Technology
Google, Under Attack, May Close China Site
The search giant has clashed with Chinese authorities and says other large companies have been targeted by 'sophisticated' attacks. It plans to stop censoring search results in China
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Google Phone Threatens Droid More Than iPhone
The only thing revolutionary about Google's Nexus One is its business model, says Rich Jaroslovsky
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Inotera Sees no Impact on Business from Micron CEO’s Death
Inotera Memories Inc. expects no impact on its operations after the death of Micron Technology Inc. Chief Executive Officer Steve Appleton.
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Micron appoints Durcan CEO after Appleton's death
SAN FRANCISCO (Reuters) - Memory chipmaker Micron Technology's board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash.
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Micron Technology CEO Steve Appleton Dies in Airplane Crash
Steve Appleton, who took charge of Micron Technology Inc. at 34 and went on to become the memory- chip industry’s longest-serving chief executive officer, died after crashing an experimental plane in Boise, Idaho. He was 51.
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CEO Appleton reflected Micron's high-risk business
The death of Micron Technology's CEO during a solo flight in a hard-to-handle aircraft symbolizes the risky memory chip market that is the company's bread and butter.
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CEO Appleton reflected Micron's risky existence
The death of Micron Technology's CEO during a solo flight in a hard-to-handle aircraft symbolizes the high-risk memory chip business that is the company's bread and butter.
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Micron Appoints Mark Durcan to CEO Role After Appleton’s Death
Micron Technology Inc. named Mark Durcan as its chief executive today, replacing Steve Appleton, who died yesterday after crashing an experimental plane.
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Why Apple's A5 is so big--and iPhone 4 won't get Siri
Noise-reduction technology from a start-up called Audience accounts for the size of the iPhone 4S chip and keeps Siri off the iPhone 4, analyst Linley Gwennap concludes.
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Blackstone Said to Eye Brocade Buyout as Deal Interest Fades
Blackstone Group LP, the world’s largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation.
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Lightspeed Said to Be Raising $875 Million for U.S., China Funds
Lightspeed Venture Partners, an investor in LivingSocial.com, has almost completed raising two funds, one in the U.S. and one in China, totaling about $875 million, according to two people with knowledge of the matter.
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Hacker Group Anonymous Intercepted U.S. Call Over Investigation
The U.S. government said the online hacker group Anonymous intercepted a telephone call between FBI agents and U.K. authorities involving a joint investigation of the group.
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AutoTrader.com Said to Be in Talks for Initial Offering
AutoTrader.com Inc., which runs a website linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge of the discussions said.
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White Male Facebook Board Prompts Questions
While most of Facebook’s more than 800 million users are women, and females are more active social networkers, the company’s board lacks women and minority members
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Telenor Seeks Norway’s Help After Cancellation of India Permits
Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.
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Panasonic Forecasts Record $10 Billion Loss on Floods, Charges
Panasonic Corp. almost doubled its annual loss forecast to a record 780 billion yen ($10 billion), the latest Japanese electronics company to predict weaker earnings because of Thailand floods and slowing demand for TVs.
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Orange Austria Deal May Need Changes for Antitrust Approval
Hutchison Whampoa Ltd. and Telekom Austria AG’s purchase of Orange’s Austrian mobile-phone assets may have to be amended to win European and Austrian approval, the country’s Federal Competition Authority said.
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JPMorgan, BofA Sued by New York Over Use of Mortgage Database
JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.
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Li’s Hutchison to Buy Orange Austria in $1.7 Billion Deal
Hong Kong billionaire Li Ka-shing’s Hutchison Whampoa Ltd. agreed to buy Orange Austria in a deal valued at 1.3 billion euros ($1.7 billion), adding to more than $31 billion of investments in overseas mobile-phone operations.
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AutoTrader.com Said to Be in Talks for Initial Public Offering
AutoTrader.com Inc., which runs a website linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge of the discussions said.
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The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more