Reuters: Technology

REFILE-UPDATE 2-Stockholm calmer but violence spreads outside Swedish capital

Sat, 25 May 2013 00:32:59 GMT

STOCKHOLM, May 24 (Reuters) - A nearly week-long spate of rioting spread outside Stockholm on Friday but authorities said police reinforcements sent to the Swedish capital had reduced the violence there, even though dozens of youths set cars and a recycling station ablaze.

CORRECTED-Tiger Global invests $50 million in Automattic's WordPress.com

Fri, 24 May 2013 22:01:20 GMT

(Corrects to "automattic" from "wordpress" in second paragraph, name to "Rizvi Traverse" in sixth paragraph, and spelling of name to Mullenweg from Mullen in seventh paragraph)

UPDATE 2-U.S. senator urges 'extreme caution' on SoftBank -Sprint deal

Fri, 24 May 2013 21:48:30 GMT

WASHINGTON, May 24 (Reuters) - An influential U.S. senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose the United States to Chinese cyber attacks.

Google to bankroll, build wireless networks across Africa -WSJ

Fri, 24 May 2013 21:41:08 GMT

May 24 (Reuters) - Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on Friday.

Visa, Mastercard ask U.S. court to declare card fees are lawful

Fri, 24 May 2013 21:37:33 GMT

NEW YORK, May 24 (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.

UPDATE 2-Egyptian tycoon to buy MTS fiber network in new Canada push

Fri, 24 May 2013 21:08:55 GMT

TORONTO, May 24 (Reuters) - Manitoba Telecom Services Inc will sell its Allstream fiber optic network to a company controlled by telecom tycoon Naguib Sawiris for C$520 million (US$503 million), a deal that signals the Egyptian magnate is still keen on Canada.

Louisiana to push ahead with paying private firms to teach kids

Fri, 24 May 2013 20:25:11 GMT

May 24 (Reuters) - Louisiana's schools chief vowed on Friday to push ahead with a plan to let students take classes from private firms and nonprofits at taxpayers' expense, despite a legal setback and objections from some educators.

Deals of the day -- mergers and acquisitions

Fri, 24 May 2013 20:07:18 GMT

May 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

UPDATE 1-Yahoo joins growing list of bidders for Hulu -sources

Fri, 24 May 2013 20:05:43 GMT

LOS ANGELES/NEW YORK, May 24 (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday.

Yahoo joins growing list of bidders for Hulu -sources

Fri, 24 May 2013 18:55:31 GMT

LOS ANGELES, May 24 (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday.

Unhappy with how your fave series is faring? Amazon gives you a say

Fri, 24 May 2013 18:35:55 GMT

SAN FRANCISCO, May 24 (Reuters) - Amazon is once again shaking up traditional publishing models. This time, it's giving fans a chance to add their own personal touches to their favorite fiction - and get paid in the process.

Google eyes Waze as Facebook circles hot Web maps property

Fri, 24 May 2013 18:18:49 GMT

ADR REPORT-ADRs fall as stimulus worry remains

Fri, 24 May 2013 17:22:57 GMT

NEW YORK, May 24 (Reuters) - U.S.-listed shares of foreign companies declined on Friday, on track for their fourth straight decline, on concerns a tapering program of stimulus measures by the U.S. Federal Reserve may be on the horizon.

ITV News Twitter account hacked by Syrian Electronic Army

Fri, 24 May 2013 16:02:22 GMT

LONDON, May 24 (Reuters) - British broadcaster ITV on Friday became the latest media outlet to have one of its Twitter feeds hacked by anonymous supporters of Syria's President Bashar al-Assad, just days after Twitter beefed up security to prevent such attacks.

U.S. senator urges "extreme caution" on Softbank-Sprint deal

Fri, 24 May 2013 15:39:13 GMT

WASHINGTON, May 24 (Reuters) - An influential U.S. senator on Friday expressed strong concerns about Japanese company Softbank Corp's plan to buy 70 percent of Sprint Nextel, the No. 3 mobile service provider, warning it could expose the United States to more Chinese cyber attacks.

UPDATE 1-Stretched by riots, Swedish police call reinforcements

Fri, 24 May 2013 15:00:09 GMT

STOCKHOLM, May 24 (Reuters) - Police in Stockholm called in reinforcements on Friday after youths set cars and a school ablaze in a fifth night of rioting, the worst to hit Sweden for years.

UPDATE 1-SAP revamps management to focus on cloud computing

Fri, 24 May 2013 14:30:34 GMT

* Names board member Oswald to oversee HANA Enterprise Cloud

China solar companies shun home market in pursuit of margins

Fri, 24 May 2013 13:52:21 GMT

* Panel makers boost shipments to Japan and emerging economies

Manitoba Telecom to sell fiber optic network to Accelero

Fri, 24 May 2013 12:51:48 GMT

TORONTO, May 24 (Reuters) - Manitoba Telecom Services Inc said on Friday it has struck a deal to sell its Allstream business, a fiber optic network stretching across Canada, to Accelero Capital Holdings for C$520 million ($502.8 million), including debt assumed by the buyer.

SAP says cloud computing specialist Dalgaard to leave

Fri, 24 May 2013 12:43:36 GMT

FRANKFURT, May 24 (Reuters) - German business software maker SAP said on Friday that Lars Dalgaard, who had widely been expected to lead its cloud computing business, was leaving.

CORRECTED-Dish and nTelos to jointly develop broadband service

Fri, 24 May 2013 12:40:31 GMT

(Corrects paragraph 5 to say Dish is in takeover battles for, not with, Sprint Nextel and Clearwire)

CANADA STOCKS-TSX may open lower on fears of less Fed stimulus

Fri, 24 May 2013 12:26:29 GMT

May 24 (Reuters) - Canada's main stock index looked set to open lower on Friday as better-than-expected German economic data was overshadowed by fears that the U.S. Federal Reserve is considering an early decrease of its $85 billion monetary stimulus program.

RPT-UPDATE 1-Obama seeks end to perpetual U.S. 'war on terror'

Fri, 24 May 2013 12:11:51 GMT

WASHINGTON, May 24 (Reuters) - Twelve years after the "war on terror" began, President Barack Obama wants to pull the United States back from some of the most controversial aspects of its global fight against Islamist militants.

COLUMN-Three reasons why the golden age of dividends is dawning

Fri, 24 May 2013 11:59:59 GMT

CHICAGO, May 24(Reuters) - The golden days of summer might also brighten the portfolios of dividend lovers.

SNAPSHOT-India stocks, bonds, rupee, swaps, call at close

Fri, 24 May 2013 11:53:42 GMT

STOCKS ----------------------- India's main BSE index inches up 0.15 percent while the broader NSE index gains 0.28 percent, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips such as Larsen & Toubro recovered. GOVERNMENT BONDS -------------------------------- The old 10-year bond yield down 4 basis points (bps) at 7.34 percent, while the new 10-year paper down 4 bps at 7.11 perce