Technology News

Mon, May 21, 2012

Apple seeks support for new spaceship-like campus

By Poornima Gupta

SAN FRANCISCO (Reuters) - Apple Inc's chief financial officer is asking the residents of Cupertino, California, to support the company's ...

Mon, May 21, 2012

Early Facebook mutual fund buyers still in money

By Ross Kerber

(Reuters) - Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite ...

Mon, May 21, 2012

Apple, Samsung CEOs in U.S. court talks on patents

By Dan Levine

SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd were summoned for court-directed mediation on Monday ...

Mon, May 21, 2012

Some investors still await confirmation on Facebook orders

By Jessica Toonkel

NEW YORK (Reuters) - Some customers of Fidelity Investments, Morgan Stanley and Charles Schwab are still waiting to see if their trades ...

Mon, May 21, 2012

EU offers Google last chance in antitrust case

By Foo Yun Chee

BRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter ...

Mon, May 21, 2012

New app identifies faces in photos

By Natasha Baker

TORONTO (Reuters) - Imagine taking a snapshot of a group of friends and having your smartphone instantly reveal the identity of everyone ...

Mon, May 21, 2012

Pakistan briefly bans Twitter access for "blasphemy"

ISLAMABAD (Reuters) - Pakistan banned access to Twitter on Sunday because of "blasphemous" material, a Pakistani official said, but normal service was resumed after 12 ...

Mon, May 21, 2012

Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources

SINGAPORE/HONG KONG (Reuters) - Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings , to raise about ...

Sun, May 20, 2012

Nasdaq to revamp system after tech problems on Facebook IPO: WSJ

(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of ...

Sun, May 20, 2012

Facebook shares sink 11 percent as reality overtakes hype

By Chuck Mikolajczak and John McCrank

(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the ...