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Tuesday, July 26, 2011 12:12 AM PDT

Today's Reuters Technology News Headlines - Yahoo! News: Zynga partners with Tencent to debut first mainland China game Baidu sees strong third quarter on China ads Saudi billionaire backs News Corp structure: report LinkedIn tightens ties between jobseekers, employers AOL's top advertising executive to leave company Airbnb secures $112 million in second round of financing Samsung CEO: To hike memory chip capex Canon lifts forecast after rapid quake recovery Chinese city orders two fake Apple Stores to close China's Apple frenzy triggers wave of smuggling Analysis: Apple juggernaut to see more China gains Who is paying News Corp's legal bills? Dow Jones panel says found no U.S. wrongdoing Cameron faces fresh fire over News Corp meetings Quick guide to the News Corp hacking scandal Zynga partners with Tencent to debut first mainland China game Mon,25 Jul 2011 08:17 PM PDT Reuters - NEW YORK (Reuters) - Social games maker Zynga is partnering with Tencent Holdings Ltd, the Chinese Internet company, to launch its first game in mainland China as it tries to find new users by tapping into the $5.8 billion Chinese games market. Full Story Top Baidu sees strong third quarter on China ads Mon,25 Jul 2011 08:07 PM PDT Reuters - LOS ANGELES/SHANGHAI (Reuters) - China's top search engine Baidu Inc forecast revenue well ahead of Wall Street's expectations as large advertisers increased spending, sending its shares up around 7 percent. Full Story Top Saudi billionaire backs News Corp structure: report Mon,25 Jul 2011 04:17 PM PDT Reuters - LONDON (Reuters) - News Corp's major shareholder Prince Alwaleed bin Tala has rebuffed calls to change the company's dual-class structure or leadership, the Financial Times reported in its Tuesday edition. Full Story Top LinkedIn tightens ties between jobseekers, employers Mon,25 Jul 2011 01:54 PM PDT Reuters - SAN FRANCISCO (Reuters) - Professional social network LinkedIn took the wraps off a tool that allows jobseekers to apply for open positions by sending their LinkedIn profiles directly to prospective employers. Full Story Top AOL's top advertising executive to leave company Mon,25 Jul 2011 11:11 AM PDT Reuters - NEW YORK (Reuters) - AOL Inc's top advertising executive will leave the company as part of a revamping designed to turn around its advertising sales, AOL's chief executive told employees on Monday. Full Story Top Airbnb secures $112 million in second round of financing Mon,25 Jul 2011 10:26 AM PDT Reuters - LOS ANGELES (Reuters) - Airbnb, a website that lets travelers rent rooms in private homes around the globe, has secured $112 million in a second round of financing from Andreessen Horowitz, DST Global and General Catalyst. Full Story Top Samsung CEO: To hike memory chip capex Mon,25 Jul 2011 06:37 AM PDT Reuters - SEOUL (Reuters) - Samsung Electronics Co plans to raise investment in memory chips this year and will not cut its overall investment for the second half despite economic uncertainty hitting component demand, its chief executive said on Monday. Full Story Top Canon lifts forecast after rapid quake recovery Mon,25 Jul 2011 06:33 AM PDT Reuters - TOKYO (Reuters) - Canon Inc posted better-than-expected quarterly profits and raised its annual forecast after it staged a rapid recovery from supply chain woes sparked by the March 11 earthquake. Full Story Top Chinese city orders two fake Apple Stores to close Mon,25 Jul 2011 04:12 AM PDT Reuters - KUNMING, China (Reuters) - Chinese officials in Kunming have ordered two fake Apple shops to close, not because of piracy or copyright concerns, but because the stores in the southwestern city did not have an official business permit. Full Story Top China's Apple frenzy triggers wave of smuggling Mon,25 Jul 2011 02:09 AM PDT Reuters - HONG KONG (Reuters) - In a crowded multi-storeyed marketplace in downtown Shenzhen, a store owner haggles with a cigarette-smoking customer over the price for a bulk sale. Full Story Top Analysis: Apple juggernaut to see more China gains Sun,24 Jul 2011 09:18 PM PDT Reuters - HONG KONG (Reuters) - Apple is set to exponentially grow its China business as the country's No.1 and No.3 telecom operators jostle to stitch up deals to sell iPhones in the world's largest mobile phone market, home to more than 900 million subscribers. Full Story Top Who is paying News Corp's legal bills? Sun,24 Jul 2011 07:46 PM PDT Reuters - NEW YORK (Reuters) - With executives from News Corp and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. Full Story Top Dow Jones panel says found no U.S. wrongdoing Sun,24 Jul 2011 07:46 PM PDT Reuters - NEW YORK (Reuters) - The Dow Jones Special Committee, responding to a letter from two U.S. senators, said it had found at News Corp's Wall Street Journal and Dow Jones Newswires no sign of journalistic wrongdoing like the phone-hacking scandal at its British newspapers. Full Story Top Cameron faces fresh fire over News Corp meetings Sun,24 Jul 2011 07:46 PM PDT Reuters - LONDON (Reuters) - Prime Minister David Cameron came under renewed pressure to detail his relations with scandal-hit News Corp on Thursday and the spotlight fell on other newspaper groups when an official said police were reviewing their reporting methods. Full Story Top Quick guide to the News Corp hacking scandal Sun,24 Jul 2011 07:46 PM PDT Reuters - LONDON (Reuters) - A phone-hacking scandal has rocked Rupert Murdoch's business empire, British politicians and police, and forced News Corp to abandon a bid to buy the whole of broadcaster BSkyB. Full Story Top

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