WEBWIRE: Apple takes on Samsung; TI profits hit by earthquake

Apple is suing Samsung, alleging that the Galaxy smartphones and tablets are too similar in design to the iPhone and iPad, and infringe on multiple Apple patents and trademarks.
 
Texas Instruments posted lower-than-expected first quarter profit of $666 million (€467 million) due to production disruptions from the Japan earthquake, and warned that the biggest impact from the disaster will be felt in the second quarter.
 
Yahoo has raised the ire of privacy proponents over plans to start keeping detailed search records for 18 months, instead of just 90 days currently.
 
Tokyo Electric Power Co (TEPCO) is still deciding whether to offload its stake in mobile operator KDDI as part of a wider asset sale to raise funds for compensation claims arising from a nuclear leak at its Fukushima power plant.
 
Bharti Airtel has partnered with Zoomin.com to provide its Indian broadband customers with an unlimited photo storage service.

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