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Tuesday, April 2, 2013

Technology Report: SEC says companies can announce key information on social media

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04/2/2013
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SEC says companies can announce key information on social media
WASHINGTON (Reuters) - The Securities and Exchange Commission said on Tuesday that companies can use Twitter, Facebook and other social media to announce key information as long as they alert investors about which sites they plan to use for such disclosures.
Six European states take aim at Google privacy policy
PARIS/BRUSSELS (Reuters) - European regulators moved a step closer to penalizing Google for the way it handles user data after the search engine refused to change its privacy policy.
HP shares sink after Goldman Sachs downgrade to ''sell''
SAN FRANCISCO (Reuters) - Hewlett Packard Co shares fell 6 percent on Tuesday after Goldman Sachs downgraded them to "sell," warning that investors may be overestimating the company's chances of a successful turnaround while it grapples with its declining PC and printing business.
Sorry Apple gets respect in China after tabloid trial
SHANGHAI (Reuters) - With its rare apology, Apple Inc went from pariah to praiseworthy in the eyes of China's state-controlled media, a lesson for other foreign firms not to underestimate the speed and power of the government press.
Apple apologizes to Chinese consumers, revamps service
BEIJING/SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook apologized to Chinese consumers on Monday and altered iPhone warranty policies in its No. 2 market after more than two weeks of condemnation in the state-run media of its after-sales service.
Nasdaq to buy eSpeed platform for $750 million
(Reuters) - Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeed from BGC Partners Inc for $750 million in cash, providing the exchange operator an entry into one of the world's largest and most liquid cash markets.
Microsoft co-founder to open investment office in Silicon Valley
SEATTLE (Reuters) - Paul Allen, the billionaire co-founder of Microsoft Corp, is opening an office in Silicon Valley to make new investments in emerging technology and internet companies.
MetroPCS promotes T-Mobile deal after advisers pan it
(Reuters) - MetroPCS Communications Inc urged shareholders to support its proposed merger with Deutsche Telekom AG's unit T-Mobile USA after two proxy advisory firms recommended that shareholders vote against it.
Appeals court denies broadcaster request to shut Aereo
(Reuters) - An appeals court on Monday declined to temporarily shut down Aereo Inc, an online television venture backed by billionaire Barry Diller that broadcasters say is infringing their copyrights.
Capitol wins digital records lawsuit vs ReDigi start-up
(Reuters) - In a major lawsuit testing the legitimacy of music downloads, Capitol Records LLC has won a court ruling that the start-up ReDigi Inc has infringed its music copyrights.
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