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Monday, March 18, 2013

Technology Report: EBay hit as "gloves come off" over PayPal digital wallet fee

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03/18/2013
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EBay hit as "gloves come off" over PayPal digital wallet fee
SAN FRANCISCO (Reuters) - EBay Inc shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company's PayPal business.
Electronic Arts CEO to step down
SAN FRANCISCO (Reuters) - Electronic Arts' Chief Executive Officer John Riccitiello has resigned, saying he was "accountable" for the company's missing operational targets.
Analysis: Amazon's sellers unhappy about fee hikes, eye rivals
SAN FRANCISCO (Reuters) - A brewing conflict between Amazon.com Inc and its merchants over fee hikes could benefit rival eBay Inc, and provide an opening for Wal-Mart Stores Inc and Google Inc, which are just getting into the space.
STMicro, Ericsson split mobile chip unit, 1,600 jobs go
PARIS/STOCKHOLM (Reuters) - STMicroelectronics and Ericsson will close their loss-making mobile chip joint venture ST-Ericsson by dividing parts of the business between them and shutting the rest with the loss of about 1,600 jobs.
Advent Software says to remain independent after review
(Reuters) - Accounting software maker Advent Software Inc said it decided to continue as an independent company after a strategic review, sending shares down as much as 12 percent in early trading.
Malls must move beyond shopping to survive in Internet era
CANNES, France (Reuters) - As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that can't be replicated on the Web like hospital care and government offices.
Global PC shipments falling more than expected: IDC
SAN FRANCISCO (Reuters) - Global PC shipments, already hit by consumers' growing preferences for tablets and smartphones, are falling more than previously predicted due to weakness in China, according to market research firm IDC.
Entropic cuts outlook on delay in set-top box orders
(Reuters) - Entropic Communications Inc, which designs chipsets for video and broadband multimedia applications, cut its outlook for the first quarter as a U.S. pay-TV service provider delayed orders for set-top boxes.
Panasonic considers sale of healthcare business: sources
TOKYO (Reuters) - Japan's Panasonic Corp is considering selling its healthcare business to raise cash as the consumer electronics maker fights to end losses with flat-panel televisions, two sources familiar with the matter said on Sunday.
Samsung Galaxy S4 blitz may prompt Apple rethink
SAN FRANCISCO (Reuters) - Samsung's newest, feature-packed Galaxy S4 may put pressure on Apple Inc to accelerate its pace of smartphone design and venture into cheaper devices - both departures from usual practice.
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