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Thursday, February 6, 2014

Technology Report: LinkedIn 2014 revenue forecast misses Wall Street estimate

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02/6/2014
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LinkedIn 2014 revenue forecast misses Wall Street estimate
SAN FRANCISCO (Reuters) - LinkedIn Corp delivered a revenue forecast that fell short of Wall Street expectations, sending its stock down about 8 percent in after-hours trading on Thursday.
Google starts selling corporate videoconferencing product
SAN FRANCISCO (Reuters) - Google Inc unveiled a videoconferencing system for businesses on Thursday, the Internet search company's latest effort generate revenue from corporate customers.
Investors dump Twitter stock as results divide Wall Street
(Reuters) - Twitter Inc's shares fell almost 25 percent on Thursday, wiping out about $9.8 billion in market value, after the company reported a sharp slowdown in user growth.
Amazon asks customers to pick from TV pilots for show development
LOS ANGELES (Reuters) - Amazon.com Inc released its second batch of TV pilots on Thursday and asked for customer feedback to help determine which of the 10 shows to develop into series for its video streaming service.
AOL revenue beats estimates as ad sales jump
(Reuters) - AOL Inc on Thursday reported a better-than-expected 13 percent rise in quarterly revenue, helped by higher ad sales and cited its best growth in a decade.
Russia's VTB to stay as investor in mobile venture for at least 3 years
MOSCOW (Reuters) - Russian bank VTB said it would stay for at least three years as an investor in T2 RTK Holding, the country's No.4 mobile carrier being formed from the merger of Tele2 Russia and the wireless assets of Rostelecom.
India investigates report of Huawei hacking state carrier network
NEW DELHI (Reuters) - India has launched an investigation after a media report alleged that Chinese telecoms company Huawei had hacked into state-run telecoms carrier Bharat Sanchar Nigam, a senior government official said.
Vodafone sees signs of recovery after another torrid quarter
LONDON (Reuters) - Britain's Vodafone said it was finally seeing early signs of a turnaround due to a growing number of customers and the take-up of more expensive 4G services, following yet another torrid quarter hit by fierce competition in Europe.
As losses mount, Sony's Hirai seeks cure for TV business in spinoff
TOKYO (Reuters) - Sony Corp Chief Executive Offer Kazuo Hirai is seeking to cure a TV business that has lost $7.8 billion over a decade by isolating it to speed up decisions on future strategy.
BCE rides media, wireless units to profit growth
TORONTO (Reuters) - BCE Inc, Canada's biggest telecommunications company, posted a 17 percent rise in adjusted quarterly profit and raised its dividend on Thursday, helped by strong growth in its media wing and ongoing strength in wireless.
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