Technology Report: Groupon CEO cautious on Groupon NOW business

02/16/2012 Groupon CEO cautious on Groupon NOW business SAN FRANCISCO (Reuters) - Groupon Inc Chief Executive Andrew Mason said on Thursday that the company's location-based service Groupon NOW will likely not be a material contributor to results in the next one or two quarters. Former executives, bankers arrested over Olympus fraud TOKYO (Reuters) - Japanese police and prosecutors have arrested seven men, including the former president of Olympus Corp and ex-bankers over a $1.7 billion accounting fraud -- one of the country's biggest corporate scandals. Amazon downgraded by Morgan Stanley; shares fall SAN FRANCISCO (Reuters) - Amazon.com Inc shares were downgraded by Morgan Stanley analysts on Thursday on concern about competition from Apple Inc and slowing sales growth. Limits sought on electronic driver distractions WASHINGTON (Reuters) - The Obama administration wants limits on vehicle features that allow drivers to text and make cellphone calls while the car is moving, the centerpiece of a broader effort to curb distracted driving. EU court: Social networks can't be piracy brakes BRUSSELS (Reuters) - Online social networks cannot be forced to block users from downloading songs illegally, as this would push up their costs and infringe privacy, Europe's highest court said on Thursday, adding to a worldwide debate on internet policing. In homes with tablets, most kids use them: Nielsen About 70 percent of children in households with tablet computers used these devices, according to fourth-quarter results from research firm Nielsen. Telcos want higher network charges in EU BRUSSELS (Reuters) - Telecoms providers should be able to raise prices charged to rivals for using their networks to help spur investment in faster fiber optics, industry body ETNO said on Thursday. More Chinese cities halt Apple iPad orders: reports HONG KONG (Reuters) - Retailers in more Chinese cities have been told by authorities to take the popular iPad tablet PCs off their shelves this week, media reports said on Thursday, due to a legal battle between a Chinese technology firm and Apple Inc over trademark issues. Intellectual Ventures sues three U.S. mobile telcos Feb 16, Reuters - Intellectual Ventures, a privately held patent holding company co-founded by a former Microsoft Corp executive, sued three of the four top U.S. mobile providers for patent infringement. Chinese Commerce Ministry reviewing Google/Motorola deal BEIJING (Reuters) - The Chinese Commerce Ministry is reviewing Google Inc's $12.5 billion purchase of Motorola Mobility Holdings Inc, a ministry spokesman said on Thursday. Related Video Bomb-proof bins for London streets Lights, camera...corporate video? Mediafile Lars Paronen Tech wrap: Apple teases "Mountain Lion" Bill Rigby Microsoft's msnNOW targets hot news, gossip A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend