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Daily Current Technology News - Reuter's Technology News

 Thu, 17 Apr 2014 00:12:16 GMT

Google misses revenue target, ad prices slide
Thu, 17 Apr 2014 00:05:28 GMTSAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.

Canadian charged in 'Heartbleed' attack on tax agency
Wed, 16 Apr 2014 23:45:48 GMTOTTAWA (Reuters) - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from a government website, the Royal Canadian Mounted Police (RCMP) said on Wednesday.

Sony sells more than 7 million Playstation 4 consoles
Wed, 16 Apr 2014 23:24:43 GMTSAN FRANCISCO (Reuters) - Sony Corp sold more than 7 million PlayStation 4 units as of April 6 and is struggling to keep pace with demand for the video game console, the company said on Wednesday.

Yahoo nominates three new members to board
Wed, 16 Apr 2014 23:20:37 GMT(Reuters) - Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board.

IBM's quarterly revenue sinks to 5-year low as hardware sales fall
Wed, 16 Apr 2014 23:10:54 GMT(Reuters) - IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products.

Wal-Mart to unveil new service with electronic payments provider
Wed, 16 Apr 2014 22:20:26 GMTNEW YORK (Reuters) - Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.

Online dating website Zoosk files for IPO of up to $100 million
Wed, 16 Apr 2014 22:04:04 GMT(Reuters) - Online dating website Zoosk Inc filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.

U.S. SEC releases cyber security examination blueprint
Wed, 16 Apr 2014 21:06:42 GMTWASHINGTON (Reuters) - U.S. securities regulators have unveiled a road map that lays out how they plan to make sure Wall Street firms are prepared to detect and prevent cyber security attacks.

Google first-quarter revenue misses Wall Street targets
Wed, 16 Apr 2014 20:40:10 GMTSAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, pushing its shares sharply lower.

American Funds urges password change to counter 'Heartbleed' bug
Wed, 16 Apr 2014 19:39:50 GMTBOSTON (Reuters) - American Funds, the No. 3 U.S. mutual fund family, advised some customers to change user names and passwords on Wednesday as the number of companies and people affected by the notorious "Heartbleed" bug grows.

GrubHub agrees to tip-free restaurant fees with NY Attorney General
Wed, 16 Apr 2014 18:47:05 GMTNEW YORK (Reuters) - Online food delivery service GrubHub settled a probe by the New York state attorney general on Wednesday by agreeing to not to charge fees that would allow it to make money off customers' tips.

BlackBerry's meltdown sparks start-up boom in Canada's Silicon Valley
Wed, 16 Apr 2014 18:42:30 GMT(Reuters) - The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario. Instead, there are hot sports cars in the streets and new companies filling the refurbished office buildings.

Yahoo shares jump as Alibaba's revenue surges ahead of IPO
Wed, 16 Apr 2014 14:52:38 GMT(Reuters) - Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue.

Mt. Gox set to liquidate as court denies rehabilitation
Wed, 16 Apr 2014 14:18:34 GMT(Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court-appointed administrator said on Wednesday.

Megaupload's Dotcom, facing legal threat, launches political party
Wed, 16 Apr 2014 12:51:11 GMTAUCKLAND (Reuters) - Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.

China gets first bitcoin ATM, skirting bank crackdown
Wed, 16 Apr 2014 11:17:19 GMTSHANGHAI (Reuters) - BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.

Tencent launches Candy Crush game in China
Wed, 16 Apr 2014 10:10:12 GMTSHANGHAI (Reuters) - Chinese tech giant Tencent Holdings Ltd will launch a Chinese version of King Digital Entertainment Plc's explosively popular "Candy Crush Saga" game in China, as the UK-based mobile games maker looks to woo new users to support flagging sales in the United States and Europe.

Alibaba's growth accelerates, U.S. IPO filing expected next week
Wed, 16 Apr 2014 07:43:46 GMTSAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering.

China e-commerce giant Alibaba seen filing for U.S. IPO next week: sources
Wed, 16 Apr 2014 06:26:01 GMTHONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm.




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