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Thursday, July 19, 2012

Technology Report: Verizon wireline business disappoints, shares off 2.5 percent

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07/19/2012
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Verizon wireline business disappoints, shares off 2.5 percent
(Reuters) - Weakness in Verizon Communications Inc's enterprise business offset a better-than-expected wireless quarter, sending the telephone company's shares down 2.5 percent.
Dish loses 10,000 subscribers in the second quarter
(Reuters) - Dish Network Corp, the No. 2 satellite provider in the United States, said on Thursday it lost 10,000 net subscribers in the three months ended June 30.
Nokia's cash reserves hold up despite big loss
HELSINKI (Reuters) - Ailing mobile maker Nokia is not burning through its cash as quickly as feared, it revealed on Thursday, as it turned in another thumping loss.
Oracle to buy privately held Skire
(Reuters) - Software maker Oracle Corp said it would buy privately held Skire Inc, which makes software that helps companies plan and execute projects, for an undisclosed amount.
RIM updates developer tools ahead of BlackBerry 10 launch
TORONTO (Reuters) - Research In Motion Ltd has updated the tools it is providing for independent developers to build applications for its twice-delayed BlackBerry 10 platform, the company said on Thursday.
OCZ shares surge on buyout report
(Reuters) - Shares of OCZ Technology Group Inc spiked as much as 21 percent in early trade on a report that larger rival Seagate Technology Plc has offered to buy out the solid-state hard drive maker.
Web access via mobile phone trumps PC in China: report
SHANGHAI (Reuters) - The number of Chinese users accessing the Internet from mobile phones has surpassed that of the personal computer, marking a significant milestone created by the boom of smartphones, a Chinese government report said on Thursday.
Analysts upbeat on eBay, shares soar
(Reuters) - EBay Inc shares rose as much as 10 percent as several brokerages raised their price targets on the stock after growth at the company's online marketplaces and PayPal payment service allowed it to report stronger-than-expected quarterly earnings.
Apple must run "Samsung did not copy iPad" ads: report
LONDON (Reuters) - Apple has been instructed by a British judge to run ads saying that Samsung did not copy its design for the iPad in the latest twist in the ongoing patent battles between the two tech giants, according to Bloomberg.
Sprint to offer auto insurers tracking technology
(Reuters) - U.S. wireless carrier Sprint said on Thursday it will move into the hot market for tracking technology that lets auto insurers monitor how, where and when their customers drive.
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