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Tuesday, November 5, 2013

Technology Report: Investors eye Samsung's cash pile at rare strategy briefing

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11/5/2013
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Investors eye Samsung's cash pile at rare strategy briefing
SEOUL (Reuters) - Investors are likely to press Samsung Electronics Co on dividends and plans to sustain growth as the world's biggest smartphone maker holds its first analysts' briefing in eight years on Wednesday.
Stock options may save tech companies billions in U.S. taxes: report
WASHINGTON (Reuters) - Twitter Inc and 11 other technology companies have enough stock-option tax breaks to avoid paying billions of dollars in taxes over the next several years, a consumer group said on Tuesday.
Early Twitter investors double down on consumer Web start-ups
SAN FRANCISCO (Reuters) - For Twitter Inc's early venture capital backers, some of whom stand to make over 500 times their investment when the company goes public, now is a time not just to celebrate but increase their stakes in mobile and social media.
AOL ad sales rise, but Patch websites weigh on profit
(Reuters) - AOL Inc reported higher-than-expected third-quarter revenue on increased advertising sales, but earnings fell sharply because of challenges at its network of community news websites known as Patch.
T-Mobile US third quarter subscriber growth tops Street estimate
(Reuters) - T-Mobile US Inc, the No. 4 U.S. mobile provider, reported much better-than-expected subscriber growth, outpacing bigger rival AT&T and also putting pressure on other competitors, including market leader Verizon Wireless.
Consumer group hits Orange, SFR with 4G rollout complaint
PARIS (Reuters) - France's consumer watchdog, UFC Que Choisir, said on Tuesday it had filed a legal complaint against mobile phone operators Orange France and Vivendi-owned SFR over marketing practices of their fourth-generation broadband services.
Taiwan's Acer aims to revamp with new CEO and job cuts
TAIPEI (Reuters) - Taiwan's Acer Inc announced a restructuring plan with a new chief executive and 7 percent job cuts on Tuesday following a worse-than-expected net loss of T$13.12 billion ($446 million) in the third quarter.
HTC to slash costs in drive to eke out fourth-quarter profit
TAIPEI (Reuters) - Taiwan smartphone maker HTC Corp said it plans to slash costs by nearly a quarter and sell cheaper devices in a bid to bounce back to profit in October-December.
Canada's Open Text to buy cloud services company for $1.17 billion
(Reuters) - Canadian business software maker Open Text Corp said it would buy privately held cloud services company GXS Group Inc for $1.17 billion.
Google offers live video chats on range of topics with new service
SAN FRANCISCO (Reuters) - Google Inc is launching a service that lets consumers pay for live video chats with experts who can provide everything from step-by-step turkey cooking instructions to marriage counseling.
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