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Wednesday, November 21, 2012

Technology Report: In HP-Autonomy debacle, many advisers but little good advice

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11/21/2012
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In HP-Autonomy debacle, many advisers but little good advice
(Reuters) - When Hewlett Packard acquired Autonomy last year for $11.1 billion, some 15 different financial, legal and accounting firms were involved in the transaction -- and none raised a flag about what HP said Tuesday was a major accounting fraud.
Facebook to share data with Instagram, loosen email rules
SAN FRANCISCO (Reuters) - Facebook Inc is proposing to combine user data with that of recently acquired photo-sharing service Instagram, and will loosen restrictions on emails between members of the social network.
Finnish app store startup bets on Android in Asia
HELSINKI (Reuters) - Finnish technology startup Blaast on Wednesday opened an Android application store hoping to tap into booming demand for affordable smartphones in Indonesia and other emerging markets.
Microsoft vs. Google trial over patents finishes up
SEATTLE (Reuters) - A Google expert witness testified on Tuesday that Microsoft will make roughly $94 billion in revenue through 2017 from its Xbox game console and Surface tablet that use Google's patented wireless technology.
Holiday online spending has early, strong start: comScore
SAN FRANCISCO (Reuters) - Holiday season online spending got off to an early and strong start, spurred by rising consumer confidence and retailer promotions ahead of the traditional big shopping days, comScore Inc said on Wednesday.
Imagination Tech faces competition for MIPS buy
LONDON (Reuters) - British microprocessing firm Imagination Technologies' $60 million pursuit of the operating business of MIPS Technologies faces competition after the U.S. company received a higher bid from a rival firm.
Tablets, discounters top U.S. holiday shopping lists: Reuters/Ipsos
(Reuters) - Move over computers, your sleek siblings are the prized gift of the holidays.
France in talks with Google over tax audit: minister
Nov 20 - France is in talks with Google over an ongoing tax audit and payment of back taxes, the country's budget minister said on Tuesday, adding the administration had "convincing" proof to back up its claims.
Facebook director Andreessen sells $54 million in shares to cover taxes
SAN FRANCISCO (Reuters) - Facebook Inc board member Marc Andreessen sold roughly $54 million worth of shares in the social networking company on Monday to cover taxes he owes on his holdings.
BlackBerry maker wins vote of confidence ahead of BB10
TORONTO (Reuters) - Research In Motion Ltd, for months enveloped by a wave of negative sentiment, got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM's make-or-break new line of BlackBerry 10 devices.
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