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Stock Market & Financial Investment News

News Breaks
January 20, 2014
08:43 EDTROVI, SNERovi announces renewed license agreement with Sony
Rovi Corporation (ROVI) announced that it has renewed the license agreement with Sony (SNE) for interactive program guide patents and technologies. The agreement continues to provide Sony with a license to Rovi’s guide patent portfolio for its consumer electronics devices worldwide and the ability to use related Rovi guide and metadata technologies. In addition to a relationship involving discovery technology and patents, Rovi will collaborate with Sony on advanced TV advertising. Sony uses Rovi Advertising Service, part of Rovi Cloud Services, on its connected TVs and Blu-ray players in North America and Europe.
News For ROVI;SNE From The Last 14 Days
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April 17, 2014
06:08 EDTSNESony says PlayStation 4 sales surpass 7M units worldwide
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April 16, 2014
06:58 EDTSNEFormer Sony chairman to take place on Time Inc's board, NY Post says
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06:20 EDTSNESamsung, Sony Mobile, HTC to release mini smartphone models, DigiTimes says
Samsung (SSNLF), Sony (SNE) Mobile and HTC are expected to launch mini versions of their flagship smartphones by end of Q2, reports DigiTimes. According to sources at Taiwan's handset supply chain, Samsung will release a Galaxy S5, Sony Mobile will release the Xperia Z2 Compact and HTC will release a HTC One mini. Reference Link
06:10 EDTSNESony, Hydro-Quebec form JV for large-scale energy storage system for power grids
Sony Corporation and Hydro-Québec announced that they have agreed to establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June. The new company will utilize Sony's control technologies for highly safe, reliable, olivine-type lithium-ion iron phosphate rechargeable batteries and highly scalable module systems, together with Hydro-Québec's operation and control technologies for electric power supplies as well as its lithium-ion battery material technology. By combining these strengths, the new company intends to research and develop a highly safe and reliable system for large-scale applications, as well as battery material technology suitable for use within electric power systems, and explore their use in a wide variety of applications, such as meeting excess demand during peak times, and the integrating renewable energy sources into power grids.
April 15, 2014
18:22 EDTSNESony looks to revive TV business with 4K technology, Nikkei reports
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08:34 EDTSNEHighpower subsidiary selected by Sony as battery supplier
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April 14, 2014
11:11 EDTSNEVevo and Yahoo expand music video distribution partnership
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06:06 EDTSNESony expects Ultra HD TV sales to increase to four times in 2014, DigiTimes says
Sony expects Ultra HD TV sales to increase by four times in 2014 as it targets a 10% global share in LCD TV shipments, reports DigiTimes. The company is targeting 20M LCD TV shipments in 2014 with Ultra HD TV sales in the China market increasing six-fold. Reference Link
April 11, 2014
06:52 EDTSNESony warns customers of Vaio PCs battery fire risk, Reuters says
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06:12 EDTSNEDreamWorks Animation may look to take a piece of Vevo, Re/code reports
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April 10, 2014
08:00 EDTSNESony PS4 grants Hirai profit potential as risk decreases, Bloomberg says
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April 9, 2014
06:07 EDTROVIRovi sell-off on patent ruling unwarranted, says Brean Capital
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06:01 EDTROVIRovi sell-off on patent ruling a buying opportunity, says Piper Jaffray
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April 8, 2014
16:21 EDTROVIOn The Fly: Closing Wrap
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15:02 EDTROVIRovi issues statement in response to court ruling in Amazon case
The U.S. Court of Appeals issued its decision in Rovi’s (ROVI) patent infringement litigation against Amazon (AMZN). Rovi had sued Amazon for infringing the two patents at issue in the decision. The appeals court sided with Amazon and found that the District Court’s interpretation of the claims of the patents was correct and therefore Amazon did not infringe these patents. "We are disappointed by this decision," said Rovi executive VP Samir Armaly, worldwide intellectual property and licensing. "It should be noted that this decision relates to only two patents in our extensive portfolio. We believe that our portfolio is even more relevant to Amazon today and going-forward than when the present litigation began in early 2011. Since that time, Amazon has continued to expand its video and over-the-top offerings through new products like the recently announced Fire TV. As illustrated by various recent agreements, Rovi’s patent portfolio continues to be recognized by leading companies looking to deliver compelling video experiences across multiple screens. We plan to continue to pursue Amazon going-forward to take the necessary licenses under our patent portfolio, not only to protect our rights but also the rights of our existing licensees in this space."
13:24 EDTROVIRovi weakenss a buying opportunity, says B. Riley
B. Riley said Rovi (ROVI) weakness related to the Amazon patent case is overdone and that the patents in question are old.
11:48 EDTROVIRovi down over 7% after appeals court ruling with Amazon
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11:25 EDTROVIAppeals court upholds ruling that Amazon did not infringe Rovi patents
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11:07 EDTROVICourt rules Amazon.com did not infringe on Rovi patent, Bloomberg says
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April 7, 2014
08:15 EDTSNECisco, Sony collaborate on live delivery of full-frame rate 4K 60P content
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