Technology Report: Brazil's $12 billion iPad deal is in trouble: sources

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	09/29/2011
Good afternoon Bit Oracle and Autonomy escalated their war of words on Thursday, sparring publicly over whether the British software firm had ever been shopped to the U.S. technology giant. Autonomy, which Hewlett-Packard this year agreed to buy for $12 billion, is at the center of a debate on Wall Street over the tenure of fired HP CEO Leo Apotheker and the future direction of the company he once ran. The spat comes at an inopportune time for HP, fighting to salvage its reputation with investors. Entrepreneur, venture capitalist and HP board member, Marc Andreessen, referred to Oracle as an "oldline" software company and took a jab at outspoken CEO Larry Ellison: "Larry is one of my idols," Andreessen said. "I wouldn't quite say my role model." Despite losing two more senior executives, BlackBerry maker Research In Motion brushed off suggestions on Thursday that it would discontinue production of its PlayBook computer tablet as "pure fiction." Fortune's annual ranking of the "50 Most Powerful Women in Business" was released on Thursday and former Yahoo CEO Carol Bartz was a noticeable omission. HP's new CEO Meg Whitmen made the list at No. 9 and Facebook COO Sheryl Sandberg came in at No. 12. Google was well-represented with two women: Susan Wojcicki (No. 28) and Marissa Mayer (No. 38). Travel search provider Kayak is the latest Web company to delay its IPO plans, reports AllThingsD's Tricia Duryee. LATEST NEWS Brazil's $12 billion iPad deal is in trouble: sources September 29, 2011 01:06 PM ET SAO PAULO (Reuters) - A much-hyped $12 billion plan for Taiwanese manufacturer Foxconn to produce iPads in Brazil is "in doubt" due to stagnant negotiations over tax breaks and Brazil's own deep structural problems such as a lack of skilled labor, government sources tell Reuters. | Full Article Kindle Fire may force Android tablet makers to cut prices September 29, 2011 07:33 AM ET SEOUL (Reuters) - Asian technology companies came under pressure on Thursday to slash prices of their tablet computers after Amazon.com launched its Kindle Fire at a mass market-friendly $199. | Full Article Kik Messenger returns to BlackBerry despite lawsuit September 29, 2011 05:57 PM ET TORONTO (Reuters) - Kik Interactive, an instant messaging service startup against which Research In Motion launched a lawsuit last year, is testing a new version of software that can be used on RIM's BlackBerry smartphones, Kik's founder said on Thursday. | Full Article Facebook executive joins eBay board September 29, 2011 01:53 PM ET (Reuters) - Facebook's head of mobile marketing has joined the board of directors of eBay Inc, expanding the size of the board. | Full Article Dow, S&P rise in wild day, Nasdaq takes China hit September 29, 2011 05:42 PM ET NEW YORK (Reuters) - Stocks mostly rose in a volatile session on Thursday as stronger-than-expected economic data and German approval of a beefed-up euro-zone crisis fund relieved two of the worst fears hanging over the market. | Full Article BUSINESS NEWS Analysis: Bernanke leaves investors mulling QE3 odds September 29, 2011 05:32 PM ET NEW YORK (Reuters) - Ben Bernanke put markets on notice this week: Despite already having spent trillions of dollars to stimulate growth, the Federal Reserve would do more if inflation falls too far and the threat of deflation grows. | Full Article Europe again steps back from brink in debt crisis September 29, 2011 05:45 PM ET BERLIN (Reuters) - Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday. | Full Article Jobless claims, GDP data ease economic fears September 29, 2011 04:41 PM ET WASHINGTON (Reuters) - The chances of the U.S. economy averting a new recession got a boost on Thursday with claims for jobless benefits falling to a five-month low last week and growth a touch stronger in the second quarter than previously estimated. | Full Article Oracle-Autonomy battle rages with HP in the wings September 29, 2011 05:13 PM ET LONDON (Reuters) - Oracle and Autonomy escalated their war of words on Thursday, sparring publicly over whether the British software firm had ever been shopped to the U.S. technology giant. | Full Article Recovery next year for world stocks: poll September 29, 2011 02:16 PM ET LONDON (Reuters) - World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red. | Full Article U.S. TOP NEWS UK hacking like Watergate scandal, Bernstein says Exclusive: Justice Department probing Chinese accounting SEC concedes challenges in credit-rating probes Bank of America to charge debit card use fee Belgium's "Mr Penguin" dreams of Antarctic funeral RELATED VIDEO Mobilize 2010: Qualcomm's Craig Barratt Amazon fires up the tablet market Amazon unveils "Kindle Fire" tablet A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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