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Date: 2013-01-18
Technology News:
Company News:
AT&T faces $10 billion pension charge, other costs
US-ATT-EARNING:AT&T faces $10 billion pension charge, other costs
NEW YORK (Reuters) - AT&T Inc warned on Thursday that it will take a fourth quarter charge of about $10 billion due to bigger than expected pension obligations, sending its shares down 1.3 percent.

The telephone company also said that results would be hurt by higher than expected smartphon...


Instant View: Intel revenue forecast falls short, capex swells
US-INTEL-RESULTS-INSTANT:Instant View: Intel revenue forecast falls short, capex swells
SAN FRANCISCO (Reuters) - Intel Corp forecast current-quarter revenue that was slightly below expectations, as the personal computer industry grapples with falling sales and a fundamental shift in consumer preferences toward tablets and smartphones.

Commentary

TRIP CH...


Candy Crush Saga leads European charge on Facebook
US-KINGCOM-FACEBOOK:Candy Crush Saga leads European charge on Facebook
By Paul Sandle

LONDON (Reuters) - Despite global cuts and freezing temperatures, when it comes to gaming fun, it's Europe where most of the action is happening.

The continent's computer games developers are creating some of the most popular games on Facebook, ...


Cisco acquires minority stake in Russia's Parallels
US-RUSSIA-PARALLELS-CISCO:Cisco acquires minority stake in Russia's Parallels
MOSCOW (Reuters) - Networking equipment company Cisco Systems Inc has acquired a small minority stake in Russian software developer Parallels, Parallels said on Thursday.

Parallels said in a statement that Cisco has bought 1 percent of the company and added that the stake sale does not rul...


Tablet PCs, cheap fashion lift UK retailers
US-RETAILERS-SALES:Tablet PCs, cheap fashion lift UK retailers
By James Davey

LONDON (Reuters) - Trading updates from six major British retailers on Thursday demonstrated that the must-have gadget, cheap fashion and internet sales were key to overcoming an otherwise tough Christmas.

Consumer spending generates about two-thirds of...


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