Technology Report: Toshiba partner says chip production resumes

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	03/11/2011
Good afternoon Bit Hundreds of people across the U.S. lined up to get their hands on Apple's iPad 2, the update to last year's wildly popular tablet computer. If you're wondering how much the iPad 2 could cost you, Michael Hickins of The Walls Street Journal adds up the tab and discovers you could easily spend $300 on top of the $499 price tag for the cheapest model. Tablet sales are expected to surge to more than 50 million units this year, with Apple capturing more than 70 percent of the market. If you do buy an iPad and you happen to be a politician, you might not want to use how much you paid for it as an example of why inflation isn't a problem when you head into a working-class neighborhood. Neil Young, the CEO of mobile-gaming success story Ngmoco, tells VentureBeat's Dean Takahashi about his quest to create a multibillion-dollar mobile entertainment company. And how he's relying on two technologies, Mobage and NG Core, combined into a worldwide mobile social network, to make it happen. If your only alarm clock is your iPhone or iPod Touch, you're "springing forward" for Daylight Savings time this weekend and you want to wake up on time on Monday, you might want to consider a backup, writes Business Insider's Steve Kovach. LATEST NEWS Toshiba partner says chip production resumes LONDON/SAN FRANCISCO (Reuters) - Toshiba's main facility producing flash memory used in tablets and smartphones has resumed production after the Japanese earthquake and chip prices could rise due to the setback and logistic problems. | Full Article Nokia pays Elop over $6 million to move from Microsoft March 11, 2011 08:04 AM ET HELSINKI (Reuters) - World's top phone maker Nokia will pay its CEO Stephen Elop more than $6 million in one-time payments for moving to the Finnish company from Microsoft last September, a corporate filing showed on Friday. | Full Article LimeWire wins limit on damages to record labels March 11, 2011 12:48 PM ET NEW YORK (Reuters) - A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for copyright infringement, at an upcoming damages trial. | Full Article Nokia more confident on Navteq March 11, 2011 02:39 PM ET HELSINKI (Reuters) - Nokia, the world's top cellphone maker by volume, is more confident that it will not need to write down its $8.1 billion Navteq acquisition, a corporate filing showed on Friday. | Full Article Energy leads Wall Street after Saudi protests fizzle March 11, 2011 04:51 PM ET NEW YORK (Reuters) - Stocks closed the week on a high note on Friday, on relief that unrest did not engulf top oil producer Saudi Arabia, calming some investors who worried the market was entering a near-term slide. | Full Article BUSINESS NEWS Shoppers shake off high gasoline costs in February March 11, 2011 04:04 PM ET WASHINGTON (Reuters) - Retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for gasoline. | Full Article Consumer sentiment at five-month low in March: survey March 11, 2011 04:04 PM ET NEW YORK (Reuters) - Consumer sentiment fell to its lowest level in five months in early March as gasoline prices rose, a survey released on Friday showed. | Full Article Rajaratnam tapes to get lots of play at trial March 11, 2011 02:45 PM ET NEW YORK (Reuters) - Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him. | Full Article AIG bid to buy back mortgage bonds may buoy market March 11, 2011 03:42 PM ET NEW YORK (Reuters) - American International Group's bid to take back $15.7 billion in risky mortgage bonds may inject fresh confidence in a market where investors had started to question a nearly two-year rally. | Full Article Japan's quake toll set to exceed 1,000, world offers help March 11, 2011 03:41 PM ET TOKYO (Reuters) - A devastating tsunami triggered by the biggest earthquake on record in Japan looked set to kill at least 1,000 people along the northeastern coast on Friday after a wall of water swept away everything in its path. | Full Article U.S. TOP NEWS Tsunami grazes West Coast, thousands evacuate Hawaii orders evacuations in Pacific tsunami threat American energy companies brace for tsunami Magnitude 6.6 earthquake hits northwest Japan: report Malaysians make off with all -- including house RELATED VIDEO Multi-storey car park transforms into war-time hospital Silicon Valley taps UK design talent Shuttle Discovery makes final landing A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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