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Friday, May 23, 2014

Technology Report: Exclusive: EBay did not initially realize customer data compromised in breach - executive

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05/23/2014
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Exclusive: EBay did not initially realize customer data compromised in breach - executive
BOSTON/SAN FRANCISCO (Reuters) - EBay Inc executives did not initially realize that customer data was compromised when it discovered a network breach in early May, global marketplaces chief Devin Wenig said in an interview on Friday.
Apple, Google, Intel, Adobe to pay $325 million to settle hiring lawsuit
(Reuters) - Four major Silicon Valley companies have formally agreed to pay $324.5 million to settle claims brought by employees who accused them of limiting competition by colluding not to poach each other's talent.
Panasonic aims to be sole producer in Tesla's U.S. mega-factory
OSAKA (Reuters) - Panasonic Corp said it expected to become the sole manufacturer in Tesla Motors Inc's planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car maker's project.
HP shares rise on raised job cut target, cash flow outlook
(Reuters) - Hewlett-Packard Co's shares rose as much as 7 percent on Friday, a day after the personal computer maker said it would cut as many as 16,000 more jobs and forecast strong free cash flow for the year.
Samsung may unveil 'watch-phone' as early as June: WSJ
(Reuters) - Samsung Electronics Co Ltd is developing a smartwatch that can make or receive calls without having to be tethered to a mobile phone, the Wall Street Journal reported on Friday.
DigitalGlobe eyes $400 million market for high-res images
(Reuters) - For satellite imagery provider DigitalGlobe Inc, a $400 million-a-year global market awaits as soon as the United States relaxes regulations on the sale of higher-resolution images.
U.S. states probe eBay cyber attack as customers complain
BOSTON/NEW YORK (Reuters) - EBay Inc came under pressure on Thursday over a massive hacking of customer data as three U.S. states began investigating the e-commerce company's security practices.
Google developing tablet with advanced vision capabilities - WSJ
(Reuters) - Google Inc is developing a new 7-inch tablet that can capture 3-D images, and plans to produce about 4,000 of these prototypes beginning next month, the Wall Street Journal reported, citing people briefed on the company's plans.
Facebook narrows audience that sees new users' first posts
SAN FRANCISCO (Reuters) - Facebook Inc has changed a privacy setting on its social network, limiting the audience that sees new users' first posts in a reversal of a feature that had critics said forced people to over-share personal information.
GameStop revenue rises as demand for new consoles, mobile grows
(Reuters) - Video game retailer GameStop Corp reported a 7 percent rise in quarterly revenue, driven by growth in its mobile business and demand for new games consoles made by Sony Corp and Microsoft Corp.
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