Technology Report: Netflix investors seek clarity amid stumbles

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	10/20/2011
Good afternoon Bit The world's largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. Shares in Nokia jumped on the surprise profit. Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation. Microsoft Corp used its monopoly position in computer operating systems to block the PC-sharing business of MiniFrame Ltd, according to a lawsuit filed by the small Israeli technology company. EBay Inc reported profit that matched Wall Street estimates and gave a restrained outlook for the rest of the year because of economic uncertainty. The news sent its shares lower. Search giant Google is deepening ties with Asian electronics powerhouse Samsung Electronics, the largest Android seller, which is also set to overtake Apple as the world's biggest smartphone vendor in the third quarter. "The Asian market is very important. Especially some of the countries are really emerging with smartphones and we are very excited about the opportunity," Won-pyo Hong, executive vice president for Samsung's global product strategy, said on the sidelines at the All Things D technology conference in Hong Kong.     LATEST NEWS Netflix investors seek clarity amid stumbles October 20, 2011 02:33 PM ET LOS ANGELES (Reuters) - One-time Wall Street superstar Netflix Inc will have some explaining to do when it reports quarterly results on Monday. | Full Article Basic phones lift Nokia to surprise Q3 profit October 20, 2011 01:27 PM ET HELSINKI (Reuters) - The world's largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. | Full Article Yahoo "cross talk" ban jolts bidders October 20, 2011 11:30 AM ET NEW YORK (Reuters) - Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation. | Full Article Microsoft sued for monopoly abuse by Israeli firm October 20, 2011 01:32 PM ET (Reuters) - Microsoft Corp used its monopoly position in computer operating systems to block the PC-sharing business of MiniFrame Ltd, according to a lawsuit filed by the small Israeli technology company. | Full Article EBay profit meets Street; shares dip on cautious view October 20, 2011 01:58 PM ET SAN FRANCISCO (Reuters) - EBay Inc reported profit that matched Wall Street estimates and gave a restrained outlook for the rest of the year because of economic uncertainty, sending its shares lower. | Full Article BUSINESS NEWS S&P turns up on French, German comments October 20, 2011 01:41 PM ET NEW YORK (Reuters) - The S&P rose on Thursday, erasing earlier losses, as comments by French and German leaders eased market concerns before a key summit this weekend. | Full Article Franco-German split over bailout fund threatens summit October 20, 2011 01:11 PM ET BRUSSELS/BERLIN (Reuters) - Deep divisions between France and Germany mean they are likely to make scant progress on strengthening the euro zone bailout fund at a summit on Sunday, fuelling investor concerns that Europe's leaders are failing to get a grip on the crisis. | Full Article Factory, jobs data offer hope for economy October 20, 2011 01:28 PM ET WASHINGTON (Reuters) - Factory activity in the U.S. Mid-Atlantic region rebounded in October and the number of Americans claiming new jobless benefits fell last week in fresh signs that the economy was likely to duck a new recession. | Full Article AT&T revenue falls short, promises stronger fourth quarter October 20, 2011 01:36 PM ET (Reuters) - AT&T Inc's quarterly revenue fell short of Wall Street estimates, as wireless customers spent less than expected ahead of the introduction of the latest Apple Inc iPhone. | Full Article Liquidnet sued by Wedbush over trade secrets October 20, 2011 02:05 PM ET (Reuters) - Liquidnet Inc, a U.S. venue where institutions anonymously trade public stocks, was sued by Wedbush Securities Inc for allegedly stealing trade secrets to start a rival business trading shares of private companies. | Full Article U.S. TOP NEWS Gaddafi killed in hometown, Libya eyes future Obama: Gaddafi death ends era of "iron fist" rule Protest against Greek austerity vote turns violent Basque separatists ETA say end armed struggle Pennsylvania governor signs Harrisburg takeover bill RELATED VIDEO Nokia's surprise Q3 profits BlackBerry fans eager to solve RIM's problems Robot limbs gear up for the 2012 paralympics A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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