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Wednesday, March 19, 2014

Technology Report: Icahn calls on eBay to sell 20 percent of PayPal in an IPO

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03/19/2014
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Icahn calls on eBay to sell 20 percent of PayPal in an IPO
(Reuters) - Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, in his latest missive to shareholders.
Bill fleshing out curbs on Mexico's Slim to come this week: lawmaker
MEXICO CITY (Reuters) - Mexico will send legislation to Congress this week to flesh out reforms that seek to curb the power of telecoms mogul Carlos Slim and the country's top broadcaster Televisa, a senior lawmaker said on Wednesday.
Google won't face email privacy class action
(Reuters) - Google Inc won a significant legal victory as a U.S. judge decided not to combine several lawsuits that accused the Internet search company of violating the privacy rights of hundreds of millions of email users into a single class action.
Exclusive: States to probe Comcast plan to buy Time Warner Cable
WASHINGTON (Reuters) - Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida officials told Reuters.
Marketing start up rolls out mobile platform in emerging countries
(Reuters) - Mobile marketing startup Jana launched on Wednesday a new way for advertisers to reach consumers in emerging countries through mobile phones.
Poland's Orange and mBank want to create mobile bank services
WARSAW (Reuters) - The Polish unit of France's Orange will work with mBank, a unit of Germany's Commerzbank, to provide mobile financial services, both companies said in a statement on Wednesday.
Alibaba's choice of U.S. IPO spurred by rivals, Hong Kong impasse: sources
HONG KONG (Reuters) - After a year of waiting, the man running what could be the biggest-ever technology IPO finally lost patience with Hong Kong.
Oracle quarterly results disappoint Wall Street; shares fall
SAN FRANCISCO (Reuters) - Oracle Corp posted higher third-quarter revenue and profit that failed to satisfy investors looking for signs of a sustained turnaround and its shares fell about 4 percent.
Google takes consumers' wrists to next frontier with Android watch
SAN FRANCISCO (Reuters) - Voice-controlled smartwatches that track heart rates and connect to phones and tablets will debut later this year as Google Inc partners with electronics, technology and fashion companies to take consumers to the next promised frontier in computing.
Microsoft shares flirt with dotcom-boom levels on iPad app report
(Reuters) - Microsoft Corp's shares scaled levels last seen in the dotcom boom following reports that the company plans to unveil an iPad version of its Office software suite, potentially generating billions of dollars in revenue.
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