The Other Side of Life 24/7: Technology Report: Apple expert shines light on Samsung sales in U.S.

Monday, August 13, 2012

Technology Report: Apple expert shines light on Samsung sales in U.S.

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08/13/2012

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Apple expert shines light on Samsung sales in U.S.

SAN JOSE (Reuters) - Apple Inc is claiming that more than a quarter of Samsung Electronics' $30.4 billion in U.S. smartphone and tablet sales result from copying of the iPhone and iPad or infringe on other patents, a damages expert for the U.S. company said on Monday.

Google to cut 4,000 Motorola Mobility jobs, shares rise

(Reuters) - Google Inc will slash 20 percent of the workforce of Motorola Mobility in the Internet search giant's largest job cuts ever as it moves to make more smartphones and fewer simple mobiles.

Groupon quarterly revenue misses expectations

(Reuters) - Groupon Inc reported second-quarter revenue that missed Wall Street expectations on Monday, sending shares of the world's largest daily deal website down 12 percent.

Analysis: Texas Instruments investors want wireless pull back

NEW YORK (Reuters) - Shareholders of Texas Instruments, once the cellphone chip leader, want the company to reduce its money-losing investment in wireless or even exit the market.

Cisco's fourth quarter won't sparkle, but will deliver

(Reuters) - Cisco Systems fourth quarter results may not renew the spark in Wall Street's fading love affair with the network equipment maker, but for those investors looking for a steady and predictable relationship the company is unlikely to disappoint.

EBay shares gain on strong July sales data

(Reuters) - EBay Inc shares rose 3 percent on Monday, closing in on a multi-year high after data showed the world's largest online marketplace had a strong sales month in July.

Elpida bondholders to submit competing reconstruction plan: Nikkei

(Reuters) - Elpida Memory Inc's bondholders plan to float their own business reconstruction plan for the bankrupt Japanese chipmaker as early as Tuesday, the Nikkei business daily reported.

Google to acquire Frommer's travel guidebooks

SAN FRANCISCO (Reuters) - Google Inc is buying the Frommer's travel guidebooks, the Web search giant's latest move to amass a trove of content that could help its push into the local commerce market.

Carlyle to sell UC4 Software to EQT Partners

(Reuters) - The Carlyle Group is to sell UC4 Software, the world's largest independent IT process automation software vendor, to Swedish private-equity firm EQT Partners for an enterprise value of 220 million euros ($271.73 million).

Micron CEO sees higher NAND prices next year

SAN FRANCISCO (Reuters) - Prices for NAND memory chips, used widely in tablets and smartphones, should firm early next year as industry production cuts offset a weak economy and help reduce a supply glut, Micron Technology Inc Chief Executive Mark Durcan said.