Pace in Google talks on buying Motorola unit December 10, 2012 PACE, the British digibox manufacturer, has launched a bid to take over the set-top box division of Motorola, the electronics giant owned by Google. Since Motorola Home is believed to be worth far more than Pace, any deal would constitute a reverse takeover under British law, Pace said, as it suspended trading in its shares. [...]
Apple hit by Chinese iPhone sales worries December 6, 2012 APPLE’S market capitalisation fell below $500bn yesterday following news that the iPhone maker had fallen behind competitors in the crucial Chinese market. Although the stock recovered to finish slightly up yesterday, Apple has still lost more than eight per cent of its value this week, and is far below September’s $659bn value. Researchers IDC said [...]
What the other papers say this Morning December 5, 2012 FINANCIAL TIMES Deutsche hid $12bn losses, say staff Deutsche Bank failed to recognise up to $12bn (£7.5bn) of paper losses during the financial crisis, helping the bank avoid a government bailout, three former bank employees have alleged in complaints to US regulators. Deutsche denied the claims, and said they were more than two and a [...]
Ericsson seeks US ban on Samsung December 3, 2012 Swedish telecoms gear maker Ericsson has filed a request with the US International Trade Commission to ban US imports of products made by South Korean group Samsung. The request from Ericsson, which said yesterday the products infringe on its patents, came after it sued Samsung for patent infringement in a US court last week. Samsung [...]
Nokia looks for BlackBerry ban after court win November 28, 2012 NOKIA has won a significant victory over the company that makes BlackBerry smartphones, the Finnish firm revealed yesterday, with a court deciding that its patented Wi-Fi technology was being used without permission. Research in Motion (RIM) now faces the prospect of having to change the technology used in its devices or pay fees to Nokia. [...]
iPhone 5 sees Apple take bite out of Android November 27, 2012 THE LAUNCH of the iPhone 5 led to Apple regaining the initiative in the smartphone wars in recent weeks, data released yesterday showed. US sales of iPhones overtook those of smartphones running Google’s software, Android, during the 12 week period to 28 October, figures from researchers Kantar Worldpanel showed. It is the first time since [...]
Ericsson and Samsung in patent wars as licensing talks collapse November 27, 2012 ERICSSON, the world’s biggest telecom network equipment maker, said it was suing Samsung Electronics for patent infringement after two years of talks failed to yield a licence agreement. Sweden’s Ericsson, which reckons more than 40 per cent of the world’s mobile traffic passes through its networks, filed a lawsuit in the United States saying Samsung [...]
Samsung finds labour failures November 26, 2012 Korean electronics giant Samsung said yesterday it had found evidence of “several instances of inadequate practices” at its suppliers in China. An internal audit of working practices at 105 Chinese suppliers found repeated examples of excessive working hours and incorrect contracts. The company, which is now investigating further factories, said it would remedy the failures. [...]
Apple adds products to lawsuit November 25, 2012 Apple has asked a federal court to add six more products to its patent infringement lawsuit against Samsung Electronics, including the Samsung Galaxy Note II, in the latest move in an ongoing legal war between the two companies. The case is one of two patent infringement lawsuits pending in the US District Court in San [...]
RIM shares rally on fresh hopes November 22, 2012 BLACKBERRY maker Research in Motion (RIM) received a rare boost yesterday as renewed optimism over its next range of smartphones sent shares in the company up more than 16 per cent. The Canadian firm has seen its share price repeatedly battered by gloom over its potential to recover former glories in the face of competition [...]