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Monday, December 9, 2013

Technology Report: Twitter shares soar, near all-time high

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12/9/2013
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
Twitter shares soar, near all-time high
SAN FRANCISCO (Reuters) - Twitter shares soared more than 9 percent on Monday to their highest level since the company's initial public offering after a spate of product announcements that could boost its revenue prospects.
U.S. tech companies call for more controls on surveillance
LONDON (Reuters) - Eight major U.S. web companies, including Apple, Google and Facebook, made a joint call on Monday for tighter controls on how governments collect personal data, intensifying the furor over online surveillance.
Qualcomm plans smartphone chips with 64-bit technology
SAN FRANCISCO (Reuters) - Qualcomm Inc said on Monday it will make smartphone chips with 64-bit features typically found in personal computers, following Apple Inc and opening the way to more efficient mobile gadgets.
Apps capture life's special memories with digital journals
AMSTERDAM (Reuters) - New apps are keeping track of people's special moments and memories by producing digital scrapbooks and journals that help users log where they have been and what they have done.
Nokia offers $369 million deposit to unfreeze Indian assets
HELSINKI (Reuters) - Nokia has offered to pay a 270 million euro ($369 million) deposit to Indian authorities to unfreeze assets in a tax dispute, according to sources familiar with the matter.
India puts off decision on Vodafone plan to fully own local unit
NEW DELHI (Reuters) - India's foreign investment regulator deferred a decision on Vodafone Group Plc's proposal to take full ownership of its Indian unit in a $1.6 billion deal, two government officials said on Monday.
Alibaba invests $361 million in appliance maker's 'big goods' logistics
HONG KONG/BEIJING (Reuters) - Alibaba Group will invest HK$2.82 billion ($361 million) in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
Snapchat, U.S. messaging service startup, files for restraining order
SAN FRANCISCO (Reuters) - Snapchat, a service that allows users to exchange fleeting photo messages, has filed for a temporary restraining order against Frank Reginald Brown, who claims he came up with the idea for the company.
Samsung may need to offer more to settle patent dispute: Almunia
PARIS (Reuters) - Samsung Electronics Co Ltd will likely need to do more to settle an investigation over whether its use of patent lawsuits against Apple Inc breached EU rules, the EU antitrust chief said on Monday.
AT&T aims to sidestep shareholder request on surveillance data
(Reuters) - AT&T has asked regulators to let it ignore a shareholder request for details of its customer-information sharing with government agencies, a move that could forestall a heated debate at the telecommunications giant's annual meeting.
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