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Friday, November 9, 2012

Technology Report: Exclusive: Google Ventures beefs up fund size to $300 million a year

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11/9/2012
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Exclusive: Google Ventures beefs up fund size to $300 million a year
SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds.
Google says multiple services blocked in China
SAN FRANCISCO (Reuters) - Google Inc said several of its online services have been blocked in China.
China Electronics says delays cooperation with Sharp due to islands row
BEIJING (Reuters) - China Electronics Corp has delayed a planned cooperation with Japan's Sharp Corp on production of the world's most advanced LCD panels due to a territorial dispute between the two countries, the chairman of the state-owned firm said on Friday.
Telus profit lifted by wireless; dividend raised
(Reuters) - Telus Corp reported a stronger third-quarter profit on Friday, as increased smartphone adoption boosted earnings from its wireless business and spurred the Canadian telecom company to raise its quarterly dividend.
Moody's cuts Sony rating to one notch above junk
TOKYO (Reuters) - Sony Corp's long-term debt rating was lowered one notch by Moody's Investor Service to the lowest investment grade level because of shrinking demand for its consumer electronics.
Intel, HP tout newest Itanium server technology
SAN FRANCISCO (Reuters) - Intel and Hewlett-Packard Co unveiled new server technology based on the high-end niche Itanium processors at the center of a recent dispute between Hewlett-Packard and Oracle Corp.
Philips, LG Electronics, others face EU cartel fines
BRUSSELS (Reuters) - Six top electronics firms including Philips and LG Electronics face hefty European Union fines at the end of the month for fixing prices of TV cathode-ray tubes, four people with knowledge of the matter said.
Twitter mistakenly resets passwords of large number of users
BOSTON (Reuters) - Twitter said that it mistakenly reset the passwords of "a large number" of its more than 140 million active users while conducting routine security screening to identify accounts that may have been compromised.
Icahn says has considered Netflix takeover, no decision made
(Reuters) - Activist investor Carl Icahn said on Thursday he has considered a hostile takeover bid for Netflix but was uncertain he stood a chance of acquiring the Internet streaming service in which he holds a 10 percent stake.
China Unicom expects to start selling iPhone 5 by year-end
BEIJING (Reuters) - China Unicom, the country's second-largest mobile carrier, expects to begin selling Apple Inc's latest iPhones this year and has set an ambitious target of having 100 million 3G users by end-2012 as it tries to attract high-end users to lift profits.
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