TECHNOLOGY

Verizon Wireless seeks U.S. court judgment on ads

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Verizon Wireless, a joint venture of Verizon and Vodafone Group PLC, asked a U.S. court for a judgment that its advertising claims to be America's Most Reliable 3G Network were truthful, which rival AT&T called misleading on Monday.
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Tech distributors look to late 2009 bounce

Electronics distributors from Ingram Micro to Avnet could report disappointing quarterly results as pricing pressure intensified, but analysts were cautiously hopeful that profits would rebound by year's end as corporate spending returns.
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Nortel and RIM held wireless patent talks: source

BlackBerry maker Research In Motion has held talks with Nortel Networks on buying next-generation wireless patents that were not part of Nortel's $1.13 billion wireless asset sale on the weekend, a source familiar with the situation said on Monday.
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Nortel, RIM in wireless patent talks: source

BlackBerry maker Research In Motion has held talks with Nortel Networks on buying next-generation wireless patents that were not part of Nortel's $1.13 billion wireless asset sale on the weekend, a source familiar with the situation said on Monday.
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Verizon profit falls but revenue rises

Verizon Communications posted a smaller quarterly profit on Monday but revenue rose due to wireless subscriber growth and its purchase earlier this year of rural wireless operator Alltel.
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Hitachi to absorb 5 listed units, seeks profit

Hitachi Ltd plans to absorb five listed units, two sources close to the matter said on Monday, as the loss-making conglomerate tries to pool its sprawling resources to turn a profit.
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Microsoft shares slip on disappointing results

Microsoft Corp shares fell more than 9 percent on Friday, as the company's weaker-than-expected results contradicted Wall Street's belief that the worst is over for the technology sector.
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Nortel, a fallen Canadian icon, starts asset sales

Nortel Networks Corp and bidders for its wireless division were sequestered on Friday in a New York law office as the company, once a symbol of Canada's technological prowess, moved to complete the first stage of its own dismantling.
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Palm and Apple tussle over iTunes and Pre

Palm Inc has fired another volley at Apple Inc in their smartphone war, as the two rivals tussle over whether iTunes should be compatible with Palm's new Pre smartphone.
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Skype singled out as threat to Russia's security

Russia's most powerful business lobby moved to clamp down on Skype and its peers this week, telling lawmakers that the Internet phone services are a threat to Russian businesses and to national security.
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Canada examining investment provisions on Nortel

Canadian officials have begun researching whether and what kind of foreign purchases of Nortel Networks assets might be subject to government restrictions, Industry Minister Tony Clement said on Thursday.
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Bill Gates to India: Go high end on R&D

Billionaire Bill Gates on Friday urged India to move away from low-cost labor toward high-end research and development to keep its giant IT sector competitive.
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Vodafone reassures with uneventful Q1, shares rise

Vodafone , the world's largest mobile phone firm by revenues, reported a slight decline in quarterly organic sales in line with muted expectations and reiterated its full-year outlook, lifting its shares on Friday.
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Vodafone reports in-line sales, reiterates outlook

Vodafone , the world's largest mobile phone firm by revenues, reported a slight decline in organic sales, in line with muted market expectations, as strength in India and Africa compensated for European weakness.
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Samsung Elec sound caution despite big profit

Samsung Electronics , the world's biggest maker of memory chips and LCD screens, joined other top tech names to rein in growing optimism over the sector's recovery, even after delivering best quarterly profit in 2- years.
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Samsung Elec posts biggest profit in 2 1/2 yrs

Samsung Electronics , the world's top maker of memory chips and LCD screens, posted its best quarterly profit in 2-½ years thanks to a turnaround in its memory chip business but maintained caution for the rest of the year.
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Samsung Elec sounds caution despite big profit

Samsung Electronics , the world's biggest maker of memory chips and LCD screens, joined other top tech names to rein in growing optimism over the sector's recovery, even after delivering best quarterly profit in 2- years.

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