Technology Report: Microsoft shares hit by biggest sell-off since 2000

	Click to View in Browser 07/19/2013 Microsoft shares hit by biggest sell-off since 2000 (Reuters) - Microsoft Corp shares fell more than 12 percent on Friday, their biggest plunge in 13 years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet. U.S. FCC moves to reform E-Rate subsidy for Internet at schools (Reuters) - U.S. Federal Communications Commission moved on Friday to revamp a subsidy program aimed at bringing faster Internet to schools and libraries, after President Barack Obama's plea for a swifter transition to the digital era. Google shares set to open lower on margin decline, target price cuts (Reuters) - Google Inc's recent changes to its advertising system to increase revenue from mobile users took a toll on its second-quarter results, prompting at least six brokerages to lower their price targets on the stock. France clears Iliad of intentionally slowing down YouTube PARIS (Reuters) - France's telecom regulator has cleared Iliad, the country's second-biggest broadband provider, of intentionally slowing down Google's video-sharing site YouTube, following a six-month investigation. Vodafone sees no let-up from European woes LONDON (Reuters) - Vodafone said it did not expect any let-up in the pressures weighing on its business, as the world's second-largest mobile operator reported first-quarter results hit by regulation and recession across Europe. Falling ad rates, Motorola losses dent Google results SAN FRANCISCO (Reuters) - Google Inc on Thursday reported second-quarter results short of Wall Street's estimates as weakening prices for the Internet company's ads and widening losses from its Motorola mobile phone business weighed on the bottom line. Dell postpones meeting on buyout as more votes needed NEW YORK/ROUND ROCK, Texas (Reuters) - Dell Inc on Thursday postponed a shareholder vote on CEO Michael Dell's $24.4 billion buyout offer, after he won 11th-hour backing from several large investors but still fell short of enough votes to seal the deal. Taiwan a 'testing ground' for Chinese cyber army TAIPEI (Reuters) - Taiwan is the frontline in an emerging global battle for cyberspace, according to elite hackers in the island's IT industry, who say it has become a rehearsal area for the Chinese cyberattacks that have strained ties with the United States. Nasdaq forum website hacked, passwords compromised NEW YORK (Reuters) - Cyber-criminals targeted Nasdaq OMX Group's community forum website and gained access to the email usernames and passwords of the members of the site, which took two days to come back online on Thursday evening. China upstart Qihoo 360 in talks to buy Sohu's search engine BEIJING (Reuters) - Qihoo 360 Technology Co said it is in early talks with Sohu.com Inc to buy its Sogou search engine, a deal estimated to be worth up to $1.4 billion and which would help the upstart command a quarter of China's search market. Related Video Techquity: Microsoft needs activist shareholders: analyst Homes get smarter with app technology Mediafile Poornima Gupta How about Hightail-ing it? A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend