2011年11月22日星期二

Technology Report: China records 300 million registered microblog users

Reuters
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11/21/2011
News Good afternoon Bit
EBay said it acquired the data analysis firm Hunch to help it develop more recommendation technology for its online marketplace. Hunch analyzes data from social networks like Facebook and from questionnaires to make personal recommendations. EBay said Hunch will help it suggest relevant products for shoppers on its online marketplace. Chris Dixon, Tom Pinckney and Matt Gattis, who founded Hunch in 2009, will stay on at eBay and remain based in New York. The purchase price was not disclosed, although tech blog Uncrunched pegged it at around $80 million.

Retailers are saving some of their deepest discounts on Black Friday for video game products, with large chains Wal-Mart and Best Buy putting some rock-bottom prices tags on hot games to lure shoppers into stores. To accommodate pressured buyers, retailers are heavily discounting top games, from Electronic Arts' "Battlefield 3," to Warner Brothers' "Batman: Arkham City," and Microsoft's "Gears of War 3."

Olympus said that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A deals went to organized crime syndicates or that "yakuza" gangsters were involved. A unit from the Tokyo Metropolitan Police Department's organized crime division has joined the investigation, a source familiar with the matter said on Friday. But the source added it was premature to say if gangsters were involved.

Hard drive maker Western Digital said it was asked to pay $525 million in an arbitration brought by competitor Seagate. The award involves claims brought against Western Digital and one employee -- who was earlier with Seagate -- alleging misappropriation of confidential information and trade secrets, Western Digital said in a statement.

Nvidia will again be the supplier of graphic processor units to Apple after rival AMD botched efforts to create a GPU for Apple's MacBook Air laptop, tech blog SemiAccurate writes. The decision was made about three years after Apple replaced Nvidia GPUs with by those made by ATI/AMD and two years after the first ATI/AMD Macs in recent memory hit the shelves.
LATEST NEWS
China records 300 million registered microblog users
November 21, 2011 01:58 PM ET
BEIJING (Reuters) - China has more than 300 million registered microbloggers, state media said Monday, one of its fastest growing groups of internet users that the government has vowed to control. | Full Article
Focus Media plunges after Muddy Waters charges
November 21, 2011 02:43 PM ET
(Reuters) - U.S.-listed shares of Focus Media Holding Ltd plunged to multiyear lows on Monday after short-selling firm Muddy Waters accused the company of "significant overstatement of the number of screens in its LCD network," among other charges. | Full Article
Text-message bullying becoming more common
November 21, 2011 01:05 PM ET
NEW YORK (Reuters Health) - A growing number of U.S. kids say they have been picked on via text messaging, while there has been little change in online harassment, researchers reported Monday. | Full Article
Secretive North Korea opens up to cellphones
November 21, 2011 08:08 AM ET
SEOUL (Reuters) - Secretive North Korea is expected to register the 1 millionth cellphone user on its new 3G network by the end of the year, barely four years after people were thrown into prison camps, or possibly even executed, for owning one. | Full Article
Retailers adapt as mobile holiday shopping booms
November 20, 2011 03:39 PM ET
(Reuters) - When it comes to holiday shopping, more people are phoning it in, forcing retailers to embrace new ways to connect or else lose sales. | Full Article
BUSINESS NEWS
Selloff in fourth day on Europe, U.S. debt concerns
November 21, 2011 04:42 PM ET
NEW YORK (Reuters) - U.S. stocks fell for a fourth session on Monday, as the lack of progress in dealing with heavy debt both in the United States and Europe further sapped investor confidence in equities. | Full Article
HP reports revenue above Street estimates
November 21, 2011 05:01 PM ET
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly results exceeded Wall Street's modest expectations, while a weak 2012 earnings forecast underscores that the technology giant is heading into a testing year. | Full Article
October existing home sales rise 1.4 percent
November 21, 2011 03:33 PM ET
WASHINGTON (Reuters) - U.S. existing home sales unexpectedly rose in October as low interest rates for mortgages and rising rents led more homebuyers into the market, the National Association of Realtors said on Monday. | Full Article
Gilead bets $11 billion on hepatitis in Pharmasset deal
November 21, 2011 04:28 PM ET
(Reuters) - Gilead Sciences Inc struck a deal to buy biotechnology company Pharmasset Inc for about $11 billion in a huge and risky bet on the next generation of hepatitis C treatments. | Full Article
Alleghany to buy Transatlantic for $3.4 billion
November 21, 2011 03:27 PM ET
(Reuters) - U.S. property and casualty insurer Alleghany Corp said on Monday it would buy reinsurer Transatlantic Holdings Inc for $3.4 billion in cash and stock -- though a sharp drop in Alleghany shares meant a separate, hostile bid for Transatlantic was at least temporarily more valuable. | Full Article
U.S. TOP NEWS
Deficit panel fails to reach deal
Egyptian police battle protesters, 33 dead
Global economic outlook grim, China tells U.S. trade
Accused White House shooter to have mental exam
Chains brace for discount-filled holiday season
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