Technology Report: GM plans to stop advertising on Facebook

Click to View in Browser 05/15/2012 GM plans to stop advertising on Facebook (Reuters) - General Motors Co will stop advertising on Facebook, a move that comes during the same week the social networking website is due to go public. Scared of Facebook shares? Wager on Friday's close (Reuters) - Worried that if you buy Facebook when it starts trading Friday you'll get trampled by big banks and hedge funds? Betting on where the stock closes that day may be a safer wager. Oracle patent claims versus Google sent to jury SAN FRANCISCO (Reuters) - A California jury began another round of deliberations on Tuesday in a high profile trial over allegations that Google's Android mobile platform violates Oracle's intellectual property rights. Nvidia CEO pushes graphics chips toward cloud SAN JOSE, California (Reuters) - Nvidia Corp Chief Executive Jen-Hsun Huang wants his graphics chips to be adopted in data centers to help stream better graphics to smartphones and tablets, his company's newest bid to diversify beyond personal computers. Facebook options seen listed on May 29 (Reuters) - Traders will have their first crack at using options to hedge their bets or speculate on Facebook shares in two weeks, when U.S. options exchanges expect to list contracts on the hot new stock. Facebook increases IPO range to raise $12.1 billion NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the price range on its initial public offering an average of 14 percent to raise more than $12 billion, giving the world's No. 1 social network a valuation potentially exceeding $100 billion. Sony, Panasonic in talks to make OLED TVs: sources TOKYO (Reuters) - Sony Corp and Panasonic Corp are in talks to develop the technology to mass produce next-generation OLED televisions, sources close to the matter said on Tuesday, but may already be running to catch up with South Korean rivals in a technology widely seen replacing current LCD TVs. Nokia's new cheap models bet on games, web access HELSINKI (Reuters) - Nokia patched up its ailing basic phones offering on Tuesday with two models offering access to games, applications and the Internet, hoping to regain its footing in emerging markets. HP loses $190 million tax case against IRS (Reuters) - Hewlett-Packard Co. on Monday lost a battle with the U.S. Internal Revenue Service for more than $190 million in tax refunds tied to a Dutch tax shelter designed by the derivatives arm of American International Group . IBM not interested in deals over $1.5 billion: CFO BOSTON (Reuters) - International Business Machines Corp has no interest in pursuing large acquisitions, preferring to focus on targets worth $200 million to $1.5 billion, a top executive said on Tuesday. Related Video Sharing the love of Facebook Facebook IPO price hike Mediafile Paul Smalera Instagram's Facebook filter Sinead Carew Wireless industry at annual convention bemoans lack of consumer trust A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 - 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