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Thursday, October 9, 2014

Technology Report: Facebook has no near-term plan to monetize WhatsApp: CEO

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Facebook has no near-term plan to monetize WhatsApp: CEO
NEW DELHI (Reuters) - Facebook Inc , which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday.
Amazon set to open first physical store: WSJ
(Reuters) - Online retailer Inc plans to open its first physical store in midtown Manhattan, the Wall Street Journal reported, citing people familiar with the matter.
Security software maker Symantec to split into two public companies
(Reuters) - Symantec Corp , known for its Norton antivirus software, said it will split into two publicly traded entities - one that sells security programs and another that does information management.
Apple delays production of larger iPad: WSJ
(Reuters) - Apple Inc suppliers have delayed the production of a larger iPad to early next year, the Wall Street Journal reported, citing people familiar with the matter.
Google wins bid on which court to fight Rockstar over patents
WASHINGTON (Reuters) - Google Inc will fight patent holder Rockstar Consortium in a California court instead of a Texas court that lawyers consider more friendly toward plaintiffs.
GT says confidentiality pact rules out bankruptcy explanation
(Reuters) - Apple Inc supplier GT Advanced Technologies Inc argued on Thursday it could not reveal why it filed for bankruptcy and asked a court to keep crucial documents sealed, a highly unusual move that may keep investors in the dark about its unexpected financial implosion.
Icahn urges 'undervalued' Apple to buy back more shares
(Reuters) - Billionaire activist investor Carl Icahn said Apple Inc's shares could double in value and urged the company's board to buy back more shares using its $133 billion cash pile.
Deutsche Telekom and China Mobile to sign 'connected cars' deal
FRANKFURT (Reuters) - Deutsche Telekom and China Mobile will sign a deal on Friday to create a platform for so-called connected cars in China, a Deutsche Telekom spokesman said on Thursday.
Alibaba invests $50 million in TV remote app maker Peel
(Reuters) - Peel, the maker of an app that acts as a "smart remote" for TVs, said it secured an additional $50 million in funding from Chinese e-commerce giant Alibaba Group Holding Ltd .
Line CEO: growing current business more important now than IPO
TOKYO (Reuters) - The CEO of Japanese messaging app operator Line Corp said on Thursday that growing the company's current business is more important now than conducting an initial public offering.
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