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Monday, April 7, 2014

Technology Report: Lawsuits deepen shareholder row over 'Russia's Facebook'

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04/7/2014
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
Lawsuits deepen shareholder row over 'Russia's Facebook'
MOSCOW (Reuters) - A dispute between shareholders in Russia's biggest social network escalated on Monday, as the rivals took legal action to assert their influence over a business that has been used as a platform for opposition groups.
Cloud software maker Vocus to be taken private
(Reuters) - Vocus Inc, a maker of cloud-based software for marketing and public relations, said it would be bought by private equity firm GTCR Valor Merger Sub Inc for about $447 million.
Qualcomm talks up future top-tier smartphone chip
SAN FRANCISCO (Reuters) - Qualcomm gave details on Monday about a future high-end smartphone chip, including faster download speeds as well as 64-bit technology, which is quickly becoming standard.
Taiwan's HTC posts first-quarter loss on weak flagship phone sales
TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp posted a first-quarter loss that was wider than analyst estimates, after ineffective marketing resulted in weak sales of its former flagship model.
Retailers push into crowded mobile payment market
BERLIN (Reuters) - Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
Hewlett-Packard shares look cheap despite big rebound: Barron's
NEW YORK (Reuters) - Shares of Hewlett-Packard Co are poised to rise by 20 percent over the next year, helped by an expected pickup in information-technology spending, according to an article in the April 7 edition of Barron's.
Mozilla CEO's exit tests Silicon Valley's tolerance
(In April 4 story, corrects paragraph three to show Proposition 8 was struck down in U.S. federal court, not by U.S. Supreme Court)
Amazon launches Amazon Dash for delivery of groceries, household items
(Reuters) - Amazon.com Inc launched a new product named Amazon Dash on Friday that allows the user to add groceries and household goods to their shopping lists using the company's AmazonFresh service.
Exclusive: Symantec to hire banks for advice, activism defense - sources
NEW YORK (Reuters) - Anti-virus and security software maker Symantec Corp, which recently fired its chief executive amid declining sales and fierce competition, is in the process of hiring banks to help advise on strategy and defend against possible activist investors, according to several people familiar with the matter.
Internet companies' growing ambitions spook 51 percent of Americans: Reuters/Ipsos poll
SAN FRANCISCO (Reuters) - The personal data gathering abilities of Google, Facebook and other tech companies has sparked growing unease among Americans, with a majority worried that Internet companies are encroaching too much upon their lives, a new poll showed.
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