Wednesday, February 29, 2012

Daily News Digest: Reuters Technology News Headlines - Yahoo! News

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Wednesday, February 29, 2012 8:30 PM PST
Today's Reuters Technology News Headlines - Yahoo! News:
Facebook woos Madison Ave in pre-IPO mobile push
Wed,29 Feb 2012 05:00 PM PST
Reuters -

Facebook Vice President of Product Cox delivers a keynote address at Facebook's NEW YORK/SAN FRANCISCO (Reuters) - Facebook has unveiled new ways for businesses to reach its 845 million users directly across all devices, including mobile, as it races toward a multibillion dollar IPO. With new "Premium on Facebook" ads, marketers can expand their reach on the social network by paying for a video, a coupon or other message to appear on the homepages of Facebook users, on the log-out screen and even within users' newsfeeds. Until now the newsfeed had been free of paid marketing messages. ...


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LightSquared eyes ex-Nextel head for CEO job: source
Wed,29 Feb 2012 02:39 PM PST
Reuters - NEW YORK (Reuters) - LightSquared, the beleaguered telecom startup founded by hedge fund manager Philip Falcone, is considering hiring telecommunications veteran Timothy Donahue as chief executive officer, a person familiar with the matter said on Wednesday. The company said on Tuesday it was searching for a new CEO after Sanjiv Ahuja resigned from the job, but it did not name any candidates. LightSquared referred a request for comment to Lew Phelps, a spokesman for Falcone's hedge fund, Harbinger Capital, which has invested billions of dollars in LightSquared. ... Full Story
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Facebook woos Madison Ave in pre-IPO mobile push
Wed,29 Feb 2012 02:00 PM PST
Reuters -

Facebook Vice President of Product Cox delivers a keynote address at Facebook's NEW YORK/SAN FRANCISCO (Reuters) - Facebook unveiled new ways for businesses to plug their brands, including to mobile users for the first time, allowing them reach its 845 million users directly across all devices as it races toward a multibillion dollar IPO. With new "Premium on Facebook" features, advertisers can even get messages directly onto users' newsfeeds on both computers and mobile devices, giving them a presence on valuable Internet real estate at the risk of alienating users with intrusive ads. ...


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Angry Birds fly to Facebook, Asia and ... Space
Wed,29 Feb 2012 01:03 PM PST
Reuters -

To match Interview MOBILE-GAMING/ANGRYBIRDSBARCELONA (Reuters) - Finnish gaming firm Rovio expects to boost growth for months to come, with expansion in Asia, to Facebook and with the launch of Angry Birds Spaces, its marketing chief told Reuters in an interview. Angry Birds, in which players use a slingshot to attack pigs that try to steal the birds' eggs, has been downloaded more than 700 million times since its 2009 launch and turned small Finnish gaming firm Rovio into an enterprise valued at up to $9 billion. ...


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The battle's on for control of the video dial tone
Wed,29 Feb 2012 12:33 PM PST
Reuters -

A page from the Skype website is seen in SingaporeNEW YORK (Reuters) - Cisco Systems Inc's attempt to convince a European court to impose tougher conditions on Microsoft Corp's acquisition of Skype signals that technology companies are gearing up to battle for control of what some say is the next big thing: videoconferencing. As the networking giant scrambles to safeguard its market leadership and ownership of a technology that is crossing over from business into the consumer world, rival players like Polycom Inc and Citrix Systems Inc are devising their own user-friendly solutions. ...


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Microsoft releases Windows 8 for public testing
Wed,29 Feb 2012 12:11 PM PST
Reuters -

The interior of a Microsoft retail store is seen in San DiegoBARCELONA/SEATTLE (Reuters) - Microsoft Corp released an incomplete version of Windows 8 for the public to download and try out on Wednesday, looking to rev up excitement for the slick, new-look operating system that it hopes will restore its fading tech supremacy. Windows 8, as the first Microsoft operating system compatible with low-power microprocessors designed by ARM Holdings Plc, will run on tablets as well as desktops and laptops, in an effort to counter the runaway success of Apple Inc's iPad. ...


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Facebook Pages to be on smartphones in 2012: executive
Wed,29 Feb 2012 11:06 AM PST
Reuters - SAN FRANCISCO (Reuters) - Facebook marketing executive Mike Hoefflinger said on Wednesday that Facebook Pages will be available on smartphones later in 2012. Hoefflinger also unveiled Facebook Offers to help companies send promotions to customers. He also announced a new "Reach Generator" service to help companies reach more of their Facebook fans. (Reporting By Alistair Barr; Editing by Phil Berlowitz) Full Story
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License scandal rattles India's telecom nirvana
Wed,29 Feb 2012 10:49 AM PST
Reuters -

A man and two passengers ride on a scooter past a shop displaying the Vodafone logo on its shutter in JammuBARCELONA (Reuters) - The scandal convulsing the Indian telecoms market threatens to deter foreign companies from investing there and could call into question the business case for expanding into emerging markets in general. Once seen as a potential gold mine for its rapid growth and huge population, the Indian market has proven especially nerve-wracking for Western telecom operators because of unexpected regulatory changes and ferocious competition. ...


