Technology Report: Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk

	Click to View in Browser 12/13/2013 Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk SAN FRANCISCO (Reuters) - Qualcomm Inc, the world's biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp. Cisco plans to add 1,700 jobs in Canadian expansion TORONTO (Reuters) - Cisco Systems Inc will expand its research and development operations in Ontario, looking to add 1,700 jobs in the Canadian province over the next six years, the U.S. network equipment maker said on Friday. ARM shares rise on report Google may use its chip designs (Reuters) - British chip designer ARM Holdings Plc's shares rose as much as 5.7 percent after Bloomberg reported on Thursday that Google Inc may use ARM's technology to design its own server processors. Intellectual Ventures settles patent case against Altera (Reuters) - Intellectual Ventures has settled a lawsuit it brought against chipmaker Altera Corp, according to court filings in litigation against a group of semiconductor companies filed by the firm, which has purchased billions of dollars worth of patents. BlackBerry extends deadline to boost capital increase TORONTO (Reuters) - BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option deadline attached to the deal, giving potential investors a chance to buy up to a further $250 million in convertible debt. Twitter backtracks on block feature after users revolt SAN FRANCISCO (Reuters) - Twitter Inc was forced to nix a change to its "block" feature on Thursday after attracting a wave of protest from users who said the new policy empowered perpetrators of online abuse. Lawsuit accuses IBM of hiding China risks amid NSA spy scandal NEW YORK (Reuters) - IBM Corp has been sued by a shareholder who accused it of concealing how its ties to what became a major U.S. spying scandal reduced business in China and ultimately caused its market value to plunge more than $12 billion. Microsoft considers Qualcomm executive as CEO candidate: report SEATTLE (Reuters) - Microsoft Corp is considering Qualcomm Inc Chief Operating Officer Steve Mollenkopf as a candidate for its new chief executive officer, Bloomberg News reported on Thursday, as it reaches the final stages of a four-month search process. Amazon founder Bezos' space company loses challenge over NASA launch pad (Reuters) - A commercial space company owned by Amazon founder Jeff Bezos has lost a challenge over NASA's plans to lease out one of the space shuttle's dormant launch pads in Florida, officials said on Thursday. Related Video Seeded paper solution to Christmas wrapping waste Baggage tracking system to face Xmas travel test 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