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Daily Current Technology News - Reuter's Technology News

 Thu, 27 Nov 2014 00:17:01 GMT

Samsung Elec shares up sharply on $2 billion share buyback plan
Thu, 27 Nov 2014 00:11:36 GMTSEOUL (Reuters) - Shares of South Korean tech giant Samsung Electronics Co Ltd opened sharply higher on Thursday on the news that it will buy back $2 billion of its own stock.


U.S. court rejects Motorola Mobility price-fixing appeal
Wed, 26 Nov 2014 21:49:18 GMT(Reuters) - A federal appeals court rejected Motorola Mobility LLC's bid to sue several Asian suppliers under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units.








Uber CEO must turn over emails in gratuity lawsuit, U.S. judge rules
Wed, 26 Nov 2014 20:02:53 GMTOAKLAND, Calif. (Reuters) - Uber Chief Executive Travis Kalanick must disclose some of his emails to plaintiff lawyers in a lawsuit accusing the car service of misleading customers about how it shares gratuities with drivers, a U.S. judge said on Wednesday.


Icelandic hacker says guilty of stealing money from Wikileaks
Wed, 26 Nov 2014 20:00:12 GMTREYKJAVIK (Reuters) - An Icelandic computer hacker and former associate of Wikileaks founder Julian Assange unexpectedly pleaded guilty on Wednesday to embezzling 30 million Icelandic crowns ($240,000) from the organization.








Tibco merger vote can proceed despite $100 million error: judge
Wed, 26 Nov 2014 19:06:49 GMT(Reuters) - Tibco Software Inc can proceed with a shareholder vote next week on its proposed $4.2 billion buyout by private equity firm Vista Equity Partners, despite an erroneous share count that initially overvalued the deal by $100 million, a Delaware judge said.


Behind Google's Europe woes, American accents
Wed, 26 Nov 2014 18:30:41 GMTBRUSSELS (Reuters) - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.








AT&T says fiber spending pause affects only new commitments
Wed, 26 Nov 2014 17:31:48 GMTWASHINGTON (Reuters) - AT&T Inc sought to clarify to U.S. regulators its plans to pause investments in high-speed Internet connections until "net neutrality" rules are settled, saying in a letter on Wednesday that the plans related to new and not existing commitments.


GoPro to roll out consumer drones: WSJ
Wed, 26 Nov 2014 17:19:02 GMT(Reuters) - Wearable camera maker GoPro Inc is developing its own line of consumer drones, the Wall Street Journal reported, citing people familiar with the matter.








EU watchdogs to apply 'right to be forgotten' rule on Web worldwide
Wed, 26 Nov 2014 15:42:06 GMTBRUSSELS (Reuters) - European privacy regulators want Internet search engines such as Google and Microsoft's Bing to scrub results globally, not just in Europe, when people invoke their "right to be forgotten" as ruled by an EU court.


HP fourth-quarter revenue drops on weak enterprise demand
Wed, 26 Nov 2014 09:23:12 GMT(Reuters) - Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.








Samsung Electronics to buy back $2 billion in shares
Wed, 26 Nov 2014 08:39:30 GMTSEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.


Megaupload's Dotcom says extradition fight leaves him bust
Wed, 26 Nov 2014 04:04:52 GMTWELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom, one of the world's most wanted cyber fugitives, says his nearly three-year fight against extradition to the United States to face online piracy charges has left him broke.








Samsung Group sells shares in chemical, defense arms for $1.7 billion
Wed, 26 Nov 2014 03:59:29 GMTSEOUL (Reuters) - South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.


HP fourth-quarter revenue drops on weak enterprise demand
Tue, 25 Nov 2014 23:28:53 GMT(Reuters) - Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.








Twitter in talks to buy Bieber-backed selfie app Shots: CNBC
Tue, 25 Nov 2014 22:47:33 GMT(Reuters) - Twitter Inc is in talks to buy Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.


Twitter in talks to buy Bieber-backed selfie app Shots: CNBC
Tue, 25 Nov 2014 22:34:43 GMT(Reuters) - Twitter Inc is in talks to buy Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.








Microsoft to pay China $140 million for 'tax evasion'
Tue, 25 Nov 2014 21:41:12 GMTSEATTLE (Reuters) - China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there.








United States says EU's Google case should not be politicized
Tue, 25 Nov 2014 20:32:32 GMTBRUSSELS (Reuters) - The United States voiced concern on Tuesday over a draft plan by two EU lawmakers to break up Google Inc , saying politicians should not influence the EU's antitrust inquiry into the world's most popular Internet search engine.








Sony Pictures computer system down after reported hack
Tue, 25 Nov 2014 18:04:09 GMT(Reuters) - Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio.









 

 

 
 

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