Webwire: EC sees light in Apple antitrust case; HTC 3Q profit slumps

European Competition Commissioner, Joaquin Almunia, aims to end an antitrust battle with Apple over e-book publishing in the next two months, after the US firm offered a solution to the issue.
 
HTC has reported a 79% slump in Q3 profit to TW$3.9 billion (€103 million) – its lowest quarterly profit since 2006 – due to stiff competition from Samsung and other smartphone vendors.
 
Growing use of smartphones, PCs and TVs could be damaging children’s development, a leading psychologist warns.
 
Shares in video streaming firm Netflix yesterday fell 11% - the largest drop for two months – on worries about the strength of the service in the US, the company’s home market.
 
US Wi-Fi equipment vendor Ruckus Wireless plans to conduct an IPO to raise up to $100 million (€77 million). The company had a net profit of $24.4 million in 1H12, on revenue of $93.9 million.
 
US regulator FCC plans to auction 300 MHz of new wireless spectrum by 2015, to address the expected shortage among the nation's mobile operators as wireless data demands swell.
 
An automated DMCA takedown notice generated by Microsoft mistakenly requested that Google remove content from the BBC, CNN, Huffington Post, Tech Crunch and other media companies from its search index - despite the content being legitimate and often having nothing to do with Microsoft.

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