Business Tech

Shares in mobile phone firm Nokia leapt 10 percent on Monday on hopes it can benefit from a setback to rival Samsung, which has lost a high-profile court case to Apple that could lead to an injunction against some of its products.

The chief executives of Apple Inc and Samsung Electronics Co Ltd have talked but did not settle the high stakes patent dispute between the two electronics companies, a Samsung attorney said in court on Monday.

Facebook shares have fallen heavily as the first lock-up period, which stops sales by early investors, ended.

Cisco Systems Inc offered little hope that dire economic conditions in Europe would come to an end any time soon but pleased investors with a 75 percent dividend hike as the company posted quarterly results that beat estimates.

Sony Computer Entertainment Inc will roll out its PlayStation Mobile cross-platform gaming service starting this fall, offering application software and other content across devices like the handheld PlayStation Vita and Xperia smartphones and tablets.

Apple Inc is claiming that more than a quarter of Samsung Electronics' $30.4 billion in U.S. smartphone and tablet sales result from copying of the iPhone and iPad or infringe on other patents, a damages expert for the U.S. company said on Monday.

Google has agreed to pay the largest fine ever imposed on a single company by the US Federal Trade Commission.

Apple Inc and Samsung Electronics Co Ltd are embroiled in a high-stakes patent battle in several countries around the world, but only in Australia are they also engaged in "hot tubbing."

Canada's Research In Motion has chosen its home country to launch a PlayBook tablet with built-in support for cellular networks, a crucial feature missing from its poor-selling initial models.

Business software maker SAP agreed to pay rival Oracle Corp $306 million in damages over copyright infringement allegations against a SAP unit, avoiding a new trial.