Technology Report: Google says not building Facebook rival

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Good afternoon Bit, THU 11 Nov 2010    Google says not building Facebook rival Twitter links users to Apple music social network Activision says Black Ops first-day sales a record Cisco shares plummet, sink broader market Viacom to sell Rock Band LimeWire says "unauthorized" applications using its name Level 3 to be a primary Netflix CDN provider FCC looks at Google's Street View data grab Hulu's CEO says revenue to more than double this year RIM aims to challenge iPad with PlayBook pricing Purrfect drink - all physics to cats Digital design comes home Cord replaces chain on bicycles Google says not building Facebook rival November 11, 2010 06:31 AM ET MONACO (Reuters) - Internet search leader Google Inc is not building a social network to compete with Facebook, a company executive reiterated on Thursday, despite an intensifying rivalry between the two leading Internet groups. Full Article Twitter links users to Apple music social network November 11, 2010 12:53 PM ET SAN FRANCISCO (Reuters) - Microblogging website Twitter said on Thursday it will link its service with Apple Inc's new music-oriented social network. Full Article Activision says Black Ops first-day sales a record November 11, 2010 02:49 PM ET SAN FRANCISCO/NEW YORK (Reuters) - Activision Blizzard Inc said Thursday it sold about 5.6 million copies of "Call of Duty: Black Ops" for $360 million on its first day, setting a new record for the video game industry. Full Article Cisco shares plummet, sink broader market November 11, 2010 01:34 PM ET BANGALORE (Reuters) - Tech bellwether Cisco Systems lost 17.3 percent of its market value in frenzied trading on Thursday, a day after a gloomy revenue outlook left investors jittery, and some brokerages downgraded the stock. Full Article Viacom to sell Rock Band November 11, 2010 12:32 PM ET NEW YORK (Reuters) - Viacom plans to rid itself of Harmonix, the video game developer behind the Rock Band franchise, ending a failed foray into the gaming business. Full Article LimeWire says "unauthorized" applications using its name November 10, 2010 09:50 PM ET NEW YORK (Reuters) - File-sharing service LimeWire, which last month was shut down by a federal judge, published a notice on its website on Wednesday warning that other applications are using its name. Full Article Level 3 to be a primary Netflix CDN provider November 11, 2010 11:03 AM ET Bangalore (Reuters) - Level 3 Communications Inc said it will become a primary content delivery network (CDN) provider for Netflix Inc, starting from the new year. Full Article FCC looks at Google's Street View data grab November 10, 2010 06:36 PM ET WASHINGTON (Reuters) - The U.S. Federal Communications Commission is looking into Google Inc's "Street View" maps service, to see if the company's collection of emails and other private information violated federal laws. Full Article Hulu's CEO says revenue to more than double this year November 10, 2010 04:32 PM ET NEW YORK (Reuters) - Popular U.S. Web video service Hulu should more than double revenue this year to $240 million, its chief executive said on Wednesday, a growth projection likely to create more buzz about a potential public offering. Full Article RIM aims to challenge iPad with PlayBook pricing November 10, 2010 02:21 PM ET SEOUL (Reuters) - BlackBerry maker Research In Motion, a late entrant in the booming tablet market, will take on Apple's iPad with competitive pricing of its rival Playbook device. Full Article

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