Technology Report: Facebook goes express to mega-cap status - now valued more than AT&T, Coke

	Click to View in Browser 07/24/2014 Facebook goes express to mega-cap status - now valued more than AT&T, Coke NEW YORK (Reuters) - In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Facebook shares hit record high as market likes earnings (Reuters) - Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue. U.S. app to help emergency responders communicate in crisis NEW YORK (Reuters) - A mobile app from a law enforcement technology firm could soon allow emergency responders from different agencies to communicate seamlessly with each other in a crisis for the first time, sharing files and conducting impromptu conference calls. Google under fire from regulators on EU privacy ruling BRUSSELS (Reuters) - Google's handling of "right to be forgotten" requests from European citizens came under fire by regulators after the search engine firm restricted the removal of Internet links to European sites only, a person familiar with the matter said. Amazon's smartphone fails to kindle a 'Fire' among reviewers (Reuters) - Amazon.com Inc's new "Fire" smartphone features "gimmicks" - such as 3D effects and object scanner - that may not be enough to entice users away from similarly priced Apple Inc iPhones and Samsung's Galaxy S5, reviewers said. Nokia's fortunes brighten on heavy network spending HELSINKI (Reuters) - Nokia surprised investors with strong quarterly earnings and raised its full-year profit margin forecast as network operators install more powerful systems to cope with surging mobile data traffic. LG Electronics flags further mobile improvement after Q2 profit jump SEOUL (Reuters) - LG Electronics Inc signalled further improvement in its mobile business after record smartphone sales propelled the South Korean manufacturer to its highest quarterly profit in more than three years. Swatch Group denies working with Apple on smartwatch ZURICH (Reuters) - Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions. ECB says website hacked, no sensitive data affected FRANKFURT (Reuters) - The European Central Bank said on Thursday its website had been hacked and some email addresses and other contact information stolen but insisted no market-sensitive data were affected. China regulator determines Qualcomm has monopoly: state-run newspaper BEIJING (Reuters) - China's antitrust regulator has confirmed that Qualcomm Inc, one of the world's biggest mobile chipmakers, has a monopoly, the state-run Securities Times newspaper reported on Thursday, as Qualcomm's chief executive held talks in China. Related Video Smartphone app helps non-Arabic speaking Muslims read the Koran With virtual reality, researchers find a sweet spot in farming education 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