Reuters: Technology News

Verizon sees revenue increase from shared plans

Wed, 16 May 2012 19:02:40 GMT

NEW YORK (Reuters) - Verizon Wireless should see an increase in data revenue after it offers new shared data plans this summer, according to a top executive for parent company Verizon Communications Inc.

Italy Microsoft head in pole for CEO position at RCS: sources

Wed, 16 May 2012 18:52:23 GMT

MILAN (Reuters) - Pietro Scott Jovane, CEO of the Italian unit of Microsoft, was in pole position to take over as chief executive of Italian media company RCS MediaGroup, two sources close to the matter said on Wednesday.

Huawei: EU contract plans may signal more curbs

Wed, 16 May 2012 18:41:00 GMT

BRUSSELS (Reuters) - China-based Huawei criticized on Wednesday proposals by the European Union to block non-EU companies from lucrative public contracts, saying such a move may pave the way for more restrictions on doing business in the bloc.

Google revamps U.S. search

Wed, 16 May 2012 18:36:43 GMT

SAN FRANCISCO (Reuters) - Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said.

Facebook boosts IPO size by 25 percent, could top $16 billion

Wed, 16 May 2012 17:49:13 GMT

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money.

Facebook IPO triggers retail investor craze

Wed, 16 May 2012 17:05:08 GMT

SAN FRANCISCO (Reuters) - If "Facebook For Dummies" helped you find friends and post pictures on the world's No. 1 online social network, then consider "Facebook IPO Confidential" which purports to teach you "How To Get Rich With The IPO Of The Century."

Facebook IPO triggers retail investor craze

Wed, 16 May 2012 17:05:05 GMT

Apple readies iPhone with bigger screen: sources

Wed, 16 May 2012 16:40:34 GMT

TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday.

Google to meet French regulator on privacy policy

Wed, 16 May 2012 16:09:30 GMT

PARIS (Reuters) - Google will meet with France's data protection watchdog next week to answer questions about its new user privacy policy as part of a Europe-wide investigation being led by the French regulator.

Analysis: Key to Universal-EMI decision: Has music business lost control?

Wed, 16 May 2012 14:54:25 GMT

WASHINGTON (Reuters) - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry.

Corrected: Senator seeks expanded visas for foreign high-tech workers

Wed, 16 May 2012 13:25:52 GMT

WASHINGTON (Reuters) - A leading Republican in the U.S. Senate on Tuesday unveiled legislation to raise the number of permanent visas for skilled technical workers from foreign countries, but prospects of passage this year could be clouded by election-year politics.

Companies less wary of personal devices at work-Cisco

Wed, 16 May 2012 12:29:28 GMT

(Reuters) - Corporate IT departments in the United States are becoming less wary of staff bringing their personal devices to work, a Cisco study showed, although security remains a top concern.

Facebook boosts IPO size by 25 percent, could top $16 billion

Wed, 16 May 2012 12:13:17 GMT

Analysis: Key to Universal-EMI decision: Has music business lost control?

Wed, 16 May 2012 11:21:26 GMT

GM to drop Facebook ads due to low consumer impact

Wed, 16 May 2012 10:51:24 GMT

DETROIT/SAN FRANCISCO (Reuters) - General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website prepares to go public, with a source familiar with the matter saying the automaker had decided Facebook's ads had little impact on consumers.

Sina results beat view, warns Weibo to eat into second quarter

Wed, 16 May 2012 09:44:08 GMT

(Reuters) - Sina Corp sounded a bearish note for the coming quarters, warning that further losses may lie ahead because of increased investment into its microblogging platform Weibo, China's version of Twitter.

Samsung loses $10 billion market value on Apple order report

Wed, 16 May 2012 08:59:56 GMT

SEOUL (Reuters) - Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant's market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida.

Samsung loses $10 billion market value on Apple order report

Wed, 16 May 2012 08:49:42 GMT

Mobile sales dip as China buyers hold off: Gartner

Wed, 16 May 2012 08:45:58 GMT

HELSINKI (Reuters) - Global sales of mobile phones fell 2 percent in January-March after ten straight quarters of growth, as Chinese buyers held back in anticipation of new models and economic uncertainties weighed on developed markets, research firm Gartner said.

HTC shares tumble as patent case delays U.S. sales

Wed, 16 May 2012 06:55:08 GMT

TAIPEI (Reuters) - U.S. sales of two new smartphones from Taiwan's HTC Corp will be delayed due to a patent dispute with Apple Inc, a fresh blow to the company as it tries to turn around declining sales in what was once its largest market.

IBM helps oil companies manage gusher of data

Wed, 16 May 2012 05:33:48 GMT

HOUSTON/NEW YORK (Reuters) - IBM thinks it can make geologists and engineers more effective at mining the fast-growing wealth of data on everything from oil reservoirs to refineries to help them find, extract and process oil.

China Mobile in talks with Apple for iPhone

Wed, 16 May 2012 05:22:42 GMT

HONG KONG (Reuters) - China Mobile, the world's biggest telecom carrier by subscribers, said on Wednesday it is negotiating with Apple Inc to carry the popular iPhone in China.

GM to drop Facebook ads due to low consumer impact

Wed, 16 May 2012 03:47:13 GMT

Virgin Atlantic rolls out in-flight cellphone service

Wed, 16 May 2012 03:17:47 GMT

(Reuters) - Some passengers on Virgin Atlantic flights can now call home from the air.

CIBC hopes to steal clients with "mobile wallets"

Tue, 15 May 2012 23:36:35 GMT

TORONTO (Reuters) - Canadian Imperial Bank of Commerce is hoping its deal with Rogers Communications to allow customers to pay for purchases with smartphones will help it steal clients from banking rivals who must now rush to match the offering.