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Judge scrutinizes Facebook deal to end privacy lawsuit over ads Friday, Jun 28, 2013 03:55 PM PDT By Dan Levine SAN FRANCISCO (Reuters) - Child rights advocates tried to convince a U.S. judge on Friday that a Facebook legal settlement did not go far enough to keep content created by minors out of the hands of advertisers. Five plaintiffs filed a proposed class action against Facebook in 2011, saying the social networking giant's "Sponsored Stories" program shared user's "likes" of certain advertisers without paying them or allowing them to opt out. The case has highlighted tension between privacy concerns and Facebook's drive to monetize user content. ... Full Story | Top |
InterDigital loses first round of US case against Huawei, others Friday, Jun 28, 2013 02:21 PM PDT By Diane Bartz WASHINGTON (Reuters) - Huawei Technologies, Nokia Corp and ZTE Corp did not violate cell phone patents owned by InterDigital Inc, a judge at the International Trade Commission said in a preliminary decision on Friday. The ITC's final decision in the case is expected to be issued in October. InterDigital, which buys and licenses patents, had accused the companies of violating seven patents used to make 3G wireless devices. The patents cover conservation of power and ensuring the right data goes to the right recipient, among other technology. ... Full Story | Top |
BlackBerry hits bump in turnaround road, shares plunge Friday, Jun 28, 2013 01:33 PM PDT By Euan Rocha and Alastair Sharp TORONTO (Reuters) - BlackBerry's total market value plunged by more than one-fourth on Friday after the smartphone maker reported dismal quarterly results, prompting ever-deeper skepticism about a long-promised turnaround. BlackBerry, which has struggled to claw back market share from the likes of Apple Inc's iPhone, Samsung Electronics Co Ltd's Galaxy phones and other devices powered by Google Inc's Android operating system, reported a loss in the fiscal first quarter ended June 1, and sales of its make-or-break new line of devices were softer than expected. ... Full Story | Top |
Intel's new CEO focused on mobile chips, cautious on TV Friday, Jun 28, 2013 01:19 PM PDT By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's new CEO said on Friday he would speed up the rollout of chips for smartphones, tablets and wearable devices as consumers move away from personal computers. Brian Krzanich, an Intel manufacturing guru who took over as chief executive officer in May, also took a cautious tone about the top chipmaker's planned foray into television and said Intel continues to look at the business model. "We believe we have a great user interface and the compression-decompression technology is fantastic," Krzanich said. ... Full Story | Top |
Facebook to pull ads from pages with sex, violence Friday, Jun 28, 2013 12:26 PM PDT By Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc said it will no longer allow ads to appear on pages with sexual or violent content, as the online social network moves to appease marketers being associated with objectionable material. The moves come a month after several businesses pulled their ads from Facebook amid reports of pages on Facebook that promoted violence against women. ... Full Story | Top |
Canada to review all wireless spectrum transfer deals Friday, Jun 28, 2013 12:03 PM PDT By Alastair Sharp TORONTO (Reuters) - The Canadian government will review all sales of wireless airwave licenses and reject any deals that would lead to undue concentration, it said on Friday in its latest move to weaken the dominance of the country's three big wireless carriers. The new rules come after two of Canada's biggest telecom companies - Rogers Communications Inc and Telus Corp - tried to acquire spectrum owned by smaller operators. ... Full Story | Top |
Google reveals new London 'groundscraper' HQ Friday, Jun 28, 2013 08:58 AM PDT By Tom Bill LONDON (Reuters) - Google has revealed that its new UK headquarters is a building longer than the Shard skyscraper is tall. The so-called groundscraper at the King's Cross Central development is the latest overseas property deal by the cash-rich U.S. internet group, which will house all of its London staff under one roof when completed in 2016. Google revealed designs for the low-rise one million square feet scheme on Friday after announcing its move to King's Cross in January. ... Full Story | Top |
Accenture cuts full-year outlook as consulting slows further Friday, Jun 28, 2013 08:41 AM PDT By Sruthi Ramakrishnan (Reuters) - Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates. Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd. ... Full Story | Top |
Higher cable, satellite prices boost Shaw's profit Friday, Jun 28, 2013 07:23 AM PDT (Reuters) - Canada's Shaw Communications Inc reported stronger-than-expected quarterly results and raised its cash-flow forecast, sending its shares up 3 percent in early trading. But the company, the dominant cable TV operator in Western Canada, managed only a marginal rise in third-quarter profit as it lost subscribers to its video cable and satellite TV services. Shaw said the number of subscribers to its video services fell by 26,578, or 1.3 percent, to 2.07 million in the quarter, while the number of those taking its "direct to home" satellite service slipped by 2,930 or 0. ... Full Story | Top |
T-Mobile buys wireless spectrum from U.S. Cellular for $308 million Friday, Jun 28, 2013 05:33 AM PDT (Reuters) - T-Mobile US Inc agreed to buy wireless spectrum covering the Mississippi Valley region from U.S. Cellular Corp for about $308 million in cash. The fourth-largest U.S. wireless service provider said the additional spectrum will allow it to expand its 4G LTE network across 29 markets covering 32 million people in several southern states. (Reporting by Chandni Doulatramani in Bangalore; Editing by Anthony Kurian) Full Story | Top |
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