Technology News

In political messaging wars, White House deploys a Twitter army

By Roberta Rampton WASHINGTON | Sun Nov 3, 2013 6:41pm EST WASHINGTON (Reuters) - Besieged by unflattering stories about the launch of President Barack Obama's healthcare program, the White House saw a news report that it wanted to swiftly knock down. It was from NBC, which said that Obama had overpromised when he said Americans who liked their insurance could keep ...

03 Nov 11:41 PM 0 Read More...

Chip designers see dollar signs in Bitcoin miners

By Noel Randewich SUNNYVALE, California | Sun Nov 3, 2013 10:32am EST SUNNYVALE, California (Reuters) - Tucked away in an air conditioned data center in Silicon Valley is a hodgepodge of black boxes, circuit boards and cooling fans owned by 27-year-old Aaron Jackson-Wilde, a modern-day prospector looking for Bitcoins. Since discovering the digital currency a few mon...

03 Nov 3:32 PM 0 Read More...

Swisscom builds 'Swiss Cloud' as spying storm rages

By Caroline Copley ZURICH | Sun Nov 3, 2013 10:18am EST ZURICH (Reuters) - Swisscom is building a "Swiss Cloud" that could loosen the grip of U.S. technology giants and attract foreign companies looking for a way to shield sensitive data from the prying eyes of foreign intelligence services. Companies are increasingly turning to cloud computing - an umbrella term fo...

03 Nov 3:18 PM 0 Read More...

Holocaust memorabilia found on eBay: UK newspaper report

LONDON | Sat Nov 2, 2013 11:03pm EDT LONDON (Reuters) - EBay has removed from its listings around 30 items of memorabilia from the Nazi Holocaust, including clothes worn by concentration camp victims, after a newspaper investigation discovered they were on sale on the e-commerce website, Britain's Mail on Sunday said. The newspaper said its reporters found a range of items ...

03 Nov 3:03 AM 0 Read More...

India asks IBM to pay $866 million in outstanding tax: reports

MUMBAI | Sat Nov 2, 2013 6:21am EDT MUMBAI (Reuters) - Indian tax authorities have asked IBM's Indian unit to pay 53.57 billion rupees ($866.20 million) in outstanding income tax on fiscal 2009 revenue, media reported on Saturday. In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice, but declined to comment on the amount of tax l...

02 Nov 10:21 AM 0 Read More...

Fairfax struggles to raise funds for BlackBerry bid: sources

By Soyoung Kim, Nadia Damouni and Nicola Leske NEW YORK | Fri Nov 1, 2013 6:13pm EDT NEW YORK (Reuters) - Fairfax Financial Holdings Ltd is struggling to raise financing for its $4.7 billion bid for BlackBerry Ltd, with several large banks reluctant to participate. The banks are concerned that the smartphone maker will not be able to reverse its rapidly declining fo...

01 Nov 10:13 PM 0 Read More...

Some Wall Street brokerages push up Twitter IPO targets

By Gerry Shih SAN FRANCISCO | Fri Nov 1, 2013 4:38pm EDT SAN FRANCISCO (Reuters) - Morningstar on Friday joined three other brokerages in setting price targets for Twitter Inc well above its IPO price range, suggesting the stock has room to rise at least 30 percent. The Wall Street brokerage on Friday set a...

01 Nov 8:38 PM 0 Read More...

Google's mystery barges revealed as luxury showrooms with party deck: report

By Alexei Oreskovic SAN FRANCISCO | Fri Nov 1, 2013 3:21pm EDT SAN FRANCISCO (Reuters) - Google Inc's mysterious barges, which prompted fevered speculation about everything from offshore data centers to floating research labs, may serve a more prosaic role as upscale party venues and showrooms. The multi-st...

01 Nov 7:21 PM 0 Read More...

Analysis - Facebook's ad warning sounds a note of caution for Twitter

By Gerry Shih SAN FRANCISCO | Fri Nov 1, 2013 1:13pm EDT SAN FRANCISCO (Reuters) - Facebook Inc's investors and other proponents of the social network like to say that it captures one of the greatest concentrations of human attention on the planet and thus offers a boundless opportunity for advertisers. But...

01 Nov 5:13 PM 0 Read More...

Vodafone rises on report of AT&T takeover interest

LONDON | Fri Nov 1, 2013 8:03am EDT LONDON (Reuters) - Shares in Vodafone Group rose on Friday after a media report that U.S. mobile operator AT&T was exploring strategies for a potential takeover of the British telecoms firm. AT&T Chief Executive Randall Stephenson has said there is a "huge opportunity" to invest in mobile broadband in Europe and he would buy wirel...

01 Nov 12:03 PM 0 Read More...