Technology Report: Facebook launches mobile ad network to vie with Google, Twitter

	Click to View in Browser 04/30/2014 Facebook launches mobile ad network to vie with Google, Twitter SAN FRANCISCO (Reuters) - Facebook Inc rolled out a new service that it envisions will distribute ads across a network of mobile applications, opening the door to a new source of revenue for the Internet social network. Slowing Twitter user growth tests Wall Street's patience (Reuters) - Twitter Inc's slowing user growth has revived concerns about the microblogging service's prospects of one day matching Facebook Inc's 1.2 billion users, prompting at least 16 analysts to cut their target price on the stock. PayPal burnishes brand image as mobile use surges SAN FRANCISCO (Reuters) - The online payment company PayPal is getting a shiny new look and its first-ever global marketing push as parent eBay Inc tries to wrest attention away from the growing number of rivals piling into the mobile payments market. Cisco Investments commits $150 million to start-up companies SAN FRANCISCO (Reuters) - Cisco's corporate venture-capital arm said it would deploy $150 million to start-up companies over the next two to three years, accelerating its investments into areas such as Internet-enabled communication between objects. Flextronics revenue rises on demand for game consoles, phones April 30 - Contract electronics manufacturer Flextronics International Ltd reported a 27 percent rise in quarterly revenue, helped by higher demand from its game console and smartphone customers. U.S. high court conflicted over Limelight Networks patent fight WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday appeared unsure how to proceed in a dispute over whether Limelight Networks Inc infringed upon patented technology for managing Web images and video held by Akamai Technologies Inc. China, India named on U.S. piracy, patents blacklist WASHINGTON (Reuters) - The United States named China and India on a watch list for countries that aren't doing enough to fight intellectual-property crimes, warning of trade-secret theft in China and the proliferation of generic drugs and counterfeiting in India. Elop's Nokia "golden parachute" swells to $33 million HELSINKI (Reuters) - Former Nokia boss Stephen Elop will get 24.2 million euros ($33.4 million) in cash and shares after leaving the Finnish company, more than 25 percent higher than originally envisaged following a surge in its share price. HP, Foxconn launch cloud server joint venture (Reuters) - Hewlett-Packard Co and Taiwanese contract electronics manufacturer Foxconn Technology Group launched a joint venture to make servers aimed at companies which provide cloud computing services. Microsoft's Xbox One console to go on sale in China in September SAN FRANCISCO (Reuters) - Microsoft Corp will begin selling its Xbox One video game console in China in September through its partnership with Chinese Internet TV company BesTV New Media Co, the company said on Tuesday. Related Video Elephant dung recycled into 'poo paper' Twitter user growth disappoints 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