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Friday, August 16, 2013

Technology Report: Icahn's bid to fast-track key Dell lawsuit fails

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08/16/2013
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Icahn's bid to fast-track key Dell lawsuit fails
WILMINGTON, Delaware (Reuters) - Activist investor Carl Icahn's legal effort to derail a $25 billion takeover of Dell Inc stalled on Friday after a judge refused to fast-track his lawsuit against the company, an integral part of his months-long opposition campaign.
Virus targets the social network in new fraud twist
BOSTON (Reuters) - In the world of cyber fraud, a fake fan on Instagram can be worth five times more than a stolen credit card number.
China seen probing IBM, Oracle, EMC after Snowden leaks
SHANGHAI (Reuters) - China's Ministry of Public Security and a cabinet-level research center are preparing to investigate IBM Corp, Oracle Corp and EMC Corp over security issues, the official Shanghai Securities News said on Friday.
Canada's telecoms to change tack in anti-Verizon crusade: sources
TORONTO (Reuters) - Canada's three biggest wireless companies plan to attack Verizon Communications Inc's role in the U.S. government's electronic spying scandal, as they scramble to force Ottawa to rethink rules that encourage Verizon to set up in Canada, according to four sources.
For China's Xiaomi, it's what's on the inside that counts
BEIJING (Reuters) - Two years after its high-quality, budget smartphone won over millions of Chinese fans, domestic tech firm Xiaomi Tech wants to make more money from online shopping and games than it does from selling its handsets.
China shuts shopping site for court workers over graft concerns
BEIJING (Reuters) - Chinese authorities shut down a shopping website offering deals to workers at courts on everything from beauty products to cars as the government clamps down on corruption and the legal system tries to recover from a series of scandals.
Chubby Checker can sue HP over genital-measuring app, judge says
SAN FRANCISCO (Reuters) - The musician famous for the Twist dance style can sue Hewlett Packard Co over allegations that the tech company used his trademarked name "Chubby Checker" on a software app that purports to measure a man's genitals.
Sony nears deal with Viacom for new Internet TV service: WSJ
(Reuters) - Sony Corp is close to striking a deal to secure content from media company Viacom for a new Internet-based TV service, the Wall Street Journal reported on Thursday.
Hackers use new tactic to attack U.S. media sites
(Reuters) - Hackers promoting the Syrian Electronic Army simultaneously targeted websites belonging to CNN, Time and the Washington Post on Thursday by breaching Outbrain, a firm which publishes content recommendations on those sites.
Dell's quarterly profit plummets amid buyout brawl
SAN FRANCISCO (Reuters) - Dell Inc, the PC maker embroiled in a takeover battle between its founding CEO and activist investor Carl Icahn, on Thursday reported a 72 percent slide in quarterly earnings as PC sales extended their downward spiral.
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