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Friday, December 7, 2012

Technology Report: Exclusive: Google to replace M&A chief

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12/7/2012
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
Exclusive: Google to replace M&A chief
SAN FRANCISCO (Reuters) - Google Inc is replacing the head of its in-house mergers and acquisitions group, David Lawee, with one of its top lawyers, according to a person familiar with the matter.
Italian tax police visit Facebook's Milan offices
MILAN (Reuters) - Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy, an investigative source and the U.S. company said on Friday.
China's mini Apple takes slice of smartphone pie
BEIJING (Reuters) - China's Xiaomi Technology is a fairy tale for nerdy entrepreneurs.
Cisco bets on software and services for mid-term growth
NEW YORK (Reuters) - Cisco Systems laid out its mid-term growth strategy on Friday, betting on increased demand for software, services and security as it strives to become the world's leading information technology company.
D. Telekom hopes investments will soften dividend blow
BONN, Germany (Reuters) - Deutsche Telekom hopes major investments in Germany and the United States and a long-awaited iPhone deal will turn around its fortunes, compensating for the dividend cut it plans to pay for them.
Apple, Samsung spar in court, ruling to come
SAN JOSE, California (Reuters) - Apple Inc and Samsung Electronics squared off again in court on Thursday, as the iPhone maker tried to convince a U.S. district judge to ban sales of a number of the South Korean company's devices and defended its $1.05 billion jury award.
TPSA sees Polish telco market tumbling further in 2013
WARSAW (Reuters) - France Telecom's Polish unit TPSA expects its home telecoms market, which it dominates, to shrink by over seven percent next year because of economic woes and further regulatory cuts in mobile charges, its top executive said.
Russia's Deputy PM to meet Rostelecom board next week
MOSCOW (Reuters) - Russia's deputy prime minister will meet the board of Rostelecom next week amid reports he may suggest replacing the management of the state-controlled telecoms operator after the house of its CEO was searched in a fraud probe.
China labor arbitrators rule against injured Foxconn worker
HONG KONG (Reuters) - Chinese labor arbitrators have ruled against the father of a Foxconn worker brain-damaged in a factory accident in southern China, in a case that puts more attention on the labor practices of Apple Inc's largest contract manufacturer.
Apple to return some Mac production to U.S. in 2013
SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc plans to move some production of Macintosh computers to the United States from China next year, Chief Executive Tim Cook said in remarks published on Thursday, in what could be a important test of the nascent comeback in U.S. electronics manufacturing.
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