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HindustanTimes Wed,19 Jun 2013
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Samsung loses $12 billion market value on smartphone worries

Samsung Electronics Co lost $12 billion in market value on Friday, hit by brokerage downgrades that have underscored concerns about slowing sales of its flagship Galaxy S4 smartphone.

Facebook shares jump as brokers say usage concerns overblown

Shares of Facebook Inc jumped 5.6 percent on Thursday after two investment brokerages upgraded their recommendations, arguing that concerns over the waning engagement of younger users were overblown.

HP's 2Q offers hope even as revenue slump deepens

Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.

Dell's profit dives as billionaire battle rages on

Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.

Facebook outlook still muddled one year after IPO

Some analysts remain lukewarm about Facebook because of its high price-earnings ratio -- Wall Street measure of share price against profits. Even with optimistic profit projections, Facebook's ratio is around 70.

Cisco profit beats Street, shares rise on outlook

Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current-quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.

LinkedIn looks to build on its impressive resume

LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different.

Nokia's market share slumps in first quarter: Gartner

Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday.

Yahoo to ramp up marketing to woo younger users, says CFO

Yahoo plans to ramp up advertising and marketing efforts as it seeks to break its reliance on an "aging demographic" and become more relevant among young adults, the company's finance chief said on Tuesday.

Big Sony options action before Loeb stake raises eyebrows

A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has raised concerns that some traders may have had advance word of the news.

Only 10,000 HTC First handsets sold since launch: analyst

Early estimates suggest that the Facebook phone has failed to catch on but that there's clearly life in the Facebook Home app.

Sharp shares soar after 5,000 job cuts report

Shares in struggling Japanese electronics maker Sharp jumped more than seven percent Friday after a report it will cut an extra 5,000 jobs.

Barnes & Noble shares soar on Microsoft report

Shares in Barnes & Noble Inc rose 23 percent on Thursday after a report that its partner Microsoft Corp is considering an offer to acquire all of Nook Media's digital assets.

Sony gadgets struggle despite profit rise, smartphones key

Sony Corp forecast a drop in sales of cameras and game machines this business year as its consumer gadget business struggles despite a rebound in profit to five-year highs and a boost from the weak yen.

Electronic Arts expects stronger 2014 slate

Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street's expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher's stock 8 percent.


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YouTube says the battle with TV is already over
In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching.
Now, an app that helps you confess your sins

A Roman Catholic prelate has developed a smart-phone application that will help let his parishioners know when and where he is available to listen to their sins.

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How Flipkart broke India's online shopping inertia
It was meant to be a portal that compared different e-commerce websites, only there weren't enough of them in the first place to be compared. Thus was born Flipkart, making sure that online shopping would never be the same again in India.
70 pc students use smartphones
About 70 per cent students today own smartphones with a larger user base in smaller cities than the metropolitan cities, according to a survey by software services firm TCS.
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