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Microsoft entertainment head may leave to be Zynga CEO: report Monday, Jul 01, 2013 12:17 PM PDT By Malathi Nayak and Bill Rigby SAN FRANCISCO (Reuters) - Games publisher Zynga Inc could replace its chief executive Mark Pincus with Microsoft Corp executive Don Mattrick, possibly as early as late Monday, according to a report by AllThingsD that sent Zynga shares up more than 10 percent. ... Full Story | Top |
New apps to tame uncontrollable inboxes Monday, Jul 01, 2013 11:33 AM PDT By Natasha Baker TORONTO (Reuters) - Buried under emails? Losing control of an overflowing inbox? New apps are designed to help consumers deal with seemingly endless streams of electronic mail. Three apps, Dispatch and Boxer for the iPhone, and Boomerang for Android devices, try to make email management on smartphones fast and simple. Another app called Sanebox, which works on any platform and costs between $2 and $20 each month, creates a folder in a user's mailbox where it filters unimportant messages. ... Full Story | Top |
Icahn seeks Dell meeting after securing $5.2 billion for bid Monday, Jul 01, 2013 11:25 AM PDT By Michelle Sierra and Leela Parker (Reuters) - Billionaire investor Carl Icahn asked for a meeting with Dell Inc's special board committee after lining up $5.2 billion in loan commitments to back up his bid for a leveraged recapitalization of the personal computer maker. Icahn, in an open letter to Dell shareholders, said that financing commitments included $1.6 billion from Jefferies Finance LLC, which will publicly file the papers after markets close on Monday. "With that we put an end to the unwarranted speculation by Dell that our money would not be available," Icahn said in the letter. ... Full Story | Top |
Authors lose class status in Google digital books case Monday, Jul 01, 2013 10:38 AM PDT By Jonathan Stempel (Reuters) - Google Inc notched a legal victory in its bid to create the world's largest digital books library, winning the reversal of a court order that had allowed authors challenging the project to sue as a group. A panel of the 2nd U.S. Circuit Court of Appeals in New York said Circuit Judge Denny Chin prematurely certified a class of authors without first deciding if the "fair use" defense under U.S. copyright law allowed Google to display snippets of books. ... Full Story | Top |
Spanish mobile bills to fall after regulator rate cut Monday, Jul 01, 2013 09:11 AM PDT MADRID (Reuters) - Spain's telecoms watchdog cut the fees mobile operators can charge each other for connecting calls on Monday, which is likely to lower customer phone bills in a nation battling recession. Competition in the Spanish market has heated up in recent months for operators Telefonica, Vodafone, Orange and Yoigo as they struggle to cling on to customers in the country, where 27 percent of the workforce is unemployed. ... Full Story | Top |
Nokia to buy out Siemens equipment venture; shares surge Monday, Jul 01, 2013 07:17 AM PDT By Terhi Kinnunen and Leila Abboud HELSINKI (Reuters) - Nokia shares surged on Monday after it announced plans to buy out Siemens AG's share of their network equipment joint venture, betting on the technology to run 4G networks as it struggles in the smartphones business. Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks (NSN) for $2.2 billion, a cheaper than-expected price, analysts said, though they also noted the acquisition would put pressure on Nokia's balance sheet. ... Full Story | Top |
Nokia CEO says synergies not part of NSN deal consideration Monday, Jul 01, 2013 06:15 AM PDT HELSINKI (Reuters) - Nokia Chief Executive Stephen Elop said the company had not considered synergies when deciding to buy Siemens' stake in Nokia Siemens Networks and that the future of the network gear maker was open. When asked if Nokia could sell or list the network gear maker, Elop told the conference call: "As for the future of NSN, as we've said consistently there is a range of options that could exist for NSN over time. All of those options remain open." (Reporting by Terhi Kinnunen) Full Story | Top |
Apple applies to register 'iWatch' trademark in Japan Monday, Jul 01, 2013 03:36 AM PDT TOKYO (Reuters) - Apple Inc has applied for a trademark for "iWatch" in Japan, a patent official said on Monday, signaling the iPhone maker may be moving ahead with plans for a watch-like device as gadget makers turn their attention to wearable computers. The trademark application, submitted on June 3 and released on the Japan Patent Office website on June 27, would cover computers, computer peripherals and wristwatches, the official said. He said it was unknown how long the application process would require. An Apple spokesman in Japan could not immediately be reached for comment. ... Full Story | Top |
U.S. to press China on cyber theft: Lew Monday, Jul 01, 2013 01:56 AM PDT By Poornima Gupta ASPEN (Reuters) - U.S. Treasury Secretary Jack Lew has said he will keep up pressure on China over cyber security, especially stealing of intellectual property and trade secrets, which he sees as separate from other Internet-related issues between the two countries. The recently appointed Treasury secretary said on Sunday he had already raised his concerns on cyber security when he met with Chinese President Xi Jinping in China recently. ... Full Story | Top |
Cupid staff did not use fake profiles to lure subscribers - review Monday, Jul 01, 2013 01:47 AM PDT (Reuters) - British online dating company Cupid Plc said an independent review of its operations did not find any evidence of the company using fake profiles to boost its membership, sending its shares up as much as 10 percent. The BBC said in February that members of Cupid's online dating services suspected fake "flirtatious" messages had been used to encourage free users to sign up for paid subscriptions. Cupid, which operates the benaughty.com and flirt. ... Full Story | Top |
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