TECHNOLOGY

Tencent reports 13.6 percent rise in Q3 net profit

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Tencent Holdings Ltd, China's biggest Internet company by revenue, reported its slowest profit growth in four years, missing analysts' estimates on softer growth in its casual games and lower margins due to increased investments.
An Android smartphone displays the Google website in this picture illustration in Seoul

Google Offers Support to Android Firms in Lawsuits

Google Inc will continue to offer support to firms using its Android system that are involved in legal disputes, its executive chairman Eric Schmidt said on Wednesday, as the Internet giant looks to cement alliances in the face of toughening competition.
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Nvidia Unveils Newest Bet in Tablets and Phones

Chipmaker Nvidia Corp, rushing to stake out more territory in tablets and smartphones, said its new Tegra 3 processor delivers up to three times the graphics performance of its predecessor and uses 61 percent less power.
Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul

Samsung Electronics Eyes Record Spending in 2012: Report

Samsung Electronics plans to invest a record 38 trillion won ($33.9 billion) in facilities and R&D next year, a 27 percent jump from an estimated 30 trillion won this year, local media reported on Wednesday, citing Samsung and industry officials.
This radar image of asteroid 2005 YU55 was generated from data taken in April of 2010 by the Arecibo Radar Telescope in Puerto Rico.

Big Asteroid Has Close Encounter with Earth

A black asteroid as big as an aircraft carrier zoomed past Earth on Tuesday, delighting astronomers who trained telescopes on the ancient body in hopes of learning more about its composition and origin.
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Universal Display posts Q3 profit, shares rise

LED supplier Universal Display Corp posted a third-quarter profit, gainsaying loss expectations, as revenue more than tripled, and forecast full-year revenue above expectation, sending its shares up 8 percent in extended trade.
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Public Wi-Fi hotspots to grow 4-fold by 2015: study

The amount of public Internet hotspots (Wi-Fi) globally will grow more than fourfold to 5.8 million by 2015, boosted by consumers increasing demand for connections on smartphones and tablets, an industry study showed on Wednesday.
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Einhorn criticizes Sprint management to investors

Greenlight Capital Inc, the hedge fund run by high-profile investor David Einhorn, said Sprint Nextel management is on the verge of losing the confidence of financial markets, in a letter to investors.
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Olympus admits hid losses for decades

Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
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RIM dissidents push for change at BlackBerry maker

The company that makes the BlackBerry has a short window to revive its sagging share price and shake up its business, or risk the escalation of a dissent movement that claims support from holders of 8 percent of its stock.
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Facebook hires mobile tech developer team

Facebook has picked up a team of mobile technology developers from a small San Francisco startup company, bolstering the social networking giant's efforts to expand its offerings on smartphones and tablet PCs.
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Hidden Panorama Mode Unveiled on iPhone 4S iOS 5 Camera

Panorama Mode was a long rumored feature of Apple's iOS 5 camera, but when the new software was released in October it was nowhere to be found. On Tuesday, a group of hackers revealed that a simple jailbreak can enable the feature on all iOS 5 camera, 9to5mac reported.
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Amazon bets on in-store Kindle sales in France

The world's largest Internet retailer, Amazon.com, plans to sell its Kindle e-book tablet at Virgin Megastore outlets in France as it tries to inject life into a market that has been slow to take off in the country.
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DOJ ready to take ATT to court: Attorney General

The Justice Department's antitrust division is prepared to take AT&T Inc to court to stop its acquisition of T-Mobile USA from Deutsche Telekom AG, Attorney General Eric Holder told lawmakers on Tuesday.

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