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Sprint will launch the BlackBerry Q10 this summer as its first BlackBerry 10 smartphone. Lois Eichelberger Fagan, director of product portfolio for Sprint, revealed in an interview with CNET that the company had originally planned to launch the BlackBerry Z10 and Q10 together earlier this year, however the plan was abandoned after BlackBerry delayed the Q10 until June. The company decided the timing wasn’t right for a Z10-only launch and felt more confident in the Q10, which it believes will sell better among BlackBerry users because of its QWERTY keyboard. The executive noted, however, that the carrier isn’t done with BlackBerry and plans to release a second smartphone later this year. Fagan didn’t go into further detail about the device, Publ.Date : Tue, 21 May 2013 17:15:57 -0400
IBM spoke of shrinking its intelligent supercomputer Watson down to smartphone size last summer, and now it appears that the company is getting close to achieving that goal. Watson, which gained notoriety by famously trouncing two champions on Jeopardy, will not initially come to smartphones as a stand-alone app like Siri or Google Now, though it could eventually give both services a run for their money. Instead, IBM will partner with a number of companies including ANZ Bank, Nielsen, Celcom, IHS, and Royal Bank of Canada, Forbes reports to have Watson power customer service systems for these companies. Watson will initially be accessible though Web chats, email, smartphone apps and SMS, and voice recognition functionality is expected to come in future versions of the offering. Apps that Publ.Date : Tue, 21 May 2013 16:30:30 -0400
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 banks, business partners and workers rather than shareholders seeking value. Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder. ...
Publ.Date : Tue, 21 May 2013 19:04:47 -0400
WASHINGTON (AP) — Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Publ.Date : Wed, 22 May 2013 00:11:42 -0400
Eight years after the debut of the Xbox 360, Microsoft has announced the Xbox One. Publ.Date : Tue, 21 May 2013 18:21:38 -0400
MILAN (Reuters) - Telecom Italia denied on Tuesday that a company break-up was under consideration. "Telecom Italia points out that speculations about a possible break-up are groundless," a spokesman for the company said in an emailed statement. Earlier on Tuesday three sources told Reuters the Italian phone company was mulling a spinoff of its mobile unit along with its fixed-line network from the rest of the company to bring new investors on board. (Reporting by Francesca Landini; Editing by Gary Hill) Publ.Date : Tue, 21 May 2013 15:53:07 -0400
WASHINGTON (AP) — The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.
Publ.Date : Tue, 21 May 2013 19:09:56 -0400
First up today is Melt, a social networking app that lets you exchange photos with random people around the world.MONTAJ, our second app today, makes creating and sharing videos easy and quick, offering filters and some editing capabilities. Finally, Bombcats puts a new spin on physics puzzlers by including exploding cats. Publ.Date : Tue, 21 May 2013 08:20:20 -0400
By Bill Rigby and Malathi Nayak REDMOND, Washington (Reuters) - Microsoft Corp unveiled the "Xbox One" on Tuesday, its first new gaming console in eight years, and its strongest push so far to dominate consumers' living rooms with an array of exclusive media content. The Xbox One took four years to develop and will be the launchpad for a "Halo" live-action video series produced by Steven Spielberg. It will be sold worldwide "later this year," games unit chief Don Mattrick told reporters at an event at the software company's campus near Seattle, without providing details on timing or pricing. ...
Publ.Date : Tue, 21 May 2013 19:22:29 -0400
By Alina Selyukh and Jim Finkle WASHINGTON/BOSTON (Reuters) - Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid. California Representative Henry Waxman released the report, co-authored with Massachusetts Representative Ed Markey, at the House Energy and Commerce Committee's cybersecurity hearing on Tuesday. ...
Publ.Date : Tue, 21 May 2013 17:47:37 -0400
BGR took an in-depth look at Leap Motion’s revolutionary motion-control PC accessory last year, and we loved the accuracy and shocking reliability of Leap’s technology. The controller was only compatible with Mac computers at the time, however. In a recent post on the company’s blog, Leap showed off its upcoming Windows 7 and Windows 8 integration, which it plans to launch on July 22nd. An accompanying video shows how well Leap’s controller works with Windows for swiping, scrolling, zooming in and out, flipping through photos, drawing and more. It’s not quite Minority Report, but we’re getting there. Leap Motion’s full video follows below. Publ.Date : Tue, 21 May 2013 18:00:21 -0400
It’s taken a while, but Microsoft’s big plan for conquering consumers’ living rooms is now finally coming together. For years, major tech companies have been obsessed with getting their software and applications onto television screens and have mostly employed a series of set-top boxes that have done little to spark consumer interest. But unlike Apple and Google, Microsoft has always had a secret weapon that it’s been waiting to deploy to make sure that its software becomes entrenched on users’ television sets: Namely, the Xbox. For years now the Xbox has been the MVP of Microsoft’s consumer electronics division. While the company has badly lagged behind in both the smartphone and tablet realms, it has stayed strong in the gaming Publ.Date : Tue, 21 May 2013 15:55:44 -0400
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 people, including a senior political source, told Reuters on Tuesday. "The three-way split would allow the company to reduce debt and staff costs and favor the entry of new investors," the political source said. "It is a strategy that will allow the company to confront the market in the future more freely." Later on Tuesday, the Italian phone company denied a break-up was under consideration. ...
Publ.Date : Tue, 21 May 2013 16:30:50 -0400
REDMOND, Wash. (AP) — Will gamers want One?
Publ.Date : Wed, 22 May 2013 04:58:31 -0400
By Patrick Temple-West and Kevin Drawbaugh WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. The Senate Permanent Subcommittee on Investigations has found that Apple in 2012 alone avoided paying $9 billion in U.S. taxes, using a strategy involving three offshore units with no discernible tax home, or "residence. ...
Publ.Date : Tue, 21 May 2013 17:37:06 -0400
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 David Marcus said on Tuesday. "You'll start seeing us amping marketing up later this year," Marcus said in an interview with Reuters. PayPal is trying to become a common way of paying in physical stores, a much larger market than its online roots. ...
Publ.Date : Tue, 21 May 2013 15:56:00 -0400
Japanese carrier SoftBank has granted Sprint a waiver allowing it to consider Dish’s $25.5 billion bid for the company. The waiver gives Sprint permission to disclose non-public information and engage in negotiations with Dish regarding its buyout proposal. The Sprint Board of Directors has the right to terminate the existing merger agreement with SoftBank to accept a superior offer, however it has not yet changed its recommendation. SoftBank offered to pay $20.1 billion for a 70% stake in the wireless provider last October. Sprint will conduct due diligence with Dish and make a final decision in early June when shareholders vote to approve or reject SoftBank’s offer. Sprint’s press release follows below. Sprint Provides Transaction Update Sprint Receives Waiver from Publ.Date : Tue, 21 May 2013 21:30:29 -0400
(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 U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange. Billionaire hedge fund investor Daniel Loeb last week called on the company to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker. Sony declined to comment when contacted by Reuters. ...
Publ.Date : Tue, 21 May 2013 15:58:26 -0400
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries. The Irish government, which has seen the luring of U.S. multinationals with low taxes as a key part of its economic policy since the 1960s, said its system was transparent and other countries were responsible if the tax rate paid by Apple was too low. ...
Publ.Date : Tue, 21 May 2013 20:15:11 -0400
REDMOND, Wash. (AP) — Microsoft thinks it has the one.
Publ.Date : Tue, 21 May 2013 19:24:39 -0400
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