Technology: Hardware
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Trip Chowdhry, Managing Director of Equity Research at Global Equities Research, says Dell's strategy and products are old and Michael Dell doesn't have the skills to turn the company around.
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*Chiasson convicted over trades in Dell, Nvidia. The government said in a Manhattan federal court filing that Anthony Chiasson, who was convicted in December of securities fraud and conspiracy, should spend 97 to 121 months behind bars. In December, a jury convicted Chiasson of using confidential information to trade in shares of computer maker Dell Inc.
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Microsoft is preparing to reverse course over key elements of its Windows 8 operating system, the FT reports.
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The Pentagon has accused the Chinese government and military of conducting computer-based sabotage, including efforts to steal information from federal agencies.
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SANTA CLARA, California, May 6- Intel Corp. Intel's chips dominate the PC industry but the company has struggled to adapt its processors for smartphones and tablets, a market dominated by Qualcomm.
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Google is on the verge of unveiling an à la carte subscription service for some of YouTube's specialist video channels, the Financial Times reports.
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SHANGHAI, May 6- Amazon.com Inc launched an Android application store that offers paid apps in China, beating Google Inc, as the online retailer seeks to increase the amount of digital content it offers in the world's largest mobile phone market.
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Concerns over domestic surveillance aside, the industry says 100,000 jobs could eventually be created if the FAA integrates drones into U.S. airspace by its 2015 target date.
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Cellphone theft is on the rise, but carriers and handset makers have no incentive to fix the problem. The NYT reports.
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Yahoo CEO Mayer, who sparked an uproar and hurt her image as a working mom when she banned telecommuting 2 months ago, is now offering employees generous new family leave benefits.
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NEW YORK, April 28- Dell shareholders could still stand to profit even after Blackstone Group LP withdrew its bid to buy the world's No. 3 personal computer maker more than a week ago, Barron's said on Sunday.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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April 26- Samsung Electronics Co Ltd grabbed more smartphone market share from archrival Apple Inc in the latest quarter, with sales of its phones jumping to account for one third of the global market.
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April 26- Samsung Electronics Co Ltd grabbed more smartphone market share from archrival Apple Inc. Sales of the iPhone 5 helped Apple's volumes grow 6.6 percent to 37.4 million phones in the quarter from a year earlier, but that was not enough to stop its share of the market dropping to 17.3 percent from 23 percent, research firm IDC said.
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Searches of financial terms on Google can be used to predict the direction of the stock market, according to an analysis of search engine behavior.
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SAN FRANCISCO, April 24- Leading cellphone chipmaker Qualcomm forecast earnings below expectations on Wednesday as competition in the smartphone market intensifies, sending its stock sharply lower.
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NEW YORK, April 23- AT&T Inc reported a net loss of cellphone subscribers in the first quarter as it lost market share to bigger rival Verizon Wireless, sending its shares down about 2 percent. As a result AT&T's revenue missed Wall Street expectations as its subscriber growth was driven by tablet computer users who pay lower monthly fees than phone users.
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Broadcom, which sells wireless chips used in Apple's iPhone as well lower-end devices popular in Asia, posted first-quarter revenue of $2.01 billion, up 9.7 percent from the year-earlier period.
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NEW YORK, April 23- AT&T Inc reported weaker than expected quarterly revenue as its wireless subscriber growth for the first quarter was driven by tablet computer users who pay lower fees than cellphone customers.
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NEW YORK, April 23- AT&T Inc reported faster-than-expected wireless subscriber growth for the first quarter, driven by sales of tablet computers with cellular connections. Its profit rose to $3.7 billion, or 67 cents per share, from $3.58 billion, or 60 cents per share, in the year-ago quarter.
