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  • SAN FRANCISCO, May 23- Oracle Corp filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In a retrial at U.S. District Court in San Francisco, Oracle Corp has claimed Google's Android smartphone operating system violated its...

  • SAN FRANCISCO, May 23- Oracle Corp filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In court on Monday, Google attorney Robert Van Nest played a video of a speech by Oracle Chairman Larry Ellison praising "our friends at...

  • * "Painful" shift behind smartphone rebound- exec. SEOUL, May 23- From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business. "We've now gotten to a point where we can secure a baseline profit even if the market stagnates, so long...

  • SAN FRANCISCO, May 17- Longtime customers dramatically reduced the amount of licensing revenue they paid to use Oracle products after Google stole its copyrighted software to enter the smartphone market, Oracle's co-chief executive Safra Catz told jurors on Tuesday. In a trial at San Francisco federal court, Oracle Corp has claimed Google's Android...

  • SAN FRANCISCO, May 16- Oracle Corp did not acquire Sun Microsystems in 2009 in order to launch a copyright lawsuit against Google, but rather to protect its products that relied on Sun's software, Oracle co-Chief Executive Safra Catz told jurors on Monday. In a trial at San Francisco federal court, Oracle claims Google's Android smartphone operating system...

  • WILMINGTON, Del, May 12- T. Rowe Price Group Inc cannot sue computer maker Dell Inc for a higher price in the 2013 buyout by its founder because the fund company voted, albeit mistakenly, in favor of the deal, a Delaware judge has ruled. After Michael Dell and private equity firm Silver Lake took the computer maker private, hundreds of shareholders unhappy with the...

  • *Sharp's annual operating loss widened to 162 bln yen. TOKYO/ TAIPEI, May 12- Japan's Sharp Corp has named a top Foxconn executive as CEO and said it would seal a $3.5 billion stake sale to the Taiwanese firm ahead of schedule, as the display maker seeks a return to profit in the face of slowing smartphone sales. Sharp said Foxconn Vice Chairman Tai Jeng- wu will succeed...

  • The agencies have written to Apple Inc, AT&T Inc and Alphabet Inc, among others, in order "to better understand, and ultimately to improve, the security of mobile devices," the FCC said. The FCC sent letters to six mobile phone carriers on security issues, while the FTC ordered eight mobile device manufacturers including BlackBerry Ltd, Microsoft Corp, LG Electronics...

  • *Eight handset makers are probed over alleged patent violation. HONG KONG, May 6- The U.S. International Trade Commission is launching an investigation into mobile devices made by eight smartphone vendors including Samsung Electronics Co over an alleged patent violation, the trade panel said on its website. The probe follows a complaint filed by Singapore-...

  • TAIPEI, April 28- Taiwan stocks fell on Thursday as Apple Inc's suppliers mostly fell for the second day after the iPhone maker's first-ever fall in smartphone sales wiped off about $36 billion in market value, evoking talk of "peak iPhone." As of 0423 GMT, the main TAIEX index fell 1.1 percent, to 8,473.49, after closing at 8,563.05 in the previous session.

  • Apple's shares were down 7.7 percent at $96.30 in early trading and were set for their biggest one-day fall in more than two years, a day after the company reported its first-ever fall in smartphone sales, arousing talk of "peak iPhone". "And unfortunately, nothing that we've seen about iPhone 7 thus far strikes us as particularly innovative," said Schachter, who cut...

  • Apple's shares were down 8 percent at $95.80 in premarket trading on Wednesday after the company reported its first-ever fall in smartphone sales, arousing talk of "peak iPhone". "And unfortunately, nothing that we've seen about iPhone 7 thus far strikes us as particularly innovative," said Schachter, who cut his price target to $112 from $117 while maintaining...

  • Rival printer maker Lexmark International Inc said last week it agreed to be taken private by a group of investors led by China- based Apex Technology Co Ltd and PAG Asia Capital in a deal valued at $3.6 billion net of cash. Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents...

  • Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents per share, a year earlier. On an adjusted basis, the company earned 22 cents per share. Revenue fell to $4.28 billion from $4.47 billion.

  • *Books 59.6 bln yen impairment loss on camera module business. TOKYO, April 21- Japanese electronics firm Sony Corp cut its profit estimate by 9.4 percent for the financial year that ended in March, as slowing global smartphone sales dented demand for its camera modules. Sony said on Thursday it is estimating an operating profit of 290 billion yen for the year, down...

  • The company said it expects third quarter profit of between $0.90- $1.0 per share. The San Diego- based company has faced a host of problems last year including a slowdown in smartphone sales, delays in closing new licensing agreements in China, its biggest market, and fighting an ultimately successful battle to thwart an activist investor's plan to break up the...

  • April 19- Intel Corp said on Tuesday it would cut 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found. Intel's shares were down 2.6 percent at $30.78 in extended trading.

  • BRUSSELS, April 19- Europe's antitrust chief is expected to hit Google on Wednesday with anti-competitive charges concerning its Android mobile phone operating system, two people familiar with the matter said. EU charges would open up a second front in the regulatory battle between the European Commission and Google, exposing the world's most popular...

  • *Google 2015 revenues from ads on Android phones $11 bln- analyst. AMSTERDAM/ FRANKFURT, April 18- The European competition commission is gearing up to charge Google with giving unfair prominence to its own apps like search and maps in supplementary software licensing deals it strikes with mobile phone makers running its Android operating system, four sources...

  • Apple predicts how long you'll use an iPhone

    The company says the average customer will carry an iPhone for three years before updating to a new model.