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Reuters - Monday, April 19
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Publishing venture bets on iPhone short stories
LONDON - A new publishing company is betting that readers will bypass electronic readers such as Amazon's <AMZN.O> Kindle and Sony's <6758.T> Reader in favor of reading bite-sized stories on mobile devices they already own. Ether Books will launch at the London Book Fair on Monday, and will offer a catalog of short stories, essays and poetry initially via Apple's <AAPL.O> iPhone and iPod Touch, by authors including Alexander McCall-Smith and Louis de Bernieres.
RIM says video is big challenge to networks
TORONTO - Research in Motion Ltd <RIM.TO> <RIMM.O> says it is far from certain that video will become the "killer app" that defines smartphones, but even so the BlackBerry maker says developing more efficient delivery is necessary to prevent video from choking airwaves. The popularity of feature-rich smartphones such as the BlackBerry, Apple's <AAPL.O> iPhone, and Motorola's <MOT.N> Droid has surged, but they use as much as 30 times as much bandwidth as regular mobile phones to run the applications, or "apps," that make them so popular.
Countries to release anti-piracy text as deal nears
WASHINGTON - Countries negotiating a deal to curb trade in fake and pirated goods are close to reaching an agreement in talks that have raised concerns among digital rights advocates, U.S. trade officials said on Friday. "The agreement can be concluded soon if other participants make it a priority to achieve such progress now," Nefeterius McPherson, a spokeswoman for the U.S. Trade Representative's office, said in a statement.
FCC awaits economic data from Comcast, NBCU
WASHINGTON - The Federal Communications Commission on Friday extended the public comment period for the joint venture between Comcast Corp <CMCSA.O> and NBC Universal because it has not received additional economic data requested from the companies supporting their deal. The agency said it has not received one report to support the claimed benefits from the transaction and another addressing the potential impacts on online video distribution.
Speedy scanner re-writes book on publishing technology
TOKYO - Simply flipping through a book may not seem like the best to way to scan it, but a Japanese research group at Tokyo University has created new software that allows hundreds of pages to be scanned within minutes. Scanning paper is normally a tedious process with each page having to be inserted into a flat-bed scanner, but the team led by professor Masatoshi Ishikawa use a high speed camera that takes 500 pictures a second to scan pages as they are flipped.
Cellphone satnav use surging in Europe
HELSINKI - Europeans are increasingly using their cellphones for satellite navigation in cars, directly threatening the personal navigation industry, research firm comScore said Friday. Competition for satellite navigation users has increased this year as the world's largest cellphone maker Nokia in January followed Google in starting to offer free navigation on phones.
Video game sales jump in March, reversing slide
SAN FRANCISCO - Sales of video game gear and software in the United States climbed 6 percent in March, industry tracker NPD said on Thursday, bouncing back somewhat after declining for two straight months. Hardware sales slipped 4 percent in the month, but software sales jumped 10 percent.
Microsoft says investigating China factory report
SEATTLE - Microsoft Corp <MSFT.O> said on Thursday it was investigating charges that young workers at a factory in China making its mice, cameras and Xbox controllers suffer overlong working hours and harsh treatment. A report, published by rights group the National Labor Committee earlier this week, alleged that teenaged workers at a factory operated by KYE Systems Corp <2365.TW> in Dongguan, China, faced military-style discipline, were fined for mistakes and housed in dirty dorm rooms after working 15-hour shifts.
Google shares slide amid Schmidt speculation
SAN FRANCISCO - Google Inc <GOOG.O> shares fell more than 7 percent on Friday after its quarterly results came in short of expectations, leading some analysts to cut price targets on concerns about growth. Some investors also disliked Google's decision that Chief Executive Eric Schmidt would no longer participate in earnings conference calls, even though a number of prominent chief executives, including Apple Inc's <AAPL.O>, IBM Corp's <IBM.N> and Microsoft Corp's_<MSFT.O>, are often absent from such calls.
AMD revenue beats Street but shares fall
SAN FRANCISCO - Advanced Micro Devices Inc <AMD.N> reported better-than-expected first-quarter revenue as PC and server spending rebounded, but investors cashed out of a rally triggered by stellar Intel Corp <INTC.O> results. The company -- which had posted 12 consecutive quarters of losses until the previous quarter -- said on Thursday its second-quarter sales would be seasonally weaker, striking a muted tone in contrast with Intel's bullish comments on corporate spending bouncing back in 2010.
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