European Technology, Media and Telecoms Correspondent
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May 31, 2012

Director Cameron sees slow takeoff for 3D at home

LONDON (Reuters) – Home viewing of movies in three dimensions will be slow to catch on until technology improvements deliver high-quality viewing without special 3D glasses, according to James Cameron, director of films including “The Terminator”, “Titanic” and “Avatar”.

Cameron, a fervent believer in 3D, said a lack of high-quality content was also a barrier to wider adoption, but a poor technology to accommodate groups of people watching from different angles without glasses was the main obstacle.

May 22, 2012

Internet domain name project relaunches after software bug

LONDON, May 22 (Reuters) – A project to allow companies to
set up a website with almost any address has relaunched after a
software glitch exposed sensitive details of applications last
month, forcing it to shut down.

In the most ambitious expansion of the Internet so far, the
body that oversees domain names has now given organisations
until May 30 to apply for their own Web address endings – for
example .london, .eco or .canon – provided they have a
legitimate claim to the domain name and can pay a hefty fee.

May 22, 2012

Japan’s Panasonic plans fridge factory in Europe

LONDON (Reuters) – Japanese electronics group Panasonic (6752.T: Quote, Profile, Research, Stock Buzz) plans to open a European factory this year to make home appliances, a market it is targeting as sales of televisions stagnate, in a rare vote of confidence for manufacturing in the crisis-hit euro zone.

Panasonic is looking to minimize the effect of a strong yen on its exports by bringing manufacturing closer to its customers, and also hopes to capitalize on any incentives that struggling euro zone governments may offer.

May 22, 2012

Apple still dominates world’s top brands -study

May 22 (Reuters) – Apple has maintained its place
as the world’s most valuable brand over the past year, leading a
group of technology-related companies that dominate the top 10,
according to a study published on Tuesday.

The iPhone and iPad maker has boosted its brand value by 19
percent in the past year to $183 billion, or 37 percent of its
market capitalisation, according to the annual BrandZ study by
leading brands and market-research agency Millward Brown.

May 21, 2012

Global ad group WPP bets on Myanmar as sanctions lifted

LONDON, May 21 (Reuters) – WPP has become the first
foreign advertising group to invest in Myanmar since Western
sanctions were lifted, betting on a flood of demand from
multinational companies wanting to market their goods and
services.

New York-based Ogilvy & Mather, part of the global WPP
group, said on Monday it had agreed to buy a stake in Myanmar’s
leading ad agency Today Advertising, staking out an early
position in one of Asia’s last frontier markets.

May 16, 2012

Police radio maker Sepura targets private sector

LONDON (Reuters) – Walkie-talkie maker Sepura (SEPU.L: Quote, Profile, Research) is targeting cash-rich mining, oil and utility companies with its acquisition of Austria’s 3T, as growth prospects in the public sector slow, its chief executive told Reuters on Wednesday.

Industrial companies are increasingly embracing the two-way Tetra radios long used by police, fire and ambulance services, as their rugged qualities make them suitable for tough environments such as mines or oil and gas fields.

May 15, 2012

A tabloid tale: the rise and fall of Rebekah Brooks

LONDON, May 15 (Reuters) – Rebekah Brooks rose from
secretary to chief executive of Rupert Murdoch’s British
newspaper group, but the woman who once partied with prime
ministers now faces criminal charges and possible prison time.

Entering a London police station on Tuesday to be told she
was charged with hiding evidence from police investigating
phone-hacking by some of her reporters, Brooks was beset by
cameramen and photographers eager to capture every detail of her
dramatic fall from grace.

May 7, 2012

Payday loan firm Wonga to lend to small businesses

LONDON (Reuters) – British online payday loans provider Wonga.com launched a credit service for small businesses on Monday, aiming to fill a gap in the market left by banks who have been hamstrung by tight lending conditions imposed since the credit crunch.

Wonga, which has made 4 million short-term loans to consumers since its launch in 2007, will offer small businesses loans of 3,000 to 10,000 pounds ($4,800 to $16,200) for periods of between one and 52 weeks.

May 1, 2012

UK Conservatives tried to soften Murdoch criticism

LONDON (Reuters) – Members of Britain’s ruling Conservative party repeatedly tried to soften language directed at Rupert Murdoch and his son James in a parliamentary report, before they ultimately decided to vote against it in its entirety.

The Culture, Media and Sport committee found after its five-year investigation that Rupert Murdoch was unfit to run a major global company and was responsible for a culture of illegal phone-hacking that has shaken his media empire.

May 1, 2012

MPs say Rupert Murdoch not fit to run a company

LONDON (Reuters) – Rupert Murdoch is unfit to run a major international company and should take responsibility for a culture of illegal phone hacking that has shaken News Corp, a powerful parliamentary committee said on Tuesday.

Pulling few punches, MPs focused on the failings of the 81-year-old News Corp chief executive, his son James and a company which they said had showed “wilful blindness” about the scale of phone-hacking that first emerged at Murdoch’s News of the World newspaper.

    • About Georgina

      "Currently based in London, with particular responsibility for professional publishers and the European activities of global technology, media and telecoms firms. Previously European technology correspondent based in Frankfurt. Began career in local radio in Glasgow and then worked in TV news for many years for Reuters, the BBC and Sky News in London and Moscow."
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