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Tuesday, December 17, 2013

Technology Report: Tech executives press Obama to reform surveillance practices

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12/17/2013
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
Tech executives press Obama to reform surveillance practices
WASHINGTON (Reuters) - Technology company executives pressed President Barack Obama on Tuesday to rein in the U.S. government's electronic spying after a court dealt a blow to the administration's surveillance practices.
Microsoft expects CEO appointment early 2014
SEATTLE (Reuters) - The board member leading Microsoft Corp's search for a new chief executive said on Tuesday he expects an appointment to be made early next year, the first time the board has been so specific on timing.
AT&T to sell Connecticut wireline assets to Frontier for $2 billion
(Reuters) - AT&T Inc, the biggest U.S. phone company, said on Tuesday that it would sell its wireline operations in Connecticut to regional telephone operator Frontier Communications for $2 billion in cash, to help fund network upgrades.
Nortel Networks resolves more than $3 billion in bankruptcy claims
(Reuters) - Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.
Facebook to test video ads, opening new revenue source
SAN FRANCISCO (Reuters) - Facebook Inc took a first step on Tuesday toward selling video ads that play automatically in newsfeeds, moving cautiously to unlock a source of revenue that could annoy users.
Most Telecom Italia investors sign up to vote on board's future
MILAN (Reuters) - Investors with a combined 53.8 percent stake in Telecom Italia have registered so far for a key shareholder meeting on December 20 that will decide whether to oust the board, the company said on Tuesday.
Mexico's America Movil connects cable linking Latam, U.S
MEXICO CITY (Reuters) - Latin America's biggest phone company, America Movil, controlled by billionaire Carlos Slim, said on Tuesday it had connected its Mexican lines to a newly built $1.1 billion submarine cable that stretches from South America to the United States.
Sprint, Dish to test wireless broadband service in Texas
(Reuters) - Wireless service provider Sprint Corp and satellite television company Dish Network Corp said they will jointly develop a trial wireless service in Texas, in an apparent sign of improving relations between the companies.
France's Iliad on the attack with smartphone lease deals
PARIS (Reuters) - French mobile telecoms operator Iliad will lease high-end smartphones to subscribers of its low-cost Free Mobile packages in a long-awaited attack on its larger rivals' most profitable business.
Israel's Rounds to integrate Vidyo's video chat technology
TEL AVIV (Reuters) - Rounds will integrate Vidyo's technology into its free video chat service, enabling the Israeli company to offer shared entertainment with high-definition group video conferencing.
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