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Tuesday, May 13, 2014

Technology Report: Fighting fakes: ahead of IPO, Alibaba takes a tougher line

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05/13/2014
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Fighting fakes: ahead of IPO, Alibaba takes a tougher line
BEIJING/SAN FRANCISCO (Reuters) - Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
AT&T in talks to buy DirecTV for nearly $50 billion: sources
NEW YORK/LOS ANGELES (Reuters) - AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.
Goldman's top tech banker jumps ship for Coatue: source
NEW YORK/SAN FRANCISCO (Reuters) - Goldman Sachs Group Inc technology investment banker Anthony Noto, who helped orchestrate Twitter Inc's successful IPO in November, is leaving to join private equity firm Coatue Management, according to a Goldman memo and a source familiar with the matter.
Take-Two revenue drops but beats Street
SAN FRANCISCO (Reuters) - Video game publisher Take-Two Interactive Software on Tuesday reported a 23 percent drop in revenue in its fiscal fourth quarter but beat Wall Street expectations, helped by sales of "Grand Theft Auto V" and "NBA 2K14."
Bitcoin needs regulatory framework to change 'risky' image
LONDON (Reuters) - Regulators should create a framework of rules to help to make virtual currencies such as bitcoin more attractive to ordinary consumers, a lawyer from the Bitcoin Foundation said on Tuesday.
BuzzFeed president steps down, takes adviser role
(Reuters) - BuzzFeed President and Chief Operating Officer Jon Steinberg is stepping down after four years at the online entertainment and news start-up and will become an adviser to the company.
European court says Google must respect 'right to be forgotten'
BRUSSELS (Reuters) - Internet companies can be made to remove irrelevant or excessive personal information from search engine results, Europe's top court ruled on Tuesday in a case pitting privacy campaigners against Google.
BlackBerry to let rival systems manage its devices
TORONTO (Reuters) - BlackBerry Ltd said on Tuesday it planned to allow rival mobile device management players to manage its BlackBerry 10 devices on the internal networks of their clients, marking a slight shift in strategy for the embattled technology company.
Oracle faces scrutiny over $1.3 billion verdict against SAP
SAN FRANCISCO (Reuters) - A U.S. appeals court appeared skeptical on Tuesday about reinstating a $1.3 billion jury verdict won by Oracle Corp against SAP, in a case where the European software company admitted massive copyright infringement.
Microsoft slashes Xbox price, frees up Netflix and other popular apps
SAN FRANCISCO (Reuters) - Microsoft Corp will take $100 off the price of its Xbox One gaming console and let users view popular entertainment apps such as Netflix and ESPN without a $60-plus "Live" subscription, hoping to spur sales against rival devices like Sony's Playstation 4 and Amazon's Fire TV.
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