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Monday, January 12, 2015

Technology Report: Microsoft, Google tangle over Windows security patch

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Microsoft, Google tangle over Windows security patch
SEATTLE (Reuters) - Microsoft Corp has complained publicly about tech rival Google Inc revealing a security flaw in its Windows 8.1 system just days before Microsoft was scheduled to roll out a fix for the problem, potentially exposing users to hacking.
Exclusive: Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker
HONG KONG/BEIJING (Reuters) - Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China's top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialized, several people with knowledge of the matter told Reuters.
Sony CEO eyes options as pressure mounts on weak TV, mobile
LAS VEGAS (Reuters) - Sony Corp CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy "The Interview", but his toughest moment may be just arriving as he prepares a new business revival plan.
Accused Silk Road creator goes to trial amid U.S. scrutiny of bitcoin
NEW YORK (Reuters) - A U.S. crackdown on use of the digital currency bitcoin for drug trafficking and other crimes is headed for its highest-profile test yet, as a trial begins for the alleged creator of an online marketplace catering to vice.
SanDisk's memory chip sales weak, shares fall
(Reuters) - SanDisk Corp said it expects fourth-quarter revenue to be lower than its forecast, citing weaker-than-expected sales of retail products and flash memory storage chips.
Bitcoin storage firm secures 'Big Four' financial accreditation
LONDON (Reuters) - Elliptic, a firm that stores bitcoins for financial services clients, said it had received an accreditation from a "Big Four" accounting firm that signified it operates on the same standards as a custodian bank.
Supreme Court seek Obama administration views on Google-Oracle dispute
WASHINGTON (Reuters) - The Supreme Court on Monday asked the U.S. government to weigh in on whether the justices should hear a closely watched copyright dispute between Google Inc and Oracle Corp over software used to design Google's Android smartphone operating system.
SAP profit holds up in fourth quarter as cloud shift accelerates
FRANKFURT (Reuters) - Germany's SAP on Monday reported an accelerating shift by business customers to internet-delivered cloud software, as it eked out a 1 percent rise in operating profit for the fourth quarter thanks to stable demand for its more classic software.
Ellison's backing helps Kurian's star to rise at Oracle
NEW YORK (Reuters) - Every Tuesday and Wednesday at around 2 pm, Larry Ellison, the founder of Oracle Corp, gathers his lieutenants in the board room on the top floor of the software giant's headquarters in Redwood City, California to hear engineers present new products and strategies.
Alibaba, South Korea city in talks for $923 million joint investment: paper
SEOUL (Reuters) - China's Alibaba Group Holding Ltd is in talks with the South Korean city of Incheon for a 1 trillion won (about $923 million) joint investment on a new business complex, the Dong-A Ilbo daily reported on Monday.
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