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Thursday, April 18, 2013

Technology Report: Microsoft CFO exits, profit rises

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04/18/2013
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Microsoft CFO exits, profit rises
SEATTLE (Reuters) - Microsoft Corp said on Thursday Chief Financial Officer Peter Klein was leaving the company, as it struggles with sharply declining personal computer sales and a lukewarm reception for its new Windows 8 operating system.
EU resistant to China telecoms trade case : Sweden
DUBLIN (Reuters) - A growing number of EU countries do not want the European Commission to launch an investigation into Chinese telecoms equipment makers Huawei and ZTE, Sweden said on Thursday.
U.S. judge gives LulzSec hacker year in prison for Sony breach
LOS ANGELES (Reuters) - A hacker who pleaded guilty last year to taking part in an extensive computer breach of Sony Pictures Entertainment was sentenced on Thursday in Los Angeles to a year in prison, followed by home detention, federal prosecutors said.
Nokia sales tumble overshadows Lumia pick-up
HELSINKI (Reuters) - A sharp fall in sales of Nokia's basic phones overshadowed a stronger performance from its Lumia smartphones in the first quarter, rekindling fears over its future and sending its shares tumbling to year lows.
IBM mulling up to 1,400 job cuts in France: unions
PARIS (Reuters) - Technology company IBM is mulling up to 1,400 job cuts in France over the next two years, three trade-union representatives told Reuters on Thursday.
Twitter launches music app to deepen multimedia offering
SAN FRANCISCO (Reuters) - Twitter Inc launched a stand-alone music-streaming app on Wednesday, opening another front in the micromessaging service's ambitious expansion into multimedia content.
Dish makes national security argument for Sprint offer
WASHINGTON (Reuters) - Dish Network Corp is asking regulators to suspend the review of the proposed acquisition of Sprint Nextel Corp to Japan's SoftBank Corp, saying its own counter-bid would be preferable for national security reasons.
Toshiba, SunEdison in deal to build solar plants in Japan : Nikkei
(Reuters) - Toshiba Corp and SunEdison, a unit of U.S.-based MEMC Electronic Materials Inc, have agreed to build solar power plants in Japan, the Nikkei said.
Sharp to supply LCD panels for Samsung notebook - Nikkei
(Reuters) - Sharp Corp will supply energy-saving, high-performance LCD panels for Samsung Electronics Co Ltd's notebook computers as early as summer, the Nikkei reported.
U.S. House passes cybersecurity bill as privacy concerns linger
WASHINGTON (Reuters) - The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber threats, though concerns linger about the amount of protection the bill offers for private information.
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