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Date: 2013-05-02
Technology News:
Company News:
Facebook's mobile business expands in first quarter
US-FACEBOOK-RESULTS:Facebook's mobile business expands in first quarter
By Alexei Oreskovic

(Reuters) - Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits.

...


IBM, Lenovo call off server deal talks -report
US-IBM-LENOVO:IBM, Lenovo call off server deal talks -report
SAN FRANCISCO (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesday.

Talks between the two companies w...


IBM, Lenovo call off server deal talks: report
US-IBM-LENOVO:IBM, Lenovo call off server deal talks: report
SAN FRANCISCO (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesday.

Talks between the two companies w...


Lasers, microwave deployed in high-speed trading arms race
US-HIGHFREQUENCY-MICROWAVE:Lasers, microwave deployed in high-speed trading arms race
By Eric Onstad

LONDON (Reuters) - Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high-speed, computerized financial trading.

Traders, who make money by exploiting tiny, lightning-...


Small businesses cut borrowing for fourth month in a row
US-USA-ECONOMY-PAYNET:Small businesses cut borrowing for fourth month in a row
(Reuters) - Small U.S. businesses cut back on borrowing a fourth straight month in March, all but reversing a short-lived surge after the Federal Reserve launched its asset-buying program aimed at boosting growth and jobs.

The Thomson Reuters/PayNet Small Business Lending Index, which meas...


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