Technology Report: Google first-quarter revenue misses Wall Street targets

	Click to View in Browser 04/16/2014 Google first-quarter revenue misses Wall Street targets SAN FRANCISCO (Reuters) - Google Inc's Internet business revenue grew 19 percent in the first quarter, falling short of Wall Street targets as the price of its online ads continued to decline. IBM revenue misses estimates as hardware sales fall (Reuters) - International Business Machines Corp reported lower-than-expected quarterly revenue as weakness in its storage and server businesses continues to offset gains in its software services. BlackBerry's meltdown sparks start-up boom in Canada's Silicon Valley (Reuters) - The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario. Instead, there are hot sports cars in the streets and new companies filling the refurbished office buildings. Canadian charged in 'Heartbleed' attack on tax agency OTTAWA (Reuters) - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from a government website, the Royal Canadian Mounted Police (RCMP) said on Wednesday. GrubHub agrees to tip-free restaurant fees with NY Attorney General NEW YORK (Reuters) - Online food delivery service GrubHub settled a probe by the New York state attorney general on Wednesday by agreeing to not to charge fees that would allow it to make money off customers' tips. Mt. Gox set to liquidate as court denies rehabilitation (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court-appointed administrator said on Wednesday. Yahoo shares jump as Alibaba's revenue surges ahead of IPO (Reuters) - Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. American Funds urges password change to counter 'Heartbleed' bug BOSTON (Reuters) - American Funds, the No. 3 U.S. mutual fund family, advised some customers to change user names and passwords on Wednesday as the number of companies and people affected by the notorious "Heartbleed" bug grows. Megaupload's Dotcom, facing legal threat, launches political party AUCKLAND (Reuters) - Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom. Tencent launches Candy Crush game in China SHANGHAI (Reuters) - Chinese tech giant Tencent Holdings Ltd will launch a Chinese version of King Digital Entertainment Plc's explosively popular "Candy Crush Saga" game in China, as the UK-based mobile games maker looks to woo new users to support flagging sales in the United States and Europe. Related Video BlackBerry: the crash that launched 1,000 start-ups Google Glass for sale Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend