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Monday, May 7, 2012

Technology Report: Facebook's Zuckerberg kicks off investor show in NY

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05/7/2012
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Facebook's Zuckerberg kicks off investor show in NY
NEW YORK (Reuters) - Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network's slowing revenue growth and its $1 billion purchase of Instagram as he kicked off a cross-country roadshow to promote the company's $10 billion initial public offering.
Third Point demands Yahoo CEO hiring documents
(Reuters) - Activist hedge fund Third Point, which has called for the ouster of Yahoo Inc Chief Executive Scott Thompson for padding his resume, formally demanded in a letter that the Internet company provide access to all documents relating to Thompson's hiring.
LG Electronics to launch Google TV in U.S. in late May: executive
SEOUL (Reuters) - LG Electronics Inc, the world's No.2 TV maker, plans to launch Internet-enabled TV based on Google's platform in the United States in the week of May 21, as the South Korean firm seeks to gain a larger share of the emerging Internet TV market, a senior LG executive said on Monday.
Google infringed on some Oracle Java copyright: jury
SAN FRANCISCO (Reuters) - A Northern California jury on Monday found that Google Inc infringed upon Oracle Corp's copyrights on the structure of part of the Java software programming language, in a high stakes trial over smartphone technology.
Micron wins exclusive right to bid for Elpida: source
TOKYO (Reuters) - Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker, according to a source with direct knowledge of the deal that would more than double the U.S. company's global market share.
Analysis: Infosys woes prompt calls for change at top
BANGALORE/MUMBAI (Reuters) - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer.
Toshiba hitches ride on Apple cart to drive rebound
TOKYO (Reuters) - Unlike many beleaguered constituents of Japan Inc, Toshiba Corp, has reason to feel cheerful about ballooning sales at Apple Inc - millions of the iPhones it sells are loaded with NAND flash memory made by Japan's last big chip maker.
Chirpy Angry Birds maker eyes IPO golden egg
HELSINKI (Reuters) - Angry Birds maker Rovio Entertainment said sales jumped tenfold to $100 million last year as gamers flocked to download its titles, adding business was now strong enough for a stock market listing.
Taiwan's HTC April sales fall on year, tick up from March
TAIPEI (Reuters) - Taiwan smartphone maker HTC Corp said on Monday that consolidated sales for April were T$31.03 billion ($1.06 billion), down 20 percent from the same month a year earlier.
App designed to help parents find missing children
TORONTO (Reuters) - It's a parent's worst nightmare. Their child doesn't come home one evening and is missing for several days.
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