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

From CNET News.com: 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...

Next Generation Xbox May Be Called Xbox Infinity

From DailyTech: Forbes is reporting some interesting new rumors on the next-generation Xbox game console from Microsoft. We have known for a while that the next generation console is in the works and is expected to the launch this year with the codename Durango.

Many of those rumors...

Curved Screen LG OLED TV Goes on Sale in South Korea

From DailyTech: LG has announced that it is set to begin accepting pre-orders on its revolutionary curved-screen OLED television with delivery set to begin next month. The television (Model 55EA9800) features a curved 55-inch screen and is model number. LG says that over 1400 of its...

Toshiba Launches Canvio Connect Hard Drives

From X-bit Labs: Toshiba's Digital Products Division (DPD), a division of Toshiba America Information Systems, on Monday announced Canvio Connect, a portable external hard drive that offers high capacity storage along with the ability to access and share files directly from any...

Sprint gets OK from SoftBank to explore rival Dish offer

From CNET News.com: Sprint Nextel has received approval from SoftBank to continue talking to Dish Network about its rival takeover offer, the carrier said Monday.

Sprint has already agreed upon a deal in which it would merge with SoftBank, a wireless carrier based in Japan. But...

Samsung Unveils New Galaxy Tab 3 Tablet

From DailyTech: Samsung has officially announced its new 7” Galaxy Tab 3, which will be available in Wi-Fi or 3G versions. The tablet is designed to be extremely portable and is narrow enough to be held in one hand.

The 7” screen has a resolution of 1024 x 600 and a pixel density of...

Evidence Points to Google Delaying Android 5.0

From DailyTech: Last year at Google Inc.'s (GOOG) I/O developer conference it unveiled Android 4.1 Jelly Bean which brought Project Butter (smoother animations), improved predictive keyboards, offline voice search/questions, and Google Beam (tap to share). Many expected that Google...

Samsung Preps Waterproof Version of Galaxy S4 Flagship Smartphone

From X-bit Labs: Samsung Electronics, the biggest mobile phone maker in the world, is working on a special version of a rugged Galaxy S4 smartphone, which could withstand against water and dust. Ultimately Samsung wants its flagship based on Google Android operating system to compete...

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