Reuters: Technology News

Apple to argue for tax reform, defend tax practices on Tuesday

Mon, 20 May 2013 21:05:29 GMT

SAN FRANCISCO (Reuters) - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices.

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

Mon, 20 May 2013 18:32:15 GMT

SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.

Britain's Cameron tells Google and others to play fair on tax

Mon, 20 May 2013 18:08:54 GMT

LONDON (Reuters) - British Prime Minister David Cameron on Monday told Google's Executive Chairman Eric Schmidt and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates.

Online takeout companies GrubHub and Seamless to merge

Mon, 20 May 2013 17:43:10 GMT

SAN FRANCISCO (Reuters) - Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms.

Former Nokia software team unveils its first smartphone

Mon, 20 May 2013 15:32:44 GMT

HELSINKI (Reuters) - A group of ex-Nokia software developers unveiled its first smartphone on Monday, aiming to prove their former employer wrong by making a success of a technology dropped by the Finnish mobile phone maker.

Shakespeare's sonnets come to life in new app

Mon, 20 May 2013 15:23:09 GMT

TORONTO (Reuters) - A new app launched on Monday aims to bring William Shakespeare's sonnets to the masses with the help of short films starring stage actors performing them in front of New York landmarks.

Dell says cannot disclose more information to Icahn yet

Mon, 20 May 2013 11:49:42 GMT

(Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's.

New Xbox more than a game console for Microsoft

Mon, 20 May 2013 11:30:27 GMT

SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.

China trying to manage exposure of corruption online

Mon, 20 May 2013 11:29:19 GMT

BEIJING (Reuters) - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses.

Infosys to challenge latest tax demand of $105.3 million

Mon, 20 May 2013 04:47:46 GMT

BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.

Yahoo's board approves $1.1 billion Tumblr acquisition: WSJ

Sun, 19 May 2013 20:36:07 GMT

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.

New Xbox more than a game console for Microsoft

Sat, 18 May 2013 15:17:12 GMT

Google's wearable Glass gadget: cool or creepy?

Sat, 18 May 2013 15:16:35 GMT

SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, which some attendees faithfully wore everywhere - including to the crowded bathrooms.

Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

Sat, 18 May 2013 07:25:43 GMT

NEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD

Sat, 18 May 2013 01:09:16 GMT

SAN FRANCISCO (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on Friday.

DirecTV interested in buying video website Hulu: source

Fri, 17 May 2013 21:08:41 GMT

(Reuters) - The largest U.S. satellite video provider, DirecTV, is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation.

Syria government supporters hack Financial Times

Fri, 17 May 2013 20:59:32 GMT

(Reuters) - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify.

Plaintiffs in Mexico Yahoo case say will appeal court ruling

Fri, 17 May 2013 20:50:33 GMT

MEXICO CITY (Reuters) - Two Mexican firms embroiled in a contractual dispute with Yahoo Inc will appeal a court ruling that overturned an earlier $2.75 billion judgment in their favor, a director of the companies said on Friday.

All eyes on Vodafone's Colao for signs on Verizon

Fri, 17 May 2013 20:25:12 GMT

LONDON (Reuters) - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.

FCC nominee Wheeler will divest holdings if confirmed

Fri, 17 May 2013 20:11:31 GMT

WASHINGTON (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

Sanyo may cease to exist under Panasonic reorganization: Nikkei

Fri, 17 May 2013 19:21:50 GMT

(Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.

Sony to name Chugai Pharma's CEO as chairman: Nikkei

Fri, 17 May 2013 19:00:25 GMT

(Reuters) - Sony Corp plans to appoint Chugai Pharmaceutical Co Chief Executive Osamu Nagayama as chairman, the Nikkei reported.

Yahoo Japan suspects 22 million user IDs leaked: Kyodo

Fri, 17 May 2013 18:23:56 GMT

(Reuters) - Yahoo Japan Corp said on Friday night it suspected that up to 22 million of its user IDs may have been "leaked" and it detected an unauthorized attempt to access the administrative system of its web portal Yahoo Japan, the Kyodo news agency reported.

Tableau Software shares soar in NYSE debut

Fri, 17 May 2013 17:00:10 GMT

(Reuters) - Shares of Tableau Software Inc rose as much as 58 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.

U.S. authorities seize accounts of major Bitcoin operator

Fri, 17 May 2013 16:34:38 GMT

ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U.S. dollars at a time when use of the currency and its value has mushroomed.