TECHNOLOGY

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iPhone 5: Why Apple Delays Its Launch

After having been halted by the iPhone 4S reality for some time, the rumor mills have back to the imaginary iPhone 5. Many people believe Apple will launch iPhone 5 in 2012.
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Pressure mounts on Olympus as ex-CEO meets prosecutors

Former Olympus Corp Chief Executive Michael Woodford said on Friday he has met with U.S. federal prosecutors and hired a Washington law firm, as pressure mounted in Japan on the camera and endoscope maker to conduct an independent probe into controversial acquisitions.
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HP Shares Jump After Upgrade; New CEO Opts for PCs

Shares of Hewlett-Packard rose about 3.5 percent Friday after the No. 1 maker of PCs decided not to drop out of the business. Separately, Fitch said the decision favorably affected its credit rating.
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Redbox Raises Rates: Why Netflix Wins

Redbox raised its DVD for a day rate from $1 to $1.20. The twenty cent price hike is minimal, but it's actually put Netflix and Blockbuster back on top.
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Steve Martin turns tweets into book

Veteran actor and comedian Steve Martin is writing a book based on his Twitter posts, with all profits going to charity, the book's publishers said on Friday.
Apple sales in the Asia-Pacific region jumped 174% from a year ago.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.
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Samsung surges past Apple in smartphones, upbeat on Q4

Samsung Electronics Co overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals.
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HP ditches costly PC unit spin-off

Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.
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Redbox Mirrors Netflix, Raises Rental Rates

Video rental firm Redbox said it would raise its daily DVD rental rate by 20 cents to $1.20, citing higher operating costs, including an increase in debit card fees that went into effect Oct. 1. It also plans to have a streaming business plan in place by the end of the year.
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More Companies Shed Light on Political Spending

More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.
Siri-Powered Apple Television Coming in 2013? Steve Jobs’ Biography Cracks Secret

Siri-Powered Apple Television Coming in 2013? Steve Jobs' Biography Cracks Secret

Near the end of his bestseller authorized biography, late Apple co-founder Steve Jobs hinted that work on building a full-fledged television set with a new interface was in full swing toward the end of his days. For years, Jobs had also reportedly been pushing engineers at Apple to develop a new interface for living room TVs.
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Can Samsung Galaxy Nexus Bring Down Apple iPhone 4S?

Google Inc. and Samsung unveiled the Galaxy Nexus phone running on Ice Cream Sandwich, the newest version of Android, at an event in Hong Kong on Oct. 18. The Galaxy Nexus, which will hit the stores in November, is expected to give stiff competition to Apple Inc.'s iPhone 4S.

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