‘Technology and Science’ Articles
Copyright owners can’t sue Google’s YouTube as a group: judge
NEW YORK (Reuters) - A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission.
Google launches streaming music service ahead of Apple
SAN FRANCISCO (Reuters) - Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.
Cisco profit beats Street, shares rise on outlook
NEW YORK (Reuters) - Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current-quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.
Senators struggle with tech industry concerns on U.S. immigration bill
WASHINGTON (Reuters) - Senate supporters of a broad U.S. immigration bill struggled on Wednesday to satisfy technology companies that want greater leeway to hire high-skilled foreign workers.
Highfields, other funds dove into Dell fray in first quarter
BOSTON (Reuters) - Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.
Newegg, Overstock win patent fight with Alcatel-Lucent
WASHINGTON (Reuters) - The online shopping sites Newegg and Overstock Inc won a patent battle on Wednesday with telecom equipment maker Alcatel-Lucent SA, which had accused the companies of infringing its patented technology.
Hedge funds shop at Supervalu, sour on Apple
NEW YORK (Reuters) - Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares.
JANA Partners reveals stakes in Zynga, Groupon
BOSTON (Reuters) - JANA Partners, a leading activist hedge fund firm run by Barry Rosenstein, has taken a liking to two of the most beaten-up technology stocks.
