Business Tech

Best Buy bails out of European venture in $775M deal

Best Buy is selling its 50 percent joint venture stake back to mobile phone retailer Carphone Warehouse for 500 million pounds ($775 million).

It's a massive loss for Best Buy, which bought 50 percent of Carphone Warehouse's retail operations for $2.1 billion in 2008, during the time where the global financial crisis was about to kick the European market firmly where it hurts.

In a statement on Tuesday, Best Buy said it has entered a definitive agreement to sell its half of the business in conjunction with Carphone Warehouse back to the company. The total figure includes … Read more

Opera suit: Former employee spilled secrets to Mozilla

Opera Software has sued former employee Trond Werner Hansen, alleging that he gave trade secrets to rival browser maker Mozilla.

The Norwegian company seeks damages of 20 million kroner, or $3.4 million, according to a report by newspaper Dagens Naeringsliv, which uncovered the suit and wrote about it Monday.

"Opera is of the opinion that the former employee has acted contrary to his contractual and other legal obligations towards Opera. Among other things, we claim that he is in breach of the duty of loyalty and his contractual and statutory confidentiality obligations," said Ole E. Tokvam, a … Read more

Huawei CEO: Next boss won't come from my family

Telecom equipment maker Huawei Technologies won't be a family-run business for long.

In a letter sent to employees on Sunday and obtained by Reuters, Huawei CEO and founder Ren Zhengfei said that no one in his family will succeed him because he doesn't believe any relatives have all of the personal qualities necessary to effectively lead the company.

"Huawei's successor should not only have vision, character and ambition, like what we've said before, but also a good global perspective and the acumen to drive the business," Ren wrote, according to Reuters. "My family … Read more

'Wintel' on the wane: Intel goes Google

The fact that Microsoft and Intel no longer rule the personal computing world isn't news. But what happens next is.

I'll start with a flashback from the early '90s. I remember attending the launch of Windows 3.1 when I lived in Japan. Kazuhiko Nishi, former friend and business partner of Bill Gates, made a statement that foretold the fate of the Japanese PC industry as well as the global PC market.

I'm paraphrasing, but he said Microsoft was the chassis and Intel the engine of the personal computer. The point, of course, was that the two … Read more

Intel confirms 'Haswell' chip intro at Computex

It's official. Intel's fourth-generation core "Haswell" processor will arrive on June 3. Expect a crush of desktops, laptops, convertibles, detachables, and tablets to ensue.

"In approximately 3,337,200,000,000,000 nanoseconds, Intel will reveal all there is to know about the highly anticipated 4th generation Intel Core processor family," Intel said in a statement Friday.

That's June 3 in the U.S. and June 4 in Taiwan, where it will be rolled out at Computex.

Haswell is mostly about better battery life and, to a lesser extent, about improved graphics performance. … Read more

Samsung recasts its Windows PC line as Ativ

Samsung is rebranding all of its Windows PCs as Ativ.

Ativ is Vita backward -- that's Samsung's reasoning -- and previously only applied to the Ativ Smart PC and Smart PC Pro, both Windows 8 tablets. (There was also the Ativ Tab, a Windows RT slate that never saw the light of day. And an Ativ S Windows Phone came out with little fanfare.)

"We hope our Ativ brand will see the same kind of traction and awareness that we have seen with our Galaxy brand, with consumers associating Ativ with Windows in the same way they … Read more

Dell brings 4G LTE wireless connectivity to Windows 8 tablet

Dell is now offering 4G LTE on its XPS 10 -- a feature conspicuously absent on most Windows 8 tablets.

"Today, we're introducing an AT&T 4G LTE mobile broadband version for US customers on Dell.com, providing professionals with the same fast, reliable, high-speed internet connection as on their smartphones for connectivity anytime, anywhere," Dell said in a statement Thursday.

The XPS 10 is a bit of an oddball tablet among the top-tier PC makers.

It's one of the few tablets to use the RT version of Windows 8. And it's even a … Read more

Android notebooks? Yep, Intel says, and they'll only cost $200

Notebook prices should soon hit $200, but most of those will be Android-based devices, not Windows 8, an Intel executive said.

Intel CEO Paul Otellini last week said touchscreen PCs could debut at prices as low as $200 in the coming months. At the time, he didn't specify what operating system those products would run.

But Dadi Perlmutter, Intel executive vice president and chief product officer, told CNET on Wednesday that notebooks priced at the $200 level will predominantly be Android products running on Intel's Atom mobile processor. Whether Windows 8 PCs hit that price largely depends on … Read more

New Chrome extension can open Office docs

Direct browser support for Microsoft Office documents is coming in fits and spurts to Chrome. Google's latest effort is a portly extension for Chrome beta.

If you're running Google Chrome Beta on Windows or Mac, you can now install the Chrome Office Viewer. It will allow you to open links to Office files directly in the browser, a feature that was first announced with the Chromebook Pixel.

However, you're limited right now to merely viewing the files. To edit, you'll have to upload the file to Google Drive, or open it in Microsoft Office or another … Read more