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Friday, June 1, 2012

Technology Report: Portfolio managers would buy Facebook stock, at lower price

Reuters » Technology Report
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06/1/2012
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Portfolio managers would buy Facebook stock, at lower price
NEW YORK (Reuters) - Facebook Inc's 26 percent slide from its initial offering price may have investors who got in on the ground floor feeling resentful, but some fund managers are eager to see shares dip even further.
Exclusive: Dell talks with Quest break down: source
(Reuters) - Negotiations for Dell Inc to acquire Quest Software Inc have broken off but lower-level representatives from both companies remain in touch, a source familiar with the matter said.
Nokia hits back at Google in latest patent war tussle
HELSINKI (Reuters) - Nokia struck back at Google on Friday over its accusation that the cellphone maker was colluding with Microsoft to make money out of their patents.
Groupon shares drop as IPO lock-up ends
SAN FRANCISCO (Reuters) - Groupon Inc slumped on Friday as an initial public offering lock-up on stock sales by insiders of the world's largest daily deal company ended.
Microsoft to defer revenue from Windows upgrade offer
(Reuters) - Microsoft Corp said it will defer the $450 million to $550 million of revenue it expects to generate this quarter from an offer to upgrade to its new Windows 8 operating system.
Analysis: In solar: go big, boutique or bust
FRANKFURT (Reuters) - Solar companies could be well advised to look to chip makers to figure out how to survive a sector shake-out, as the consolidation of the semiconductor industry suggests it is all about either being big and basic or small and selective.
Cisco sues TiVo over DVRs
(Reuters) - Cisco Systems Inc has filed a lawsuit to void four TiVo Inc patents related to digital video recorders, escalating a battle over who has the right to profit from sales of the popular machines.
Nasdaq plays tough with clients angry over Facebook
NEW YORK (Reuters) - It's crisis communications 101 for Corporate America: when a company bungles an event as big as the Facebook IPO, alienates customers, and spawns lawsuits and regulatory inquiries, the CEO apologizes and agrees to provide compensation to make things right. Everyone can then move on.
Chic geeks give San Francisco a new tech groove
SAN FRANCISCO (Reuters) - The YouTube video, featuring a young blonde sitting in a strikingly modern San Francisco home, offers a telling insight into the attitudes that are shifting the geography of the Bay Area technology scene.
Analysis: RIM's new woes seen speeding loss of BlackBerry users
(Reuters) - Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.
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