Today's Reuters Technology News Headlines - Yahoo! News:
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BMC Software seeking to sell itself: WSJ
Mon,1 Oct 2012 11:36 AM PDT
Reuters - (Reuters) - BMC Software Inc is looking to sell itself and has retained Bank of America Merrill Lynch to help find a buyer, the Wall Street Journal reported Monday. The business software maker's bankers have approached potential suitors including software companies and large private-equity firms to see if they are interested in buying BMC or a part of it, the Journal said, citing sources. The company's shares were up 4.3 percent at $43.26 in afternoon trade on the Nasdaq. At that price, BMC has a market value of $6.9 billion. ... Full Story | Top |
Accenture buys Nokia Siemens IPTV assets
Mon,1 Oct 2012 11:32 AM PDT
Reuters - (Reuters) - Consulting and outsourcing group Accenture has bought some internet protocol television (IPTV) assets from Nokia Siemens Networks to bolster its online video capabilities, it said on Monday. Terms of the transaction were not disclosed. Accenture said the newly acquired IPTV software, assets and capabilities would be part of its video solutions business that helps companies launch video services at a low cost. Internet protocol television uses the same technology that powers the Internet to transmit multimedia content over telecom and cable networks. ... Full Story | Top |
White House targeted in cyber attack
Mon,1 Oct 2012 11:31 AM PDT
Reuters - WASHINGTON (Reuters) - The White House's computer system was targeted in a cyber attack, a senior administration official said on Monday, but no classified systems were breached. There is no evidence that data was taken in the incident, the official said, adding that the attack was identified early and did not spread. The attack was described as "spear phishing," the term for an attempted penetration using fake emails from a trusted sender, which the official said was "not infrequent. ... Full Story | Top |
Medvedev points Facebook's Zuckerberg towards Russian IT sector
Mon,1 Oct 2012 10:48 AM PDT
Reuters -  GORKI, Russia (Reuters) - Prime minister Dmitry Medvedev told Facebook chief executive Mark Zuckerberg on Monday that Russia's IT industry was as promising an area for investment as its natural resources sectors. "You probably know that here in Russia we have not only oil, gas, gold and diamonds - there is also an IT industry," a smiling Medvedev told Zuckerberg. Communication Minister Nikolai Nikoforov, who also attended the meeting, said a plan for a Facebook research centre in Russia was discussed. ...
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3M, Honeywell step up deals amid economic uncertainty
Mon,1 Oct 2012 10:05 AM PDT
Reuters -  (Reuters) - 3M Co and Honeywell International Inc signed separate takeover deals to further diversify their broad lineups of industrial goods at a time of uncertainty for the world economy, the large U.S. manufacturers said on Monday. 3M said it would pay $860 million to buy industrial ceramics company Ceradyne Inc, the biggest takeover deal for the maker of products ranging from Post-It notes to films used in television screens since it named Inge Thulin chief executive officer in February. ...
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Facebook's new pitch to brand advertisers: forget about clicks
Mon,1 Oct 2012 09:12 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - Facebook Inc, stung by doubts that advertising on the social network delivers enough bang for the buck, is preparing to unveil data to counter its critics and show that "clicks," the current metric of choice, tell only half the story. The world's No. 1 social network, embarrassed just days before its IPO when General Motors declared it was pulling the plug on all paid advertising on its network, will argue that big-brand marketers should abandon the industry's obsession with numbers of clicks and focus on more effective advertising techniques. ...
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Microsoft launching news operation, new MSN
Mon,1 Oct 2012 08:31 AM PDT
Reuters -  SEATTLE (Reuters) - Microsoft Corp is launching its own news operation as part of its new-look MSN website when Windows 8 launches later this month. The world's largest software company is making a "big, multi-million dollar investment" to create a "decent-sized media operation," said Bob Visse, general manager, MSN Product Management Group. Microsoft sold its 50 percent stake in news website MSNBC.com in July to longtime partner NBCUniversal, now majority-owned by Comcast Corp. ...
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Nokia sells mapping services to Oracle
Mon,1 Oct 2012 07:29 AM PDT
Reuters -  HELSINKI (Reuters) - Nokia Oyj has agreed to give Oracle Corp's customers access to its mapping products, as the mobile phone company seeks to expand its location services business. The Finnish company, which bought the world's largest digital mapping firm, Navteq, in 2008, has been looking for ways to boost the business and recently signed mapping deals with Groupon Inc and Amazon.Com Inc. In stark contrast with Nokia's troubled mobile phone operation, sales at the location business grew last quarter, though it still generates only 4 percent of group revenue. ...
