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Monday, December 3, 2012

Technology Report: Nokia Siemens to sell optical networks unit

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12/3/2012
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
Nokia Siemens to sell optical networks unit
FRANKFURT (Reuters) - Mobile telecoms equipment joint venture Nokia Siemens Networks, which is focusing on its core business, is to sell its optical fiber unit to Marlin Equity Partners for an undisclosed sum.
Ericsson seeks U.S. import ban on Samsung products
STOCKHOLM (Reuters) - Swedish telecoms gear maker Ericsson has filed a request with the U.S. International Trade Commission to ban U.S. imports of products made by South Korean group Samsung,
Sharp, Qualcomm to jointly develop LCD panels: Nikkei
(Reuters) - Sharp Corp and Qualcomm Inc reached a deal to jointly develop an energy-efficient LCD panel for smartphones using the Japanese company's display technology, the Nikkei reported.
Vatican unveils Pope's Twitter handle: @pontifex
VATICAN CITY (Reuters) - The secret's out. Pope Benedict's new handle on Twitter will be @pontifex, beating out other contenders that had been considered to showcase the thoughts of one of the world's most visible leaders.
CSC to sell credit services unit to Equifax for $1 billion
(Reuters) - U.S. technology services provider Computer Sciences Corp will sell its credit services unit to business information provider Equifax Inc for $1 billion in cash, and record after-tax proceeds of about $750 million to $800 million.
U.S. election, iPhone 5, Kardashian top Yahoo! 2012 searches
LOS ANGELES (Reuters) - The U.S. presidential election became the most-searched item and Kim Kardashian was the most-searched person on Yahoo! in a year when online searches were dominated by big news stories and pop culture obsessions, the search engine company said on Monday.
China's dot-com darlings tap cheap global credit
HONG KONG/SHANGHAI (Reuters) - Chinese search engine company Baidu Inc paid a lower interest rate than Google Inc when it sold $750 million in 10-year bonds last month.
Australia crackdown on Google taxes seen holding investment risks
MELBOURNE (Reuters) - Australia faces an uphill battle to capture a greater share of tax revenue from multinationals such as Google and needs to work with its trading partners to avoid scaring away investors with an image as a high tax nation, tax lawyers and specialists say.
Zynga shares slide after privileged status with Facebook ends
(Reuters) - Shares of gaming company Zynga Inc fell as much as 10 percent, a day after the "Farmville" creator reached an agreement with Facebook Inc that reduces its dependence on the social networking giant.
EBay's double tax base prompts calls for investigation
LONDON (Reuters) - Britain and Germany may have missed out on a combined $1 billion in sales tax since online marketplace eBay picked a tiny Luxembourg office as its base for EU sales, a shift that lawmakers say should now be investigated.
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