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Monday, April 22, 2013

Technology Report: German state fines Google for Street View data breach

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04/22/2013
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German state fines Google for Street View data breach
FRANKFURT (Reuters) - A German privacy regulator has fined Google for illegally recording signals from Wifi networks while it was taking photographs for its Street View service.
Netflix profit gains as U.S. streaming subscribers grow
(Reuters) - Netflix Inc's profit rose in the first quarter as the dominant video rental service added new streaming subscribers in the United States, the company reported on Monday.
Nokia says awarded injunction against HTC One
(Reuters) - Nokia Oyj said it won a court injunction that would prevent rival HTC Corp from using microphone components made by STMicroelectronics NV in HTC One phones.
Internet sales tax faces Senate vote, Obama backs
WASHINGTON (Reuters) - A measure that would empower states to require out-of-state retailers to collect online sales tax won backing from President Barack Obama on Monday and is expected to pass a legislative test vote in the Senate later this evening.
Apple's dimming luster roils suppliers, investors
TOKYO/TAIPEI (Reuters) - Apple Inc marketing chief Phil Schiller let slip during last August's courtroom battle with Samsung that when setting forecasts for new iPhones, the inside joke was that people should assume sales would equal all previous versions combined.
Google defends UK tax payments, says good for country
LONDON (Reuters) - Google executive chairman Eric Schmidt has defended his company's low tax payments in Britain, saying the company follows the letter of the law and makes a positive contribution to the British economy.
Baidu rejects "false" statement it plans to buy Zynga
(Reuters) - Chinese search engine firm Baidu Inc rejected as fake a press release issued on Monday that said it was to buy U.S. social gaming company Zynga Inc.
Russian website Avito seen doubling revenues
STOCKHOLM (Reuters) - The Swedish co-founder of Russia's biggest classifieds website Avito expects it to more than double revenues this year, proving smaller players can take a lead in an industry dominated by heavyweights like eBay and Craigslist.
Sprint forms committee, hires advisers to review Dish bid
NEW YORK (Reuters) - Sprint Nextel said on Monday that its board had formed a special committee of independent directors to review Dish Network's $25.5 billion takeover bid for the No. 3 U.S. mobile provider.
ValueAct takes $2 billion Microsoft stake: CNBC
(Reuters) - Activist investor ValueAct Capital has taken a $2 billion stake in Microsoft Corp, CNBC reported on Monday, helping Microsoft shares climb to a seven-month high.
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