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Tuesday, July 23, 2013

Technology Report: For the mobile Internet, tomorrow belongs to Asia

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07/23/2013
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For the mobile Internet, tomorrow belongs to Asia
SINGAPORE (Reuters) - After five years of explosive growth sales of high-end smartphones have hit a plateau and the $2 trillion industry - telecom carriers, handset makers and content providers - is buckling up for a bumpier ride as growth shifts to emerging markets, primarily in Asia.
Options action suggests Apple earnings will not roil its shares
NEW YORK/CHICAGO (Reuters) - Apple Inc is not expected to show a big post-earnings swing when it reports fiscal third-quarter results after the closing bell on Tuesday, but this could also mean investors are under-hedged in case the company delivers a shock.
In switch, U.S. military offers to share airwaves with industry
(Reuters) - The U.S. Defense Department is proposing to share some of its radio airwaves with the private sector, a nod to growing pressure from the wireless industry and the Obama administration that federal agencies ease their control of valuable spectrum.
Netflix shares slip as subscriber numbers lag investor dreams
(Reuters) - Netflix Inc stock is set to open around 4 percent lower after the online entertainment company reported less-than-expected quarterly subscriber growth, undermining investor hopes for a dream run from its own programs.
Verizon unveils three Droid phones from Motorola
NEW YORK (Reuters) - Verizon Wireless, the biggest U.S. mobile service provider, on Tuesday announced three new phones under its Droid smartphone brand from Google Inc's Motorola and said that Motorola would be its exclusive Droid phone vendor going forward.
Lexmark says new deals to cushion revenue fall from inkjet exit
(Reuters) - Printer maker Lexmark International Inc reported better-than-expected quarterly results and said revenue would fall less than anticipated in 2013 due to big contract wins in services and software, sending its shares up 11.5 percent.
Cisco to buy Sourcefire, more network security deals seen
(Reuters) - Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that analysts say should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT security.
Nokia unveils bigger-screen version of low-price Lumia
HELSINKI (Reuters) - Finnish mobile phone maker Nokia launched a bigger-screen version of its low-price Lumia smartphone on Tuesday, aiming to close the gap with market leader Samsung which sells handsets in a wide range of sizes.
MTN says no financial impact from allegations against former CFO
JOHANNESBURG (Reuters) - South African mobile operator MTN Group said on Tuesday allegations against its former chief financial officer had to do with governance and would have "no impact" on its financial results.
Textbook publishers revamp e-books to fight used market
(Reuters) - A booming market in recent years for selling and renting used college textbooks has saved students across the United States a ton of cash.
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