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Friday, May 11, 2012

Technology Report: Facebook's Zuckerberg says mobile first priority

Reuters » Technology Report
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05/11/2012
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's Zuckerberg says mobile first priority
PALO ALTO, California (Reuters) - Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application.
Facebook co-founder Saverin renounces citizenship
SAN FRANCISCO (Reuters) - Facebook co-founder, Eduardo Saverin, has renounced his U.S. citizenship, according to an Internal Revenue Service report, just days before the company's record initial public offering.
Nvidia revenue, outlook beat Street; shares jump
(Reuters) - Nvidia Corp's quarterly revenue and outlook were ahead of low Wall Street estimates on better-than-expected sales of its latest graphics chips, sending its shares up 9 percent.
Analysis: Facebook friends Itaú BBA in nod to Brazil growth
SAO PAULO/NEW YORK (Reuters) - For most people, Facebook is a way to connect with friends and family all over the globe. For Brazilian investment bank Itaú BBA, Facebook could help it forge connections with the elite banks that handle the world's biggest financial deals.
Sony slides to three-decade low on strategy doubts
TOKYO (Reuters) - Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in the smartphone market against Apple Inc and Samsung Electronics.
Wireless carriers eye solutions to spectrum crunch
NEW ORLEANS (Reuters) - Top U.S. mobile operators are turning to a new type of equipment known as small cells to boost network capacity in the face of a shortage of wireless spectrum.
Insight: Salesforce's plan for opulent campus a costly debacle
SAN FRANCISCO (Reuters) - In early 2010, Marc Benioff, founder and chief executive of Salesforce.com, summoned several of his top real estate and finance executives to his San Francisco home to float a bold idea.
Yahoo CEO says he never provided a resume: source
SAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Scott Thompson, at the centre of a row over his educational qualifications, told his top executives on Thursday he never provided a resume or incorrect information to Yahoo, a source familiar with the situation said.
Viddy gets $30 million funding, aims to stand out from competition
SAN FRANCISCO (Reuters) - Viddy, the popular mobile video start-up, announced on Friday it has raised a hefty $30 million from institutional investors to bolster its expansion efforts in the face of stiff competition from Socialcam, a similar video-sharing service.
Online music storage firm MP3tunes files for bankruptcy
(Reuters) - Online music storage firm MP3tunes Inc filed for bankruptcy in a U.S. court, following its prolonged run-in with music publishing giant EMI Group over copyright issues, court filings showed.
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