals site's new mobile-centric strategy.
After strong second quarter, Time Warner's ups year forecast, sets Time spinoff
(Reuters) - Hit movies and strong cable TV advertising boosted Time Warner Inc's second-quarter profit, and the media company raised its profit forecast for the year and said the spinoff of its Time Inc magazine division would be early next year.
Vimpelcom hires former Verizon Wireless finance chief
MOSCOW (Reuters) - Russia's third-largest mobile operator Vimpelcom has hired the former finance chief of the biggest U.S. mobile provider Verizon Wireless, as it strives to cut its $23 billion debt.
Vodafone turns to sport and songs to sell 4G in Britain
LONDON (Reuters) - Vodafone has turned to sports and music to set its 4G superfast mobile service apart when it finally launches in Britain later this month in competition with O2 and the well-established offer from EE.
Fusion-io reports wider fourth-quarter loss
(Reuters) - Storage drive maker Fusion-io Inc reported a bigger quarterly loss as sales and marketing costs jumped almost 51 percent.
RealD reports quarterly loss; revenue falls
(Reuters) - 3D technology licensor RealD Inc reported a 13 percent fall in revenue as fewer people chose to watch movies in 3D, leading to a drop in demand for its products.
AOL to buy video ad platform for $405 million
(Reuters) - AOL Inc said on Wednesday it would buy Adap.tv, an electronic trading platform that helps companies advertise on video websites, for $405 million in its biggest acquisition under CEO Tim Armstrong.
Nice Systems to buy Causata after second-quarter profit rise
JERUSALEM (Reuters) - Israel-based software provider Nice Systems agreed to buy U.S. data firm Causata and reported a rise in profit, driven by big gains in products that analyze data to help companies comply with regulations and prevent fraud.
Springer bids for Scout24 in new digital push: sources
FRANKFURT (Reuters) - Axel Springer has made an offer for Deutsche Telekom's online classified advertising business Scout24, sources said, in another push into digital media that helped the German publisher beat earnings forecasts.
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