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Thursday, August 21, 2014

Technology Report: EBay considering PayPal spinoff: report

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08/21/2014
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EBay considering PayPal spinoff: report
(Reuters) - EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources.
Class action against Facebook attracts 60,000 users
VIENNA (Reuters) - An Austrian law student said his class action challenging Facebook for alleged privacy violations had gathered support from 60,000 users and passed its first legal review.
Women venture capitalists underperform men, say Harvard academics
SAN FRANCISCO (Reuters) - Women venture capitalists underperform their male counterparts by some 15 percent, according to a new Harvard University study, but the performance differences have narrowed over time and in firms that employ more than a single female venture partner.
Disney brings the Force with 'Star Wars' game, TV show push
LOS ANGELES (Reuters) - Walt Disney Co is ramping up its first major push to promote the "Star Wars" franchise it purchased from George Lucas in 2012, blitzing consumers this year with a mobile game, animated TV show and an expanded line of toys and clothes.
China taps South Korea for ideas in Qualcomm antitrust case
BEIJING/SEOUL (Reuters) - Chinese antitrust officials have met with their South Korean counterparts to discuss violations by U.S. chipmaker Qualcomm Inc , sources said, as Beijing reaches out to regulators overseas to complete a case that could result in record fines at home.
Opera's Mini browser to be installed on Microsoft phones
OSLO (Reuters) - Norwegian software maker Opera signed a deal to take over the browser building unit of Microsoft's Nokia mobile phone unit and reported second-quarter earnings above expectations on Thursday, sending it shares sharply higher.
British IT outsourcing company Quindell considers U.S. listing
(Reuters) - Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a U.S. stock listing and will not immediately re-apply for a premium listing in London.
Hewlett-Packard posts surprise revenue gain after PC sales jump
SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.
Infineon denies paying too much for International Rectifier
FRANKFURT (Reuters) - Infineon brushed off concern that it was spending too much to buy U.S.-based International Rectifier, saying the deal promised a wealth of benefits for the German chipmaker.
Silicon Valley startup accelerators on the hunt for health-tech talent
SAN FRANCISCO (Reuters) - What do Dropbox, Stripe, Airbnb and Reddit have in common? These technology firms all received mentorship and money from Silicon Valley's so-called startup machine, Y Combinator.
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