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Thursday, March 20, 2014

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Technology Report: With cars, drivers, Google revs up home delivery

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03/20/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
With cars, drivers, Google revs up home delivery
SAN FRANCISCO (Reuters) - When Google started testing a free same-day shopping delivery service in San Francisco last year, industry observers were surprised by the company's foray into a notoriously tricky and decidedly low-margin real-world business.
Symantec fires CEO, reaffirms fourth-quarter outlook
(Reuters) - Antivirus and security software provider Symantec Corp said it fired Chief Executive Steve Bennett, effective immediately, and appointed board member Michael Brown as interim president and CEO.
Seagate chief Luczo leaves Microsoft board
SEATTLE (Reuters) - Microsoft Corp said on Thursday Steve Luczo stepped down from its board of directors so he can focus on his job as chief executive of digital storage firm Seagate Technology Plc.
Airbnb in funding talks valuing it at about $10 billion: source
(Reuters) - Online home-rental marketplace Airbnb Inc is in advanced talks with private equity firms including TPG Capital Management LP to raise funds that would value the company at about $10 billion, a person briefed on the matter said Thursday.
Bouygues re-opens French telecoms takeover battle with new SFR offer
PARIS (Reuters) - Conglomerate Bouygues re-opened the battle to buy France's second biggest telecoms provider SFR on Thursday with a new offer less than a week after owner Vivendi began exclusive talks with rival bidder Numericable.
Milan taxi drivers march against Silicon Valley ride-app Uber
MILAN (Reuters) - Striking taxi drivers marched through Italy's second city Milan on Thursday in protest against app-based ride service Uber, a Silicon Valley prodigy that has drawn furious opposition as it seeks to become a global force.
EU seeks feedback to Hutchison concessions for 02 Ireland buy
BRUSSELS (Reuters) - EU antitrust regulators are seeking industry feedback over concessions offered by Hutchison Whampoa to secure approval for its $1 billion bid for Telefonica's 02 Ireland, two people familiar with the matter said on Thursday.
Alibaba invests $280 million in messaging app Tango
SAN FRANCISCO (Reuters) - Tango, the mobile messaging app-maker, announced Wednesday it has raised $280 million in a new funding round led by Chinese e-commerce giant Alibaba Group Holding Ltd.
First annual profit drop in 14 years spurs China Mobile spending on 4G
BEIJING/HONG KONG (Reuters) - China Mobile Ltd, the world's largest mobile carrier by subscribers, will spend more this year to bolster its 4G mobile network to counter its first annual profit drop in 14 years.
Ex-Microsoft employee charged with leaking trade secrets to blogger
(Reuters) - A former employee of Microsoft Corp is facing criminal charges after he allegedly passed trade secrets to a blogger in France, U.S. court documents showed.
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