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| Microsoft to unveil big management reorganization Thursday: report Tuesday, Jul 09, 2013 12:08 PM PDT  SAN FRANCISCO (Reuters) - Microsoft Corp will unveil on Thursday its biggest management reorganization in at least five years, to better compete in a world of mobile devices and Web-based services, according to the technology blog AllThingsD. The changes will shift the duties and responsibilities of many top Microsoft executives and are intended to eliminate overlap within the 98,000-employee company, AllThingsD reported on Monday, citing anonymous sources. ... Full Story | Top |
| Apple, Amazon end 'app store' lawsuit Tuesday, Jul 09, 2013 11:36 AM PDT  By Jonathan Stempel (Reuters) - Apple Inc and Amazon.com Inc have ended their lawsuit over who has the right to use the "app store" name, clearing the way for both companies to use it. U.S. District Judge Phyllis Hamilton in Oakland, California, on Tuesday ordered that the case be dismissed at the companies' request, averting a trial that had been scheduled for August 19. This came after Apple issued to Amazon a covenant not to sue over the online retailer's use of the term, eliminating the need for Amazon to pursue a counterclaim seeking permission. ... Full Story | Top |
| Dell shareholder Yacktman backs Icahn buyout proposal Tuesday, Jul 09, 2013 11:26 AM PDT  (Reuters) - Dell Inc shareholder Yacktman Asset Management threw its support behind Carl Icahn and Southeastern Asset Management's buyout proposal for the PC maker. Yacktman, which holds 14.8 million shares of Dell, said it believes Dell founder and Chief Executive Michael Dell's $24.4 billion buyout offer is depressing the stock. "A change in the board of directors could significantly improve this and other issues and lead to enhanced shareholder value," Yacktman said in statement on Tuesday. While Yacktman's support could bolster Icahn's plan, the firm's stake in Dell is only about 0. ... Full Story | Top |
| Apps aim to help people get fit and stay fit Tuesday, Jul 09, 2013 11:16 AM PDT By Natasha Baker TORONTO (Reuters) - There's no shortage of health and fitness apps monitoring everything from sleep patterns to calories and caffeine consumption. Free apps such as MyFitnessPal track diet and weight and can connect with apps like RunKeeper, which monitors fitness, to adjust calorie intake based on the speed and duration of a run. Sleep 101, for the iPhone, and Sleep Bot, for Android devices, monitor sleep patterns and quality. Now there's Argus, a free app for iPhones released last week. ... Full Story | Top |
| France eliminates threat to cut off internet pirates Tuesday, Jul 09, 2013 11:02 AM PDT  PARIS (Reuters) - France has put an end to the most controversial element of a copyright piracy law that allowed the government to cut off the Internet subscriptions of repeat offenders. The Socialist government of Francois Hollande published an official decree on Tuesday to erase the provision in the law that allowed courts to deprive copyright violaters of their internet connectivity if they transgressed on three occasions. However, other sanctions, such as fines, will remain in place. ... Full Story | Top |
| CEO says BlackBerry on right path, open to all options Tuesday, Jul 09, 2013 09:38 AM PDT  By Euan Rocha WATERLOO, Ontario (Reuters) - BlackBerry Ltd is on the right path for a turnaround despite the disappointing debut of its make-or-break line of smartphones, its CEO insisted on Tuesday, allowing that the company remains open to any options that would create value for its investors. "BlackBerry will pursue every opportunity to create value for shareholders," Chief Executive Thorsten Heins told investors at the company's subdued annual meeting. ... Full Story | Top |
| Britain battles to build tech giant as home-grown talent goes West Tuesday, Jul 09, 2013 04:09 AM PDT  By Paul Sandle, Dasha Afanasieva and Tommy Wilkes LONDON (Reuters) - East London's technology hub is established well beyond start-up status: Thousands of new web firms now work in the offices around Old Street and on any given day the area's coffee shops buzz with young hopefuls meeting advisers and investors. Britain's government has christened the area "Tech City" and makes no secret of its hope that the entrepreneurial ventures being dreamed up there can spearhead an economic boost to lift the country out of a long recession. ... Full Story | Top |
| Nujira, TowerJazz extend agreement to 4G phone power-saving chip Tuesday, Jul 09, 2013 03:45 AM PDT JERUSALEM (Reuters) - Chip makers TowerJazz and Nujira Ltd said they extended their partnership agreement to include production of Nujira's chip that prolongs the battery life for fourth generation (4G) smartphones. The chip uses envelope tracking technology, which reduces power consumption of the power amplifier that transmits the signal to the antenna, the companies said on Tuesday. A market source estimated that the deal would mean $25 million of revenue to Israel-based TowerJazz in 2014 and up to $50 million in 2016. (Reporting by Steven Scheer) Full Story | Top |
| Snowden affair blunts U.S. push for China to curb cyber theft Tuesday, Jul 09, 2013 03:35 AM PDT  By Paul Eckert WASHINGTON (Reuters) - Revelations by former U.S. spy agency contractor Edward Snowden will make it harder for the United States to confront China at talks this week over the alleged cyber theft of trade secrets worth hundreds of billions of dollars a year. Snowden's disclosures of American electronic surveillance around the world give China an argument to counter U.S. complaints that it steals private intellectual property (IP) from U.S. companies and research centers. ... Full Story | Top |
| Video game personality Ryan Davis dead at 34 Monday, Jul 08, 2013 06:14 PM PDT By Malathi Nayak SAN FRANCISCO (Reuters) - Video game journalist and podcaster Ryan Davis, known for his devout fan following in the tight-knit community, died last week at the age of 34, Giant Bomb, the news gaming site he cofounded, said on Monday. Davis had a visible online presence in the video game community through the popular podcast "the Giant Bombcast" he hosted every week to discuss industry news and review games. A former editor at the video game news site GameSpot, Davis co-founded Giant Bomb in 2008. ... Full Story | Top |
| Hackers in four-year effort to steal South Korea military secrets: study Monday, Jul 08, 2013 02:55 PM PDT  By Jim Finkle BOSTON (Reuters) - A mysterious group of computer hackers has spent four years spying on the South Korea military, U.S. security software maker McAfee said Monday, citing evidence uncovered from malicious software samples. The findings, which were not confirmed by authorities in Seoul, provide one possible motive for ongoing attacks on South Korea that date to 2009. McAfee, a division of Intel Corp, did not identify a sponsor for the attacks but said they were carried out by a hackers group known as the New Romanic Cyber Army Team. ... Full Story | Top |
| Snowden affair clouds U.S. attempts to press China to curb cyber theft Monday, Jul 08, 2013 02:33 PM PDT By Paul Eckert WASHINGTON (Reuters) - Revelations by former U.S. spy agency contractor Edward Snowden will make it harder for the United States to confront China at talks this week over the alleged cyber theft of trade secrets worth hundreds of billions of dollars each year. Snowden's disclosures of American electronic surveillance around the world give China an argument to counter U.S. complaints that it steals private intellectual property (IP) from U.S. companies and research centers. ... Full Story | Top |
| Proxy firm Glass Lewis also backs Michael Dell's buyout offer Monday, Jul 08, 2013 01:36 PM PDT SAN FRANCISCO (Reuters) - Shareholder advisory firm Glass Lewis joined ISS on Monday in recommending that Dell Inc stockholders vote in favor of CEO Michael Dell's $24.4 billion offer to take over the ailing PC maker. Investors in the company, several of which have pushed for better terms from the company's founder and private equity house Silver Lake, are scheduled to vote on the offer July 18. Full Story | Top |
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