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Date: 2013-01-24
Technology News:
Company News:
CORRECTED-Cisco acquires minority stake in Parallels
US-RUSSIA-PARALLELS-CISCO:CORRECTED-Cisco acquires minority stake in Parallels
MOSCOW (Reuters) - Networking equipment company Cisco Systems Inc has acquired a small stake in Seattle-based software developer Parallels, Parallels said on Thursday.

Parallels said in a statement that Cisco has bought about 1 percent of the company and added that the stake sale does not ...


Telecom firms' spending on network gear seen picking up in 2013
US-TELECOMS-EQUIPMENT:Telecom firms' spending on network gear seen picking up in 2013
By Leila Abboud

PARIS (Reuters) - Telecom network operators are expected to increase their spending on equipment this year, giving a boost to vendors like Ericsson and Alcatel-Lucent after economic weakness caused a sharp market contraction in 2012.

Industry executive...


Cisco acquires minority stake in Parallels
US-RUSSIA-PARALLELS-CISCO:Cisco acquires minority stake in Parallels
MOSCOW (Reuters) - Networking equipment company Cisco Systems Inc has acquired a small stake in Seattle-based software developer Parallels, Parallels said on Thursday.

Parallels said in a statement that Cisco has bought about 1 percent of the company and added that the stake sale does not ...


Asian shares fall, choppy after China PMI, North Korea threat
US-MARKETS-GLOBAL:Asian shares fall, choppy after China PMI, North Korea threat
By Chikako Mogi

TOKYO (Reuters) - Asian shares fell on Thursday in choppy trade, as positive Chinese manufacturing data was eclipsed by North Korea threatening a nuclear test and on below-view results from Apple Inc <AAPL.O>.

"Markets see a global economic recov...


Former Myanmar telecoms minister faces probe: sources
US-MYANMAR-TELECOMS:Former Myanmar telecoms minister faces probe: sources
YANGON (Reuters) - Myanmar has launched an investigation into malpractice in the telecoms ministry and will question Thein Tun, who resigned as minister this month, along with top civil servants, a senior government official and two other sources said on Thursday.

"About 50 senior official...


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