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Thursday, September 20, 2012

Technology Report: Apple's home-grown Maps leaves users lost

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09/20/2012
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's home-grown Maps leaves users lost
SAN FRANCISCO (Reuters) - An entire city is in the ocean, a farm has been labeled as an airport, highways end in the middle of nowhere and a hospital now covers the entire center of British city Stratford-upon-Avon, Shakespeare's home.
New York judge likely to oversee Facebook lawsuits
NEW YORK (Reuters) - Facebook Inc and most of its adversaries in a raft of lawsuits over its $16 billion initial public offering can agree on at least one thing: that the cases should be heard in a New York court.
Oracle hardware sales plunge 24 percent
BOSTON (Reuters) - Oracle Corp reported that quarterly hardware sales tumbled 24 percent from a year earlier as the technology giant continued its struggle to turn around the computer division it acquired with its purchase of Sun Microsystems.
Microsoft, HP skirted taxes via offshore units: Senate panel
WASHINGTON (Reuters) - Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes and stretching the limits of the tax code, a Senate panel said on Thursday.
AU Optronics fined $500 million in U.S. for price fixing
SAN FRANCISCO (Reuters) - AU Optronics Corp of Taiwan was fined $500 million by a U.S. judge on Thursday for criminal price fixing in the market for liquid crystal display panels.
Amazon's Lab126 expands in Silicon Valley
SAN FRANCISCO (Reuters) - Amazon.com Inc's Lab126 research and design center has leased big new office space in the heart of Silicon Valley, the latest sign that the world's largest Internet retailer is stepping up competition with gadget leader Apple Inc .
Wal-Mart stops selling Amazon Kindles
(Reuters) - Wal-Mart Stores Inc will no longer sell Amazon.com Inc's Kindle eReaders and tablets, severing its relationship with a major competitor and placing a bet that consumers are more interested in Apple's iPad and other gadgets.
Exclusive: Facebook to charge merchants to run offers
SAN FRANCISCO (Reuters) - Facebook Inc said it will start charging businesses to run Offers on its social network, turning a previously free service into a potential revenue generator at a time when Wall Street is demanding new sources of growth and profit from the company.
Some Apple Store France employees to strike on Friday
PARIS (Reuters) - Some employees of Apple Inc's French stores voted to strike on Friday, aiming for maximum impact by timing the walkout to coincide with the debut of the iPhone 5.
EU's Almunia sees no solution yet to Google antitrust case
BRUSSELS (Reuters) - EU regulators could charge Google with breaching EU laws if it does not offer satisfactory concessions to ease competition concerns, the EU's antitrust chief said on Thursday.
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