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Thursday, July 31, 2014

Technology Report: Samsung Electronics downbeat on third quarter prospects as profits slide

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07/31/2014
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Samsung Electronics downbeat on third quarter prospects as profits slide
SEOUL (Reuters) - Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth.
Microsoft ordered by U.S. judge to submit customer's emails from abroad
NEW YORK (Reuters) - Microsoft Corp must turn over a customer's emails and other account information stored in a data center in Ireland to the U.S. government, a judge ruled on Thursday, in a case that has drawn concern from privacy groups and major technology companies.
Smartphone management flaws puts users at risk, researchers say
VIENNA (Reuters) - Security researchers have revealed two separate threats this week they say could put up to 90 percent of the world's 2 billion plus smartphones at risk of password theft, stolen data and in some cases let hackers take full control of devices.
China slams Canada for 'irresponsible' hacking accusations
BEIJING (Reuters) - China's foreign ministry accused Canada on Thursday of making irresponsible accusations lacking any credible evidence after Canada singled out Chinese hackers for attacking a key computer network and lodged a protest with Beijing.
Hackers can tap USB devices in new attacks, researcher warns
BOSTON (Reuters) - USB devices such as keyboards, thumb-drives and mice can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed on Thursday.
Sony warns smartphone weakness will brake profit progress after first-quarter surge
TOKYO (Reuters) - Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, as the consumer electronics maker said restructuring will still help it turn a profit on its TVs after 10 years of losses.
Xiaomi's star rises as Chinese handset makers gnaw at Samsung's share: report
BEIJING (Reuters) - Xiaomi Inc, the three-year old company known as the Apple of China, has become the world's No.5 smartphone maker by market share while Samsung Electronics Co Ltd's lead has continued to shrink, a report by Strategy Analytics shows.
T-Mobile leads industry in subscriber additions
(Reuters) - T-Mobile US Inc on Thursday posted its first net profit in a year, raised its forecasts for subscriber growth and reported the most postpaid phone subscriber additions in the industry.
Panasonic confirms will invest in $5 billion Tesla battery plant
TOKYO (Reuters) - Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size of its investment.
New products to return Taiwan's HTC to growth by year end
TAIPEI (Reuters) - Taiwan's HTC Corp will return to growth in the final three months of 2014 after a bruising few years that has seen market share dwindle amid steep sales declines.
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