TechSpot News
IT Industry News
The business side of tech receives ample coverage on TechSpot. The industry’s latest developments, legal face-offs, acquisitions, and trends in technology will give you an overall scope of what’s to come.
Nortel's internal network "owned" by hackers for almost a decade
- According to the Wall Street Journal, Nortel was unwittingly victimized for nearly 10 years by suspected Chinese hackers with "widespread" access to the company's internal network. The infiltration was so severe, the individuals responsible are believed to have had the…
HDD supply to recover by Q3 2012, prices to remain high
- Echoing concerns from various hard drive manufacturers, market research firms IHS iSuppli and Coughlin Associates are predicting that HDD inventories will not be back to normal until the third quarter of this year and prices will likely remain inflated at…
Apple, Microsoft and RIM cleared to buy Nortel patents
- The crazy gold rush for wireless patents hit a new milestone yesterday as the US Department of Justice approved several patent purchases and acquisitions. In the same report it released to approve the Google buyout of Motorola for $12.5 billion, …
Consumer tech generated $144 billion in 2011, Apple was the top brand
- Consumer electronics sales fell half a percent in 2011, generating $144 billion, NPD reports. Computers, televisions, tablets/e-readers, mobile phones and video game hardware commanded nearly 60% of those sales. Notebooks and desktops alone represented $28 billion (almost 20%), a decrease…
EU, US approve Google's $12.5 billion buyout of Motorola Mobility
- The EU and US approved Google's $12.5 billion acquisition of Motorola Mobility today. European regulators were first to greenlight the transition, saying it doesn't present issues. The US Department of Justice mirrored that decision hours later. With those blessings, Google…
AT&T prepping systems for shared data plans
- AT&T is preparing their systems for new data plans that will allow customers to share data across all of their wireless devices. The move comes just a few months after rival Verizon Wireless announced intentions to introduce family data plans…
Refocused MySpace gains 1 million users, but is a comeback possible?
- MySpace has announced that the site has acquired one million new users since December 2011. In addition to the new users, comScore reported last week that monthly traffic to MySpace had increased in January, marking the first increase in nearly…
$120 million Googleplex expansion includes secret test labs, demo facility
- Google is working on a $120 million expansion to their Mountain View headquarters that will include secret hardware testing labs and a museum-like facility known as the Google Experience Center. Construction crews have been working on the 800,000 square feet…
Apple wins 3G patent case against Motorola in Germany
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Motorola Mobility Holdings lost its third patent case against Apple in Mannheim, Germany on Friday after failing to show that the Cupertino based iPhone maker was violating their 3G/UMTS patent for mathematical sequences in mobile...
Fair Labor Association begins inspections of Foxconn at Apple's request
- Amid public concerns of harsh working conditions, Apple has announced that a team of labor rights experts, under the leadership of the Fair Labor Association (FLA), will conduct audits of its final assembly suppliers, including Foxconn factories in Shenzhen and…
New 7 and 9-inch Kindle Fire models may be on the way
- Following recent news of a seemingly imminent iPad 3 launch, it appears Amazon may have some news of its own. According Pacific Crest analyst Chad Bartley, the jungle-themed sales giant may be planning to roll out new 7 and 9…
Multiple monitor use on the rise despite declining desktop PC sales
- The act of running multiple monitors from a single computer was once reserved for diehard enthusiasts and IT professionals but a new article from The New York Times suggests that computer users are adopting multiple monitors at a quickening pace.…
Wolfram Alpha Pro introduces drag 'n drop, 25% of traffic from Siri
- Famed scientist, Stephen Wolfram, announced "phase two" of his online "computational knowledge engine": Wolfram Alpha Pro. The enhanced service features new ways to input data, understands even more data formats -- about 60 to be precise -- and allows users…
Apple loses preliminary injunction against Galaxy Tab 10.1N
- Dismissing Apple's attempted injunctions, a Duesseldorf court has cleared the modified Samsung Galaxy Tab 10.1N for sale in Germany. The decision comes after several rulings against Samsung in a series of bitter patent suits. Apple succeeded in blocking the original…
Engineers boost CPU/GPU speed 21%, could be a glimpse of AMD's future
- North Carolina State University researchers have discovered a method of boosting processing performance by more than 21%. Although many processing designs by Intel, AMD and ARM house CPU and GPU cores in the same package, the components still function mostly independently.
Google's cloud storage service 'Drive' to launch soon
- Google is reportedly getting ready to launch a cloud-based storage service that would rival the likes of Dropbox and Microsoft's SkyDrive. Citing people familiar with the matter, the Wall Street Journal says the service will be known as 'Drive' and…
Justice Department to green light Google-Motorola deal
- Google could receive approval from the US Department of Justice for its $12.5 billion acquisition of Motorola Mobility as early as next week, giving the internet search giant a powerful armory of patents for its Android operating system, according to…
Tim Berners-Lee defends the open web from patent threat
- The inventor of the world wide web, Sir Tim Berners-Lee testified in Federal Court on Tuesday giving evidence as part of the defense of a rather remarkable patent trial that’s getting under way in Tyler, Tx, where Michael Doyle is…
Apple sued for $1.6 billion for using "iPad" in China, apology requested
- A major Chinese display company, Proview Technology, has demanded that Apple cease using "iPad" in China. After engaging in "ambiguous" negotiations with Apple over the matter, executives at Proview have decided to take legal action by suing the company for 1.6 billion…
S&P cuts Sony rating, warns it could face further downgrades
- US credit ratings agency Standard and Poor’s cut the long term debt rating of Sony Corporation to BBB+ yesterday, issuing a stark warning that it could drop the Japanese electronics company a further notch within a year if it does…
Nvidia and Rambus settle four-year memory patent dispute
- In 2008, Rambus accused Nvidia of infringing upon 17 patents across six of their product lines. After four years of legal sparring, the companies have finally decided to resolve the matter privately. The newly struck deal will be valid for…
Scientists use heat to store data on magnetic hard drive
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A multinational team of scientists have discovered a new method to store data magnetically that is hundreds of times faster than current hard drives are capable of. The new method demonstrated by the research team uses a laser that fires for 1/10,000 of a nanosecond...
Nokia to cut 4,000 more jobs and move manufacturing to Asia
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Finnish phone manufacturer Nokia has announced plans to cut a further 4,000 more jobs at plants in Finland, Hungary and Mexico as the struggling firm tries to reduce manufacturing costs by re-locating production assembly work of its smartphones...
Facebook CEO Mark Zuckerberg could face massive $2 billion tax bill
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Facebook’s much publicized IPO will make founder and CEO Mark Zuckerberg a billionaire, but it could potentially also land him with a tax bill up to a staggering $2 billion, should he exercise his stock options worth billions of dollars...
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