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Monday, December 2, 2013

Technology Report: Twitter stock gets mixed reviews from IPO underwriters

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12/2/2013
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
Twitter stock gets mixed reviews from IPO underwriters
SAN FRANCISCO (Reuters) - Twitter Inc shares slipped on Monday after some of the five lead underwriters of its initial public offering said the social media firm may not achieve Facebook-like scale and its stock may not rise much higher.
U.S. approves Microsoft purchase of Nokia's mobile business
WASHINGTON (Reuters) - U.S. antitrust regulators have approved Microsoft Corp's deal to buy Nokia Corp's mobile phone business, the Federal Trade Commission said on Monday.
3D printer boom lures new wave of Japan entrepreneurs
TOKYO (Reuters) - Junichiro Asami gave up a stable job to join a group of Japanese entrepreneurs building businesses based on 3D printing, showing the sort of pioneering spirit Prime Minister Shinzo Abe hopes can revitalize a calcified economy.
Supreme Court declines to hear online retailers tax case
WASHINGTON (Reuters) - Amazon.com Inc and other online retailers with no physical presence in New York State must go on collecting sales tax after the U.S. Supreme Court on Monday declined to hear a legal challenge to the law that requires it.
BlackBerry is 'here to stay', interim CEO tells customers
TORONTO (Reuters) - BlackBerry Ltd is "very much alive, thank you," Interim Chief Executive John Chen affirmed in an open letter on Monday in which the smartphone maker committed itself to rebuilding as a niche player concentrating on the enterprise market.
Amazon testing delivery with drones, CEO Bezos says
(Reuters) - Amazon.com Inc is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program "60 Minutes."
Cognizant to hire 10,000 in US in next 3 years
(Reuters) - Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.
U.S. online startup makes going solar as easy as booking travel
LOS ANGELES (Reuters) - In a first on Monday, an online marketplace will allow U.S. homeowners to weigh options for going solar as easily as they can compare prices for airline tickets.
Deutsche Telekom plans new packages after internet cap blocked
FRANKFURT (Reuters) - Deutsche Telekom plans to repackage its internet offering rather than appeal against an October court ruling that blocked it from capping connection speeds when customers exceed data limits on flat-rate contracts.
Deutsche Telekom to cut 4,000 jobs at IT unit T: Systems
FRANKFURT (Reuters) - Deutsche Telekom plans to cut around 7.5 percent of jobs in the next three years at its IT services business T-Systems, a company source said on Monday.
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