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Friday, March 23, 2012

Technology Report: Apple's devoted shareholders get rich, and hang on

Reuters » Technology Report
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03/23/2012
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Apple's devoted shareholders get rich, and hang on
NEW YORK (Reuters) - When Anton Marinovich turned 18, his grandmother gave him $1,000 with strict instructions to invest in the stock market. He chose Apple Inc.
Nokia Siemens, German unions agree on 1,600 job cuts
HELSINKI/FRANKFURT (Reuters) - Nokia Siemens on Friday reached a deal with German unions to cut 1,600 jobs in Munich, part of the telecom equipment maker's ongoing restructuring program, which includes 17,000 job losses globally.
RIM to give out prototype BlackBerry device
TORONTO (Reuters) - Research In Motion plans to give developers a prototype BlackBerry 10 device to help them design applications for future smartphones that will run on a modified version of the software running RIM's poor-selling PlayBook tablet.
Web address controversy deepens after U.S. warning
LONDON (Reuters) - A controversial attempt to expand Internet addresses far beyond the likes of .com, .org or .net has provoked a rare threat from the U.S. government to withdraw a key license from the body that runs the Internet's core functions.
Rovio to get Angry Birds Space for Windows Phone: CEO
HELSINKI (Reuters) - Rovio is working on getting its new Angry Birds Space game to Microsoft's Windows Phone 7 platform (WP7), its chief executive said on Friday, putting Nokia and other Windows phones more on a par with the iPhone.
Insight: Samsung: "fast executioner" seeks killer design
SEOUL (Reuters) - When Samsung Electronics rushed its first smartphone to market in a panicky response to the smash-hit debut of the Apple iPhone, some customers burned the product on the streets or hammered it to bits in public displays of disaffection.
Google charts a careful course through Asia's maps
(Reuters) - Google rushed out its panoramic Street View maps in Thailand on Friday as part of the country's efforts to show tourist hot spots have recovered from last year's floods.
Akamai CEO sets $5 billion revenue target by 2020
BANGALORE (Reuters) - Akamai Technologies Inc's chief executive said he wants to grow the Internet content delivery company's revenue five-fold to $5 billion by the end of this decade.
Zynga shareholders to sell 43 million shares
(Reuters) - Zynga Inc shareholders will sell Class A shares worth about $591 million, with founder and CEO Mark Pincus alone set to reap about $227 million based on Thursday's closing price.
Facebook buys 750 patents from IBM: source
SAN FRANCISCO (Reuters) - Facebook has acquired hundreds of patents from International Business Machines Corp as the social networking company attempts to bolster its intellectual property portfolio in the wake of a lawsuit filed by Yahoo.
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