 NEW YORK (Reuters) - Renren Inc was hyped as the "Facebook" ofChina, a company that had access to the world's largest Internet market, and a good way to ride the buzz surrounding social media IPOs -- but investors who believed the story are nursing big wounds. |
| Hackers target Brazilian statistics agency Fri,24 Jun 2011 03:54 PM PDT Reuters - RIO DE JANEIRO (Reuters) - Hackers broke into the website of Brazil's statistics agency on Friday, the latest in a series of attacks on the South American nation's government sites. Full Story1 | |
| Foursquare raises $50 million in new round Fri,24 Jun 2011 03:06 PM PDT Reuters - NEW YORK (Reuters) - Mobile location based start-up Foursquare raised $50 million in a round of financing lead by venture capital firm Andreessen Horowitz, the company said on Friday. Full Story1 | |
| Kleiner Perkins weighing fund targeting the cloud Fri,24 Jun 2011 12:43 PM PDT Reuters - SAN FRANCISCO (Reuters) - Top venture-capital firm Kleiner Perkins Caufield & Byers is considering creating a specialized fund that focuses on cloud-based technologies.Full Story1 | |
| Hackers attack Electronic Arts website Fri,24 Jun 2011 11:38 AM PDT Reuters - NEW YORK (Reuters) - Cyber hackers have breached an Electronic Arts Incwebsite and may have taken user information such as birth dates, phone numbers and mailing addresses, the company said on its website on Friday. Full Story1 | |
 TORONTO (Reuters) - Shareholders in Research In Motion should vote to split the roles of chief executive and chairman of the board at the BlackBerry maker's annual meeting next month, proxy advisory firm Glass Lewis said on Friday. | |
| Factbox: Key legal battles in wireless industry Fri,24 Jun 2011 10:37 AM PDT Reuters - (Reuters) - The mobile telecoms industry has seen a wave of legal battles in recent years as long-established incumbents try to protect their position against newcomers like Google, the front-runner with a $900 million offer in an auction for Nortel's massive patent portfolio. Full Story1 | |
 NEW YORK (Reuters) - Private equity firms KKR and Silver Lake are in talks to buy Internet domain site GoDaddy.com and a deal could be more than $2 billion, two sources familiar with the matter said on Friday. | |
 NEW YORK (Reuters) - Should Finland, Nokia's home base, take some of the blame for the one-time market leader's recent struggles to compete in smartphones? | |
 BOSTON (Reuters) - Children as young as eight years old are invited to Las Vegas this summer to learn that it's cool to be a hacker -- provided they don't cheat, steal or commit other crimes. | |
| Instant view: Oracle shares drop after earnings report Thu,23 Jun 2011 03:08 PM PDT Reuters - NEW YORK (Reuters) - Oracle Corp reported better-than-expected quarterly earnings on Thursday, but that failed to calm investor fears that spending on technology software and hardware could be in jeopardy. Full Story1 | |
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| Viacom sues Cablevision over iPad streaming Thu,23 Jun 2011 12:46 PM PDT Reuters - NEW YORK (Reuters) - Viacom Inc sued Cablevision Systems Corp to halt what it called the unauthorized streaming of its programing on devices such as Apple Inc's iPad.Full Story1 | |
 NEW YORK (Reuters) - A computer hacker pleaded guilty to helping write malicious code that let him breach AT&T Inc servers and steal personal data belonging to 120,000 Apple Inc iPad subscribers, U.S. prosecutors said. | |
| GPS worry prompts call for more LightSquared tests Thu,23 Jun 2011 12:14 PM PDT Reuters - WASHINGTON (Reuters) - U.S. government officials called for more testing of hedge fund manager Philip Falcone's satellite broadband start-up to address interference issues with global positioning systems, but showed interest in finding a solution rather than shutting the venture down. Full Story1 |
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