Technology Report: A Galaxy glow, but Samsung's record profit run to end in fourth-quarter

	Click to View in Browser 10/4/2012 A Galaxy glow, but Samsung's record profit run to end in fourth-quarter SEOUL (Reuters) - Samsung Electronics will say on Friday that its July-September operating profit likely hit $6.8 billion, a record for a South Korean company, as strong sales of its Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, the group's main rival and leading customer. Google warns of more Motorola cuts, revises up third quarter bill (Reuters) - Google Inc raised its estimate of the cost of job cuts at its money-losing Motorola Mobility unit in the third quarter and warned of "significant" additional charges from further restructuring. Facebook crosses billion threshold, still quests for growth NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc passed the 1 billion user mark in September, a level of global penetration that is both a remarkable achievement for an 8-year-old social network and a heightened challenge to its quest for sustained growth. In mobile-computing boom, a battle rages for marketing NEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc CEO and founder Jeff Bezos, who quipped at a shareholder meeting a few years ago that "advertising is the price you pay for having an unremarkable product," is eating those words. AT&T to sell Nokia's latest Lumias, Samsung camera (Reuters) - AT&T Inc will start selling Nokia's two latest Lumia smartphones in November, making it the first carrier to commit to the devices in the United States. Oracle's CFO says no acquisitions needed to compete in cloud SAN FRANCISCO (Reuters) - Oracle Corp has all the pieces it needs to compete in cloud computing but is always interested in looking at compelling M&A opportunities, Chief Financial Officer Safra Catz told investors. Google settles with publishers over digital books (Reuters) - Google Inc and a group of publishers have agreed to a settlement over making digital copies of books, capping seven years of litigation involving the search giant's mission to become the world's library. HP's outlook disappoints, shares hit nine-year low SAN FRANCISCO (Reuters) - Hewlett-Packard Co's shares plunged to a nine-year low on Wednesday after Chief Executive Meg Whitman warned of an unexpectedly steep earnings slide in 2013, with revenue set to fall in every business division except software. Rio bets it can become Brazil's Silicon Beach RIO DE JANEIRO (Reuters) - For years, Rio de Janeiro's bohemian neighborhood of Lapa has been a hotspot for people seeking samba shows and late night partying. But recently, the area has also started hosting a different kind of crowd. ViaSat bets on internet services as "fiscal cliff" looms (Reuters) - Wireless communications provider ViaSat Inc says its new satellite-based internet services are starting to drive growth as it takes its focus off defense contracts ahead of the "fiscal cliff" threatening U.S. government spending. Related Video Successful rocket test for land speed record Songs from space reach ears on Earth Mediafile Kevin Kelleher How Amazon used the Kindle to beat the odds John C Abell Rupert Murdoch's traffic jam A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend