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| Facebook ad products director to join online-payment firm Square Thursday, Jun 27, 2013 11:17 AM PDT  By Alexei Oreskovic and Gerry Shih SAN FRANCISCO (Reuters) - Facebook Inc's director of advertising products has been hired by Square in a significant coup for the young online-payments company. Gokul Rajaram starts work at the San Francisco-based company next week as lead product developer, overseeing Square Register, the firm's point-of-sale product for retailers, Square said on Thursday. The product allows retailers to use an Apple iPad computer tablet as a cash register. Rajaram will also work on other products, Square said. ... Full Story | Top |
| Square's website for small businesses takes on e-commerce giants Thursday, Jun 27, 2013 11:06 AM PDT By Gerry Shih SAN FRANCISCO (Reuters) - Since 2010, Square Inc's matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States. Now, the company, one of Silicon Valley's most highly valued private firms, is diving into a market as expansive the internet itself. Square launched a shopping website this week called Square Market to serve as an online storefront and payment processor for small businesses, a move that pits the closely held company, valued at $3. ... Full Story | Top |
| 'Roam if you want to' - EU lowers mobile fees for summer Thursday, Jun 27, 2013 06:52 AM PDT  By Claire Davenport BRUSSELS (Reuters) - Checking email or surfing the Web on a mobile phone while travelling in the European Union will be a third cheaper from Monday under roaming cuts enforced by the EU's regulator in time for the summer holiday season. The European Union has been eager to show its relevance to EU citizens with measures to cut the cost of consumer goods such as flights and roaming fees, with mobile charges a particularly popular step over the past several years. ... Full Story | Top |
| Sharp to form LCD tie-up with China Electronics, license technology Thursday, Jun 27, 2013 03:30 AM PDT  By Mari Saito TOKYO (Reuters) - Japan's Sharp Corp, a leading supplier of displays to Apple Inc, said Thursday it will form a $2.9 billion alliance with state-owned China Electronics Corp that includes an agreement by Sharp to license its advanced power-saving IGZO screen technology. The new venture will be 92 percent owned by China Electronics, also known as CEC, which supplies equipment to China's military. The venture will set up a an LCD plant with the goal of mass-producing panel displays for televisions, notebook PCs and tablets in 2015. ... Full Story | Top |
| Samsung rolls out OLED TV as production glitches linger Thursday, Jun 27, 2013 02:35 AM PDT  By Miyoung Kim SEOUL (Reuters) - Samsung Electronics Co Ltd launched its first OLED TV on Thursday, taking the ultra-thin technology into a nascent market despite tenacious production challenges that keep costs high while prevailing LCD screens only get better and cheaper. The world's biggest TV manufacturer has staked its display future on OLED - organic light emitting diode - technology and its success with smaller screens has bolstered its smartphone market share and earnings. But big screens are likely to take a much slower road to profits. ... Full Story | Top |
| Myanmar telecoms winners to be named despite house vote Wednesday, Jun 26, 2013 11:29 PM PDT  By Aung HlaTun and Jared Ferrie YANGON (Reuters) - Myanmar, which is offering operating licenses to global telecoms firms for the first time, will announce the outcome of the auction as planned on Thursday despite opposition in parliament. The lower house voted on Wednesday to delay the award of the two hotly contested licenses until after the enactment of a new telecommunications law that is still making its way through parliament. ... Full Story | Top |
| Four-year hacking spree in South Korea blamed on 'Dark Seoul Gang' Wednesday, Jun 26, 2013 08:38 PM PDT By Jim Finkle BOSTON (Reuters) - Researchers with U.S. security software maker Symantec Corp say they have uncovered digital evidence that links cyber attacks on South Korea dating back four years to a single hacking group dubbed the "Dark Seoul Gang." Eric Chien, technical director with Symantec Security Response, said late on Wednesday that his firm made the connection while reviewing malicious software code used to launch attacks that disrupted some South Korean government websites earlier in the week. He said that the evidence did not uncover the identity of the gang members. ... Full Story | Top |
| Microsoft releases 'refined' Windows, revs up developers Wednesday, Jun 26, 2013 03:29 PM PDT  By Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp released a test version of its Windows 8.1 software on Wednesday, bringing back the "start" button and adding a host of features it hopes will appeal to users, while spurring developers into writing more applications for it. The updated Windows, which was signaled at the end of May, is aimed chiefly at soothing traditional computer users, many of whom were unsettled by Microsoft's shift towards a new "tile"-based interface that works best on touch-enabled devices, but left fans of the old-style desktop confused. ... Full Story | Top |
| Turkey seeks to tighten grip on Twitter after protests Wednesday, Jun 26, 2013 03:13 PM PDT  By Ozge Ozbilgin and Jonathon Burch ANKARA (Reuters) - Turkey said on Wednesday it had asked Twitter to set up a representative office inside the country, which could give it a tighter rein over the microblogging site it has accused of helping stir weeks of anti-government protests. While mainstream Turkish media largely ignored the protests during the early days of the unrest, social networking sites such as Twitter and Facebook emerged as the main outlets for Turks opposed to the government. ... Full Story | Top |
| Oracle and NetSuite unveil cloud-computing alliance Wednesday, Jun 26, 2013 02:53 PM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Software companies Oracle and NetSuite announced an alliance to deliver cloud-based services to mid-size business customers, the third tie-up unveiled this week by Oracle as it pushes further into services delivered over the Internet. The agreement will focus on integrating Oracle's software for human resources with NetSuite's services for enterprise resource planning and will be aimed at mid-size companies, Oracle and NetSuite said. "You shouldn't think of this as a date. ... Full Story | Top |
| Nvidia delays new game device after finding problem Wednesday, Jun 26, 2013 01:41 PM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Nvidia Corp is delaying sales of its new handheld game gadget, a setback in the chipmaker's bid to use its appeal with personal computer gamers to challenge console makers like Sony Corp and Microsoft Corp . On Wednesday, a day before the scheduled launch, Nvidia said it had discovered a "mechanical issue" in the Shield multimedia device, which lets users play Android and PC games using either the built-in screen or on their TVs. It will be shipped in July. ... Full Story | Top |
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