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Reuters - Wednesday, November 10
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Microsoft sues Motorola over Xbox patent issue
SEATTLE - Microsoft Corp <MSFT.O> stepped up its legal battle with Motorola Inc <MOT.N> on Tuesday, as the software company accused the phone maker of charging excessive royalties on network technology used in Microsoft's Xbox game system. The suit, filed in federal court in Seattle, comes a month after Microsoft charged that its former ally Motorola infringed a number of its patents in its Android-based smartphones, which run on software built by Google Inc <GOOG.O>.
PE group approaches Alibaba's Ma on Yahoo bid: source
HONG KONG - Jack Ma, founder of Alibaba Group, has been approached by a group of private equity investors to gauge his interest in joining a bid to buy Yahoo Inc <YHOO.O>, a source close to the situation said. Ma, whose Alibaba Group is 40 percent held by Yahoo and is China's largest e-commerce company, has yet to make any decision about participating in the potential bid, said the source, speaking on condition of anonymity due to the sensitivity of the situation.
Sharp and Fujitsu unveil 11 new Symbian phones
HELSINKI - Japan's Fujitsu Ltd <6702.T> and Sharp Corp <6753.T> unveiled 11 new smartphone models running Symbian software on Tuesday, a rare show of support for Nokia's <NOK1V.HE> waning software platform. Though Symbian is the largest smartphone operating system, on more than 400 million such phones since 2000, it has lost ground since the introduction of Apple's <AAPL.O> iPhone in 2007, and Japan is the only market where other manufacturers than Nokia are still taking it on.
AT&T halves selling price on BlackBerry Torch
TORONTO - AT&T <T.N> has slashed the price of Research In Motion's <RIM.TO> BlackBerry Torch smartphone as it ushers in three devices running on Microsoft's <MSFT.O> Phone 7 operating system ahead of the holiday buying season. The Torch, a touchscreen phone with a slide-out Qwerty keyboard, launched exclusively on AT&T from August 12 for $199.99 with a two-year contract, about the same price as Apple's <AAPL.O> iPhone.
IAC stops developing search, Ask.com to outsource
BOSTON - Internet mogul Barry Diller has ended his IAC/InterActiveCorp's <IACI.O> quest to develop Internet search technology to rival that of Google Inc <GOOG.O> and Microsoft Corp <MSFT.O>. IAC's Ask.com unit said on Tuesday it has decided to buy its Web search results from one of its rivals, but it declined to say which one, citing a clause in the contract.
Chip sector hopes for normality after end of boom
MUNICH - The semiconductor industry sees the end of a boom in demand for chips as providing predictability in earnings and production after a period of turbulence, top company executives said. "This industry has gone through hell but it is looking very bright," said Henri Richard, senior vice president of privately owned U.S.-based Freescale, at an industry event in Munich.
Facebook grabs bigger slice of display ad pie
SAN FRANCISCO - Facebook, the world's No. 1 Internet social network, is proving as popular among advertisers as it is among Web surfers. Nearly one of every four graphical, online display ads viewed in the United States in the third quarter was on Facebook's website, according to a new report by Web analytics firm comScore.
Sprint says Clearwire crunch doesn't mean no funds
SAN FRANCISCO/NEW YORK - Clearwire Corp's <CLWR.O> recent "going concern" notice does not mean that Sprint Nextel Corp <S.N> and its other partners would not continue to fund the company, the head of Sprint said on Tuesday. Sprint Chief Executive Dan Hesse said the notice was an accounting technicality due to Clearwire having less than 12 months worth of funding left.
AOL taps BofA to explore Yahoo deal: sources
NEW YORK - AOL Inc <AOL.N> has tapped Bank of America to explore strategic options including a potential Yahoo Inc <YHOO.O> merger, according to people familiar with the matter. Allen & Co LLC, a New York-based boutique investment bank that focuses on media and entertainment, is also advising AOL on its options, said one of the sources.
SAP grills Oracle as Apotheker absent from trial
OAKLAND, California - Oracle Corp <ORCL.O> CEO Larry Ellison testified that SAP's <SAPG.DE> theft of its software cost his company $4 billion, doubling his previous estimate but failing to cite written evidence of it. SAP lawyers immediately challenged Ellison to back up the new figure, but Silicon Valley's richest man said he could not point to documentation proving his claim of the cost of lost business. Germany's SAP asserts that it owes Oracle merely tens of millions of dollars.
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