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Monday, September 24, 2012

Technology Report: Apple sells over 5 million iPhone 5, supply constraints loom

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09/24/2012
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 sells over 5 million iPhone 5, supply constraints loom
(Reuters) - Apple Inc sold over 5 million iPhone 5 smartphones in the three days since it hit stores, but shares sagged as the company struggled to meet demand.
Foxconn China plant closed after 2,000 riot
TAIYUAN, China/TAIPEI (Reuters) - About 2,000 Chinese employees of an iPhone assembly company fought a pitched battle into the early hours of Monday, forcing the huge electronics plant where they work to be shut down.
Google shares hit record high, find favor on Street
SAN FRANCISCO (Reuters) - Google Inc shares set an all-time high on Monday, with the Web giant's reliable advertising business back in vogue among Wall Street investors disenchanted with younger social media companies.
Toys R Us sued over kids tablet trade secrets
(Reuters) - The maker of the Nabi tablet computer for children sued Toys R Us Inc on Monday, saying the world's largest toy retailer stole trade secrets in preparing to introduce the rival Tabeo tablet this month.
U.S. poised to hand over $197 million to another solar panel start-up
LOS ANGELES (Reuters) - A tiny solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra.
Toyota drops plan for widespread sales of electric car
TOKYO (Reuters) - Toyota Motor Corp has scrapped plans for widespread sales of a new all-electric minicar, saying it had misread the market and the ability of still-emerging battery technology to meet consumer demands.
New app helps drivers find private parking spots
TORONTO (Reuters) - It is a challenge for every urban driver -- finding reasonably priced parking. But before taking another loop around the block, it might be wise to consult a new mobile app.
Verizon to pay more than $250 million in TiVo settlement
(Reuters) - TiVo Inc will receive at least $250.4 million from Verizon Communications Inc as part of a patent litigation settlement, the video recorder pioneer said on Monday, sending its shares up more than 4 percent.
Smile please! Click-free camera will capture a day in your life
LONDON (Reuters) - A groundbreaking camera that decides itself when to take a shot will go on sale in Britain in November, in the first consumer application of technology developed by the British maker OMG Plc.
"Intel Inside" ignites mobile branding war
SAN FRANCISCO (Reuters) - As the mobile computing wars heat up, chipmakers that supply the crucial components inside smartphones and tablets aim to grab more of the glory.
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