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Wednesday, July 3, 2013

Technology Report: Founder told to sweeten offer for Dell as Icahn ups the stakes

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07/3/2013
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
Founder told to sweeten offer for Dell as Icahn ups the stakes
NEW YORK (Reuters) - Michael Dell has been advised to raise his $24.4 billion offer for Dell Inc, coming under further pressure as billionaire investor Carl Icahn revealed he had committed more than $3 billion to back an alternative proposal.
Twitter begins cookie-based ad targeting
SAN FRANCISCO (Reuters) - Twitter Inc said Wednesday it would begin showing individually targeted ads using cookies, an effective online tracking technology that has also fueled concerns about internet privacy.
Spain telecoms regulator sees more pain for operators in 2013
MADRID (Reuters) - Earnings are falling for Spanish telecoms operators this year as recession drags on and competition heats up, with mobile broadband the only area of growth, the head of Spain's telecoms watchdog said.
Strong ties bind spy agencies and Silicon Valley
SAN FRANCISCO (Reuters) - Silicon Valley has tried to distance itself from the controversial U.S. surveillance programs exposed by Edward Snowden, but there is a long history of close cooperation between technology companies and the intelligence community.
UK watchdog fines mobile phone insurance broker $4.3 million
London (Reuters) - The UK's financial regulator has slapped a 2.8 million pound ($4.3 million) fine on the company which administers mobile phone insurance sold by Phones 4u for poor handling of complaints.
Megaupload's Dotcom warns NZ against complying with U.S. spying
WELLINGTON (Reuters) - As revelations of U.S. spying shed more light on a Washington-led intelligence-sharing alliance, a victim of illegal spying by member nation New Zealand on Wednesday warned against following the United States into "the dark ages of spying".
UK's Ofcom to cut cost of switching superfast broadband provider
LONDON (Reuters) - Britain's telecoms regulator is imposing new constraints on BT Group Plc in its operation of Britain's biggest fiber optic network, saying it aimed to make the market for superfast broadband services more competitive.
UK competition watchdog to examine government IT contracts
LONDON (Reuters) - Britain's competition watchdog is looking into government information technology contracts to probe whether the largest companies win too great a share of the work.
Oklahoma, Nebraska press Google to stop ads for illegal products
WASHINGTON (Reuters) - Nebraska and Oklahoma on Tuesday joined Mississippi in pressuring Google Inc to crack down on Internet advertisements for drugs, including powerful painkillers, that are sold without a prescription, and other counterfeit products.
Apple hires former Yves Saint Laurent CEO for 'special projects'
SAN FRANCISCO (Reuters) - Apple Inc has hired the former chief executive of French luxury group Yves Saint Laurent for "special projects" reporting to Chief Executive Officer Tim Cook.
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