TECHNOLOGY

Microsoft CEO promises better Windows Phone

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Microsoft Corp Chief Executive Steve Ballmer promised a Windows Phone update soon with more powerful Web graphics, and said new partner Nokia would supply absolutely phenomenal handsets.
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Market flat, low volume could presage pullback

U.S. stocks were little changed on Monday as another day of persistently below-average volume suggested investors weren't willing to chase gains that carried stocks to 2 1/2-year highs last week.
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China's ZTE aims for top 3 in telecom gear

Chinese telecom equipment maker ZTE is gunning to be among the world's top three telecom equipment makers in the coming years, a wireless executive told Reuters on Monday.
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RIM says state security demands are normal

BlackBerry maker Research in Motion is not alone in facing demands from governments for access to its data services, and it is just a normal part of the business, co-chief executive Jim Balsillie said.
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Nokia's Microsoft deal gets renewed hammering

Nokia's all-or-nothing deal with Microsoft fails to answer key questions about smartphone development and risks a turbulent transition period, analysts said on Monday, driving its shares down yet further.
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Nokia shares fall further after Microsoft deal

Shares in Nokia, the world's top mobile phone maker by volume, fell again on Monday as analysts cut their recommendations and earnings forecasts after its deal to use Microsoft's software.
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Nokia CEO sees billions from Microsoft deal

Nokia's CEO on Sunday touted its recent alliance with Microsoft, saying it would be worth billions to the Finnish cellphone maker, which is seeking to catch up in the fiercely competitive smartphone market.
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New York Toy Fair kicks off on cheerful note

From Mattel's sweet-talking boyfriend Ken doll to Hasbro's Kre-O building sets based on Transformers characters, toy makers lined up an impressive array of hi-tech and movie-themed playthings to win sales in 2011, which some say will be a better year for the industry.
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Samsung beats Apple to second tablet computer

Samsung launched a second tablet computer on Sunday, with a bigger screen and more processing power than the original Galaxy Tab that is seen as the only real rival to Apple's iPad.
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U.S. calls on Syria to release young blogger

The United States condemned Saturday what it said was Syria's secret trial of a young blogger and called for her immediate release, saying allegations of U.S. espionage connections were baseless.
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Former Qwest CEO Nacchio withdraws appeal

Former Qwest Communications chief Joseph Nacchio voluntarily withdrew an appeal of his criminal conviction on Friday, marking what may be the final chapter of his long running insider trading case.
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Calpers gets backing for Apple proposal

Pension fund Calpers' proposal to require a majority vote to elect unopposed candidates to the board of Apple Inc has been endorsed by three prominent proxy advisory services.
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Micron upbeat on DRAM, NAND memory prices

Micron Technology, the top U.S. maker of memory chips for computers, sees favorable trends including an uptick in contract prices for DRAM as small players are forced out of the capital intensive industry.

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