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Friday, January 30, 2015

Technology Report: AT&T top buyer at U.S. airwaves auction; Verizon, Dish spend big

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01/30/2015
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AT&T top buyer at U.S. airwaves auction; Verizon, Dish spend big
WASHINGTON/SAN FRANCISCO (Reuters) - AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday.
Google to change privacy policy after investigation by UK data watchdog
PARIS (Reuters) - Search engine Google has agreed to better inform users about how it handles their personal information after an investigation by Britain's data protection regulator found its privacy policy was too vague.
Alibaba meets with China regulator, controversial report retracted
(Reuters) - The head of China's commerce regulator met with Alibaba Group Holding Ltd chairman Jack Ma on Friday to discuss combating fake products, the official Xinhua news agency reported, with the two adopting a conciliatory tone after a row over illegal business on the Internet company's platforms.
EU executive mulls introduction of new data retention law
BRUSSELS (Reuters) - The European Commission is mulling a new law requiring telecoms companies to store communications data of EU citizens as part of its efforts to fight terrorism, after a top court struck down the previous one on privacy concerns.
AWS move, disclosure suggest Amazon yielding more to Wall Street
SAN FRANCISCO (Reuters) - After years of giving investors the cold shoulder, Amazon.com Inc is starting to warm up to Wall Street.
China's new tech rules play to local firms' strengths
BEIJING/SAN FRANCISCO (Reuters) - Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups.
Google fourth-quarter revenue misses Wall Street target
SAN FRANCISCO (Reuters) - Google Inc's revenue grew 15 percent in the fourth quarter but fell short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates.
Amazon sales rise in holiday quarter, shares jump
SAN FRANCISCO (Reuters) - Amazon.com Inc reported stronger than expected earnings on Thursday as North American sales surged during the crucial holiday quarter, sending its shares up 9 percent.
Alibaba quarterly revenue disappoints, shares fall
BEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations.
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