August 3rd, 2012, 1:41 PM

Seagate Completes Acquisition of a Controlling Interest in LaCie

Following their press releases issued on May 23, 2012 and June 14, 2012, Seagate Technology plc (NASDAQ:STX) and LaCie S.A. (Euronext:LAC) announced today the completion of the purchase by Seagate of all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the outstanding shares of LaCie for a provisional price of €4.05 [...]

August 2nd, 2012, 3:38 PM

Apple v. Samsung: New Filing Reveals Apple’s Request to Sanction Samsung

A new court filing made public on Thursday has revealed Apple’s formal request of the court to have Samsung sanctioned for distributing banned trial evidence to the press. In legalese, a court sanction is a punishment imposed by a judge — usually a fine — for being in contempt of court or filing a frivolous [...]

August 2nd, 2012, 2:06 PM

Microsoft Turfs Metro Name

Microsoft has emerged from a trademark dispute red-faced, with an order for developers writing programs for Windows 8 to no longer refer to Microsoft’s unified user interface design as “Metro” but rather simply “New User Interface”. Hardware Canucks first learned of this change from sources early Thursday afternoon, and this order has been since confirmed [...]

August 2nd, 2012, 1:36 PM

Thorsten Heins: RIM’s Future is in BB10

For RIM’s CEO Thorsten Heins, the key to RIM’s next decade is BB10. In an interview with the UK’s Telegraph Mr. Heins remained bullish about the company’s prospects, despite the fact the firm is hemorrhaging cash and is about to engage in another round of layoffs. “We know that BlackBerry OS7 was a great platform [...]

August 2nd, 2012, 11:36 AM

Facebook Stock Tumbles to New Low

Facebook’s stock flirted with a price point of $19 per share by mid-day trading today, as the social networking site’s stock continued to tank. By 2:30 PM EST, the price had hit $19.90. Facebook has lost 45% of its value since its initial public offering in May. This latest drop follows an announcement by the [...]

August 2nd, 2012, 10:31 AM

Security Researcher: Huawei’s Gear is “Full of Holes”

At DEFCON, the annual hacker get-together in Las Vegas, a German security research team demonstrated how Huawei’s commercial routers are ripe with serious unpatched security vulnerabilities. Felix Lindner — who prefers the nom-de-hacker “FX” — demonstrated with colleagues from his security think tank Recurity Labs how Huawei’s AR18 and AR 29 series routers contain serious [...]

August 1st, 2012, 5:26 PM

Apple v. Samsung: Samsung’s Lawyer Scolded by Judge

The end of the second day (July 31) of the multi-billion dollar Apple v. Samsung trial was defined by Samsung’s failing to get ‘critical’ evidence for their side included in the case, and a spat between Samsung’s high profile lead lawyer and the judge presiding over the case. Samsung was barred by Judge Lucy Koh [...]

August 1st, 2012, 4:00 PM

Windows 8 Has Been Released to Manufacturers

Microsoft released Windows 8 to manufacturers today, a symbolic milestone that shows the operating system is complete. “Today marks an important milestone in the Windows 8 project. The Windows 8 team is proud to share with you that a short while ago we started releasing Windows 8 to PC OEM and manufacturing partners,” wrote Steven [...]

August 1st, 2012, 12:56 PM

AMD Nabs ARM Expert from Apple

In a bid to prove its seriousness about developing a mobile chip strategy, AMD has hired a former Apple chip designer who has a wealth of experience in the low-power processor design sector. AMD announced Wednesday that it had hired Jim Keller, formerly of Apple’s platform architecture group, to serve as corporate vice president and [...]

August 1st, 2012, 11:34 AM

Valve Modifies Steam Software Agreement to Prohibit Class-Action Suits

In the wake of EA offering to settle a class-action claim regarding its Madden NFL and NCAA exclusivity deals, Valve has modified Steam’s Subscriber Service Agreement to effectively prevent a class action suit from being leveled against the company. “It’s clear to us that in some situations, class actions have real benefits to customers In [...]