The Other Side of Life 24/7: Technology Report: Kodak in $525 million patent deal, eyes bankruptcy end

Wednesday, December 19, 2012

Technology Report: Kodak in $525 million patent deal, eyes bankruptcy end

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12/19/2012

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

Kodak in $525 million patent deal, eyes bankruptcy end

(Reuters) - Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013.

Owner of OpenTV slaps Netflix with patent lawsuit

(Reuters) - The owner of interactive television pioneer OpenTV sued Netflix Inc on Wednesday, alleging the company infringed on patents that cover technology underpinning the fast-growing Internet video sector.

Strong software sales push Oracle shares to 19-month high

(Reuters) - Shares of Oracle Corp, the world's No. 3 software maker, rose 4 percent to their highest in 19 months on Wednesday after it forecast strong sales for next year, prompting several brokerages to raise their price targets on the stock.

THQ files for bankruptcy, Clearlake makes bid for assets

SAN FRANCISCO (Reuters) - Video game maker THQ Inc said on Wednesday it filed for bankruptcy, and private investment firm Clearlake Capital Group has offered to buy its assets.

Defense bill lifts barrier on satellite exports

CAPE CANAVERAL, Florida (Reuters) - Tucked into the annual U.S. defense budget bill making its way through Congress this week is a long-fought and potentially lucrative reprieve for U.S. satellite manufactures and suppliers to export their products, officials said on Wednesday.

Sberbank to buy Yandex online payments service: source

MOSCOW (Reuters) - Sberbank, Russia's top lender, plans to buy Yandex.Dengi, an online payment service owned by Russian search engine Yandex, a source familiar with the matter said.

ITC judge sides with Apple against Google on phone patent

(Reuters) - Google's Motorola Mobility unit cannot assert a patent against Apple Inc which covers a sensor that stops phone users from dialing wrong numbers on touchscreen devices, a U.S. trade judge ruled.

Tubular raises $2.5 million to serve burgeoning YouTube industry

SAN FRANCISCO (Reuters) - Tubular, a small San Francisco start-up that provides analytics for YouTube content creators, has raised $2.5 million in venture capital in the latest sign of how far the business ecosystem has evolved around the Google-owned video repository.

FTC to delay Google anti-trust probe decision: source

WASHINGTON (Reuters) - The Federal Trade Commission (FTC), which had been expected to wrap up an anti-trust probe into Google within days, will now delay its decision for weeks, a source said on Tuesday.

Former Vivendi boss to run France's Thales

ISTRES, France/PARIS (Reuters) - Jean-Bernard Levy emerged on Wednesday as the next chief executive of French arms firm Thales, months after a strategy dispute cost him his job as head of media and telecoms group Vivendi.