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Wednesday, August 27, 2014

Technology Report: U.S. judge rejects Apple bid for injunction against Samsung

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08/27/2014
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U.S. judge rejects Apple bid for injunction against Samsung
SAN FRANCISCO (Reuters) - A U.S. judge on Wednesday rejected a bid from Apple Inc for a permanent injunction against Samsung Electronics Co Ltd over three Apple patents that went to trial earlier this year.
Alibaba revenue soars ahead of IPO
(Reuters) - Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut.
Brazil telecom battle heats up as Oi tries to buy, split TIM
RIO DE JANEIRO/PARIS (Reuters) - Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.
Time Warner Cable suffers major outage; New York launches probe
BOSTON/WASHINGTON (Reuters) - Time Warner Cable Inc, the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some 11 million businesses and residences, prompting a New York state investigation.
Online peer-to-peer banker LendingClub files for IPO
(Reuters) - LendingClub Corp, the world's largest online marketplace directly connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.
Arch Venture Partners raises $400 million fund
SAN FRANCISCO (Reuters) - Chicago-based Arch Venture Partners raised a $400 million fund to invest in early stage companies, the firm announced Wednesday, underscoring renewed investor confidence in the once moribund life sciences sector.
Uber eyes aggressive expansion in Germany despite bans
FRANKFURT (Reuters) - U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities such as Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.
Berlin bans car service Uber
(This version of the story corrects an August 14 story to make clear in penultimate paragraph that Paris court did not ban Uber)
China's Wanda, Tencent and Baidu team up for $813 million e-commerce deal: sources
BEIJING (Reuters) - China's privately-held Dalian Wanda Group is set to launch a 5 billion yuan ($813 million) e-commerce joint venture with domestic internet giants Tencent Holdings Ltd and Baidu Inc, according to two sources familiar with the investment.
Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report
SAN FRANCISCO (Reuters) - Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.
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