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Monday, February 10, 2014

Technology Report: Icahn gives up Apple buyback plan after ISS urges 'no' vote

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02/10/2014
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Icahn gives up Apple buyback plan after ISS urges 'no' vote
(Reuters) - Billionaire activist investor Carl Icahn has backed off from his proposal that Apple Inc increase its stock buybacks, citing the company's recent repurchases as well as an influential proxy adviser's call against his proposal.
Exclusive: FireEye takes on Cisco, Palo Alto with new cyber product
(Reuters) - Cybersecurity firm FireEye Inc plans to take on Cisco Systems Inc and Palo Alto Networks Inc in selling intrusion prevention systems, which help companies detect cyber threats that breach their firewalls.
Vodafone may have $30 billion-$40 billion acquisition capacity: CEO
NEW YORK (Reuters) - Vodafone Group Plc could have the capacity to spend $30 billion to $40 billion on acquisitions in coming years and no deal should be too big if it makes strategic sense, Chief Executive Vittorio Colao said on Monday.
EU regulators to rule on Samsung, Motorola disputes in April
BRUSSELS (Reuters) - EU regulators will rule on antitrust cases against Samsung Electronics and Motorola Mobility in April, the European Commission said on Monday as it seeks to end the so-called patent wars between smartphone makers.
Researchers uncover cyber spying campaign dubbed 'The Mask'
PUNTA CANA, Dominican Republic (Reuters) - A computer security software firm has uncovered what it calls the first cyber espionage campaign believed to be started by a Spanish-speaking country, targeting government agencies, energy companies and activists in 31 countries.
Nokia to unveil low-cost Android phone, report says
SEATTLE (Reuters) - Nokia will unveil a low-cost smartphone running a version of Google Inc's Android operating system, despite the company's close partnership with Microsoft Corp and its competing Windows system, according to a report in the Wall Street Journal.
Canada government adamant in opposing Telus bid for Mobilicity
OTTAWA (Reuters) - Canada's federal government signaled on Monday that it was still opposed to any of the country's established wireless companies acquiring Mobilicity, even though the startup, now under creditor protection, could cease operations without such a deal.
Alibaba offers to buy digital mapping company AutoNavi
(Reuters) - Alibaba Group Holding Ltd, China's largest e-commerce firm, offered to buy AutoNavi Holdings Ltd in a deal valuing the Chinese digital mapping and navigation firm at $1.58 billion.
Chipmaker Microchip to buy Supertex for $394 mln in cash
(Reuters) - Chipmaker Microchip Technology Inc said it would buy Supertex Inc for $394 million in cash to bolster its business that supplies to the medical, LED lighting, industrial and telecommunication industries.
Ubisoft sees full-year loss at higher end of range
PARIS (Reuters) - French videogames publisher Ubisoft said its full-year operating loss would be at the higher end of a previously given range, while sales would also be at the lower end of expectations.
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