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Friday, July 12, 2013

Technology Report: Preview: Nokia's buyout chances in focus ahead of results

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07/12/2013
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Preview: Nokia's buyout chances in focus ahead of results
HELSINKI (Reuters) - Next week could be crunch time for Nokia Oyj and its Chief Executive Stephen Elop in their battle to prove the Finnish mobile phone company can survive on its own.
Amazon criticized over low German tax bill
LONDON (Reuters) - Amazon.com Inc's main German unit paid income tax of just 3 million euros in 2012 after the group channeled sales to German clients of $8.7 billion via Luxembourg units, prompting one lawmaker to call for an investigation of the company.
Icahn sweetens bid for Dell by adding warrants
(Reuters) - Billionaire investor Carl Icahn and Southeastern Asset Management Inc sweetened their bid for Dell Inc by adding warrants they say would increase the value of the offer to a range of $15.50 to $18.00 per share from $14.00.
Ballmer tightens grip on Microsoft with major revamp
SAN FRANCISCO (Reuters) - Microsoft Corp's sweeping re-organization on Thursday creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.
Microsoft aims to power mobile effort in major overhaul
SAN FRANCISCO (Reuters) - Microsoft Corp launched its biggest internal overhaul in five years to streamline the development of products from Windows to tablets, hoping to catch nimbler rivals in mobile and cloud computing.
Google's Schmidt says relationship with Apple has improved
SUN VALLEY, Idaho (Reuters) - The relationship between Google Inc and Apple Inc has improved over the past year with the rival technology companies and sometimes partners conducting "lots and lots" of meetings, Google Executive Chairman Eric Schmidt said.
Microsoft helped NSA, FBI access user info: Guardian
SAN FRANCISCO (Reuters) - Microsoft Corp worked closely with U.S. intelligence services to help them intercept users' communications, including letting the National Security Agency circumvent email encryption, the Guardian reported on Thursday.
Commerce Committee drafts first U.S. Senate cybersecurity bill
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee is circulating a bill that marks the upper chamber's first stab at cybersecurity legislation and seeks to formalize part of an executive order that sets up voluntary standards for critical industries.
New Russian video game takes aim at punk band riot
MOSCOW (Reuters) - A Russian Orthodox youth group unveiled a video game on Thursday that gives players a chance to "kill" members of the punk band Pussy Riot, whose profanity-laden protest in a Moscow cathedral last year angered the church and offended some believers.
Alvarion says Silicon Valley Bank seeks receiver for loan
JERUSALEM (Reuters) - Israeli wireless broadband technology firm Alvarion Ltd said Silicon Valley Bank had requested a Tel Aviv court to enforce liens and appoint a receiver to collect a loan issued to the company.
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