2011年1月11日星期二

Technology Report: Supreme Court won't review music download antitrust case

Reuters
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01/10/2011
News Good afternoon Bit
LATEST NEWS
Supreme Court won't review music download antitrust case
WASHINGTON (Reuters) - The Supreme Court on Monday declined to review a ruling that reinstated an antitrust lawsuit alleging major record labels conspired to fix prices and terms under which music would be sold over the Internet. | Full Article
Intel pays Nvidia $1.5 billion in license dispute
January 10, 2011 04:26 PM ET
SAN FRANCISCO (Reuters) - Intel Corp said it is paying graphics chip designer Nvidia Corp a $1.5 billion licensing fee, settling a legal dispute over a license to make chipsets. | Full Article
Microsoft shake-up continues, server unit head out
January 10, 2011 03:28 PM ET
SEATTLE (Reuters) - Chief Executive Steve Ballmer has ousted the head of Microsoft Corp's third-largest unit, marking the latest in a series of high-level departures as the software company tries to regain its leadership in the technology sector. | Full Article
Groupon raises $950 million in financing
January 10, 2011 04:21 PM ET
NEW YORK (Reuters) - Web advertising firm Groupon Inc, announced on Monday that it has completed a $950 million round of financing. | Full Article
BlackBerry maker to block porn in Indonesia
January 10, 2011 12:29 PM ET
JAKARTA (Reuters) - Research In Motion said on Monday it will filter pornographic Internet content for its BlackBerry smartphone users in Indonesia, following government pressure to restrict access to porn sites or face its browsing service being shut down. | Full Article
BUSINESS NEWS
Wall Street down as Portugal weighs
January 10, 2011 12:58 PM ET
NEW YORK (Reuters) - U.S. stocks lost ground on Monday, with the Dow and S&P 500 heading for a third straight session of losses, as a once-buoyant market sagged at the start of the earnings season. | Full Article
Duke Energy to buy Progress Energy for $13.7 billion
January 10, 2011 12:38 PM ET
NEW YORK (Reuters) - Duke Energy said on Monday it agreed to buy Progress Energy Inc for $13.7 billion in stock, creating the largest U.S. power company if it wins approval from regulators in North and South Carolina. | Full Article
Morgan Stanley to spin off prop trading unit
January 10, 2011 02:19 PM ET
CHARLOTTE, North Carolina (Reuters) - Morgan Stanley will spin off its proprietary trading business into an independent firm in 2012, joining a host of Wall Street banks scrambling to comply with new rules that bar making market bets with their own capital. | Full Article
Fed may need to mull exit late 2011: Kocherlakota
January 10, 2011 09:05 AM ET
WASHINGTON (Reuters) - A top Federal Reserve official said he would set the bar "very high" for the central bank to stop short in its planned $600 billion in bond purchases, but that the Fed may need to begin considering a reversal of policy by year end. | Full Article
Big earnings beats may not move stocks
January 10, 2011 02:12 PM ET
NEW YORK (Reuters) - Corporate earnings promise to beat analysts' expectations for the just-completed fourth quarter, but translating the good news into strong stock gains will be challenging for investors. | Full Article
US TOP NEWS
Ex-House leader DeLay gets 3-year prison term
Alcoa fourth-quarter profit rises on higher demand
Suspect in Arizona shootings to appear in court
SEC sues ex-Trivium fund manager in Galleon case
Biden on surprise Afghan trip for talks with Karzai
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