TECHNOLOGY

Samsung to sell HDD unit to Seagate for $1.4 billion

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Samsung Electronics Co said on Tuesday it had agreed to sell its hard-disk-drive business to Seagate Technology for $1.4 billion in cash and stock, as it plans to focus on its bread-and-butter memory-chip business.

Sony Ericsson in profit after Japan supply drag

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Booming smartphone demand and cost cuts kept cellphone venture Sony Ericsson in the black in the first quarter, despite the drag of supply disruption from Japan's earthquake and tsunami.
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Japan hit eyed in Sony Ericsson earnings report

Cellphone venture Sony Ericsson is expected to shed light on the magnitude of the hit from Japan's earthquake on the cellphone industry when it unveils its January-March earnings on Tuesday.
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Apple sues Samsung over Galaxy phones, tablets

SAN FRANCISCO/SEOUL - Apple Inc has sued rival Samsung Electronics claiming that the South Korean firm's Galaxy line of mobile phones and tablets slavishly copies the iPhone and iPad, according to court papers.
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Nokia sees no impact from lost German appeal

Nokia said its sales in Germany will not be impacted by the decision of an appeals court on Monday to turn down its request to stay the enforcement of a local district court injunction.
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Match.com to screen dating site for sex offenders

Match.com said it will begin checking users against the national sex offender registry, days after a class action lawsuit was filed by a woman allegedly sexually assaulted by a man she met on the dating site.
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Wal-Mart to buy social media firm Kosmix

Wal-Mart Stores Inc said on Monday it agreed to buy social media company Kosmix for an undisclosed sum, as the world's largest retailer aims to win over more tech-savvy U.S. shoppers.
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Philips CEO turns off TV in search of profit

Philips is hiving off its once leading television business, the first step by new chief executive Frans van Houten to boost flagging profit at Europe's biggest consumer electronics maker.

UAE To Block Some BlackBerry Services

The United Arab Emirates reportedly plans to stop individuals and small businesses from using certain BlackBerry messaging services, but the government says that no customers will be affected.
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LG Display flags sector recovery on steadier prices

LG Display, the world's No.2 flat-screen maker, is starting to see signs of recovery in depressed TV panel prices as it forecast a return to profitability in the current quarter after reporting its second consecutive quarterly loss.
Google

Google to shut down Google Video

Google has plugged-off support for the erstwhile Youtube contender, Google Video, adding to list of other failed Google products like Wave, Google Tags and Google Notebooks and Mashup Editor.

PSP sales still ahead of the 3DS

The game obsessed customers still prefer PSP over the Nintendo 3DS. MediaCreate Reported that Sony’s PSP moved 35,478 units ahead of the 3DS pushing it down to the second best seller selling 32,910 units on April 10.
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Earnings stumbles could awaken bears

Earnings could make for a bumpy ride in stocks this week if more key companies undershoot expectations, possibly causing a spike in volatility.
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UAE to limit some BlackBerry services, paper says

The United Arab Emirates will stop individuals and small businesses accessing the most private data services offered by BlackBerry, a UAE newspaper said, but the government said no services would be disrupted to any subscribers.

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