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Wednesday, January 8, 2014

Technology Report: Microsoft succession speculation focuses on internal candidates

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01/8/2014
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Microsoft succession speculation focuses on internal candidates
SEATTLE/NEW YORK (Reuters) - Speculation over Microsoft Corp's succession plans refocused on internal choices on Wednesday, a day after the leading outside candidate, Ford Motor Co CEO Alan Mulally, took himself off the list of potential CEOs at the world's largest software maker.
France fines Google over data privacy
PARIS (Reuters) - France's data protection watchdog has fined Google 150,000 euros after the U.S. search engine ignored a three-month ultimatum to bring its practices on tracking and storing user information in line with local law.
T-Mobile US reports boost in customer growth in Q4
NEW YORK (Reuters) - T-Mobile US said on Wednesday that it added 1.645 million net customers in the fourth quarter up from 1.023 million in the third quarter and a loss in the year-ago quarter.
Facebook to buy Android app monitoring tool maker
(Reuters) - Facebook Inc is buying India-based Little Eye Labs, a startup that builds performance analysis and monitoring tools for mobile Android apps, to help boost its technology as it focuses on growing revenue from its mobile business.
Alibaba to set up mobile gaming platform in China
BEIJING (Reuters) - E-commerce giant Alibaba Group Holding Ltd said on Wednesday it would set up a mobile gaming platform in China, venturing into a fast growing sector dominated by tech rival Tencent Holdings Ltd.
Hedge fund Elliott offers to buy Riverbed, higher bid expected
(Reuters) - Activist hedge fund Elliott Management Corp offered to buy Riverbed Technology Inc for about $3.08 billion in cash, a move analysts said was likely to trigger higher bids for the network equipment maker.
Former AOL executive launches Snapchat-like app for professionals
(Reuters) - Former AOL executive Jon Brod launched on Wednesday an app aimed at professionals who can send private messages that disappear once they are read.
Amazon signs exclusive deal with CBS for 'Extant'
(Reuters) - Amazon.com Inc signed a deal allowing it to stream CBS Corp's new science-fiction thriller series "Extant" four days after it is broadcast on television.
BlackBerry says Fairfax to buy $250 million more debentures
TORONTO (Reuters) - Fairfax Financial Holdings Ltd will buy another $250 million worth of BlackBerry Ltd's convertible debentures, the companies said Wednesday, providing the struggling smartphone maker with much-needed cash.
Alibaba division bans bitcoin after China crackdown as IPO looms
BEIJING (Reuters) - China's biggest online marketplace, Alibaba Group Holding Ltd's Taobao, will ban the sale of bitcoins on the heels of a government crackdown against the virtual currency to plug a potential gap in its tight controls on capital flows.
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