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Thursday, June 20, 2013

Technology Report: Sprint raises offer for Clearwire to $5/share

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06/20/2013
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Sprint raises offer for Clearwire to $5/share
NEW YORK (Reuters) - Sprint Nextel Corp raised its buyout offer for Clearwire Corp to $5 per share on Thursday, trumping a $4.40 per share offer from Dish Network Corp.
Facebook rolls out video for Instagram
(Reuters) - Facebook Inc introduced video for its popular photo sharing application Instagram in an attempt to go to head-to-head with rival Twitter.
Twitter lawyer appointed to senior White House technology role
WASHINGTON (Reuters) - The Obama administration has appointed Twitter lawyer Nicole Wong to a new senior advisory position to focus on internet and privacy policy, a White House official said on Thursday.
France, Spain take action against Google on privacy
PARIS/MADRID (Reuters) - France and Spain led a Europe-wide push on Thursday to get U.S. Internet giant Google to change its policies on collecting user data.
Nokia M&A talk stirs share valuation rethink
HELSINKI (Reuters) - Investors alert to M&A speculation around Nokia are taking a fresh look at whether the struggling mobile handset maker's share price undervalues its assets and increasing signs of financial stability.
Pirate Bay founder sentenced to 2 years in Sweden hacking case
STOCKHOLM (Reuters) - A co-founder of file-sharing website Pirate Bay was sentenced to two years in jail on Thursday for hacking into computers at a company that manages data for Swedish authorities and making illegal online money transfers, a court said.
Mobile device boom no threat to movie theatre growth: Imax CEO
JERUSALEM (Reuters) - People will always want to watch movies in theatres despite the growing trend of watching videos at home and on mobile devices, the head of giant movie system maker Imax said.
Insight: New Masters of the Universe? Banks see future in IT hires
LONDON (Reuters) - The investment banking industry is heading into a digital revolution that could redraw not only its business model but also the traditional image of its staff.
Hacking threat and tougher data laws promise insurance boom
LONDON (Reuters) - For European insurers frustrated that "cyber crime" policies have so far failed to find a ready market among skeptical companies, hope may be at hand.
Facebook has never been stronger since IPO, Sandberg says
SAN FRANCISCO (Reuters) - A year after Facebook Inc's fumbled IPO, Wall Street remains slow to recognize what Chief Operating Officer Sheryl Sandberg argues has been an across-the-board improvement in its business.
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