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Friday, November 30, 2012

Technology Report: Zynga shares slide after privileged status with Facebook ends

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11/30/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Zynga shares slide after privileged status with Facebook ends
(Reuters) - Shares of gaming company Zynga Inc fell as much as 10 percent, a day after the "Farmville" creator reached an agreement with Facebook Inc that reduces its dependence on the social networking giant.
EBay's double tax base prompts calls for investigation
LONDON (Reuters) - Britain and Germany may have missed out on a combined $1 billion in sales tax since online marketplace eBay picked a tiny Luxembourg office as its base for EU sales, a shift that lawmakers say should now be investigated.
SAP co-founder sells shares worth 120 million euros
FRANKFURT (Reuters) - SAP's co-founder Hasso Plattner sold shares in the German business software maker worth 120 million euros ($155.74 million), divesting a portion of his overall stake, the company said on Friday.
How a desperate HP suspended disbelief for Autonomy deal
SAN FRANCISCO/NEW YORK/LONDON (Reuters) - For Leo Apotheker, the former Hewlett-Packard CEO, a July 2011 meeting with Autonomy founder Mike Lynch at a chic seaside resort in France was pivotal to his effort to remake a storied technology giant.
Twitter in legal spat over data clampdown
SAN FRANCISCO (Reuters) - Twitter Inc's steadily tightening grip over the 140-character messages on its network has set off a spirited debate in Silicon Valley over whether a social media company should or should not lay claim over its user-generated content.
House votes to expand visas for high-tech workers
WASHINGTON (Reuters) - A bill to create a permanent visa program for foreigners with advanced science and technical degrees cleared the House of Representatives on Friday, the latest salvo in the broader fight over U.S. immigration reform.
EU set to fight Internet tax and "spying" at global summit
BRUSSELS (Reuters) - European Union member states are preparing to fight as a bloc alongside the United States to prevent a move by Russia and countries in Africa to impose a levy on internet traffic and make it easier to track users' activities.
Infosys to shift U.S. listing to NYSE Euronext
BANGALORE (Reuters) - IT services firm Infosys Ltd, the first Indian company to list on Nasdaq, will shift its American Depositary Shares to the NYSE Euronext in a move it said is intended to increase access to the stock for European investors.
Samsung says to fix outsourcing issues, but keep most production inhouse
SEOUL (Reuters) - Samsung Electronics Co plans to keep the bulk of its manufacturing inhouse but reiterated a pledge to improve working conditions at its suppliers after admitting excessive overtime and fines for employees in China, a senior executive said on Friday.
Electronic braking system in vehicles saves thousands: U.S. study
(Reuters) - Computer-controlled braking systems in cars and light trucks are saving thousands of lives in the United States, according to a three-year study released on Friday by federal safety regulators.
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