The Other Side of Life 24/7: Technology Report: RIM reports quarterly loss but cash pile grows

Thursday, September 27, 2012

Technology Report: RIM reports quarterly loss but cash pile grows

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09/27/2012

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

RIM reports quarterly loss but cash pile grows

TORONTO (Reuters) - Research In Motion Ltd reported a smaller-than-expected quarterly loss on Thursday and the struggling BlackBerry maker managed to increase its cash pile in the run-up to the launch of its make-or-break line of next generation devices.

EU set to charge Microsoft over ruling breach

WARSAW/BRUSSELS (Reuters) - Microsoft Corp will be charged for failing to comply with a 2009 ruling ordering it to offer a choice of web browsers, the European Union's antitrust chief said on Thursday, which could mean a hefty fine for the company.

Accenture's quarterly profit falls

(Reuters) - Technology outsourcing and consulting company Accenture Plc posted a lower quarterly profit due to higher tax rates.

Nokia Lumia starts pricing for European launch

HELSINKI (Reuters) - Nokia's new Lumia smartphones will go on sale in November, taking on the iPhone 5 and Samsung Galaxy S III ahead of the Christmas season, but some analysts said the prices for the colorful handsets looked high.

Amazon offers loans to its online sellers: ChannelAdvisor

SAN FRANCISCO (Reuters) - Amazon.com Inc is launching a new business offering loans to some of its online sellers, a move that could boost the growth of its giant Internet marketplace, Chief Executive Scot Wingo of e-commerce advisory firm ChannelAdvisor said on Thursday.

U.S. and Russian experts turn up volume on cybersecurity alarms

WASHINGTON (Reuters) - Uncontrolled security threats on the Internet could return much of the planet to an era without electricity or automated transportation, top U.S. and Russian experts said on Thursday.

Micron fourth quarter loss widens as sales fall

(Reuters) - Chipmaker Micron Technology Inc posted a bigger loss and lower sales for the fourth quarter.

New Zealand spy agency rapped over Megaupload blunder

WELLINGTON (Reuters) - New Zealand's spy agency illegally carried out surveillance on Megaupload founder Kim Dotcom, an official report showed on Thursday, prompting an apology from the prime minister and dealing a possible blow to a U.S. bid to extradite him.

EU targets 1 trillion euro GDP gain "in the cloud"

BRUSSELS (Reuters) - EU telecoms regulators spelled out on Thursday how they want to accelerate the use of "cloud" computing by public bodies and companies, in the hope of boosting the bloc's GDP by nearly 1 trillion euros through the next eight years.

Russia postpones mobile data decision: paper

MOSCOW (Reuters) - Russia has postponed indefinitely a decision on whether to allow mobile operators to recycle their old frequencies to offer faster Internet on-the-go, saying more tests were needed to show this wouldn't hurt service quality, a newspaper reported.