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Wednesday, October 29, 2014

Technology Report: Facebook spending gets thumbs up from analysts - if not investors

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Facebook spending gets thumbs up from analysts - if not investors
(Reuters) - Another day, another quarterly report from a technology company that disappointed investors.
Microsoft cuts 3,000 jobs, rounding out July plan
SEATTLE (Reuters) - Microsoft Corp said on Wednesday it cut about 3,000 jobs, effectively completing its plan to reduce its workforce by 18,000, or 14 percent of total staff, announced in July.
U.S. judge says Google settlement over pharma ads is fair
OAKLAND Calif. (Reuters) - A U.S. judge said Google's plan to create a $250 million internal program to disrupt rogue online pharmacies is a fair way to end shareholder litigation over accusations the search company improperly allowed ads from non-U.S. drug sellers.
HP tries something new with 3D scanning computer
PALO ALTO Calif. (Reuters) - Hewlett-Packard Co has taken a modest step toward re-imagining the venerable personal computer, merging a 3D scanner and projector with an all-in-one PC to create a $1,899 ensemble it hopes can rekindle industry interest.
BlackBerry CEO pens open letter ahead of Classic launch
TORONTO (Reuters) - BlackBerry Ltd Chief Executive John Chen penned an open letter to current and former BlackBerry users on Wednesday in a push to create some buzz for the company's new BlackBerry Classic device, which is set to debut later this year.
Verizon reasserts no plans for Internet 'fast lanes'
WASHINGTON (Reuters) - Verizon Communications Inc on Wednesday reasserted that it was not planning to strike any Internet "fast lane" deals that would help some websites load faster than others, in a letter to a top U.S. Senate Judiciary Committee lawmaker.
Dow Jones asks court to deny GT Advanced, Apple's secrecy motion
(Reuters) - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's bankruptcy.
IBM, Twitter to partner on business data analytics
WASHINGTON (Reuters) - International Business Machines Corp on Wednesday announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide.
Nintendo beats forecasts on Mario Wii U lift, on track for full-year profit
OSAKA Japan (Reuters) - Japanese video game maker Nintendo Co vaulted to an unexpected quarterly operating profit as new game "Mario Kart 8" stoked sales of its Wii U console, bolstering hopes it was on track for its first annual profit in four years.
Comcast settles lawsuit over overcharging cable TV subscribers
(Reuters) - Comcast Corp has reached a $50 million settlement in a decade-old lawsuit accusing it of overcharging cable television subscribers, 1-1/2 years after the U.S. Supreme Court threw out a larger version of the class-action case.
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