Canon stake in Oce hiked to 84 pct after tender offer

2010-03-20T02:00:09Z

<div><p>TOKYO (Reuters) - Japan's Canon Inc <7751.T> said its tender offer for shares in Oce NV <OCEN.AS> has raised its stake in the Dutch printer maker to 84 percent, moving closer to its target of turning Oce in...

China says HP violated customer rights rules

2010-03-19T01:15:44Z

<div><p>China's product-quality watchdog said US computer maker Hewlett-Packard violated Chinese consumer rights rules, after an investigation into complaints about faulty laptops from dozens of customers.</p><p>

China quality watchdog says some HP laptops faulty

2010-03-19T00:00:05Z

<div><p>BEIJING (Reuters) - China's quality control watchdog said an investigation into Hewlett-Packard Co showed the company had sold some faulty laptop computers, and ignored consumer protection regulations.</p><p>The DETROIT (Reuters) - Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday.</...

HP settles patent violation cases with importers

2010-03-18T10:15:31Z

<div id="subtitle">HP settles patent violation cases with some importers of ink cartridges</div><div><p>Hewlett Packard Co. said Thursday that it has reached a settlement with three companies that have been accused of infringing on the printer company's patents for ink cartridges.</p><p>HP filed a complaint with the Hewlett-Packard on Monday issued an apology and extended the warranty for certain laptops after China launched an investigation into consumer complaints of faulty products.</p><p>HP said it was "working closely" with the country's product quality watchdog to ensure customer concerns over certain laptops were addressed.</p>...

Apple gives chief operating officer $5M bonus

2010-03-12T16:30:18Z

<div id="subtitle">Apple gives COO Cook $5 million bonus, stock for performance during Steve Jobs' medical leave</div><div><p>Apple Inc. is giving its chief operating officer a $5 million bonus for "outstanding performance" running the company while CEO Steve Jobs was on medical leave.</p><p>Timothy Cook, 49, will also receive 75,000 restricted stock units s...

Apple Executive Bonus

2010-03-12T14:32:48Z

FILE - In this June 8, 2009 file photo, Apple interim CEO and Chief Operating Officer Tim Cook smiles before the start of the the Apple Worldwide Developers Conference in San Francisco. Apple Inc. is giving its chief operating officer a $5 million bonus for "outstanding performance" running the ...

Lenovo says business will focus on mobile Internet

2010-03-12T00:45:17Z

<div id="subtitle">Lenovo will focus on mobile Internet, sales in faster-growing emerging markets</div><div><p>Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing emerging markets, CEO Yang Yuanqing said Friday.</p><p>Lenovo, the world's f...

China Lenovo

2010-03-11T22:30:21Z

FILE - In this file photo taken Thursday May 25, 2006, a Chinese model uses a mobile phone to control a robot made by Chinese computer maker Lenovo at a high-tech exhibition in Beijing, China. Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growin...

Western Digital shares inch lower after downgrade

2010-03-11T10:00:29Z

<div id="subtitle">Western Digital shares retreat amid worries over hard drive demand</div><div><p>Shares of Western Digital Corp. and Seagate Technology retreated Thursday amid worries over demand for their hard disk drives.</p><p>Craig-Hallum Capital analyst Christian Schwab downgraded Western Dig...

Over 170 Chinese consumers file complaints on HP laptops

2010-03-11T09:17:07Z

<div><p>More than 170 Chinese laptop users have filed complaints against US computer giant Hewlett-Packard, requesting a recall of products they say are faulty, a lawyer said Thursday.</p><p>The individual complaints were sent separately to China's SHANGHAI (Reuters) - More than 100 Chinese consumers have filed an official complaint against Hewlett-Packard Co over faulty laptop computers, leaving the door open for a lawsuit against the U.S. technology company, a lawyer for t...

Hewlett-Packard says pilfered inkjet parts peddled

2010-03-09T11:17:58Z

<div><p>Hewlett-Packard said it is suing a Taiwan-based firm for peddling inkjet cartridges made from parts swiped from the US technology giant's facilities in Asia.</p><p>HP has called on the TOKYO (Reuters) - Shares of Fujitsu Ltd <6702.T>, Japan's largest IT services firm, fell more than 4 percent on Monday amid a dispute with former president Kuniaki Nozoe over the circumstances that led ...

Movers roundup: Apple, Dish Network

2010-03-05T15:21:50Z

<div id="subtitle">Movers roundup: Apple stock jumps to record high, Dish Network shares climb on analyst upgrade</div><div><p>Among the stock activity stories for Friday, March 5, from AP Financial News:</p><p>NEW YORK (AP) — Shares of Apple Inc. jumped...

HP revises results on EDS litigation

2010-03-05T14:46:46Z

<div><p>SAN FRANCISCO (Reuters) - Hewlett-Packard Co <HPQ.N> said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.</p><p>HP revised its net earnings for the quarter...

PC sales to grow 20 percent in 2010: Gartner

2010-03-04T12:16:37Z

<div><p>Worldwide sales of personal computers are expected to grow nearly 20 percent this year over 2009, with laptops driving new sales, research group Gartner said on Thursday.</p><p>Gartner said it expected total PC sales of 366.1 million units in 2010, a 19.7 percent increase from the 305.8 million units shipped in 2009.</p><p>It said worldwide PC spending is forecast to reach 245 billion dollars this year, up 12.2 percent from 2009.</p><p>In D...

Gartner: PC shipments to grow 20 pct in 2010

2010-03-04T08:45:10Z

<div id="subtitle">Gartner: PC shipments to grow 20 percent in 2010, driven by tablets like the iPad</div><div><p>Global PC shipments will rise nearly 20 percent this year on the rising popularity of notebooks and next-generation tablets, according to a forecast Thursday from research firm Gartner Inc.</p><p>As recently as December, Gartner foresaw an in...

Hewlett Packard Ark

2010-03-03T11:18:20Z

Hewlett-Packard Company Chairman and Chief Executive Officer Mark Hurd speaks at the dedication ceremony of HP's customer service and technical support center in Conway, Ark., Wednesday, March 3, 2010. (AP Photo/Danny Johnston)

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