Technology Report: Facebook shares back on roller-coaster, but analysts see value

	Click to View in Browser 10/31/2013 Facebook shares back on roller-coaster, but analysts see value (Reuters) - More than a dozen brokerages increased their price targets on Facebook Inc shares on Thursday. Google launches 'KitKat' software, sweetens features on range of phones SAN FRANCISCO (Reuters) - Google Inc on Thursday unveiled the newest version of its Android smartphone software, aiming to allow more smartphone users access to its evolving menu of online services such as driving directions voice-activated search. Gogo says U.S. move on inflight devices 'favorable tailwind' NEW YORK (Reuters) - The U.S. decision to allow greater use of electronic devices on flights is "another favorable tailwind" for Gogo Inc., the internet provider for 80 percent of the U.S. commercial aircraft fleet, its chief executive told Reuters on Thursday. German journalists urged to shun Google and Yahoo FRANKFURT (Reuters) - The union representing German journalists advised its members on Thursday to stop using Google and Yahoo because of reported snooping by U.S. and British intelligence. Oracle shareholders give Ellison's pay a thumbs down SAN FRANCISCO (Reuters) - A majority of shareholders opposed Oracle Corp Chief Executive Larry Ellison's pay in a non-binding vote on Thursday following complaints that the world's third-richest man makes too much as his company struggles against smaller rivals. Panasonic raises full-year operating profit forecast TOKYO (Reuters) - Panasonic raised its full-year earnings forecast as expected, with strong sales of its automotive systems and eco-friendly technology powering its transformation into an industrial components supplier from a consumer electronics brand. U.S. IRS warns of telephone tax scam involving fake caller IDs WASHINGTON (Reuters) - The U.S. Internal Revenue Service warned on Thursday about a growing tax scam in which fraudsters display an IRS phone number on the intended victim's caller ID and demand money. Sony slashes profit outlook with TV business back in red TOKYO (Reuters) - Sony Corp cut its full-year profit targets after slipping to a quarterly net loss as its recovering TV operation relapsed into the red. Finland says government's data network hit by severe hacking HELSINKI (Reuters) - Finland's foreign minister said on Thursday foreign intelligence agents had carried out large-scale hacking into government communications, and a Finnish TV station said China and Russia were suspected. U.S. to allow expanded electronic device use on flights WASHINGTON (Reuters) - Airline passengers will soon be able to use electronic devices throughout their entire flight after the U.S. Federal Aviation Administration ended a long-standing ban on Thursday. Related Video Cellphones, e-readers usage expanded on airplanes Bitcoins made simple: Go to an ATM Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend