Technology Report: Apple sued over apps privacy issues; Google may be next

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	12/28/2010
Good afternoon Bit LATEST NEWS Apple sued over apps privacy issues; Google may be next BANGALORE (Reuters) - Two separate groups of iPhone and iPad users have sued Apple Inc alleging that certain software applications were passing personal user information to third-party advertisers without consent. | Full Article Ex-HP CEO Hurd fights to keep letter confidential December 28, 2010 03:47 PM ET WILMINGTON, Delaware (Reuters) - Hewlett-Packard Co's former chief executive, Mark Hurd, asked to intervene in a Delaware shareholder lawsuit as he tries to keep private a letter tied to his abrupt departure. | Full Article China cuts rare earth export quotas, U.S. concerned December 28, 2010 02:56 PM ET BEIJING (Reuters) - China announced on Tuesday it will cut its export quotas for rare earth minerals by more than 11 percent in the first half of 2011, further shrinking supplies of metals needed to make a range of high-tech products after Beijing slashed quotas for 2010. | Full Article Gilt Groupe plans new round of financing: CEO December 28, 2010 04:30 PM ET NEW YORK (Reuters) - Gilt Groupe plans a new round of financing in the first half of 2011 to expand beyond luxury apparel and travel, the top executive of the luxury e-commerce retailer told Reuters. | Full Article Alcatel agrees to settle bribery case for $137 million December 28, 2010 08:42 AM ET WASHINGTON (Reuters) - Alcatel Lucent SA has agreed to pay more than $137 million to settle U.S. charges that it paid millions of dollars in bribes to foreign officials to win business in Latin America and Asia, U.S. authorities said on Monday. | Full Article BUSINESS NEWS Consumer confidence slips as home prices decline December 28, 2010 02:36 PM ET NEW YORK (Reuters) - Consumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy's recovery. | Full Article Energy stocks lead in lackluster session December 28, 2010 12:47 PM ET NEW YORK (Reuters) - Energy and material stocks led gainers on the S&P 500 on Tuesday in a thinly traded session in which major indexes barely budged. | Full Article Investor doubts linger over holiday sales upside December 28, 2010 01:58 PM ET NEW YORK (Reuters) - New sales data confirm that U.S. retailers are poised to show their best holiday season in three years, but investors seemed unimpressed as concerns mount that shoppers will pull back in the new year. | Full Article Allstate sues BofA, Mozilo over Countrywide losses December 28, 2010 02:10 PM ET NEW YORK (Reuters) - Allstate Corp has sued Bank of America Corp and 18 other defendants over alleged losses on more than $700 million of mortgage securities it bought from Countrywide Financial Corp. | Full Article GM up after high marks from Wall Street December 28, 2010 11:58 AM ET DETROIT (Reuters) - General Motors Co shares rose as much as 2.5 percent in midday trading on Tuesday after banks resumed coverage of the automaker with high marks for its North American sales and position in emerging markets. | Full Article US TOP NEWS Northeast digs out after storm snarls travel Time Warner Cable and Sinclair spar In Cuba, holiday cheer from Uncle Sam Federal-Mogul recalls parts in some Chrysler vehicles Russia accuses West of meddling in Khodorkovsky trial RELATED VIDEO Mice that sing like birds Silence not golden for electric cars Green ways to get around French city A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH UK tourists will have to wait for wax royal Kate Full Article Berlin police pepper spray snowballers Kids tracking Santa get Michelle Obama surprise Artificial Christmas trees get nod over fresh: poll - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend