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Wednesday, October 8, 2014

Technology Report: Icahn tweets he will send open letter to Apple

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Icahn tweets he will send open letter to Apple
(Reuters) - Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc on Thursday.
GT Advanced bankruptcy offers warning to Apple suppliers
SAN FRANCISCO/TOKYO (Reuters) - The financial implosion of Apple Inc supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches.
PC shipments dip 1.7 percent, less than expected
SEATTLE (Reuters) - Personal computer shipments fell 1.7 percent in the July to September period from a year ago, tech research firm IDC said on Wednesday, marking the 10th straight quarter of declines but beating IDC's forecast of a 4.1 percent drop.
Twitter sues U.S. Justice Department for right to reveal surveillance requests
SAN FRANCISCO (Reuters) - Twitter Inc sued the U.S. Department of Justice on Tuesday, intensifying its battle with federal agencies as the Internet industry's self-described champion of free speech seeks the right to reveal the extent of U.S. government surveillance.
AT&T to pay $105 million to settle charges it 'crammed' phone bills
WASHINGTON (Reuters) - AT&T Inc will pay $105 million to settle allegations that it put unauthorized charges on customers' cell phone bills, a practice known as cramming, federal regulators said on Wednesday.
Sweden's Truecaller clinches $60 mln in venture capital funding
STOCKHOLM (Reuters) - Truecaller, a global mobile phone directory and caller identification service, has secured $60 million in funding from U.S. tech funds and lured a founder of Internet calling firm Skype to its board, the Swedish startup said on Wednesday.
Venezuelans turn to bitcoins to bypass socialist currency controls
CARACAS (Reuters) - Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
GT Advanced first bankruptcy hearing set for Thursday
(Reuters) - Apple Inc supplier GT Advanced Technologies Inc will hold its first Chapter 11 bankruptcy court hearing on Thursday at 10 a.m. ET, according to a clerk in the U.S. bankruptcy court in Manchester, New Hampshire.
Symantec exploring breakup of company: Bloomberg
(Reuters) - Security software maker Symantec Corp is in advanced talks to split its business into two entities - one that sells security programs and another that does data storage, Bloomberg reported, citing people with knowledge of the matter.
China military calls for stronger cybersecurity, domestic software: state media
BEIJING (Reuters) - China's armed forces will ramp up their cybersecurity and speed domestic development of software, state media said on Wednesday, as the world's largest military seeks to shore up potential technological weaknesses.
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