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Tuesday, July 15, 2014

Technology Report: Intel's revenue outlook tops expectations, shares rise

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07/15/2014
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Intel's revenue outlook tops expectations, shares rise
SAN FRANCISCO (Reuters) - Intel Corp forecast third-quarter revenue above Wall Street's expectations, signaling that a shrinking personal computer industry may be stabilizing.
Yahoo second-quarter net revenue declines to $1.04 billion
SAN FRANCISCO (Reuters) - Yahoo Inc's revenue declined in the second quarter as the Internet company's rates for online display ads plummeted by 24 percent, it said on Tuesday.
Ex-Ford chief Mulally joins Google's board
SAN FRANCISCO (Reuters) - Google Inc has appointed former Ford Motor Co CEO Alan Mulally to its board of directors, drafting a seasoned Detroit executive into its ranks as it develops a self-driving car and tries to get its software into more automobiles.
Slim's America Movil asset sale fans hope for cheaper phone bills
MEXICO CITY (Reuters) - A quick sale of a block of billionaire Carlos Slim's vast telecoms empire to a foreign company may be the fastest path to lower prices, broader coverage and better service for Mexican consumers.
HP interim Chairman Ralph Whitworth resigns to focus on health
(Reuters) - Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.
Obama backs highway fund fix, touts 'talking' cars
WASHINGTON (Reuters) - President Barack Obama on Tuesday threw his weight behind a temporary fix for the depleted Highway Trust Fund during an event to tout his administration's work with the private sector to develop cars that communicate using wireless technology.
Novartis and Google to develop 'smart' contact lens
ZURICH (Reuters) - Swiss drugmaker Novartis has struck an agreement with Google to develop "smart" contact lenses that would help diabetics to track their blood glucose levels or restore the eye's ability to focus.
U.S. FCC extends 1st deadline to comment on net neutrality
WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Tuesday pushed back to July 18 the first deadline to submit comments on the agency's proposed new Internet traffic rules after a surge in traffic overwhelmed its online filing system.
Google's Nest launches network technology for connected home
SAN FRANCISCO (Reuters) - Google Inc's Nest Labs on Tuesday unveiled an industry group to encourage makers of "smart" home gadgets like locks and lightbulbs to use Thread, a new standard for devices to communicate on a network.
Microsoft to overtake Yahoo in global digital ad share
(Reuters) - Microsoft Corp is expected to surpass Yahoo Inc for the first time in the $140.2 billion worldwide digital advertising market, according to estimates by research firm eMarketer released on Tuesday.
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