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Friday, March 8, 2013

Technology Report: NYC pension funds join effort to replace two HP directors

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03/8/2013
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
NYC pension funds join effort to replace two HP directors
(Reuters) - New York City's public pension funds on Friday joined in an effort to oust two Hewlett-Packard Co directors because of their support for the company's 2011 acquisition of British software maker Autonomy.
T-Mobile USA to start BlackBerry Z10 business sales on March 11
NEW YORK (Reuters) - T-Mobile USA, the fourth biggest U.S. mobile service provider, said on Friday that it would start selling the highly anticipated and much delayed BlackBerry Z10 touchscreen smartphone to its business customers on March 11.
Google to cut 1,200 jobs at Motorola Mobility
(Reuters) - Google's Motorola Mobility unit is to shed another 1,200 jobs or 10 percent of its workforce as the smartphone maker tries to return to profitability, Google said on Friday.
Canada, U.S. courts to jointly handle Nortel Networks cash fight
(Reuters) - A U.S. judge and a Canadian judge ruled on Friday they will jointly decide a multibillion-dollar dispute in the Nortel Networks bankruptcy through a simultaneous cross-border trial.
E-hail app to order yellow cabs in NYC blocked by judge
NEW YORK (Reuters) - A pilot program that would allow people in New York City to hail yellow cabs using a smartphone app was blocked by a judge on Thursday, handing a victory to private car companies that have said the program threatens their business.
Icahn demands Dell pay $16 billion dividend to avert fight
(Reuters) - Activist investor Carl Icahn is demanding Dell Inc pay out $15.7 billion in special dividends, joining a growing chorus of opposition to founder Michael Dell's plan to take the world's No. 3 personal computer maker private.
Hon Hai won't invest in Sharp by March 26 deadline: media
TOKYO (Reuters) - Hon Hai Precision Industry Co Ltd will not invest in Sharp Corp by a March 26 deadline after the two firms failed to revise an earlier agreement, although the Taiwanese company has not ruled out an investment altogether, a newspaper said.
Facebook puts focus on photos in new look; may boost ads
MENLO PARK, California (Reuters) - Facebook Inc introduced the biggest change in years to its popular newsfeed on Thursday, with a new look and focus on photos that is expected to make the social network more ad-friendly and may entice users to spend more time on the website.
Samsung's Sharp equity deal reveals pressures as display unit lags
SEOUL (Reuters) - For Samsung Electronics Co Ltd, the world's No.1 maker of smartphones, TVs and memory chips, this week's deal to invest in a Japanese display maker spotlights an uncomfortable fact: it is no longer the undisputed global leader in displays.
Hon Hai chief in Tokyo for talks on Sharp deal: media
TAIPEI (Reuters) - The chairman of Hon Hai Precision will meet Sharp Corp executives this week in a bid to revive stalled talks over Hon Hai's plans to buy a stake in Sharp, local media reported on Friday.
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