Analysis: Nasdaq plays tough with clients angry over Facebook

By John McCrank

NEW YORK | Fri Jun 1, 2012 12:05am EDT

(Reuters) - It's crisis communications 101 for Corporate America: when a company bungles an event as big as the Facebook IPO, alienates customers, and spawns lawsuits and regulatory inquiries, the CEO apologizes and agrees to provide compensation to make things right. Everyone can then move on.

French court backs Google in TV piracy case

PARIS | Tue May 29, 2012 12:59pm EDT

(Reuters) - A French court ruled that Google is not responsible for filtering content on YouTube, dealing a blow to French broadcaster TF1 which sought damages for copyrighted sports and movies which ended up on the video-sharing website.

Opera seen a Facebook fit but no "For Sale" sign

By Joachim Dagenborg and Balazs Koranyi

OSLO | Tue May 29, 2012 2:01pm EDT

(Reuters) - Facebook is under pressure to make money from the increasing number of users who access the social networking site from mobiles, making Norway's Opera a good fit for it, bankers familiar with the technology industry said.

Samsung Galaxy S3 gets head start on rival iPhone

By Miyoung Kim and Paul Sandle

SEOUL/LONDON | Tue May 29, 2012 3:12pm EDT

(Reuters) - Samsung Electronics launched its top-of-the-range Galaxy S3 smartphone in Europe on Tuesday, aiming to outsell its previous model that helped the South Korean company topple Apple as the world's largest smartphone maker.

HTC says phones pass U.S. customs review

TAIPEI | Tue May 29, 2012 8:56pm EDT

(Reuters) - Smartphone maker HTC (2498.TW) said on Wednesday its latest smartphones have passed a U.S. customs review, clearing the way for it to ramp up sales in the United States as it looks to turn around a decline in what was once its largest market.

Samsung launches Galaxy S3 to cement smartphone supremacy

By Miyoung Kim

SEOUL | Mon May 28, 2012 10:51pm EDT

(Reuters) - Samsung Electronics Co launches its latest Galaxy S smartphone in Europe on Tuesday, with the third generation model expected to be even more successful than its predecessor, which helped the South Korean company topple Apple Inc as the world's top smartphone maker.

The S3, which tracks the user's eye movements to keep the screen from dimming or turning off while in use, hits stores in 28 European and Middle East countries, including Germany and Britain, as Samsung aims to widen the gap with Apple months ahead of its rival's new iPhone, expected in the third quarter.

Analysis: Falling prices to kill off half of Chinese LED chipmakers

By Leonora Walet and Twinnie Siu

HONG KONG | Sun May 27, 2012 5:34pm EDT

(Reuters) - In China, surplus capacity and sliding prices are sounding the death knell for half of the companies making light emitting diode (LED) chips used in Samsung television panels and Sharp computer monitors, with only the large, state-backed players likely to pull through.

Sluggish global sales of TVs and computers may further cut LED chip prices by 20 percent this year, and consolidation or closure are the only options for China's smaller LED players, analysts say.

Powerful "Flame" cyber weapon found in Iran

By Jim Finkle
BOSTON | Mon May 28, 2012 6:17pm EDT
(Reuters) - Security experts said on Monday a highly sophisticated computer virus is infecting computers in Iran and other Middle East countries and may have been deployed at least five years ago to engage in state-sponsored cyber espionage.

Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation or nations that commissioned the Stuxnet worm that attacked Iran's nuclear program in 2010, according to Kaspersky Lab, the Russian cyber security software maker that took credit for discovering the infections.

Kaspersky researchers said they have yet to determine whether Flame had a specific mission like Stuxnet, and declined to say who they think built it.

Iran has accused the United States and Israel of deploying Stuxnet.

Sony sees return to profit, aims to halve TV losses

(Reuters) - Sony Corp predicted a return to profit this year as it looks to halve the losses in its TV business that pushed the Japanese consumer electronics giant to a record loss of $5.74 billion in the year just ended.

Sony shares, valued at around $15 billion or just 3 percent of rival Apple Inc, this week slipped to a quarter century low, a sign of how the Walkman and PlayStation maker has lost its innovative edge and fallen behind Apple and Samsung Electronics.