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Wednesday, August 28, 2013

Technology Report: In Facebook's first pay vote, tough love from an old friend

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08/28/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
In Facebook's first pay vote, tough love from an old friend
(Reuters) - Some of Mark Zuckerberg's mutual fund backers delivered a tough message on compensation for the leaders of Facebook Inc.
Sharp ends talks with Samsung over copier JV: Kyodo
(Reuters) - Sharp Corp, Japan's largest display maker, has called off talks with Samsung Electronics Co Ltd to jointly set up a copier sales company, the Kyodo said.
Panasonic to stop selling consumer smartphones in Japan: Nikkei
(Reuters) - Panasonic Corp is finalizing plans to pull out of the consumer smartphone business in Japan and has approached potential buyers for its cellular base station business, the Nikkei reported.
Chinese shoppers set to become world leaders online
SHANGHAI (Reuters) - China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total customer spending, management consultancy firm Bain & Company says.
Activision sets launch date for $2.5 billion credit
NEW YORK (Reuters) - Video game publisher Activision Blizzard is expected to launch September 4 its new $2.5 billion credit backing the company's plan to spin itself off from Vivendi and buy back shares, loan investors told Thomson Reuters LPC.
Nintendo cuts Wii U price, plans lower-priced device for holidays
SAN FRANCISCO (Reuters) - Nintendo Co Ltd plans to offer a new handheld gaming device and a $50 discount on its most expensive Wii U console in North America and Europe, to compete with rivals Microsoft Corp and Sony Corp as they prepare to release new hardware.
EU telecoms chief drops plan to slash wholesale roaming prices
BRUSSELS (Reuters) - EU telecoms chief Neelie Kroes has scrapped a draft proposal to cut wholesale roaming fees by as much as 90 percent, a European Commission document seen by Reuters showed, following criticism from major telecom companies.
Microsoft: The insiders who could be CEO
SEATTLE (Reuters) - Microsoft Corp has a stable of senior executives who could be contenders to succeed Chief Executive Steve Ballmer, even though outsiders have sparked the most discussion so far.
Infosys Americas head, seen as CEO contender, resigns
BANGALORE (Reuters) - Infosys Ltd's Americas head and global manufacturing chief, Ashok Vemuri, has resigned in the most high-profile exit since co-founder Narayana Murthy returned to the company to reverse two years of floundering growth.
U.S. security agencies say Android mobile main target for malware
SAN FRANCISCO (Reuters) - Google Inc's Android, the dominant mobile operating system, is by far the primary target for malware attacks, mostly because many users are still using older versions of the software, according to a study by the Department of Homeland Security and the Federal Bureau of Investigation.
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