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Wednesday, December 18, 2013

Technology Report: Facebook, Zuckerberg, banks must face IPO lawsuit: judge

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12/18/2013
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
Facebook, Zuckerberg, banks must face IPO lawsuit: judge
NEW YORK (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its health before its $16 billion initial public offering, a federal judge said.
Obama to release review panel's report on surveillance practices
WASHINGTON (Reuters) - President Barack Obama prepared to release an independent panel's review of U.S. intelligence practices on Wednesday in a prelude to announcing a broad set of new policy procedures aimed at reining in the National Security Agency.
Video analytics startup Vidyard could list within two years
(Reuters) - When InContact Inc, a provider of internet-based call center services, wanted to gauge the success of its video marketing campaign, it turned to Canadian video analytics startup Vidyard.
Chinese technology smuggler sentenced to 3 years
DENVER (Reuters) - A Chinese citizen convicted of trying to smuggle American-made radiation-hardened microchips from California to China was sentenced Wednesday to three years in U.S. prison.
China Mobile chairman says still in talks with Apple on iPhone deal
TAIPEI (Reuters) - China Mobile Ltd said it's still in talks with Apple Inc to sell iPhones amid mounting industry speculation that the pair are about to announce a deal to net the technology giant hundreds of millions of potential new customers.
Oracle's new software sales fell 1 percent in second quarter
SAN FRANCISCO (Reuters) - Oracle Corp on Wednesday reported a 1 percent decrease in new software sales and Internet-based software subscriptions but quarterly revenue and earnings per share exceeded analysts' expectations.
Italy revises 'Google tax' to exclude goods purchased online
ROME (Reuters) - Italian lawmakers have revised proposed legislation that would raise revenue from online companies including Google and Amazon, but its passage is still uncertain as the leader of the main ruling party said it should be scrapped.
Exclusive: Telefonica gets time to loosen grip in Brazil
MADRID (Reuters) - Telefonica has been given 18 months to loosen its grip on the Brazilian mobile phone market, sources said, time which may help the Spanish group ward off an investor rebellion against its strategy.
IT problems delay efforts to compare risk at global banks
LONDON (Reuters) - Regulators will take longer than expected to assess risk at a third of the world's biggest banks because of IT delays, banking supervisors said on Wednesday.
BA eases curbs on handheld devices during take-off
LONDON (Reuters) - British Airways is to become the first airline in Europe to allow their passengers to keep their phones and tablet computers switched on throughout their journey, the company said on Wednesday.
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