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Thursday, May 30, 2013

Technology Report: Facebook shares jump as brokers say usage concerns overblown

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05/30/2013
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 shares jump as brokers say usage concerns overblown
SAN FRANCISCO (Reuters) - Shares of Facebook Inc jumped 5.6 percent on Thursday after two investment brokerages upgraded their recommendations, arguing that concerns over the waning engagement of younger users were overblown.
U.S. to loosen sanctions on Iran for mobile phones, gadgets
WASHINGTON (Reuters) - The United States was set to relax sanctions on Iran on Thursday to allow American companies to sell mobile phones, software and other technology used for personal communications to Iranians, two U.S. officials said.
U.S. groups expect WTO technology trade deal by July
WASHINGTON (Reuters) - A deal among the United States, China, the European Union and nearly two dozen other countries to eliminate duties on billions of dollars of technology products could be reached in the next two months, U.S. technology groups said on Thursday.
Crest urges Clearwire ditch Sprint deal after Dish bid
NEW YORK (Reuters) - Crest Financial, one of the biggest minority shareholders in Clearwire Corp, on Thursday urged the wireless company to recommend against Sprint Nextel Corp's buyout offer after Dish Network Corp made a counter bid.
Microsoft brings back 'start' button, seeks to spur Windows sales
SEATTLE (Reuters) - Microsoft Corp is bringing back the Windows "start" button, offering a stripped-down version among a slew of improvements aimed at winning over tablet users and placating PC customers alienated by Windows 8.
Telecom Italia takes first step to spin off network
MILAN (Reuters) - Telecom Italia took a first step to spin off its domestic fixed-line access network on Thursday, a move that could allow the debt-laden Italian telecoms group to raise cash to fund investments.
Samsung unveils Galaxy S4 mini phone to target mid-tier market
SEOUL (Reuters) - Samsung Electronics Co unveiled a stripped down version of its flagship Galaxy S4 smartphone on Thursday, aiming to grab a bigger share in the mid-tier segment as growth in the high-end market slows.
Exclusive: Glu Mobile dips toe in U.S. real-money games
SAN FRANCISCO (Reuters) - Glu Mobile Inc will allow U.S. players to win cash in one of its mobile games starting next month, betting that cash-based contests will be a winning formula to expand revenue in the fledgling but potentially high-growth mobile gaming sector.
Governments confront rising threat to ships from signal jamming
LONDON (Reuters) - Ships on the world's busiest waterways face growing threats to their satellite navigation systems, including jamming attacks, prompting Britain and South Korea to deploy back-up devices to avert potential disasters at sea.
Rogers, Videotron extend reach with network-sharing deal
TORONTO (Reuters) - Rogers Communications Inc and Quebecor Inc's Videotron wireless arm plan to build and operate a shared high-speed wireless network in and around Québec, a cost-saving arrangement that is expected to stoke competition in the French-speaking Canadian province.
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