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Thursday, April 10, 2014

Technology Report: Facebook says WhatsApp deal cleared by FTC

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04/10/2014
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Facebook says WhatsApp deal cleared by FTC
SAN FRANCISCO (Reuters) - Facebook Inc said U.S. regulators have cleared its $19 billion acquisition of mobile messaging service WhatsApp, even as the Federal Trade Commission warned the two Internet companies on Thursday that they must not backtrack on commitments to user privacy.
Icahn backs down from demand that eBay spin off PayPal
SAN FRANCISCO/NEW YORK (Reuters) - Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders.
Sharing cyber threat details not antitrust violation, U.S. says
WASHINGTON (Reuters) - The U.S. government on Thursday urged companies to share information with each other about cyber threats and issued guidance making clear that doing so would not violate antitrust laws.
Zynga names former Best Buy executive chief financial officer
SAN FRANCISCO (Reuters) - Zynga Inc has appointed former Best Buy executive David Lee its chief financial officer as Zynga continues reshuffling its ranks to try to return the "Farmville" creator to growth.
U.S. start-ups raise $9.99 billion, hit outsized valuations in first-quarter
SAN FRANCISCO (Reuters) - Venture capital funding for U.S. start-ups hit its highest mark since 2001 during the first three months of the year and 11 companies were valued at $1 billion or more, underscoring the increasingly pricey environment for entrepreneurs, according to a report on Thursday from consultancy CB Insights.
Cash America looking to spin off online lending business
(Reuters) - Payday lender Cash America International Inc is revisiting a plan to spin off its online lending business to focus on its storefront operations that includes pawn.
Aircraft suppliers woo with new tech in a tablet-toting world
HAMBURG (Reuters) - Ever fancied seeing your name in lights as you boarded a plane? A hologram to take you through your in-flight entertainment options? Or how about something simpler, like an easy place to rest your tablet?
Motorola Mobility names Rick Osterloh as COO ahead of Lenovo buy
(Reuters) - Motorola Mobility has named Rick Osterloh as its chief operating officer, reporting to the Motorola Operating Board at Google Inc until its acquisition by Lenovo Group Ltd is completed.
BlackBerry may consider exiting handsets, eyes investments
NEW YORK (Reuters) - BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships.
Little Internet users can do to thwart 'Heartbleed' bug
BOSTON (Reuters) - Security experts warn there is little Internet users can do to protect themselves from the recently uncovered "Heartbleed" bug that exposes data to hackers, at least not until vulnerable websites upgrade their software.
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