WEBSITE OF THE DAY: Luv and Hat
Pocket-lint - Fri, May 25, 2012Disagreement can be a good thing More »WEBSITE OF THE DAY: Luv and Hat
Developing
- Strauss Scores Century As England Close On 259-2Sky News - 26 minutes ago
- Dozens Of Children Killed In Syria MassacreSky News - 34 minutes ago
- Clegg's Home Targeted By Anti-Cuts ProtestersSky News - 38 minutes ago
- Harlequins Beat Leicester 30-23 To Win First Premiership TitleSky News - 50 minutes ago
- Huddersfield Promoted To ChampionshipSky News - 53 minutes ago
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Android 4.0 Ice Cream Sandwich: When is it coming to my phone?
Pocket-lint - Wed, May 23, 2012HTC and Sony updates More »Android 4.0 Ice Cream Sandwich: When is it coming to my phone?
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APP OF THE DAY: Mini Motor review (Android, iPhone and iPad)
Pocket-lint - Wed, May 23, 2012Top-down. Top app. More »APP OF THE DAY: Mini Motor review (Android, iPhone and iPad)
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China's CIC eyes up to $2 billion stake in Alibaba Group - sources
Reuters - Fri, May 25, 2012HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion (1.27 billion pounds) stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc. The involvement of CIC, China's giant sovereign wealth fund which manages around $410 billion in assets, underlines the significance of the deal Alibaba has struck with Yahoo, which returns voting control back to founder Jack Ma. ... More »China's CIC eyes up to $2 billion stake in Alibaba Group - sources
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GSK to drop Human Genome bid if "poison pill" stands
Reuters - Wed, May 23, 2012LONDON (Reuters) - GlaxoSmithKline said it would not proceed with its $2.6 billion offer for Human Genome Sciences unless the U.S. biotechnology company dropped a "poison pill" shareholder rights plan imposed to block the deal. Human Genome adopted the stockholder rights plan earlier this month in an attempt to ward off GSK in what is becoming an increasingly acrimonious battle between the companies that together sell new Lupus drug Benlysta. The British company is taking its $13-a-share offer direct to investors after Human Genome's board said it was inadequate. ... More »GSK to drop Human Genome bid if "poison pill" stands
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SpaceX rocket lifts off for space station trial run
Reuters - Wed, May 23, 2012CAPE CANAVERAL, Florida (Reuters) - An unmanned rocket owned by privately held Space Exploration Technologies blasted off from Cape Canaveral Air Force Station on Tuesday on the first commercial flight to the International Space Station. The 178-foot (54-meter) tall Falcon 9 rocket lifted off at 3:44 a.m. (08:44 GMT) from a refurbished launch pad just south of where NASA launched its now-retired space shuttles. Less than 10 minutes later, the rocket delivered its cargo - a Dragon capsule with 1,200 pounds (544 kg) of supplies for the station crew - into orbit. ... More »SpaceX rocket lifts off for space station trial run
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SAP to buy Ariba, boosts cloud bet
Reuters - Wed, May 23, 2012SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion (2.73 billion pounds), its latest manoeuvre against Oracle in the fast-growing Internet-based computing market. SAP is taking aim at Oracle, the world's No. 2 maker of business management software, as they vie with Salesforce.com Inc in the multibillion dollar cloud-computing services market, one of the industry's hottest area of growth. ... More »SAP to buy Ariba, boosts cloud bet
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Dating websites get inventive with games, apps
Reuters - Tue, May 22, 2012NEW YORK (Reuters) - Nearly two decades since the start of online dating, the match-making sites that launched millions of relationships are spicing things up with online games and going high tech and offline to produce more happy ever afters. Games, apps and offline events are beginning to replace the ritual exchange of online messages, the basic tenet of online dating, and to blur the distinction between on-and-offline dating. Match.com, which boasts more than 1. ... More »Dating websites get inventive with games, apps
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Exclusive - Massachusetts subpoenas Morgan Stanley for Facebook
Reuters - Tue, May 22, 2012NEW YORK (Reuters) - Massachusetts Secretary of Commonwealth William Galvin has issued a subpoena to Morgan Stanley over an analyst's discussions with investors on Facebook "The Securities Division has put out a subpoena to Morgan Stanley in connection with the analyst's discussion with certain institutional investors about the revenue prospects for Facebook," a spokesman for Galvin's office said on Tuesday. "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs. ... More »Exclusive - Massachusetts subpoenas Morgan Stanley for Facebook
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Wall Street struggles to find Facebook's worth
