Friday, Nov 02, 2012 04:43 PM PDT | |
Today's Reuters Technology News Headlines - Yahoo! News:
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Facebook's Sandberg sells $7.4 million in stock Friday, Nov 02, 2012 04:43 PM PDT SAN FRANCISCO (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and two other executives at the social networking company sold millions of dollars worth of stock this week as restrictions on insider trading expired. Sandberg netted about $7.44 million by selling roughly 353,000 Facebook shares on Wednesday, according to a filing with the SEC on Friday. Sandberg still owns roughly 20 million vested shares of Facebook stock, including shares held in her trusts, according to the filing. ... Full Story | Top |
Apple iPad mini draws New Yorkers; crowds thin elsewhere Friday, Nov 02, 2012 03:18 PM PDT NEW YORK/SAN FRANCISCO (Reuters) - Apple Inc's iPad mini hit stores around the world on Friday, attracting sparser crowds than previous Apple launches, but the kickoff still drew hundreds of New Yorkers only days after one of the biggest storms to hit the United States. A proliferation of rival gadgets aimed at the holidays and cheaper tablets from Google Inc and Amazon.com Inc may have sapped interest in Apple's latest bet, resulting in shorter lines outside stores from Tokyo and Amsterdam to Sydney and Hong Kong. The 7. ... Full Story | Top |
Twitter CEO lobbied against exiling Dorsey in 2008: investor Friday, Nov 02, 2012 03:15 PM PDT SAN FRANCISCO (Reuters) - Twitter CEO Dick Costolo lobbied against exiling Executive Chairman Jack Dorsey in a 2008 power struggle, according to an early investor who shed new light on the management turmoil that for years roiled one of Silicon Valley's drama-ridden companies. Chris Sacca, a former Google executive turned investor, said Costolo - another Twitter investor in 2008 - urged the board to keep hold of Dorsey, who is widely credited with inventing the 140-character messaging service. ... Full Story | Top |
Google's Android software in 3 out of 4 smartphones Friday, Nov 02, 2012 01:06 PM PDT SAN FRANCISCO (Reuters) - Three out of every four smartphones sold in the third quarter featured Google Inc's Android mobile operating system, as the gap between Google and Apple Inc-based phones widened further, according to a new research report. Shipments of Android-based smartphones made by Samsung, HTC and other vendors nearly doubled in the third quarter, reaching 136 million units, according to industry research firm IDC. The strong sales boosted Android's share of the worldwide smartphone market to 75 percent, from 57.5 percent in the year-ago period. ... Full Story | Top |
Over 20 million tweets sent as Sandy struck Friday, Nov 02, 2012 11:32 AM PDT SAN FRANCISCO (Reuters) - Twitter users flocked to the micro-messaging network this week as Hurricane Sandy swept through the eastern U.S. seaboard, sending more than 20 million tweets about the storm between Saturday and Thursday, the company said. This far exceeds the 13.7 million tweets sent during the Super Bowl in February, typically the largest media event of the year. Founded in 2006, Twitter has sought to position itself as a "second screen" media product that users can pull up on their smartphones while watching events like the Super Bowl or the Olympics on television. ... Full Story | Top |
Microsoft vs Google trial raises concerns over secrecy Friday, Nov 02, 2012 11:18 AM PDT SAN FRANCISCO (Reuters) - Two weeks before a high-stakes trial pitting Google's Motorola Mobility unit against Microsoft, Google made what has become a common request for a technology company fighting for billions of dollars: A public court proceeding, conducted largely in secret. Google and Microsoft, like rivals embroiled in smartphone patent wars, are eager to keep sensitive business information under wraps - in this case, the royalty deals they cut with other companies on patented technology. Microsoft asked for similar protections in a court filing late on Thursday. ... Full Story | Top |
Sharp's stock falls, credit downgraded as worries mount Friday, Nov 02, 2012 04:29 AM PDT TOKYO/HONG KONG (Reuters) - Shares of Japan's Sharp Corp fell and Fitch Ratings downgraded its debt to junk status on Friday, a day after it warned of a $5.6 billion net loss for the year and said it might not be able to survive on its own. Sharp's stock fell 2.4 percent to 165 yen and has lost three-quarters of its value since the start of the year, the worst performer among 2,200 Asian large and midcap stocks, Thomson Reuters data shows. ... Full Story | Top |
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