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Wednesday, January 22, 2014

Technology Report: Icahn blasts Apple again, boosts position to $3 billion

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01/22/2014
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Icahn blasts Apple again, boosts position to $3 billion
SAN FRANCISCO (Reuters) - Activist investor Carl Icahn lashed out against Apple Inc again on Wednesday, and tweeted that he had bought $500 million more shares in the company in just the past two weeks, bringing his investment in the iPhone maker to over $3 billion.
IBM shares open down 5 percent after weak results
(Reuters) - Shares in IBM Corp opened down about 5 percent on Wednesday, a day after it missed revenue expectations, hurt by weak demand for its servers and storage equipment, particularly in growth markets such as China.
Facebook tests ad network business on other companies' mobile apps
SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday that it is displaying ads from a small group of marketers on other companies' smartphone apps, the latest sign that the world's No. 1 online social network is closer to launching an ad network business.
Motorola Solutions edges past estimates, warns on revenue
(Reuters) - Motorola Solutions Inc, which makes walkie-talkies and rugged mobile computers, reported a slight rise in quarterly profit, helped by higher government sales, but forecast a steep drop in first-quarter sales.
VMware to buy mobile security firm AirWatch for $1.54 billion
(Reuters) - Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch for $1.54 billion to tap into rising demand from companies to secure the smartphones and tablets used by employees.
Fujitsu looking to buy IBM's server business: WSJ
(Reuters) - Japan's Fujitsu Ltd is considering buying International Business Machines Corp's low-end server business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
T-Mobile US says to expand into banking cards
NEW YORK (Reuters) - T-Mobile US is stepping beyond cellphones and offering payment cards in the latest effort to differentiate its service from bigger rivals.
ASML upbeat as it pins hope on new technology
VELDHOVEN, The Netherlands (Reuters) - ASML, the world's biggest manufacturer of tools for the semiconductor industry, gave an optimistic outlook for 2014, saying its investment in new technology crucial to making the smaller, smarter chips of the future was starting to pay off.
Dow Jones CEO's abrupt exit throws strategy into doubt
NEW YORK (Reuters) - News Corp said Lex Fenwick was leaving as chief executive of Dow Jones, less than two years after taking the helm, an abrupt departure that calls into question the future of its news wires and other products aimed at financial institutions.
VisionChina signs advertising pact with Baidu unit, shares jump
(Reuters) - Shares of Chinese outdoor digital advertising company VisionChina Media Inc jumped 52 percent after the company said it signed a deal to promote Baidu Inc's online gaming unit in China.
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