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Wednesday, January 28, 2015

Technology Report: iPhone sales trample expectations as profit sets global record

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01/28/2015
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iPhone sales trample expectations as profit sets global record
(Reuters) - Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history.
Facebook to sell real-time Super Bowl ads, taking on Twitter
(Reuters) - This Super Bowl Facebook is taking a page from Twitter's playbook, for the first time during a football championship selling ads that target people based on what they are talking about in real time.
Icahn on CNBC says his son was right on Netflix, wished he bought more
NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said on Wednesday that he sold Netflix Inc shares too soon, admitting that his son Brett and fund co-manager David Schechter were correct to believe the stock was significantly undervalued.
China regulator blasts Alibaba for illegal business on its websites
SHANGHAI (Reuters) - A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private companies.
SS&C Tech in talks to buy Advent Software for $2.3 billion: Bloomberg
(Reuters) - Financial software company SS&C Technologies Holdings Inc is in talks to buy accounting software maker Advent Software Inc for about $2.3 billion, Bloomberg reported, citing a person with knowledge of the matter.
Head of games leaves Angry Birds company Rovio
HELSINKI (Reuters) - Finland's Rovio and the head of its games operation, Jami Laes, have parted company as the business behind Angry Birds continues to grapple with an increasingly competitive mobile games market.
Creating an old-girls network in Silicon Valley
(Reuters) - Thanks to Facebook COO Sheryl Sandberg and her mega-bestselling book, Lean In, the gender-disparity debate has been front and center for years now in Silicon Valley.
Uber, Lyft face crucial courtroom test over driver benefits
SAN FRANCISCO (Reuters) - Smartphone-enabled car services Uber and Lyft head to court this week to resolve a critical question for Silicon Valley's sharing economy: whether their drivers are independent contractors or employees.
Apple takes high road in China smartphone standoff with Xiaomi
SHANGHAI (Reuters) - Apple Inc is steering clear of Chinese rival Xiaomi Inc's [XTC.UL] low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker.
Snowden files show Canada spy agency runs global Internet watch: CBC
OTTAWA (Reuters) - Canada's electronic spy agency has been intercepting and analyzing data on up to 15 million file downloads a day as part of a global surveillance program, according to a report published on Wednesday.
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