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Monday, November 17, 2014

Technology Report: Facebook service aimed at professionals to launch in a few months: source

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Facebook service aimed at professionals to launch in a few months: source
SAN FRANCISCO (Reuters) - Facebook Inc's professional version of its social network aimed at businesses will launch in the next few months, a person familiar with the matter told Reuters on Monday.
Zynga's chairman, directors must face lawsuit over stock sales: court
(Reuters) - Mark Pincus, the founder of video game company Zynga Inc, must face a lawsuit alleging he unfairly benefited by selling $192 million of stock in 2012 when other early investors were under a lockup agreement, according to a court ruling.
FCC chief proposes hiking schools' Internet subsidy by 62 percent
WASHINGTON (Reuters) - U.S. communications regulators are expected to vote Dec. 11 on whether to boost funding for the largest U.S. educational technology subsidy program, E-Rate, by 62 percent to help connect more schools and libraries to high-speed Internet.
Rocket Internet to launch another 10 start-ups in 2015
BERLIN (Reuters) - Rocket Internet , the global e-commerce investor, expects to launch at least another 10 start-ups in 2015 and said it would work more closely with Facebook on advertising.
Apple's China app store now open for UnionPay card payments
BEIJING (Reuters) - Apple Inc's app store in China now accepts payments made using China's UnionPay credit and debit cards, the iPhone maker said on Monday, making purchases easier for users in Apple's second-largest app market.
World's top drugmaker Novartis takes aim at tech
LONDON (Reuters) - Talent spotters from Novartis AG, charged with bringing new ideas into the organization, are casting their net beyond biotech into the wider pool of wearable, or even edible, technology.
Google Glass future clouded as some early believers lose faith
SAN FRANCISCO (Reuters) - After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday.
China's Tianhe-2 retains top supercomputer rank
(Reuters) - The Tianhe-2, a supercomputer developed by China's National University of Defense Technology, was named the world' top supercomputer for the fourth consecutive time by the TOP500 project.
Little-known Taiwanese chip designer spawns low-priced smartphone boom
TAIPEI (Reuters) - Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electronics and circuitry.
Chinese policymakers eye e-commerce as linchpin of growth
BEIJING (Reuters) - China should support its e-commerce industry with preferential policies, given the role it plays in stimulating domestic consumption and economic growth, China's State Council said in a paper released on Sunday.
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