Technology News

Facebook's Zuckerberg calls for U.S. immigration reform

SAN FRANCISCO | Thu Apr 11, 2013 1:26pm EDT SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said the U.S. needs to fix a "strange" immigration policy that prevents promising but undocumented students from contributing to the country's future and doesn't provide enough visas for foreign workers with advanced skills. "We have a strange immigration polic...

11 Apr 5:26 PM 0 Read More...

Time Warner hires Eastdil to market its New York headquarters

By Ilaina Jonas NEW YORK | Thu Apr 11, 2013 12:41pm EDT NEW YORK (Reuters) - Time Warner Inc said on Thursday that it has hired Eastdil Secured LLC's Doug Harmon to market its headquarters to determine how much the building would fetch should the company decide to sell it. The media conglomerate's 1.1 milli...

11 Apr 4:41 PM 0 Read More...

Venture firm Andreessen Horowitz hires software veteran as adviser

SAN FRANCISCO | Thu Apr 11, 2013 12:31pm EDT SAN FRANCISCO (Reuters) - Venture-capital firm Andreessen Horowitz has added software veteran Kenneth Coleman to its roster of advisers, bringing expertise in a hot area for start-ups to one of Silicon Valley's most aggressive venture firms. Coleman, 70, will provide mentorship, introductions and advice to Andreesen Horowitz port...

11 Apr 4:31 PM 0 Read More...

Backer defends virtual currency Bitcoin after big fall

By Tommy Wilkes LONDON | Thu Apr 11, 2013 12:12pm EDT LONDON (Reuters) - The volatility of virtual currency Bitcoin is a sign of "growing pains" rather than fundamental problems, its backer said on Thursday, a day after the currency lost 50 percent in value. Dismissed by some as a Ponzi Scheme and touted by others as the future of money, the price of a coin plunged ...

11 Apr 4:12 PM 0 Read More...

Telecom Italia directors to consider Hutchison proposal-sources

By Lisa Jucca and Danilo Masoni MILAN | Thu Apr 11, 2013 12:05pm EDT MILAN (Reuters) - Telecom Italia (TLIT.MI) has asked Chairman Franco Bernabe and four board members to assess proposals for a merger with Hutchison Whampoa's (0013.HK) local mobile phone unit 3 Italia, three sources familiar with the situation said on Thursday. Earlier this week sources with knowle...

11 Apr 4:05 PM 0 Read More...

Telecom Italia boss, directors to explore three Italia merger option: sources

By Stefano Rebaudo and Lisa Jucca MILAN | Thu Apr 11, 2013 5:26am EDT MILAN (Reuters) - Telecom Italia's board (TLIT.MI) met on Thursday to discuss a potential tie-up with Hong Kong's Hutchison Whampoa (0013.HK), which sources say wants nearly 30 percent of the Italian firm. Telecom chairman Franco Bernabe, under pressure to improve margins at the debt-laden phone c...

11 Apr 2:42 PM 0 Read More...

Brazil says new 4G mobile band not ready for World Cup

By Alonso Soto and Leonardo Goy BRASILIA | Thu Apr 11, 2013 10:38am EDT BRASILIA (Reuters) - Visitors to Brazil for the 2014 soccer World Cup will not be able to use the latest wireless technology operating on a frequency used widely in the United States and Europe, the head of telecom regulator Anatel told Reuters. Anatel president Jõao Rezende said in an intervie...

11 Apr 2:38 PM 0 Read More...

Google submits formal concessions to EU in antitrust case

By Foo Yun Chee BRUSSELS | Thu Apr 11, 2013 10:01am EDT BRUSSELS (Reuters) - Google has formally submitted a package of concessions to European Union competition regulators, signaling that the world's No. 1 search engine may be able to settle a two-year antitrust investigation without a fine. Google first offered proposals at the end of January following a spate of ...

11 Apr 2:01 PM 0 Read More...

Brazil says 4G wireless technology won't be ready for World Cup

BRASILIA | Thu Apr 11, 2013 8:33am EDT BRASILIA (Reuters) - Brazil will fail to implement so-called fourth-generation wireless technology in the 700 megahertz spectrum used elsewhere in the world in time for the 2014 soccer World Cup, the president of telecommunications industry regulator Anatel told Reuters. The situati...

11 Apr 12:33 PM 0 Read More...

Analysis: PayPal hopes to break shoppers' swipe habit in stores

By Alistair Barr SAN FRANCISCO | Thu Apr 11, 2013 8:08am EDT SAN FRANCISCO (Reuters) - PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough. The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with Discover Financial Services officially kicks in. The deal means PayPal wil...

11 Apr 12:08 PM 0 Read More...