TECHNOLOGY

Weaker Economies Dent Cellphone Growth in Q3: IDC

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The global cellphone market grew 12.8 percent in the third quarter, showing the second-lowest growth rate over the past two years due to conservative consumer spending and delayed smartphone purchases, research firm IDC said on Friday.
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Samsung profit falls 13 percent

Samsung Electronics Co, the world's top technology firm by revenue, reported a 13 percent fall in quarterly profit, as the stellar performance of its handset business was overshadowed by a slump in its mainstay chip division.
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Chipmaker AMD says resolving output problem

Advanced Micro Devices Inc forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.
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FCC shifts subsidy fund to broadband

Regulators agreed on Thursday to change an $8 billion national communications subsidy program to put more emphasis on providing high-speed Internet access to rural areas.
Nintendo reported net losses of $926 million in 2011, as a result of poor software sales and foreign exchange rates.

Nintendo’s Losses: Should Mario Go Mobile?

Nintendo announced its first annual loss in company history, a result of poor software sales and yen exchange rates. If Nintendo can't stop the advent of mobile gaming, should it join instead?
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HP decides to keep PC division

Hewlett-Packard is retaining its personal computer unit following an extensive review that showed that a separation would have cost at least $1.5 billion in one-time expenses.
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Chipmaker AMD posts higher quarterly revenue

PC chipmaker Advanced Micro Devices posted higher third-quarter revenue and forecast fourth-quarter revenue above most expectations, after warning last month about problems manufacturing its new chips,
Former Facebook President Sean Parker

Sean Parker Tweets About OWS, Complains About Life in the 1 Percent

Sean Parker says that life in the 1 percent ain't so easy. Gawker reported that Parker (@sparker) tweeted on Oct. 26: You guys are really attacking me for being the 1%? I was broke and couch surfing just a few years ago. Followed by I have a whole new set of problems to deal with now: security, extortion attempts, kidnapping threats, death threats, etc. Life better b4?
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Madoff says he is happier in prison than free

Financial swindler Bernard Madoff said that he is happier in prison than he was on the outside because he no longer lives in fear of being arrested and knows he will die in prison, TV journalist Barbara Walters said on Thursday.
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Olympus sticks to defense of deals despite skepticism

Japan's Olympus Corp on Thursday stuck to its defense of the deals that have come under fire since it axed its British CEO in a bitter boardroom battle, but the Tokyo Stock Exchange warned that investors might not be convinced.
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Facebook likes Sweden for first Europe server site

Social networking site Facebook is to build its first data center outside the United States in the northern Swedish town of Lulea, awarding an initial construction contract of $121 million, the companies said on Thursday.
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Sony buys Ericsson out of mobile phone venture

Sony Corp is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple Inc.
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Asian chipmakers see gloomy Q4; 2012 a bit brighter

Asian chipmakers, including the world's top contract chipmaker TSMC, reported sharply worsened quarterly earnings and braced for another uncertain quarter as a weak global economy hits demand for computers, though roaring growth of smartphones and tablets offered a bright spot.
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Nintendo to post its first ever annual net loss

Nintendo Co Ltd said on Thursday it would make its first ever annual net loss this financial year, cutting earnings guidance for a second time as the soaring yen and weak software sales dealt fresh blows to the former games industry champion.
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Virgin Media reassures with solid third quarter growth

LONDON, Oct 27 - Britain's Virgin Media added 6,300 net new cable customers in the third quarter, reassuring investors after a disappointing second quarter, as subscribers showed a willingness to pay for higher quality services.
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Logitech sticks to FY goals as Q2 in line

Logitech, the world's largest computer mouse maker, is sticking to its full-year outlook after posting a second-quarter net profit of $17 million, returning to the black after a loss in the previous quarter.

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