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| Twitter goes for more eye-catching look Wednesday, Oct 30, 2013 12:05 AM PDT  By Gerry Shih SAN FRANCISCO (Reuters) - Twitter was born in 2006 as a stream of SMS text messages. Before going public in 2013, it's now reveling in images. The company tweaked its design Tuesday to favor image- and video-sharing by showing visual media directly within the Twitter timeline. Users previously had to click on a tweet to view the embedded multimedia. ... Full Story | Top |
| Taiwan says Hon Hai among six winners of 4G licenses Tuesday, Oct 29, 2013 11:54 PM PDT TAIPEI (Reuters) - Taiwan's National Communications Commission (NCC) said on Wednesday six companies would pay T$118.65 billion ($4.03 billion), more than triple the original offer price, for 12 domestic fourth-generation (4G) mobile spectrum licenses as the bidders try to seize market share in the high-margin business. The world's largest electronics assembler, Hon Hai Precision Industry, won two licenses as it seeks diversify beyond its traditional contract manufacturing business. ... Full Story | Top |
| Apple's iPad Air is a major improvement, but pricier than competitors: reviews Tuesday, Oct 29, 2013 11:23 PM PDT  (Reuters) - Apple Inc has not reinvented the wheel with the iPad Air, but the thinner device, priced higher than many of its competitors, is a major improvement on a successful product, the reviewers wrote on Tuesday. Writing for the Wall Street Journal, Walt Mossberg called the iPad Air the best tablet he has ever reviewed. "That isn't just because of its slimmer, lighter design, but because Apple boasts 475,000 apps optimized for tablet use - far more than any other tablet platform," Mossberg wrote. (http://link.reuters.com/wyk34v) Mossberg said the new iPad weighs just 1 pound, down from 1. ... Full Story | Top |
| China Mobile flags 4G on website, stokes iPhone speculation Tuesday, Oct 29, 2013 11:22 PM PDT  By Paul Carsten BEIJING (Reuters) - China Mobile has put an advert for the faster 4G mobile network on its website, raising expectations that a long-awaited distribution deal between the world's largest mobile carrier and Apple Inc may be announced as early as next week. China Mobile's website, on its main page, displayed a cartoon tornado alongside the words "the invasion of 4G" and the dates "November 9-11" (http://www.10086.cn/1111). ... Full Story | Top |
| Bharti Airtel's operating performance boosts outlook Tuesday, Oct 29, 2013 10:35 PM PDT  By Matthias Williams NEW DELHI (Reuters) - Bharti Airtel Ltd's better-than-expected operating performance and higher margins reinforced expectations that India's long-suffering mobile phone services market is turning the corner even as the market leader reported its 15th consecutive quarter of declining profit. Bharti shares were trading up 3.5 percent at 353.70 rupees in morning trade after rising as much as 5.5 percent in a Mumbai market that was up 0.2 percent. ... Full Story | Top |
| LinkedIn's conservative forecast gives pause to sizzling stock surge Tuesday, Oct 29, 2013 08:07 PM PDT  By Gerry Shih SAN FRANCISCO (Reuters) - LinkedIn Corp issued a conservative revenue forecast through the end of the year that damped a sizzling run in its stock price, taking the shine off an upbeat performance at the professional social network in the third quarter. The company said it expected between $415 million and $420 million in revenue for the final three months of the year, lower than the $438 million expected by analysts polled by Thomson Reuters I/B/E/S. LinkedIn said fourth-quarter growth will not be as impressive as a year ago when it rolled out new features. ... Full Story | Top |
| Google takes secrecy to new heights with mystery barge Tuesday, Oct 29, 2013 07:16 PM PDT  By Ronnie Cohen and Alexei Oreskovic SAN FRANCISCO (Reuters) - How badly does Google want to keep under wraps a mysterious project taking shape on a barge in San Francisco Bay? Badly enough to require U.S. government officials to sign confidentiality agreements. At least one Coast Guard employee has had to sign a non-disclosure agreement with the Internet giant, said Barry Bena, a U.S. Coast Guard spokesman. Another person who would only identify himself as an inspector for a California government agency had to do the same. ... Full Story | Top |
| Bitcoin goes mainstream with ATM in Vancouver coffee shop Tuesday, Oct 29, 2013 04:12 PM PDT  By Julie Gordon VANCOUVER (Reuters) - A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for the digital currency bitcoin, offering an almost instant way to exchange the world's leading virtual money for cash. The value of a bitcoin soared from $13 in January to a high of $266 in April as more businesses and consumers used them to buy and sell online. Some investors are also treating bitcoins like gold, using them to hedge against currency fluctuations and speculating on their rise. ... Full Story | Top |
