Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Motorola Mobility Holdings Inc (NYSE:MMI), China Mobile Ltd. (ADR) (NYSE:CHL)
Samsung Galaxy Gear smartwatch unveiled ahead of rival Apple (GulfNews)
Samsung Electronics Co Ltd unveiled a smartwatch on Wednesday that works as an accessory to its market-leading Galaxy smartphones, with a small screen offering basic functions like photos, hands-free calls and instant messaging. The world’s top handset maker hopes the Galaxy Gear will boost the appeal of its range of Android-powered smartphones, as it battles to maintain its supremacy in the rapidly saturating high-end mobile market against arch rival Apple Inc. (NASDAQ:AAPL).
Motorola Mobility to pay $14.5m in damages to Microsoft (NewStatesman)
A federal jury in Seattle has ordered Google Inc (NASDAQ:GOOG)’s Motorola Mobility Holdings Inc (NYSE:MMI) to pay $14.5m in damages to Microsoft Corporation (NASDAQ:MSFT) for demanding royalties over and above reasonable terms for standard essential patents. Microsoft claimed $29m in damages from Motorola Mobility for demanding royalties of up to $4bn a year for patented technology used in the Xbox consoles and Windows. It contended that a royalty of 2.25 per cent of the price of the products was much higher than standard licenses.
Google Sued in Europe-Privacy Test Case (WSJ)
A sadomasochistic sex party is the latest battlefield in the Web’s privacy war. Google Inc (NASDAQ:GOOG) was hauled into a French court Wednesday by former Formula One racing head Max Mosley, who wants the Internet giant to scrub its search results of grainy images of a sexual escapade. The images were found to be a privacy breach by a U.K. court, only to pop up elsewhere online. The case is the latest in a series brought by Mr. Mosley and others that test the limits of what individuals can do to control information that appears about them on the Internet.
New iPhones, China speculation lift Apple (BostonGlobe)
Apple Inc. (NASDAQ:AAPL) advanced 2.08 percent. The world’s biggest technology company is expected to unveil new iPhone models Sept. 10. The next day, it hosts an event in Beijing. That is spurring speculation Apple may have a deal with China Mobile Ltd. (ADR) (NYSE:CHL), Reuters reported. Apple Inc. (NASDAQ:AAPL) may sell more than 5 million iPhones to China Mobile in the December quarter, with the potential subscriber base at the Chinese wireless carrier reaching 38.7 million next year, said Brian Marshall, at International Strategy & Investment Group, Bloomberg News said.
Google Street View goes inside Fukushima evacuation zones (Asahi)
Former residents, via Google Inc (NASDAQ:GOOG)’s Street View, can now virtually visit areas in Fukushima Prefecture that were devastated by the nuclear disaster. Google Japan Inc. released the images, which give viewers a 360-degree perspective, on Sept. 4. The areas include eight municipalities in the Hamadori district of eastern Fukushima, most of which lie within zones that were evacuatd due to the reactor meltdowns at the Fukushima No. 1 nuclear power plant, operated by Tokyo Electric Power Co.
Watching for Apple TV (CNBC)
