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Thursday, October 25, 2012

Technology Report: Amazon reports weak results, shares fall over 5 percent

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10/25/2012
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
Amazon reports weak results, shares fall over 5 percent
SAN FRANCISCO (Reuters) - Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.
Microsoft unveils Windows 8, Surface tablet
NEW YORK (Reuters) - Microsoft Corp launched its new Windows 8 operating system and Surface tablet on Thursday in a bid to revive interest in its flagship product and regain ground lost to Apple Inc and Google Inc in mobile computing.
Yahoo buys mobile start-up
SAN FRANCISCO (Reuters) - Yahoo Inc said on Thursday it bought a small, mobile start-up company in New York, marking one of new Chief Executive Marissa Mayer's first moves to revamp the struggling Web pioneer by acquiring outside products and technology.
Windows 8 recasts PC industry: CEO Ballmer
NEW YORK (Reuters) - Microsoft Corp Chief Executive Officer Steve Ballmer expects the Windows 8 operating system to open a new chapter in the company's history and thrust it back into the forefront of technology.
Exclusive: Huawei partner offered U.S. tech to Iran
LONDON (Reuters) - An Iranian partner of Huawei Technologies Co Ltd, a Chinese company that has denied breaking U.S. sanctions, last year tried to sell embargoed American antenna equipment to an Iranian firm, according to documents and interviews.
Panasonic to reduce much of mobile phone business: Nikkei
(Reuters) - Panasonic Corp will slash a significant portion of its mobile phone business as it struggles to make headway in the global smartphone market, dominated by Apple Inc and Samsung Electronics Co , the Nikkei said.
Analysis: Apple options - is the tail wagging the dog?
NEW YORK (Reuters) - As the world's most valuable publicly traded company, Apple's share price rises and falls - mostly rises - on its fat profits and big sales of newly introduced gadgets.
IBM says Commerce Department has asked it about ZTE
(Reuters) - International Business Machines Corp disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday that it has received communications from the U.S. Commerce Department about a probe into ZTE Corp.
Analysts see recovery sprouting at "FarmVille" creator Zynga
(Reuters) - Zynga Inc's quarterly revenue beat and its higher full-year earnings forecast show the embattled "FarmVille" creator may be on the path to recovery, analysts said, with at least one brokerage upgrading the company's stock.
TSMC sees six months of weaker sales after record third-quarter profit
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast two quarters of weaker revenue but said the boom in mobile devices that drove it to record third-quarter profit would fuel a rebound from April.
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