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Wednesday, November 27, 2013

Technology Report: Samsung's marketing splurge doesn't always bring bang-for-buck

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11/27/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Samsung's marketing splurge doesn't always bring bang-for-buck
SEOUL (Reuters) - Samsung Electronics Co is expected to spend around $14 billion - more than Iceland's GDP - on advertising and marketing this year, but it doesn't always get value for money.
OCZ gets offer from Toshiba to buy assets in bankruptcy sale
(Reuters) - Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding.
Judge drops SIM cards case against ex-Telecom Italia managers
ROME (Reuters) - A Rome judge has decided to drop a criminal case against three former Telecom Italia managers accused of having inflated the number of mobile phone cards in use because there was insufficient proof, a judicial source said on Wednesday.
Siemens sees infrastructure business reaching margin target
FRANKFURT (Reuters) - German engineer Siemens expects its Infrastructure & Cities (I&C) business, which has been hit by project delays and restructuring, to reach its profitability target this financial year, it said on Wednesday.
South Africa's MTN hopes for U.S.-Iran thaw to free its cash
JOHANNESBURG (Reuters) - Better U.S.-Iranian relations would be very welcome for South African mobile phone operator MTN Group as it has been unable to repatriate around $450 million from a unit in Iran due to sanctions, a company spokesman said.
Turkcell sues MTN in South Africa for $4.2 billion in Iran damages
JOHANNESBURG (Reuters) - Turkish mobile phone company Turkcell has taken to a South African court with its $4.2 billion lawsuit against rival MTN Group, alleging it was the victim of corruption and bribery that caused it to lose a contract in Iran.
SAP rejects calls for a pan-European IT champion
FRANKFURT (Reuters) - Germany's biggest tech company, SAP, has rejected calls by domestic politicians for European IT firms to band together to better compete against U.S. tech groups in the wake of spying allegations.
Microsoft blocks censorship of Skype in China: advocacy group
BEIJING (Reuters) - Microsoft Corp. has made it harder to monitor calls and chats over its Skype phone service in China, a freedom of expression advocacy group said, as the Chinese government steps up censorship of the Internet.
Vietnam announces big fines for social media 'propaganda'
HANOI (Reuters) - Vietnam will hand out fines of 100 million dong ($4,740) to anyone criticizing the government on social media, under a new law announced this week, the latest measure in a widening crackdown on dissent by the country's communist rulers.
Smartphone apps for last minute pre-shopping
(Reuters) - Attention, shoppers: If you just decided to join the Black Friday shopping crunch but didn't prepare well, don't despair: Just pick up your smartphone. It could be your new best friend.
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