Technology Report: Facebook buys 750 patents from IBM: source

Click to View in Browser 03/22/2012 Facebook buys 750 patents from IBM: source SAN FRANCISCO (Reuters) - Facebook has acquired hundreds of patents from International Business Machines Corp as the social networking company attempts to bolster its intellectual property portfolio in the wake of a lawsuit filed by Yahoo. Samsung sees smartphones leading Africa growth CAPE TOWN (Reuters) - Samsung Electronics Co aims to double its share of the sub-Saharan smartphone market to 20 percent by next year, as it focuses on affordable handsets, the head of its Africa business said on Thursday. Monster CEO open to selling all or part of company NEW YORK (Reuters) - Monster Worldwide Inc is open to selling all or part of itself and expects to have data ready for potential buyers fairly soon, Chief Executive Sal Iannuzzi said in an interview. Micron posts quarterly revenue above expectations SAN FRANCISCO (Reuters) - Micron Technology posted quarterly revenue above expectations as lower prices for DRAM and NAND chips were offset by higher sales volumes. GameStop expects higher sales this year (Reuters) - GameStop Corp gave a fiscal-year outlook on the high end of analysts' estimates, saying it expects to boost sales of used videogames and to benefit from new hardware from Nintendo Co Ltd. Nokia finalizes 1,000 job cuts in Finland HELSINKI (Reuters) - Nokia finished on Thursday job cut talks with the staff at its plant in Salo, Finland, resulting in planned lay-offs of up to 1,000 people. Proxy battle pits new Yahoo CEO against hedge fund SAN FRANCISCO (Reuters) - Less than three months into the job as Yahoo Inc's chief executive, Scott Thompson faces a proxy showdown with hedge fund Third Point that will determine whether he or a slate of dissident directors nominated by the hedge fund's founder, Dan Loeb, gets to chart the company's course. Foxconn International swings to 2011 net profit HONG KONG (Reuters) - Foxconn International Holdings Ltd , the world's biggest contract manufacturer of cellphones, swung to a net profit in 2011 as key clients such as Nokia Oyj and Huawei Technologies Co Ltd shifted to higher-end smartphones. Apple's new iPhone will use bigger 4.6-inch display: report SEOUL (Reuters) - Apple Inc's new iPhone will have a sharper and bigger 4.6-inch "retina" display and is set to be launched around the second quarter, a South Korean media reported on Thursday. HP creates PC-printing power, Wall Street waits and sees SAN FRANCISCO, March 21 - Hewlett Packard Co will merge its printer and PC businesses, combining two of its largest divisions as Chief Executive Meg Whitman tries to jumpstart growth at the technology company. Related Video Sarkozy pledges crackdown on Internet hate sites Czech Bank app checks for counterfeit cash Mediafile Alistair Barr Eventbrite gets into the dongle business Lisa Richwine Comic '21 Jump Street' leads box office A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 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