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Friday, October 18, 2013

Technology Report: Google shares break $1,000 barrier as mobile pays off

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10/18/2013
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Google shares break $1,000 barrier as mobile pays off
SAN FRANCISCO (Reuters) - Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc.
Exclusive: NSA delayed anti-leak software at base where Snowden worked -officials
WASHINGTON (Reuters) - The U.S. National Security Agency failed to install the most up-to-date anti-leak software at a site in Hawaii before contractor Edward Snowden went to work there and downloaded tens of thousands of highly classified documents, current and former U.S. officials told Reuters.
NYSE to open up facilities for testing ahead of Twitter IPO
NEW YORK (Reuters) - NYSE Euronext said on Friday it would offer testing next weekend for trading firms planning to take part in Twitter's market debut, highlighting an industry-wide focus on risk controls after a spate of technology-related snafus in recent years.
As stock splits wane, more may follow Google to $1,000
NEW YORK (Reuters) - With its surge on Friday, Google Inc became the latest member, though not likely the last, of a tiny fraternity of companies that boast $1,000 share prices.
Exclusive: Motorola looking to exit wireless LAN business - sources
NEW YORK (Reuters) - Motorola Solutions Inc is exploring the sale of its underperforming wireless LAN business, which has grappled with declining share in a market dominated by rivals such as Cisco Systems Inc, people familiar with the matter said.
SoftBank to spend $1.26 billion for majority Brightstar stake
NEW YORK (Reuters) - Japan's SoftBank Corp said on Friday it agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.
Telekom Austria says does not expect hostile move by Carlos Slim
VIENNA (Reuters) - Telekom Austria Chief Executive Hannes Ametsreiter said on Friday he did not expect key shareholder Carlos Slim's America Movil to make any unfriendly moves towards the Austrian company.
Nimble Storage files for IPO of up to $150 million
(Reuters) - Data storage company Nimble Storage Inc filed with U.S. regulators to raise up to $150 million in an initial public offering of its common stock.
Siemens shakeup returns power to country managers
FRANKFURT (Reuters) - Siemens' new Chief Executive Joe Kaeser is returning more power to lower-level managers around the world with the aim of making the engineering group more nimble.
Lenovo will face obstacles in any BlackBerry deal: source
NEW YORK/TORONTO (Reuters) - Chinese computer maker Lenovo, which has signed a non-disclosure deal to examine BlackBerry's books, faces regulatory obstacles if it bids for all of the company and will likely pursue just parts, a source familiar with the matter said on Thursday.
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