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Wednesday, November 6, 2013

Technology Report: Google employees lash out at NSA over reports of cable tapping

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11/6/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google employees lash out at NSA over reports of cable tapping
SAN FRANCISCO (Reuters) - A pair of Google Inc employees involved with the internet company's security systems have publicly lashed out at the National Security Agency, with one of the employees accusing the organization of subverting the law by intercepting communications on cables linking Google's various data centers.
Twitter likely to price above expected $25 range: sources
(Reuters) - Twitter Inc is likely to price its hotly anticipated initial public offering later on Wednesday above an already bumped-up target range, according to sources familiar with the process.
Exclusive: Qatari fund invests in BlackBerry debt offer - source
DUBAI (Reuters) - Qatar Holding LLC is among a handful of investors that have put money into BlackBerry's $1 billion convertible debt offering, a source familiar with the financing plan said on Wednesday.
Activision Blizzard's revenue drops in third quarter
SAN FRANCISCO (Reuters) - Video game maker Activision Blizzard Inc said its revenue and income fell in the third quarter.
Google rivals asked if concessions go far enough in antitrust inquiry
PARIS (Reuters) - European regulators have asked Google's rivals whether the Internet search engine's revised proposals to settle an antitrust case will boost their bargaining power in commercial negotiations, a European Commission document showed.
EU regulators to investigate Hutchison, Telefonica's Irish deal
BRUSSELS (Reuters) - European antitrust regulators will investigate whether Hutchison Whampoa's $1 billion bid for Telefonica's unit in Ireland will reduce competition in the country's mobile market, the European Commission said on Wednesday.
Dish Network to close all Blockbuster stores, lay off 2,800
(Reuters) - Dish Network said on Wednesday it will close all 300 or so retail locations of the Blockbuster video rental chain by January, closing a chapter on a brand that failed to compete in the digital world.
'Call of Duty: Ghosts' video game passes $1 billion in sales to retailers
SAN FRANCISCO (Reuters) - Activision Blizzard Inc's latest title from its blockbuster "Call of Duty" video game franchise surpassed $1 billion in sell-in sales - the number of copies shipped to retailers - a day after its launch, the company said on Wednesday.
Exclusive: Telefonica likely to back Telecom Italia cash call, eyes TIM sale
MADRID/LONDON/MILAN (Reuters) - Spain's Telefonica is set to agree on an overhaul of Telecom Italia finances, including a likely cash injection of up to 2 billion euros, as it tightens its grip on the group and eyes a sale of its Brazilian unit TIM in 2014, multiple sources familiar with the strategy said.
Israeli chipmaker TowerJazz sees rising sales
TEL AVIV (Reuters) - Israeli circuit maker TowerJazz said it expects sales to rise in the fourth quarter and next year as demand for chips used in tablets and mobile phones grows.
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