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Thursday, October 16, 2014

Technology Report: Google's revenue increases 20 percent, but below Street view

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Google's revenue increases 20 percent, but below Street view
SAN FRANCISCO (Reuters) - Google Inc's third-quarter revenue grew 20 percent, but slightly below Wall Street expectations, as growth slowed in the Internet company's total number of money-making ads and expenses increased.
Apple's new iPads sport modest upgrades but short on 'wow'
CUPERTINO Calif. (Reuters) - Apple Inc's faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by mobile devices.
SanDisk reports higher-than-expected adjusted quarterly profit
(Reuters) - SanDisk Corp reported a better-than-expected adjusted quarterly profit, helped by higher sales of memory chips used in Apple Inc's iPhones and solid-state hard drives.
PayPal spinoff seen critical for eBay amid e-commerce weakness
(Reuters) - A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast.
U.S. FBI director warns new phone encryption could thwart probes
WASHINGTON (Reuters) - U.S. FBI Director James Comey on Thursday made his strongest comments yet about encryption features built into new cell phones by Google Inc and Apple Inc, warning they could hurt law enforcement efforts to crack homicide and child exploitation cases.
'Malvertising' targets U.S. military firms in new twist on old web threat
AMSTERDAM (Reuters) - A surge in malware disguised as online advertisements aimed at unsuspecting web users has hit major U.S. military contractors in the past few weeks, marking a dangerous twist on a decade-old scourge for advertisers, security researchers said on Thursday.
French court fines Uber car service 100,000 euros
PARIS (Reuters) - A Paris court fined the French subsidiary of U.S. app-based ride service Uber 100,000 euros ($128,000) on Thursday for fraudulent business practices after it advertised its paid transportation service UberPop as a car pool.
Alibaba affiliate Alipay rebranded Ant in new financial services push
BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group Holding Ltd said on Thursday it has changed the name of its Alipay financial services affiliate to Ant Financial Services Group as it steps up its push into the financial services industry.
CBS joins the video-streaming bandwagon
CBS Corp launched digital video-on-demand and live-streaming services on Thursday, aiming to win back viewers who are increasingly turning to the Internet for entertainment.
iPhone rollout likely widened T-Mobile's growth lead
WASHINGTON (Reuters) - Apple's iPhone 6 only went on sale in the last two weeks of the quarter, but the device's rollout may have been the U.S. cellular industry's top growth catalyst in the period, with T-Mobile US benefiting the most.
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