Tuesday, December 31, 2013

Daily News: Reuters Technology News Headlines - Deutsche Telekom's new CEO faces twin tests

Monday, Dec 30, 2013 10:06 PM PST

Deutsche Telekom's new CEO faces twin tests 
Monday, Dec 30, 2013 10:06 PM PST
File photo of Deutsche Telekom AG member of the board of management Hoettges attending the company's general shareholders meeting in CologneBy Harro Ten Wolde and Leila Abboud FRANKFURT (Reuters) - When Deutsche Telekom's new Chief Executive Tim Hoettges takes office on Wednesday, a revival of mergers and acquisitions in the sector and a dramatically changing competitive landscape in Germany will pose his biggest challenges. Hoettges will draw on such experience to decide how Deutsche Telekom, Europe's third-largest telco by sales, should navigate consolidation on both sides of the Atlantic and take on a rejuvenated Vodafone in Germany. Born in Solingen, a city in the prosperous eastern state of North Rhine-Westphalia, Hoettges is said to be straightforward, traditional and intense, unlike his long-time friend and outgoing CEO Rene Obermann, who is known for his easy charm. "Hoettges is not known for schmoozing corporate colleagues or politicians," said another banker who worked for him.
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U.S. cracks open skies to testing, use of aerial drones 
Monday, Dec 30, 2013 04:33 PM PST
Small drone helicopter operated by paparazzi records singer Beyonce as she rides Cyclone rollercoaster while filming music video on Coney Island in New YorkBy Alwyn Scott NEW YORK (Reuters) - The U.S. government took a step on Monday toward opening the skies to aerial drones, authorizing six sites where unmanned aircraft can be tested for a variety of uses. The Federal Aviation Administration already had approved limited use of drones in the United States for law enforcement, surveillance, atmospheric research and other applications. Monday's decision will give companies, universities and others place to test much broader uses, such as crop spraying, catching exotic-animal poachers or delivering packages, as Amazon.com Inc recently suggested. "It provides the platform for this research to be carried out on a very large scale across the country," FAA Administrator Michael Huerta told reporters.
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LinkedIn, Pinterest more popular than Twitter: study 
Monday, Dec 30, 2013 03:56 PM PST
A person holds a magnifying glass over a computer screen displaying Twitter logosMore U.S. adults use LinkedIn and Pinterest than Twitter, but that website attracts a greater proportion of blacks and young adults than do its social media peers, a Pew Research Center study released on Monday showed. The figure was 22 percent for LinkedIn and 18 percent for Twitter, holding roughly steady from a year ago. About 29 percent of the blacks surveyed by Pew made use of Twitter, well above 16 percent for whites and Hispanics, the study showed. (http://r.reuters.com/fyc75v) Twitter ranks higher than Pinterest in terms of engagement, however: 46 percent of users surveyed go onto the online messaging service daily, versus 23 percent for Pinterest and just 13 percent for LinkedIn.
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KKR reports stake in chipmaker Marvell 
Monday, Dec 30, 2013 03:26 PM PST
(Reuters) - Private equity firm KKR & Co LLP has reported a 6.8 percent stake in chipmaker Marvell Technology Group Ltd, according to a regulatory filing. Marvell's shares rose about 5 percent in extended trading after closing at $13.76 on the Nasdaq on Monday. KKR also said the firm may engage in discussions with the board and the company's management that may include a merger or reorganization of the business. About 47 percent of Marvell's revenue last year came from storage customers such as Western Digital Corp and Seagate Technology, for whom it makes chips used for reading and writing data on hard-disk and flash drives.
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Nokia Solutions chairman to step down after Microsoft deal 
Monday, Dec 30, 2013 04:27 AM PST
Nokia mobile phone lies on a tablet computer showing logos of Microsoft in this illustration picture taken in FrankfurtNokia said the chairman of its networking equipment unit, Nokia Solutions and Networks (NSN), will step down following the sale of the Finnish company's mobile phone business to Microsoft. Jesper Ovesen, who joined NSN in 2011 when it was still a joint venture between Nokia and Siemens, will continue for a while as an advisor after the mobile phone business is transferred to Microsoft, Nokia said on Monday.
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