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Thursday, July 18, 2013

Technology Report: Google ad prices decline, shares fall sharply

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07/18/2013
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Google ad prices decline, shares fall sharply
SAN FRANCISCO (Reuters) - Google Inc on Thursday reported a weakening of prices for its online ads in the second quarter and its shares fell more than 5 percent in after-hours trade.
Dell postpones meeting on buyout as more votes needed
NEW YORK/ROUND ROCK, Texas (Reuters) - Dell Inc postponed a shareholder vote on its chief executive's $24.4 billion buyout offer to Wednesday after failing to get enough support to seal the deal, despite winning over several large investors at the eleventh hour.
Apple, Google, dozens of others urge surveillance disclosures
(Reuters) - Dozens of companies, non-profits and trade organizations including Apple Inc, Google Inc and Facebook Inc sent a letter Thursday pushing the Obama administration and Congress for more disclosures on the government's national security-related requests for user data.
Chipmaker AMD's second-quarter revenue beats expectations
SAN FRANCISCO (Reuters) - Advanced Micro Devices reported second-quarter revenue of $1.161 billion and a net loss of $74 million, or a loss of 10 cents a share, as it expands into chips for game consoles and other new markets to offset a shrinking PC industry.
Microsoft profit below estimates after tablet charge
SEATTLE (Reuters) - Microsoft Corp on Thursday reported lower-than-expected quarterly earnings as slow personal computer sales ate into its Windows business and it took an unexpected $900 million charge for its inventory of unsold Surface tablets.
Verizon rules out service fee changes in new phone offer
NEW YORK (Reuters) - Verizon Wireless will let customers upgrade cellphones more frequently if they pay for their devices in installments, but analysts expect few takers unless the leading wireless provider lowers monthly service fees as well.
Nokia's halting turnaround hit by weak handset sales
HELSINKI (Reuters) - Weak quarterly sales of Nokia smartphones raised the heat on CEO Stephen Elop, whose decision to adopt Microsoft's untested Windows Phone software has yet to deliver the recovery in the company's fortunes he was hired to achieve.
Sharp to raise 100 billion yen through share sale: Kyodo
(Reuters) - Japanese display maker Sharp Corp plans to raise about 100 billion yen ($994 million) through a share sale, Kyodo reported, citing sources familiar with the matter.
Verizon quarterly revenue misses estimate, shares drop
(Reuters) - Verizon Communications Inc said strength in its wireless business was tempered by weakness in its traditional wireline unit, producing softer-than-expected revenue growth for the quarter and sending its shares down nearly 2 percent.
Britain to review Huawei cyber center to allay security fears
LONDON (Reuters) - Britain will review the operations of a cyber security center in southern England run by China's Huawei to ensure that the country's telecommunications network is protected, the government said on Thursday.
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