Technology Report: Sony at greater risk than Panasonic in electronics downturn: Fitch

	Click to View in Browser 11/23/2012 Sony at greater risk than Panasonic in electronics downturn: Fitch TOKYO (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch said Friday. Autonomy founder says HP allegations don't add up LONDON (Reuters) - Mike Lynch, mathematics whiz and former boss of Autonomy, said he can't see how accusations leveled by Hewlett-Packard Co of dodgy accounting add up to a $5 billion writedown on the software business he sold them last year. HP says does not sell products to Syria (Reuters) - Hewlett Packard Co said it does not sell products to Syria, but acknowledged in a letter made public on Friday that its products could have been delivered there through resellers or distributors. RIM shares play catch-up on the Nasdaq; trim gains in Toronto TORONTO (Reuters) - Research In Motion's U.S.-listed shares played catch-up on Friday, surging more than 13 percent after the Thanksgiving holiday to match some of the gains the stock posted Thursday on the Toronto Stock Exchange. Samsung wins U.S. court order to access Apple-HTC deal details SAN FRANCISCO (Reuters) - A U.S. judge has ordered Apple Inc to disclose to rival Samsung Electronics details of a legal settlement the iPhone maker reached with Taiwan's HTC Corp, including terms of a 10-year patents licensing agreement. Software firm SAP mulls Shanghai listing FRANKFURT (Reuters) - German software group SAP is considering a listing in China to give the world's biggest business software firm the option of tapping financial resources in one of its fastest growing markets. Fighting Sandy debris-removal crooks: There's an app for that NEW YORK (Reuters) - A devastating storm like Sandy can bring out the crooks - and not just opportunistic looters and burglars. Fitch cuts Sony, Panasonic debt ratings to "junk" status TOKYO (Reuters) - Ratings agency Fitch downgraded the debt ratings of Japan's Sony Corp and Panasonic Corp to "junk" status citing weakness in their consumer electronics and TV operations, further diminishing the luster of the once-great Japanese brands. Orange launches smartphone app for free calls, texts HELSINKI (Reuters) - Orange, the mobile brand of France Telecom, launched a global free calling and texting application on Thursday, in direct competition with services such as Skype, WhatsApp and Viber. Australian tax crackdown to target Google, other multinationals CANBERRA (Reuters) - Australia released draft revisions to tax laws on Thursday, which it said were designed to stop big firms, including the local arm of Google, from shifting their income to countries such as Holland or Ireland where the tax rates are lower. Related Video Lagos school girls harness the power of pee Japan to seek seeds of life in asteroid mission Mediafile John C Abell The Facebook Doctrine Harold Goldberg With a new Wii, new problems for Nintendo 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