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Thursday, June 6, 2013

Technology Report: Apple to begin iPhone trade-ins this month - report

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06/6/2013
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Apple to begin iPhone trade-ins this month - report
SAN FRANCISCO (Reuters) - Apple Inc will start a program this month to allow users to trade their older iPhones for the newest model, Bloomberg cited people familiar with the plan as saying, a first for the company as it prepares to introduce a new version of the smartphone.
Obama administration defends massive phone record collection
WASHINGTON (Reuters) - The Obama administration on Thursday defended its collection of a massive amount of telephone records from at least one carrier as part of U.S. counterterrorism efforts, re-igniting a debate over privacy even as it called the practice critical to protecting Americans from attacks.
Twitter partners with world's largest ad agency
(Reuters) - Twitter and WPP, the world's largest advertising agency, have combined forces to better focus advertising by using consumer data.
Credit Suisse seen poised for leading role in Alibaba IPO
HONG KONG (Reuters) - Credit Suisse is expected to take a leading role in the anticipated IPO of China's Alibaba Group, according to people familiar with the matter, a coveted position that would yield massive fees for the bank as rivals jostle for a role in the offer.
Congressman seeks to legalize online gambling nationwide
LOS ANGELES (Reuters) - A Republican congressman on Thursday introduced legislation to allow online gambling on a federal level, which he says will give consumers more uniformity than legalizing it on a state-by-state basis.
Apple to sell audio ads on 'iRadio' music service: sources
SAN FRANCISCO (Reuters) - Apple Inc is gearing up to sell audio ads on a music-streaming service it intends to unveil at its developers conference next week, according to people familiar with the plan, going up against Google Inc and Pandora Media Inc in the increasingly competitive market for mobile tunes.
Analysis: After tech success, Israel seeks life sciences growth
HERZLIYA, Israel (Reuters) - Inspired by its success in high-tech electronics and software, Israel is hoping to pull off the same trick in life sciences.
Ciena expects strong demand from cloud, mobile computing
(Reuters) - Network equipment maker Ciena Corp said it expects strong growth in cloud computing and higher use of smartphones, and forecast stronger-than-expected revenue for the current quarter.
Hon Hai to split off connector unit in July -sources
TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry Co plans to split off its connector business into a separate entity next month as the unit struggles with dull computer demand, according to two sources familiar with the matter.
Amazon launches "marketplace model" in India
(Reuters) - Amazon.com Inc has launched its "marketplace model" in India, a country that has big potential for online retailing.
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