TECHNOLOGY

Nokia set for loss on fresh smartphone pain

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Investors braced for more bleak news from smartphone laggard Nokia Oyj on Thursday with the world's largest handset maker likely to post a second-quarter loss and a weak outlook.
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Blogger Exposes Fake Apple Store in China

An American blogger living in China has exposed fake Apple stores thriving in the country. The fake Apple Store in Kunming, the capital of southwestern Yunnan province, looked exactly like those genuine retail stores run directly by the consumer electronics giant, and even the liveried employees believed that they were Apple employees.
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Microsoft profit set to rise but PC worries dominate

Microsoft Corp is expected to post a 9 percent increase in fiscal fourth-quarter profit on Thursday, helped by solid sales of its Windows and Office mainstays, but investors may be distracted by evidence of flickering computer sales, which are key to its success.
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Qualcomm ups outlook, but chip target disappoints

Qualcomm Inc's improving financial outlook was not enough to impress investors disappointed with its wireless chip shipment target during a quarter when new advanced devices like the next generation Apple Inc iPhone are expected to go on sales.
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Qualcomm weak shipment forecast worries investors

Qualcomm Inc said it will ship fewer cellphone chips than expected this quarter because its customers are shaving product inventories, sending its shares down almost 3 percent as investors worried the move could signal weakening demand due to an economic slowdown.
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Nokia set for fresh smartphone pain

Investors braced for more bleak news from smartphone laggard Nokia Oyj on Thursday with the world's largest handset maker likely to post a second-quarter loss and a weak outlook.
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A Fake Apple Store? What Would Steve Jobs Say?

The Chinese are recognized world wide for their skill of producing stylish counterfeit designer bags and sunglasses but who would have imagined a fake Apple Store equipped with a 'genius bar', spiral staircase and Apple Store trademark wall to wall glass windows? You don't need to. An expat stumbled into three in China's southwest providence of Kunming.
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Qualcomm boosts outlook but shares fall

Wireless chip maker Qualcomm Inc's third-quarter profit was better than expected and the company raised its guidance for the current quarter due to strong demand for smartphones.
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Republican White House hopefuls debate on Twitter

Six Republican White House hopefuls unleashed a torrent of 140-character policy pronouncements on jobs, government debt and the Tea Party on Wednesday during the first presidential debate on Twitter.
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Amazon adds streaming video from CBS

Amazon.com Inc has licensed thousands of television shows from CBS Corp to help the largest Internet retailer compete with DVD rental and video streaming company Netflix Inc.
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Apple rolls out new Macs, shares set record

Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.
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Senator Kohl says AT&T deal should be blocked

Senator Herb Kohl, chairman of the Senate's antitrust subcommittee, urged the federal government to block AT&T's $39 billion plan to buy T-Mobile USA, a unit of Deutsche Telekom.
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Space shuttle spawned heart pump, fly by wire

As the United States prepares to end its space shuttle program, technologies developed to nurture the reusable spaceships through three decades of flight will live on in day-to-day use on Earth.
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Apple shares set record

Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.
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Alcatel-Lucent mulls sale of enterprise unit

Alcatel-Lucent confirmed on Wednesday that it may sell a collection of businesses that serve non-telecom operator customers as part of CEO Ben Verwaayen's ongoing turnaround plan.

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