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  • Crackle streaming service acting like TV network

    Associated Press - Tue, Apr 14, 2015

    NEW YORK (AP) — The Crackle video streaming service, known best for Jerry Seinfeld's motorized interview series with fellow comics, says it wants to be more like a traditional television network. More »Crackle streaming service acting like TV network

  • Ohio panel OKs measure saying Connecticut not 1st in flight

    Associated Press - Tue, Apr 14, 2015

    COLUMBUS, Ohio (AP) — An Ohio House panel has approved a resolution rejecting Connecticut's insistence that one of its aviators beat the Wright brothers to the first successful airplane flight by two years. More »Ohio panel OKs measure saying Connecticut not 1st in flight

  • Papal iPad fetches $30,500 at auction in Uruguay

    Reuters - Tue, Apr 14, 2015

    An Apple iPad which belonged to Pope Francis fetched $30,500 (20,635 pounds) at auction on Tuesday, with proceeds going to a school for the poor in Uruguay, the local auction house selling the item said. The Castells auction house in Montevideo said the winning bid was placed by telephone, but declined to disclose the buyer's identity or nationality. It is not the first time Pope Francis, who has often criticized orthodox market economics for fostering inequality, has donated a personal belonging. "May you do something good with it," Uruguayan priest Gonzalo Aemilius recalled being told by the Argentina-born pope when he handed over the iPad. More »Papal iPad fetches $30,500 at auction in Uruguay

  • Industry: Digital music sales match physical for 1st time

    Associated Press - Tue, Apr 14, 2015

    LONDON (AP) — Revenue from digital music matched that from physical albums and discs for the first time in 2014, a global industry body said Tuesday. More »Industry: Digital music sales match physical for 1st time

  • Nokia in talks to buy Alcatel-Lucent; France backs deal

    Reuters - Tue, Apr 14, 2015

    By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) - Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent , a deal combining the industry's two weakest players that is backed by the French government but could pose challenges in cutting costs. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent". Shares in Alcatel, a group worth about 11 billion euros (8 billion pounds) based on Monday's closing share price, rose about 16 percent. Shares in Nokia, worth about 29 billion euros, fell as much as 7 percent in morning trade before paring back losses to end down 3.6 percent. More »Nokia in talks to buy Alcatel-Lucent; France backs deal

  • Nokia in advanced talks to buy Alcatel-Lucent

    Associated Press - Tue, Apr 14, 2015

    Nokia revealed Tuesday it's in advanced talks to buy the ailing French telecoms company Alcatel-Lucent, an apparent bid to become a leading global networks operator. Hopes for a deal were boosted by news ... More »Nokia in advanced talks to buy Alcatel-Lucent

  • Tablet for 2 waiting at an Olive Garden near you soon

    Associated Press - Tue, Apr 14, 2015

    NEW YORK (AP) — Olive Garden has a tablet for two waiting for you. More »Tablet for 2 waiting at an Olive Garden near you soon

  • Alcatel-Lucent bonds jump on Nokia merger talk

    Reuters - Tue, Apr 14, 2015

    Alcatel-Lucent, rated B by S&P and B3 by Moody's, saw its 6.45% 2029 bonds jump 7.5 points to 111 from 103.5 late on Monday, a trader said. The companies said in a joint statement today they were in talks for a "full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent". Reuters reported that French Economy Minister Emmanuel Macron had given his backing to Nokia's plan to buy the French company, saying it offered a chance to reconquer lost markets and create a European leader in telecoms equipment. More »Alcatel-Lucent bonds jump on Nokia merger talk

  • Trade group challenges net neutrality rules in court

    Reuters - Tue, Apr 14, 2015

    (Reuters) - Telecom industry trade group CTIA filed a lawsuit challenging the Federal Communications Commission's decision to impose net neutrality rules and reclassifying mobile broadband as a common carrier utility. Net neutrality rules prevent broadband providers from blocking or slowing any internet traffic and from striking deals with content companies for smoother delivery to consumers. The suit was filed with the D.C. Circuit Court of Appeals on Tuesday. (Reporting By Lehar Maan in Bengaluru; Editing by Don Sebastian) More »Trade group challenges net neutrality rules in court

  • Alcatel convertible bonds rally on Nokia takeover bet

    Reuters - Tue, Apr 14, 2015

    By Alasdair Pal and Francesco Canepa LONDON (Reuters) - Alcatel Lucent's convertible bonds rallied to record highs on Tuesday as hedge funds and other investors bet on a takeover of the telecoms equipment maker by Nokia, hoping for a windfall profit. Alcatel's three convertible bonds (CB) had surged by between 20 percent and 33 percent by 1357 GMT after the French company entered talks with Nokia about being acquired by its larger Finnish rival .  If Alcatel is taken over, holders of its convertible bonds will have their notes swapped 'at par', giving them a discount of between 32 and 40 percent to the company's stock price, according to the bonds' terms. More »Alcatel convertible bonds rally on Nokia takeover bet

