2011年4月1日星期五

Technology Report: China's Baidu to shut e-commerce platform

Reuters
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03/31/2011
News Good afternoon Bit
The hunted became the hunter when Microsoft filed its first-ever complaint to antitrust regulators, claiming that Google thwarts Internet search competition. Thomas Vinje, who led a coalition that won EU fines against Microsoft said the software maker "has learned from its own unpleasant experiences how to cause maximum disruption for its competitors via competition law". Google controls over 90 percent of the Internet search advertising market in Europe, well ahead of Microsoft's Bing. And browsers such as Firefox and Google's Chrome have eaten away at the market lead by Microsoft's Internet Explorer.

Google is tightening control over its "open" Android operating system to reduce fragmentation and restrict additional partnerships that it doesn't understand, Bloomberg's Ashlee Vance and Peter Burrows writes. Google says its procedures are about quality control, early bug fixes, and building toward a "common denominator" experience, Vance and Burows add.

Small-budget film producers have nearly perfected a slick, courtroom-based business strategy that's targeted suspected movie downloaders, writes Wired's David Kravets. One lawsuit alleged 5,865 illegal downloads of the film Nude Nuns With Big Guns, asking a federal judge to order ISPs to dig into customers' records for names. It was the first step in a process that could lead to each defendant receiving a letter suggesting they settle the case, lest they wind up named in a public lawsuit having downloaded Nude Nuns With Big Guns, Kravets adds.

James Cicconi, the head of AT&T's lobbying effort to acquire T-Mobile USA, said government remedies to free up more U.S. airwaves for wireless services are not coming fast enough and were an important driver behind his company's bid. AT&T estimates it will carry the equivalent of the volume of all the mobile traffic it handled last year in the first six or seven weeks of 2015.

Anti-virus software maker ESET's Randy Abrams lauded Facebook for making users' preferences remember if they log in to "grossly insecure apps such as Farmville" from unsecured connections, like those found at coffee shops and airports, and restoring encrypted connections to Facebook once users log back in. Abrams called developers who haven't fixed their apps to afford you a safe Facebook session "careless". You can find your connection preferences on Facebook under Account->Account Settings->Account Security. Check the box beside "Browse Facebook on a secure connection (https) whenever possible" to enable the feature.
LATEST NEWS
China's Baidu to shut e-commerce platform
March 31, 2011 07:12 AM ET
SHANGHAI (Reuters) - Baidu Inc, China's largest search engine, will shut its online e-commerce store, Youa, and migrate its users to other platforms, it said on Thursday. | Full Article
Acer replaces CEO after weak outlook triggers selloff
March 31, 2011 03:40 PM ET
TAIPEI (Reuters) - Taiwan's Acer, the world's No. 2 PC vendor, replaced its chief executive in a surprise move on Thursday, barely a week after it gave a downbeat outlook that wiped more than $1 billion off its market value in four days. | Full Article
China report claims Google-linked firms broke tax rules
March 31, 2011 06:29 AM ET
BEIJING (Reuters) - Chinese authorities found three companies linked to Google Inc broke tax rules and are investigating possible tax avoidance, a Chinese state-run newspaper said on Thursday, raising the risk of fresh pressure on the Internet search giant. | Full Article
Online retailers blast planned changes to EU rules
March 30, 2011 07:03 PM ET
LONDON (Reuters) - Proposed changes to European rules on product returns could cost online retailers 10 billion euros ($14 billion) a year, denting growth and leading to higher prices for consumers, an industry body warned on Thursday. | Full Article
Wall Street flat as Friday payrolls data eyed
March 31, 2011 02:14 PM ET
NEW YORK (Reuters) - U.S. stocks edged higher on Thursday as a modest reading on jobless claims failed to topple upbeat expectations about Friday's U.S. payrolls report for March as the quarter quietly draws to a close. | Full Article
BUSINESS NEWS
Sokol affair casts shadow on Buffett style
March 31, 2011 02:36 PM ET
NEW YORK (Reuters) - So much for Warren Buffett's philosophy of leaving his managers alone. | Full Article
WTO raps U.S. subsidies to Boeing
March 31, 2011 02:29 PM ET
GENEVA (Reuters) - Planemaker Boeing received at least $5.3 billion of banned U.S. subsidies, the World Trade Organization said on Thursday in a dispute that shows no signs of an end to bitter transatlantic wrangling. | Full Article
Ally files for IPO, readies for Treasury sell-down
March 31, 2011 02:16 PM ET
NEW YORK (Reuters) - Ally Financial filed for an initial public offering that will allow the U.S. government to sell down its majority stake in the bailed-out auto and mortgage lender. | Full Article
Jobless claims fall, Midwest hiring jumps
March 31, 2011 12:56 PM ET
WASHINGTON (Reuters) - The number of Americans claiming unemployment aid fell last week and factory employment in the U.S. Midwest hit a 27-year high in March, more signs that an improvement in the labor market is under way. | Full Article
Ireland says banks need further 24 billion euros
March 31, 2011 01:53 PM ET
DUBLIN (Reuters) - Ireland tried to draw a line under its financial crisis on Thursday by saying its banks need a further 24 billion euros ($34.11 billion) to withstand further economic shocks. | Full Article
U.S. TOP NEWS
Libyan rebels cheered by U.S. support and defection
Japan crisis drags, France wants global nuclear reform
NY legislature passes $132 billion budget, no new taxes
Syria's Assad takes steps towards reforms
Thieves steal diamonds worth millions from fair
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