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Prosecutors raid LG headquarters over washing machine row with Samsung - Yonhap
2014-12-26 07:11:59| Electronics - Topix.net
Prosecutors raided the headquarters of LG Electronics on Friday as part of a probe into whether the South Korean company had damaged the washing machines of rival Samsung Electronics at retail stores in Germany, Yonhap News Agency reported. The raid comes amid an increasingly bitter rivalry between the two companies which compete in home appliances, TVs and smartphones, and ahead of the world's biggest consumer electronics show at Las Vegas in January.
Tags: machine
samsung
row
headquarters
Make that 10 in a row, Nike beats Wall Street again
2014-12-19 04:12:04| Apparel - Topix.net
The Washington County-based sportswear giant reported fiscal second-quarter revenue of $7.4 billion, ahead of the $7.15 billion expected by analysts. The company also announced $0.74 in quarterly earnings per share, ahead of the $0.70 expected by Wall Street.
Google to shut down Spanish news service in tax row
2014-12-11 08:54:00| Telecompaper Headlines
(Telecompaper) Google has announced that it will be shutting down its Google News service in Spain before the reform of the country's Intellectual Property Law comes into force on 01 January 2015. The new legislation contains the so-called 'Google tax', a provision allowing news media companies in Spain to charge search engines such as Google and Yahoo for displaying copyrighted content. Google has argued vigorously against the ruling, insisting that it makes no money from its search-based service. "It's with real sadness that on 16 December we'll remove Spanish publishers from Google News, and close Google News in Spain," said Richard Gingras, head of Google News in a blog post. He added that the new approach was not sustainable because Spanish companies would be able to charge Google "for showing even the smallest snippet from their publications" even though Google Google News itself makes no money from advertising on the site. Gingras also said Google News helps publishers attract traffic to their websites and that they can opt to remove their articles from the service if they wish. "The vast majority choose to be included for very good reason. Google News creates real value for these publications by driving people to their websites, which in turn helps generate advertising revenues," he said.
Barbara Bedell: Athletes who row and swim also skate
2014-12-09 12:07:06| Telecom - Topix.net
The America Rows and Swims group in Newburgh will conduct its Winter Wonderland fundraiser from 1-3 p.m. Saturday at Ice Time in Newburgh.
Tags: row
barbara
swim
athletes
EIA: US proved oil reserves up for 5th year in a row; N Dakota proved oil reserves surpass Gulf of Mexico
2014-12-05 19:55:32| Green Car Congress
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