  • India's Flipkart ends talks to join Bharti Airtel marketing platform

    Reuters - Tue, Apr 14, 2015

    By Aman Shah and Nivedita Bhattacharjee MUMBAI (Reuters) - India's largest online marketplace Flipkart said on Tuesday it would end talks with mobile operator Bharti Airtel Ltd to join its new marketing platform for mobile application makers. Flipkart was in negotiations to join Bharti's Airtel Zero platform, where mobile application makers pay for data usage, which then enables customers to use applications for free. "We will be walking away from the ongoing discussions with Airtel for their platform Airtel Zero," Flipkart said in a statement. "We will be committing ourselves to the larger cause of net neutrality in India." This has prompted debate in India on social media, with activists and users arguing that such platforms go against the concept of net neutrality, where all traffic on the Internet is treated equally. More »India's Flipkart ends talks to join Bharti Airtel marketing platform

  • France says Alcatel can reconquer lost markets with Nokia tie-up

    Reuters - Tue, Apr 14, 2015

    French Economy Minister Emmanuel Macron gave his backing to Nokia's plan to buy Alcatel-Lucent of France on Tuesday, saying it offered a chance to reconquer lost markets and create a European leader in telecoms equipment. Speaking after a meeting between the heads of the two companies and President Francois Hollande, Macron also pledged there would be no job cuts among the 6,000 Alcatel-Lucent employees in France, and said the combined group planned to base research and development operations in France. "It's a good move for Alcatel-Lucent because it is a move for the future, because we are building, with this tie-up, a new conquest for Alcatel-Lucent, which was a company in great difficulty two years ago." Nokia announced earlier on Tuesday it was in talks to buy Alcatel-Lucent. More »France says Alcatel can reconquer lost markets with Nokia tie-up

  • French government wants details of Nokia-Alcatel merger plan quickly

    Reuters - Tue, Apr 14, 2015

    French Labour Minister Francois Rebsamen said the government wanted to know more about Nokia and Alcatel-Lucent's plans to merge and see whether the transaction would lead to a European champion in the sector. More »French government wants details of Nokia-Alcatel merger plan quickly

  • Hackers keep trying new targets in search of easy data

    Associated Press - Tue, Apr 14, 2015

    SAN FRANCISCO (AP) — The health care sector has become the hot target for hackers in recent months, according to researchers at Symantec, a leading cybersecurity company that says it's also seeing big increases in "spear-phishing," ''ransomware" and efforts to exploit newly discovered vulnerabilities in software used by a wide range of industries. More »Hackers keep trying new targets in search of easy data

  • Indian dining app Zomato moves beyond reviews with Maple deal

    Reuters - Tue, Apr 14, 2015

    By Nivedita Bhattacharjee MUMBAI (Reuters) - Zomato, one of India's biggest internet companies, has acquired cloud-based data firm MaplePOS to expand from restaurant reviews to online orders and payments, a top executive said on Tuesday. "We are getting into table reservations and online ordering, so you need a very strong hold into the tech that our users need," Chief Executive Deepinder Goyal told Reuters. The company will start its online ordering services with around 4,000 restaurant partners, aiming to take that to over 10,000 in India eventually. Zomato currently has 60,000 restaurant partners in India, the company said. More »Indian dining app Zomato moves beyond reviews with Maple deal

  • Nokia, Alcatel-Lucent pick investment banks on deal talks

    Reuters - Tue, Apr 14, 2015

    LONDON (Reuters) - Finland's Nokia is being advised by JP Morgan on its potential takeover of French peer Alcatel-Lucent , said a person familiar with the matter. Alcatel-Lucent is being advised by boutique investment firm Zaoui & Co. JP Morgan declined to comment. (Reporting by Sophie Sassard; Writing by Leila Abboud; Editing by Geert De Clercq) More »Nokia, Alcatel-Lucent pick investment banks on deal talks

  • Nokia, Alcatel-Lucent CEOs to meet with France's Hollande

    Reuters - Tue, Apr 14, 2015

    PARIS (Reuters) - The chief executives of Nokia and Alcatel-Lucent are set to meet French President Francois Hollande on Tuesday after the telecommunications equipment makers said they were in advanced tie-up talks, a source at the French presidency said. The government would be keen to see the creation of an industrial powerhouse but is concerned about the impact on French jobs, an Economy Ministry source said earlier. (Reporting by Elizabeth Pineau; writing by Leigh Thomas; editing by Geert De Clercq) More »Nokia, Alcatel-Lucent CEOs to meet with France's Hollande

