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Thursday, August 29, 2013

Technology Report: Vodafone in talks to sell Verizon Wireless stake to Verizon

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08/29/2013
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Vodafone in talks to sell Verizon Wireless stake to Verizon
LONDON/NEW YORK (Reuters) - Verizon Communications is back at the table to finally buy out the rest of its stake in Verizon Wireless from UK mobile carrier Vodafone Group PLC in what could be the third-biggest merger-and-acquisitions deal of all time.
Facebook considers adding profile photos to facial recognition
SAN FRANCISCO (Reuters) - Facebook Inc is considering incorporating most of its 1 billion-plus members' profile photos into its growing facial recognition database, expanding the scope of the social network's controversial technology.
China's Xiaomi poaches Google's Barra to power global drive
SAN FRANCISCO (Reuters) - Xiaomi Tech, a fast-growing Chinese maker of cheap smartphones, has hired senior Google Inc Android executive Hugo Barra to spearhead its nascent global expansion.
Canada's Harper says wireless rules do not favor foreign players
OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper on Thursday disputed claims by his country's leading wireless companies that his government's telecommunications rules give unfair advantages to foreign players like Verizon Communications Inc.
Greylock makes $100 million venture bet on marketplaces
SAN FRANCISCO (Reuters) - In a big bet on marketplaces, venture capital firm Greylock Partners is promoting former eBay Motors founder Simon Rothman to partner, and dedicating $100 million to the sector.
WPP raises 2013 forecast as rivals' merger spurs acquisitions
LONDON (Reuters) - WPP, the world's largest advertising agency, slightly raised its 2013 forecast on Thursday due to rising revenues and said the merger of two major rivals would spur it to step up its pace of small and medium acquisitions.
Playtech looking to spend $800 million on acquisitions, chairman quits
LONDON (Reuters) - Gaming software developer Playtech is looking to spend more than 600 million euros ($800 million) on acquisitions, as it looks to take advantage of more people betting on bingo and sport on their mobile phones and tablets.
In Facebook's first pay vote, tough love from an old friend
(Reuters) - Some of Mark Zuckerberg's mutual fund backers delivered a tough message on compensation for the leaders of Facebook Inc.
Britain has 4G competition as operators jump from one to three
LONDON (Reuters) - Britain will catapult into the superfast mobile top division on Thursday when operators O2 and Vodafone finally launch 4G services to compete with market leader EE.
Sharp ends talks with Samsung over copier JV: Kyodo
(Reuters) - Sharp Corp, Japan's largest display maker, has called off talks with Samsung Electronics Co Ltd to jointly set up a copier sales company, the Kyodo said.
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