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Monday, April 21, 2014

Technology Report: Netflix profit rises as U.S. streaming business grows

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04/21/2014
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Netflix profit rises as U.S. streaming business grows
LOS ANGELES (Reuters) - Netflix Inc reported higher profit for the quarter that ended in March, boosted by the addition of 2.25 million customers to its movie and TV streaming service in the United States.
Nokia sees Microsoft deal closing this week
HELSINKI (Reuters) - Nokia said on Monday it expects the sale of its handset business to Microsoft to be finalized on April 25, as it had received all the required regulatory approvals.
AT&T looks to expand high-speed fiber network to 21 cities
NEW YORK (Reuters) - AT&T Inc said on Monday it expects to expand its ultra-fast fiber network and TV services to up to 21 U.S. cities, including Chicago and Atlanta.
U.S. judge dismisses case against Twitter alleging pre-IPO fraud
NEW YORK (Reuters) - Twitter Inc has won the dismissal of an unusual lawsuit accusing the social media company of fraudulently arranging a private stock sale it never intended to complete, with a goal of stoking interest in its November 2013 initial public offering.
Apple, Google vie to offer exclusive game apps: WSJ
(Reuters) - Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter.
Perfect World joins consortium offering to buy out Shanda Games
(Reuters) - China's online game developer Perfect World Co Ltd said it joined the consortium offering to buy rival Shanda Games Ltd.
At Mt. Gox bitcoin hub, 'geek' CEO sought both control and escape
TOKYO (Reuters) - In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy".
Apps link people with new places in real world
(Reuters) - Tired of the same restaurants and clubs? Not sure if friends would want to venture to a new cafe or bar? New apps show where people want to go, rather than where they have been.
Obamacare enrollees urged to change passwords over Heartbleed bug
NEW YORK (Reuters) - Americans with accounts on President Barack Obama's health insurance enrollment website, HealthCare.gov, were advised that their passwords had been reset to guard against the "Heartbleed" bug, in a message posted on the site on Saturday.
Mobile payment startup Square plans sale as losses widen: WSJ
(Reuters) - Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter.
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