Τρίτη, 4 Οκτωβρίου 2011

Fwd: Technology Report: Microsoft CEO bonus lags on phone, tablet results





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10/3/2011
News Good afternoon John
Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month.

HP said its 25.50 pounds-per-share cash offer -- representing a 79 percent premium that many HP shareholders found excessive -- had been accepted by investors representing 87.34 percent of the company's shares, well ahead of the 75 percent threshold needed.

The rushed announcements and concerns about the lofty price offered for Autonomy sent HP's stock, and Apotheker's credibility, plunging. But according to analysts, it would have been nearly impossible under British takeover rules for HP to extract itself from the Autonomy deal.

Tim Cook finally gets his chance to stride out from under Steve Jobs' shadow, and he could not have picked a better time or device to mark his unofficial debut as Apple Inc's CEO. The latest generation of the iPhone -- still the smartphone industry's gold standard after four years -- is expected to see the light of day this Tuesday, just in time for the holidays.

FT says Apple's iPhone 5 debut is "the latest sign that Silicon Valley is taking on a fresh mantle of Smartphone Valley."

WSJ MarketBeat editor Mark Gongloff says that there is little pre-event buzz ahead of the iPhone 5 event and believes a factor is that Apple's competitors such as Google and Amazon are catching up.

Rhapsody, which is the largest U.S. digital music service with 800,000 subscribers, said Monday it would take over Napster, which is currently owned by retailer Best Buy Co Inc.

Reuters blogger Felix Salmon looks at a new study that suggests nearly half the content produced on Twitter comes from just 20,000 "elite users."
LATEST NEWS
Microsoft CEO bonus lags on phone, tablet results
October 03, 2011 05:54 PM ET
SEATTLE (Reuters) - Microsoft Corp Chief Executive Steve Ballmer failed to clinch his maximum bonus for the second year running due to the company's slow progress in mobile phones and adapting to the tablet computer revolution. | Full Article
Yahoo joins ABC in online news partnership
October 03, 2011 01:26 PM ET
(Reuters) - Yahoo Inc struck a deal with ABC to use the media company's news on its website and to jointly produce journalism projects as well as sell Web advertising. | Full Article
Rhapsody snaps up Napster to build market share
October 03, 2011 02:49 PM ET
(Reuters) - Two of the longest-running names in digital music, Rhapsody and Napster, are combining in a bid to grow market share and stay ahead of newer rivals like Spotify, Rdio and MOG. | Full Article
Oracle's Ellison shows off new tech hardware
October 03, 2011 02:43 PM ET
SAN FRANCISCO (Reuters) - Oracle chief executive Larry Ellison unveiled new all-in-one data center products as the world's No.3 software maker steps up its move into the hardware market. | Full Article
Banks pull Wall Street to 13-month low on Europe fears
October 03, 2011 05:57 PM ET
NEW YORK (Reuters) - Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail. | Full Article
BUSINESS NEWS
Manufacturing may help fight off new recession
October 03, 2011 03:12 PM ET
WASHINGTON (Reuters) - Manufacturing grew more quickly in September as production and hiring increased, suggesting that factories would help keep the economy from slipping into a new recession. | Full Article
Greek gloom shakes global markets, troubles lenders
October 03, 2011 05:05 PM ET
ATHENS (Reuters) - Greece's admission that it will miss its fiscal deficit target this year, despite ever deeper cost-cutting measures, provoked a sharp sell-off in stock markets on Monday and raised new doubts over a planned second international bailout. | Full Article
AMR shares tumble 41 percent on bankruptcy fears
October 03, 2011 05:17 PM ET
(Reuters) - Shares of American Airlines parent AMR Corp fell as much as 41 percent on Monday on growing fears the third-largest U.S. airline is headed for bankruptcy, although the carrier said Chapter 11 is "not our goal." | Full Article
Bank stocks drop on fears of European contagion
October 03, 2011 04:59 PM ET
(Reuters) - Large U.S. bank stocks fell sharply on Monday on concerns that lenders like Citigroup Inc and Morgan Stanley may face more earnings setbacks from the debt crisis in Europe. | Full Article
Obama's jobs bill falls to pieces in Congress
October 03, 2011 06:02 PM ET
WASHINGTON (Reuters) - President Barack Obama's job-creation package effectively fell to pieces on Monday as a top Republican lawmaker said the House of Representatives will only pass portions of the $447 billion measure. | Full Article
U.S. TOP NEWS
Italian court clears Amanda Knox of murder
Obama and Republicans cooperate to move trade pacts
Senate aims at China's yuan with eye on jobs
Libya interim forces intensify attack on Sirte
Crunchy crickets going mainstream in Australia
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