Thursday, July 25, 2013

Facebook delivered strong evidence on smartphones and tablets

(Reuters) - Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter that ignited a nearly 17 percent share rally.
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Google gets deeper into hardware with new tablet, TV gadget

SAN FRANCISCO - Google Inc on Wednesday showcased a new-generation, slimmer Nexus 7 tablet that the Internet search company hopes will expand its presence in consumer hardware, and ensure that its online services remain front-and-center on mobile devices.

 (Reuters) - SoftBank Corp CEO Masayoshi Son said on Thursday he could not comment whether he had tried to buy Universal Music, after a media report last week said Universal's owner Vivendi SA had rejected an $8.5 billion offer from Son's company.

(Reuters) - Ilya Segalovich, the co-founder and chief technology officer of Russian internet group Yandex, has died after a long battle with cancer, aged 48, the company said on Thursday.

(Reuters) - Google Inc is offering $600,000 to set up free wireless Internet hotspots in 31 public spaces in San Francisco, but city officials said they need to review annual maintenance costs before it could be approved.

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