TECHNOLOGY News, Jun 29, 2011

Japan mobile gaming firm Gree targets 1 billion users
Tue,28 Jun 2011 11:14 PM PDT
Reuters - TOKYO (Reuters) - Japanese mobile social gaming firm Gree will aim for 500 million to a billion users worldwide, rivaling Facebook, the company's founder and chief executive said on Wednesday. Full Story1 Top

HP to develop cloud products in China Tue,28 Jun 2011 10:20 PM PDT Reuters - BEIJING (Reuters) - Hewlett-Packard Co, the world's No.1 PC maker, plans to develop cloud computing products in China to sell globally, Chief Executive Leo Apotheker said on Wednesday, as global tech companies eagerly tap the booming Chinese market. Full Story1

Social networking browser backed by Khosla, Accel Tue,28 Jun 2011 09:24 PM PDT Reuters - SAN FRANCISCO (Reuters) - RockMelt, a Web browser that integrates Facebook and other social media, reeled in two more Silicon Valley heavy hitters in a new $30 million round of financing. Full Story1

AU Optronics hits Samsung with patent countersuit Tue,28 Jun 2011 06:49 PM PDT Reuters - TAIPEI/WILMINGTON (Reuters) - AU Optronics Corp of Taiwan hit Korea's Samsung Electronics Co Ltd with a countersuit for patent infringement, ratcheting up their dispute over flat-panel technology. Full Story1

Twitter founders return to roots, relaunch Obvious Tue,28 Jun 2011 05:43 PM PDT Reuters - ASPEN, Co. (Reuters) - Twitter co-founders Biz Stone and Evan Williams plan to revive Obvious, the company they conceived years ago as a technology project incubator that eventually spawned Twitter. Full Story1

Groupon says India unit security breached Tue,28 Jun 2011 04:11 PM PDT Reuters - NEW YORK (Reuters) - Groupon Inc, the largest online daily deal company, said on Tuesday that the security of its Indian business SoSasta was breached. Full Story1

Cyber attack on Gannett targets U.S. soldiers Tue,28 Jun 2011 03:37 PM PDT Reuters - BOSTON (Reuters) - Hackers broke into a Gannett Co database containing personal information about subscribers to publications read by U.S. government officials, military leaders and rank-and-file soldiers, the media company said on Tuesday. Full Story1

Hackers stole $2.7 million from Citi Tue,28 Jun 2011 03:03 PM PDT Reuters - (Reuters) - Citigroup, the third-largest U.S. bank by assets, has told government officials that about 3,400 of the customers whose credit-card information was hacked have suffered about $2.7 million in losses, the Wall Street Journal reported. Full Story1

Google taps former Microsoft prosecutor amid probe Tue,28 Jun 2011 02:48 PM PDT Reuters - SAN FRANCISCO (Reuters) - As Google tries to fend off a U.S. probe of its multibillion-dollar search business, it has been quietly adding to its stable of antitrust advisers, which, Reuters has learned, includes a former Microsoft prosecutor. Full Story1

Twitter founders return to roots, relaunch Obvious Tue,28 Jun 2011 02:42 PM PDT Reuters - ASPEN, Co (Reuters) - Twitter co-founders Biz Stone and Evan Williams plan to revive Obvious, the company they conceived years ago as a technology project incubator that eventually spawned Twitter. Full Story1

AU Optronics hits Samsung with patent countersuit Tue,28 Jun 2011 02:23 PM PDT Reuters - WILMINGTON, Delaware (Reuters) - AU Optronics Corp of Taiwan hit Korea's Samsung Electronics Co Ltd with a countersuit for patent infringement, ratcheting up their dispute over flat panel technology. Full Story1

News Corp close to selling Myspace: source Tue,28 Jun 2011 11:28 AM PDT Reuters - NEW YORK (Reuters) - News Corp is expected to sell the troubled social media site Myspace in the next two days, according to a source familiar with the situation. Full Story1

Google boasts 500,000 Android activations per day Tue,28 Jun 2011 11:14 AM PDT Reuters - NEW YORK (Reuters) - Consumers are activating more than half a million Android devices every day, an increase of about 25 percent from early May, according to Andy Rubin, who heads Google Inc's Android software business. Full Story1

Toys R Us sees Web sales growing significantly Tue,28 Jun 2011 10:48 AM PDT Reuters - NEW YORK (Reuters) - Toys R Us, the world's largest toy retailer, sees online sales at least doubling in the next five years, its chief executive said. Full Story1

U.S. urges banks to tighten online fraud protections Tue,28 Jun 2011 10:08 AM PDT Reuters - WASHINGTON (Reuters) - Bank regulators warned banks to be on guard against increasingly clever computer hacking on Tuesday, indicating heightened alert against security breaches that have plagued government and corporate institutions in recent weeks. Full Story1

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