Technology Report: Top court hears Microsoft appeal on i4i patent

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	04/18/2011
Good afternoon Bit Apple sued rival Samsung Electronics claiming that Samsung's Galaxy line of mobile phones and tablet "slavishly" copies the iPhone and iPad, according to court papers. The lawsuit, filed on Friday, alleges Samsung copied the look, product design and product user interface of Apple's products. Samsung violated Apple's patents and trademarks, the suit alleges. Twitter is in talks to buy TweetDeck for around $50 million, The Wall Street Journal reported. TweetDeck is an add-on program that helps Twitter users view and manage their tweets and messages on other services such as those offered by Facebook and Foursquare. Twitter has allowed advertisers' "promoted tweets", that show up when users perform searches on Twitter, to appear on TweetDeck as part of a revenue-sharing agreement, The WSJ wrote. Texas Instruments's quarterly earnings missed Wall Street expectations by a penny as expenses rose after two of its Japanese factories were damaged in the country's largest-ever earthquake. The company, which plans to buy analog chip maker National Semiconductor Corp for $6.5 billion, said one of its factories will "soon" resume full production, and added that it expects a strong second half. Match.com said it will begin checking users against the national sex offender registry, days after a class action lawsuit was filed by a woman allegedly sexually assaulted by a man she met on the dating site. There's an app for: Taking a virtual walk up the aisle of Westminster Abbey ahead of Prince William and Kate Middleton's wedding: The Abbey 3D app gives Android, iPhone and iPad users access to the historic royal church, flashing up "hotspots" of information and their significance on the day of the wedding and show a cross-section bird's-eye view of the abbey showing the layout of the church. Watching Flash videos on iOS devices: iSWiFTER bypasses Apple's objections to the popular streaming video format, running the Flash content at its own data center and then sending video to the user's iPad, which has to be connected to a Wi-Fi connection. LATEST NEWS Top court hears Microsoft appeal on i4i patent April 18, 2011 03:41 PM ET WASHINGTON (Reuters) - Microsoft Corp urged the U.S. Supreme Court on Monday to make it easier to challenge some patents as part of its appeal of a record $290 million jury verdict for infringing a small Canadian software firm's patent. | Full Article Philips CEO turns off TV in search of profit April 18, 2011 01:18 PM ET AMSTERDAM (Reuters) - Philips is hiving off its once leading television business, the first step by new chief executive Frans van Houten to boost flagging profit at Europe's biggest consumer electronics maker. | Full Article Wal-Mart to buy social media firm Kosmix April 18, 2011 02:25 PM ET NEW YORK (Reuters) - Wal-Mart Stores Inc said on Monday it agreed to buy social media company Kosmix for an undisclosed sum, as the world's largest retailer aims to win over more tech-savvy shoppers. | Full Article Analysis: Google's Page and Wall Street: Who needs who? April 17, 2011 12:06 PM ET SAN FRANCISCO (Reuters) - It took fewer than 400 words for freshman Google Inc CEO Larry Page to set the tone for a strained relationship with Wall Street that could haunt him for years. | Full Article Wall Street falls on sovereign fears April 18, 2011 05:28 PM ET NEW YORK (Reuters) - Wall Street fell more than 1 percent on Monday as sovereign debt fears on both sides of the Atlantic and China's monetary tightening hurt the outlook for global economic growth. | Full Article BUSINESS NEWS S&P threatens to cut U.S. credit rating on deficit April 18, 2011 05:56 PM ET NEW YORK (Reuters) - Standard & Poor's threatened on Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years. | Full Article Citi profit sags as revenue shrinks, expenses grow April 18, 2011 04:39 PM ET NEW YORK (Reuters) - Citigroup Inc's first-quarter profit fell 32 percent as shrinking loans and poor trading results pressured revenue while expenses surged. | Full Article TI misses Street targets and warns on Japan April 18, 2011 05:53 PM ET NEW YORK (Reuters) - Texas Instruments Inc warned of slower-than-typical quarterly sales growth as it scrambles to restart production after Japan's massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal. | Full Article IMF criticizes response to overheating risks April 18, 2011 01:31 PM ET WASHINGTON (Reuters) - The International Monetary Fund on Monday criticized developing countries for not responding strongly enough to the surge of hot money into their markets, saying the result could be a hard economic landing. | Full Article South recovering from storms as death count climbs April 18, 2011 02:46 PM ET WASHINGTON (Reuters) - At least 45 people died from tornadoes, thunderstorms, flooding and hail across the southern United States over the weekend, and officials said the death toll may rise as the cleanup continues. | Full Article U.S. TOP NEWS Finnish veto threat clouds Portugal aid talks U.S. stings Rajaratnam with phone tap to end case Euro zone crisis escalates on Greek debt fears U.S. secretly backed Syrian opposition: report Bidder snags William and Kate Pez for $13,000 RELATED VIDEO Critics pan BlackBerry PlayBook Wall Street reading Google CEO Page Tesla Meets Apple with New Retail Concept A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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