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Date: 2012-10-05
Technology News:
Company News:
Samsung's Galaxy phones drive record $7.3 billion profit
US-SAMSUNG-EARNINGS:Samsung's Galaxy phones drive record $7.3 billion profit
By Miyoung Kim

SEOUL (Reuters) - Samsung Electronics reported quarterly profit of $7.3 billion - a fourth straight record quarter and nearly double last year's figure - as strong sales of its Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, the S...


Oracle CFO: no acquisitions needed to compete in cloud
US-ORACLE-INVESTORDAY:Oracle CFO: no acquisitions needed to compete in cloud
By Noel Randewich

SAN FRANCISCO (Reuters) - Oracle Corp has all the pieces it needs to compete in cloud computing but is always interested in looking at compelling M&A opportunities, Chief Financial Officer Safra Catz told investors.

Speaking at Oracle's annual in...


Sony halts Xperia tablet sales after defect found
US-SONY-TABLET-SUSPEND:Sony halts Xperia tablet sales after defect found
TOKYO (Reuters) - Sony Corp said it has halted sales of its Xperia tablet PCs, a month after its launch, after discovering gaps between the screen and the case that make some of the machines susceptible to water damage.

The problem with the tablet, which is supposed to be water resistant, ...


Sony halts sales of Xperia tablets on poor water resistance: Jiji
US-SONY-TABLET-SUSPEND:Sony halts sales of Xperia tablets on poor water resistance: Jiji
TOKYO (Reuters) - Sony Corp has halted sales of its Xperia tablet PCs, which the Japanese electronics firm launched to compete with Apple Inc's iPads, after finding some models had low water resistance, Jiji News Agency said on Friday.

Sony will provide free checks and maintenance on t...


Samsung posts $7.3 billion third-qurter profit, this quarter will be tougher
US-SAMSUNG-EARNINGS:Samsung posts $7.3 billion third-qurter profit, this quarter will be tougher
By Miyoung Kim

SEOUL (Reuters) - Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, its main rival and lea...


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