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BUSINESS
June 18, 2013 | By Salvador Rodriguez
Five months after unveiling the Xperia Z smartphone, Sony has finally announced that T-Mobile will be the exclusive U.S. carrier for the device. The Xperia Z features a large 5-inch 1080p HD screen and a high-resolution 13-megapixel rear camera. The device is capable of connecting to T-Mobile's new LTE network where it is available and it runs on Android 4.1 Jelly Bean. One of the more distinctive qualities of the device is its water resistance. The Xperia Z can be submerged under three feet of water for up to 30 minutes.
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BUSINESS
June 26, 2013 | By Paresh Dave
Leaving the front door unlocked is a risky move. And that risk is the same with smartphones running Android, Google's open operating system. Android phones come with unlocked doors, allowing them to install applications found almost anywhere online. But when downloading applications from somewhere other than the Google Play store, Android device users must be more cautious than ever, according to Juniper Networks third annual Mobile Threats Report . People who create viruses and other malicious software, or malware, for mobile devices have targeted Android because it has become the dominant mobile operating system worldwide.
BUSINESS
May 7, 2012 | By Jessica Guynn
A partial jury verdict in its copyright infringement case against Google has handed Oracle a major setback, limiting damages against the search giant. The jury on Monday found that Google did improperly borrow the structure of Oracle's software code but did not violate Oracle's other copyrights. Oracle, which accused Google of stealing a key piece of its technology to build the popular Android mobile software, sought up to $1 billion in damages on copyright claims in San Francisco federal court.
BUSINESS
October 14, 2011 | By Jessica Guynn, Los Angeles Times
"Gangbusters. " That's how Google's chief executive, Larry Page, summed up his company's third quarter. The nation's economy may be stalled. Concerns over a global recession may be in overdrive. But Google's digital advertising engine delivered another NASCAR-worthy performance, even with the economic head winds, sending its shares sharply higher. In after-hours trading, Google shares rose $36, to $595, up more than 6%. The company released its results after the close of regular trading.
BUSINESS
January 8, 2013 | By Jessica Guynn
SAN FRANCISCO -- Facebook is holding a news conference at its Menlo Park, Calif., campus next week to unveil something new. The giant social network sent out the invitation Tuesday. It said simply: "Come and see what we're building. " That was enough to unleash a feverish wave of speculation even in the blitz of coverage coming out of the Consumer Electronics Show in Las Vegas. It might just be a product launch, but we plan to treat it like a rocket launch. Facebook used to have frequent news conferences before its less-than-impressive initial public offering in May. But it's been more than a year since the last one so the media are getting restless.
BUSINESS
September 17, 2008 | Jessica Guynn; Dawn C. Chmielewski
For those of you who have been anticipating the so-called Google Phone as if it were the next iPhone, the wait is almost over. T-Mobile USA said Tuesday that it would unveil the much-anticipated mobile phone loaded with Google Inc.'s Android software next Tuesday at a news conference in New York. The G1 phone, which is being manufactured by HTC, won't be for sale until October. But expect T-Mobile to finally divulge some key details such as pricing. T-Mobile is just the first carrier to market the phone.
BUSINESS
August 27, 2010 | Reuters
Billionaire investor Carl Icahn has increased his holding in Motorola Inc. to about 10.4%, according to documents the company filed with the Securities and Exchange Commission. According to the filing, Icahn spent $86.2 million on 11.5 million shares of Motorola this week. Icahn had reported Aug. 3 that he had raised his stake to 9.99% since May 7, when he held 8.75% of Motorola's shares. Motorola is planning to split in two in the first quarter of next year, separating its cellphone and set-top-box business from its enterprise mobility business.
BUSINESS
January 30, 2013 | By Jessica Guynn
Facebook Inc. reported fourth-quarter financial results that beat Wall Street expectations, but its shares are falling anyway. Revenue rose 40% to nearly $1.6 billion in the fourth quarter, above analyst estimates. That marked the first growth acceleration since Facebook started selling shares to the public in May. Facebook said it earned $64 million, or 3 cents a share, compared with $302 million, or 14 cents a share, a year earlier. "In 2012, we connected over a billion people and became a mobile company," Chief Executive Mark Zuckerberg said in a written statement that accompanied the fourth-quarter financial results.
BUSINESS
May 23, 2013 | By Paresh Dave
On its way to becoming the fastest-selling Android smartphone, the Galaxy S4 has been sold twice as many times as the HTC One in their first few weeks on the market. Samsung announced this week that it has sold 10 million Galaxy S4 phones. Currently in either black or white, the phone manufacturer plans to sell the smartphone in more colors, such as blue, red, purple and brown, later this year. An HTC executive told the Wall Street Journal its device had been purchased 5 million times, but that production remains behind schedule because of parts shortages.
BUSINESS
January 15, 2013 | By Jessica Guynn
MENLO PARK, Calif. -- Anticipation has been making Silicon Valley wait just like a Carly Simon song in a 1970s Heinz ketchup commercial. But that wait will come to an end Tuesday morning when Facebook holds a news conference at its Menlo Park, Calif., headquarters. We're live tweeting from the event. Tweets by @jguynn Facebook last week invited the media to "come and see what we're building. " It provided no details. There has been no shortage of speculation on what Facebook might announce as investors pushed shares above $30. Shares closed at $30.95 on Monday, though analysts say the stock gains may have more to do with investors' anticipation of the company's fourth-quarter financial results due out Jan. 30 than anticipation of a major announcement at the mysterious news conference.
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