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Monday, November 24, 2014

Technology Report: EU digital tsar warns monopolists; Google foes play down call for break-up

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EU digital tsar warns monopolists; Google foes play down call for break-up
BRUSSELS (Reuters) - The European Union's top official for digital markets said on Monday he was concerned that big tech companies may be abusing dominant positions, but he also said investigations into Google must not be rushed.
Microsoft sues IRS for details of probe on internal transactions
(Reuters) - Microsoft sued the Internal Revenue Service on Monday, seeking information about a law firm hired by U.S. tax authorities in a review of how the software company books sales between subsidiaries.
Recharge your phone in 30 seconds? Israeli firm says it can
TEL AVIV (Reuters) - An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.
Intel could rise 30 percent over next two years: Barron's
(Reuters) - Shares in microprocessor maker Intel Corp could rise more than 30 percent to $48 over the next two years, Barron's reported in its Nov. 24 edition.
Google reaches out-of-court settlement in UK defamation case
LONDON (Reuters) - Google Inc said on Monday it had reached a settlement with a British businessman over defamatory postings in its search results describing him as a pedophile, a murderer and a money-launderer.
Telecom firms call for change to BT's business broadband 'monopoly'
LONDON (Reuters) - Britain's biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT has an effective monopoly.
Computer spying malware uncovered with 'stealth' features: Symantec
(Reuters) - An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, anti virus software maker Symantec Corp said in a report on Sunday.
Samsung files ITC complaint to block Nvidia chips from U.S.: Bloomberg
(Reuters) - South Korea's Samsung Electronics Co Ltd has filed a complaint with the U.S. International Trade Commission seeking to block computer-graphics chips made by Nvidia Corp from the U.S. market, Bloomberg reported.
Apple $450 million e-book settlement gets final court approval
NEW YORK (Reuters) - A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices.
Video streaming service Aereo files for bankruptcy
NEW YORK (Reuters) - Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection.
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