Yes, But, However! » Technology and Science

Exclusive: SunGard explores $2 billion data unit sale – sources

Reuters — Tue, 18 Jun 2013 21:52:55 +0000

NEW YORK (Reuters) - SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter ...

Icahn seeks Dell share buyback, buys Southeastern stock

Reuters — Tue, 18 Jun 2013 21:45:09 +0000

(Reuters) - Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.

Google challenges surveillance court on First Amendment grounds

Reuters — Tue, 18 Jun 2013 21:35:18 +0000

SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal requests, on First Amendment grounds.

Adobe profit beats as Creative Cloud subscriptions soar

Reuters — Tue, 18 Jun 2013 21:30:27 +0000

(Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for Creative Cloud, the subscription-based version of its flagship software package.

Nvidia to license out graphics technology: CEO

Reuters — Tue, 18 Jun 2013 21:02:27 +0000

SAN FRANCISCO (Reuters) - Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.

Exclusive: Facebook reaches 1 million active advertisers

Reuters — Tue, 18 Jun 2013 20:32:51 +0000

(Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Huawei says has no plans to buy Nokia

Reuters — Tue, 18 Jun 2013 20:10:19 +0000

NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.

Toshiba to cut TV business costs by $104 million this fiscal year: Nikkei

Reuters — Tue, 18 Jun 2013 18:58:52 +0000

(Reuters) - Japan's Toshiba Corp plans to cut about 10 billion yen ($104 million) in costs this fiscal year by reorganizing its network of television factories in Indonesia, China and Poland, the Nikkei said, citing company sources.

GE moves into ‘Industrial Internet’ service with Amazon

Reuters — Tue, 18 Jun 2013 17:24:38 +0000

(Reuters) - General Electric Co joined forces with Amazon Web Services on Tuesday to make a wide range of data on products, including jet engines and gas turbines, available online so they can be analyzed.

Third Point ups Sony stake, calls for independent entertainment board

Reuters — Tue, 18 Jun 2013 16:54:31 +0000

TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman....