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Wednesday, January 21, 2015

Technology Report: Ebay to cut about 2,400 positions in current quarter

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01/21/2015
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Ebay to cut about 2,400 positions in current quarter
(Reuters) - Online retailer Ebay Inc said it plans to cut about 2,400 positions, or 7 percent of its workforce across eBay marketplaces, PayPal, and eBay enterprise in the current quarter to simplify its organizational structure.
Google, Viacom win dismissal of children's web privacy lawsuit
(Reuters) - Google Inc and Viacom Inc won the dismissal of a nationwide privacy lawsuit accusing them of illegally tracking the Internet activity of boys and girls who visited Nickelodeon's website, in order to send targeted advertising.
Microsoft to give away Windows 10, unveils hologram glasses
SEATTLE (Reuters) - Microsoft Corp will give away its upcoming Windows 10 operating system as a free upgrade to users of the most recent versions of Windows and Windows Phone, as the world's largest software company tries to retain customers in the mobile era.
Uber to raise $1.6 billion in convertible debt: source
(Reuters) - Online ride-sharing company Uber Technologies Inc has raised $1.6 billion in convertible debt from wealth management clients of Goldman Sachs Group Inc , a person familiar with the matter told Reuters.
EU could demand that Web firms decrypt emails: adviser
BRUSSELS (Reuters) - The European Union should consider forcing Internet firms to help security services tap into coded emails and calls as part of a new strategy to combat militant attacks, the EU counter-terrorism coordinator says.
Netflix's accelerated global rollout catches Wall Street off guard
(Reuters) - Netflix Inc's faster-than-expected rollout in overseas markets took most analysts by surprise, setting off a flurry of price target increases on the stock.
F5 Networks revenue misses estimates as big deals slow down
(Reuters) - Network equipment maker F5 Networks Inc reported revenue that missed Wall Street's estimates for the first time in eight quarters due to fall in the number of large deals.
iPhone 6 hands Apple record share of Samsung's home market
SEOUL, (Reuters) - Apple Inc is chipping away at Samsung Electronics Co Ltd's dominant position in its home turf of South Korea - thanks to its new iPhone 6 series.
In Netflix China push, domestic tech giants, online habits block path to success
BEIJING/LOS ANGELES (Reuters) - As Netflix Inc tackles stalling U.S. growth, the online video pioneer known for hit political drama "House of Cards" plans a play for China that may see it lock horns with potent domestic firms that rule the world's biggest Internet market.
Samsung drops Qualcomm processors in next Galaxy S: report
SEOUL (Reuters) - Samsung Electronics Co Ltd will not use Qualcomm Inc's processors for the next version of the South Korean technology giant's flagship Galaxy S smartphone, Bloomberg reported on Wednesday, citing unidentified sources.
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