Technology Report: Google results miss; shares dive after premature report

	Click to View in Browser 10/18/2012 Google results miss; shares dive after premature report SAN FRANCISCO (Reuters) - Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value. Microsoft profit falls as PC sales shrink SEATTLE (Reuters) - Microsoft Corp said its fiscal first-quarter profit fell on Thursday, hurt by a dip in computer sales running its Windows operating system and the deferral of some revenue ahead of upcoming releases of its core Windows and Office products. Chipmaker AMD announces layoffs as PC sales stumble SAN FRANCISCO (Reuters) - PC chipmaker Advanced Micro Devices said it will cut its workforce by 15 percent in a bid to reduce operating expenses, its second round of layoffs in less than a year as it struggles with a weak global economy and a consumer shif toward tablets. Apple loses tablet copyright appeal against Samsung LONDON (Reuters) - Apple has lost its appeal against a ruling that cleared rival Samsung of copying its registered designs for tablet computers, in a decision which could end the two firms' legal dispute on the subject across Europe. Analysis: How long can Google's shares stay airborne? NEW YORK/SAN FRANCISCO (Reuters) - Google Inc's shares have clung tenaciously near record highs after a three-month, 30 percent rally fueled by rising optimism about Internet advertising, but Wall Street fears it may be running out of steam. Twitter blocks neo-Nazi group's messages in Germany FRANKFURT (Reuters) - Twitter has blocked messages in Germany from a group banned by local authorities over right-wing extremism, using its powers to withhold content in one specific country for the first time. Capgemini CEO says to hire new finance chief by November PARIS (Reuters) - French technology consultancy Capgemini said it would hire a new chief financial officer by early November and maintain its strategy after the departure of its current finance chief for a new post rattled markets on Thursday. Uniqlo to rev up U.S. expansion with online shopping (Reuters) - Japanese fashion retailer Uniqlo is turning to e-commerce in a bid to speed up its expansion in the United States and take on more established rivals like H&M and Zara in that market. IBM in talks to buy Israel mobile software firm Red Bend: media TEL AVIV (Reuters) - IBM Corp is in advanced talks to buy Israel-based Red Bend Software, a provider of mobile phone software, for $200 million to $250 million, Israeli media reported on Thursday. Alcatel-Lucent to cut 5,490 jobs worldwide PARIS (Reuters) - Telecoms equipment maker Alcatel-Lucent plans to axe 5,490 jobs worldwide as part of a cost-saving program unveiled in July, with more than a quarter of the cuts coming in France. Related Video Trapped in amber, ancient insect shown hitching ride on a fly Baxter the robot readied for U.S. factory revival Mediafile John C Abell EBay's buyer's remorse Sarah McBride WPP chief Sorrell shuns Twitter, Klout for personal brand– but likes mobile for clients 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