Reuters: Technology, Media & Telecommunications

UPDATE 1-Philips Q2 EBITA beats expectations

Mon, 13 Jul 2009 06:26:12 +0100

AMSTERDAM, July 13 (Reuters) - Dutch conglomerate Philips Electronics said on Monday sales may show some improvement in the second half after reporting a second-quarter operating profit that beat analyst expectations.

UPDATE 1-Flextronics eyes $3.5 bln in notebook PC sales by 2011

Mon, 13 Jul 2009 02:04:46 +0100

* Enters notebook PC sector in challenge to bigger players

Microsoft pitches Razorfish sale to 5 big ad cos -WSJ

Mon, 13 Jul 2009 04:11:40 +0100

NEW YORK, July 12 (Reuters) - Microsoft Corp is pitching to five of the world's biggest advertising companies a deal to buy Razorfish, its digital ad agency, The Wall Street Journal reported on Sunday, citing executives familiar with the situation.

UPDATE 1-EU charges Philips, LG Display with LCD price-fixing

Mon, 13 Jul 2009 10:57:13 +0100

BRUSSELS, July 13 (Reuters) - Dutch electronics maker Philips and South Korea's LG Display said on Monday they had received a charge sheet from the EU's executive arm about suspected price-fixing on LCD panels.

LG launches app store, initial focus on Asia

Mon, 13 Jul 2009 03:33:00 +0100

SEOUL, July 13 (Reuters) - LG Electronics Inc , the world's No. 3 handset maker, is launching an online store for mobile phone applications Tuesday with an initial focus on Asia and aspirations for a more global reach by year-end. Phone makers and mobile firms worldwide are in a race to match the success of Apple's App Store, creating their own virtual stores where users can download software and content.

UPDATE 1-Turkcell to bid in Libyan telecom tender

Mon, 13 Jul 2009 08:59:22 +0100

ISTANBUL, July 13 (Reuters) - Turkey's biggest mobile-phone operator Turkcell said on Monday it would bid for a licence to provide landline and mobile-phone services in Libya, which it said had high growth potential.

McGraw-Hill hires Evercore to sell BusinessWeek- Bloomberg

Mon, 13 Jul 2009 07:31:18 +0100

July 13 (Reuters) - McGraw-Hill has hired Evercore Partners Inc , a top U.S. merger advisory boutique to sell BusinessWeek magazine, Bloomberg said, citing a person close to the situation.

UPDATE 1-Datatec says Westcon's business EBITDA profitable

Mon, 13 Jul 2009 07:21:14 +0100

JOHANNESBURG, July 13 (Reuters) - South African IT firm Datatec Ltd said on Monday its Westcon's emerging markets business was now profitable at EBITDA level, but the Logicalis unit was impacted by challenging trading conditions in the Unites States.

Ericsson to invest in R&D centre in South Korea

Sun, 12 Jul 2009 09:13:15 +0100

SEOUL, July 12 (Reuters) - Swedish telecom equipment maker Ericsson will invest in a new research and development centre in South Korea and increase its staff to about 1,000, the South Korean presidential office said on Sunday.