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One of Sony's new 4K TVs is thinner than your smartphone

Sony has announced a dizzying new array of TVs, many of which have Android TV for apps like Netflix and other catch-up services. It also has new 4K screens, including two with HDR support. Sony’s largest new screens are 75-inches. The X940C is at the top of the pile and costs a magnificent £7499 (the list price is $8000 in the US). This screen, along with the X930C, will support

Fugitive fails to revive Facebook lawsuit, block criminal case

By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Monday rejected the fugitive Paul Ceglia’s efforts to revive his civil lawsuit against Facebook Inc and founder Mark Zuckerberg seeking a big stake in the social media company, and to halt a related criminal prosecution for fraud. The 2nd U.S. Circuit Court of Appeals in New York said “overwhelming forensic evidence” demonstrated that a 2003 “Work for Hire”

Sony unveils new Xperia phone even as it retrenches in mobile

Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its struggling mobile operations. The launch of the new flagship model comes amid a painful restructuring at the Japanese consumer electronics giant which has thrown the future of its smartphone division into doubt, with top executives saying an exit

Israel's Check Point Software steps up expansion plans

By Tova Cohen TEL AVIV (Reuters) – Network security provider Check Point Software Technologies plans to sharpen its focus on threat-prevention and mobile security, it said on Monday after posting better than expected first-quarter profit. Chief Executive Gil Shwed spoke of increased investment in new technologies and staff to cement the company’s position of strength in a vibrant Israeli tech sector that accounts for about 12.5 percent of economic output

India's Central bank working on integration between e-commerce firms and banks

India’s central bank is working on improving the integration between e-commerce firms and the country’s banking systems, a deputy governor of the Reserve Bank of India (RBI) said on Monday. “One area which we will now be looking at very closely, which is emerging, is how to provide integration between e-commerce platforms and banks,” Deputy Governor H.R. Khan said at a banking industry event. India’s fast growing e-commerce market is

Fed's Dudley hopeful on rate hike this year

Economic performance will determine when the Federal Reserve finally raises U.S. interest rates from near zero, an influential Fed official said on Monday, adding he hopes to tighten policy later this year. “We have to see what unfolds,” New York Fed President William Dudley said in a speech that repeated cautious optimism that the U.S. economy will continue to expand and that inflation will begin to firm later this year.