Today's Reuters Technology News Headlines - Yahoo! News:
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Facebook's IPO show to hit the road on May 7: source
Tue,1 May 2012 07:24 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook's closely watched journey to public markets, will be involved in the roadshow, another source said. Facebook declined to comment. ...
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RIM BlackBerry 10 prototype fails to wow investors
Tue,1 May 2012 05:36 PM PDT
Reuters -  ORLANDO, Florida (Reuters) - Research In Motion Ltd gave developers a glimpse at its next-generation BlackBerry 10 smartphone on Tuesday and a set of software tools to create flashy apps to run on its new operating system, but investors were unimpressed and RIM's shares tumbled. At RIM's annual BlackBerry World conference in Orlando, new CEO Thorsten Heins took center stage to unveil a prototype of the devices RIM expects to launch later this year. The BlackBerry 10 devices will navigate with fewer keystrokes than the legacy smartphones, relying on swipe gestures and word suggestions. ...
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Facebook IPO roadshow scheduled for May 7: source
Tue,1 May 2012 04:50 PM PDT
Reuters - SAN FRANCISCO (Reuters) - The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook's journey to public markets, will be involved in the roadshow, another source said. IPO roadshows, in which company management present their strategy to prospective investors, typically last two weeks. ...
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Facebook calls on members to flag organ donor status
Tue,1 May 2012 04:44 PM PDT
Reuters -  CHICAGO (Reuters) - Tired of the long wait for a new kidney, Michael Shelling, a 50-year-old video game marketing consultant based in San Diego, decided to take a more active role in the search. About three months ago, he decided to tap into his social network by setting up a Facebook page to get the word out to his friends, and their friends, that he needs a new kidney and, by the way, his blood type is O. The search may have paid off. A potential donor is going through testing to see if they are a match. It is the kind of scenario Facebook hopes to foster. ...
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RIM BlackBerry 10 prototype fails to wow investors
Tue,1 May 2012 03:01 PM PDT
Reuters - ORLANDO, Florida (Reuters) - Research In Motion Ltd gave developers a glimpse at its next-generation BlackBerry 10 smartphone on Tuesday and a set of software tools to create flashy apps to run on its new operating system, but investors were unimpressed and RIM's shares tumbled. At RIM's annual BlackBerry World conference in Orlando, new CEO Thorsten Heins took center stage to unveil a prototype of the devices RIM expects to launch later this year. The BlackBerry 10 devices will navigate with fewer keystrokes than the legacy smartphones, relying on swipe gestures and word suggestions. ... Full Story | Top |
Online simulator lets average Joe slay U.S. debt dragon
Tue,1 May 2012 03:00 PM PDT
Reuters - WASHINGTON (Reuters) - Ditch the Pentagon's F-35 Joint Strike Fighter and cut school breakfasts for poor kids, or raise taxes on the rich. On second thought, scratch those and raise the retirement age. It is your choice in an online debt-reduction simulator that a quarter million Americans already have played. Known as "Stabilize the U.S. Debt," the game created by a bipartisan group of experts, the Committee for a Responsible Federal Budget, will never be as much fun as "Mortal Kombat Komplete," but serious gamers likely would find it just as difficult to master. ... Full Story | Top |
Dell sees brisk sales of new ultrabooks
Tue,1 May 2012 11:40 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - Dell Inc's new ultra-thin laptop computer meant to rival Apple Inc's popular MacBook Air is doing much better than the company expected. Sales of the XPS 13 ultrabook, which hit store shelves on February 28, are now more than double the company's internal forecast, driven by strong demand from both consumers and big corporations, Dell said. "With this product, we went aggressive with the forecast," Dell product marketing director Alison Gardner said. "Since we started shipping it to customers, XPS 13 has exceeded our expectations. ...
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RIM offers BlackBerry 10 tools to lure developers
Tue,1 May 2012 11:37 AM PDT
Reuters -  ORLANDO, Florida (Reuters) - Research In Motion Ltd is using this year's BlackBerry World to highlight the crucial role that apps developers will play in determining whether its next-generation smartphones have any chance of reversing the company's precipitous decline. At its annual showcase on Tuesday, RIM came a step closer to perhaps the most crucial launch in its history by formally offering developers software tools to create applications for the new BlackBerry 10 platform, due out later this year. It also handed out thousands of prototype devices to developers to test their apps. ...
