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Samsung Expects Record Q3 Profit of $9.4bln

Samsung Electronics Co. said Friday it expected to post a record operating profit of 10.1 trillion won ($9.4 billion) in the third quarter of this year.

The estimate was slightly higher than analyst predictions and represents a 25 percent increase from a revised operating profit of 8.06 trillion won a year earlier for the world's top maker of smartphones, memory chips and flat-panel TVs.

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Twitter Wants to Fly with Billion-Dollar IPO

Twitter on Thursday unveiled plans to pump up the globally popular one-to-many messaging service with a $1 billion stock market debut.

The initial public offering (IPO) is expected to be the most sought-after since Facebook in May 2012, a listing that faced numerous glitches on the Nasdaq and which saw the company's share price slump before recovering this year.

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Hackers Plunder Adobe Systems User Data-Source Code

Software titan Adobe Systems on Thursday warned that hackers breached its defenses and stole source code along with credit card numbers and other information relating to nearly three million customers.

"Very recently, Adobe's security team discovered sophisticated attacks on our network, involving illegal access of customer information as well as source code for numerous Adobe products," Adobe chief security officer Brad Arkin said in a blog post.

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Rdio Launches Free Listening on Mobile Devices

Digital music service Rdio (AR'-dee-oh) is launching its free Internet radio service in the U.S., Canada and Australia on Thursday.

The move capitalizes on Rdio's tie-up with traditional radio station owner Cumulus Media and helps it compete with digital rivals Pandora and Spotify.

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Hyundai Cars to Ditch Cigarette Lighter Socket

Hyundai Motor said Thursday it would stop putting cigarette lighter sockets in cars made for the domestic market in favour of a USB power point.

The South Korean auto giant said its decision would affect all passenger cars and SUVs sold at home from this month.

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European Regulator Close to Settlement with Google

European regulators appeared to be nearing a settlement with Google in their probe over whether the Internet search-and-advertising giant is unfairly stifling competition.

Joaquin Almunia, the top antitrust official at the European Commission, the EU's executive arm, said there had been a "significant improvement" in the concessions Google was willing to make in order to avoid a fine. The Commission has been investigating Google since 2010 over complaints that it gives undue preference to its own services in search results and negotiates unfair advertising deals.

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New Kindle Good Contender for Amazon Users

Amazon's new Kindle Fire HDX tablet resembles Google's Nexus 7 in many ways — from its light weight to its sharp display. Both tablets run a version of Google's Android operating system, and they even have the same starting price of $229.

The similarities end when you turn them on.

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Internet Technology Becoming Cyber Chic

Models wearing Google Glass eyewear, Pebble smartwatches and other hot gadgets strutted a catwalk late Monday as Internet technology continued to merge with the world of fashion.

A Digital Fall fashion show here marked the close of the first Glazed Conference devoted to setting the stage for wearable computing startups to become billion-dollar businesses.

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Strap on Your Computer, Wearable Tech Taking Off

The digital domain is creeping off our desktops and onto our bodies, from music players that match your tunes to your heart beat, to mood sweaters that change color depending on your emotional state — blue for calm, red for angry. There are vacuum shoes that clean the floor while you walk and fitness bracelets, anklets and necklaces to track your calorie burning.

"Everyone agrees the race is just beginning, and I think we're going to see some very, very big leaps in just the next year," said tech entrepreneur Manish Chandra at a wearable technology conference and fashion show in San Francisco Monday that was buzzing with hundreds of developers, engineers and designers.

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Tokyo Gadget Show Offers Glimpse of Tomorrow

A car that drives itself and glasses that translate a menu as you read it are some of the glimpses of tomorrow on offer at a gadget fair near Tokyo that began on Tuesday.

The Cutting-Edge IT & Electronics Comprehensive Exhibition (CEATEC) threw open its doors to thousands of visitors eager to sample gizmos they will be using in future.

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