| Adobe data breach more extensive than previously disclosed Tuesday, Oct 29, 2013 03:32 PM PDT  By Jim Finkle BOSTON (Reuters) - Adobe Systems Inc said on Tuesday that the scope of a cyber-security breach disclosed nearly a month ago was far bigger than initially reported, with attackers obtaining data on more than 38 million customer accounts. The software maker also said that hackers had stolen part of the source code to Photoshop editing software that is widely used by professional photographers. The company disclosed the breach on October 3, saying attackers took credit card information and other data from nearly 3 million customers' accounts. ... Full Story | Top |
| NZ Telecom, Vodafone pick up rights to 700 MHz 4G spectrum Tuesday, Oct 29, 2013 03:26 PM PDT  WELLINGTON (Reuters) - Telecom New Zealand and Vodafone have picked up the majority of management rights to the country's 700 megahertz spectrum as competition heats up to bring high-speed 4G broadband services to users in rural areas. Telecom, the country's largest telecom company, and Vodafone successfully bid on the maximum three lots of 2x15 megahertz lots for NZ$66 million ($54.55 million) each, while mobile phone operator 2degrees secured two lots of 2x10 MHz bandwidth. ... Full Story | Top |
| Grand Theft Auto V revs up Take-Two's results Tuesday, Oct 29, 2013 02:55 PM PDT  By Malathi Nayak SAN FRANCISCO (Reuters) - Take-Two Interactive Software raised its fiscal 2014 results forecast on Tuesday after reporting that second-quarter revenue quadrupled, driven by record-breaking sales of the video game "Grand Theft Auto V." Shares in Take Two jumped after it reported the results, which beat Wall Street forecasts. The stock has gained 5 percent since its signature title went on sale in September. ... Full Story | Top |
| LinkedIn's revenue tops Street but gives conservative forecast Tuesday, Oct 29, 2013 02:20 PM PDT  By Gerry Shih SAN FRANCISCO (Reuters) - LinkedIn Corp announced strong user growth and better-than-expected third quarter revenue of $393 million on Tuesday, a 56 percent jump from a year ago, but issued a conservative revenue forecast for the fourth quarter and fiscal 2013. LinkedIn said it expected between $415 million and $420 million in sales for the final three months, lower than the $438 million expected by analysts polled by Thomson Reuters I/B/E/S. Its full-year revenue estimates, although revised upward to $1.5 billion, also fell slightly short of Wall Street's expectations. ... Full Story | Top |
| Tech companies seek fast action on U.S. 'patent troll' bill Tuesday, Oct 29, 2013 01:17 PM PDT By Ros Krasny WASHINGTON (Reuters) - Technology companies on Tuesday urged fast action on a patent reform bill in testimony before the House Judiciary Committee, including tackling what they termed the rising tide of costly lawsuits by "patent trolls." The Innovation Act, introduced last week by Representative Bob Goodlatte, a Virginia Republican who chairs the committee, aims to increase transparency and accountability in the patent litigation system. ... Full Story | Top |
| Electronic Arts profit rises in second quarter, shares up Tuesday, Oct 29, 2013 01:14 PM PDT  SAN FRANCISCO (Reuters) - Video game publisher Electronic Arts Inc reported higher profit for the second quarter on cost controls and digital sales, although revenues were down on the year ago quarter. For the three months ended Sept 30, the company posted total revenue of $1.04 billion compared with $1.08 billion a year ago. It reported a net income of $105 million, or 33 cents per share, compared with $49 million, or 15 cents per share a year ago. (Reporting by Malathi Nayak. Editing by Andre Grenon) Full Story | Top |
| Motorola aims for do-it-yourself smartphones Tuesday, Oct 29, 2013 12:56 PM PDT  By Noel Randewich SAN FRANCISCO (Reuters) - Motorola wants to let consumers design their own smarpthones. The Google-owned manufacturer has launched Project Ara to create a free, open and standardized platform to let people pick and choose the components they want in their phones, Motorola said in a blogpost this week. The goal is to create a standard endoskeleton, or frame, that can hold different modules, like extra-powerful processors, additional batteries or memory chips for storing more music, all based on the customer's preferences. ... Full Story | Top |
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