Technology, Media & Telecom
UPDATE 2-Sharp cuts annual outlook on slow cellphone demand
OSAKA, Japan, Oct 6 (Reuters) - Japanese consumer electronics maker Sharp Corp cut its annual operating profit outlook by one-third on Monday due to sluggish domestic sales of mobile phones, missing market expectations by a wide margin. Full Article
D.Telekom seeks stolen data on 17 mln mobile users
FRANKFURT, Oct 5 (Reuters) - Thieves have hijacked sensitive data on millions of Deutsche Telekom mobile phone customers, the German company has acknowledged in its second major security scandal this year. Full Article
Ask revamps for faster Web search, better relevance
NEW YORK, Oct 6 (Reuters) - IAC Corp's Ask.com is overhauling its Web search engine to deliver faster results and improved relevance as it bids to win share from market leader Google Inc . Full Article
UPDATE 2-DreamWorks, Paramount finalize separation
LOS ANGELES, Oct 5 (Reuters) - The principals behind DreamWorks SKG and Paramount Pictures sealed their parting of ways on Sunday, allowing the DreamWorks studio to tie up with Reliance ADA Group of India to start a new film company. Full Article
DEALTALK-UPDATE 1-SanDisk could be worth $34-$36 per share
(Adds source comment in eighth graf, SanDisk's closing price on Friday) (For more Reuters columns on deals, double click on [DEALTALK/]) Full Article
Nokia Siemens wins Bangladesh network expansion deal
HELSINKI, Oct 6 (Reuters) - Telecom network equipment firm Nokia Siemens Networks [NSN.UL] said on Monday it had won an order to expand the GSM mobile telephone network of Teletalk Bangladesh, a state-owned operator. Full Article
UPDATE 1-France's Gemalto launches cash offer for Wavecom
PARIS, Oct 6 (Reuters) - Gemalto , the world's largest provider of smart, mobile SIM and bank cards, launched an unsolicited cash offer for Wavecom , valuing the French wireless technology firm at over 100 million euros ($135.9 million). Full Article
UPDATE 1-SingTel sees hit from finance crisis, to cut costs
SINGAPORE, Oct 6 (Reuters) - Singapore Telecommunications Ltd announced cost cuts as it said its operations were starting to feel some impact from the global financial crisis. Full Article
Elpida to shrink chips, may freeze 50-nm shift
TOKYO, Oct 6 (Reuters) - Japan's Elpida Memory Inc , the world's No.3 maker of PC memory chips, said on Monday it will make its chips smaller to cut costs and could freeze a plan to produce new models because of the credit squeeze. Full Article
Magyar Telekom to cut up to 300 jobs in Q1 2009
BUDAPEST, Oct 6 (Reuters) - Magyar Telekom plans to lay off up to 300 employees, most in the first quarter of 2009, at a cost of 5 billion forints ($27.41 million) this year, the company said in a statement on Monday. It said the job cuts would result in annual savings of 1.8 billion forints in staff-related expenses. Full Article
Asia stocks drop with yen surging
Oct 6 - Asian stocks dropped by around 5 percent on Monday. Play Video
Editor's Choice
Investors see Comcast paying dividend in '08
NEW YORK, Jan 17 (Reuters) - Comcast Corp , the largest U.S. cable company, may have to initiate a stock dividend this year to boost its beleaguered share price, reversing a long-standing company policy. Full Article
