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Monday, January 26, 2015

Technology Report: Microsoft profit falls on sluggish Windows demand, tax charge

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Microsoft profit falls on sluggish Windows demand, tax charge
SEATTLE (Reuters) - Microsoft Corp said on Monday fiscal second-quarter profit fell, as sluggish personal computer sales dampened demand for Windows software and the company had a one-time tax expense relating to an audit in the United States.
Telecom network spending seen rising this year amid 4G boom
PARIS/STOCKHOLM (Reuters) - Europe's telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks, known as 4G, in the United States and China.
Larger-than-usual move for Yahoo shares expected after results
NEW YORK (Reuters) - Yahoo Inc's shares are expected to move nearly twice as much as they have following other recent earnings reports when the company announces fourth-quarter results on Tuesday, options data showed.
IBM dismisses Forbes report of massive layoffs
(Reuters) - IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs.
AT&T to buy NII Holdings' wireless business in Mexico
(Reuters) - AT&T Inc said it would buy bankrupt NII Holdings Inc's wireless business in Mexico for $1.875 billion, less outstanding net debt.
U.S. bitcoin exchange makes debut
NEW YORK (Reuters) - Bitcoin payments processor Coinbase on Monday opened a regulated exchange in the United States for trading the virtual currency, the company said.
Turkish court orders Facebook to block pages insulting Mohammad: media
ANKARA (Reuters) - A Turkish court has ordered Facebook to block a number of pages deemed insulting to the Prophet Mohammad, threatening to stop access to the whole social networking site if it does not comply, state broadcaster TRT reported.
Malaysia Airlines website targeted by hacker group 'Cyber Caliphate'
KUALA LUMPUR (Reuters) - A group calling itself "Official Cyber Caliphate" said it hacked on Monday the official website of national carrier Malaysia Airlines (MAS), but the airline said its data servers remained intact and passenger bookings were not affected.
Europe's telecoms heavyweights call for lighter 'net neutrality' rules
BRUSSELS (Reuters) - The European Union should not force telecoms operators to treat all the traffic on their networks equally as it crafts rules on "net neutrality", several industry bodies said on Monday.
Lenovo's Motorola looks to take market share from China rivals
BEIJING (Reuters) - Motorola, the mobile handset maker bought by China's Lenovo Group Ltd from Google Inc for $2.9 billion, is optimistic about its prospects in the Chinese market, its president told Reuters.
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