Liana's Feed
Jan 5, 2011

Mattel partners with THQ in new licensing deal

NEW YORK (Reuters) – Toymaker Mattel Inc (MAT.O: Quote, Profile, Research, Stock Buzz) agreed to license its brands, including Barbie, Hot Wheels, and Fisher-Price, to THQ Inc (THQI.O: Quote, Profile, Research, Stock Buzz) for use in its video games for a variety gaming platforms.

The companies did not disclose financial terms of the agreement. The “multi-year alliance” will allow THQ to design games using Mattel brands for consoles, computers, mobile devices and social networks, the companies said.

Jan 4, 2011

Investors warm to both Motorolas

NEW YORK (Reuters) – Wall Street cheered Motorola’s separation into two companies, sending both their share prices higher on their first official day of trading on Tuesday.

The spinoff of the cellphone division, Motorola Mobility, was decisive action for a company that invented the cellphone, but was left in the dust by Apple Inc and Research In Motion in recent years.

Jan 4, 2011

Investors warm to Motorola spinoffs, shares rise

NEW YORK (Reuters) – Investors welcomed Motorola Inc’s rebirth as two independent companies, as shares of both Motorola Mobility and Motorola Solutions rose on their first official day of trading on Tuesday.

Shares of Motorola Mobility, which focuses on the smartphone and TV set-top business, were up 9 percent at $32.88.

Jan 3, 2011

Venture-backed IPOs, M&A deals rise in 2010-data

NEW YORK, Jan 3 (Reuters) – The fourth quarter set a decade
record for venture capital-backed IPO activity as SinoTech
Energy Ltd (CTE.O: Quote, Profile, Research, Stock Buzz) and other Chinese companies sold stock on
U.S. exchanges.

Data released on Monday showed 17 Chinese companies funded
by U.S. venture capital funds went public in the United States
in the fourth quarter, bringing the total number of
venture-backed IPOs for the period to 32.

Dec 30, 2010

Sony sues to block LG from shipping phones to U.S.

NEW YORK (Reuters) – Sony Corp has filed a patent infringement complaint seeking to block LG Electronics Inc from shipping smartphones such as its Rumor 2 model to the United States.

In a filing late Wednesday with the U.S. International Trade Commission, Sony said LG violated U.S. trade rules by importing mobile phones and modems that infringed Sony patents.

Dec 16, 2010

Take-Two’s profit, sales beat Street

NEW YORK (Reuters) – Take-Two Interactive Software Inc (TTWO.O: Quote, Profile, Research, Stock Buzz) posted a quarterly profit as sales of its hit sports game “NBA 2K11″ helped it weather a year without a new version of its blockbuster franchise “Grand Theft Auto.”

Shares of Take-Interactive rose 7.5 percent in after-hours trading on the Nasdaq on Thursday.

Dec 15, 2010

Analysis: Gorilla Glass could become Corning’s King Kong

NEW YORK (Reuters) – Corning Inc has developed a clean, razor thin glass that is sturdy enough to withstand everyday scratches — a dazzling breakthrough that has done little for its bottom line.

But Corning’s efforts could soon start paying off thanks to the explosive demand for touchscreen devices such as Motorola Inc’s Droid phones and Samsung Electronic Co Ltd’s Galaxy Tab that need tough, scratch-resistant glass.

Dec 15, 2010

DirecTV to pay out $14.25 million to states

NEW YORK, Dec 15 (Reuters) – DirecTV Group (DTV.O: Quote, Profile, Research, Stock Buzz) will pay
$14.25 million to all 50 states after a two-year investigation
showed the satellite provider violated consumer practices with
hidden fees and misleading advertisements.

“This was classic bait and switch — hooking consumers with
phony discounts and then hitting them with hidden charges,”
said Connecticut Attorney General Richard Blumenthal in a
statement on Wednesday.

Dec 14, 2010

Buyers shrug off 3D, Internet TVs

NEW YORK (Reuters) – Fancy new features like 3D screens and Internet connectivity have failed to inspire U.S. television shoppers, dashing a hoped-for recovery in the global consumer electronics industry.

TV manufacturers such as Sony Corp, Samsung Electronics Co Ltd and Sharp Corp are learning that features such as razor-thin LED TVs are just not enough to stage a comeback in the United States.

Dec 14, 2010

U.S. buyers shrug off 3D, Internet TVs

NEW YORK, Dec 14 (Reuters) – Fancy new features like 3D
screens and Internet connectivity have failed to inspire U.S.
television shoppers, dashing a hoped-for recovery in the global
consumer electronics industry.

TV manufacturers such as Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz), Samsung
Electronics Co Ltd (005930.KS: Quote, Profile, Research, Stock Buzz) and Sharp Corp (6753.T: Quote, Profile, Research, Stock Buzz) are
learning that features such as razor-thin LED TVs are just not
enough to stage a comeback in the United States.
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