Technology Report: HP named Whitman CEO, Apotheker out

If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE
	09/22/2011
Good afternoon Bit Facebook unveiled new features that center on the way users listen to music and watch TV, offering tie-ups with the likes of Spotify and Hulu, as it attempts to make media an integral part of its service. The features, which also include ways for users to spiff up profiles in a magazine, photo-heavy style, were introduced on Thursday during Facebook's annual f8 developers' conference in San Francisco by Facebook Chief Executive Mark Zuckerberg. For Facebook, a deeper integration of music, movies and other media into its service makes it more likely that users will spend more time on its site, enabling the company to generate more advertising dollars. Serial entrepreneur and Stanford professor Steve Blank believes the moves by the world's dominant social network are more of a threat to Apple than to Google. Yahoo also debuted a new service on Thursday that lets its users share Yahoo news articles they and their Facebook friends have read, according to NYT's Bits blog. Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman as its new president and CEO, replacing unpopular leader Leo Apotheker at the helm of the largest U.S. technology company. Reuters reporters Poornima Gupta and Peter Henderson argue it's easy to blame Apotheker for HP's troubles, but "experts paint a picture of an ever-changing roster of board directors who lacked a good grasp of the company's fundamentals and vacillated over what its business should be." Full Tilt Poker is upping the ante in its high-stakes fight with the U.S. Justice Department, decrying the government's assertion that it operated as a "Ponzi scheme," according to the WSJ. LATEST NEWS HP named Whitman CEO, Apotheker out September 22, 2011 04:31 PM ET SAN FRANCISCO (Reuters) - Hewlett-Packard Co named former eBay Inc Chief Executive Meg Whitman as its new president and CEO, replacing unpopular leader Leo Apotheker at the helm of the largest U.S. technology company. | Full Article Competitors circle around as Netflix stumbles September 22, 2011 03:57 PM ET LOS ANGELES (Reuters) - Missteps by Netflix Inc have opened the door to competitors to grab disgruntled customers looking for new options for video rentals and instant online streaming. | Full Article Text, video messaging eyed for emergency calls September 22, 2011 04:55 PM ET WASHINGTON (Reuters) - Communications regulators urged adoption of new technologies that would allow people needing emergency help to send text, photos and video messages to police and rescue dispatchers. | Full Article Insight: How HP's board presided over a train wreck September 22, 2011 01:36 PM ET SAN FRANCISCO (Reuters) - To fire one CEO, or even two, may be regarded as misfortune; to fire three looks like carelessness. | Full Article Market's 3 percent fall suggests deepening worry September 22, 2011 05:04 PM ET NEW YORK (Reuters) - Stocks plunged on Thursday, extending a selloff to four days, as policymakers' failure to arrest global economic stagnation sent markets spiraling downward. | Full Article BUSINESS NEWS Stocks, commodities dive on recession fears September 22, 2011 04:33 PM ET NEW YORK (Reuters) - World stocks fell to 13-month lows and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the Federal Reserve. | Full Article Jobless claims fall but recession still feared September 22, 2011 02:26 PM ET WASHINGTON (Reuters) - Americans filed fewer new claims for jobless benefits last week but the decline was not enough to dispel worries the economy was dangerously close to falling into a new recession. | Full Article Warnings mount on euro crisis, BRICS mull more aid September 22, 2011 03:52 PM ET WASHINGTON/FRANKFURT (Reuters) - World leaders and finance chiefs demanded Europe act decisively to quell its debt crisis and big emerging economies said they would consider providing more money to help prevent the chaos from spreading. | Full Article Europe set to move up bank recapitalization plans: report September 22, 2011 02:59 PM ET (Reuters) - European officials look set to speed up plans to recapitalize the 16 banks that came close to failing last summer's pan-EU stress tests, the Financial Times reported on Thursday, citing European officials. | Full Article Failed bill spotlights dysfunction in Congress September 22, 2011 05:06 PM ET WASHINGTON (Reuters) - Republican leaders scrambled on Thursday to find the votes to keep the government funded after the embarrassing defeat of a spending bill threw into question Congress' ability to pass basic laws. | Full Article U.S. TOP NEWS "Super committee" eyes taxes amid differences Sparks fly as U.S. and Pakistan spar over Afghan bloodshed Private sector slowdown heightens recession fears Murdoch paper hacked minister's voice mail: sources Boy finds 30-year-old human fingers in jar RELATED VIDEO 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 Arkansas' lost moon rock found in Clinton's files Full Article Two plead not guilty to harassing Palin attorney $16 muffins lead to review of meeting expenses Man wins dumpling eating contest, then dies Man sues Starbucks over restroom camera - 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