Research In Motion’s much vaunted PlayBook tablet got off to a quiet start in North America on Tuesday.
Apple sued rival Samsung Electronics claiming that Samsung’s Galaxy line of mobile phones and tablet “slavishly” copies the iPhone and iPad, according to court papers. The lawsuit, filed on Friday, alleges Samsung copied the look, product design and product user interface of Apple’s products. Samsung violated Apple’s patents and trademarks, the suit alleges.
Google’s stunning 54 percent spending surge spooked investors already worried its new CEO Larry Page may take his eye off the bottom line to chase revenue growth, driving its shares more than 5 percent lower. Investors zeroed in on the stunning surge in expenses to $2.84 billion, which dwarfed a 29 percent jump in net revenue and reflected a record hiring spree, company-wide salary raises, and splurging on everything from marketing to technology. “If the expenses are targeted and result in future revenue streams, then good for Larry. If not, that results in an undisciplined spending approach”, said Colin Gillis, analyst at BGC Partners.
New Yahoo board member Akamai President David Kenny is the obvious choice to replace struggling CEO Carol Bartz, writes The Wall Street Journal’s Kara Swisher. Kenny is smooth and well-liked, has deep advertising experience, has a long relationship with Yahoo and its co-founder Jerry Yang and has tech cred as a leader of one of the Internet’s most important infrastructure companies, regularly in contact with media giants, ad networks and video providers that are Akamai’s clients, Swisher argues.
HTC launched the HTC Sensation, offering an entire library of movie and TV shows via a wide screen, with a fast 1.2GHz processor. While Nokia, which dumped its once-dominant Symbian software earlier this year after falling behind Apple in the high-end handset market, launched two new models improved with better text input, faster Internet browsing and a refreshed Ovi Maps application, in a bid to stem customer defections while it works on a new offering.
Apple’s iPhone 5 isn’t expected to hit the market until Christmas or early next year, according to Business Insider’s Jay Yarow. Avian Securities said in a note, based on conversations with a “key component supplier” to Apple, that the the iPhone 5 should go into production in September and that Apple could also be developing a lower price/lower spec iPhone model, Yarrow writes.
We all freaked out a little bit last week over what may have been the worst breach in e-mail address security ever. For me, the rolling thunder of annoyance came in the drip drip drip of e-mail alerts from a number of companies with whom I’ve done business saying that the address I had shared with them for limited, specific purposes had been acquired by a hacker.
Apple co-founder Steve Wozniak told Reuters he would consider returning to take an active role at the consumer electronics giant. Wozniak, a lifelong hands-on engineer, said he liked technology to be relatively open so that he could add his own touches. “My thinking is that Apple could be more open and not lose sales,” said Wozniak, but added: “I’m sure they’re making the right decisions for the right reasons for Apple.”