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Monday, April 28, 2014

Technology Report: Wall Street remains split on Twitter's prospects

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04/28/2014
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
Wall Street remains split on Twitter's prospects
SAN FRANCISCO (Reuters) - There was a time when Twitter strove not to end up like Facebook.
Google says self-driving car tests now focused on city driving
SAN FRANCISCO (Reuters) - Google Inc said it has begun testing its self-driving cars on city streets, a crucial new phase in its quest to eventually make the technology a standard feature in automobiles.
AOL investigates cyber attack, says user data compromised
BOSTON (Reuters) - AOL Inc on Monday urged its tens of millions of email account holders to change their passwords and security questions after a cyber attack compromised about 2 percent of its accounts.
U.S. Supreme Court declines to hear Microsoft antitrust case
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday brought an end to Novell Inc's antitrust claims against Microsoft Corp that date back 20 years to the development of Windows 95 software.
Adobe fixes Flash Player bug used in attack on Syrian government website
(Reuters) - Adobe Systems Inc released an update on Monday to its widely used Flash Player software to fix a bug that cybersecurity company Kaspersky Lab said had been exploited to attack visitors to a Syrian government website.
Telekom Austria buys half of Slovenia's spectrum sale
VIENNA (Reuters) - Telekom Austria bought almost half the spectrum on offer in a Slovenian auction for 64 million euros ($89 million), it said in a statement on Monday.
Comcast in deal with Charter as it seeks approval for TWC
(Reuters) - Comcast Corp on Monday agreed to a three-way deal with Charter Communications Inc as part of Comcast's efforts to win regulatory approvals for its proposed $45 billion purchase of Time Warner Cable Inc.
U.S., UK advise avoiding Internet Explorer until bug fixed
BOSTON (Reuters) - The U.S. and UK governments on Monday advised computer users to consider using alternatives to Microsoft Corp's Internet Explorer browser until the company fixes a security flaw that hackers used to launch attacks.
Alibaba, Yunfeng agree to buy $1.22 billion stake in Youku Tudou
HONG KONG (Reuters) - Alibaba Group Holding Ltd and a private equity firm co-founded by its executive chairman Jack Ma have agreed to buy a $1.22 billion stake in Youku Tudou Inc, as China's ecommerce giant intensifies its focus on online video business.
Panasonic expects third year of profit growth as revamp bears fruit
TOKYO (Reuters) - Panasonic Corp forecast a third straight year of operating profit growth as it wraps up a restructuring campaign to shift its focus from volatile consumer markets to more reliably profitable industrial products such as car batteries.
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