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Monday, March 24, 2014

Technology Report: How Facebook avoided Google's fate in talent poaching lawsuit

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03/24/2014
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
How Facebook avoided Google's fate in talent poaching lawsuit
SAN FRANCISCO (Reuters) - Facebook Inc has emerged as one of the biggest Silicon Valley companies to have resisted rivals' entreaties to stop poaching each other's employees, according to emails between the No. 1 social network and Google Inc released in court filings.
Mexico telecoms bill gives regulator powers to curb Slim, Televisa
MEXICO CITY (Reuters) - Mexico's government on Monday proposed giving new telecommunications regulator IFT sweeping powers to police the operations of dominant telecoms companies and TV broadcasters, right down to their prices and discounts.
Police need powers to tackle virtual money laundering: Europol
THE HAGUE (Reuters) - The head of the European Union's policing agency warned on Monday that virtual currencies such as Bitcoin were being used for money laundering and called for police to be given more powers to identify criminal suspects operating on the Internet.
Apple in talks with Comcast for streaming-TV service: WSJ
(Reuters) - Apple Inc is in talks with Comcast Corp to enter into a deal for a streaming-television service that would allow Apple set-top boxes to bypass congestion on the web, the Wall Street Journal reported, citing people familiar with the matter.
White House, Treasury officials to appear at SEC cyber security event
WASHINGTON (Reuters) - Cyber security experts from the White House, Treasury Department and Department of Homeland Security will be among panelists appearing on Wednesday at a roundtable on the challenges hackers pose to public companies and financial markets.
Mexico president sending telecom regulation to Congress
MEXICO CITY (Reuters) - Mexican President Enrique Pena Nieto said he will send legislation to Congress on Monday to flesh out a reform approved last year that seeks to curb the power of phone mogul Carlos Slim and the country's top broadcaster Televisa.
Cisco joins cloud computing race with $1 billion plan
(Reuters) - Cisco Systems Inc plans to offer cloud computing services, pledging to spend $1 billion over the next two years to enter a market currently led by the world's biggest online retailer Amazon.com Inc.
Microsoft deal delay may mean more Nokia patent concessions
HELSINKI (Reuters) - Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make technology patent concessions to get the deal done.
Netflix shares fall on Comcast-Apple report
(Reuters) - Netflix shares slumped more than 7 percent on Monday after a report about a new television streaming product that Comcast and Apple were working on together.
Palo Alto Networks to buy Israeli cybersecurity firm
(Reuters) - Palo Alto Networks Inc , which makes firewalls to protect companies from cyber attacks, said it would buy a tiny Israeli security firm, Cyvera, for about $200 million in a move that some analysts expect will crimp profits over the next few years.
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