The Other Side of Life 24/7: Technology Report: Apple, Samsung CEOs talk but no trial settlement reached

Tuesday, August 21, 2012

Technology Report: Apple, Samsung CEOs talk but no trial settlement reached

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08/21/2012

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

Apple, Samsung CEOs talk but no trial settlement reached

SAN JOSE, California (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd have talked but did not settle the high stakes patent dispute between the two electronics companies, a Samsung attorney said in court on Monday.

Dell revenue disappoints, shares slide

SAN FRANCISCO (Reuters) - Dell Inc warned of a "challenging" second half for computer sales and posted quarterly revenue below Wall Street forecasts, sending its shares down almost 5 percent.

Exclusive: Dell brings on ex-HP executive to spur global services

SAN FRANCISCO (Reuters) - Dell Inc has hired a former Hewlett-Packard Co networking chief to help hasten its push into the global technology services market, sources familiar with the matter told Reuters.

Exclusive: Barry Diller's IAC offers $300 million for About.com

(Reuters) - Barry Diller's IAC/Interactivecorp submitted an offer in excess of $300 million to buy the About.com information website from the New York Times Co, according to people with knowledge of the situation.

Apple, Foxconn stick to vows but toughest tasks ahead: audit

SAN FRANCISCO (Reuters) - Apple Inc and Foxconn have improved work and safety conditions at the Chinese factories that make most of the world's iPads and iPhones, but the auditors they enlisted to monitor the process warn that the toughest tasks lay ahead.

Samsung to invest $4 billion in U.S. plant to make more mobile chips

SEOUL (Reuters) - Samsung Electronics Co said on Tuesday it will spend about $4 billion at its chip plant in Austin, Texas, to renovate an existing chip producing line and boost production of system chips, widely used in popular smartphones and tablets.

U.S. testing "talking" cars to avoid crashes, congestion

ANN ARBOR, Michigan (Reuters) - Cars that talk to each other and then alert their drivers to hazards are getting a large scale test in Ann Arbor, Michigan, over the next 12 months, an experiment aimed at helping to decide if the technology should be mandatory.

Apple's market value exceeds Microsoft's during 1999 bubble

NEW YORK (Reuters) - Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.

Barnes & Noble loss narrows, but Nook device sales fall

(Reuters) - Barnes & Noble Inc said sales of its Nook e-reader device had fallen, sending its shares lower on Tuesday even as it reported a smaller-than-expected quarterly net loss.

MetroPCS' follows AT&T, Verizon with new 4G plan

(Reuters) - MetroPCS Communications Inc announced a promotional $55 4G LTE service plan that offers unlimited talk, text and data, after Verizon Wireless and AT&T launched plans targeting heavy data users.