Source Match Electronics News
EU offers Google last chance in antitrust case
BRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine. Even if the world's most popular search engine offers concessions to resolve the issue, it will still be under the EU spotlight following fresh complaints over its Android mobile software, the top operating system for Internet-enabled smartphones. ...
Facebook snaps up social gifting app Karma
Larson Electronics' Magnalight.com Announces Addition of Adjustable Surface Mount LED Light Pole
Some HTC phones released from Customs after Apple patent ploy stalls shipments
HTC on Sunday announced that some of its smartphones have already been inspected by United States Customs and have been released to carriers. The Taiwan-based vendor hit a roadblock last week when its devices were held up in Customs due to an ongoing legal dispute with Apple. “Each imported HTC model must be reviewed by Customs and will be released once Customs officials have completed the inspection,” the company wrote on its website. “Some models have gone through inspection and been released to our carriers customers. We don’t have the status of each specific device model at this time, but we are working closely with Customs. We remain confident that this issue will be resolved soon.” Earlier reports suggested that HTC
Suicide bomber kills at least 96 in Yemen; al-Qaida claims responsibility
Former Yahoo CEO steps down from Splunk board
Ahead of the Bell: Facebook below IPO price
Ahead of the Bell: Facebook below IPO price
Ahead of the Bell: Watching Facebook after the IPO
Ultra Electronics - Blocklisting Interim Review
Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
China approves Google’s Motorola buy, demands Android remain open
The United States Department of Justice approved Google’s $12.5 billion acquisition of Motorola Mobility this past February, but the massive deal awaited the blessing of one more major regulatory body before it could go through. This past weekend, China’s Ministry of Commerce followed the DOJ’s lead and granted Google permission to acquire the struggling vendor. China’s MOC did have a condition Google must honor if it moves forward with the deal, however: Android must remain open-source and freely available. Google announced last August that it intended to acquire Motorola Mobility for $12.5 billion, and the deal is expected to close in the coming months.
Gay advocates urge no prison time for Rutgers student
NEW BRUNSWICK, New Jersey (Reuters) - A former Rutgers University student faces up to 10 years in prison at his sentencing on Monday for hate crimes after spying on his roommate's gay tryst, but many gay advocates are calling for no time behind bars. Tyler Clementi, 18, committed suicide in 2010 after learning that Dharun Ravi used a computer-mounted camera to see him kissing an older man in their dorm room and used social media to encourage others to watch. ...
Google says disagrees with EU antitrust opinion
EU gives Google 'weeks' to ease antitrust concerns
EU gives Google 'weeks' to ease antitrust concerns
Miss. prison riot leaves guard dead, 8 hurt
If Facebook hosted a constitutional convention
Spectacular 'Ring of Fire' Solar Eclipse Caught on Video
New app identifies faces in photos
Allied Electronics Steps Up to the Plate for Customers
Nasdaq 'Embarrassed' Over Facebook IPO Tech Glitches
Nasdaq 'Embarrassed' Over Facebook IPO Tech Glitches
Pakistan briefly bans Twitter access for "blasphemy"
Mashable Weekend Recap: 50 Stories You Might Have Missed
Apple,Samsung CEOs in U.S. court talks over patent row
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd come face to face on Monday in court-directed mediation in the United States over a dispute in which the iPhone maker claims the Korean firm has "slavishly" copied some of its products. Apple's Tim Cook and Samsung's Choi Gee-sung have been instructed by a federal judge to appear for mediation in San Francisco to help resolve the bitter patent litigation between the two firms. The U.S. ...
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 $2.3 billion in equity to partly finance its deal with Yahoo Inc., two sources said. Entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Alibaba is looking to raise about a third of the $7.1 billion through issuance of equity to shareholders, one of the sources told Reuters. ...
See the First Trailer for the Next James Bond Movie, Skyfall [VIDEO]
Metro bus driver fatally shot by passenger in LA
Pakistan blocks Twitter over contentious tweets
Alibaba Buys Back 20 Percent Stake From Yahoo for $7.1 Billion