2011年9月9日星期五

Technology Report: Analysis: AOL's Armstrong feeling the heat with Project Devil

Reuters
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09/8/2011
News Good afternoon Bit
Zagat, the popular dining recommendations and ratings authority, jumping into a niche Web market alongside the likes of OpenTable and Yelp. The 32-year-old Zagat, which polls consumers and compiles reviews about restaurants around the world, will become a cornerstone of Google's "local offering" and work in tandem with its mapping services and core search engine, the Internet search and advertising leader said.

The Zagat acquisition also marks Google's first foray into original content creation. Google had been accused of poaching user reviews from the likes of Yelp for use on Google Places pages, without providing a link back.

Only about half of Twitter's 200 million-plus registered members log on daily but the microblogging website is chalking up growth of 40 percent every quarter in mobile device usage, CEO Dick Costolo said. Twitter is gearing up for a hotly anticipated initial public offering. But Costolo told reporters they would do so only on their own terms. Twitter.com now sees about 400 million unique visitors every month, a 60 percent leap from 200 million at the start of the year.

Apple sought to ban sales of Samsung's Galaxy S and S II smartphones and the Galaxy Tab 7 in Japan, accusing its rival of violating patents relating to the iPhone and iPad, the latest salvo in a series of patent battles between the two companies. Last month, Samsung said it would delay the launch of its latest Galaxy tablet computers in Australia until after a court ruling in late September. Last week, a German court banned sales of Samsung's Galaxy Tab 7.7.

Hedge fund and major Yahoo shareholder Third Point demanded that the Internet company overhaul its board, saying the directors have made "serious misjudgments" and "destroyed value" for stockholders. A "reconstituted board with new directors who will bring fresh eyes, relevant industry expertise and increased investor alignment to the table is immediately necessary," said Third Point, which has about $8 billion under management and owns about 5 percent of Yahoo shares.
LATEST NEWS
Analysis: AOL's Armstrong feeling the heat with Project Devil
September 08, 2011 04:02 PM ET
NEW YORK (Reuters) - Forget the Michael Arrington sideshow -- AOL boss Tim Armstrong has a bigger problem, involving the "Project Devil" advertising unit. | Full Article
Microsoft lines up its big swing at tablets
September 07, 2011 08:53 PM ET
SEATTLE (Reuters) - Next week a high-ranking Microsoft Corp executive will stand on stage and show off a new version of Windows on a tablet computer. | Full Article
Tablet boom prompts Gartner to cut PC market view
September 08, 2011 04:43 AM ET
HELSINKI (Reuters) - Research firm Gartner slashed its growth forecast for the global PC market this year to 3.8 percent from 9.3 percent, citing slower economies in Western Europe and the United States, and a boom in media tablets. | Full Article
HTC extends lawsuit versus Apple to patents from Google
September 08, 2011 03:37 AM ET
TAIPEI (Reuters) - HTC Corp has extended its lawsuit against Apple Inc to include nine more patents the Taiwanese firm acquired from Google Inc last week, underscoring intensifying legal actions between the Google camp and Apple. | Full Article
DirecTV streams NFL games for added sales
September 08, 2011 10:42 AM ET
NEW YORK (Reuters) - DirecTV is expanding its NFL Sunday Ticket television package, which lets viewers watch football outside their local markets, to see if it can make some extra money from broadcasting the games on the Internet. | Full Article
BUSINESS NEWS
Bernanke disappointment pushes Wall Street lower
September 08, 2011 04:20 PM ET
NEW YORK (Reuters) - Stocks closed sharply lower on Thursday after Federal Reserve Chairman Ben Bernanke gave no indications of new stimulus measures to boost the flagging economy in a keenly awaited speech. | Full Article
Bernanke: Fed to help restore strong growth, mum on measures
September 08, 2011 04:22 PM ET
MINNEAPOLIS (Reuters) - Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. central bank would spare no effort to boost disappointingly weak growth and reduce unemployment, while downplaying concerns about inflation. | Full Article
Lower trade gap boosts growth, but jobs weak
September 08, 2011 03:24 PM ET
WASHINGTON (Reuters) - The U.S. economy may be stumbling, but it is still standing. | Full Article
World policymakers see darkening outlook
September 08, 2011 04:17 PM ET
NEW YORK (Reuters) - From Seoul to Washington, policymakers are increasingly worried about the outlook for the global economy. | Full Article
Obama to call for urgent steps on economy
September 08, 2011 03:40 PM ET
WASHINGTON (Reuters) - President Barack Obama will lay out a jobs package worth more than $300 billion on Thursday, staking his re-election hopes on a call for urgent action to revive the economy and challenging Republicans who have consistently opposed his initiatives. | Full Article
U.S. TOP NEWS
Court tosses Virginia challenge to healthcare law
NATO says mistakenly killed BBC Afghan reporter in July
Republicans push tax reform in deficit panel
Apparent carjacker gets one-way ride to jail
Man dressed as Gumby tries to rob store
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