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Tuesday, December 24, 2013

Technology Report: Analysis: In telecom merger mania, skeptical eye from Obama administration

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12/24/2013
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
Analysis: In telecom merger mania, skeptical eye from Obama administration
WASHINGTON/NEW YORK (Reuters) - A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.
Hulu must face privacy lawsuit, U.S. judge rules
(Reuters) - Hulu has failed to persuade a federal judge to dismiss a lawsuit accusing the video streaming service of illegally sharing users' viewing history with Facebook Inc and business metrics company comScore Inc.
Disney cuts CEO pay, adds Twitter co-founder to board
(Reuters) - Walt Disney Co has slashed Chief Executive Bob Iger's fiscal 2013 compensation by 15 percent with a bonus cut, and named Twitter Inc co-founder Jack Dorsey an independent board director.
Japan's 7-Eleven kingpin looks to U.S. to inspire online revolution
TOKYO (Reuters) - The 81-year-old Japanese executive who built 7-Eleven into the world's biggest convenience store chain has a new mission: turning more than 50,000 bricks and mortar stores in Japan into portals to a new online retail empire.
Acer names ex-TSMC sales executive new CEO
(Reuters) - Acer Inc has named former TSMC sales executive Jason Chen its new CEO as of January 1, appointing a chipmaking industry veteran to the helm of a Taiwanese company struggling to overcome sluggish PC sales.
Insight: AOL banks on HuffPost to turn profitable next year
NEW YORK (Reuters) - It's the holiday season and Arianna Huffington, the influential woman behind the popular news website that bears her name, is busy buying sweaters - some 700 of them - as gifts to her employees.
Seagate to buy Xyratex to add test equipment business
(Reuters) - Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million to strengthen its supply and manufacturing chain for disk drives.
T-Mobile prepaid service to offer free Facebook access
NEW YORK (Reuters) - GoSmart, the prepaid service of No. 4 U.S. operator T-Mobile US, said on Monday it would offer its customers free access to Facebook Inc whether or not they subscribe to its Internet service.
Apple, China Mobile sign long-awaited deal to sell iPhones
NEW YORK/BEIJING (Reuters) - Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users.
Not in New York? App lets revelers ring in New Year's Eve remotely
TORONTO (Reuters) - Revelers who can't make it to New York's Times Square to celebrate New Year's Eve can download an app to make sure they see the ball drop.
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