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Reuters - Sunday, November 14
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Google and Facebook rivalry takes centerstage
SAN FRANCISCO - The technology industry's latest rivalry takes centerstage next week when Internet powers Google Inc <GOOG.O> and Facebook lay out their competing visions to create a new generation of Web services at a high-profile conference in San Francisco. The relationship between the two Internet icons has become increasingly confrontational, and the battle will likely intensify on Monday when Facebook is expected to introduce a revamped version of its messaging technology that could pose a challenge to Google's Gmail.
Facebook to revamp messaging service: source
SAN FRANCISCO - Facebook will unveil changes to its messaging system at a press event on Monday, according to a person familiar with the matter. The changes to the messaging service will be "across the board," the person said, a move that could further escalate the competition between the world's No. 1 Internet social networking site and Google Inc <GOOG.O>.
Nicaragua, Costa Rica urged to pull back in river spat
SAN JOSE, Costa Rica - The Organization of American States urged Nicaragua and Costa Rica on Saturday to withdraw their security forces from a disputed river border in a spat that forced Google to correct its maps of the area. Costa Rica accused Nicaragua of deploying troops inside its territory last month in a dredging operation around a island in the San Juan River that has been the source of friction for more than a century.
Oracle case winds down without HP CEO
OAKLAND - Oracle Corp plans to rest its high profile copyright case against SAP AG early next week without the testimony of Hewlett Packard Co CEO Leo Apotheker, attorneys for the company said on Friday. However, Oracle attorney David Boies said they still may play Apotheker's videotaped deposition during their rebuttal case on the last day of trial -- if they are unable to serve him with a subpoena.
Cisco hires former Apple executive Papermaster
SAN FRANCISCO - Cisco Systems Inc <CSCO.O> has hired former Apple Inc <AAPL.O> executive Mark Papermaster, who left that company weeks after it was rocked by the "Antennagate" controversy on the latest iPhone. Cisco said on Friday Papermaster has joined the networking giant as vice president of its silicon switching technology group.
Acer, Ferrari unveil joint smartphone model
HELSINKI - Ferrari and Acer <2353.TW> unveiled on Friday a joint new smartphone model using Google's <GOOG.O> Android software, hoping to boost its so far limited role in the increasingly crowded smartphone market. The version of Acer's Liquid model -- with production limited to 200,000 -- will be Ferrari branded and sold with pre-loaded content from the company and its racing team.
James Murdoch says apps cannibalize newspapers
MONACO - Sales of newspaper apps for devices like the Apple <AAPL.O> iPad are cannibalizing sales of physical newspapers, James Murdoch, head of News Corp's <NWSA.O> operations in Europe and Asia, said on Friday. News Corp in June closed its free Times of London website. The Times, the Sunday Times and Britain's best-selling Sunday tabloid the News of the World -- also owned by News Corp -- are now available online only to paying subscribers.
Newsweek and Daily Beast agree merger
NEW YORK and magazine Newsweek have agreed a deal to combine, Daily Beast co-founder and editor Tina Brown said, just weeks after abandoning merger talks. The agreement will combine the two groups in a 50-50 joint venture called the Newsweek Daily Beast Company. Management will report to an independent board.
Fund manager Heebner turns back on Apple
BOSTON - Investment manager Ken Heebner, whose CGM Focus portfolio once ranked among the world's best mutual funds, dumped nearly all of his holdings in Apple Inc <AAPL.O>. during the third quarter, a securities filing shows. Apple's share price is off 3.17 percent at $306.63, and market analysts reason that Heebner's decision may have put pressure on the stock price.
Intel raises dividend and signals healthy growth
SAN FRANCISCO - Intel Corp <INTC.O> is boosting its quarterly dividend by 15 percent, a move seen by investors as a sign that the world's largest chipmaker is on track for healthy growth. The dividend hike, which sent Intel shares up nearly 2 percent, also reflects a growing trend among technology giants like Cisco Systems Inc <CSCO.O> to give back more cash to shareholders following belt-tightening during the global economic slump.
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US-TECH Summary Reuters - Saturday, November 13
Oracle case winds down without HP CEO Reuters - Saturday, November 13
Google and Facebook rivalry takes centerstage Reuters - Saturday, November 13
Cisco hires former Apple executive Papermaster Reuters - Saturday, November 13
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