Technology Report: Samsung expert: Apple damages estimates are overstated

	Click to View in Browser 08/16/2012 Samsung expert: Apple damages estimates are overstated SAN JOSE, California (Reuters) - A financial expert said Apple Inc has overstated the profit margins earned by Samsung Electronics Co Ltd for mobile products, an issue that goes to the heart of the high profile patent trial between the two tech companies. Facebook hits new low as first early investor sales begin SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc shares sank as much as 7.1 percent to a record low after early investors got the greenlight to sell for the first time since the No. 1 social network went public, starting a string of insider lockup expirations expected to pressure the stock for months. Exclusive: Canada minister was prepped if RIM CEO talked takeover OTTAWA/TORONTO (Reuters) - A senior Canadian minister was prepped to discuss foreign investment rules with Research In Motion's new CEO in a March telephone call, mindful of intense takeover speculation that's still swirling around the embattled BlackBerry maker. Cisco jumps on dividend hike, props up network gear makers (Reuters) - Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker. Oracle settles SEC charges over secret India payments (Reuters) - Oracle Corp agreed to pay a $2 million fine to settle U.S. Securities and Exchange Commission charges that an India subsidiary secretly set aside money used to make unauthorized payments to phony vendors in that country. IBM to buy Texas Memory Systems (Reuters) - International Business Machines Corp has agreed to buy privately held Texas Memory Systems, a high-end enterprise storage technology provider, to expand its own storage offerings, IBM said on Thursday. Dish says it needs wireless partner to build network (Reuters) - Dish Network must seek a partner to enter the mobile broadband market and is not likely to build a network from scratch because of delays from U.S. regulators, company Chairman Charlie Ergen told two Denver publications this week. Verizon Wireless clears hurdles in cable spectrum deal NEW YORK/WASHINGTON (Reuters) - Regulators cleared the way for Verizon Wireless to proceed with its $3.9 billion purchase of airwaves from big cable providers but placed constraints on the companies' controversial marketing agreements. GameStop slashes sales outlook, raises dividend (Reuters) - GameStop Corp, the world's largest retailer of videogame products, sharply reduced its sales forecast for this year as uncertainty grows around new releases for 2012 and the market continues to struggle. Marvell second-quarter misses expectations (Reuters) - Chipmaker Marvell Technology Group Ltd's second-quarter results missed estimates on sputtering PC sales and market share losses at its mobile chips business, sending its shares down 8 percent in extended trade. Related Video Retinal prosthesis a potential boon for the blind Samsung unveils new tablet Mediafile 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