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May 16, 2013

Dell’s profit dives as billionaire battle rages on

SAN FRANCISCO, May 16 (Reuters) – Dell Inc, the
subject of a takeover battle between activist investor Carl
Icahn and the company’s billionaire founder, reported a 79
percent slide in profit as personal computer sales continued to
shrink.

The disappointing results lend weight to Michael Dell’s
effort. The man who started Dell from a college dorm room wants
to take the world’s No.3 PC maker private for $24.4 billion,
arguing that its transformation into a provider of enterprise
computing services, from mainly a computer maker in a shrinking
market, is best done away from public scrutiny.

May 15, 2013

Google launches streaming music service ahead of Apple

SAN FRANCISCO (Reuters) – Google Inc (GOOG.O: Quote, Profile, Research) launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora (P.N: Quote, Profile, Research) and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc (AAPL.O: Quote, Profile, Research), which pioneered online music purchases with iTunes.

May 15, 2013

Google music service starts Wed, steals march on Apple

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

May 15, 2013

Google music service starts Wednesday, steals march on Apple

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

May 15, 2013

Google music service starts Wed, steals march on Apple

SAN FRANCISCO, May 15 (Reuters) – Google Inc
launched a music service on Wednesday that allows users to
listen to unlimited songs for $9.99 a month, challenging smaller
companies like Pandora and Spotify in the market for
streaming music.

With its new service, announced at its annual developers’
conference in San Francisco, Google has adopted the streaming
music business model ahead of rival Apple Inc, which
pioneered online music purchases with iTunes.

May 15, 2013

Google’s music service to launch Wednesday in U.S.

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

Apr 23, 2013

STMicro sees new products, better market lifting sales

SAN FRANCISCO/PARIS (Reuters) – European chipmaker STMicroelectronics said signs of market recovery and new products, such as motion sensor chips for video games consoles, should drive a pick up in sales in the second half of this year.

The bullish outlook lifted its shares over 6 percent in Tuesday morning trading, despite the group posting a sixth straight quarterly loss due to its mobile chip joint venture with Sweden’s Ericsson, which is being closed.

Apr 11, 2013

Cybercrime ring attacks videogame companies for years-researcher

SAN FRANCISCO (Reuters) – Cybersecurity researchers have uncovered a Chinese hacking ring that they said broke into the servers of dozens of online videogaming companies and stole valuable source code over a four-year period.

Kaspersky Lab warned on Thursday that an organization it christened “Winnti” had infiltrated the servers of at least 35 game developers and publishers, mostly in East Asia including South Korea, but also in Germany, the United States, Japan, China, Russia, Brazil, Peru, and Belarus.

Mar 13, 2013

Sundar Pichai to head Google’s Android division

SAN FRANCISCO (Reuters) – Andy Rubin, the architect of Android, the world’s top-selling mobile operating system, has decided to step down as Google Inc (GOOG.O: Quote, Profile, Research) combines mobile software divisions under one roof, the company said on Wednesday.

Google appointed Sundar Pichai, the executive overseeing its Chrome web browser and applications like Google Drive and Gmail, to take over Rubin’s responsibilities, hinting at how the company with the dominant Internet search engine intends to address the rise of mobile devices.

Mar 13, 2013

Google’s Android chief Andy Rubin steps down

SAN FRANCISCO (Reuters) – Andy Rubin, the architect of Android, the world’s top-selling mobile operating system, has decided to step down as Google Inc combines mobile software divisions under one roof, the company said on Wednesday.

Google appointed Sundar Pichai, the executive overseeing its Chrome web browser and applications like Google Drive and Gmail, to take over Rubin’s responsibilities, hinting at how the company with the dominant Internet search engine intends to address the rise of mobile devices.

    • About Edwin

      "Based in Los Angeles, I oversee company news coverage of much of the U.S. West Coast, including such corporations as Apple, Google and Microsoft. Previously, I was bureau chief for Hong Kong and Shanghai and oversaw coverage for all corporations in China and Hong Kong."
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