  • Opera Software targets 350 million mobile browser users in 2017

    Reuters - Tue, Apr 14, 2015

    Norway's Opera Software on Tuesday launched a new version of the Opera Mini browser for Android phones, hoping to more than double its smartphone user base by the end of 2017. Google's Android is the most widely used operating system among mobile phone makers. With the launch of Mini 8, Opera aims to lift its smartphone user base to 275 million by 2017 from the current 130 million, increasing the total to 350 million when including around 75 million users of less advanced feature phones. Smartphone customers generally do much more online surfing, making them far more valuable than users of feature phones although Opera Software doesn't give revenue figures per user. More »Opera Software targets 350 million mobile browser users in 2017

  • China's cyber laws could saddle firms with redundant data centres - U.S. lobby

    Reuters - Tue, Apr 14, 2015

    Chinese restrictions on transferring data overseas would burden firms with building "redundant" data centres in China and hamper domestic companies expanding abroad, the American Chamber of Commerce in China said on Tuesday. China has introduced a series of policies in recent years to keep financial and personal data such as credit history and health records on Chinese soil, particularly since intelligence contractor Edward Snowden disclosed details of U.S. spying. China is not alone in weighing such measures, with countries including Russia, Germany and Brazil ratifying or extensively debating similar proposals in response to the spying. Technology companies, on the other hand, said such localisation would lead to inefficiency, with U.S. search giant Google Inc saying it would result in the "balkanisation", or fragmentation, of the Internet. More »China's cyber laws could saddle firms with redundant data centres - U.S. lobby

  • Nokia in advanced talks to merge with Alcatel-Lucent

    Associated Press - Tue, Apr 14, 2015

    Nokia says it is in advanced discussions to acquire the French telecommunications company Alcatel-Lucent. In a brief statement Tuesday, the Helsinki-based mobile technology concern said the two companies ... More »Nokia in advanced talks to merge with Alcatel-Lucent

  • French government says no immediate reaction to Nokia-Alcatel talks

    Reuters - Tue, Apr 14, 2015

    PARIS (Reuters) - France's economy ministry said on Tuesday that it had no immediate reaction to Nokia and Alcatel-Lucent's announcement that the two telecom equipment makers were in advanced tie-up talks. (Reporting by Leigh Thomas; editing by Geert De Clercq) More »French government says no immediate reaction to Nokia-Alcatel talks

  • Utility Enel considers joining Italy's broadband market -sources

    Reuters - Tue, Apr 14, 2015

    (This story corrects the APRIL 13 story to show state's Enel stake 25.5 percent, not 30 percent, in the fifth paragraph) By Stephen Jewkes and Danilo Masoni MILAN (Reuters) - Italy's biggest utility Enel is considering entering the broadband telecommunications market, three sources close to the matter said on Monday, as the government looks to kick start a 12 billion euro plan to roll out fast networks across the country. The sources did not disclose a figure, but said it was unlikely debt-laden Enel would put money into laying fibre cables. "Enel would make its infrastructure available... to help speed up the process of digitalisation," one of the sources said, asking not to be named because no decision has yet been made. "Enel could provide its cutting edge digital metering technology," a second source said. More »Utility Enel considers joining Italy's broadband market -sources

  • Google Malaysia service disrupted by hackers

    Reuters - Tue, Apr 14, 2015

    Internet users were denied access to Google Inc's Malaysia website on Tuesday, and were redirected to a hacked page saying "Google Malaysia Hacked by Tiger-Mate #Bangladeshi Hacker". The company has reached out to the organisation that manages the domain name to resolve the issue, MYNIC, a Google Malaysia spokesperson said in a statement to Reuters. MYNIC is operated by the country's ministry of communications and multimedia, and is the administrator for all websites ending with ".my", according to the company's website. The website for Malaysia Airlines experienced a similar problem in January, but the airline quickly reassured users that their bookings and private data had not been compromised. More »Google Malaysia service disrupted by hackers

  • Quindell names Mark Williams as finance director

    Reuters - Tue, Apr 14, 2015

    (Reuters) - Quindell Plc, a British technology and outsourcing company, named Mark Williams as finance director and said he would take on the role after the completion of the sale of its professional services division. Slater & Gordon said in March that it had agreed to buy the Quindell unit for $928.1 million (632.8 million pounds). More »Quindell names Mark Williams as finance director

  • Under fire from U.S. group, Alibaba says fighting counterfeit goods

    Reuters - Tue, Apr 14, 2015

    By Paul Carsten BEIJING (Reuters) - Alibaba Group Holding Ltd said it had a range of measures to fight counterfeits on its websites - remarks that come after a trade group requested U.S. government help in prodding the Chinese e-commerce giant into action against fake goods. In the latest flare up over the issue, the American Apparel & Footwear Association (AAFA) said in an April 8 letter to U.S. Trade Representative Michael Froman it was convinced Alibaba was either incapable or not interested in addressing the problem. More »Under fire from U.S. group, Alibaba says fighting counterfeit goods

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