2011年12月7日星期三

Technology Report: Exclusive: Verizon to take on Netflix with Web service

Reuters
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12/6/2011
News Good afternoon Bit
Verizon Communications plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix and the traditional cable TV business, according to several people briefed on the plan.

Wireless service provider Verizon Wireless said it was not blocking Google's payments app, Google Wallet, on its latest smartphone, and said it was still in talks with Google about the service.

A court in southern China has rejected a lawsuit by Apple, accusing a Chinese technology company of infringing its iPad trademark, a newspaper reports, the latest move in a protracted tug-of-war over the name.

For most brokerages, the question is not whether to cut their price targets for Research In Motion but by how much. Analysts who see the possibility of a white knight emerging for the struggling BlackBerry maker have favored a target higher than its current trading level of about $17 a share. For those who see no end in sight for RIM's downward spiral, the target tends to be much lower.

A court error on Friday offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation.
LATEST NEWS
Exclusive: Verizon to take on Netflix with Web service
December 06, 2011 03:08 PM ET
NEW YORK (Reuters) - Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan. | Full Article
Verizon says not blocking Google Wallet
December 06, 2011 03:18 PM ET
(Reuters) - Wireless service provider Verizon Wireless said it was not blocking Google Inc's payments app, Google Wallet, on its latest smartphone, and said it was still in talks with Google about the service. | Full Article
German patent firm asks retailers to halt HTC sales
December 06, 2011 01:30 PM ET
(Reuters) - Patent firm IPCom said on Tuesday it had asked top German cellphone retailers to stop selling phones of HTC, threatening them with legal action, as HTC has not complied with a court ruling on injunction of its sales. | Full Article
RIM target prices factor in white knight scenario
December 06, 2011 12:53 PM ET
TORONTO (Reuters) - For most brokerages, the question is not whether to cut their price targets for Research In Motion but by how much. | Full Article
Chinese court rejects Apple lawsuit over iPad name
December 06, 2011 02:19 PM ET
HONG KONG (Reuters) - A court in southern China has rejected a lawsuit by Apple Inc, accusing a Chinese technology company of infringing its iPad trademark, a newspaper reported on Tuesday, the latest move in a protracted tug-of-war over the name. | Full Article
BUSINESS NEWS
Wall St up, investors ignore S&P warning
December 06, 2011 03:20 PM ET
NEW YORK (Reuters) - Stocks advanced on Tuesday and were near session highs as investors showed a muted reaction to the S&P's recent downgrade warning for the euro zone. | Full Article
S&P threatens euro zone, EU chief urges bigger fund
December 06, 2011 02:40 PM ET
BRUSSELS/BERLIN (Reuters) - Standard & Poor's fired a second warning shot at the euro zone in 24 hours, threatening on Tuesday to cut the credit rating of its financial rescue fund as European leaders raced to find a political solution to their sovereign debt crisis. | Full Article
Exclusive: Fiat-Chrysler CEO "guardedly optimistic" on euro
December 06, 2011 02:59 PM ET
NEW YORK (Reuters) - Sergio Marchionne, the chief executive of Chrysler Group LLC and Fiat SpA, is "guardedly optimistic" the European Union will take steps this week to help the euro regain its credibility. | Full Article
Fed to hold off on easing, finalize policy framework
December 06, 2011 02:37 PM ET
WASHINGTON (Reuters) - The Federal Reserve looks set to hold off on easing monetary policy for a second meeting in a row as it gauges the impact of Europe's crisis on the U.S. economy and ponders additional transparency steps. | Full Article
Court approves Lehman plan to exit bankruptcy
December 06, 2011 02:05 PM ET
NEW YORK (Reuters) - Lehman Brothers Holdings Corp, now just the odds and ends of the global financial behemoth that collapsed in September 2008, received court approval on Tuesday to exit bankruptcy early next year. | Full Article
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