By Daniel Bases NEW YORK (Reuters) – Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines. European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by [...]
SAN FRANCISCO (Reuters) – Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on Friday. Such an acquisition would be CEO Marissa Mayer's largest deal since taking the helm of [...]
LONDON (Reuters) – Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs. The meeting is a routine one and has been long-planned, will include other high-profile business people, and [...]
By Miyoung Kim SEOUL (Reuters) – Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers. After costly courtroom battles over technology patents, the two gadget giants are now going head-to-head over [...]
By Poornima Gupta and Edwin Chan SAN FRANCISCO (Reuters) – Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink. The disappointing results lend weight to Michael Dell's effort. The man who started [...]
By Alistair Barr SAN FRANCISCO (Reuters) – Developers at eBay Inc are working on potential applications for Google Inc's Glass project, opening up the possibility that shopping and broader commercial activities might be conducted through the wearable technology. "EBay Inc is participating in the beta of Google Glass and we are exploring the various use-case [...]
By Sinead Carew and Nicola Leske NEW YORK (Reuters) – Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current-quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending. Cisco shares rose about 8 percent after Chief Executive John [...]
By Nate Raymond NEW YORK (Reuters) – A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission. U.S. District Judge Louis Stanton in Manhattan denied a motion to certify a worldwide class of copyright owners in a long-running lawsuit over [...]
By Rachelle Younglai and Caren Bohan WASHINGTON (Reuters) – Senate supporters of a broad U.S. immigration bill struggled on Wednesday to satisfy technology companies that want greater leeway to hire high-skilled foreign workers. Democratic Senator Charles Schumer of New York took the lead in trying to broker a compromise on a visa program for skilled [...]
BEIRUT (AP) — Rebel fighters battled regime troops inside the walls of the sprawling central prison compound in Syria's largest city Wednesday, hours after blowing open the gate with twin car bombs in an attempted jailbreak, activists said.