TECHNOLOGY

Why Did Cisco Kill Flip Video? Blame The iPhone

The Flip Video's transition from the best-selling consumer-grade camcorder to obsolete technology corresponds with the rise of another massively popular consumer device – the smartphone.

Schneider serious about bidding for Tyco

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France's Schneider Electric SA is serious about buying Tyco International Ltd, but lenders needed to finance a transaction above $30 billion are skeptical a deal for the U.S. conglomerate can be pulled off.

Motorola and Huawei settle trade secret dispute

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Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.
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Tyco may be in play despite Schneider denial

France's Schneider Electric denied reports it was in talks to buy Tyco International, easing worries that a takeover would overstretch its finances and causing Tyco shares to give back part of this week's advance.
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Microsoft Office for Mac SP1 updated version ready for download

Following the announcement by Microsoft about its new updated version of Microsoft Office 2011 for Mac previous week, the MS Office for Mac SP1 is available for download. It has improved security and stability. Printing errors that cause wrong pages to print has been corrected.
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Foxconn says looking at investment opportunities in Brazil

Foxconn Technology Group, maker of Apple Inc's iPhone and iPad, said it is looking at investment opportunities in Brazil in line with its strategy of being where the market is, a plan that would boost its presence in a fast-growing market for electronic devices.
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Chip sector bellwether ASML to see strong Q1

Dutch chip equipment maker ASML kicks off the European technology stocks first-quarter earnings season on Wednesday, when it is expected to report a profit surge due to strong demand for smartchips.
Alien spaceship

The Hottel Memo Hoax: Why Some Believed It

A memo written sixty years ago has created a minor storm as some take it as proof that the government is covering up the existence of aliens. To some, it's more interesting in the way it shows why people believe things.
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AOL, Huffington Post sued by unpaid blogger

The Huffington Post unfairly pocketed more than $100 million from its unpaid bloggers when AOL Inc bought the influential news website in February, according to a lawsuit filed on Tuesday.
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Intel to open Finnish R&D site as Nokia cuts back

Intel plans to open a new research and development site in Finland, starting with some 200 staff at a time when Finnish partner Nokia is to unveil large job cuts. A spokeswoman for the world's top semiconductor firm said the company has started hiring hardware and software engineers, but was yet to open the site.
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AOL and Huffington Post sued by unpaid blogger

The Huffington Post unfairly pocketed more than $100 million from its unpaid bloggers when AOL Inc bought it in February, a lawsuit against the influential news website said on Tuesday.
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Cisco kills Flip camera in reorganization

Cisco Systems Inc will ditch its Flip video camera division as it overhauls its troubled consumer business, following chief John Chambers' recent admission that the company had lost its way.
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Company behind Priceline sues Internet heavies

Walker Digital, a research and development laboratory for technology patents, filed 15 lawsuits on Tuesday against more than 100 companies including Apple, Microsoft, eBay, Amazon and Google for unauthorized use of its intellectual property rights.
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U.S. auto sector needs to rethink itself: top VC exec

The recession and high gasoline prices offer the U.S. automotive industry a chance to reinvent itself as consumers inch toward acceptance of alternatives to the internal combustion engine, a top venture capitalist said on Tuesday.
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VeriFone sees smartphones driving mobile payment wave

VeriFone Systems Inc, the largest U.S. maker of payment terminals, expects to ship well over 1 million 'near-field communications' -enabled systems this year, underlining growing momentum for a technology that allows shoppers to buy with little more than a wave of a smartphone.
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HTC overshadows Nokia at smartphone launches

The scale of the challenge facing Nokia in the all-important smartphones market was underscored on Tuesday when a powerful new handset from Taiwan's HTC overshadowed two new models from the Finnish giant.

Nokia Updates Symbian, Rolls Out X7, E6,

Nokia announced Tuesday a pair of new smartphones as well as an update to its Symbian operating system as the company looks to soothe fears that its recent deal with Microsoft will cannibalize its own product offerings.

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