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Wednesday, June 4, 2014

Technology Report: China state media calls for 'severe punishment' for Google, Apple, U.S. tech firms

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06/4/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
China state media calls for 'severe punishment' for Google, Apple, U.S. tech firms
BEIJING (Reuters) - Chinese state media lashed out at Google Inc GOOGL.O, Apple Inc AAPL.O and other U.S. technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the U.S. government for monitoring China and stealing secrets.
Cash infusion for Gild aims to bring diversity to U.S. tech sector
SAN FRANCISCO (Reuters) - Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers.
NQ Mobile says committee finds no evidence of fraud, shares jump
(Reuters) - Chinese mobile security software maker NQ Mobile Inc said an independent committee had found no evidence of fraud, as alleged by short-seller Muddy Waters Research Group.
Monitise names former Visa executive as co-CEO
(Reuters) - Monitise Plc has hired a former Visa Inc executive to co-run the company as it pursues a sevenfold increase in the number of customers using its mobile banking and payment systems.
Britain's Ofcom proposes further cuts in mobile phone charges
LONDON (Reuters) - British telecoms regulator Ofcom on Wednesday proposed further cuts in mobile termination rates - the charges operators impose to connect calls across networks - in a move that could lead to cheaper bills for consumers.
India likely to announce foreign investment in e-commerce next month-sources
MUMBAI/NEW DELHI (Reuters) - Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, four people with knowledge of the matter told Reuters.
Messaging app Line mulls U.S., Japan IPO, report says
(Reuters) - The popular messaging app, Line, owned by Asia's Naver Corp, is preparing an initial public offering in the United States and Tokyo as soon as November, Bloomberg reported Tuesday, citing people who were familiar with the matter.
AT&T raises full-year revenue outlook for second time
(Reuters) - AT&T Inc T.N raised its full-year revenue forecast for a second time, citing strong growth in its equipment installment plan even as its service revenue stagnated.
Rogers, Vodafone announce partner market deal
TORONTO (Reuters) - Rogers Communications Inc, Canada's biggest wireless company, and Vodafone Group PLC, the global telecoms group, announced a new market agreement on Tuesday to broaden the services they offer each other's customers.
Monitise names former Visa executive as co-CEO
(Reuters) - Mobile banking technology company Monitise Plc said it appointed Elizabeth Buse, a former Visa Inc executive, as co-chief executive with immediate effect.
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