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Workday sets IPO terms valuing company at up to $3.85 billion
Mon,1 Oct 2012 05:28 AM PDT
Reuters - (Reuters) - Workday Inc, which provides cloud-based human resource software, said it plans to price its initial public offering of Class A shares at between $21 and $24 each, valuing the Silicon Valley company at up to $3.85 billion. Workday was co-founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, who left PeopleSoft following its acquisition by Oracle Corp in 2004. It confidentially filed for an IPO in July under the Jumpstart Our Business Startups (JOBS) Act. ... Full Story | Top |
Nokia, Oracle to announce mapping deal
Mon,1 Oct 2012 02:32 AM PDT
Reuters -  HELSINKI (Reuters) - Phone maker Nokia Oyj will announce on Monday a deal that will give Oracle Corp's customers access to its mapping services, Nokia said on Monday. Finland's Nokia, which bought the world's largest digital mapping firm Navteq in 2008, has been looking for ways to boost the business and recently signed mapping deals with Groupon Inc and Amazon.com Inc. Oracle is the world's third-biggest software firm but also sells hardware to corporate clients and in 2009 bought Sun Microsystems, the manufacturer of server computers and developer of Java and Solaris software. ...
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U.S. high-tech companies ramping up exports: survey
Sun,30 Sep 2012 09:01 PM PDT
Reuters - (Reuters) - Most U.S. high-tech companies expect to export more cell phones, tablets and other electronics over the next two years to growing middle-class populations in developing nations, citing free trade pacts and rising labor costs abroad, a survey found. About 85 percent of U.S. high-tech executives polled said the Obama administration was somewhat or very likely to meet its goal of doubling exports by 2015. Just 40 percent of executives were as optimistic two years ago after the export target was set. ... Full Story | Top |
Nokia, Oracle to announce mapping deal: WSJ
Sun,30 Sep 2012 03:18 PM PDT
Reuters -  (Reuters) - Phone maker Nokia Oyj is expected to announce a deal that will give customers of technology company Oracle Corp access to Nokia's mapping services, the Wall Street Journal reported. The deal may be announced on Monday in San Francisco at the OracleWorld conference. It was confirmed by a Nokia spokesperson, the newspaper said. Finland's Nokia, which has been looking for ways to boost its location services business, also recently signed mapping deals with Groupon Inc and Amazon.com Inc. ...
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Samsung wins reconsideration of Galaxy Tab sales ban
Sat,29 Sep 2012 03:18 AM PDT
Reuters -  SAN FRANCISCO (Reuters) - A U.S. appeals court ruled on Friday that a lower court should reconsider a sales ban against Samsung's Galaxy Tab 10.1 won by Apple in a patent dispute with the South Korean electronics maker. The injunction was put in place ahead of a month-long trial that pitted iPhone maker Apple Inc against Samsung Electronics Co Ltd in a closely watched legal battle that ended with a resounding victory for Apple last month on many of its patent violation claims. ...
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Canada aware of two cyber attacks, won't say if China involved
Fri,28 Sep 2012 07:11 PM PDT
Reuters -  OTTAWA (Reuters) - Canada said on Friday it was aware of an attempt by hackers to target a domestic energy company, the second time in 24 hours Ottawa had acknowledged a cyber security attack against a Canadian firm. In both cases the Canadian government declined to comment on reports which suggested a Chinese connection. The news comes at an awkward time for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd to take over Canadian oil producer Nexen Inc. ...
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Canada aware of second hacking attack, this time on energy firm
Fri,28 Sep 2012 06:08 PM PDT
Reuters - OTTAWA (Reuters) - Canada said on Friday it was aware of an attempt by hackers to target a domestic energy company, the second time in 24 hours Ottawa had acknowledged a cyber security attack against a Canadian firm. In both cases the Canadian government declined to comment on reports which suggested a Chinese connection. The news comes at an awkward time for Canada's Conservative government, which is deciding whether to approve a landmark $15.1 billion bid by China's CNOOC Ltd to take over Canadian oil producer Nexen Inc. ... Full Story | Top |
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