TECHNOLOGY

Northrop, General Dynamics top estimates

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Defense contractors Northrop Grumman Corp and General Dynamics posted better-than-expected quarterly earnings on Wednesday as segments that had been a drag on performance showed signs of improvement.
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LG Elec eyes World Cup TV boost, cautious on mobiles

World No.2 TV maker LG Electronics warned that profits at its struggling mobile division would be slow to recover, but it expects this summer's soccer World Cup to drive TV sales and push up next quarter's earnings.
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Senators tell Facebook: tighten privacy policy

U.S. lawmakers told Facebook on Tuesday they were concerned about changes in its privacy policy that would allow personal information to be viewed by more than friends, and options on other websites that would allow third parties to save information about Facebook users and friends.
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RIM shows new operating system

Research in Motion gave analysts a sneak peek at a revamped operating system for its BlackBerry smartphone on Monday and said it would launch it next quarter, propelling its shares higher.
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Senators to Facebook: Tighten privacy policy

Four U.S. lawmakers expressed concern to Facebook on Tuesday about changes in its privacy policy, while one asked federal regulators to draw up privacy guidelines for online social networking sites.
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Industrial profits up on overseas sales

Strong demand for industrial goods from customers in emerging economies helped a half dozen U.S. manufacturers produce pleasant earnings surprises on Tuesday.
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Nokia unveils new flagship phone

Nokia Oyj unveiled details of its first phone with new Symbian 3 software on Tuesday, designed to challenge the iPhone and Blackberry at the high-end of the market.
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Top court to rule on California video game law

The Supreme Court said on Monday it would decide whether a California law banning the sale and rental of violent video games to minors violated constitutional free-speech rights, the first time it will rule on a video game case.
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Markets to open lower on Greece, earnings help Dow

U.S. stock index futures pointed to a lower open on Tuesday after Germany demanded new austerity measures from Greece, prompting worries over Greek debt, although strong earnings reports limited losses in the Dow.
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Sharp sees steep growth, reports profit in Q4

Japan's Sharp Corp swung to a quarterly profit on robust sales of display and solar panels, and forecast more than a twofold jump in annual operating profit to its highest in three years, beating market expectations.
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Sharp swings to annual profit, more gains likely

Japan's Sharp Corp swung to a profit in its financial year thanks to cost cuts and robust sales of solar panels, and forecast more than a twofold jump in operating profit this year, beating market expectations.
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Google loses Verizon, changes Nexus One plans

Google Inc said it no longer plans to offer a version of its Nexus One smartphone for the Verizon Wireless network and will change its distribution plans in Britain, underscoring the challenges facing the Internet search company as it expands into the mobile phone market.
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Klausner sues HTC over visual voicemail

Inventor Judah Klausner added HTC Corp to the list of big phone makers against which he has filed lawsuits alleging infringement of technology patents related to visual voicemail.
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RIM unveils rejigged BlackBerry models

Research in Motion is launching variations of two existing BlackBerry smartphones, the company said on Monday, and its co-chief executive hinted that much-anticipated announcements on a new operating system and browser are also on the way.
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Google smartphone coming to stores, no Verizon

Google Inc's Nexus One smartphone will be sold in Vodafone retail stores in Britain at the end of the month and the company said there are no longer plans to offer a version of the phone that uses the Verizon Wireless network in the United States.
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Competition gives TomTom new route to revenue

AMSTERDAM, April 26 - Dutch navigation device maker TomTom is turning competitive pressure to its advantage, selling content and services to the very same mobile phone providers which are eating into its traditional market for satnav devices.
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Canon raises 2010 outlook on digicams, printers

Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after robust demand for digital cameras and printers powered up its quarterly profit by more than fourfold.
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Canon raises 2010 outlook, Q1 profit up fourfold

Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after posting a more than fourfold jump in quarterly profit on brisk demand for digital cameras and printers.
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Japan firms to standardize mobile software: report

Four major Japanese electronics companies will standardize their core software platform for next-generation cellphones aimed at reducing costs and raising competitiveness, the Nikkei business daily reported on Sunday.
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Israel lifts ban on imports of Apple iPad

Israel will begin allowing people to bring Apple iPads into the country starting on Sunday, two weeks after customs began confiscating the tablet computers for fear they would interfere with other wireless devices.
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Army kills Raytheon-Lockheed arms program

The U.S. Army has canceled a joint Raytheon Co-Lockheed Martin Corp precision attack missile program 90 percent of the way through a six-year, $1 billion-plus development phase, Raytheon said Friday.

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