DirecTV interested in buying video website Hulu: source By Liana B. Baker

(Reuters) - The largest U.S. satellite video provider, DirecTV, is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation.

The person acknowledged that other parties were involved, addi... ...Read More »

Plaintiffs in Mexico Yahoo case say will appeal court ruling MEXICO CITY (Reuters) - Two Mexican firms embroiled in a contractual dispute with Yahoo Inc will appeal a court ruling that overturned an earlier $2.75 billion judgment in their favor, a director of the companies said on Friday.

Yahoo announced the decision by the Mexican appellate court o... ...Read More »

Sanyo may cease to exist under Panasonic reorganization: Nikkei (Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.

Panasonic will cut 90 percent of Sanyo's global workforce of about 2,500 in around three years, the daily reported.

...Read More »

Sony to name Chugai Pharma's CEO as chairman: Nikkei (Reuters) - Sony Corp <6758.T> <SNE.N> plans to appoint Chugai Pharmaceutical Co <4519.T> Chief Executive Osamu Nagayama as chairman, the Nikkei reported.

Nagayama's appointment will be finalized on June 20 at a board meeting to be held immediately after a shareholder... ...Read More »

Yahoo Japan suspects 22 million user IDs leaked: Kyodo (Reuters) - Yahoo Japan Corp said on Friday night it suspected that up to 22 million of its user IDs may have been leaked and it detected an unauthorized attempt to access the administrative system of its web portal Yahoo Japan, the Kyodo news agency reported.

The leaked information does... ...Read More »

Penitent Romanian hacker aims to protect world's ATMs By Radu Marinas

VASLUI, Romania (Reuters) - Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself.

Boanta, 33, is six months into a f... ...Read More »

Foxconn says needs more time to further cut workers' overtime TAIPEI (Reuters) - Foxconn Technology Group said on Friday it needs more time to reduce overtime at its China factories after labor monitors appointed by top client Apple Inc said cutting workers' hours by a July 1 target would be a challenge.

Apple last year commissioned the Fair Labo... ...Read More »

A stretched Samsung chases rival Apple's suppliers By Miyoung Kim

SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.

After costly... ...Read More »

Apple's Cook to propose tax changes at congressional hearing: report (Reuters) - Apple Inc CEO Tim Cook will propose tax changes that would encourage firms to bring home more of their offshore funds when he faces congressional queries next Tuesday over his company's overseas cash holdings and tax bills, the Washington Post reported.

Cook's proposals... ...Read More »

EBay developers working on possible apps for Google Glass By Alistair Barr

SAN FRANCISCO (Reuters) - Developers at eBay Inc are working on potential applications for Google Inc's Glass project, opening up the possibility that shopping and broader commercial activities might be conducted through the wearable technology.

... ...Read More »