2011年10月12日星期三

Technology Report: Mobile plans and economy to shade Google earnings

Reuters
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10/11/2011
News Good afternoon Bit
Disruptions to BlackBerry services spread to Latin America on Tuesday, more than a day after users in Europe, the Middle East, Africa and India suffered extended outages. BlackBerry maker Research In Motion Ltd, which is losing share of the corporate email market it once took for granted, said it was working on the problem but gave no details of the cause.

Adding to RIM's woes, a growing mass of its investors backs calls for a sale or break-up of the company and wants a new, "transformational leader" at its helm, according to a shareholder leading the drive for change.

Business-software company Box has won $81 million in funding to expand its business, illustrating investors' continued appreciation for start-up companies that tap into the cloud.

Social games company Zynga is releasing 10 new products including a bingo game and a lineup of casino-themed games, its chief executive Mark Pincus said.
LATEST NEWS
Mobile plans and economy to shade Google earnings
October 11, 2011 12:14 PM ET
SAN FRANCISCO (Reuters) - A slumping economy and questions about Google Inc's smartphone strategy are among the investor concerns that CEO Larry Page will need to address when the Internet giant reports results on Thursday. | Full Article
Microsoft competitor Box lands $81 million funding
October 11, 2011 12:03 PM ET
SAN FRANCISCO (Reuters) - Business-software company Box has won $81 million in funding to expand its business, illustrating investors' continued appreciation for start-up companies that tap into the cloud. | Full Article
Social games maker Zynga expands lineup
October 11, 2011 02:41 PM ET
SAN FRANCISCO (Reuters) - Social games company Zynga is releasing 10 new products including a bingo game and a lineup of casino-themed games, its chief executive Mark Pincus said on Tuesday. | Full Article
ASML Q4 orders a beacon for tech sector
October 11, 2011 01:23 PM ET
AMSTERDAM (Reuters) - Investors will focus on ASML's fourth-quarter orders for signs of a recovery in the global chip sector when the Dutch chip equipment maker reports third-quarter results on Wednesday. | Full Article
Wall Street flat before Slovakia votes on fund
October 11, 2011 01:51 PM ET
NEW YORK (Reuters) - Stocks were little changed on Tuesday, with major indexes seesawing between gains and losses before a key vote by Slovakia on expanding the euro zone rescue fund. | Full Article
BUSINESS NEWS
U.S. reveals Volcker rule's murky ban on Wall St. bets
October 11, 2011 03:49 PM ET
WASHINGTON (Reuters) - U.S. regulators unveiled a ban on Wall Street banks' trading for their own profit, but the long-awaited Volcker rule proposal was so complex that banks blasted it as unworkable and consumer groups dismissed it as too weak. | Full Article
Exclusive: Europe hits banks with tougher capital test
October 11, 2011 12:47 PM ET
FRANKFURT (Reuters) - Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and may need to raise some 100 billion euros ($137 billion), banking and regulatory sources said on Tuesday. | Full Article
Greece to get loan, Trichet says crisis systemic
October 11, 2011 01:48 PM ET
ATHENS/FRANKFURT (Reuters) - Greece should receive a vital lifeline next month in order to avoid bankruptcy, its international lenders said on Tuesday, buying time for a broader EU response to a debt crisis that Europe's top central banker labeled "systemic." | Full Article
Paulson braces investors for the worst
October 11, 2011 03:45 PM ET
BOSTON/NEW YORK (Reuters) - John Paulson could face a two-pronged problem in the coming weeks as outside investors and possibly even some of his own employees walk in the wake of the hedge fund firm's worst-ever returns. | Full Article
Iranians charged in U.S. over assassination plot
October 11, 2011 03:56 PM ET
WASHINGTON/NEW YORK (Reuters) - U.S. authorities broke up a plot by men linked to the Iranian government to assassinate the Saudi ambassador in the United States, U.S. officials said Tuesday. | Full Article
U.S. TOP NEWS
New Jersey's Christie to endorse Romney: campaign
Wall Street jobs, bonus outlook dims for 2011
Obama says may have to "break up" jobs bill
Israel, Hamas agree prisoner swap to free Shalit
Police seize weapons from Brad Pitt film
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