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Tuesday, October 28, 2014

Technology Report: U.S. sues AT&T over data throttling on some phone plans

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U.S. sues AT&T over data throttling on some phone plans
WASHINGTON (Reuters) - The U.S. government filed a lawsuit against AT&T Inc on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data.
IBM adds $5 billion to share buyback program
(Reuters) - IBM Corp said its board had approved a $5 billion share buyback in addition to the $1.4 billion remaining from its existing program.
Apple CEO fires back as retailers block Pay
LAGUNA BEACH Calif. (Reuters) - Apple Inc CEO Tim Cook fired back at CVS and Rite Aid on Monday after the drugstore chains blocked the iPhone maker's mobile payments service, saying there were plenty of other retailers around the world to sign up.
Google's YouTube explores paid, ad-free video service
SAN FRANCISCO (Reuters) - YouTube, the popular online video service owned by Google Inc, is planning to offer a paid, ad-free version, the head of the site said.
Alibaba's Ma says open to working with Apple on payments
LAGUNA BEACH Calif. (Reuters) - Alibaba Group Holdings Ltd executive chairman Jack Ma said he's open to working with Apple Inc on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners.
Former Google executive's app aims to tackle chronic illness
SAN FRANCISCO (Reuters) - Having difficulty managing chronic disease? Now there's an app for that.
Twitter's efforts to engage users yet to fully pay off
(Reuters) - Twitter Inc's efforts to improve user engagement and growth rates are taking longer than expected to gain traction, prompting a wave of rating and price target cuts on the stock.
Japan's SoftBank kicks off $10 billion India online spree, buys stake in Snapdeal
MUMBAI (Reuters) - Japanese telecom and media group SoftBank Corp has set its sights on Indian e-commerce in its aggressive expansion drive, saying it will invest about $10 billion in the booming sector as it took a strategic stake in one of its rising stars.
GT Advanced sought to avoid costly battle with Apple: filing
SAN FRANCISCO (Reuters) - GT Advanced Technology Inc , which struck an agreement with erstwhile partner Apple Inc last week that allowed it to proceed with its bankruptcy, said the iPhone maker had threatened to seek damages of more than $1 billion against the company.
InterDigital shares rise on U.S. patent fight win over ZTE
WASHINGTON (Reuters) - Shares of InterDigital Inc rose on Tuesday after a federal jury in Delaware found that ZTE Corp infringed three of its mobile phone patents, according to the company and a court filing.
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