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Thursday, May 10, 2012

Technology Report: Microsoft redesigns Bing, plays up Facebook link

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05/10/2012
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Microsoft redesigns Bing, plays up Facebook link
SEATTLE (Reuters) - Microsoft Corp unveiled a new design on Thursday for its second-ranked Bing search engine, introducing elements from Facebook and other social networks, as it tries to claw market share from leader Google Inc.
Facebook listing could trigger IPO surge: Nasdaq
NEW YORK (Reuters) - Nasdaq OMX Group Inc is looking forward to a spike in the number of companies going public in the near term as they look to take advantage of the market buzz created by Facebook's listing next week, an executive at Nasdaq said on Thursday.
Audience shares rise in debut on Apple link
(Reuters) - Shares of Audience Inc, which makes chips used in Apple Inc's iPhone, rose in debut, underlining investors' appetite for technology stocks in a weak IPO market.
Intel CEO plays down concerns about tech spending
SANTA CLARA, California (Reuters) - Intel Corp Chief Executive Paul Otellini said he is not seeing unexpected weakness in enterprise technology spending that Cisco CEO John Chambers cited when he forecast quarterly earnings below estimates.
Sony sees return to profit, aims to halve TV losses
TOKYO (Reuters) - Sony Corp predicted a return to profit this year as it looks to halve the losses in its TV business that pushed the Japanese consumer electronics giant to a record loss of $5.74 billion in the year just ended.
Cloud startup Box edges toward 2013 IPO
SAN FRANCISCO (Reuters) - Box, one of the top prospects in Silicon Valley's pipeline following Facebook's imminent IPO, has added three leadership positions as the company enters a critical expansion phase ahead of a public offering targeted for mid- to late-2013.
Apple, supplier Foxconn to share costs on improving factories
SHANGHAI (Reuters) - Apple Inc and its key supplier Foxconn Technology Group will share the initial costs of improving labor conditions at the Chinese factories that assemble iPhones and iPads, Foxconn's top executive said on Thursday.
Nokia loses UK court appeal, sees no sales impact
HELSINKI (Reuters) - A British court dismissed Nokia's appeal against a June 2011 High Court ruling which found the Finnish mobile phone maker was infringing a patent of Germany's IPCom.
Deutsche Telekom U.S. customer exodus slows
FRANKFURT (Reuters) - Deutsche Telekom reported better-than-expected quarterly core earnings on Thursday as it lost fewer customers in the United States and signaled a stabilization in its European business.
EMC buys flash storage products maker
(Reuters) - EMC Corp bought privately held flash-memory storage products maker XtremIO in a cash deal, which will complement EMC's flash-based systems and software products.
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