Today's Reuters Technology News Headlines - Yahoo! News:
|
|
Facebook's Zuckerberg kicks off investor show in NY
Mon,7 May 2012 03:44 PM PDT
Reuters -  NEW YORK (Reuters) - Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network's slowing revenue growth and its $1 billion purchase of Instagram as he kicked off a cross-country roadshow to promote the company's $10 billion initial public offering. Wearing his trademark "hoodie" sweatshirt, jeans and sneakers, the 27-year-old chief executive said he would do the Instagram deal again if he had to, according to attendees at the event. Hundreds of investors showed up for the presentation at New York's Sheraton Hotel, which was closed to the media, on Monday. ...
Full Story | Top |
Google infringed Oracle Java copyrights: jury
Mon,7 May 2012 03:34 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Google Inc infringed some of Oracle Corp's copyrights on the Java programming language, a U.S. jury found on Monday after days of deliberation. Oracle may have suffered a setback, however, because the jury could not reach a decision on whether Google's actions constituted fair use and were legally allowed. The fair use question is crucial to determining damages. If Google's use of the Java programming tools is determined to be fair, the company would not be liable for damages in connection with some of Oracle's copyrights. ...
Full Story | Top |
Security startup CrowdStrike adds board members
Mon,7 May 2012 03:00 PM PDT
Reuters - (Reuters) - Cyber security start-up CrowdStrike is expanding its board of directors with the addition of former executives from JP Morgan Chase & Co and software maker McAfee. CrowdStrike named former McAfee Chief Strategy Officer Gerhard Watzinger as its nonexecutive chairman. During his stint in that post he helped sell the company to Intel Corp for $7.7 billion. The firm also named former JP Morgan Chief Information Officer Denis O'Leary to its board. ... Full Story | Top |
Zynga sues French game developer over Ville title
Mon,7 May 2012 02:24 PM PDT
Reuters -  SAN FRANCISCO (Reuters) - Zynga Inc, the publisher of popular games on Facebook like "FarmVille" and "CityVille," accused French game publisher Kobojo of trademark infringement, according to court documents. Zynga's complaint, filed in federal court in San Francisco on Friday, is centered around PyramidVille, a game title released by Kobojo on Facebook in early 2011. "Facebook users are likely to believe, erroneously, that PYRAMIDVILLE is a member of Zynga's 'VILLE Family of Games," Zynga said in its complaint. ...
Full Story | Top |
EA loses Star Wars users, shares tumble
Mon,7 May 2012 02:15 PM PDT
Reuters -  (Reuters) - Electronic Arts lost 400,000 subscribers of "Star Wars: The Old Republic" in the fourth quarter, dealing a blow to its efforts to rely on the new game for growth and sending the game maker's shares down about 9 percent. EA has poured more money and firepower into "Star Wars: The Old Republic" than it has any game in its 30-year history. Wall Street is closely watching to see if the game can succeed, since it could bring EA riches for years to come. If it struggles, EA's earnings will be hurt in future quarters. ...
Full Story | Top |
Third Point demands Yahoo CEO hiring documents
Mon,7 May 2012 01:23 PM PDT
Reuters -  (Reuters) - Activist hedge fund Third Point, which has called for the ouster of Yahoo Inc Chief Executive Scott Thompson for padding his resume, formally demanded in a letter that the Internet company provide access to all documents relating to Thompson's hiring. Third Point CEO Daniel Loeb, who has been waging a public battle to place his firm's nominees on Yahoo's board, issued an ultimatum to Yahoo on Friday demanding it sack Thompson by midday Monday. ...
Full Story | Top |
Micron wins exclusive right to bid for Elpida: source
Mon,7 May 2012 12:29 PM PDT
Reuters -  TOKYO (Reuters) - Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker, according to a source with direct knowledge of the deal that would more than double the U.S. company's global market share. By acquiring Elpida, Micron would boost its market share to 25 percent, surpassing South Korea's SK Hynix and becoming the second-biggest maker of DRAM memory chips used in personal computers, according to U.S. technology research firm IHS iSuppli. Samsung Electronics is the largest. ...
