Today: TECHNOLOGY News, Jun 27, 2011

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Jun 27, 2011

TECHNOLOGY News, Jun 27, 2011

Analysis: Tencent in steep climb to be China's Facebook, Twitter
Sun,26 Jun 2011 10:25 PM PDT
Reuters - HONG KONG (Reuters) - Tencent Holdings Ltd, the world's third largest Internet firm, aims to be China's Facebook, Twitter and Google -- all rolled into one. Full Story1

Has Renren suffered enough from China stocks phobia?
Sun,26 Jun 2011 10:13 AM PDT
Reuters -
photoNEW 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.

Forces attack al Qaeda camp in Mali: source
Sat,25 Jun 2011 09:01 AM PDT
Reuters - BAMAKO (Reuters) - A joint force of Mauritanian and Malian soldiers clashed with fighters from al Qaeda's African wing in western Mali late Friday, Malian military and defense sources said Saturday. Full Story1


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

Proxy advisor urges RIM CEO/chairman roles be split
Fri,24 Jun 2011 11:28 AM PDT
Reuters -
photoTORONTO (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

KKR, Silver Lake in talks for GoDaddy.com: sources
Fri,24 Jun 2011 08:02 AM PDT
Reuters -
photoNEW 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.

Slow Finnish phone sales may explain Nokia's woes
Fri,24 Jun 2011 07:23 AM PDT
Reuters -
photoNEW 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?

Exclusive: Forget Spy Kids, try kiddie hacker conference
Thu,23 Jun 2011 06:26 PM PDT
Reuters -
photoBOSTON (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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