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Friday, April 27, 2012

Technology Report: Exclusive: Apple courts Hollywood for upcoming TV: sources

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04/27/2012
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Exclusive: Apple courts Hollywood for upcoming TV: sources
LOS ANGELES (Reuters) - Apple Inc began talks earlier this year to stream films owned by EPIX, which is backed by three major movie studios, on devices including a long-anticipated TV, according to two people with knowledge of the negotiations.
Amazon soars as digital sales boost margins
(Reuters) - Amazon.com Inc's stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company.
Nokia suffers second cut to "junk" as S&P downgrades
HELSINKI/LONDON (Reuters) - Cellphone maker Nokia Oyj had its credit rating cut to "junk" status by ratings agency Standard & Poor's on Friday, its second downgrade to non-investment grade status this week as the company battles falling sales and doubts over its product strategy.
Space shuttle Enterprise lands in New York atop jet
NEW YORK (Reuters) - The space shuttle Enterprise flew to New York from Washington on Friday piggybacking atop a Boeing 747 and made a dramatic flight along the Hudson River past the Statue of Liberty to the delight of observers.
Workers protest at Foxconn plant in China
TAIPEI (Reuters) - Workers at a Chinese factory owned by Foxconn, Apple Inc's main manufacturer, threatened to jump off the roof of a building in a protest over wages just a month after the two firms announced a landmark agreement on improving working conditions.
Apple sales rocket in China, but growth may slow
HONG KONG (Reuters) - Apple Inc is likely to see its sales growth nearly double in greater China this year, but the pace will probably taper thereafter as competitors hit back with new products in the biggest global mobile phone market.
Allscripts shares plunge on weak outlook, board changes
(Reuters) - Allscripts Healthcare Solutions Inc's shares plunged 42 percent in premarket trade on Friday, after the company forecast weak full-year earnings, hurt by software development costs and weaker bookings.
Galaxy phones power Samsung to record $5.2 billion profit
SEOUL (Reuters) - Samsung Electronics made a record $5.2 billion profit in the first quarter, overhauling Nokia as the world's top mobile phone seller, and its Galaxy smartphones outstripped Apple's iPhone at the high end of the market.
Groupon gets new "Goods" chief from eBay: memo
(Reuters) - Groupon Inc has hired another former eBay Inc executive to head its discount retailing arm Groupon Goods starting Monday, according to an internal email obtained by Reuters on Friday.
Aware to sell patents to Intel for $75 million, shares surge
(Reuters) - Software maker Aware Inc said it will sell some patents related to WiFi and 4G LTE to Intel Corp for about $75 million, sending its shares up 70 percent.
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