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Wednesday, March 26, 2014

Technology Report: Candy Crush maker King Digital shares sour in market debut

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03/26/2014
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Candy Crush maker King Digital shares sour in market debut
(Reuters) - Shares in King Digital Entertainment Plc fell as much as 15 percent in their Wednesday debut, underscoring investor concern about the company's reliance on "Candy Crush Saga" and dampening hopes that its coming-out party could revive investor interest in the mobile gaming industry.
Facebook takes page out of Google playbook with Oculus deal
SAN FRANCISCO (Reuters) - Does Facebook Inc have Google envy?
Microsoft, Dell seal Android, Chrome royalty pact
SAN FRANCISCO (Reuters) - Microsoft Corp and Dell Inc have sealed a patent licensing deal under which Dell will pay the software giant royalties on sales of devices powered by Google Inc's Android or Chrome software.
Target, security auditor Trustwave are sued over data breach
(Reuters) - Target Corp and Trustwave Holdings Inc, which provides credit card security services, have been sued by two banks for "monumental" losses they say card issuers will face because of the retailer's holiday season data breach.
Amazon follows Google in slashing cloud computing prices
SAN FRANCISCO (Reuters) - Amazon.com Inc will drop prices on most of its cloud computing services starting April 1, the largest U.S. online retailer said on Wednesday, a day after rival Google Inc outlined a major price cut of its own.
Experts urge U.S. caution on additional cyber threat disclosures
WASHINGTON (Reuters) - Cyber experts urged U.S. securities regulators on Wednesday to tread carefully when requiring companies to disclose security breaches and cyber threats, saying giving too much information may leave them vulnerable to hackers or legal action.
Intel widens agreement to manufacture chips for Altera
SAN FRANCISCO (Reuters) - Chipmaker Altera Corp is working with Intel Corp to combine separate components like processors, memory and programmable chips into customized devices in a technique aimed at reducing manufacturing costs and improving performance.
Smartwatches? Not at this time, say wary Swiss
BASEL, Switzerland (Reuters) - With their hundreds of years of watchmaking experience, Swiss watchmakers can afford to take a long view of technological fads and fashions. So-called smartwatches, packing computing power into a wrist-sized gadget, aren't in their plans for now.
France's Orange backs CEO for second term
PARIS (Reuters) - The board of France's state-backed Orange on Wednesday voted to give chief executive Stephane Richard a second term, providing continuity to the group at a time of tumult in its domestic market and brewing consolidation in Europe.
BlackBerry's enterprise offering wins U.S. security clearance
TORONTO (Reuters) - BlackBerry Ltd has received a coveted security clearance that paves the way for U.S. government agencies to use its systems to manage and secure Android- and iOS-powered devices operating on their internal networks, the smartphone maker said on Wednesday.
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