Technology Report: Facebook, Zuckerberg, banks must face IPO lawsuit: judge

	Click to View in Browser 12/18/2013 Facebook, Zuckerberg, banks must face IPO lawsuit: judge NEW YORK (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its health before its $16 billion initial public offering, a federal judge said. Obama to release review panel's report on surveillance practices WASHINGTON (Reuters) - President Barack Obama prepared to release an independent panel's review of U.S. intelligence practices on Wednesday in a prelude to announcing a broad set of new policy procedures aimed at reining in the National Security Agency. Video analytics startup Vidyard could list within two years (Reuters) - When InContact Inc, a provider of internet-based call center services, wanted to gauge the success of its video marketing campaign, it turned to Canadian video analytics startup Vidyard. Chinese technology smuggler sentenced to 3 years DENVER (Reuters) - A Chinese citizen convicted of trying to smuggle American-made radiation-hardened microchips from California to China was sentenced Wednesday to three years in U.S. prison. China Mobile chairman says still in talks with Apple on iPhone deal TAIPEI (Reuters) - China Mobile Ltd said it's still in talks with Apple Inc to sell iPhones amid mounting industry speculation that the pair are about to announce a deal to net the technology giant hundreds of millions of potential new customers. Oracle's new software sales fell 1 percent in second quarter SAN FRANCISCO (Reuters) - Oracle Corp on Wednesday reported a 1 percent decrease in new software sales and Internet-based software subscriptions but quarterly revenue and earnings per share exceeded analysts' expectations. Italy revises 'Google tax' to exclude goods purchased online ROME (Reuters) - Italian lawmakers have revised proposed legislation that would raise revenue from online companies including Google and Amazon, but its passage is still uncertain as the leader of the main ruling party said it should be scrapped. Exclusive: Telefonica gets time to loosen grip in Brazil MADRID (Reuters) - Telefonica has been given 18 months to loosen its grip on the Brazilian mobile phone market, sources said, time which may help the Spanish group ward off an investor rebellion against its strategy. IT problems delay efforts to compare risk at global banks LONDON (Reuters) - Regulators will take longer than expected to assess risk at a third of the world's biggest banks because of IT delays, banking supervisors said on Wednesday. BA eases curbs on handheld devices during take-off LONDON (Reuters) - British Airways is to become the first airline in Europe to allow their passengers to keep their phones and tablet computers switched on throughout their journey, the company said on Wednesday. Related Video Tongue tip technology drives quadriplegic independence Lab-grown kidney a potential game-changer for renal patients Mediafile 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