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Wireless gains boost profit at Quebecor's Videotron
Wed,29 Feb 2012 10:36 AM PST
Reuters - (Reuters) - Videotron, the phone, cable-TV and Internet services division of Canadian media company Quebecor Inc, posted solid revenue growth and a jump in quarterly profit on Wednesday, mostly due to mobile-phone growth and one-off financial gains. Profit jumped almost 69 percent to C$161.9 million ($164.4 million)in the fourth quarter on a 7 percent rise in revenue, and Quebecor's shares were up by 12 Canadian cents at C$35.85 early on Wednesday afternoon. Videotron, focused on the French-speaking province of Quebec, added 32,500 wireless subscribers in the fourth quarter, ended December 31. ... Full Story
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Europe to investigate new Google privacy policy
Wed,29 Feb 2012 08:43 AM PST
Reuters -

A video hangouts stand is pictured at the new headquarters of Google France before its official inauguration in Paris(Reuters) - France's data protection watchdog has cast doubt on the legality and fairness of Google's new privacy policy, which it said breached European laws. The CNIL regulator told Google in a letter dated February 27 it would lead a European-wide investigation of the web search giant's latest policy and would send it questions by mid-March. Google said in January it was simplifying its privacy policy, consolidating 60 guidelines into a single one that will apply for all its services, including YouTube, Gmail and its social network Google+. The U.S. ...


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Universal Display slides on Samsung deal concerns
Wed,29 Feb 2012 07:48 AM PST
Reuters -

Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul(Reuters) - Universal Display Corp shares fell 11 percent on Wednesday, after the LED supplier warned payments from a new contract with Samsung Electronics may not come in a steady stream, raising concerns about its over dependence on the Korean company. "Let me caution that individual quarters could still be very lumpy, particularly in light of the timing of payments under our new arrangement with Samsung," Chief Financial Officer Sid Rosenblatt said on a conference call on Tuesday. Universal said a large portion of its $15. ...


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China higher court hears Apple's iPad appeal
Wed,29 Feb 2012 06:52 AM PST
Reuters -

Ma Dongxiao, a lawyer representing Proview Technology (Shenzhen), smiles at reporters as he walks into the Higher People's Court of GuangdongGUANGZHOU, China (Reuters) - Lawyers for Apple Inc. argued for its right to use the iPad trademark in China on Wednesday, as a higher court began a crucial hearing that could result in sales of the wildly popular tablet computer being halted throughout the Chinese mainland. The Higher People's Court of Guangzhou is hearing an appeal by the U.S. firm after a lower court ruled in favor of debt-laden Chinese tech company Proview Technology (Shenzhen), which says it owns the trademark in China. ...


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Wired world to be boon, bane for Generation Y: survey
Wed,29 Feb 2012 05:50 AM PST
Reuters -

LaptopWASHINGTON (Reuters) - There is a good chance young people growing up in today's always-wired world will eventually become bright, nimble decision makers - if they don't wind up intellectual lightweights unable to concentrate long enough to chew over a good book. So say 1,021 technology insiders, critics and students surveyed by the Pew Research Center who were fairly evenly split about how always-on technology will impact the teenagers and twenty-somethings of "Generation Y. ...


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Chinese relish crack in Great Firewall, log on to Facebook
Wed,29 Feb 2012 05:30 AM PST
Reuters -

A Facebook logo is displayed on Kodak photo kiosk during the 2012 International Consumer Electronics Show (CES) in Las VegasSHANGHAI (Reuters) - Some Chinese Internet users have this week been able to access blocked websites such as YouTube, Facebook and Twitter, relishing the newfound freedom although the reason for the breach in China's Great Firewall of censorship was a mystery. China blocks most foreign social networking sites (SNS) out of fear that unfettered access would lead to instability. Chinese SNS firms have filled the void by offering similar products that censor topics the government may find sensitive. ...


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NZ court rejects bid to rejail Megaupload boss, frees cash
Wed,29 Feb 2012 01:40 AM PST
Reuters - WELLINGTON (Reuters) - The founder of the online file-sharing site Megaupload.com has asked a New Zealand court to free nearly a quarter of a million dollars in frozen assets to pay for living expenses, including nannies and bodyguards, as a bid by the United States to put him back behind bars was thrown out of court on Wednesday. ... Full Story
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