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Friday, April 25, 2014

Technology Report: U.S. alleges insider trading in eBay deal

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04/25/2014
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U.S. alleges insider trading in eBay deal
WASHINGTON/NEW YORK (Reuters) - The U.S. government on Friday filed criminal and civil charges accusing a former executive of insider trading in advance of eBay Inc's purchase of his e-commerce company.
U.S. appeals court revives Apple patent lawsuit against Google
WASHINGTON (Reuters) - A U.S. appeals court on Friday revived patent claims Apple made against Google's Motorola Mobility unit that had been dismissed shortly before trial, giving the iPhone maker another chance to seek a sales ban against its smartphone competitor.
Nokia says handset business sale to Microsoft completed
HELSINKI (Reuters) - Nokia on Friday said the sale of its once-dominant handset business to Microsoft has been closed after the companies agreed to leave two factories in India and Korea out of the deal.
Microsoft to get video content from AOL
(Reuters) - Online media group AOL Inc said on Friday it would offer its video content on Microsoft Corp's platforms, starting this summer.
Exclusive: Apple, Google to pay $324 million to settle conspiracy lawsuit
SAN FRANCISCO (Reuters) - Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin.
Amazon's revenue increases even as spending rises
SAN FRANCISCO (Reuters) - Amazon.com Inc's revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses.
Google social networking boss Gundotra leaving company
SAN FRANCISCO (Reuters) - Google Inc's head of social networking services, Vic Gundotra, is leaving the Internet search company, he said on Thursday, three years after overseeing the launch of the Google+ social network.
Facebook acquires fitness tracking mobile app Moves
SAN FRANCISCO (Reuters) - Facebook Inc has acquired the maker of a mobile app that can track the distance consumers walk or run and measure the calories burned, giving the social networking company an entree into the nascent market for fitness and health monitoring technology.
Amazon shares slide as higher spending overshadows revenue beat
(Reuters) - Amazon.com Inc's shares dropped more than 9 percent in early trading, after analysts raised concerns about the high level of spending on technology, content and new warehouses.
Trend-setter Apple's stock split could bring out the copycats
NEW YORK (Reuters) - Apple has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990s that has all but disappeared on Wall Street.
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