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Sharp eyes profit from small displays, books charge on TVs

Japan's Sharp Corp forecast an unexpected jump in operating profit as demand for smartphones and tablets boosts sales, but said a temporary production halt at two TV panel plants earlier this year would force it to book an extraordinary charge.

Sharp sees 23 percent rise in annual operating profit

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Sharp Corp on Friday forecast a 23 percent rise in annual operating profit to 97 billion yen ($1.2 billion) expecting growing demand for smartphones and tablets will boost its sales of small liquid-crystal display panels.
Apple Inc. CEO Steve Jobs gives a wave at the conclusion of the launch of the iPad 2 on stage during an Apple event in San Francisco

Apple Profit View Raised at Susquehanna

Susquehanna Financial has raised its profit estimates of Apple, saying that the technology giant is well positioned with leading market share in two of the fastest-growing segments in technology: smartphones and tablets.
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Google Executive Chairman Schmidt attends the eG8 forum in Paris

Facebook snubbed Google as partner, says Schmidt

Popular social networking site Facebook snubbed the partnership offered by Google Inc, denying the search giant access to its trove of personal information, said Google Executive Chairman Eric Schmidt on Tuesday.

Google to battle Microsoft and Apple with Chrome OS

Diehard fans of Google will have to wait if they are planning to own a Chrome OS run tablet PC. At the Computex PC show in Taipei on Tuesday, Google announced its plans to stick to Notebook computers for Chrome OS while mobile devices and tablets will be in queue.

Nvidia Upgraded at Auriga

Auriga USA LLC upgraded its rating on shares of Nvidia Corp. (NASDAQ: NVDA) to buy from hold and raised its price target to $24 from $19, as it sees potential for strong growth in Tegra, which may more than offset its flattish GPU business.

Red light for Google Wallet: Sued by PayPal

Google Wallet is set to face tough time as PayPal has filed a lawsuit for stealing trade secrets, barely hours after Google officially launched Google Wallet and Google Offers services.
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AT&T Renewal Concerns Present Buying Opportunity for Synchronoss

Wedbush Securities views recent weakness likely due to concerns and confusion over the AT&T (NYSE: T) renewal, as an opportunistic entry point in shares of Synchronoss Technologies, Inc. (NASDAQ: SNCR). The brokerage reiterated its outperform rating on shares of Synchronoss with a price target of $36.

How Google Wallet works?

Google launched its much awaited NFC-enabled mobile payment platform, Google Wallet, which enables users to make payments at the point-of-sale (POS) by merely waving the phone.
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What is inside Google Wallet?

Google unveiled its much anticipated mobile payments system -- Google Wallet -- in New York on Thursday, promising to change for ever the way people use money for transactions. In the past few thousand years, the way we pay has changed just three times—from coins, to paper money, to plastic cards. Now we’re on the brink of the next big shift, Google stated.

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