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Bitter struggle over Internet regulation to dominate global summit Tuesday, Nov 27, 2012 10:53 AM PST SAN FRANCISCO (Reuters) - An unprecedented debate over how the global Internet is governed is set to dominate a meeting of officials in Dubai next week, with many countries pushing to give a United Nations body broad regulatory powers even as the United States and others contend such a move could mean the end of the open Internet. ... Full Story | Top |
WikiLeaks' Assange blames U.S. right for funding block Tuesday, Nov 27, 2012 10:37 AM PST LONDON/BRUSSELS (Reuters) - WikiLeaks founder Julian Assange accused "hard-right" U.S. politicians on Tuesday of pressing European credit card firms to block more than $50 million of donations to the website that published thousands of secret U.S. diplomatic cables. Assange, speaking to reporters at the Ecuadorean embassy in London where he took refuge in June to avoid extradition to Sweden, said the credit card companies' action had forced WikiLeaks to reduce the volume of documents it posted online. ... Full Story | Top |
HP rebuffs ex-Autonomy CEO, warns of legal action Tuesday, Nov 27, 2012 10:28 AM PST SAN FRANCISCO (Reuters) - Hewlett Packard Co rebuffed former Autonomy CEO Mike Lynch's request for details of its accusations against the British software firm and its former executives, saying the matter is now in the hands of U.S. and British authorities. On Tuesday, Lynch sent an open letter to HP's board asking for details of accounting-impropriety allegations that the U.S. company is leveling against him and other executives, that HP said last week led to an $8.8. billion charge. Lynch also asked for any documents that HP provided to the U.S. Securities and Exchange Commission. ... Full Story | Top |
Apple has top U.S. smartphone, passes Google: research firm Tuesday, Nov 27, 2012 10:22 AM PST HELSINKI (Reuters) - Early success for the iPhone 5 smartphone has helped Apple to overtake Google's Android software in the United States, research firm Kantar WorldPanel said on Tuesday. Apple's U.S. share of smartphone sales in the 12 weeks to October 31 more than doubled from a year ago to 48.1 percent, putting it within reach of the record 49.3 percent it managed in early 2012. Android's share dropped to 46.7 percent from 63.3 percent, Kantar WorldPanel's data showed, but it continues to dominate in key European markets. ... Full Story | Top |
Tech firms overtake banks in European office rentals Tuesday, Nov 27, 2012 09:49 AM PST LONDON (Reuters) - Triton Court, a century-old old art deco building on London's Finsbury Square, is a good example of how the financial crisis is transforming demand for commercial property in Europe. Its grand, arched entrance faces the City's financial heartland while a scruffy, narrow street runs along the back in a gritty area containing technology firms such as Google and Mind Candy, creator of online game Moshi Monsters. Resolution Property paid 43 million pounds ($69 million) for the empty block in June. ... Full Story | Top |
Kim Kardashian tops list of Bing searches Tuesday, Nov 27, 2012 09:46 AM PST NEW YORK (Reuters) - Kim Kardashian topped the 2012 list of the most-searched person on Bing, the Web search engine said on Tuesday, with Canadian teen pop star Justin Bieber coming in second. Kardashian, the reality television personality from "Keeping Up With The Kardashians," grabbed the No. 1 spot back from Bieber after she topped Bing's annual list in 2010 and Bieber came in first last year. ... Full Story | Top |
Former Autonomy CEO seeks details from HP board on accounting allegations Tuesday, Nov 27, 2012 09:34 AM PST SAN FRANCISCO (Reuters) - Former Autonomy Chief Executive Mike Lynch asked Hewlett-Packard Co's board of directors for specific details about the accounting allegations which led the company to take an $8.8 billion write-down last week. In an open letter to HP's board on Tuesday, Lynch also asked for the interim report and other documents that HP provided to the SEC. (Reporting By Alexei Oreskovic) Full Story | Top |
Autonomy's Lynch again rejects HP allegations Tuesday, Nov 27, 2012 09:27 AM PST LONDON (Reuters) - Mike Lynch, the former head of software firm Autonomy, has written an open letter to Hewlett Packard renewing his rejection of a charge of accounting impropriety leveled at his management team by the U.S. company. HP bought Autonomy last year for $11.1 billion but shocked investors last week with an 8.8 billion write-down of the acquisition, much of which it attributed to the alleged accounting irregularities. The letter, a copy of which was seen by Reuters, was dated November 27. (Reporting by Andrew Callus; Editing by Alex Smith) Full Story | Top |
