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Daily Current Technology News - Reuter's Technology News

 Thu, 24 Jul 2014 12:26:18 GMT

Facebook shares set to reach record high as market likes earnings
Thu, 24 Jul 2014 12:23:57 GMT(Reuters) - Shares of Facebook Inc were set to open at a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.


In China, Apple's focus pays off while Samsung feels squeeze
Thu, 24 Jul 2014 11:55:21 GMTBEIJING (Reuters) - The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets.








Swatch Group denies working with Apple on smartwatch
Thu, 24 Jul 2014 11:43:32 GMTZURICH (Reuters) - Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions.


ECB says website hacked, no sensitive data affected
Thu, 24 Jul 2014 11:18:12 GMTFRANKFURT (Reuters) - The European Central Bank said on Thursday its website had been hacked and some email addresses and other contact information stolen but insisted no market-sensitive data were affected.








LG Electronics flags further mobile improvement after Q2 profit jump
Thu, 24 Jul 2014 11:07:29 GMTSEOUL (Reuters) - LG Electronics Inc signalled further improvement in its mobile business after record smartphone sales propelled the South Korean manufacturer to its highest quarterly profit in more than three years.


Google under fire from regulators over response to EU privacy ruling
Thu, 24 Jul 2014 11:03:32 GMTBRUSSELS (Reuters) - Google's handling of "right to be forgotten" requests from European citizens will come under fire from the continent's privacy watchdogs on Thursday, after the search engine restricted the removal of Internet links to European sites only.








Nokia's fortunes brighten on heavy network spending
Thu, 24 Jul 2014 10:40:03 GMTHELSINKI (Reuters) - Nokia surprised investors with strong quarterly earnings and raised its full-year profit margin forecast as network operators install more powerful systems to cope with surging mobile data traffic.


China regulator determines Qualcomm has monopoly: state-run newspaper
Thu, 24 Jul 2014 09:51:19 GMTBEIJING (Reuters) - China's antitrust regulator has confirmed that Qualcomm Inc, one of the world's biggest mobile chipmakers, has a monopoly, the state-run Securities Times newspaper reported on Thursday, as Qualcomm's chief executive held talks in China.


Dassault to buy planning software provider Quintiq
Thu, 24 Jul 2014 09:09:51 GMTPARIS (Reuters) - Dassault Systemes is to buy business planning software company Quintiq, its second acquisition this month, taking the French management solutions company into the metals, mining, oil and gas, rail delivery and freight industries for the first time.








ECB says website hacked, no sensitive data affected
Thu, 24 Jul 2014 08:46:13 GMTFRANKFURT (Reuters) - The European Central Bank said on Thursday its website had been hacked and some email addresses and other contact information stolen but insisted no market-sensitive data were affected.


SK Hynix sees chip sales slowing, posts dip in second-quarter profit
Thu, 24 Jul 2014 05:37:11 GMTSEOUL (Reuters) - SK Hynix Inc., the world's second-biggest memory chipmaker, on Thursday said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years, casting doubt on medium-term revenue growth.








Flaws could expose users of privacy-protecting software, researchers say
Thu, 24 Jul 2014 02:19:18 GMTSAN FRANCISCO (Reuters) - Researchers have found a flaw that could expose the identities of people using a privacy-oriented operating system touted by Edward Snowden, just two days after widely used anonymity service Tor acknowledged a similar problem.








Facebook beats Wall Street targets, stock hits record high
Thu, 24 Jul 2014 01:06:15 GMTSAN FRANCISCO (Reuters) - Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.


FTC commissioner warns on mobile health-data gathering
Thu, 24 Jul 2014 00:52:18 GMTSAN FRANCISCO (Reuters) - Federal Trade Commissioner Julie Brill, speaking in Washington on Wednesday, expressed concern about the way apps on smartphones and mobile devices are siphoning sensitive health data, and how some of that information may then be shared with third parties.








Seven arrests made in $1.6 million StubHub cyberfraud case
Wed, 23 Jul 2014 23:58:45 GMTNEW YORK (Reuters) - Police have arrested seven people on charges they were tied to an international ring that defrauded eBay Inc's StubHub online ticketing service of some $1.6 million, the latest in a string of high-profile cybercrime busts in recent months.








Facebook beats Wall Street targets, stock hits record high
Wed, 23 Jul 2014 23:56:01 GMTSAN FRANCISCO (Reuters) - Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.








AT&T's new device financing plan weighs on revenue
Wed, 23 Jul 2014 23:18:05 GMTWASHINGTON (Reuters) - AT&T Inc's quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.








Qualcomm struggles to collect royalties in China, stock falls
Wed, 23 Jul 2014 23:07:07 GMTSAN FRANCISCO (Reuters) - Qualcomm Inc's outlook for the September quarter was below Wall Street's expectations and its shares fell on Wednesday after the leading mobile chipmaker said it was having trouble collecting royalties in China.








Angie's List forecasts revenue below Street
Wed, 23 Jul 2014 22:20:28 GMT(Reuters) - Angie's List Inc, which operates a website that allows users to review local businesses, forecast quarterly revenue below estimates and reported a bigger-than-expected quarterly loss as it spent more to sign up customers.



 

 

 
 

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