TECHNOLOGY

Apple Inc on Wednesday said it will release a software update to its iOS 5 operating system, acknowledging some customer complaints on the performance of the new iPhone 4S battery.

Samsung Galaxy Nexus, which is the first phone running on Google's Android 4.0 Ice Cream Sandwich, is expected to arrive in the United States after Nov. 25, Black Friday. However, some Android smartphone contenders will try their best to spoil the party.

China and Russia are using cyber espionage to steal U.S. trade and technology secrets to bolster their own economic development and that poses a threat to U.S. prosperity and security, an intelligence report said on Thursday.

DirecTV Group (DTV.O) posted a higher quarterly profit on Thursday as it won U.S. video subscribers away from rival cable companies with a giveaway of its exclusive National Football League games package.

Eastman Kodak, the troubled photography giant, reported its third-quarter loss more than quadrupled to $222 million while revenue slipped 17 percent to $1.46 billion.

South Korea's LG Electronics announced on Thursday a $945 million rights issue, mainly to fund a revival of its loss-making smartphone business.

Toshiba Corporation may be able to restart some of its flood-hit operations in Thailand early in 2012 and be fully up and running in March, its chairwoman said on Thursday.

It is raining smartphones these holiday season as various mobile giants from Apple to HTC are lining up their best products with mind-boggling specifications and marketing it aggressively.

LG Electronics, South Korea's loss-making handset maker, plans to issue new shares worth around $891 million to improve its cash flow, a source with knowledge of the matter told Reuters on Thursday.

Rumors have been making the rounds on tech blogs, indicating a strong feeling in the tech market that Apple Inc. is set to come up with its iPhone 5 and iPad 3 sometime next year.

Telecoms firm Cable and Wireless Communications said profit rose 9 percent in the first half, beating a consensus forecast, after receiving a boost from growing smartphone use in Macau, Panama, Monaco and the Maldives.

AT&T has released one of the long-awaited 4G LTE smartphone HTC Vivid on its network. The latest mobile from HTC will be available from Nov. 6 in stores and online for $199 under 2-year contract.

Shares in LG Electronics Inc shares dived 14 percent on Thursday, their biggest daily fall in more than three years, on reports it was planning a $890 million share sale to fund new profit generators, as its core handset business struggles.

Finally, disappointed users of Apple's newly-released iPhone 4S have been given some respite, after the company broke its self-imposed silence regarding the growing complaints about the smartphone's poor battery life.

Online retailer Amazon.com said Kindle owners with an Amazon Prime membership will now get access to the company's new digital book library service.

Online retailer Amazon.com said Kindle owners with an Amazon Prime membership will now get access to the company's new digital book library service.

Apple introduced a beta version update of the iOS 5 operating system (iOS 5.0.1) to developers which promises to fix battery life problems with the new iPhone 4S as well as other devices. Currently only available to developers, many sources say the update will be available as early as this weekend.

Apple has announced that iTunes 10.5.1 beta 2 has been issued to developers and that iTunes Match is now available for testing on Apple TV.

Fitting older versions of Google's Inc popular Android software to cheaper cellphones could send the repair costs of global telecoms operators up as much as $2 billion, a study by wireless services firm WDS showed.

Mobile operator Telefonica is to slash its range of handsets as part of its efficiency drive, freeing it up to develop new products and services within its digital division.

Facebook co-founder Dustin Moskovitz's new company Asana went public on Wednesday. Asana is a task manager that helps groups of people to manage work flow. It is free and it helps everybody in a particular group keep track of what others are doing and how projects are progressing.

Silicon wafer maker MEMC Electronic Materials Inc on Wednesday reported a quarterly net loss and lowered its earnings outlook for the year due to a dramatic drop in prices on solar products and soft semiconductor demand.

Severe flooding in Thailand, which has taken the lives of almost 400 people and nearly obliterated its rice crop export, has resulted in a laptop shortage that will undoubtedly cause prices of electronics to rise, just in time for the holiday shopping season.

Fusion-io Inc's quarterly results beat estimates helped by growth across its core business and the storage hardware and software maker raised its full-year revenue outlook, sending its shares up as much as 19 percent.

Flash memory provider Spansion Inc said it would cut about a fifth of its workforce and expects to take a related charge of about $30-$56 million, sending its shares down 2.5 percent after the bell.

Sales at mobile modem maker Sierra Wireless were hurt in the third quarter by a loss of business from Barnes & Noble's e-book readers and from cellular service provider Clearwire, Sierra said on Wednesday.

A judge on Wednesday ruled that Sprint and C Spire Wireless can pursue part of their antitrust lawsuit against AT&T Inc's proposed $39 billion acquisition of T-Mobile USA.

Yahoo Inc unveiled a handful of products to try and bolster its mobile and social networking offerings, as the struggling Web company continues to evaluate its future.

Chipmaker Qualcomm Inc forecast double-digit sales growth this fiscal year, banking on continued strong demand for smartphones and mobile devices as its quarterly results beat Wall Street estimates.