Technology Report: Target to sell new electronic reader

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	07/11/2011
Good afternoon Bit Apple has kicked its intellectual property dispute with Taiwanese smartphone maker HTC up a notch. The company filed a new complaint against HTC with a U.S. trade panel over some of its portable electronic devices and software, according to the panel's website. Apple filed a similar action against the company last year and could be trying to strengthen the case against its rival by adding new patents to its claim this time around, notes AllThingD's John Paczkowski. "It's another broad warning to the industry," he writes."If you're bringing a new smartphone to market, you had better make damn sure it doesn't infringe on Apple's IP." The first e-reader to fully integrate Google's eBooks platform into its design goes on sale exclusively at Target stores across the U.S. next weekend, Google said in a blog post. The iRiver Story HD lets users buy and read e-books from the service over Wi-Fi and store their personal collections in the cloud. Google offers more than 3 million free titles for download through its eBooks service, with hundreds of thousands more for sale. LinkedIn, the online networking website aimed at professionals, surpassed Myspace in June to become the second-most popular social network in the United States, according to a new survey from comScore. Just how much more popular is LinkedIn now? According to the figures, LinkedIn had 33.9 million unique visitors in June, a jump of about a half a million from May. Myspace, on the other hand, saw its traffic decline to 33.5 million American visitors, a drop of about 1.4 million users from the previous month. Apple, Microsoft, Research in Motion and three other leading tech companies received court approval to buy wireless patents from bankrupt Nortel Networks Corp for $4.5 billion. A total of 6,000 patents and applications were included in the sale and fetched three times what some analysts expected from the auction in June. LATEST NEWS Target to sell new electronic reader July 11, 2011 03:44 PM ET SAN FRANCISCO (Reuters) - Target Corp will soon start selling a new electronic reader that competes with Amazon.com Inc's Kindle and Barnes & Noble's Nook. | Full Article RIM annual meeting likely to exacerbate investor ire July 11, 2011 05:44 PM ET TORONTO (Reuters) - Research In Motion investors desperate for news about how the BlackBerry maker will reverse its sagging fortunes will likely leave Tuesday's annual meeting with their frustrations even more inflamed. | Full Article Courts OK Nortel patent sale to Apple/RIM group July 11, 2011 05:10 PM ET WILMINGTON, Delaware (Reuters) - Apple Inc, Microsoft Corp, Research in Motion Ltd and three other leading tech companies received court approval on Monday to buy wireless patents from bankrupt Nortel Networks Corp for $4.5 billion. | Full Article Analysis: Apple-Samsung battle may spur supplier shakeup July 11, 2011 08:05 AM ET SAN FRANCISCO (Reuters) - An intensifying quarrel between Samsung and Apple is triggering expectations that some of the pairs' $5 billion-plus relationship may be up for grabs. | Full Article Wall Street records worst day in a month, VIX jumps July 11, 2011 04:40 PM ET NEW YORK (Reuters) - Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses. | Full Article BUSINESS NEWS Alcoa Q2 profit jumps on metal prices July 11, 2011 05:07 PM ET NEW YORK (Reuters) - Alcoa Inc posted a big jump in second-quarter profit on Monday, matching Wall Street estimates, partly due to soaring prices for aluminum and its raw material alumina. | Full Article Obama increases pressure on Republicans on debt July 11, 2011 05:26 PM ET WASHINGTON (Reuters) - President Barack Obama on Monday increased pressure on Republican lawmakers to make concessions for a deal to avoid an August 2 debt default and said both sides must "pull off the Band-aid" and make sacrifices. | Full Article UK scandal won't hurt News Corp revenue: investor July 11, 2011 03:44 PM ET NEW YORK (Reuters) - The British hacking scandal may be unfortunate, but the closing of the News of the World and the outcome of dealings with broadcaster BSkyB will have a minimal impact on News Corp's revenue stream, a major shareholder said on Monday. | Full Article Starbucks wins dismissal of worker tips lawsuit July 11, 2011 05:01 PM ET NEW YORK (Reuters) - Starbucks Corp on Monday won dismissal of a lawsuit by former assistant store managers in New York who accused the world's largest coffee chain of cheating them out of customer tips. | Full Article Murdoch delays BSkyB bid; Brown a hacking target July 11, 2011 05:00 PM ET LONDON (Reuters) - Rupert Murdoch and the British government tried to draw the financial and political sting from a newspaper phone-hacking scandal by referring his $14-billion media takeover to regulators, even as police said former prime minister Gordon Brown appeared to have been a hacking target. | Full Article U.S. TOP NEWS News Corp may be at risk for U.S. probe over bribery In Iowa, Bachmann is early favorite for vote Euro crisis talks struggle, markets hit Italy Clinton says Syria's Assad has lost legitimacy Free online shopping briefly delights customers RELATED VIDEO Bringing light to the poor, one liter at a time Six-wheeled supercar has power and panache Microsoft taps student innovation A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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