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Tuesday, October 21, 2014

Technology Report: Apple seen riding higher on strong iPhone demand, iPad rebound

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Apple seen riding higher on strong iPhone demand, iPad rebound
(Reuters) - Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.
Verizon posts higher revenue as consumers use more data
WASHINGTON (Reuters) - Verizon Communications Inc's quarterly revenue rose 4.3 percent, matching forecasts, as price cuts attracted more customers and growing mobile video traffic boosted data usage.
Yahoo in talks to buy ad service BrightRoll: TechCrunch
(Reuters) - Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.
Verizon CFO says not interested in America Movil assets: WSJ
WASHINGTON (Reuters) - Verizon Communications has no interest in acquiring assets being sold by Latin America's biggest telecommunications company, America Movil, Verizon's chief financial officer told the Wall Street Journal on Tuesday.
Smartphone repair company B2X steps up expansion with Indian deal
FRANKFURT (Reuters) - Smartphone users won't recognize the name B2X, but if your battery dies or your screen breaks, the odds are that the company will be working behind the scenes when you seek a repair.
GT Advanced nears deal over Apple secrecy - lawyer
(Reuters) - A lawyer for GT Advanced Technologies Inc, a specialty glass supplier of Apple Inc, told a bankruptcy court on Tuesday the company was close to a settlement with the iPhone maker over access to information.
Mystery startup Magic Leap raises $542 million from Google, others
(Reuters) - Magic Leap Inc, a startup focused on augmented reality technology, said it raised $542 million in a funding round led by Google Inc.
U.S. national security prosecutors shift focus from spies to cyber
WASHINGTON (Reuters) - The U.S. Justice Department is restructuring its national security prosecution team to deal with cyber attacks and the threat of sensitive technology ending up in the wrong hands, as American business and government agencies face more intrusions.
Chipmaker ARM's upbeat message fails to allay concerns
LONDON (Reuters) - British chipmaker ARM Holdings' predictions of improving smartphone demand and strengthening royalty growth met with a cool stock market response after it fell short of third-quarter revenue expectations on Tuesday.
China-backed hackers target Apple's iCloud users: blog
BOSTON/BEIJING (Reuters) - Apple Inc's iCloud storage service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the Beijing government is behind the campaign.
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