Technology Report: Netflix plan seen as no big threat to content delivery firms

Click to View in Browser 06/6/2012 Netflix plan seen as no big threat to content delivery firms (Reuters) - Netflix Inc's plans to use its own network for streaming movies and TV shows may not be as bad for content delivery companies as the initial market reaction suggested. Google deploying planes over cities for 3D maps SAN FRANCISCO (Reuters) - Google Inc is deploying a fleet of small, camera-equipped airplanes above several cities, the Internet search company's latest step in its ambitious and sometimes controversial plan to create a photo-based map of the world. Parrot bets on Android winning in-car device market PARIS (Reuters) - Parrot, an upstart French technology company, is betting that drivers want their cars to be fitted with an all-in-one "infotainment" device based on Google's popular Android operating software to give hands-free control of its smartphone, radio, music and satellite navigation functions. NDS says Cisco deal on track despite allegations TEL AVIV (Reuters) - Cisco's $5 billion acquisition of pay-TV smartcard maker NDS is on track despite the emergence of new allegations since the deal was announced that NDS used illegal means to undermine competitors, NDS's executive chairman told Reuters. Apple eyes new stores in two Chinese cities as iPad suit continues SHANGHAI (Reuters) - Apple Inc is looking to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, government officials said on Wednesday, while it continues to fight a Chinese company over the use of the iPad trademark. Peer 1 Hosting to buy NetBenefit for $38.5 million (Reuters) - Peer 1 Hosting said it will buy NetBenefit Ltd, a unit of NBT Ltd for $38.5 million in cash as the IT hosting provider consolidates its position in the United Kingdom. Nations must talk to halt "cyber terrorism": Kaspersky TEL AVIV (Reuters) - Eugene Kaspersky, whose lab discovered the Flame virus that has attacked computers in Iran and elsewhere in the Middle East, said on Wednesday only a global effort could stop a new era of "cyber terrorism". Nokia fights back with cheap touchscreen phones HELSINKI (Reuters) - Struggling mobile phone maker Nokia Oyj has unveiled its first full touchscreen phones aimed at the budget end of the market, looking to fill a gap in its product range and catch up with rivals, particularly in emerging markets. Smartphone maker HTC cuts sales target TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp cut its second-quarter revenue target, citing lower-than-anticipated sales to Europe and delayed product sales in the United States, while China is doing better-than-expected, it said. IPO "whisper" estimates may be heard after Facebook SAN FRANCISCO (Reuters) - In the aftermath of the Facebook IPO, investor outrage - and lawsuits - have focused on "whisper" estimates of future results that underwriters shared only with some clients. Related Video NASA delivers high-def view of Venus transit Could it be "Game Over" for consoles? Mediafile Sarah McBride Mary Meeker breaks her investment fast John C Abell Betwixt and between: Facebook's act of desperation A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend