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Jul 11, 2011

TECHNOLOGY News, Jul 11, 2011

Social gaming firm DeNA to seek acquisitions in Europe, Asia
Sun,10 Jul 2011 11:39 PM PDT
Reuters - TOKYO (Reuters) - Japanese mobile social gaming firm DeNA will seek to expand by buying more game developers, its new chief executive, Isao Moriyasu, said in an interview on Monday. Full Story1
 
Elpida to raise $990 million for new chips
Sun,10 Jul 2011 11:06 PM PDT
Reuters -
photoTOKYO (Reuters) - Elpida Memory Inc, the world's No.3 maker of DRAM memory chips, plans to raise nearly 80 billion yen ($992 million) through new shares and convertible bonds, as it shifts production to more profitable smartphone chips.

Exclusive: WikiLeaks loses Icelandic financial lifeline
Fri,8 Jul 2011 02:18 PM PDT
Reuters -
photoNEW YORK (Reuters) - WikiLeaks founder Julian Assange has lost a financial lifeline. Since December, bans by the world's major credit card networks, it has been difficult for supporters of the controversial whistleblower to send him donations. But this week, WikiLeaks gained a brief respite with the unwitting help of an Icelandic bank.

U.S. Internet providers to act against online pirates
Fri,8 Jul 2011 10:22 AM PDT
Reuters -
photoLOS ANGELES (Reuters) - Consumers who illegally download copyrighted films, music or television shows might see their Internet speed slowed or access restricted under an industry anti-piracy effort announced on Thursday.

At chipmaker trial, investors play Rambus roulette
Fri,8 Jul 2011 10:02 AM PDT
Reuters - SAN FRANCISCO (Reuters) - Chun Ming has spent the past two weeks in a cramped San Francisco courtroom, sending notes from his laptop to a tight-knit group of investors glued to a $4 billion antitrust battle involving some of the world's biggest chipmakers. Full Story1

Baidu realigns business lines, senior exec to leave
Fri,8 Jul 2011 01:46 AM PDT
Reuters - SHANGHAI (Reuters) - China's Baidu Inc announced on Friday a major restructuring of its business lines and said Shen Haoyu, its senior vice president of business operations will leave for personal reasons. Full Story1

Google's Schmidt sees room for several social networks
Thu,7 Jul 2011 08:02 PM PDT
Reuters -
photoSUN VALLEY, Idaho, July 7 (Reuters) - Google Inc is leaving open the door to more co-operation with social-media giants Facebook and Twitter, and believes there is room for multiple social networks as it rolls out its own, executive chairman Eric Schmidt said.

Twitter security lags some other sites: experts
Thu,7 Jul 2011 06:07 PM PDT
Reuters -
photoBOSTON/NEW YORK (Reuters) - The fast-growing microblogging site Twitter has fallen behind some other Internet services in introducing tools to help secure the accounts of users, security experts say.

Proxy firm unimpressed by RIM promise about board
Thu,7 Jul 2011 03:24 PM PDT
Reuters -
photoTORONTO (Reuters) - Proxy firm Glass Lewis was left unimpressed by Research In Motion Ltd's promise to study board changes while avoiding an imminent shareholder vote on the matter.

Cell phones, devices biggest driving distractions
Thu,7 Jul 2011 01:21 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Driving distractions, primarily by cell phones and other electronic devices, are associated with up to 25 percent of U.S. car crashes, according to a report released on Thursday.

RIM says adds 1 million EMEA subscribers in 3 weeks
Thu,7 Jul 2011 12:32 PM PDT
Reuters -
photoTORONTO (Reuters) - BlackBerry maker Research In Motion said on Thursday it has added more than one million subscribers in Europe, the Middle East and Africa in less than three weeks.

Canada eyes Nortel patent sale review: minister
Thu,7 Jul 2011 12:30 PM PDT
Reuters -
photoOTTAWA (Reuters) - Canadian Industry Minister Christian Paradissaid on Thursday that officials in his office are studying whether to formally review a sale of Nortel patents to ensure investment law was properly applied.

Court OKs TerreStar's $1.38 billion sale to Dish
Thu,7 Jul 2011 12:29 PM PDT
Reuters -
photoNEW YORK (Reuters) - A judge on Thursday approved TerreStar Networks Inc's proposed $1.375 billion sale to Dish Network Corp, pushing the satellite communications company a major step closer to emerging from a 9-month stint in bankruptcy.

James Murdoch defends executive Brooks
Thu,7 Jul 2011 12:03 PM PDT
Reuters - LONDON, Jul (Reuters) - News International Chairman James Murdoch said on Thursday he regretted the phone-hacking scandal that has led to the closure of the News of the World tabloid and defended his chief executive Rebekah Brooks, a former editor of the paper. Full Story1

DragonWave hopes India can offset Clearwire woes
Thu,7 Jul 2011 10:25 AM PDT
Reuters - TORONTO (Reuters) - DragonWave, a Canadian supplier of microwave technology for telecoms companies, is pinning its hopes on growth in India to make up for a spending pullback at its main customer, U.S.-based Clearwire, that has left it reporting losses for three straight quarters. Full Story1


 

WORLD News, Jul 11, 2011

Syrian forces raid Homs, Hama; Assad starts dialogue
Sun,10 Jul 2011 11:26 PM PDT
Reuters - AMMAN (Reuters) - Syrian forces killed at least one civilian and injured 20 in Homs Monday during the heaviest raids on the city since troops deployed there two months ago to crush dissent against President Bashar al-Assad, residents said. Full Story1

Blast rips through Cyprus base, 8 killed
Sun,10 Jul 2011 11:24 PM PDT
Reuters - NICOSIA (Reuters) - A massive explosion ripped through a military base in southern Cyprus, witnesses said on Monday, with the official news agency reporting at least eight people dead. Full Story1

Japan idled reactors could restart after stress test
Sun,10 Jul 2011 10:01 PM PDT
Reuters - TOKYO (Reuters) - Japan's idled nuclear reactors could be turned on again if they pass the first stage of two-step post-Fukushima safety checks, the government said on Monday. Full Story1

Libyan rebels must talk to Gaddafi's government: France
Sun,10 Jul 2011 07:30 PM PDT
Reuters -
photoTRIPOLI (Reuters) - France's defense minister said it was time for Libya's rebels to negotiate with Muammar Gaddafi's government, signaling growing impatience with progress in the conflict.

Syrian forces raid central city of Homs, one killed
Sun,10 Jul 2011 07:26 PM PDT
Reuters - AMMAN (Reuters) - Syrian troops killed at least one civilian in overnight raids in the city of Homs, activists said on Monday, a day after the authorities held a "national dialogue" meeting boycotted by the opposition. Full Story1

NATO answers refugee boat's mayday off Libya
Sun,10 Jul 2011 04:13 PM PDT
Reuters - OVER THE MEDITERRANEAN SEA OFF LIBYA (Reuters) - NATO aircraft and a warship went to the aid of an overcrowded vessel in danger of sinking off the coast of Libya on Sunday with dozens of refugees aboard. Full Story1

Egyptian frustrations with army, government mount
Sun,10 Jul 2011 04:05 PM PDT
Reuters -
photoCAIRO (Reuters) - Egyptian activists vowed on Sunday to stay camped in Cairo's Tahrir Square, accusing the army rulers of failing to sweep out corruption, end the use of military courts and swiftly try those who killed protesters.

Over 100 missing after boat sinks in Russia's Volga
Sun,10 Jul 2011 03:16 PM PDT
Reuters -
photoKAZAN, Russia (Reuters) - More than 100 people were missing and feared drowned after a tourist boat sank in Russia's Volga river on Sunday, emergency services officials and survivors said.

Egypt state security officers protest dismissal of police
Sun,10 Jul 2011 02:44 PM PDT
Reuters - ISMAILIA, Egypt (Reuters) - State security officers in the Egyptian city of Ismailia staged a protest Sunday over the dismissal of policemen accused of killing demonstrators during a popular uprising. Full Story1

France tells Libya rebels to seek peace with Gaddafi
Sun,10 Jul 2011 02:24 PM PDT
Reuters -
photoTRIPOLI (Reuters) - A French minister said on Sunday it was time for Libya's rebels to negotiate with Muammar Gaddafi's government, but Washington said it stood firm in its belief that the Libyan leader cannot stay in power.

No let up in Moroccan protests for deeper reform
Sun,10 Jul 2011 02:12 PM PDT
Reuters - RABAT (Reuters) - Thousands of Moroccans staged protests on Sunday, the latest in a series of peaceful demonstrations by a youth-led movement to demand reforms that go beyond constitutional changes crafted by the palace. Full Story1

Colombia rebels kill 2 police, set off "horse bomb"
Sun,10 Jul 2011 02:09 PM PDT
Reuters - BOGOTA (Reuters) - Colombian rebels shot dead two policemen in one attack and wounded two soldiers with a horse packed with explosives in another Sunday as Bogota vowed to beef up security in a violence-hit southwestern state. Full Story1

France says time for political solution in Libya
Sun,10 Jul 2011 02:06 PM PDT
Reuters - PARIS (Reuters) - France appeared on Sunday to shift its position on the Libyan uprising, suggesting that there could be no military solution and that Muammar Gaddafi loyalists and Libyan rebels should begin direct negotiations. Full Story1

Egypt detains former minister over pesticides
Sun,10 Jul 2011 02:06 PM PDT
Reuters - CAIRO (Reuters) - An Egyptian investigating judge ordered a former agriculture minister detained for questioning over accusations that he allowed the import of cancer-causing pesticides, the state news agency MENA reported Sunday. Full Story1

Syrian opposition boycotts talks with government
Sun,10 Jul 2011 01:59 PM PDT
Reuters - BEIRUT (Reuters) - Syria's main opposition groups boycotted talks with the government on Sunday and said they will not negotiate till President Bashar al-Assad stops the violent crackdown and frees thousands of political prisoners. Full Story1

Chavez doesn't have colon cancer or need chemo, says ally
Sun,10 Jul 2011 01:50 PM PDT
Reuters -
photoCARACAS (Reuters) - Venezuelan President Hugo Chavez does not have colon cancer and does not currently need chemotherapy, his former vice president told Colombian media, without detailing Chavez's exact condition.

Blast in outskirts of Nigerian capital Abuja
Sun,10 Jul 2011 01:18 PM PDT
Reuters -
photoABUJA (Reuters) - An explosion in Suleja, a town on the outskirts of Nigeria's capital Abuja, seriously injured four people Sunday, the National Emergency Management Agency said.

Egypt Suez Canal working despite protests: agency
Sun,10 Jul 2011 11:56 AM PDT
Reuters - CAIRO (Reuters) - Egypt's Suez Canal is operating normally despite days of sit-ins and protests near the vital waterway, a Suez Canal Authority official told the state MENA news agency on Sunday. Full Story1

Interpol issues warrants for Hariri killing suspects
Sun,10 Jul 2011 11:47 AM PDT
Reuters -
photoBEIRUT (Reuters) - Interpol has circulated arrest warrants for four suspects in the 2005 assassination of Lebanese statesman Rafik al-Hariri, U.N.-backed tribunal said on Sunday.

Analysis: Sudan's smooth separation masks messy divorce
Sun,10 Jul 2011 11:23 AM PDT
Reuters -
photoJUBA/KHARTOUM (Reuters) - North and South Sudanese awoke in separate nations Sunday, relieved at the ease of the split but no closer to solving rows over borders, oil sharing and other issues that may yet spark conflict.

France summons Syrian envoy in Paris
Sun,10 Jul 2011 11:15 AM PDT
Reuters - PARIS (Reuters) - France said on Sunday it had summoned the Syrian ambassador in Paris after violent demonstrations outside its diplomatic residences in Aleppo and Damascus on Saturday. Full Story1

Eight dead in Yemen as U.S. envoy presses Saleh to go
Sun,10 Jul 2011 10:42 AM PDT
Reuters - SANAA (Reuters) - Eight people were killed in southern Yemen in two separate incidents on Sunday as U.S. President Barack Obama's top counterterrorism official met President Ali Abdullah Saleh to urge him to hand over power quickly. Full Story1

Murdoch exits London home with arm around Brooks
Sun,10 Jul 2011 10:40 AM PDT
Reuters -
photoLONDON (Reuters) - News Corp Chief Executive Rupert Murdoch exited his London home on Sunday with his arm around embattled newspaper chief Rebekah Brooks, and told Reuters that she was his first priority.

At least 26 killed in north India rail accident
Sun,10 Jul 2011 10:18 AM PDT
Reuters -
photoLUCKNOW, India (Reuters) - At least 26 people were killed and more than 150 injured in northern India when nearly a dozen coaches of a passenger train were derailed, officials said Sunday.

U.N. envoy talks to Libya about transition
Sun,10 Jul 2011 10:07 AM PDT
Reuters - UNITED NATIONS (Reuters) - The U.N.'s special envoy for Libya has held talks with Libya's prime minister and foreign minister, and raised ideas about managing a transition in the country, a statement from U.N. chief Ban Ki-moon's office said on Sunday.Full Story1

Blasts at Turkmen arms depot kill 15 people
Sun,10 Jul 2011 09:51 AM PDT
Reuters - ASHGABAT (Reuters) - Explosions killed 15 people at a military depot outside Turkmenistan's capital, Ashgabat, last week, a special government commission reported Sunday, breaking days of official silence. Full Story1

Ten decapitated bodies left in truck in Mexico: report
Sun,10 Jul 2011 09:36 AM PDT
Reuters - MEXICO CITY (Reuters) - Ten decapitated bodies were found in the northern Mexican city of Torreon in the country's latest grisly mass murder as drug gangs war over smuggling routes, Mexican newspapers reported on Sunday. Full Story1

South Sudan prays, fields soccer team after split
Sun,10 Jul 2011 09:28 AM PDT
Reuters -
photoJUBA (Reuters) - South Sudanese prayed for the prosperity of their new nation on Sunday and kicked off their first soccer match as an independent country after seceding from Sudan's north on Saturday.

Merkel signals ambitions to run for 3rd term in 2013
Sun,10 Jul 2011 09:09 AM PDT
Reuters -
photoBERLIN (Reuters) - Chancellor Angela Merkel signaled for the first time her intention to seek a third term in 2013, although a poll on Sunday showed Peer Steinbrueck of the main opposition party gaining more support from voters.

Germans say "Nein Danke!" to lower taxes
Sun,10 Jul 2011 09:09 AM PDT
Reuters - BERLIN (Reuters) - Germans are overwhelmingly opposed to tax cuts and want the government to focus on cutting debt rather than reducing taxes, according to an opinion poll published on Sunday. Full Story1

Egypt gas pipeline to Israel to be ready by week end
Sun,10 Jul 2011 08:56 AM PDT
Reuters - CAIRO (Reuters) - Repairs on an Egyptian pipeline supplying gas to Israel and Jordan are expected to be completed by the end of the week, the state's MENA news agency reported on Sunday. Full Story1

Five killed in clash in south Yemen: report
Sun,10 Jul 2011 08:27 AM PDT
Reuters -
photoSANAA (Reuters) - Four militants and one soldier were killed in a clash in southern Yemen Sunday.

Australia unveils sweeping carbon plan in climate fight
Sun,10 Jul 2011 08:26 AM PDT
Reuters -
photoCANBERRA (Reuters) - Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe.

Pakistan urges U.S. to share intelligence on Zawahri
Sun,10 Jul 2011 08:18 AM PDT
Reuters -
photoISLAMABAD (Reuters) - Pakistani called on the United States on Sunday to share information about new al Qaeda leader Ayman al-Zawahri after Defense Secretary Leon Panetta said he believed that Osama bin Laden's successor was in Pakistan.

Syria summons U.S. and French envoys over Hama visit
Sun,10 Jul 2011 07:00 AM PDT
Reuters - BEIRUT (Reuters) - Syria said it had summoned the envoys of the United States and France in Damascus on Sunday to express objection over their visit to the restive city of Hama last week without clearance from the authorities. Full Story1

Israel outlines maritime border in Lebanon dispute
Sun,10 Jul 2011 04:52 AM PDT
Reuters - JERUSALEM (Reuters) - Israel outlined maritime economic borders on Sunday that challenged what it said were boundaries submitted by Lebanon to the United Nations in a dispute fueled by massive Mediterranean gas finds. Full Story1

Pakistan urges U.S. to share intelligence on Zawahri
Sun,10 Jul 2011 04:48 AM PDT
Reuters - ISLAMABAD (Reuters) - Pakistani called on the United States on Sunday to share information about new al Qaeda leader Ayman al-Zawahri after U.S. Defense Secretary Leon Panetta said he believed that Osama bin Laden's successor was in Pakistan. Full Story1

U.N. rights boss in last-minute plea to Senegal on Habre
Sun,10 Jul 2011 04:32 AM PDT
Reuters - GENEVA (Reuters) - The top U.N. human rights official called on Senegal on Sunday not to extradite former Chadian President Hissene Habre to his homeland unless he is guaranteed to get a fair trial and not face torture or execution. Full Story1

Over 1,400 arrested, tear gas fired in Malaysia protest
Sun,10 Jul 2011 02:28 AM PDT
Reuters -
photoKUALA LUMPUR (Reuters) - Malaysian police fired repeated rounds of tear gas and detained over 1,400 people in the capital on Saturday as thousands of activists evaded roadblocks and barbed wire to hold a street protest against Prime Minister Najib Razak's government.

