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Tuesday, January 22, 2013

Technology Report: Verizon posts weak fourth-quarter, promises a better 2013

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01/22/2013
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Verizon posts weak fourth-quarter, promises a better 2013
(Reuters) - Verizon Communications Inc posted a weaker-than-expected wireless operating profit margin due to hefty costs from smartphones like Apple's iPhone, but the U.S. telephone company promised a big improvement this year as it cuts costs.
Microsoft in talks to invest up to $3 billion in Dell: CNBC
SAN FRANCISCO (Reuters) - Microsoft Corp is in discussions to invest between $1 billion and $3 billion of mezzanine financing in a buyout of Dell Inc, CNBC cited unidentified sources as saying on Tuesday.
AT&T to pay $780 million for rural wireless assets
(Reuters) - AT&T will pay $780 million in cash to acquire Atlantic Tele-Network Inc's U.S. retail wireless operations operating under the Alltel brand, AT&T said on Tuesday, announcing a move aimed at boosting its service in rural areas.
AMD hires chip veterans, diversifies beyond PCs
SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc has hired two senior engineers with experience at Qualcomm Inc and Apple Inc, its latest high-level recruitments as it diversifies beyond a slowing personal computer industry, sources close to the chipmaker said.
Canada may have to review future RIM handset unit sale
OTTAWA (Reuters) - The Canadian government might have to review any sale of BlackBerry maker Research in Motion Ltd's handset business to a foreign buyer, Industry Minister Christian Paradis told Reuters on Tuesday.
Is Facebook envy making you miserable?
LONDON (Reuters) - Witnessing friends' vacations, love lives and work successes on Facebook can cause envy and trigger feelings of misery and loneliness, according to German researchers.
Loan start-up Prosper raises $20 million, led by Sequoia
SAN FRANCISCO (Reuters) - Prosper, a leader in the fast-growing "peer-to-peer" lending sector, said on Tuesday it raised $20 million from venture capital firms led by Sequoia Capital, stepping up competition with rival Lending Club.
Former Microsoft executive says CEO Ballmer culls internal rivals to retain power
SEATTLE (Reuters) - Microsoft Corp Chief Executive Steve Ballmer is not the right leader for the world's largest software company but holds his grip on it by systematically forcing out any rising manager who challenges his authority, claims a former senior executive who has written a book about his time at the company.
Sony to sell new Xperia tablet in Japan: Nikkei
(Reuters) - Sony Corp's Sony Mobile Communications Inc said it will sell the new version of its Xperia tablet in Japan this spring, the Nikkei reported, citing Kyodo News.
NTT DoCoMo to release low-cost tablet in Japan: Nikkei
(Reuters) - Mobile phone service provider NTT DoCoMo Inc will soon release a low-cost tablet computer in Japan priced between 10,000 yen ($110) and 15,000 yen, the Nikkei reported.
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