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Tuesday, June 3, 2014

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Technology Report: Messaging app Line mulls U.S., Japan IPO, report says

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06/3/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Messaging app Line mulls U.S., Japan IPO, report says
(Reuters) - The popular messaging app, Line, owned by Asia's Naver Corp, is preparing an initial public offering in the United States and Tokyo as soon as November, Bloomberg reported Tuesday, citing people who were familiar with the matter.
AT&T raises full-year revenue outlook for second time
(Reuters) - AT&T Inc T.N raised its full-year revenue forecast for a second time, citing strong growth in its equipment installment plan even as its service revenue stagnated.
Bitcoin entrepreneur settles SEC charges over stock sales
(Reuters) - A well-known proponent of the electronic currency bitcoin agreed to pay nearly $51,000 to settle U.S. Securities and Exchange Commission civil charges that he publicly offered unregistered shares in two Internet ventures, the regulator said on Tuesday.
Rogers, Vodafone announce partner market deal
TORONTO (Reuters) - Rogers Communications Inc, Canada's biggest wireless company, and Vodafone Group PLC, the global telecoms group, announced a new market agreement on Tuesday to broaden the services they offer each other's customers.
Software maker Kinaxis trims expected price of planned offering
TORONTO, (Reuters) - Kinaxis Inc trimmed the expected offer price of its initial public offering on Tuesday, in a sign that market demand for the Canadian software company's equity issue may not be as hot as originally expected.
Samsung settles patent litigation with Interdigital
WASHINGTON (Reuters) - Wireless technology company Interdigital Inc has settled patent litigation with Samsung Electronics and licensed patents to the mobile phone maker, the companies said on Tuesday.
Zenefits raises $66.5 million in accelerating cycle for venture capitalists
SAN FRANCISCO (Reuters) - Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span.
Russian search engine Yandex shows loyalty with Moscow listing
MOSCOW (Reuters) - Shares in Russian internet search engine Yandex will begin trading in Moscow on Wednesday in a move that will please the Kremlin and could shield the Nasdaq-listed company from any tightening of Ukraine-related sanctions against Russia.
Facebook acquires mobile data plan firm Pryte
SAN FRANCISCO (Reuters) - Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
Apple allows 'approved' virtual currencies in Apps
(Reuters) - Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads.
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