Technology Report: HP ditches costly PC unit spin-off

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	10/28/2011
Good afternoon Bit Google Inc is making another push to bring its Web savvy to television sets, hoping to tap into a vast new market despite consumers' lukewarm reaction to its initial offering. "There's a lot of thirst for using the Web in the living room," said Google Product Management VP Mario Queiroz, who is leading the Google TV initiative. Samsung Electronics overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals. HP was downgraded to "a joke" on Twitter, and suffered countless other barbs for its reversal on its plan for its PC division. Do you ever wonder how Facebook fights spam? The company has released some details about the Facebook Immune System (FIS), which processes 650,000 actions every second, writes ZDNet. Italian roboticists have built a quadruped robot called HyQ that can walk, trot, jump, and rear, ieee Spectrum reports. LATEST NEWS HP ditches costly PC unit spin-off October 28, 2011 10:42 AM ET SAN FRANCISCO (Reuters) - Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business. | Full Article E-brokers for customized certificates to hit Swiss market October 28, 2011 01:42 PM ET ZURICH (Reuters) - Electronic brokers for customized structured products are set to hit the Swiss market next year, allowing investors to get even better deals from banks. | Full Article Google takes another shot at the TV market October 28, 2011 01:23 PM ET SAN FRANCISCO (Reuters) - Google Inc is making another push to bring its Web savvy to television sets, hoping to tap into a vast new market despite consumers' lukewarm reaction to its initial offering. | Full Article Samsung surges past Apple in smartphones, upbeat on Q4 October 28, 2011 12:37 PM ET SEOUL (Reuters) - Samsung Electronics Co overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals. | Full Article Olympus risks lawsuits unless probe truly independent: TSE October 28, 2011 05:23 AM ET TOKYO (Reuters) - Olympus Corp risks possible lawsuits unless a planned probe of acquisitions at the heart of a scandal engulfing the endoscope maker is truly independent, the head of the Tokyo Stock Exchange warned Friday. | Full Article BUSINESS NEWS Wall St edges lower as indexes pause after rally October 28, 2011 01:55 PM ET NEW YORK (Reuters) - Stocks edged lower on Friday as investors paused after a rally that lifted the S&P 500 index almost 20 percent from near bear market levels where it had sunk earlier this month. | Full Article Bank of America scaling back debit card fees October 28, 2011 03:52 PM ET (Reuters) - Bank of America Corp, after receiving heavy public criticism for a planned $5 per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday. | Full Article Analysis: Buybacks potentially distort U.S. earnings picture October 28, 2011 03:36 PM ET (Reuters) - Stock buybacks among large U.S. multinationals are poised to reach their highest level since the recession once third-quarter results are done, as companies step up repurchases to take advantage of lower stock prices. | Full Article Consumer spending rises, weak incomes a worry October 28, 2011 01:31 PM ET WASHINGTON (Reuters) - Sluggish income growth led U.S. households to cut back on saving in September to raise their spending, showing the economy's recovery remains fragile. | Full Article Euro fund head: no quick China deal; Italy costs up October 28, 2011 01:24 PM ET BEIJING (Reuters) - The head of Europe's bailout fund sought financial support from China on Friday to help resolve the bloc's debt crisis, saying that while no quick deal was in sight he was still confident Beijing would keep buying bonds issued by his fund. | Full Article U.S. TOP NEWS Magnitude 6.9 quake shakes buildings in Peru capital More companies shed light on political spending Pressure mounts on MF Global to strike a deal Gaddafi son eyes safety, talks to Hague Total, Chevron profits lifted by firm oil price RELATED VIDEO NASA launches next generation satellite Samsung overtakes Apple in smartphone sales Sony's billion euro bet on mobile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Boat captain arrested for drunken driving Full Article Indian Grand Prix dogged by animals? Rare early Smurf drawings on sale Microchip reunites owner with Tennessee dog found near Detroit Elite Polish cops sacked for protecting Paris Hilton Popular tattooed Barbie causes controversy - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend