Technology Report: Cost surge under new Google CEO unnerves Street

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	04/14/2011
Good afternoon Bit LATEST NEWS Cost surge under new Google CEO unnerves Street April 14, 2011 05:57 PM ET SAN FRANCISCO (Reuters) - Google Inc's stunning 54 percent spending surge spooked investors already worried its new CEO may take his eye off the bottom line to chase revenue growth, driving its shares more than 5 percent lower. | Full Article RIM's email-less PlayBook gets tough reviews April 14, 2011 05:00 PM ET TORONTO (Reuters) - RIM's PlayBook tablet has bombed with influential technology reviewers who call the new iPad competitor a rushed job that won't even provide RIM's vaunted email service unless it's hooked up to a BlackBerry. | Full Article Best Buy to shrink big boxes; concerns linger April 14, 2011 05:20 PM ET NEW YORK (Reuters) - Best Buy Co Inc said it will boost its Web presence, shrink some larger stores and open more of its smaller U.S. stores to try to win back market share from the likes of Amazon.com Inc and Wal-Mart Stores. | Full Article Video game developers group slams Amazon pricing April 14, 2011 11:24 AM ET NEW YORK (Reuters) - A group representing individual video game developers has accused Amazon.com Inc of setting pricing terms that could harm them in the long run and of trying to win a near monopoly selling games made on Android software. | Full Article Apple suppliers begin making white iPhones: sources April 14, 2011 12:27 PM ET HONG KONG (Reuters) - Suppliers to Apple Inc have begun production of white iPhones after a delay of almost 10 months, pointing to a launch date of within a month, two people familiar with the situation said on Thursday. | Full Article BUSINESS NEWS Dow, S&P inch up as growth questioned, Google off late April 14, 2011 05:44 PM ET NEW YORK (Reuters) - Stocks that outperform in a weak economy helped the Dow and S&P 500 eke out gains on Thursday as concerns about faltering growth and inflation prompted investors to seek out less volatile names. | Full Article Fed officials signal policy to stay on course April 14, 2011 03:17 PM ET HELENA, Montana (Reuters) - The recent surge in oil prices is no prelude to broader price increases that would force the Federal Reserve to raise interest rates, top Fed officials said on Thursday in what appears to be the predominant view at the central bank. | Full Article G20 eyes anti-crisis plan, mulls recovery risks April 14, 2011 05:28 PM ET WASHINGTON (Reuters) - The United States tried to instill confidence on Thursday that the global recovery was not at risk as global finance chiefs gathered to advance a plan to prevent future economic crises. | Full Article Court revives backdating lawsuit against Ernst April 14, 2011 06:38 PM ET SAN FRANCISCO (Reuters) - Auditor Ernst and Young LLP must face a lawsuit over its role in a $2.2 billion stock options backdating scheme at Broadcom Corp , a U.S. appeals court ruled. | Full Article Nasdaq hires investment banker Shavel as new CFO April 14, 2011 04:47 PM ET NEW YORK (Reuters) - Nasdaq OMX Group Inc named a Bank of America Merrill Lynch investment banker as chief financial officer on Thursday, bringing in a seasoned dealmaker as it pursues a takeover bid of NYSE Euronext . | Full Article U.S. TOP NEWS Budget vote shows challenge for Boehner, Obama Senate panel slams Goldman in scathing crisis report Core producer prices, jobless claims rise U.S. inflation seen picking up but no grave threat: Reuters poll Allies vow no halt to campaign until Gaddafi goes RELATED VIDEO Wall Street reading Google CEO Page Iran unveils solar-powered car UK space industry still growing 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 Nine-foot alligator loose in Arkansas Full Article Parents of tipsy toddler sue over drink mixup Hong Kong debuts its first 3D erotic film Man arrested for creating fake army unit Struggling mining town rejects nude dancing GE target of hoax saying it will return tax refund - 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