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Tuesday, September 30, 2014

Technology Report: EBay follows Icahn's advice, plans PayPal spinoff in 2015

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EBay follows Icahn's advice, plans PayPal spinoff in 2015
(Reuters) - EBay Inc plans to spin off its PayPal unit next year, bowing to activist investor Carl Icahn's argument that the move would free the fast-growing payments business to compete more fiercely in the competitive mobile payments market.
Microsoft names next operating system 'Windows 10'
SAN FRANCISCO (Reuters) - Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.
German privacy watchdog tells Google to restrict use of data
FRANKFURT (Reuters) - A German data protection watchdog told Google Inc on Tuesday to seek users' permission for creating data profiles from its various services, adding to pressure on the U.S. technology giant in Europe over its privacy policy.
U.S. charges four with stealing $100 million in software, data
WASHINGTON (Reuters) - Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data - some of it used to train military pilots and some related to Microsoft Corp's Xbox gaming console - the U.S. Justice Department said Tuesday.
U.S. attorney general criticizes Apple, Google data encryption
WASHINGTON (Reuters) - Joining a cry from law enforcement officials concerned about data encryption on Apple's newest operating system, U.S. Attorney General Eric Holder said on Tuesday that officers should not be blocked from the information they need to investigate a crime.
EU says Ireland swapped Apple tax deal for jobs
BRUSSELS/LONDON (Reuters) - The European Union has accused Ireland of swerving international tax rules by letting Apple shelter profits worth tens of billions of dollars from revenue collectors in return for maintaining jobs.
Obama's BRAIN initiative awards $46 million in grants
CHICAGO (Reuters) - Wearable brain scanners and lasers that can turn hundreds of cells on and off were among 58 projects awarded $46 million in federal grants as part of President Obama's $100 million initiative to unlock the secrets of the human brain.
GoPro shares rise on news of new cameras; bullish options active
NEW YORK (Reuters) - GoPro Inc shares rose 3 percent to touch a new high and options volume looked set to hit a record on Tuesday, a day after the maker of cameras worn by surfers and skydivers said it would be launching two new action cameras, as well as a lower priced beginner-friendly model.
Apps re-invent smartphone keyboards to reduce typing frustration
TORONTO (Reuters) - New smartphone apps aim to solve the problem of keyboards causing aching fingers or auto-correct resulting in embarrassing blunders.
Google searches for right note in online music business
SAN FRANCISCO (Reuters) - Google Inc is planning new and revamped streaming-music services in coming weeks, searching for a way to stand out in an increasingly crowded field of rivals from Apple Inc and Inc to Spotify.
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