Technology Report: Wealth managers say they hear 'nary a tweet' for Twitter's IPO

	Click to View in Browser 10/25/2013 Wealth managers say they hear 'nary a tweet' for Twitter's IPO NEW YORK (Reuters) - Twitter Inc has set a relatively modest price range for its closely watched initial public offering, but some financial advisers say their clients are not clamoring to invest in the social media phenomenon. Nasdaq says FINRA caps Facebook IPO claims at $41.6 million WASHINGTON (Reuters) - The total value of the claims that market makers can recover after suffering losses due to Nasdaq OMX Group Inc's botched handling of Facebook Inc's initial public offering is $41.6 million, the exchange operator said Friday. NQ Mobile hits back at Muddy Waters, releases account details (Reuters) - NQ Mobile Inc, the Chinese mobile security software company labelled a "massive fraud" by Muddy Waters Research Group, hit back on Friday by releasing details of its bank accounts and threatening legal action. Telecom Italia shares extend losses amid capital hike talk MILAN (Reuters) - Shares in Telecom Italia accelerated losses on Friday afternoon after a report said the debt-laden company might propose a rights issue for up to 2 billion euros ($2.8 billion). Facebook executives coach Brazil politicians before Internet vote BRASILIA (Reuters) - As Brazil threatens to impose strict new regulations on American Internet companies, Facebook offered some of its top politicians free advice this week on how to win "friends" and maximize "likes" on their webpages. Twitter IPO pegs valuation at modest $11 billion SAN FRANCISCO (Reuters) - Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. America Movil shares sink, European strategy up in air MEXICO CITY (Reuters) - Shares in America Movil fell nearly 3 percent on Friday after Latin America's biggest phone company reported a sharply lower profit and on concerns over the investment strategy of billionaire Carlos Slim's flagship company. Germany wants a German Internet as spying scandal rankles PARIS/FRANKFURT (Reuters) - As a diplomatic row rages between the United States and Europe over spying accusations, state-backed Deutsche Telekom wants German communications companies to cooperate to shield local internet traffic from foreign intelligence services. Austrian telecoms watchdog to hear 4G auction gripes VIENNA (Reuters) - Austria's telecoms watchdog will hold a hearing of complaints by operators about the 2 billion euro ($2.8 billion) auction for fourth-generation frequencies, which was criticized for being too expensive. Amazon sales show momentum, analysts boost price targets (Reuters) - Shares of Amazon.com Inc jumped 10 percent at the opening on Friday after the company reported better-than-expected sales growth in North America and indicated strong momentum going into the U.S. holiday season. Related Video Carl Icahn on right track re: Apple- T. Rowe Price's Spencer Solar sail set for deep space voyage in 2015 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