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Thursday, April 17, 2014

Technology Report: Google still a top pick for Wall Street, despite mobile ad challenges

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04/17/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google still a top pick for Wall Street, despite mobile ad challenges
(Reuters) - Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market.
Twitter broadens advertising reach through app-install ads
SAN FRANCISCO (Reuters) - Twitter Inc took a significant step Thursday towards broaden its advertising business by offering mobile ads urging people to install apps on its social network as well as through MoPub, the mobile-advertising network it acquired last year.
U.S. regulator reasserts goal to restrict AT&T, Verizon in auction
WASHINGTON (Reuters) - The top U.S. telecommunications regulator on Thursday reasserted his commitment to helping smaller national wireless carriers get access to valuable lower-frequency airwaves in the upcoming spectrum auction.
SEC's information technology at risk of hacking: report
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has failed to protect its data network against possible breaches, to encrypt highly sensitive information, or to use strong enough passwords, the Government Accountability Office said on Thursday.
Wal-Mart takes on money transfer companies with new service
(Reuters) - Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase store traffic.
Weibo cuts IPO size amid selloff in technology stocks
(Reuters) - China's Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth.
Samsung licenses 3D chip manufacturing tech to GlobalFoundries to win more orders
SEOUL (Reuters) - Samsung Electronics Co said on Friday it would license its latest chip manufacturing technology to U.S. firm GlobalFoundries, a move that would help it expand production as it vies with bigger rival TSMC for orders from customers like Apple Inc.
Nokia suspends European tablet sales due to charger fault
HELSINKI (Reuters) - Nokia has suspended sales of its Lumia 2520 tablet in some European countries while it fixes a fault with charger units which it said on Thursday could pose a risk of causing an electric shock.
China's ZTE first-quarter profit triples; meets estimate
HONG KONG (Reuters) - ZTE Corp, China's second-biggest telecommunications equipment maker, said first-quarter profit matched its estimate after benefiting from the country's introduction of fourth-generation mobile networks.
Germany's SAP braced for continued currency crunch
FRANKFURT (Reuters) - German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after reporting lower than expected first-quarter results.
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