Technology Report: Germany plans boost to European IT after U.S. spy row

	Click to View in Browser 08/14/2013 Germany plans boost to European IT after U.S. spy row BERLIN (Reuters) - Responding to Germans' unease over U.S. surveillance of the Internet, Chancellor Angela Merkel's cabinet agreed initial plans on Wednesday to boost European technology companies and make them a more favorable alternative to U.S. peers. Watsa to hold keys to a BlackBerry deal TORONTO/NEW YORK (Reuters) - BlackBerry Ltd is expected to draw preliminary interest from technology companies, buyout firms and Canadian pension funds, but its fate may ultimately rest in the hands of its largest shareholder, Prem Watsa's Fairfax Financial Holdings Ltd. Cisco revenue in line, investors await CEO comments (Reuters) - Network equipment maker Cisco Systems Inc on Wednesday reported fiscal fourth-quarter revenue in line with Wall Street expectations, helped by continued strength in its enterprise business. NetApp first-quarter profit helped by launch of Ontap (Reuters) - Data storage equipment maker NetApp Inc reported a 28 percent rise in quarterly profit helped by the release of its Ontap 8.2 storage operating system Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion BEIJING (Reuters) - China's Baidu Inc said on Wednesday it has agreed to buy the app store of Hong Kong-listed Netdragon Websoft Inc for $1.85 billion in cash in what would be the biggest deal in China's IT sector. Tiger Consumer likes Facebook shares, Omega dumps them NEW YORK (Reuters) - Leon Cooperman's Omega Advisors soured on Facebook Inc in the second quarter, while Patrick McCormack's Tiger Consumer Management took a shine to the social networking company. Exclusive: DoCoMo to select Sony, Sharp, Fujitsu for new smartphone lineup - sources TOKYO (Reuters) - NTT DoCoMo Inc , Japan's largest mobile operator, will select Sony Corp , Sharp Corp and Fujitsu Ltd smartphone models for its main winter product lineup, sources familiar with the situation said. Liberty's KabelBW deal in jeopardy after court ruling DUESSELDORF, Germany (Reuters) - A German court threw in doubt Liberty Global's completed 3 billion euro ($4 billion) purchase of KabelBW after reversing a 2011 antitrust approval, deepening uncertainties in a rapidly changing telecoms sector. Icahn says bigger buybacks can drive Apple shares to $700 SAN FRANCISCO/NEW YORK (Reuters) - Activist investor Carl Icahn said he has amassed a "large position" in Apple Inc and believes the stock could be worth as much as $700 a share if Chief Executive Tim Cook pushed for a larger stock buyback. Billionaire Carl Icahn says Apple shares could trade at $700 (Reuters) - Hedge fund billionaire Carl Icahn took a "large" position in Apple Inc. shares and told Reuters on Tuesday that he believes Apple should trade at $700 a share. Related Video Human cells power mouse heart Eyes and ears speak volumes about a dog's life Mediafile 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