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Wednesday, January 30, 2013

Technology Report: RIM, now known as BlackBerry, launches new BB10 line

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01/30/2013
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RIM, now known as BlackBerry, launches new BB10 line
NEW YORK (Reuters) - Research In Motion Ltd unveiled the long-delayed line of smartphones it hopes will put it on the comeback trail on Wednesday but it disappointed investors by saying U.S. sales of its all-new BlackBerry 10 will start only in March.
Facebook grows revenue 40 percent in fourth quarter
SAN FRANCISCO (Reuters) - Facebook Inc's advertising business grew at its fastest clip since before the company's May initial public offering, helping the company's revenue expand 40 percent to $1.585 billion.
U.S. court rejects Apple's bid to raise damages in Samsung case
(Reuters) - South Korea's Samsung Electronics Co did not willfully infringe on some of Apple Inc's patents, a U.S. federal court has ruled, foiling Apple's attempt to ratchet up the $1.05 billion in damages it was awarded last August by a U.S. jury.
Top U.S. firms open to voluntary cybersecurity rules: Senate
WASHINGTON (Reuters) - Many Fortune 500 companies support the creation of federal cybersecurity standards to protect them from Internet threats like hacking as long as they are voluntary, according to a Senate survey of top U.S. chief executives released on Wednesday.
Dell founder may control PC maker after buyout: Bloomberg
NEW YORK (Reuters) - Dell Inc's founder and chief executive may pay as much as $1 billion out of his personal fortune to assume control of the world's No. 3 PC maker in a leveraged buyout, Bloomberg News reported on Wednesday citing people familiar with the matter.
Qualcomm posts higher quarterly revenue, raises 2013 target
NEW YORK (Reuters) - Qualcomm Inc posted higher, fiscal first-quarter revenue and raised its financial targets for the full year of 2013 due to improving demand for its wireless chips.
Amazon opens 9 percent higher, analysts raise price targets
(Reuters) - Amazon.com Inc's shares opened 9 percent higher, just shy of a record high, after strong profit margins at the world's largest internet retailer surprised Wall Street.
Alcatel-Lucent's credit facility raised to 2 billion euro
PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent said on Wednesday its credit facility underwritten by Credit Suisse and Goldman Sachs has been raised to 2 billion euros from an initial 1.6 billion euros following strong investor demand.
Fidelity Contrafund cut Apple stake 3 percent in December
BOSTON (Reuters) - Portfolio manager Will Danoff, whose $85 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, trimmed his holdings in the maker of the iPhone by 3.1 percent in December.
Nintendo to post unexpected loss as Wii successor falters
TOKYO (Reuters) - Nintendo Co Ltd, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
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