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Wednesday, May 16, 2012

Technology Report: Several brokerages stop taking Facebook IPO orders

Reuters » Technology Report
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05/16/2012
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Several brokerages stop taking Facebook IPO orders
NEW YORK (Reuters) - NEW YORK, May 16 (Reuters) - TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives.
Apple readies iPhone with bigger screen: sources
TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday.
Sprint CEO sees more telecom M&A's possible
NEW YORK (Reuters) - Sprint Nextel believes U.S. regulators are open to large telecom deals despite their opposition to an AT&T Inc deal last year, but Sprint itself will try to avoid doing a big deal until 2014, according to Chief Executive Dan Hesse.
Google revamps U.S. search
SAN FRANCISCO (Reuters) - Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said.
Facebook boosts IPO size by 25 percent, could top $16 billion
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money.
A post-IPO Facebook strategy
NEW YORK (Reuters) - Try as they might, many retail investors won't be able to get shares of Facebook in its first hours of trading.
Analysis: Key to Universal-EMI decision: Has music business lost control?
WASHINGTON (Reuters) - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry.
Verizon sees revenue increase from shared plans
NEW YORK (Reuters) - Verizon Wireless should see an increase in data revenue after it offers new shared data plans this summer, according to a top executive for parent company Verizon Communications Inc.
Huawei: EU contract plans may signal more curbs
BRUSSELS (Reuters) - China-based Huawei criticized on Wednesday proposals by the European Union to block non-EU companies from lucrative public contracts, saying such a move may pave the way for more restrictions on doing business in the bloc.
Italy Microsoft head in pole for CEO position at RCS: sources
MILAN (Reuters) - Pietro Scott Jovane, CEO of the Italian unit of Microsoft, was in pole position to take over as chief executive of Italian media company RCS MediaGroup, two sources close to the matter said on Wednesday.
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