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Tuesday, July 1, 2014

Technology Report: Google buys music streaming service Songza

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07/1/2014
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Google buys music streaming service Songza
SAN FRANCISCO (Reuters) - Google Inc has acquired streaming music service Songza, the Internet search company's latest move to play a bigger role in the fast-growing online music business.
Twitter names former Goldman executive Noto as CFO
(Reuters) - Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances. Twitter shares rose as much as 4.8 percent after the messaging service announced its latest upper-management shake-up. The previous CFO, Mike Gupta, was named senior vice president of strategic investments on Tuesday.
U.S. sues T-Mobile USA, alleges cramming of bogus charges on bills
WASHINGTON (Reuters) - U.S. authorities filed a complaint against T-Mobile USA on Tuesday, accusing the wireless provider of adding millions of dollars of unauthorized charges onto customers' bills, a practice known as "cramming."
French start-up Viadeo sets IPO price at bottom of range
PARIS (Reuters) - French start-up Viadeo, the biggest online network for job seekers in China and France, set a price for its initial public offering at the bottom of its previously indicated price range on Tuesday.
Murdoch's ambitions may take center stage in Sun Valley
LOS ANGELES (Reuters) - Rupert Murdoch jets into Idaho's Sun Valley next week for the year's most exclusive tech and media industry gathering, armed with both the money and the appetite for a major deal.
Japan's Sharp eyes profits, not share sale, to boost finances
OSAKA Japan (Reuters) - Japan's Sharp Corp aims to bolster its depleted finances by boosting profits and is not considering a public share offering, which would be unrealistic so close on the heels of an offering last year, the display maker's president said.
Adidas lifts ban on sales via eBay, other online sites
DUESSELDORF Germany (Reuters) - German sportswear maker Adidas has decided to allow the sale of its products via market-place sites like eBay and Amazon, an issue the German cartel office has been investigating.
Microsoft says disrupts cybercrime rings with roots in Kuwait, Algeria
BOSTON (Reuters) - Microsoft Corp launched what it hopes will be the most successful private effort to date to crack down on cyber crime by moving to disrupt communications channels between hackers and infected PCs.
HP settles lawsuits over deal for British software company
(Reuters) - Hewlett-Packard Co and attorneys representing shareholders confirmed on Monday they had agreed to settle litigation over the $11.1 billion acquisition of British software company Autonomy Corp.
Former executive sues dating app Tinder, alleges sexual harassment
SAN FRANCISCO (Reuters) - Former Tinder marketing Vice President Whitney Wolfe is suing the popular dating-app company for sexual harassment and discrimination, making it the latest technology business to face challenges over its treatment of women.
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