Career News 24/7: Technology Report: Facebook deals may add week to IPO timing: source

Tuesday, April 24, 2012

Technology Report: Facebook deals may add week to IPO timing: source

Reuters » Technology Report

04/24/2012

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

Facebook deals may add week to IPO timing: source

SAN FRANCISCO (Reuters) - A recent acquisition spurt by Facebook Inc may add about a week to the social network's journey to public markets, a source familiar with the situation said on Tuesday.

Oracle confronts Google's Schmidt about Java

SAN FRANCISCO (Reuters) - Google's former chief executive, Eric Schmidt, testified in court on Tuesday that he could not recall whether he was told in 2005 by people within his company that it had to pay for a license from Sun Microsystems to use the Java programming language.

Apple infringes on Motorola Mobility patent: ITC judge

WASHINGTON (Reuters) - Apple Inc infringed on a Motorola Mobility Holdings Inc patent in making its popular iPhones, iPads and other products, a judge for the International Trade Commission ruled on Tuesday.

U.S. eyes broader cyber-threat pact with companies

ARLINGTON, Virginia (Reuters) - The U.S. government is close to completing rules for a long-awaited expansion of the number of defense contractors with which it swaps data on cyber threats, the Defense Department's chief information officer said on Tuesday.

Analysis: As technology shifts, Asian giants wrestle for TV control

TOKYO/TAIPEI (Reuters) - LG Electronics will steal a march on its rivals by bringing forward the launch of a 55-inch flat TV using next-generation technology, raising the stakes in a cut-throat battle for the living room between Asia's top tech powerhouses.

Options market sees big earnings move for Apple

NEW YORK (Reuters) - The wild ride in Apple shares this year could get even more interesting when the company reports quarterly results after the bell on Tuesday.

Ratings cut piles fresh agony on Nokia

HELSINKI (Reuters) - Fitch ratings agency piled fresh agony on Nokia on Tuesday, cutting its debt rating to junk status for the first time and warning the struggling handset maker's cash position was under severe strain.

Yahoo Japan, Yahoo Inc end talks on share buyback

TOKYO (Reuters) - Yahoo Japan Corp's talks with key shareholder Yahoo Inc for a share buyback have ended with no agreement, but the companies left open the possibility of further negotiations, Yahoo Japan's chief financial officer Toshiki Ohya said on Tuesday.

Toshiba drops out of bidding for Elpida: sources

TOKYO (Reuters) - Toshiba Corp is no longer bidding for bankrupt Japanese chip maker Elpida Memory, sources close to the talks said, leaving a handful of foreign firms including SK Hynix and Micron Technology in the race to take over the company.

Symantec stock drops on sales execution concern, outlook

(Reuters) - Software maker Symantec Corp rattled investors on Tuesday with lower quarterly targets, raising concerns over sales execution and sending its shares down more than 11 percent.