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Tuesday, January 15, 2013

Technology Report: Facebook's big revelation: new search tool

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01/15/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Facebook's big revelation: new search tool
MENLO PARK, California (Reuters) - Facebook Inc CEO Mark Zuckerberg unveiled on Tuesday a feature to help its users search for people and places within the social network, in the company's first major product launch event since its May initial public offering.
Silver Lake in advanced Dell buyout talks: sources
NEW YORK/SAN FRANCISCO (Reuters) - Talks to take No. 3 computer maker Dell Inc private are in an advanced stage with at least four major banks lined up to provide financing, two sources familiar with the matter told Reuters.
SAP earnings fall short of expectations
FRANKFURT (Reuters) - Quarterly earnings from SAP AG fell short of expectations on Tuesday, showing the German business software maker failed to keep up with arch-rival Oracle Corp and sending its shares sharply lower.
France delays move to make Web giants pay for networks
PARIS (Reuters) - France backed away from legislation to make Internet companies including Google pay for the burden they place on telecommunications networks, opting instead to ask a commission to study the controversial issue.
Former Yahoo CEO Levinsohn to run Guggenheim Digital Media
(Reuters) - Ross Levinsohn, Yahoo Inc's former interim chief executive, has been appointed chief executive of the newly created Guggenheim Digital Media, the digital arm of private equity firm Guggenheim Partners.
PayPal partners with NCR to get into restaurants, gas stations
SAN FRANCISCO (Reuters) - PayPal took another step in its effort to expand in the physical retail world on Tuesday, unveiling a partnership with ATM company NCR Corp that will get the payment service into restaurants and gas stations.
Alibaba's Jack Ma to stand down as CEO, move to chairman role
HONG KONG (Reuters) - One of China's best known corporate leaders, billionaire Jack Ma, will step down as CEO of Alibaba Group, the e-commerce empire he founded to tap the nation's enormous online shopping potential, passing the reins to "a younger, better equipped" generation.
Amazon fighting $234 million tax deficiency in Tax Court : filing
WASHINGTON (Reuters) - Amazon.com Inc. is challenging a $234 million U.S. tax bill, contesting Internal Revenue Service tax calculations for cash transfers between the parent company and its European subsidiaries, according to a court filing.
Dell in talks to go private, shares surge
NEW YORK/SAN FRANCISCO (Reuters) - Dell Inc is in talks with private equity firms on a potential buyout, two sources familiar with the matter told Reuters, confirming reports that sent shares in the world's No. 3 PC maker soaring 13 percent to nearly a eight-month high.
Apple shares fall on reports of cuts to iPhone parts orders
(Reuters) - Shares in Apple Inc dipped below $500 for the first time in almost one year after reports it is slashing orders for screens and other components from its Asian supplier as intensifying competition erodes demand for its latest iPhone.
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