Wednesday, May 22nd, 2013

Technology News

Entertaining change: Sony to look at activist's spin-off idea

By Tim Kelly TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with ba...
May 22, 2013, 7:12 am
Sprint lifts bid for Clearwire in broadband battle

NEW YORK (AFP) - Sprint said Tuesday it was hiking its offer for the remaining shares of broadband service firm Clearwire, in the face of a rival bid from satellite TV group Dish Networks.
May 22, 2013, 6:18 am
Court revives lawsuit vs Electronic Arts over video game image

By Jonathan Stempel (Reuters) - A divided federal appeals court has revived a lawsuit against Electronic Arts Inc by a former Rutgers University star football quarterback, who accused i...
May 22, 2013, 6:08 am
Sony to assess spin-off proposal for entertainment business: Nikkei

(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's ...
May 22, 2013, 5:59 am
Apple's Cook grilled in Congress on offshore taxes

Apple chief Tim Cook faced a grilling by US lawmakers on "sham" subsidiaries and "convoluted" strategies to shift profits offshore.
May 22, 2013, 5:50 am
Telecom Italia mulls mobile unit spinoff: sources

By Stefano Rebaudo and Alberto Sisto MILAN (Reuters) - Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network to bring new investors on board, three pe...
May 22, 2013, 4:59 am
France Tel to invest up to 50 million euro in Dailymotion: report

PARIS (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn, its chief ...
May 22, 2013, 4:43 am
EU and U.S. not coordinating on China solar dispute

By Daniel Bases and Doug Palmer (Reuters)- NEW YORK/WASHINGTON - Europe and the United States both said on Tuesday they were not holding coordinated talks to negotiate an end to a trade...
May 22, 2013, 3:48 am
PayPal to increase marketing this year for offline push

By Alistair Barr SAN FRANCISCO (Reuters) - PayPal, the online payment operation owned by eBay Inc, will increase marketing spending to support its push into physical stores, President D...
May 22, 2013, 3:25 am
Microsoft unveils Xbox One with Spielberg, Activision tie-up

Microsoft has unveiled the 'Xbox One', its strongest push so far to dominate consumers' living rooms with an array of media content.
May 22, 2013, 3:24 am

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