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Daily Current Technology News - Reuter's Technology News

 Fri, 24 May 2013 22:18:23 GMT

Tiger Global invests $50 million in Automattic's WordPress.com
Fri, 24 May 2013 22:08:01 GMTSAN FRANCISCO (Reuters) - Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund and private-equity investor Tiger Global on Friday.


Google to bankroll, build wireless networks across Africa: WSJ
Fri, 24 May 2013 21:51:36 GMT(Reuters) - Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on Friday.



Yahoo joins growing list of bidders for Hulu: sources
Fri, 24 May 2013 20:19:20 GMTLOS ANGELES/NEW YORK (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday.


Unhappy with how your fave series is faring? Amazon gives you a say
Fri, 24 May 2013 18:45:00 GMTSAN FRANCISCO (Reuters) - Amazon is once again shaking up traditional publishing models. This time, it's giving fans a chance to add their own personal touches to their favorite fiction - and get paid in the process.


Google eyes Waze as Facebook circles hot Web maps property
Fri, 24 May 2013 18:22:24 GMTSAN FRANCISCO (Reuters) - Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.



Russia's leading social network banned by "mistake"
Fri, 24 May 2013 17:12:10 GMTMOSCOW (Reuters) - Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company as President Vladimir Putin consolidates his power.


SAP revamps management to focus on cloud computing
Fri, 24 May 2013 15:37:47 GMTFRANKFURT (Reuters) - German business software maker SAP said it was revamping its management to sharpen its focus on cloud computing as demand for the service which saves clients money grows.


Etisalat makes top bid for Vivendi's Maroc Tel: sources
Fri, 24 May 2013 14:45:49 GMTPARIS/LONDON (Reuters) - Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter.


Dish and nTelos to jointly develop broadband service
Fri, 24 May 2013 12:46:51 GMT(Reuters) - Satellite TV provider Dish Network Corp and wireless network provider nTelos Holdings Corp said they would jointly develop a broadband service within nTelos's coverage territory serving parts of Virginia, Maryland and a few other states.



Google faces new federal antitrust probe: source
Fri, 24 May 2013 00:54:35 GMTWASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in Web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters on Thursday.


Hulu video site auction attracts four bidders: sources
Fri, 24 May 2013 00:00:23 GMTLOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service.



Hulu video site auction attracts four bidders: sources
Thu, 23 May 2013 23:02:05 GMTLOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service.


Judge says leaning toward U.S. in Apple e-books case
Thu, 23 May 2013 23:00:45 GMTNEW YORK (Reuters) - In an unusual move before a trial, a federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple Inc engaged in a conspiracy with publishers to increase e-book prices.


ITC says Microsoft did not violate Google patent
Thu, 23 May 2013 22:48:41 GMTWASHINGTON (Reuters) - Microsoft Corp won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility.


Google faces new federal antitrust probe: source
Thu, 23 May 2013 22:09:41 GMTWASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday.



Angie's List eyes 'year of transition' as cashflow turns positive
Thu, 23 May 2013 22:05:42 GMT(Reuters) - Angie's List Inc expects cashflow to turn positive this year as it spends less on acquiring new paid customers for its consumer review website, the company's co-founder said, fending off criticism of its business model by short-seller Citron Research.


Icahn seeks up to $7 billion for Dell bid
Thu, 23 May 2013 20:51:26 GMTNEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.


Apple enjoyed Irish tax holiday from the start
Thu, 23 May 2013 19:55:53 GMTSAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.


ChannelAdvisor soars in debut
Thu, 23 May 2013 18:30:25 GMT(Reuters) - ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling.



 

 

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