Scenarios: What next for Malaysian PM after anti-govt rally?
Sun,10 Jul 2011 02:28 AM PDT
Reuters - KUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak will likely hold off on calling a snap election any time soon and rethink tough economic reforms to consolidate support after a rare anti-government protest highlighted the opposition's growing strength. Full Story1

BUSINESS News, Jul 11, 2011

British government lawyers look to block BSkyB bid: report
Sun,10 Jul 2011 11:45 PM PDT
Reuters -
photoLONDON (Reuters) - British government lawyers are drawing up plans to block Rupert Murdoch's bid to buy out the broadcaster BSkyB, the Independent newspaper said on Monday -- a move that could spare Prime Minister David Cameron a potentially damaging parliamentary vote.
Saudi prince says no change in News Corp investment
Sun,10 Jul 2011 11:17 PM PDT
Reuters - DUBAI (Reuters) - Saudi billionaire Prince Alwaleed bin Talal said on Sundaythere would be no change in his Kingdom Holding's investment in News Corp. Full Story1
News Corp's Rebekah Brooks arrives at Murdoch's London flat
Sun,10 Jul 2011 11:17 PM PDT
Reuters - LONDON (Reuters) - Rebekah Brooks, the chief executive of News Corp's crisis-hit British newspaper arm, arrived at the London residence of Chief Executive Rupert Murdoch on Sunday, according to a Reuters reporter at the scene. Full Story1
China's Wen says inflation top priority, more tightening seen
Sun,10 Jul 2011 11:14 PM PDT
Reuters - SHANGHAI/BEIJING (Reuters) - Fighting inflation remains the top priority for the Chinese government and Beijing will maintain its current economic policy, Premier Wen Jiabao said in comments published on Monday, reinforcing the case for further policy tightening. Full Story1
Taxes still a stumbling block in debt talks
Sun,10 Jul 2011 10:22 PM PDT
Reuters -
photoWASHINGTON (Reuters) - After months of effort, President Barack Obama and congressional Republicans are right back where they started as they try to avert a looming debt default: arguing over taxes.
China to punish local officials for excessive debts: report
Sun,10 Jul 2011 10:17 PM PDT
Reuters - BEIJING (Reuters) - China will link local officials' performance appraisals to the level of debt held by local governments, state media reported Monday, an apparent move to cap borrowing and address worries that possible defaults could damage China's economy.Full Story1
photoSINGAPORE (Reuters) - Asia's emerging market central banks will need to keep ratcheting up interest rates well after inflation peaks to prevent higher prices from seeping into corners of the economy where they are much harder to dislodge.
Obama, lawmakers meet for 1 1/2 hours on debt impasse
Sun,10 Jul 2011 04:58 PM PDT
Reuters -
photoWASHINGTON (Reuters) - U.S. President Barack Obama sought on Sunday to break an impasse with Republicans on deficit reduction and avert a potentially catastrophic debt default that could reverberate globally.
UK government lawyers in plan to block BSkyB bid: paper
Sun,10 Jul 2011 04:16 PM PDT
Reuters - LONDON (Reuters) - British government lawyers are drawing up a plan to block Rupert Murdoch's bid for the pay-TV operator BSkyB, the Independent newspaper reported on Monday. Full Story1
BSkyB under pressure as politics hijack merger
Sun,10 Jul 2011 01:57 PM PDT
Reuters -
photoLONDON (Reuters) - BSkyB shares will be under pressure again in the coming week after a weekend in which politicians ramped up their rhetoric to derail a proposed $14 billion takeover by U.S. media conglomerate News Corp .
Pressure mounts on UK government to halt Murdoch/BSkyB deal
Sun,10 Jul 2011 12:34 PM PDT
Reuters -
photoLONDON (Reuters) - Prime Minister David Cameron came under growing pressure Sunday to halt Rupert Murdoch's bid for pay-TV operator BSkyB, at least until an investigation into phone-hacking at the media magnate's newspapers has been completed.
Hurdles abound in global recovery
Sun,10 Jul 2011 12:02 PM PDT
Reuters -
photoNEW YORK (Reuters) - A dismal U.S. jobs report. A European debt crisis for which there is no quick fix. Slowing growth in China.
Murdoch meets UK executive embroiled in scandal
Sun,10 Jul 2011 11:52 AM PDT
Reuters -
photoLONDON (Reuters) - Media baron Rupert Murdoch flew into London on Sunday to tackle a phone-hacking scandal that has sent tremors through the British political establishment and may cost him a multi-billion dollar broadcasting deal.
Where was SEC as trouble festered at Chinese companies?
Sun,10 Jul 2011 11:24 AM PDT
Reuters - NEW YORK (Reuters) - Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago. Full Story1
Italy scrambles to soothe market jitters
Sun,10 Jul 2011 10:10 AM PDT
Reuters - ROME (Reuters) - Italy's government scrambled to present a united front and defend the embattled economy minister on Sunday, hoping to soothe market fears that triggered a sell-off in Italian stocks and bonds last week. Full Story1