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Entries for November, 2011

Nintendo wants to keep up Black Friday momentum

NEW YORK (Reuters) – After a strong Black Friday showing, Nintendo now has to focus on maintaining the momentum for its products over the next five weeks of the crucial holiday season, the company’s U.S. president told the Reuters Global Media Summit on Tuesday. Original post by timothy

HTC does not violate FlashPoint patent, ITC says

(Reuters) – HTC Corp , the world’s No. 5 smartphone maker, does not infringe patented technology owned by FlashPoint Technology in making its smartphones with digital cameras, the International Trade Commission said on Tuesday. Original post by timothy

OmniVision sees Q3 below estimates on order cutbacks

(Reuters) – OmniVision Technologies Inc gave a third-quarter outlook below market estimates, hurt by a cutback in orders for sensors used in smartphones, sending its shares down 12 percent in extended trade. Original post by timothy

Facebook settles privacy suit with FTC; will submit independent audits for 20 years

Facebook settled a privacy lawsuit with the Federal Trade Commission on Friday and agreed to submit independent audits for the next 20 years. The FTC had accused the social network of being deceptive in its privacy practices, Reuters explained. ”Facebook’s innovation does not have to come at the expense of consumer privacy,” FTC Chairman Jon Leibowitz said. [...]

TMX to buy Australian credit risk software company

(Reuters) – TMX Group, Canada’s largest exchange operator, plans to buy Razor Risk Technologies, an Australian company that provides credit risk software to stock exchanges and other financial bodies, for about C$10.2 million. Original post by Unknown Lamer

AT&T granted approval to withdraw T-Mobile merger application from FCC

The Federal Communications Commission on Tuesday granted AT&T permission to withdraw its application to purchase T-Mobile USA for $39 billion. Two public policy groups, Public Knowledge and Media Access Project asked the FCC to publish its documents relating to the deal and to prevent AT&T from rescinding its application, although it appears it’s too late for [...]

OmniVision Q2 beats, sees Q3 below estimates

(Reuters) – OmniVision Technologies Inc posted better-than-expected quarterly results, helped by its CameraCube acquisition, but forecast the third quarter below estimates. Original post by Unknown Lamer

FCC to let AT&T pull merger application

WASHINGTON (Reuters) – The U.S. Federal Communications Commission granted AT&T Inc’s request to withdraw its application for approval of its purchase of T-Mobile USA, an FCC official said on Tuesday. Original post by Unknown Lamer

RIM to offer security features for iPhone, Android

TORONTO (Reuters) – Research In Motion is introducing a software tool that gives corporate customers the option of linking employees’ personal iPhones to the BlackBerry network without compromising security. Original post by Unknown Lamer

TE Connectivity in talks to buy Deutsch Group for $2 billion

(Reuters) – TE Connectivity Ltd said it was in talks to buy Deutsch Group SAS, a maker of electronic connectors for harsh environments, from parent Wendel for about 1.55 billion euros ($2.06 billion). Original post by Unknown Lamer