Full Story | Top |
Toshiba hitches ride on Apple cart to drive rebound
Mon,7 May 2012 11:13 AM PDT
Reuters -  TOKYO (Reuters) - Unlike many beleaguered constituents of Japan Inc, Toshiba Corp, has reason to feel cheerful about ballooning sales at Apple Inc - millions of the iPhones it sells are loaded with NAND flash memory made by Japan's last big chip maker. At times as much as two-thirds of memory chips churned out by Toshiba's plants in Japan will end up in iPhones, analysts estimate. That demand is underpinning income at Toshiba and will likely mean the world's No. 2 maker of NAND flash chips behind Samsung Electronics will forecast a rebound in operating profit for the business year just ...
Full Story | Top |
App designed to help parents find missing children
Mon,7 May 2012 07:40 AM PDT
Reuters - TORONTO (Reuters) - It's a parent's worst nightmare. Their child doesn't come home one evening and is missing for several days. When a 14-year-old boy from Atlanta, Georgia disappeared earlier this year, his mother turned to her smartphone for clues using an app called Family Tracker that helped track his location. It is one of several apps that allow parents to track the whereabouts of their children. ... Full Story | Top |
Chirpy Angry Birds maker eyes IPO golden egg
Mon,7 May 2012 05:21 AM PDT
Reuters -  HELSINKI (Reuters) - Angry Birds maker Rovio Entertainment said sales jumped tenfold to $100 million last year as gamers flocked to download its titles, adding business was now strong enough for a stock market listing. The Finnish startup making Angry Birds games -- in which players use a slingshot to attack pigs who steal the birds' eggs -- has been valued by analysts at up to $9 billion, just short of that of struggling world No.2 phonemaker Nokia. ...
Full Story | Top |
Taiwan's HTC April sales fall on year, tick up from March
Mon,7 May 2012 01:45 AM PDT
Reuters -  TAIPEI (Reuters) - Taiwan smartphone maker HTC Corp said on Monday that consolidated sales for April were T$31.03 billion ($1.06 billion), down 20 percent from the same month a year earlier. The monthly sales compared with T$38.73 billion a year ago. They picked up slightly from March's T$30.879 billion, the second successive month of improvement. It did not give further details. ($1 = 29.2685 Taiwan dollars) (Reporting by Clare Jim; Editing by Jonathan Standing)
Full Story | Top |
Gree, DeNA shares dive on report of possible regulatory action
Mon,7 May 2012 12:47 AM PDT
Reuters - TOKYO (Reuters) - Shares of social gaming companies Gree Inc and DeNA Co Ltd fell more than 20 percent on Monday after a media report that Japan's Consumer Affairs Agency may clamp down on online games that contain aspects of gambling. The Yomiuri newspaper said on Saturday that the mobile gaming industry is likely to face scrutiny from the government bureau over practices in which users pay extra for a chance to win special items. ... Full Story | Top |
Analysis: Infosys woes prompt calls for change at top
Sun,6 May 2012 11:50 PM PDT
Reuters -  BANGALORE/MUMBAI (Reuters) - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer. Critics say Infosys also must shed its aversion to acquisitions, change its premium pricing strategy and make better headway in higher-end businesses like consulting to compete with global rivals IBM and Accenture. "It's one thing to get to the top and it's another to stay there. ...
Full Story | Top |
Infosys woes prompt calls for change at top
Sun,6 May 2012 11:49 PM PDT
Reuters -  BANGALORE/MUMBAI (Reuters) - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer. Critics say Infosys also must shed its aversion to acquisitions, change its premium pricing strategy and make better headway in higher-end businesses like consulting to compete with global rivals IBM and Accenture. "It's one thing to get to the top and it's another to stay there. ...
Full Story | Top |
Payday loan firm Wonga to lend to small businesses
Sun,6 May 2012 11:03 PM PDT
Reuters - LONDON (Reuters) - British online payday loans provider Wonga.com launched a credit service for small businesses on Monday, aiming to fill a gap in the market left by banks who have been hamstrung by tight lending conditions imposed since the credit crunch. Wonga, which has made 4 million short-term loans to consumers since its launch in 2007, will offer small businesses loans of 3,000 to 10,000 pounds ($4,800 to $16,200) for periods of between one and 52 weeks. Interest rates will be fixed at between 0.3 and 2 percent per week, depending on how risky the loan is judged to be. ... Full Story | Top |
| |
|
No comments:
Post a Comment