Reuters: Technology News
Facebook market makers' losses total at least $100 million
(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
Dish, TV networks take fight over ad zapper to judges
(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
Apple CEO gives up $75 million in dividend income
SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook will not be earning dividend income on the more than 1 million shares to which he is entitled, which will cost him about $75 million.
Huawei seeks EU action against InterDigital patent fees
BRUSSELS (Reuters) - World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents.
U.S. to fine Ericsson in Panama $1.75 million over Cuba shipments
(Reuters) - World number one mobile network equipment maker Ericsson's subsidiary in Panama will pay a $1.75 million penalty to the U.S. Department of Commerce for violating U.S. export restrictions on Cuba, a settlement agreement obtained by Reuters showed.
Microsoft wins ruling against Motorola over texting
FRANKFURT (Reuters) - A German regional court ruled in a hearing on Thursday that Motorola Mobility infringed Microsoft patents by offering the option on its mobile phones to send a longer text in a batch of several messages.
Schilling video game firm lays off staff: report
BOSTON (Reuters) - The troubled video gaming company run by former Red Sox baseball great Curt Schilling seemed on the verge of collapse on Thursday and had laid off its entire staff, according to several gaming industry websites and other media.
RIM sales chief hired by audio company Sonos: sources
TORONTO (Reuters) - Patrick Spence, who resigned this week as global head of sales at struggling BlackBerry maker Research In Motion Ltd, has been hired as chief commercial officer at wireless home audio company Sonos Inc, several sources with knowledge of his plans said.
PayPal strikes deals with 15 retailers
SAN FRANCISCO (Reuters) - PayPal has made deals with 15 retailers including Toys R Us, J C Penney and Barnes & Noble that will allow consumers to pay for purchases with their cellphones while expanding the online payment company's service into additional physical stores.
RealNetworks to refund customers in online subscription dispute
(Reuters) - Online media company RealNetworks said it will set up a $2 million compensation fund for some of its subscribers to settle a complaint filed by Washington state prosecutors over its e-commerce practices.