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Monday, October 7, 2013

Technology Report: Twitter gets 'buy' rating even before listing

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10/7/2013
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
Twitter gets 'buy' rating even before listing
(Reuters) - Twitter Inc's share price could almost double in its first year as a listed company, a brokerage firm said, issuing a "buy" rating on the stock even before the online messaging service goes public.
BlackBerry shares up on interest from strategic buyers
TORONTO (Reuters) - Shares of BlackBerry Ltd rose 4 percent on Monday, following news of potential interest from strategic buyers in the embattled smartphone company and an analyst upgrade on the company's stock.
Alcatel-Lucent to cut 10,000 jobs: reports
PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent plans to reduce its staff by 10,000 as part of a cost-cutting drive to save 1 billion euros ($1.4 billion) by 2015, Les Echos and Le Figaro newspapers reported on their websites on Monday.
Sawiris ups Telecom Italia short position after Telefonica wins control
MILAN/LONDON (Reuters) - Egyptian tycoon Naguib Sawiris has increased his short position in Telecom Italia shares after Telefonica struck a deal to gradually take control of the debt-laden Italian operator.
Vodacom, MTN slide on South African call rate cuts
JOHANNESBURG (Reuters) - Shares of South African mobile operators Vodacom Group and MTN Group fell sharply on Monday after the telecoms regulator said it planned to cut by 75 percent the fees they can charge rivals to use their network.
S&P puts Telecom Italia on creditwatch for possible cut to junk
MILAN (Reuters) - Standard and Poor's said on Monday it had placed the ratings of Italy's Telecom Italia on creditwatch negative for a possible downgrade to junk status, citing rising management and governance concerns.
TI Media in talks with L'Espresso on broadcasting tie-up
MILAN (Reuters) - Italy's Telecom Italia Media has signed a non-binding term sheet with publisher L'Espresso to pave the way for a tie-up of their digital broadcasting activities.
TI Media, L'Espresso in talks for broadcasting tie-up
MILAN (Reuters) - Telecom Italia Media said on Monday it had signed a non-binding term sheet with publisher L'Espresso to pave the way for a tie-up of their digital broadcasting activities.
Hawk-Eye's vision extends to soccer and beyond
BASINGSTOKE, England (Reuters) - Blatant foul or theatrical dive? Penalty kick or yellow card?
Amazon to invest in new logistics centers in Poland
BERLIN (Reuters) - Amazon.com will invest in three new logistics centers in Poland, creating 6,000 new jobs over the next two years as part of expansion in Europe, a spokesman said on Monday.
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