Cyber Monday best ever, including for Amazon's Kindle Tuesday, Nov 27, 2012 07:27 AM PST (Reuters) - Internet sales jumped 30.3 percent on Cyber Monday, making it the biggest online shopping day ever, according to IBM. Monday was also a record day for sales of Amazon.com Inc's Kindle electronic devices, the online retailer said, without saying how many it sold. Besides the 30.3 percent increase from Cyber Monday of 2011, total online sales were up more than 36 percent from this year's Black Friday, according to International Business Machines Corp, which analyzes transactions from 500 U.S. retailers. ... Full Story | Top |
Analysis: Europe's telcos in slow lane as cable takes the tape Tuesday, Nov 27, 2012 06:05 AM PST PARIS/LONDON (Reuters) - Far from fearing the coming investment from Europe's telecom giants into superfast broadband, smaller cable firms believe they will still beat the big guns to the trigger. Cable operators Liberty Global, Ziggo, Kabel Deutschland and Virgin Media have already stolen a march on their less nimble rivals, winning customers and investors with their expansion into broadband. Their cable lines, designed to deliver TV to homes, have been upgraded to carry voice calls and Internet at speeds often five times faster than competing services from the telcos. ... Full Story | Top |
Second wind for Egyptian telco tycoon Sawiris Tuesday, Nov 27, 2012 05:44 AM PST (Reuters) - Egyptian tycoon Naguib Sawiris is used to ruffling feathers and making headlines. He was up to both on Tuesday, provoking shareholders at Telecom Italia with proposals to make himself a significant shareholder at half the price they might want, while the political party he co-founded prepared for protests against Egypt's president. The 58-year old entrepreneur, who built an emerging markets telecoms empire that once stretched from North Korea to Algeria, is plotting a surprise return to the European telecom scene by buying a stake in Telecom Italia via a 3 billion euro ($3. ... Full Story | Top |
Fed's Lockhart warns of unusual threats to financial system Tuesday, Nov 27, 2012 05:22 AM PST BERLIN (Reuters) - A top Federal Reserve official warned on Tuesday of potential risks to financial stability from cyberattacks on the U.S. payments system and from a looming funding gap in public pensions. In a speech to a conference in the German capital, the president of the Atlanta Federal Reserve, Dennis Lockhart, said that at a global level the span of vigilance needed to be extremely broad. ... Full Story | Top |
Tajikistan blocks Facebook access to silence critics Tuesday, Nov 27, 2012 04:24 AM PST DUSHANBE (Reuters) - Tajikistan has blocked access to Facebook in response to a slew of comments spreading "mud and slander" about veteran President Imomali Rakhmon and officials in the Central Asian republic. The ban on the popular social networking site is the latest crackdown on dissent in Tajikistan a year before an election that could extend Rakhmon's two-decade rule. ... Full Story | Top |
Ericsson sues Samsung for patent infringement Tuesday, Nov 27, 2012 04:00 AM PST STOCKHOLM (Reuters) - Ericsson, the world's biggest telecom network equipment maker, said it was suing Samsung Electronics Co for patent infringement after two years of talks failed to yield a license agreement. Sweden's Ericsson, which reckons more than 40 percent of the world's mobile traffic passes through its networks, filed a lawsuit in the United States saying Samsung had refused to sign a license to use technology on terms it referred to as fair, reasonable and non-discriminatory (FRAND). ... Full Story | Top |
Samsung to ship 16 million Windows 8 and 7 computers this year: executive Tuesday, Nov 27, 2012 03:12 AM PST NEW DELHI (Reuters) - Samsung Electronics Co Ltd will ship 16 million tablets and laptop computers operating on Microsoft Corp's Windows 8 and Windows 7 operating systems this year, said Jin Park, vice president of the IT solutions business at Samsung. Microsoft, the world's largest software company, launched its new-look, touch-friendly Windows 8 earlier this year to grip customers' imagination, as it looks to regain ground lost to Apple Inc and Google Inc in mobile computing and shake up the moribund PC market. ... Full Story | Top |
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