Reuters - Tue, May 22, 2012NEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook Inc would be fairly priced at $9.59, according to the smattering of Wall Street estimates analyzed and modelled by Thomson Reuters StarMine. ... More »Wall Street struggles to find Facebook's worth
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SEC, FINRA to review Facebook issues, Nasdaq sued
Reuters - Tue, May 22, 2012(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 (19.67 pounds) on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ... More »SEC, FINRA to review Facebook issues, Nasdaq sued
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EU offers Google last chance in antitrust case
Reuters - Mon, May 21, 2012BRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behaviour and avoid formal charges and a possible fine. Even if Google, the world's most popular search engine, offers concessions to resolve the issue, it will still be under the EU spotlight after fresh complaints about its Android mobile software, the top operating system for Internet-enabled smartphones. ... More »EU offers Google last chance in antitrust case
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Facebook IPO shows galactic divide between investors
Reuters - Tue, May 22, 2012NEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, scepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ... More »Facebook IPO shows galactic divide between investors
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Nasdaq alters IPO procedures after Facebook glitch
Reuters - Mon, May 21, 2012NEW YORK (Reuters) - Nasdaq OMX Group Inc said it is changing its initial public offering trading procedures following glitches in Facebook Inc's market debut that left some traders unsure if their orders for shares had been completed. The exchange operator said in a statement on Monday that modifications to its IPO procedures would prevent a repetition of the Friday problems with Facebook. Nasdaq Chief Executive Robert Greifeld said in a conference call with reporters on Sunday that there had been a malfunction in the trading system's design for processing order cancellations. ... More »Nasdaq alters IPO procedures after Facebook glitch
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Alaskan ecologists see surge in Japan tsunami debris
AFP - Wed, May 23, 2012An "unprecedented" surge in debris from last year's Japanese tsunami is washing up on Alaska's coastline, environmentalists about to embark on a major cleanup operation said. More »Alaskan ecologists see surge in Japan tsunami debris
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Best photo editing apps for iPhone and iPad
Yahoo! Contributor Network - Tue, May 22, 2012When Apple announced the new iPad earlier this year, one area they focused on was photo editing. During the keynote, Apple's executives demonstrated iPhoto running on the iPad. At the time it was seen as a breakthrough in the evolution of the iPad, as it could be used for such an advanced task. Since then, several other applications have been released for iPhone, iPod touch and iPad that do the same job. More »Best photo editing apps for iPhone and iPad
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Top 10 travel apps for your iPhone
Yahoo! Contributor Network - Mon, May 21, 2012Whether taking a train within the UK or travelling abroad, the right iPhone app can make things a whole lot easier. Here are my top picks of the best travel apps for your iPhone. More »Top 10 travel apps for your iPhone
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Microsoft Office coming to iPad and Android tablets this November
Pocket-lint - Thu, May 24, 2012A change of heart? More »Microsoft Office coming to iPad and Android tablets this November
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Facebook exec ducks questions about IPO debacle
Reuters - Thu, May 24, 2012BOSTON (Reuters) - Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University students in her first public appearance since the company's disappointing initial public offering, but refrained from addressing the controversy around its messy, glitch-plagued debut. Instead, Sandberg urged students graduating this week from Harvard's business school to work for fast-growing companies, communicate honestly and address inequality in the workplace. ... More »Facebook exec ducks questions about IPO debacle
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Facebook told analysts to cut forecasts before IPO
Reuters - Wed, May 23, 2012(Reuters) - As Facebook Inc officials travelled the country to talk up the company's $16 billion initial public offering, the social networking giant advised analysts for underwriters to reduce revenue and earnings forecasts, according to people with direct knowledge of the matter. The advice came around May 9, the day the company published an amended prospectus that included a cautionary note about how Facebook's users were increasingly using mobile devices, which generate less advertising revenue for the company. ... More »Facebook told analysts to cut forecasts before IPO
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