Technology Report: Amazon plans major move into grocery business

	Click to View in Browser 06/4/2013 Amazon plans major move into grocery business SAN FRANCISCO (Reuters) - Amazon.com Inc is planning a major roll-out of an online grocery business that it has been quietly developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the situation. Salesforce adds social marketing power with $2.5 billion ExactTarget deal (Reuters) - Salesforce.com Inc, the biggest maker of online sales management tools, said it would pay $2.5 billion for marketing software maker ExactTarget, which helps companies reach customers on social networks through mobile devices. IBM to buy website hosting service SoftLayer (Reuters) - International Business Machines said on Tuesday it would acquire Web hosting company SoftLayer Technologies and create a new division for clients interested in so-called cloud services, a move to better compete with larger rivals in the space. Amazon writes huge check for video rights to Dora, SpongeBob SAN FRANCISCO (Reuters) - Amazon.com Inc wrote its largest-ever check for a subscription-streaming deal, securing hundreds of mostly childrens' TV programs from Viacom Inc for its Internet video service and ratcheting up pressure on rival Netflix. Lenovo planning smartphone venture in expansion drive SINGAPORE/HONG KONG (Reuters) - China's Lenovo Group Ltd, the world's No.2 PC maker, is in detailed discussions on a smartphone venture with NEC Corp, a Japanese partner in PCs whose mobile business is faltering, as it eyes partnerships and acquisitions to expand in high-growth markets. Airlines push new booking platform, IT firms wary CAPE TOWN (Reuters) - The airline industry is set to allow consumers to see more details of what they are booking using a new online reservation platform, a project that poses a threat to many travel technology firms working with older systems. Amazon ad revenue may top $800 million this year: eMarketer SAN FRANCISCO (Reuters) - Amazon.com Inc advertising revenue may top $800 million this year as the world's largest Internet retailer uses its huge customer base and store of purchasing data to show more-target ads on its websites and those of other companies, eMarketer estimated on Tuesday. To revive Infosys, Murthy must revamp sales, culture BANGALORE (Reuters) - Narayana Murthy's success in turning around Indian IT services firm Infosys hinges on his ability to revive its sales efforts and shake up the conservative culture he helped create. Israel's Wix files registration with SEC for U.S. IPO TEL AVIV (Reuters) - Wix, a web development and design platform, has submitted a draft registration to the U.S. Securities and Exchange Commission for a possible initial public offering of its ordinary shares. Insight: Corbat faces ghost of Weill's deals in Citi's machines (Reuters) - When Vikram Pandit was abruptly ousted as Citigroup Inc's chief executive late last year, senior bank employees speculated for weeks about who would follow him out the door. Related Video Techquity: Pandora for a song as Apple circles, Intel jumps Age reversal protein brings young hearts to old mice Mediafile Paul Smalera Video Transcript: Cory Booker on Tech Tonic Interface A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend