The Other Side of Life 24/7: Technology Report: Advisers still shaky on social media policy

Wednesday, May 30, 2012

Technology Report: Advisers still shaky on social media policy

Reuters » Technology Report

05/30/2012

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Advisers still shaky on social media policy

(Reuters) - As the securities industry finally warms up to using social media sites such as Facebook and LinkedIn, regulators are discovering that brokerages and investment advisers are off to a rocky start.

Analysis: Even after hiring bankers, RIM running out of options

TORONTO/NEW YORK (Reuters) - BlackBerry maker Research In Motion Ltd may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.

Congress to look at future of Internet control

WASHINGTON (Reuters) - U.S. lawmakers will delve on Thursday into an international debate on whether to hand more control of the Internet to the United Nations, a move many fear would turn it into a political bargaining chip for censorship and global taxes on Web companies.

IP traffic to grow 29 percent per year through 2016: Cisco

(Reuters) - Network equipment maker Cisco Systems Inc said Internet Protocol traffic is expected to grow at a compound annual rate of 29 percent in the next four years mainly due to strong demand for video and the prevalence of devices such as smartphones, tablets and chips that monitor energy consumption.

Analysts skeptical as RIM reviews strategy

(Reuters) - Research In Motion Ltd's move to hire bankers for a strategic review and scout for partnerships prompted a slew of price-target cuts from analysts, who were skeptical about the BlackBerry maker's ability to attract a buyer.

ABB fuels data centre growth with DC power

LUPFIG, Switzerland (Reuters) - Swiss engineer ABB is targeting annual growth of 20-25 percent in the expanding data centre market by using more energy efficient direct current technology, the head of its Low Voltage Products said on Wednesday.

Verizon doubling FiOS speed to 300 megabits/second

(Reuters) - Verizon Communications Inc plans to double its fastest home Internet download speed to 300 megabits per second (mbps) next month, creating what it says will be the highest-speed U.S. residential service.

Former Finnish PM Aho to leave Nokia management

HELSINKI (Reuters) - Former Finnish Prime Minister Esko Aho, who has headed government and public affairs at Nokia, will step down from his position on the management team to take a position as Senior Fellow at Harvard University.

Lee family scraps over some of Samsung riches

SEOUL (Reuters) - Lawyers for Lee Kun-hee said on Wednesday the chairman of Samsung Electronics had been chosen by his father, the Samsung Group's founder, to lead the conglomerate and so was free to transfer shares of group companies to maintain control.

Olympus to cut 2,500 jobs, sell equity stake: media

TOKYO (Reuters) - Japan's Olympus Corp, hit by a $1.7 billion fraud scandal, plans to shed 2,500 workers and sell an equity stake to either Sony Corp or Panasonic Corp in a bid to bolster its finances, local media reported Wednesday.