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    Thursday, March 21, 2013

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    Reuter site - Google's Chrome, Android systems to stay separate

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    Google's Chrome, Android systems to stay separate

    Thu, Mar 21 08:25 AM EDT

    By Devidutta Tripathy

    NEW DELHI (Reuters) - Google Inc's Chrome and Android operating systems will remain separate products but could have more overlap, Executive Chairman Eric Schmidt said, a week after the two came under a single boss.

    Google last week said Andy Rubin, the architect of Android - the world's top-selling mobile operating system - was moving to a still-undefined role while Sundar Pichai, in charge of its Chrome web browser and applications like Google Drive and Gmail, was taking on Rubin's responsibilities.

    Schmidt, Google's chief executive from 2001 to 2011, is becoming more outspoken on issues involving technology and world affairs, and was in India as part of a multi-country Asian tour to promote Internet access.

    After the Indian capital, he is visiting Myanmar, which is seen as the last virgin territory for businesses in Asia.

    In January he went to North Korea, saying it was a personal trip to talk about a free and open Internet.

    Only about a tenth of India's more than 1.2 billion people have access to the Internet, although that is changing fast with growth in low-cost tablet computers and cheaper smartphones.

    Schmidt called on India to clarify a law that holds so-called intermediaries like Google and Facebook liable for content users post on the web.

    In 2011, India passed a law that obliges social media companies to remove a range of objectionable content when requested to do so, a move criticized at the time by human rights groups and companies.

    Schmidt also said rumors he may be leaving Google were "completely false." He was responding to a question on whether his plan to sell about 42 percent of his Google stake was a signal that he was leaving the world's No.1 search engine.

    "Google is my home," he said, adding that he had no plans to take on a job in government.

    (Reporting by Devidutta Tripathy; Writing by Aradhana Aravindan; Editing by Helen Massy-Beresford)

    Reuter site - BlackBerry shares higher after Morgan Stanley upgrade

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    BlackBerry shares higher after Morgan Stanley upgrade

    Wed, Mar 20 13:56 PM EDT

    TORONTO (Reuters) - Shares of BlackBerry rose more than 7 percent on Wednesday after Morgan Stanley upgraded the stock and doubled its price target for shares of the smartphone maker, as it sees the company's new BlackBerry 10 devices boosting margins.

    The brokerage firm did a double upgrade on BlackBerry's stock, bumping it to "over weight" from "under weight," saying that it now believes the firm's handset unit can support itself moving forward and will no longer have to rely on its services arm to support it.

    Morgan Stanley analyst Ehud Gelblum, who raised his price target on the company to $22 from $10, said he still believes that BlackBerry will remain a niche player, mostly selling to its existing base of Blackberry users.

    "However, in contrast to our prior thinking, we now believe there may be room in the handset market for niche midrange players." said Gelblum in a note to clients.

    Blackberry shares were up 7.8 percent at $16.20 in afternoon trading on Nasdaq, while it's Toronto-listed shares rose by a similar margin to C$16.62.

    BlackBerry is expected to report its fiscal fourth-quarter results on March 28, giving investors a glimpse of the kind of traction its new Z10 touchscreen device is generating.

    The device is currently on sale in over 20 countries, but is only set to begin launching with major U.S. carriers at the end of this week.

    (Reporting by Euan Rocha; Editing by Bob Burgdorfer)

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