Technology Report: Fairfax sets floor for BlackBerry with $4.7 billion offer

	Click to View in Browser 09/23/2013 Fairfax sets floor for BlackBerry with $4.7 billion offer TORONTO (Reuters) - Struggling smartphone maker BlackBerry on Monday signed a tentative deal to be acquired by a consortium led by its biggest shareholder, setting a $4.7 billion floor in the auction of the Canadian company that pioneered on-the-go email. Apple polishes forecast after selling 9 million new iPhones (Reuters) - Apple Inc sold 9 million new iPhones in an opening weekend for the product that included China for the first time and almost doubled sales from the last iPhone launch, and the company issued a more optimistic financial forecast. U.S. charges ex-Qualcomm executive, adviser in insider-trading scheme WASHINGTON (Reuters) - The U.S. government on Monday filed civil and criminal charges against a former executive at the wireless technology company Qualcomm and his financial adviser, alleging they reaped illicit profits by using inside information about the company in trading stocks. Microsoft revamps Surface tablets to challenge Apple NEW YORK/SEATTLE (Reuters) - Microsoft Corp unveiled faster, more powerful versions of its Surface tablet computer on Monday in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple Inc's iPad. U.S. trade panel judge says HTC violates Nokia patents WASHINGTON (Reuters) - HTC Corporation infringed on two Nokia Corp patents in making its mobile telephones and tablets, a judge said in a preliminary ruling for the U.S. International Trade Commission. No big foreign telecoms in Canada auction, boosting domestics OTTAWA (Reuters) - Major foreign telecommunications companies have decided against registering for a Canadian wireless spectrum auction, in a setback for the government's plans to introduce more competition into the mobile telephone sector. BlackBerry savior Watsa, an investor with a long view TORONTO (Reuters) - As soon as Prem Watsa stepped down from Blackberry's board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Six weeks later, the man some call Canada's Warren Buffett has delivered, beginning a rescue project he once said could take four or five years. Apps find sitters, overnight lodging for furry friends TORONTO (Reuters) - Dog owners need not worry about leaving their pets at home alone or finding a kennel because new apps can locate and book sitters in their neighborhoods who will lodge, feed and entertain their animals. Dell updates terms on increased $7.2 billion LBO loan NEW YORK (Reuters) - Computer maker Dell Inc updated facility sizes on its new approximately $7.2 billion loan that will back the company's $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC. Marvell fails to void $1.17 billion U.S. verdict, chipmaker may owe more (Reuters) - Marvell Technology Group Ltd failed to overturn a $1.17 billion jury verdict for infringing two hard disk drive patents held by Carnegie Mellon University, and a federal judge said the amount may grow because the infringement was willful. Related Video Netflix wins major Emmy award How apps will save your life Mediafile 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