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| Google to expand high-speed Internet/TV service to Austin, Texas Tuesday, Apr 09, 2013 10:51 AM PDT  By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is bringing its high-speed Internet and television service to Austin, Texas, the first move to expand the Google Fiber service beyond its initial location in Kansas City introduced last year. Google plans to begin connecting homes in Austin by the middle of 2014, the company said in a post on its official blog on Tuesday. ... Full Story | Top |
| Panasonic executive says Europe consumer sales hold up Tuesday, Apr 09, 2013 10:28 AM PDT  By Georgina Prodhan VIENNA (Reuters) - Panasonic's consumer electronics sales did not fall in Europe in the fiscal year just ended despite the fact that the business is struggling globally, the company's Europe head said. "We are doing quite well in Europe in consumer electronics," Laurent Abadie told Reuters, adding that the company was not planning to cut its overall number of staff in Europe in the coming 12 months. "We just closed our fiscal year at the end of March. ... Full Story | Top |
| Dell's evaluation of buyout bid flawed: shareholder Tuesday, Apr 09, 2013 10:17 AM PDT  (Reuters) - Southeastern Asset Management, the activist investor that owns 8.4 percent of Dell Inc, said on Tuesday the computer maker's evaluation of a $24.4 billion leveraged buyout deal with its founder and buyout firm Silver Lake was flawed. Southeastern published a letter it sent to Dell's board of directors asserting the company's March 29 proxy statement fails to make a compelling case for shareholders to accept the $13.65 per share offer from Michael Dell and Silver Lake. The letter says Dell's special committee did not properly explore all options. ... Full Story | Top |
| Hacker "Kayla" admits attacks on Sony, Murdoch, Nintendo Tuesday, Apr 09, 2013 08:34 AM PDT  By Estelle Shirbon LONDON (Reuters) - A British computer hacker pleaded guilty on Tuesday to cyber attacks on targets including Sony, Nintendo, Rupert Murdoch's News International and the Arizona State Police. Ryan Ackroyd's plea meant his planned jury trial did not go ahead and, as a result, the court did not hear any evidence on the motivation behind the attacks he made using the persona of a 16-year-old girl named Kayla as part of hacking group LulzSec. ... Full Story | Top |
| Microsoft, Nokia demand EU action over Google's Android Tuesday, Apr 09, 2013 06:14 AM PDT  BRUSSELS (Reuters) - Companies including Microsoft and Nokia have stepped up pressure on EU antitrust regulators to take action against Google, accusing it of blocking competition in mobile telephony. The complaint comes as Google attempts to resolve a two-year long investigation by the European Commission into its internet search practices and avert a possible fine that could hit $5 billion, or 10 percent of its 2012 revenue. More than a dozen companies have voiced their grievances about Google's search practices to the Commission. ... Full Story | Top |
| Cyber attacks hurt China's credibility: U.S. official Tuesday, Apr 09, 2013 04:57 AM PDT  By Terril Yue Jones BEIJING (Reuters) - Cyber attacks against the United States from China are eroding the country's credibility and scaring off potential foreign investors afraid of losing their intellectual property, a senior U.S. official said on Tuesday. The sheer scale of hacking attacks from China bred mistrust in the U.S. government as well as the business community, said Robert Hormats, U.S. under secretary of state for economic growth, energy and the environment. ... Full Story | Top |
| India's Tata Consultancy buys French IT provider Alti Monday, Apr 08, 2013 10:48 PM PDT  BANGALORE (Reuters) - Tata Consultancy Services , India's top software services provider, will buy privately held Alti SA of France for 75 million euros ($98 million) -- an acquisition that highlights the industry's growing interest in France and Germany. The French provider of business management software services had revenues of 126 million euros in 2012 with customers in financial services, manufacturing and utilities. "This acquisition underlines our long-term, strategic commitment to France, which is the third largest IT services market in Europe," TCS CEO N. ... Full Story | Top |
| Six U.S. Air Force cyber capabilities designated "weapons" Monday, Apr 08, 2013 06:45 PM PDT  By Andrea Shalal-Esa COLORADO SPRINGS, Colo. (Reuters) - The U.S. Air Force has designated six cyber tools as weapons, which should help the programs compete for increasingly scarce dollars in the Pentagon budget, an Air Force official said on Monday. Lieutenant General John Hyten, vice commander of Air Force Space Command, which oversees satellite and cyberspace operation, said the new designations would help normalize military cyber operations as the U.S. military works to keep up with rapidly changing threats in the newest theater of war. ... Full Story | Top |
| Citi files claim with Nasdaq for compensation from Facebook IPO: sources Monday, Apr 08, 2013 02:30 PM PDT  By John McCrank NEW YORK (Reuters) - Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc's glitch-ridden market debut last May, according to two people with knowledge of the situation. Citi filed the claim on Monday, which is the deadline for applications from firms seeking to participate in the $62 million compensation plan, but is still looking at all of its options, including legal options, said one of the people. They did not have permission to speak with the media. ... Full Story | Top |
| U.S. holds visa lottery for 85,000 skilled workers Monday, Apr 08, 2013 01:47 PM PDT  By Sarah McBride WASHINGTON (Reuters) - A U.S. visa program ran a lottery on Sunday to award 85,000 slots for high-skilled workers just one week after the application period opened, the Citizenship and Immigration Service said, signaling companies feel confident enough about the economy to hire more foreign workers. The USCIS held the lottery to approve petitions for the slots after it received approximately 124,000 H-1B petitions last week, including petitions filed for holders of advanced degrees from U.S. universities. ... Full Story | Top |
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