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Nokia unveils new Lumia smartphone with 41-megapixel camera (Reuters) - Nokia announced a new smartphone, the Lumia 1020, with a 41-megapixel camera on Thursday in its latest bid to catch up with rivals Samsung Electronics Co Ltd and Apple Inc.

The Finnish mobile phone maker is betting its future in smartphones on Microsoft Corp's Windows Phone... ...Read More »
Bidders line up for Siemens postal machines unit: sources By Arno Schuetze

FRANKFURT (Reuters) - Germany's Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations and shed non-core assets, two sources familiar with the transaction said.

... ...Read More »
EU court backs Austria in Amazon row over levies By Michael Shields

VIENNA (Reuters) - EU countries can under some circumstances collect a levy on blank recording media as a tool to ensure artists get fair rewards for their work, a levy that Amazon.com Inc had fought, the European Court of Justice ruled on Thursday.

...Read More »
Insight: Ecological risks may spell trouble for Batista's Brazil port By Jeb Blount

SO JOO DA BARRA, Brazil (Reuters) - As Brazilian billionaire Eike Batista breaks up his crumbling EBX Group industrial empire to pay off debt, one of the few assets he's expected to keep is port-development company LLX Logstica SA.

But raising ... ...Read More »
Global PC market shrank 11 percent in second quarter By Noel Randewich

SAN FRANCISCO (Reuters) - Global shipments of personal computers slumped 10.9 percent in the second quarter, the fifth straight quarterly decline in a market that has been devastated by the popularity of tablets, research firm Gartner said on Wednesday.

... ...Read More »
Apple colluded on e-book prices, judge finds By Nate Raymond and Jonathan Stempel

NEW YORK (Reuters) - In a sweeping rejection of Apple Inc's strategy for selling electronic books on the Internet, a federal judge ruled that the company conspired with five major publishers to raise e-book prices.

U.S. Distric... ...Read More »
T-Mobile US to allow phone upgrades every six months By Sinead Carew

NEW YORK (Reuters) - T-Mobile US Inc said on Wednesday that customers would be allowed to upgrade phones every six months and it unveiled a family plan for prepaid customers as it moves to lure customers away from its three bigger rivals.

Verizon Wirel... ...Read More »
SoftBank priority is beefing up Sprint, not exec changes By Sinead Carew

NEW YORK (Reuters) - SoftBank Corp <9984.T> will move rapidly to use airwaves from Clearwire Corp <CLWR.O> to bolster Sprint Nextel Corp's <S.N> wireless service, but it does not plan any big personnel changes once it takes over the No. 3 U.S. mobile c... ...Read More »
Icahn urges Dell shareholders to seek higher price in court (Reuters) - Billionaire investor Carl Icahn plans to seek a higher price for his Dell shares in court and urged other investors to do the same, in an effort to block Dell Inc founder Michael Dell's $24.4 billion buyout offer ahead of a key shareholder meeting.

Icahn opposes the proposa... ...Read More »
Judge rules Apple conspired to raise prices on e-books By Nate Raymond and Jonathan Stempel

NEW YORK (Reuters) - In a sweeping rejection of Apple Inc's strategy for selling electronic books on the Internet, a federal judge ruled that the company conspired with five major publishers to raise the retail prices of e-books.

... ...Read More »
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