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Monday, December 24, 2012

Technology Report: Instagram furor triggers first class action lawsuit

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12/24/2012
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
Instagram furor triggers first class action lawsuit
SAN FRANCISCO (Reuters) - Facebook's Instagram photo sharing service has been hit with what appears to be the first civil lawsuit to result from changed service terms that prompted howls of protest last week.
Mundie, one of Gates' successors, to retire from Microsoft
NEW YORK (Reuters) - Craig Mundie, one of two Microsoft Corp executives who took over Bill Gates' role at the company, has relinquished control of Microsoft's large research organization and is to retire from the company in 2014.
Apps to help achieve New Year's resolutions
(Reuters) - Whether it is improving health or managing finances better, about 87 percent of Americans will make resolutions for 2013 and there are plenty of apps to help them achieve their goals.
Carlyle takes on KKR in race for Reynolds and Reynolds: sources
NEW YORK (Reuters) - Private equity firms Carlyle Group LP and KKR & Co LP have emerged as the lead contenders to take over Reynolds and Reynolds, a software company hoping to sell itself for $5 billion, three people familiar with the matter said.
Wells Fargo Web site troubles persist, U.S. OCC issues cyber alert
(Reuters) - Wells Fargo & Co customers on Friday had trouble accessing the bank's Web site for a fourth day, as a federal regulator reiterated the need for banks to have systems in place to ward off cyber attacks.
Analysis: Amazon, Google on collision course in 2013
SAN FRANCISCO (Reuters) - When Amazon.com Inc CEO Jeff Bezos got word of a project at Google Inc to scan and digitize product catalogs a decade ago, the seeds of a burgeoning rivalry were planted.
Google working on "X Phone", "X" tablet to take on rivals - WSJ
(Reuters) - Google Inc is working with recently acquired Motorola on a handset codenamed "X-phone", aimed at grabbing market share from Apple Inc and Samsung Electronics Co Ltd, the Wall Street Journal said, citing people familiar with the matter.
Analysis: Apple's swoon exposes risk lurking in mutual funds
NEW YORK (Reuters) - The nearly 28 percent decline in shares of Apple Inc since mid-September isn't just painful to individual shareholders. It's also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $705 per share.
RIM shares dive as fee changes catch market off guard
(Reuters) - Shares of BlackBerry maker Research In Motion Ltd plunged more than 20 percent on Friday on fears that a new fee structure for its high-margin services segment could put pressure on the business that has set the company apart from its competitors.
France extends deadline for publishers' talks with Google
PARIS (Reuters) - The French government said it would extend to the end of January the deadline for talks between Google Inc and the French press to settle a dispute over the search engine's links to online news articles.
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