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Monday, September 2, 2013

Technology Report: Verizon and Vodafone agree $130 billion Wireless deal

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09/2/2013
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Verizon and Vodafone agree $130 billion Wireless deal
LONDON/SAN DIEGO (Reuters) - Verizon Communications agreed on Monday to pay $130 billion to buy Vodafone out of its U.S. wireless business, signing history's third largest corporate deal to bring an end to an often fractious 14-year marriage.
Pro-Syria hackers put anti-attack message on U.S. Marines site
WASHINGTON (Reuters) - Computer hackers aligned with Syrian President Bashar al-Assad struck an Internet recruiting site for the U.S. Marine Corps on Monday, urging troops to "refuse your orders" if the United States attacks Syria.
HTC execs detained over leaked trade secrets; shares tumble
TAIPEI (Reuters) - Three HTC Corp design executives were arrested on suspicion of leaking trade secrets, sending the Taiwanese smartphone maker's shares tumbling on Monday as its troubles deepened amid a wave of senior staff departures and disappointing sales.
U.S. exit to leave Vodafone with M&A war chest
LONDON/PARIS (Reuters) - Vodafone's exit from the United States in a $130 billion deal expected to be sealed on Monday will give it a war chest to make acquisitions even after it rewards its shareholders.
Verizon, Vodafone boards set to vote on $130 billion wireless deal
NEW YORK (Reuters) - The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday.
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.
Microsoft offers ValueAct president seat on board
SEATTLE (Reuters) - Microsoft Corp on Friday offered a seat on its board to the president of ValueAct Capital Management, the activist fund manager that pressed for the ouster of Microsoft Chief Executive Steve Ballmer and wanted a say on the software giant's strategy after taking a $2 billion stake earlier this year.
Justice Department talks with Microsoft and Google stall
WASHINGTON (Reuters) - The U.S. Department of Justice's talks with Microsoft Corp and Google Inc have hit a wall as the government pushes back at the tech companies' demand for the ability to disclose the now-secret data requests they receive.
BlackBerry director says company can survive as niche smartphone maker: WSJ
(Reuters) - A member of BlackBerry Ltd's board committee tasked with exploring strategic alternatives said the company can survive as a niche smartphone maker but should sell off some parts, the Wall Street Journal said.
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.
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