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Wednesday, April 23, 2014

Technology Report: Qualcomm posts higher second-quarter revenue but misses Street

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04/23/2014
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Qualcomm posts higher second-quarter revenue but misses Street
SAN FRANCISCO (Reuters) - Qualcomm Inc , the leading mobile chipmaker, posted higher fiscal second-quarter revenue but missed analysts' expectations as it faces a smartphone market that is losing steam and shifting to China.
Zynga's Pincus withdraws further from operations
SAN FRANCISCO (Reuters) - Zynga Inc co-founder Mark Pincus will relinquish the last of his operational duties at the social gaming company starting Wednesday, taking on an advisory role as chief executive Don Mattrick pushes through a restructuring plan.
U.S. FCC chair: 'Hard to believe' AT&T would skip spectrum auction
WASHINGTON (Reuters) - The top U.S. telecommunications regulator on Wednesday said he was unconvinced by AT&T Inc's threat to sit out next year's major auction of wireless spectrum over proposed restrictions on its participation.
Amazon's eroding tax advantage, bid to sustain growth in focus in first quarter
SAN FRANCISCO (Reuters) - Amazon.com Inc's quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales tax in more states, curtailing growth in its core business.
AT&T margin weakness fuels concern about U.S. cellular sector
NEW YORK (Reuters) - Increasingly aggressive discounting is taking a toll on AT&T Inc and U.S. cellular rivals as they struggle to attract customers in a nearly saturated market.
AOL, Microsoft lure advertisers with TV-style shows
NEW YORK/LOS ANGELES (Reuters) - Technology powerhouses like Microsoft Corp and AOL Inc are flexing their muscles as storytellers, parading TV network-style shows before advertisers at an annual digital content showcase in New York next week.
Exclusive: FBI warns healthcare sector vulnerable to cyber attacks
BOSTON (Reuters) - The FBI has warned healthcare providers their cybersecurity systems are lax compared to other sectors, making them vulnerable to attacks by hackers searching for Americans' personal medical records and health insurance data.
Facebook gets U.S. antitrust approval to buy Oculus
WASHINGTON (Reuters) - Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday.
IBM unveils new server model to tackle big data, analytics
NEW YORK (Reuters) - International Business Machines Corp, in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analyzing data.
U.S. regulators to propose new net neutrality rules in May
WASHINGTON (Reuters) - U.S. regulators are expected to vote on May 15 on a new set of so-called "net neutrality" rules aimed at making certain that broadband providers do not slow down or block consumers' access to legal Internet content.
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