Rdio plans to offer free song streaming for computer users in order to better compete with services like Pandora (NYSE:P) and Spotify.
Sony (NYSE:SNE) is in talks to buy out Ericsson (NASDAQ:ERIC) from the companies’ joint smartphone venture, worth an estimated $1.3 billion to $1.7 billion. The two formed the 50-50 partnership in 2011.
Samsung’s upcoming “Nexus Prime” phone is expected to be exclusive to Verizon (NYSE:VZ) in the U.S. The phone, which will run on Android (NASDAQ:GOOG), is expected to be released in time for the holiday season.
Comtech (NASDAQ:CMTL) shares are trading higher after Reuters reported several government contractors had expressed interest in acquiring the communications equipment maker.
Hewlett-Packard (NYSE:HPQ) plans to offer a rival technology to flash memory within the next 18 months, a rival to DRAM within 3 to 4 years, and ultimately a rival to SRAM.
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Oracle (NASDAQ:ORCL) plans to enable customers to access the company’s applications, and those that clients write themselves, via the Internet.