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Monday, April 23, 2012

Technology Report: Facebook reveals revenue, profit slide ahead of IPO

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04/23/2012
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Facebook reveals revenue, profit slide ahead of IPO
SAN FRANCISCO (Reuters) - Facebook Inc said its revenue declined sequentially in the first quarter, the weakest performance by the world's largest social media network since at least 2010.
Facebook pays Microsoft $550 million for AOL patents
SAN FRANCISCO/WASHINGTON (Reuters) - Facebook will pay Microsoft Corp $550 million for hundreds of patents that originated with AOL, beefing up its intellectual property arsenal.
NimbleTV takes a shot at 'TV Everywhere'
NEW YORK (TheWrap.com) - NimbleTV is trying to make good on the promise of "TV Everywhere" that has eluded cable providers and customers alike.
Obama seeks to stop Syria, Iran tech assault on activists
WASHINGTON (Reuters) - U.S. President Barack Obama unveiled sanctions on Monday against those who help Syria and Iran track dissidents through cell phones and computers and said he would keep adding pressure on both governments to prevent mass atrocities.
"Granny Nav" to guide elderly drivers on the road
LONDON (Reuters) - Older drivers may now be able to stay on the road for longer thanks to new technology being developed by scientists that uses pictures of mail boxes or pubs as visual turning cues.
Boss of UK's Sky News reprimanded over email hacking
LONDON (Reuters) - The judge presiding over an inquiry into British press standards on Monday rebuked the head of Sky News, the influential news channel of Rupert Murdoch-controlled BSkyB, for breaking the law by hacking into emails to generate a story.
Insight: Outsider Ren pits Huawei against the world
(Reuters) - In the 1990s, Huawei CEO Ren Zhengfei visited the United States several times, hoping to learn from its leaders of industry about how to turn his Chinese telecoms equipment maker into a global company. On one trip in 1992, in the days before China had credit cards, he paid all his bills with cash from a $30,000 stash in his briefcase.
China Internet firms face venture capital funding squeeze
SHANGHAI/HONG KONG (Reuters) - China's hot Internet sector is facing a problem it is unaccustomed to: a lack of money.
China's ZTE to sell 100 million smartphones a year by 2015
HONG KONG (Reuters) - China's ZTE Corp, which launched its first basic mobile phone in Africa little more than 10 years ago, said it could be shipping 100 million smartphones a year by 2015, as it looks up-market to reverse a decline in its handset margins.
China's Alibaba.com Q1 profit slumps 25 percent
(Reuters) - Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
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