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| Saturday, Jul 27, 2013 12:45 PM PDT | |
| Today's Reuters Technology News Headlines - Yahoo! News:
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| Exclusive: Majority of Siemens board wants to oust CEO - sources Saturday, Jul 27, 2013 12:45 PM PDT  MUNICH (Reuters) - A majority of Siemens supervisory board members are in favor of voting out Chief Executive Peter Loescher, two people familiar with the matter told Reuters on Saturday. The majority of the 20-member board wants current finance chief Joe Kaeser named as Loescher's successor, the sources said following emergency meetings of board members two days after Siemens abandoned a 2014 profit margin target. Siemens declined to comment on the matter. ... Full Story | Top |
| Renesas plans to close major chip plant in Japan: sources Saturday, Jul 27, 2013 03:11 AM PDT TOKYO (Reuters) - Japan's Renesas Electronics Corp plans to close a system LSI chip plant in northern Japan that makes chips for Nintendo Co Ltd's Wii game consoles and other consumer electronics, after failing to find a buyer for the facility, sources familiar with the matter said on Saturday. The state-of-the-art Tsuruoka plant's 1,000 employees will be offered reassignments or voluntary redundancy, the sources said, as Renesas restructures to focus on making microcontrollers for automotive electronics, where it holds the top global market share. ... Full Story | Top |
| Famed hacker Barnaby Jack dies a week before hacking convention Friday, Jul 26, 2013 09:26 PM PDT  By Jim Finkle (Reuters) - Barnaby Jack, a celebrated computer hacker who forced bank ATMs to spit out cash and sparked safety improvements in medical devices, died in San Francisco, a week before he was due to make a high-profile presentation at a hacking conference. The New Zealand-born Jack, 35, was found dead on Thursday evening by "a loved one" at an apartment in San Francisco's Nob Hill neighborhood, according to a police spokesman. He would not say what caused Jack's death but said police had ruled out foul play. ... Full Story | Top |
| Access to Apple developer site partially restored Friday, Jul 26, 2013 05:41 PM PDT  By Aman Shah (Reuters) - Apple Inc has partially restored its main website for developers, eight days after shuttering it in response to a cyber attack that prompted a harried upgrade to prevent future breaches. Apple's developer site, which the company uses to communicate with its community of close to 6 million software developers, was back online on Friday, though some sections, including the forums and the member center, were still offline. The company had blocked access to the site after an intrusion last week and it is still not clear what data, if any, was compromised by the attack. ... Full Story | Top |
| Activision to spread its wings after Vivendi sale: CEO Friday, Jul 26, 2013 02:31 PM PDT  By Malathi Nayak SAN FRANCISCO (Reuters) - Activision Blizzard Inc's CEO, who is shelling out $50 million of his own money in an $8.2 billion deal to buy back most of Vivendi's stake, said the world's largest video game publisher will be freer to pursue acquisitions and grow after emerging from its French parent's wing. Bobby Kotick, one of the highest-paid and longest-running corporate chief executives in an industry ravaged in recent years by the rise of mobile gaming, told investors on a Friday conference call he thinks the company will be stronger as a result of the deal. ... Full Story | Top |
| Amazon hits new high on optimism about its U.S. business Friday, Jul 26, 2013 02:17 PM PDT  By Alistair Barr SAN FRANCISCO (Reuters) - Amazon.com Inc shares hit a record on Friday after quarterly results increased optimism about the Internet retailer's U.S. business. The company reported a second-quarter net loss and weaker international growth on Thursday. However, its domestic business expanded quickly and profit in the region improved. "Their biggest market looks really healthy," said Matt Nemer, an analyst at Wells Fargo. ... Full Story | Top |
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