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Wednesday, February 4, 2015

Technology Report: Accused Silk Road operator convicted on U.S. drug charges

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Accused Silk Road operator convicted on U.S. drug charges
NEW YORK (Reuters) - The suspected operator of the underground website Silk Road was convicted on Wednesday on narcotics and other criminal charges for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.
Sony trims loss forecast after strong third quarter on higher sensor sales
TOKYO (Reuters) - Japan's Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and strong sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates.
Twitter shares poised for big move after results
NEW YORK (Reuters) - Twitter Inc shares are poised for a big move after it reports quarterly results on Thursday, according to options-market data, with user growth at the social media service possibly holding the key to whether shares rise or fall, analysts said.
White House 'encouraged' by FCC's net neutrality proposal
WASHINGTON (Reuters) - The White House is "encouraged" by a policy released by the U.S. Federal Communication Commission (FCC) on Wednesday regarding Internet regulations known as net neutrality.
Software maker Tableau's revenue trumps estimates
(Reuters) - Tableau Software Inc reported a better-than-expected 75 percent rise in quarterly revenue, helped by strong demand for its data analytics products from businesses.
Cognizant forecasts higher revenue growth as healthcare spending rises
(Reuters) - Cognizant Technology Solutions Corp's fourth-quarter revenue rose more than expected and the IT services provider forecast a pick up in annual revenue growth as healthcare and financial services clients in North America boost spending.
China to ban online impersonation accounts, enforce real-name registration
BEIJING (Reuters) - China will ban from March 1 internet accounts that impersonate people or organizations, and enforce the requirement that people use real names when registering accounts online, its internet watchdog said on Wednesday.
Uber proposes new registration system for South Korea drivers
SEOUL (Reuters) - Online ride-service provider Uber Technologies Inc proposed on Wednesday a new registration system for its drivers in South Korea, seeking to overcome a ban on connecting passengers to private cars in Asia's fourth-largest economy.
Micromax overtakes Samsung in India smartphone market: Canalys research
MUMBAI (Reuters) - Indian budget smartphone maker Micromax overtook Samsung Electronics Co Ltd in the fourth quarter as the leading supplier in India's booming smartphone market, research firm Canalys said.
Ford CEO worries cars may get commoditized like mobile handsets
BOCHUM, Germany (Reuters) - Ford Motor Co Chief Executive Mark Fields said carmakers faced the challenge of avoiding becoming dependent on someone else's business model as companies from new industries increasingly enter the auto trade.
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