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Monday, December 17, 2012

Technology Report: U.S. could wrap up Google probe this week: sources

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12/17/2012
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
U.S. could wrap up Google probe this week: sources
WASHINGTON (Reuters) - U.S. regulators this week could drop their investigation of how Google ranks certain searches, without requiring any major changes in how the online giant does business, according to two people knowledgeable about the investigation.
Clearwire investors unlikely to get higher Sprint bid
(Reuters) - Sprint Nextel Corp's $2.2 billion offer for Clearwire Corp is likely to face resistance from Clearwire's minority shareholders, but accepting the offer may prove to be their best option.
Intel wins patent appeal against N-Data
WASHINGTON (Reuters) - Intel Corp. won an appeal in a patent fight with Negotiated Data Solutions LLC (N-Data) over Ethernet patents that make it possible for computers to easily talk to one another.
Apple's iPhone 5 starts strong in China but shares pressured
(Reuters) - Apple Inc sold more than 2 million iPhone 5s in China in just three days after its launch there on Friday, its best ever smartphone launch in the country, but Apple shares fell on Monday after Citi downgraded the stock.
Google, Facebook drive mobile ad market growth: report
SAN FRANCISCO (Reuters) - Google Inc's mobile ad revenue in the United States will be roughly $4 billion next year, while Facebook Inc's nascent mobile advertising business will more than double, according to a new study by research firm eMarketer.
Web TV service Hulu books $695 million in annual revenue
(Reuters) - Hulu, the privately held Internet streaming TV service, will generate about $695 million in revenue in 2012 and finish the year with more than 3 million paying subscribers, the company's CEO said on Monday.
Judge orders Ancestry.com to disclose more details on Permira deal
WILMINGTON, Del (Reuters) - A Delaware judge on Monday blocked Ancestry.com Inc's shareholder vote on the sale of the family-research website for $1.6 billion to private equity firm Permira Investment Advisors pending added details on the sale process.
Massachusetts fines Morgan Stanley over Facebook research
BOSTON (Reuters) - Morgan Stanley, the lead underwriter for Facebook Inc's initial public offering, will pay a $5 million fine to Massachusetts to settle charges that its bankers improperly influenced its research analysts when the Internet company went public.
EU could make firms disclose network security breaches
BRUSSELS (Reuters) - The European Union may force companies operating critical infrastructure in areas such as banking, energy and stock exchanges to report major online attacks and reveal security breaches, a draft EU report seen by Reuters on Monday said.
Nordstrom family scion keeps up with Amazon online
SAN FRANCISCO (Reuters) - The future of retail came to Jamie Nordstrom not in a dream, but though his email inbox from Amazon.com Inc, the online retailer that Nordstrom now targets as his biggest rival.
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