Articles by Staff Reporter
Zynga Hit by Twin Lawsuits after Stock Carnage
Zynga Inc was hit by a pair of lawsuits from shareholders accusing the "FarmVille" creator of failing to warn about declines in user and revenue growth before disastrous results sent its shares into a tailspin last week.
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Google Delays Widely-Panned 'Nexus Q' ORB Gadget
Google Inc is postponing the launch of the Nexus Q, the Internet giant's first self-designed and marketed consumer electronics device, in a smudge on its budding hardware credentials.
Apple Designer: iPhone Crafters are 'Maniacal'
Apple Inc's celebrated industrial design team is a group of around 16 "maniacal" individuals from all over the world who spend a lot of time brainstorming around a kitchen table.
Olympics Fans Find Ways to Circumvent NBC's Online Control
It took Jason Legate, a Walnut Creek, California-resident, all of 10 minutes to connect his computer to a London-based server and access BBC's coverage of the Olympics Saturday, thereby circumventing NBC's lock on coverage in the United States.
Twitter Suspends Reporter's Account for NBC Tweet
Twitter Inc and NBC Universal's move to suppress a British reporter's tweets related to the network's Olympics coverage may have backfired after the incident became fodder for Twitter chatter around the world on Monday.
Japan's Toshiba Beats Forecasts on Power System Sales
Japanese electronics conglomerate Toshiba Corp trumped forecasts with a more than doubling of its quarterly profit on Tuesday, boosted by strong overseas earnings from sales of power systems and other energy products despite sluggish chip sales.
Apple Gears Up for September 12 Event, Stokes iPhone Talk
Apple Inc is gearing up to unveil a new product at a major September 12 event, a source familiar with the plan said, presaging the long-awaited launch of the redesigned iPhone.
Interim Yahoo CEO Ross Levinsohn Leaves Company
Ross Levinsohn is leaving Yahoo, two weeks after the company announced he lost out on the top job to Google executive Marissa Mayer, the company said in a filing.
Jury Selected in Apple, Samsung Patent Trial
An insurance agent, an unemployed video game enthusiast and a project manager for wireless carrier AT&T were among the 10 jurors selected to decide a high-stakes U.S. patent battle between Apple Inc and Samsung Electronics Co Ltd, with billions of dollars in the balance.
Data of 8.7 Million KT Subscribers Hacked in South Korea
KT Corp., South Korea's No. 2 wireless service provider, apologized on Sunday after personal data of millions of mobile phone subscribers was hacked.
Apple, Samsung Patent Trial Set to Kick Off, Billions at Stake
Jury selection is scheduled to begin on Monday morning in a high stakes patent battle between Apple Inc and Samsung Electronics Co Ltd, the culmination of over a year of pretrial jousting with billions of dollars in the balance.
Analysis: Apple Sounds Warning Bell for Smartphone Industry
If Apple Inc's weaker-than-expected quarterly result is anything to go by, the global smartphone industry is a lot more vulnerable to economic shocks these days than during the 2008-2009 financial crisis.
Don't Tweet If You Want TV, London Fans Told
Sports fans attending the London Olympics were told on Sunday to avoid non-urgent text messages and tweets during events because overloading of data networks was affecting television coverage.
Google Admits It Did Not Delete Street View Data
Google Inc said on Friday it had not kept its promise to delete all the personal data, such as emails, its Street View cars collected in Britain and other countries in 2010.
Facebook's Value Slides by $10 Billion; Outlook Unclear
Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments would put future earnings under pressure.
Analysis: Internet Stock Collapse Dents Silicon Valley
Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be seduced by Internet hype.
Google Urges End to Authors' Digital Book Lawsuit
Google Inc retook the offensive against thousands of authors claiming it copied their works without permission, and urged the end of a class-action lawsuit arising from its ambitious plan to build the world's largest digital book library.
Apple, Samsung Take Patent Fight to Crucial California Trial
Apple Inc and Samsung Electronics Co Ltd take their battle for mobile supremacy to court on Monday in one of the biggest-ever technology patent trials, a case with the potential to reshape a fast-evolving market they now dominate.
Nokia Scraps Phone Software to Conserve Cash: Sources
Finnish cellphone maker Nokia has ditched the software it was developing to compete with Google's mass-market Android phones, three sources with direct knowledge of the company's plans said, in its latest move to slash costs.
Analysis: Polycom Faces Painful, But Necessary, Shift to Software
Polycom Inc
was a big beneficiary of the 2008 recession, as its videoconferencing products helped companies cut back executive travel, but the advantage has proven short-lived as cheaper rivals muscle in on its business. Twitter Suffers Second Outage in Five Weeks
A data center glitch brought down Twitter for roughly 2 hours on Thursday, as the micro-blogging service suffered its second widespread outage in 5 weeks and another blow to its reputation and reliability.
Apple U.S. Margins for iPad about Half of iPhone: Filing
Apple Inc earned gross margins of 49 to 58 percent on its U.S. iPhone sales between April 2010 and the end of March 2012, while gross margins on the iPad were much lower during much of that period, according to a court filing.
Google Unveils Ultrafast Internet/TV in Kansas City
Google Inc made its foray into the market for bundled Internet and television services on Thursday, promising access speeds more than 100 times faster than those of traditional U.S. cable and telecommunications companies.
Facebook Revenue Growth Skids, Shares Plunge
Facebook Inc reported a drastic slowdown in revenue growth and offered no financial forecasts to ease worries over the prospects for boosting advertising in its first earnings report as a public company, sending its shares to a record low.
Smartphones Power Record Samsung Profit of $5.9 Billion During Apple Lull
Samsung Electronics Co, the world's top technology firm by revenue, reported on Friday a record operating profit of $5.9 billion for the June quarter, as rampant Galaxy S handset sales helped stretch its lead over Apple Inc.
Apple Releases 'Mountain Lion' Mac Software
Apple Inc released the latest version of the operating software for its MacIntosh computers on Wednesday, touting new features such as better integration with the "iCloud" Internet storage service and gaming.
Zynga Takes Axe to Outlook, Spooks Facebook Investors
Game provider Zynga Inc slashed its 2012 outlook and quarterly results badly missed Wall Street targets, sending its stock plunging 35 percent and casting a chill over Facebook Inc on the eve of the social network's inaugural results.
