Corporate and legal

Even Wall Street is left impressed with the HTC One

Will the HTC One be HTC's savior? Some Wall Street analysts are starting to come around to the idea.

HSBC upgraded the company's investment rating on Friday, citing the impressive flagship phone, according to MarketWatch. The ratings change comes after another firm, Daiwa, also raised its ratings and recommended buying the stock.

HTC has had a tough go at it recently, with sales and profits sinking with each successive quarter. On a marketing and distribution basis, Samsung and Apple have it completely outgunned, and its market share position remains anemic, not even breaching the top five smartphone vendors. … Read more

Samsung to block app store access in Iran, AP says

Iranian device users will lose access to Samsung's mobile app store as of May 22, according to a new report.

The Korean electronics giant said, via an e-mail sent to smartphone and tablet users, that it couldn't provide access to the store because of "legal barriers," the Associated Press reported. Many sanctions have been imposed on Iran over its controversial nuclear program, and Samsung's step is viewed as the latest such move.

Samsung declined to comment.

The AP noted that "unlike Apple, Microsoft and Adobe, Samsung has provided localized services to Iranians in their … Read more

AT&T rolls out home security and monitoring service

A year after announcing that it's getting into the home security and remote monitoring business, AT&T is announcing the first markets where the service will be available, plus how much it will cost.

On Friday, AT&T will announce that its Digital Life service is available in 15 markets: Atlanta; Austin, Texas; Boulder, Colo.; Chicago; Dallas; Denver; Houston; Los Angeles; Miami; Philadelphia; Riverside, Calif.; San Francisco; Seattle; St. Louis; and select areas of the New York and New Jersey metropolitan area. The company said the service will be available in up to 50 markets by the … Read more

Court sides with Microsoft over Motorola patents used in Xbox

In a closely watched case, a federal judge has determined that Motorola is entitled to millions -- not billions -- of dollars in compensation for Microsoft's use of certain standard-essential patents.

U.S. District Judge James Robart ruled Thursday that Microsoft should pay Google's Motorola Mobility unit $1.8 million a year in royalties for use of wireless and video coding patents it used in the Xbox and its smartphones.

Motorola had demanded Microsoft pay royalties of $4 billion for use of patents that are part of the H.264 video and 802.11 wireless standards, which is … Read more

Yahoo's Marissa Mayer will reportedly join Jawbone board

Yahoo CEO Marissa Mayer is said to have joined the board of directors of gadget maker Jawbone. According to AllThingsD, sources familiar with the matter said that Mayer has been familiar with Jawbone for some time and has already sat in on one of the company's board meetings.

Jawbone is a San Francisco-based company has been making colorful tech gadgets for more than a decade, such as the Jambox wireless speaker and the Jawbone Up fitness bracelet that tracks users' physical activity and syncs the data to mobile devices.

The fact that many of Jawbones devices focus on wireless … Read more

Samsung posts $6.4B Q1 profit, down slightly from Q4 2012

Samsung Electronics posted a first-quarter profit Thursday that beat estimates on strong sales of handsets in emerging markets.

Net income rose to 7.15 trillion won ($6.4 billion) in the three months ended March 31, an increase from the company's 5.05 trillion won ($4.55 billion) profit of a year earlier but a slight decline from the fourth-quarter's $6.6 billion net profit, the South Korean Electronics giant said in a statement.

Revenue rose to $47.4 billion, a 15 percent increase over the year-ago period but a 6 percent decline over the previous quarter. The … Read more

Google Fiber prompts Time Warner to offer free Austin Wi-Fi

Though Time Warner Cable's free Wi-Fi hot spots are nothing new, there is something perhaps more than coincidental about the timing of their launch in Austin, Texas.

Did someone say Google Fiber?

Well, actually, Time Warner itself did. In its announcement Thursday that it's bringing free Wi-Fi hot spots to its Austin customers, the company said it was Google launching its superfast Internet and TV service in the Texas capital that gave Time Warner momentum.

"We've been rolling out our free Wi-Fi network across our footprint for some time now, as part of our larger strategy … Read more

Yahoo Chairman Fred Amoroso resigns

Fred Amoroso, who became Yahoo chairman at a time of turmoil for the Web pioneer, has resigned his position, the company announced on Thursday.

Amoroso will remain on the board until company's annual shareholders meeting on June 25 but will not seek reelection. Maynard Webb Jr., former CEO of cloud-based call services company LiveOps, has been appointed interim chairman.

"Fred has been a wonderful chairman for Yahoo over the past year, and I'm personally grateful for his trust and guidance as I took on the role as Yahoo CEO," Marissa Mayer said in a statement. "… Read more

Amazon's slim profits beat analyst expectations

Even as Amazon keeps spending to expand operations, its first quarter results, announced Monday, beat analysts' earnings expectations.

Net income dropped 37 percent to $82 million, or 18 cents a share. That still topped analyst expectations of 9 cents a share. Sales climbed 22 percent to $16.1 billion just a smidgen below consensus expectations of $16.2 billion.

The online retail giant is seemingly always in investment mode, and this quarter was no exception. The company acquired Goodreads, a social network for people who love books. It inked new deals for its Prime Instant Video service with A+E … Read more