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Thursday, October 17, 2013

Technology Report: Google reports third-quarter revenue of $14.89 billion

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10/17/2013
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Google reports third-quarter revenue of $14.89 billion
SAN FRANCISCO (Reuters) - Google Inc on Thursday said consolidated revenue rose to $14.89 billion in the third quarter from $13.3 billion in the year-ago period.
Lenovo signs non disclosure deal to look at BlackBerry: WSJ
TORONTO (Reuters) - Chinese personal computer maker Lenovo has signed a non-disclosure deal to examine the books of troubled Canadian smartphone maker BlackBerry Ltd, the Wall Street Journal said on Thursday, quoting unnamed sources.
Verizon third-quarter earnings, revenue beat Wall Street estimates
NEW YORK (Reuters) - Verizon Communications Inc on Thursday posted stronger- than-expected third-quarter earnings and revenue driven by wireless growth, sending its shares up 4 percent.
EBay shares fall as analysts cut price targets
(Reuters) - EBay Inc shares fell as much as 6 percent on Thursday after the e-commerce company forecast a lackluster holiday quarter, prompting at least nine brokerages to cut share-price targets.
Fewer iPhone 5C sold than expected, but 5S scarce: Verizon CFO
NEW YORK (Reuters) - Verizon Communications Chief Financial Officer Fran Shammo said Apple Inc's iPhone 5C "undersold expectations" in the third quarter, while its pricier iPhone 5S was in short supply.
Siemens shakeup returns power to country managers
FRANKFURT (Reuters) - Siemens' new Chief Executive Joe Kaeseris is returning more power to lower-level managers around the world with the aim of making the engineering group more nimble.
EU says Samsung offers to stop patent lawsuits in Europe
BRUSSELS (Reuters) - Samsung Electronics has offered to stop taking rivals such as Apple to court in Europe over patent disputes in order to end an antitrust investigation, European Union regulators said on Thursday.
IBM's China-driven revenue slide raises growth fears
(Reuters) - IBM Corp shares fell more than 7 percent on Thursday after a surprisingly steep drop in hardware sales in China fueled concerns the company is struggling to sustain growth through its emerging markets business.
Jury rules in favor of ParkerVision in patent suit against Qualcomm
(Reuters) - Chipmaker ParkerVision Inc said a federal jury in Florida found Qualcomm Inc guilty of direct and indirect infringement of the company's patents, sending ParkerVision shares up as much as 75 percent.
KPN says could resume takeover talks with America Movil
BRUSSELS (Reuters) - America Movil might yet come back to the table for talks on taking over KPN, the head of the Dutch telecoms group said on Thursday after the Mexican company controlled by billionaire Carlos Slim pulled its offer.
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