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Friday, August 30, 2013

Technology Report: Apple rolls out iPhone trade-in program in U.S. stores

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08/30/2013
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Apple rolls out iPhone trade-in program in U.S. stores
SAN FRANCISCO (Reuters) - Apple Inc has launched a trade-in program in its U.S. retail stores for older models of its iPhone as it gears up for the launch of a new version of the smartphone, it said on Friday.
Verizon in talks to buy out Vodafone stake: sources
LONDON/NEW YORK (Reuters) - Verizon Communications is close to buying the remaining stake in Verizon Wireless from Vodafone Group PLC it does not own for potentially $130 billion, according to people familiar with the talks, in what could be the third-biggest deal of all time.
Facebook considers adding profile photos to facial recognition
SAN FRANCISCO (Reuters) - Facebook Inc is considering incorporating most of its 1 billion-plus members' profile photos into its growing facial recognition database, expanding the scope of the social network's controversial technology.
Twitter's top legal executive steps down in surprise move
SAN FRANCISCO (Reuters) - Twitter's defender of free speech unexpectedly stepped down as general counsel on Friday as the microblogging company moved closer toward a long-expected initial public offering.
America Movil threatens to abandon KPN takeover bid
BRUSSELS (Reuters) - America Movil threatened to abandon its 7.2 billion euro ($9.5 billion) bid for Dutch telecommunications group KPN on Friday after a company foundation told the Mexican firm to make a better offer or it would veto the bid.
Bwin.party warns overhaul to cut full-year revenue
LONDON (Reuters) - Online gambling company bwin.party warned that full-year revenue would fall by up to 17 percent as it shrinks the business to focus on fewer markets where it can make higher returns.
Microsoft in talks to buy stake in start-up Foursquare: Bloomberg
SAN FRANCISCO (Reuters) - Microsoft Corp is in talks with social networking company Foursquare about a possible investment, Bloomberg reported on Thursday.
China's Xiaomi poaches Google's Barra to power global drive
SAN FRANCISCO (Reuters) - Xiaomi Tech, a fast-growing Chinese maker of cheap smartphones, has hired senior Google Inc Android executive Hugo Barra to spearhead its nascent global expansion.
Outlook for PC shipments worsens: IDC
SAN FRANCISCO (Reuters) - The outlook for the struggling personal computer industry is worse than was previously believed, according to market research firm IDC, which on Thursday cut its 2013 forecast for global PC shipments for at least the second time.
Canada's Harper says wireless rules do not favor foreign players
OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper on Thursday disputed claims by his country's leading wireless companies that his government's telecommunications rules give unfair advantages to foreign players like Verizon Communications Inc.
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