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Thursday, December 29, 2011

Technology Report: Verizon says fixed third December service outage

Reuters
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12/29/2011
News Good afternoon
 Amazon.com shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter.

Free Wi-Fi is on its way to some Japanese vending machines, reports gizmag. Much like a mobile hotspot at a local coffee shop, people near the machines would be able to connect to the internet for 30 minutes at a time and surf the web.

Just when you thought you'd never hear the words HP TouchPad ever again, the miniature version of the tablet computer that caused a frenzy when it went on sale for $99 has emerged: the HP TouchPad Go, reports the International Business Times.

Next year will see one more regional Internet registry run out of IPv4 addresses, but networking experts say 2012 will be more of a year to prepare for the inevitable shift to IPv6 than an Internet doomsday, IDG News Service reports.

As 2011's mediocre stock market returns become final, technology investors would be wise to keep an eye on these U.S. initial public offerings of technology companies for 2012, International Business Times predicts.
LATEST NEWS
Verizon says fixed third December service outage
December 29, 2011 10:48 AM ET
NEW YORK (Reuters) - Verizon Wireless said on Thursday that it had resolved an "issue" with its high-speed wireless network overnight, after its third widely reported problem in a month. | Full Article
Alibaba hires U.S. lobbying firm as it eyes Yahoo
December 28, 2011 11:21 PM ET
(Reuters) - Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail. | Full Article
Court says letter in HP Hurd case should be released
December 29, 2011 02:39 PM ET
(Reuters) - An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant. | Full Article
Amazon shares dip on growth concerns
December 29, 2011 01:47 PM ET
(Reuters) - Amazon.com Inc shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter. | Full Article
U.S. court upholds telecom immunity for surveillance
December 29, 2011 02:20 PM ET
(Reuters) - A U.S. appeals panel on Thursday upheld immunity for telecom companies that assist the U.S. government in conducting surveillance of American citizens. | Full Article
BUSINESS NEWS
Wall St extends gains; Dow up 1 percent
December 29, 2011 03:21 PM ET
NEW YORK (Reuters) - U.S. stocks extended gains on Thursday, with the Dow rising slightly more than 1 percent, led by financial and industrial shares. | Full Article
Economy gaining momentum, housing shows a pulse
December 29, 2011 03:14 PM ET
WASHINGTON (Reuters) - New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended. | Full Article
Pending home sales rise to 1.5 year high
December 29, 2011 10:37 AM ET
WASHINGTON (Reuters) - Pending sales of existing homes surged to a 1-1/2 year high in November, an industry group said on Thursday, offering more signs of a tentative recovery in the housing market. | Full Article
Italy seeks bigger euro fund after tough debt sale
December 29, 2011 01:46 PM ET
MILAN/ROME (Reuters) - Italian Prime Minister Mario Monti sought reinforcement for the euro zone's bailout fund and pledged new efforts to boost the economy after a disappointing bond auction on Thursday underlined the threat to the country's shaky public finances. | Full Article
Financial market credit tightened at year end: Fed
December 29, 2011 02:26 PM ET
WASHINGTON (Reuters) - Banks tightened the screws on lending to major financial market participants in recent months, the U.S. Federal Reserve said on Thursday, reflecting concerns about Europe's banking crisis. | Full Article
U.S. TOP NEWS
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