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RIM offers BlackBerry 10 tools to lure developers
Tue,1 May 2012 11:10 AM PDT
Reuters -  ORLANDO, Florida (Reuters) - Research In Motion Ltd is using this year's BlackBerry World to highlight the crucial role that apps developers will play in determining whether its next-generation smartphones have any chance of reversing the company's precipitous decline. At its annual showcase on Tuesday, RIM came a step closer to perhaps the most crucial launch in its history by formally offering developers software tools to create applications for the new BlackBerry 10 platform, due out later this year. It also handed out thousands of prototype devices to developers to test their apps. ...
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INSIGHT:As chip plants get pricey, U.S. risks losing edge
Tue,1 May 2012 07:37 AM PDT
Reuters -  CHANDLER, Arizona (Reuters) - It goes by the anodyne moniker Fab 42, but the new Intel Corp factory being built in the Arizona desert is hardly a run-of-the-mill production facility. At $5 billion, it will be the most advanced chip factory ever constructed, producing microchips with transistors so tiny that over 100 million of them could fit on the head of a pin. And it represents a giant bet by the world's largest semiconductor company that the United States can still be a good place to build things. ...
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Check Point aims for top spot in consumer security
Tue,1 May 2012 06:41 AM PDT
Reuters - (Reuters) - Check Point Software Technologies Ltd is launching a free version of its anti-virus and firewall product, hoping to boost its presence in the consumer security market and taking on market leaders Norton and McAfee. "The race is on to get to the leadership. That is our goal, to be as big as Norton, Mcafee," Bari Abdul, head of Check Point's consumer business, said in an interview. Symantec Corp owns the popular Norton anti-virus software and chipmaker Intel Corp last year bought security software maker McAfee. ... Full Story | Top |
China's SMIC buying Hiroshima DRAM plant an option for Elpida: Nikkei
Mon,30 Apr 2012 10:46 PM PDT
Reuters -  TOKYO (Reuters) - China's Hony Capital plans to sell or outsource the operations at Elpida Memory's Hiroshima DRAM plant to Semiconductor Manufacturing International Corp (SMIC) if its bid for the bankrupt Japanese chipmaker is successful, the Nikkei business daily said on Tuesday. The scenario involving Hony, which is bidding along with fellow private equity firm TPG Capital, and China's top chipmaker, was drawn up by the Chinese government, the Nikkei said citing a banking source, and is one of a few being mentioned surrounding the takeover of Elpida. Chipmakers such as U.S. ...
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Microsoft buys Nook stake, Barnes & Noble shares soar
Mon,30 Apr 2012 05:49 PM PDT
Reuters -  NEW YORK/SEATTLE (Reuters) - Microsoft Corp is jumping into the fast-growing e-books market by investing $605 million over five years in Barnes & Noble Inc's Nook e-reader and college business, as it looks to unlock Amazon.com and Apple Inc's grip on the exploding tablet computer market. The move comes just six months before the world's largest software maker is due to launch its new touch-enabled Windows 8 operating system, and the inclusion of a Nook app on Windows tablets should allow them to compete with Apple's iPad and Amazon's Kindle Fire. ...
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Google switches executive's payout from stock to cash
Mon,30 Apr 2012 03:54 PM PDT
Reuters - SAN FRANCISCO (Reuters) - Google Inc canceled thousands of stock options and stock units awarded to its chief business officer earlier this month and said it would instead pay him $8 million in cash. Nikesh Arora, who oversees Google's revenue operations as well as marketing and partnerships, will receive the payment on May 11, according to a filing Google provided to the U.S. Securities and Exchange Commission on Monday. The change means Arora will not have to wait for the payout until 2015, when the stock units and options vested. Arora will also get a $3. ... Full Story | Top |
Shareholder sues Google to block stock split
Mon,30 Apr 2012 03:54 PM PDT
Reuters -  WILMINGTON, Delaware (Reuters) - Google Inc and its board were sued on Monday by a shareholder who wants to block the company's stock split plan because it entrenches the Web search company's co-founders Larry Page and Sergey Brin, according to court documents. Google announced the surprise stock split plan earlier this month, in which shareholders would get one new share of non-voting "Class C" stock for each existing "Class A" share. As a result, Google will be able to issue new shares for acquisitions and employee compensation without diluting the 56. ...
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