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Monday, May 14, 2012

Technology Report: Yahoo investors applaud change, fear limbo

Reuters » Technology Report
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05/14/2012
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Yahoo investors applaud change, fear limbo
(Reuters) - Yahoo Inc's new interim chief executive is a signal to Wall Street that the company is returning to a media-centric strategy, even as the its weekend deal with activist hedge fund Third Point raises new questions about its future.
Falcone's LightSquared files for bankruptcy
(Reuters) - Hedge fund manager Philip Falcone's dream of bringing another wireless network to the United States appeared to collapse on Monday when LightSquared Inc, the ailing telecommunications company he bankrolled, filed for bankruptcy protection.
Amazon aims to launch front-lit Kindle in July: source
(Reuters) - Amazon.com Inc will launch new versions of its Kindle e-reader and tablet, including a monochrome e-reader with front lighting, a source who has seen the prototype told Reuters.
U.S. court revives Apple claim on Samsung tablets
WASHINGTON (Reuters) - A U.S. appeals court ruled on Monday that Apple Inc could press its bid for an immediate injunction to block the sale of some tablet computers made by Samsung Electronics Co Ltd based on allegations of infringement of one patent.
Sony, Panasonic plan OEL TV tie-up: Nikkei
(Reuters) - Sony Corp and Panasonic Corp are in talks to jointly produce large OEL (organic electroluminescence) televisions, the Nikkei business daily said.
Facebook to close IPO books Tuesday
(Reuters) - Facebook Inc will close the books on its mammoth $10.6 billion initial public offering Tuesday, according to a source familiar with the deal.
Nvidia picks up wireless patents in mobile push
(Reuters) - Graphics chipmaker Nvidia Corp is buying about 500 wireless communications patents from privately held IPWireless, as it locks horns with Qualcomm Inc in the lucrative market for smartphone and tablet chips.
Fewer women in top U.S. tech jobs since 2010: survey
NEW YORK (Reuters) - The number of women in senior technology positions at U.S. companies is down for the second year in a row, according to a survey published on Monday.
New wedding web app connects guests before the big day
TORONTO (Reuters) - Planning a wedding? A new web app lets the bride and groom-to-be create a social website that connects guests with each other before the big day.
Facebook IPO has halo effect for venture capitalists
SAN FRANCISCO (Reuters) - For the handful of venture capitalists who backed Facebook in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week.
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