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Tuesday, December 10, 2013

Technology Report: Twitter shares touch new high, sail past $52

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12/10/2013
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 touch new high, sail past $52
SAN FRANCISCO (Reuters) - Investors piled into Twitter Inc for the second straight day, lifting its shares to more than $52 and setting a new intraday high on Tuesday even in the absence of any significant announcements from the social media debutante.
India court seeks value of Nokia factory seized in tax dispute
(Reuters) - An Indian court extended a hearing over local tax authorities' seizure of a Nokia factory by seeking information on the plant value, adding to concerns whether the company can transfer the property to Microsoft as part of the sale of its mobile phone business.
Telecom Italia board not considering TIM Brasil break-up plan: CEO
ROME (Reuters) - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.
Chinese hackers spied on Europeans before G20 meeting: researcher
BOSTON (Reuters) - Chinese hackers eavesdropped on the computers of five European foreign ministries before last September's G20 Summit, which was dominated by the Syrian crisis, according to research by computer security firm FireEye Inc
Google bus blocked in San Francisco gentrification protest
SAN FRANCISCO (Reuters) - A Google Inc commuter bus was blocked in San Francisco's Mission district for about a half hour Monday morning, highlighting many residents' growing concern that an influx of affluent technology workers is driving up costs in the city.
Bid deadline for Canada's Mobilicity delayed by a week
TORONTO (Reuters) - The court-appointed monitor for struggling Canadian wireless startup Mobilicity has extended the deadline for suitors to bid for the company by a week to December 16, a regulatory filing shows.
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.
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.
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.
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