Daily News: Reuters Technology News Headlines - Instagram furor triggers first class action lawsuit

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Monday, Dec 24, 2012 11:45 AM PST
Today's Reuters Technology News Headlines - Yahoo! News: Instagram furor triggers first class action lawsuit Mundie, one of Gates' successors, to retire from Microsoft Apps to help achieve New Year's resolutions Carlyle takes on KKR in race for Reynolds and Reynolds: sources

Instagram furor triggers first class action lawsuit  Monday, Dec 24, 2012 11:45 AM PST SAN FRANCISCO (Reuters) - Facebook's Instagram photo sharing service has been hit with what appears to be the first civil lawsuit to result from changed service terms that prompted howls of protest last week. In a proposed class action lawsuit filed in San Francisco federal court on Friday, a California Instagram user leveled breach of contract and other claims against the company. "We believe this complaint is without merit and we will fight it vigorously," Facebook spokesman Andrew Noyes said in an e-mail. ... Full Story	Top
Mundie, one of Gates' successors, to retire from Microsoft  Monday, Dec 24, 2012 09:18 AM PST NEW YORK (Reuters) - Craig Mundie, one of two Microsoft Corp executives who took over Bill Gates' role at the company, has relinquished control of Microsoft's large research organization and is to retire from the company in 2014. Mundie is taking on a new role as a senior adviser to Chief Executive Steve Ballmer, according to a memo circulated internally earlier this month but only made public on Monday. Eric Rudder, another Microsoft veteran, is taking on responsibility for Microsoft Research, Trustworthy Computing, and the Technology Policy Group, which were all run by Mundie. ... Full Story	Top
Apps to help achieve New Year's resolutions  Monday, Dec 24, 2012 08:16 AM PST (Reuters) - Whether it is improving health or managing finances better, about 87 percent of Americans will make resolutions for 2013 and there are plenty of apps to help them achieve their goals. Nearly half of New Year's resolutions are about setting health-related goals, which is the most popular category, according to a recent survey by online broker TD Ameritrade. Rather than jumping into a rigorous fitness routine, a new app called 5K Runner suggests it might be better to ease into things slowly and focus on building sustainable habits. ... Full Story	Top
Carlyle takes on KKR in race for Reynolds and Reynolds: sources  Monday, Dec 24, 2012 07:04 AM PST NEW YORK (Reuters) - Private equity firms Carlyle Group LP and KKR & Co LP have emerged as the lead contenders to take over Reynolds and Reynolds, a software company hoping to sell itself for $5 billion, three people familiar with the matter said. Dayton, Ohio-based Reynolds, which provides business management software for auto dealers in North America and Europe, had hired technology-focused investment bank Qatalyst Partners to run a sale, people familiar with the matter told Reuters in October. ... Full Story	Top

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