TECHNOLOGY News, Jul 21, 2011

Nokia set for Q2 loss on fresh smartphone pain Wed,20 Jul 2011 10:18 PM PDT Reuters - HELSINKI (Reuters) - Investors braced for more bleak news from smartphone laggard Nokia Oyj on Thursday with the world's largest handset maker likely to post a second-quarter loss and a weak outlook. Full Story

Analysis: Apple guns for Exxon as king of stocks Wed,20 Jul 2011 09:25 PM PDT Reuters - SAN FRANCISCO (Reuters) - Apple Inc is within sight of catching up with Exxon Mobil as the most valuable company in the world. Full Story

EBay's PayPal going offline, targets big retailers Wed,20 Jul 2011 04:56 PM PDT Reuters - SAN FRANCISCO (Reuters) - EBay Inc's PayPal business has become one of the largest online payment systems, but its now heading offline, Chief Executive John Donahoe said in the wake of the e-commerce company's    quarterly results on Wednesday. Full Story

Nokia set for fresh smartphone pain Wed,20 Jul 2011 04:44 PM PDT Reuters - HELSINKI (Reuters) - Investors braced for more bleak news from smartphone laggard Nokia Oyj on Thursday with the world's largest handset maker likely to post a second-quarter loss and a weak outlook. Full Story

Google to "wind down" Google Labs Wed,20 Jul 2011 04:39 PM PDT Reuters - SAN FRANCISCO (Reuters) - Google Inc will shut down a website that offered public access to experimental products, the latest step by the company to refocus resources under Chief Executive Larry Page. Full Story

Zillow's stellar debut raises dotcom bubble fear Wed,20 Jul 2011 03:44 PM PDT Reuters - LOS ANGELES/BANGALORE (Reuters) - Shares of real estate site Zillow Inc skyrocketed in their market debut on Wednesday, the latest to ride a wave of dotcom exuberance while stoking fears of lofty Internet valuations. Full Story

Twitter working on $800 million funding deal: report Wed,20 Jul 2011 03:04 PM PDT Reuters - SAN FRANCISCO (Reuters) - Microblogging service Twitter is working on an $800 million funding deal that values the company at $8 billion, the website All Things D reported.Full Story

Exclusive: Google offers credit card to advertisers Wed,20 Jul 2011 02:24 PM PDT Reuters - SAN FRANCISCO (Reuters) - Google Inc is introducing a credit card for its advertising customers, offering its clients a credit line to try and drum up business as competition in the online ad market heats up. Full Story

Competition pushing rates down for cyberinsurance Wed,20 Jul 2011 01:35 PM PDT Reuters - NEW YORK (Reuters) - Rates for cybersecurity insurance edged lower in the last few months despite surging demand, as heavy competition brewed among insurers rushing into the market in search of the next profitable product, insurance brokers Marsh said on Wednesday. Full    Story

Analysis: Dell challenges Cisco with networking deal Wed,20 Jul 2011 01:28 PM PDT Reuters - NEW YORK (Reuters) - Dell Inc's deal on Wednesday to buy Force10 Networks will give the world's second-largest computer maker inroads into Cisco Systems Inc's turf -- networking. Full Story

Full Story

Police to begin iPhone iris scans amid privacy concerns Wed,20 Jul 2011 11:59 AM PDT Reuters - CONWAY, Mass (Reuters) - Dozens of police departments nationwide are gearing up to use a tech company's already controversial iris- and facial-scanning device that slides over an iPhone and helps identify a person or track criminal suspects. Full Story

Senator Kohl says AT&T deal should be blocked Wed,20 Jul 2011 11:32 AM PDT Reuters - WASHINGTON (Reuters) - Senator Herb Kohl, chair of the U.S. Senate's antitrust subcommittee, urged reviewing agencies to block AT&T's deal to buy T-Mobile. Full Story

Verizon COO expects AT&T/T-Mobile deal approval Wed,20 Jul 2011 11:32 AM PDT Reuters - NEW YORK (Reuters) - The next head of Verizon Communications expects U.S. regulators to approve rival AT&T Inc's proposed $39 billion purchase of T-Mobile USA due to the company's need for more wireless airwaves. Full Story

Zillow blazes in market debut, skeptics abound Wed,20 Jul 2011 10:27 AM PDT Reuters - BANGALORE (Reuters) - Shares of real estate and housing data company Zillow Inc tripled in value on their debut, after pricing above their expected range, as investors buoyed by a wave of successful internet IPOs shrugged off its ties to a weak housing market. Full Story

info@als-alexander.com or interalex1@yahoo.com