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| CBC's English-language chief leaving for Twitter job Monday, Apr 29, 2013 12:33 PM PDT  TORONTO (Reuters) - The head of the Canadian Broadcasting Corp's English-language service is leaving the public broadcaster to join micro-blogging company Twitter, the CBC said on Monday. Kirstine Stewart, the CBC's executive vice-president of English services, will leave immediately and a recruitment process for her replacement has been launched. Stewart, an avid Twitter user herself, said she was named managing director of Twitter Canada and will remain in Toronto to open Twitter's first offices in the country. ... Full Story | Top |
| Sprint seeks details from Dish on takeover proposal Monday, Apr 29, 2013 12:23 PM PDT  By Liana B. Baker and Ben Berkowitz (Reuters) - Sprint Nextel Corp on Monday said its merger partner, SoftBank Corp, has waived some terms of their agreement so that Sprint can seek more information from rival suitor Dish Network Corp. The exchange of information between Sprint and Dish indicates the companies are in conversations about the satellite broadcaster's $25.5 billion takeover bid, even if Sprint for now is standing by its $20.1 billion pact with SoftBank. ... Full Story | Top |
| Analysis: Tax strategy may be key to Verizon Wireless deal Monday, Apr 29, 2013 10:49 AM PDT  By Kevin Drawbaugh, Nanette Byrnes and Soyoung Kim (Reuters) - Verizon Communications Inc's chances of buying the 45 percent stake in Verizon Wireless owned by Britain's Vodafone Group Plc will hinge, at least in part, on the quality of tax advice it is getting. Verizon, the No. 2 U.S. telecommunications company, may have found a way to structure a purchase of the stake so that Vodafone can avoid a multibillion-dollar U.S. capital gains tax bill, sources familiar with Verizon's plans said. ... Full Story | Top |
| App helps wealthy travelers hitch rides on private jets Monday, Apr 29, 2013 10:22 AM PDT  By Natasha Baker TORONTO (Reuters) - Wealthy travelers wanting to fly in style can book empty seats on private planes with a new app for a jet-sharing service. Although there are dozens of apps for buying seats on commercial flights, BlackJet is a new iPhone app that connects travelers with private jets that have extra room on their planes. Flights are shared with from two to 14 other passengers, and the price is on par with a premium fare on a commercial airline, according to the San Francisco-based company. ... Full Story | Top |
| Apple lays groundwork for first debt sale ever Monday, Apr 29, 2013 09:42 AM PDT  By Josie Cox LONDON, April 29 - Apple took initial steps Monday for what would be its first debt sale ever, as the U.S. computer giant lays the groundwork for what would be one of the most anticipated bond sales of the year. The company was to begin investor calls today led by Deutsche Bank and Goldman Sachs, a source familiar with the situation told IFR, and filed SEC paperwork for a debt offering. ... Full Story | Top |
| Alibaba pushes into social networking with Weibo investment Monday, Apr 29, 2013 08:41 AM PDT  By Sayantani Ghosh and Sruthi Ramakrishnan (Reuters) - Chinese e-commerce firm Alibaba Group acquired an 18 percent stake in web portal Sina Corp's microblogging service Weibo in its first big move into selling advertising on China's highly competitive social networks. Sina's U.S.-listed shares surged 21 percent to $60.81 in early trading, before easing back to $56.90. ... Full Story | Top |
| Google Now comes to iPhone, challenging Apple's Siri Monday, Apr 29, 2013 07:39 AM PDT  By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is bringing its Google Now technology to the iPhone, where it will compete head-on with Apple Inc's Siri to serve as the primary service that smartphone users rely on to get everything from weather updates to traffic forecasts. Google Now, which made its debut last year on mobile devices powered by Google's Android operating system, will be available as a feature in the new version of the Google Search app for iPhones and iPads starting on Monday. ... Full Story | Top |
| Supreme Court won't hear Charter Communications bankruptcy case Monday, Apr 29, 2013 07:37 AM PDT By Lawrence Hurley WASHINGTON (Reuters) - The Supreme Court declined on Monday to hear a challenge to the post-bankruptcy reorganization of Charter Communications Inc. Law Debenture Trust Co of New York (LDT) and R2 Investments objected when the No. 4 U.S. cable television operator went into Chapter 11 bankruptcy protection in March 2009, emerging in November of that year with its debts cut by $8 billion, or 40 percent. The bankruptcy was viewed as a major setback for Microsoft co-founder Paul Allen, a major investor. ... Full Story | Top |
| Amazon faces strike threat in Germany over pay, conditions Monday, Apr 29, 2013 07:10 AM PDT  By Victoria Bryan FRANKFURT (Reuters) - Global internet retailer Amazon.com could be facing its first strike in Germany by warehouse workers seeking better pay and benefits. Amazon employs around 9,000 people across Germany and has come under fire from trade union Verdi for refusing to implement a collective agreement on employment conditions, in keeping with the country's other mail order and retail firms. The union is also pressing for higher basic pay and bigger supplements for night shifts. ... Full Story | Top |
| Huawei's CEO says successor won't be from family, no listing plans yet Monday, Apr 29, 2013 03:26 AM PDT  By Lee Chyen Yee HONG KONG (Reuters) - The next CEO of China's Huawei Technologies Co Ltd will not be a family member of the incumbent chief, Ren Zhengfei, an ex-military officer who founded the company 26 years ago and built an empire that now rivals big global names in telecom gear and handsets. Huawei, which ranks behind just Sweden's Ericsson in telecom equipment sales and is also the world's No.5 smartphone maker, has no plans to list in the next 5-10 years, Ren said an internal letter to employees dated Sunday and whose contents were confirmed by two sources within the company on Monday. ... Full Story | Top |
| SundaySky's personalised videos boost sales threefold Monday, Apr 29, 2013 03:21 AM PDT By Tova Cohen TEL AVIV (Reuters) - SundaySky expects its sales to triple annually as companies increasingly use personalized videos to win over new customers and retain existing ones. The U.S.-Israeli company's videos not only speak to a customer by name but take into account past history and present behavior with a brand. SundaySky can generate millions of videos from a single template in real time, allowing the videos to always be up to date. ... Full Story | Top |
| Analysis: China's 4G bonanza to shake up mobile gear vendor market Sunday, Apr 28, 2013 10:32 PM PDT  By Simon Johnson and Leila Abboud STOCKHOLM/PARIS (Reuters) - Chinese telecom operators will start awarding contracts for super-fast mobile networks this year, kicking off the third wave of a global investment cycle that is reshaping the competitive landscape among telecom equipment makers. China, the world's biggest mobile market with 1.1 billion subscribers, is likely to further alter the picture at the expense of European suppliers by giving a huge boost to Huawei and its smaller Chinese rival ZTE. ... Full Story | Top |
| Maverick operator Digicel takes on the big boys in Myanmar Sunday, Apr 28, 2013 02:05 PM PDT  By Jeremy Wagstaff SINGAPORE (Reuters) - Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets. The strategy helped propel it onto the shortlist for a mobile license in one of the world's last mobile frontiers, putting an operator that ranks 65th globally in terms of customers up against giants such as Vodafone Group Plc. ... Full Story | Top |
| Activision CEO Kotick among top-paid CEOs in U.S Sunday, Apr 28, 2013 01:08 PM PDT (Reuters) - Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States. Kotick's 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (http://r.reuters.com/bew67t) The $56 million in stock awards will be paid over five years and is contingent upon meeting certain goals for company performance. ... Full Story | Top |
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