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Wednesday, July 24, 2013

Technology Report: Google gets deeper into hardware with new tablet, TV gadget

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07/24/2013
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Google gets deeper into hardware with new tablet, TV gadget
SAN FRANCISCO (Reuters) - Google Inc on Wednesday showcased a new-generation, slimmer Nexus 7 tablet that the Internet search company hopes will expand its presence in consumer hardware, and ensure that its online services remain front-and-center on mobile devices.
Facebook second-quarter revenue grows
(Reuters) - Facebook Inc said revenue in the second quarter was $1.813 billion, compared to $1.184 billion in the year ago period.
Dell founder ups takeover bid based on voting rule change
(Reuters) - Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote, tacking on a controversial demand to change voting rules to make it easier for him to buy and take the No. 3 personal computer maker private.
U.S. intelligence officials warn Congress not to curb data collection
WASHINGTON (Reuters) - U.S. spy chiefs joined ranks on Wednesday against efforts in Congress to sharply curtail the National Security Agency's vast data collection program, warning that would endanger an essential intelligence tool.
Surge in iPhone sales rings well with Apple investors
(Reuters) - Apple Inc shares opened about 5 percent higher on Wednesday after the technology company's third-quarter profit beat analysts' expectations due to stellar sales of its iPhones.
Exclusive: Zulily hires banks for possible IPO - sources
SAN FRANCISCO (Reuters) - Zulily hired investment banks in recent weeks to advise the fast-growing e-commerce company on a possible initial public offering, according to two people familiar with the situation.
U.S. lawmaker worried NSA snooping will hurt digital trade
WASHINGTON (Reuters) - A U.S. lawmaker said on Wednesday he was worried revelations about U.S. surveillance activity on the Internet could encourage governments to erect new barriers to digital trade just as United States is pushing to tear existing ones down.
Apple wobbles in China as rivals offer more, for less
SAN FRANCISCO/HONG KONG (Reuters) - A sharp drop in Apple Inc's China revenue in April-June underscores the challenges it faces in its second-largest market as the technology gap with cheaper local rivals narrows and as Samsung Electronics keeps up a steady stream of new models across all price ranges.
Motorola Solutions cuts sales forecast second time in three months
(Reuters) - Motorola Solutions Inc, known for its walkie-talkies, cut its 2013 sales forecast for the second time in three months and said business customers continued to delay purchases.
Licensing demand helps chip designer ARM beat expectations
LONDON (Reuters) - British chip designer ARM Holdings said it expected continued strong demand for its technology after higher-than-expected licensing of its processors in the second quarter.
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