Technology Report: Twitter co-founder wants more mainstream website

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	03/29/2011
Good afternoon Bit Amazon.com faced a backlash from the music industry after it introduced Cloud Drive, an online "music locker" that lets customers store music files on the company's Web servers instead of their own hard drives and play them over an Internet connection directly from browsers and on phones running Google's Android OS. Sony Music was upset by Amazon's decision to launch the service without new licenses for music streaming. Amazon's Cloud Drive "is an amazing value and pretty easy to use", but won't kill rival Dropbox just yet, Business Insider's Steve Kooch wrote. The Wall Street Journal's Peter Kafka thinks Amazon's cloud move isn't earth shattering and "if you're a music lover looking for a paradigm shift in the way you consume tunes, this won't be it". Mozilla released its Firefox 4 Internet browser for Android phones, which allows desktop users to synchronize their history, bookmarks, tabs and passwords, according to Mozilla. AT&T's $39 billion bid to buy T-Mobile USA came under scrutiny from New York's attorney general, who said he is looking into its possible anti-competitive impact. News Corp held talks to give control of Myspace to the music label-owned video site Vevo.com, but the likelihood of a deal being reached was slim, a person with knowledge of the talks said. Separately, News Corp said that an increase in new, paying digital subscribers to its UK paper The Times has more than compensated for a drop in print circulation. A seemingly esoteric spat between Google geeks and their Facebook cohorts over the search engine giant's change to the way contacts from Facebook appear on its next-generation handset, the Nexus S, raises questions about Google's increasing dominance in the mobile handset market — and whether it can resist the temptation to abuse that power, writes Rob Cox. The worldwide smartphone market is expected to grow nearly 50 percent in 2011, according to market research firm International Data Corporation. Engadget's Vlad Savov took issue with IDC's 2015 market share forecast, citing IDC's report last year that predicted Symbian, an operating system now headed for extinction, would run the majority of smartphones into 2013. IDC now says that in 2015, Google's Android will have 45.4% market share; Microsoft Windows Phone 7/Windows Mobile: 20.9%; Apple's iOS: 15.3%, RIM's BlackBerry: 13.7%; others: 4.6%; and Symbian: 0.2%. LATEST NEWS Twitter co-founder wants more mainstream website March 29, 2011 03:41 PM ET NEW YORK (Reuters) - Twitter co-founder Jack Dorsey, who returned this week to the company after a two-year absence, wants to make the microblogging site more approachable to the masses, he said on Tuesday. | Full Article Tech firms fret over length of Japan disruption March 29, 2011 12:34 PM ET HELSINKI (Reuters) - Worries over component supply continued to weigh on the technology sector on Tuesday, in the wake of Japan's devastating March 11 earthquake and tsunami which have disrupted production and deliveries of key parts. | Full Article Nokia files new case against Apple with ITC March 29, 2011 10:47 AM ET HELSINKI (Reuters) - Nokia on Tuesday filed another complaint with the U.S. trade panel (ITC) alleging that rival Apple infringes its patents in iPhones, iPads and other products. | Full Article Mobile wallets coming soon to U.S.? Keep waiting March 28, 2011 05:33 PM ET ORLANDO, Florida (Reuters) - U.S. shoppers awaiting the day they can wave their cellphones at the check-out counter to buy everything from books to shoes should hang onto their wallets a while longer. | Full Article Men more likely to overrule satnavs than women March 28, 2011 11:27 AM ET LONDON (Reuters) - Men are more likely to ignore directions given by their satellite navigation systems than women, a survey has found, confirming the old stereotype that men hate asking for directions. | Full Article BUSINESS NEWS Wall Street ends higher in low volume March 29, 2011 04:09 PM ET NEW YORK (Reuters) - Strength in energy lifted U.S. stocks on Tuesday as investors concentrated on adding to winning positions as the quarter winds down, but uncertainty kept trading volume light. | Full Article Supreme Court questions big Wal-Mart sex-bias suit March 29, 2011 03:00 PM ET WASHINGTON (Reuters) - U.S. Supreme Court justices sharply questioned on Tuesday whether more than a million female employees can join together against Wal-Mart Stores Inc in the largest class-action sex-discrimination lawsuit in history. | Full Article Consumer morale ebbs, home prices near 2009 lows March 29, 2011 02:36 PM ET WASHINGTON (Reuters) - U.S. consumers turned gloomy in March as rising energy prices ignited fears of inflation, which could dent consumption and economic growth. | Full Article Ex-Galleon manager says he fed Rajaratnam tips March 29, 2011 03:25 PM ET NEW YORK (Reuters) - A former portfolio manager at Raj Rajaratnam's Galleon Group described pressure at the hedge fund to get "an edge" in trading and said he gave inside tips from a Morgan Stanley investment banker to his boss. | Full Article GE moves deeper into energy with $3.2 billion deal March 29, 2011 03:16 PM ET BOSTON (Reuters) - General Electric Co reached a $3.2 billion cash deal to acquire a French maker of high-efficiency motors used in the oil and gas sector, pouring more money into its most profitable division. | Full Article U.S. TOP NEWS Obama vows U.S. forces won't get bogged down in Libya Libya troops push rebels; powers want Gaddafi out Syria mobilizes thousands for pro-Assad marches France and U.S. to help Japan in nuclear crisis At least 53 dead as Iraqi forces end gunmen's siege RELATED VIDEO 3D gaming without the glasses Alabama nuclear plant shows safety features Heads up for the bald; a treatment may be near A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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