technology news

China's Lenovo buys and diversifies to outshine PC rivals

HONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.

Posted on 22 May 2013 | 11:48 pm

Ireland says will not be U.S. 'whipping boy' on tax

DUBLIN (Reuters) - Ireland's finance minister said the country would not be the "whipping boy" for what he called a flawed U.S. Senate report that said Irish loopholes helped technology giant Apple shrink its tax bill.

Posted on 22 May 2013 | 6:48 pm

Dish on national security PR offensive against SoftBank

WASHINGTON/NEW YORK (Reuters) - Dish Network Corp is ramping up its Washington-centric campaign to thwart Japanese firm SoftBank Corp's bid for Sprint Nextel Corp, hoping to convince lawmakers and government reviewers that it poses national security risks.

Posted on 22 May 2013 | 6:29 pm

Apple, former Washington wallflower, now at center of tax fight

WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code.

Posted on 22 May 2013 | 6:02 pm

HP raises 2013 outlook as Whitman's plan takes hold

SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.

Posted on 22 May 2013 | 5:52 pm

5 'Iron Man'-like robot suits

Bionic exoskeletons that make us superhuman could soon be a reality -- take a look at five of the most incredible robot suits being developed.

Posted on 22 May 2013 | 5:09 pm

Here's how to pronounce 'GIF'

We can't settle iPhone vs. Android or "Star Wars" vs. "Star Trek" for you. But another long-running geek debate was put to rest Tuesday night.

Posted on 22 May 2013 | 5:07 pm

Storm-scattered items return home via Facebook

On Sunday, a mystery photograph fluttered from the sky and landed near Leslie Hagelberg's mailbox in West Tulsa, Oklahoma.

Posted on 22 May 2013 | 5:06 pm

Twitter beefs up security after hacking spree on media

(Reuters) - Twitter Inc unveiled technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets including the Associated Press, the Financial Times and The Onion.

Posted on 22 May 2013 | 4:45 pm

The Xbox One Is All-New — But Familiar, Too

New game consoles don’t exactly come along every week. Microsoft unveiled its current one, the Xbox 360, back on May 12, 2005 — an era when the newest version of Windows was XP, almost all forms of gadget input involved clacky little buttons and the fastest way to get Netflix into your living room involved a red envelope and the U.S. po…

Posted on 22 May 2013 | 3:00 pm

'Irrational' hackers are growing U.S. security fear

(Reuters) - Cybersecurity researcher HD Moore discovered he could use the Internet to access the controls of some 30 pipeline sensors around the country that were not password protected.

Posted on 22 May 2013 | 2:27 pm

Europe targets Switzerland in fight against bank secrecy

BRUSSELS (Reuters) - Europe edged closer to lifting banking secrecy on Wednesday after Austria said it was ready to share data on foreign depositors but Vienna's support could fade should efforts to strike a similar deal with Switzerland fail.

Posted on 22 May 2013 | 2:02 pm

Former Yahoo executive Shashi Seth to head Tribune digital

(Reuters) - Former Yahoo Inc executive Shashi Seth has joined Tribune Co to lead its digital ventures as the newspaper and broadcast company seeks new revenue sources.

Posted on 22 May 2013 | 1:56 pm

SAP looks to recruit people with autism as programmers

FRANKFURT (Reuters) - German software company SAP is looking to recruit people with autism as programmers and product testers, drawing on skills that can include a close attention to detail and an ability to solve complex problems.

Posted on 22 May 2013 | 1:04 pm

EU leaders talk tough on tackling Amazon, Google over taxes

BRUSSELS (Reuters) - Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful.

Posted on 22 May 2013 | 11:42 am

Pearson agrees $75 million settlement in U.S. e-books case

LONDON/NEW YORK (Reuters) - British publisher Pearson's Penguin unit said on Wednesday it would pay $75 million in damages plus costs to U.S. states and consumers as part of an agreement over alleged price-fixing in the e-book market.

Posted on 22 May 2013 | 11:41 am

Xbox One Raises the Burden of Privacy Safeguards: 5 Questions for Microsoft

Some things you take for granted, like the fact that in Star Trek, there’s a computer that’s always listening, always observing, always standing by cataloging data. Who owns that data? Where’s it stored? Who determines how it’s used? Who knows. The shows chose to slide by those questions and focus on others. The ho…

Posted on 22 May 2013 | 11:40 am

British opposition leader says Google tax behavior 'wrong'

LONDON (Reuters) - Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.

Posted on 22 May 2013 | 10:56 am

Video game maker Atari seeks court approval for sale of assets

(Reuters) - Video game maker Atari Inc is seeking court approval for the sale of all its assets as it works its way out of bankruptcy protection.

Posted on 22 May 2013 | 10:07 am

Telefonica cuts handset prices to win back Spanish clients

MADRID (Reuters) - Spanish telecoms operator Telefonica lowered prices on smartphones by between 15 and 30 percent in its domestic market on Wednesday to fight increasing competition in the recession-hit country.

Posted on 22 May 2013 | 10:06 am