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Thursday, January 16, 2014

Technology Report: Time Warner to relocate New York headquarters

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01/16/2014
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Time Warner to relocate New York headquarters
(Reuters) - Time Warner Inc will relocate its Manhattan corporate headquarters to the Hudson Yards development from Columbus Circle in a move to bring all its business units from HBO to CNN under one roof and save money.
U.S. companies allowed to delay disclosure of data breaches
NEW YORK (Reuters) - A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp wait weeks or even months to disclose security breaches.
Apple's objections show why e-book monitor is needed: judge
NEW YORK (Reuters) - Apple Inc's various objections to a court-appointed antitrust monitor in a case involving fixing e-book prices only confirm the importance of his work, a federal judge said on Thursday.
Target agrees to testify on Capitol Hill about data breach
WASHINGTON (Reuters) - Target Corp has agreed to testify before Congress in early February about a data breach that compromised credit and debit card and personal data of millions of customers, a House of Representatives subcommittee said on Thursday.
Wolves of Wall Street can sharpen M&A teeth on new game app
LONDON (Reuters) - A new app that its creators say allows players to simulate a major merger or acquisition deal, complete with all the drama and backstabbing but with none of the actual financial downside, became available on Thursday for iPhones and iPads.
Microsoft considers Ericsson CEO for top job: report
SAN FRANCISCO/STOCKHOLM (Reuters) - Microsoft Corp is considering Ericsson Chief Executive Hans Vestberg as a possible successor to outgoing CEO Steve Ballmer, Bloomberg reported, citing sources briefed on the software giant's executive search.
BAE rebrands cyber security unit to court commercial clients
LONDON (Reuters) - BAE Systems is changing the name of its cyber security unit from Detica to BAE Systems Applied Intelligence, in a rebranding move to court more commercial customers alongside its traditional government client base.
China's ZTE aims to almost double U.S. smartphone share
HONG KONG (Reuters) - China's ZTE Corp, the world's seventh-biggest smartphone maker, aims to almost double its U.S. market share in the next three years by ramping up spending on marketing.
New guidance tackles cyber threat for UK firms doing deals
LONDON (Reuters) - British companies engaging in mergers and acquisitions, buyouts, capital raisings and stock market listings are prime targets for cyber attacks and need to make cyber security a top priority, according to new, government-backed guidance.
Carlos Slim consolidates stakes in Telekom Austria
VIENNA (Reuters) - Mexican telecoms tycoon Carlos Slim has agreed to consolidate his company and family stakes in Telekom Austria, clarifying his position in the eyes of regulators that monitor when stakeholdings become large enough to trigger takeover bids.
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