Technology Report: Google makes big changes to daily deals business

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	10/27/2011
Good afternoon Bit Google unveiled big changes to its fledgling daily deals business in the midst of rival Groupon's IPO roadshow. "With 57 completed deals under its belt this year, Google has already smashed its 2010 record of 48 acquisitions — and it is only October," reports DealBook. U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses. "In some ways, the Olympus episode harks to an older — and more freewheeling — era of Japanese deal-making, before the bursting of the country's economic bubble in the 1990s and subsequent regulatory reform efforts," reports the NYT. Research In Motion has parted ways with a senior executive involved with the company's move into "cloud-based" services, adding to a string of high-level departures from the BlackBerry maker. Sony is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple. "While most agree Sony's takeover of the business is a positive, there is skepticism that it can actually turn the handset business around," reports CNET. Breakingviews columnist Rob Cox sitting down with ''The Agony and the Ecstasy of Steve Jobs'' creator and actor Mike Daisey to discuss his show and the ethical dilemma facing users of Apple products:     LATEST NEWS Google makes big changes to daily deals business October 27, 2011 01:48 PM ET (Reuters) - Google Inc unveiled big changes to its fledgling daily deals business on Thursday in the midst of rival Groupon Inc's IPO roadshow. | Full Article Exclusive: Records raise Olympus conflict of interest question October 27, 2011 07:12 AM ET DETROIT/TOKYO (Reuters) - U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses. | Full Article Regulator overhauls fund to get broadband to all Americans October 27, 2011 03:20 PM ET WASHINGTON (Reuters) - All Americans will have broadband access to Internet and telephone services by the end of the decade under new rules adopted by U.S. regulators. | Full Article BlackBerry maker parts ways with another top manager October 27, 2011 01:52 PM ET TORONTO (Reuters) - Research In Motion has parted ways with a senior executive involved with the company's move into "cloud-based" services, adding to a string of high-level departures from the BlackBerry maker. | Full Article Sony buys Ericsson out of mobile phone venture October 27, 2011 12:40 PM ET LONDON (Reuters) - Sony Corp is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple Inc. | Full Article BUSINESS NEWS S&P 500 gains 4 percent October 27, 2011 03:40 PM ET NEW YORK (Reuters) - The S&P 500 advanced more than 4 percent while the Dow and Nasdaq added to gains on Thursday on optimism about an agreement to help tackle the European debt crisis. | Full Article Euro deal leaves much to do on rescue fund, Greek debt October 27, 2011 03:44 PM ET BRUSSELS (Reuters) - Euro zone leaders struck a last-minute deal to limit the damage from the currency bloc's debt crisis early on Thursday but are still far from finalizing plans to slash Greece's debt burden and strengthen their rescue fund. | Full Article Exclusive: Steve Cohen's fund to get into reinsurance business October 27, 2011 02:43 PM ET BOSTON (Reuters) - Steven A. Cohen, who built one of the world's biggest and most successful hedge funds, is branching out and plans to set up his own reinsurance firm, two people familiar with the matter said. | Full Article Consumers, businesses pump up third-quarter growth October 27, 2011 02:41 PM ET WASHINGTON (Reuters) - The economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into the final three months of the year. | Full Article SEC accuses FINRA of altering internal documents October 27, 2011 03:20 PM ET (Reuters) - The Securities and Exchange Commission scolded the self-policing brokerage industry group FINRA on Thursday for allegedly doctoring internal documents before handing them over to examiners. | Full Article U.S. TOP NEWS D.Boerse urges EU regulators to take wider futures view Chrysler drives Fiat profit higher Special report: Harrisburg: a city at war with itself U.S. role in arming Mexico's drug war exaggerated: study Gaddafi son seeks flight to Hague war crimes court RELATED VIDEO So you think you have a great idea for an app? 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