ELECTRONICS

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Google steals CES spotlight, and a page from Apple

When it comes to blockbuster product introductions, Apple is king. So it's not surprising that Google, which is looking to challenge Apple's iPhone dominance, is stealing a page from the Steve Jobs & Co. playbook.

Daily Wrap Up - December 28

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U.S. consumer confidence rose to a three-month high in December, while prices in the hard-hit housing sector stalled in October, breaking a five-month string of gains

Nokia opens new front in Apple patent battle

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The world's top mobile phone maker Nokia launched a new patent broadside against Apple, escalating a battle for control of the smartphone market that has already led to a flurry of lawsuits.
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Nokia opens new patent battle against Apple

The world's top mobile phone maker Nokia launched a new patent broadside against Apple, escalating a battle for control of the smartphone market that has already led to a flurry of lawsuits.
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Nortel seeks buyer for Carrier VoIP business

Bankrupt telecom equipment maker Nortel Networks Corp (NRTLQ.PK) has sought court approval to sell certain assets of its Carrier voice over Internet protocol and application solutions business to Genband Inc for $282 million, court papers showed.
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From science fiction to desktop for telepresence

Telepresence was science fiction in the 50s, a Disneyland attraction in the 60s, and eventually morphed into costly corporate “telepresence rooms” and other high-end systems, which relied on expensive dedicated communications lines.
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FBI probes cyber attack on Citigroup: report

The Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup Inc and resulted in the theft of tens of millions of dollars, The Wall Street Journal reported on Tuesday, but the financial institution denied its systems had been breached.
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Telecom Egypt to seek mobile service - report

Egypt's fixed-line monopoly Telecom Egypt (ETEL.CA) (ETELq.L) will need to provide mobile services to compensate for declining landline subscriptions, a company executive was quoted on Monday as saying.
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Hynix can spend $2 billion capex in 2010

World's No. 2 memory chip maker Hynix Semiconductor Inc is seen capable of spending a higher-than-expected 2.3 trillion won ($2 billion) in capital expenditures next year, its top shareholder KEB said on Sunday.
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Huawei beats Ericsson to Tele2/Telenor 4G order

Nordic telecoms operators Tele2 (TEL2b.ST) and Telenor (TEL.OL) picked China's Huawei [HWT.UL] to supply their joint 4G network in Sweden, shutting out Ericsson (ERICb.ST) in its home market, Tele2 said.
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Palm posts wider-than-expected loss

Palm Inc reported a wider-than-expected quarterly loss as consumer demand for its smartphones weakened due to increased competition, sending shares down 4 percent on Thursday.
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Sony's Stringer says e-reader to stay a book device

The way Howard Stringer sees it, Sony's digital e-readers should focus on the printed word and making reading comfortable, even though the consumer electronics giant could turn it into a multimedia machine.
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Sony in e-reader deal to offer Wall Street Journal

Sony Corp said it struck a deal with News Corp that will make The Wall Street Journal, MarketWatch, and the New York Post available on its electronic reader, the latest shot fired in an intensifying battle with Amazon.com Inc's popular Kindle device.
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Samsung sees infotainment/lifecare as new business

Samsung Electronics Co Ltd's new chief executive Choi Geesung said the South Korean technology giant would cultivate new revenue sources in the infotainment and lifecare sectors and beef up its PC, appliance and camera businesses.
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Obama plans to sharply boost U.S. broadband access

The Obama administration is to award $2 billion in grants and loans over the next 75 days as part of a plan to dramatically expand Americans' broadband Internet access and create tens of thousands of jobs.

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