Technology News Headlines

Google faces new federal antitrust probe: source

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WASHINGTON - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, which dominates web display advertising, has broken antitrust law in how it handles some ad sales, a source told Reuters on Thursday.

4:45pm EDT

Apple enjoyed Irish tax holiday from the start

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SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.

Tech, Media, iPad, Ireland 3:55pm EDT

EU wants big companies to reveal national tax bills

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BRUSSELS - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. | Video

Tech, Media, Money 8:44am EDT

Icahn seeks up to $7 billion for Dell bid

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NEW YORK - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.

GameStop says 2013 outlook improved after Xbox One news

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- GameStop Corp raised the lower end of its full-year earnings forecast on Thursday after beating fourth-quarter estimates, counting on a boost from new gaming consoles due later this year and further growth in digital and mobile sales.

Tech, Media 1:51pm EDT

HP raises 2013 outlook as Whitman's plan takes hold

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SAN FRANCISCO - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. | Video

ChannelAdvisor soars in debut

- ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling.

SoftBank would add 'security director' to Sprint board

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- SoftBank Corp would appoint a "security director" to Sprint Nextel Corp's board if its takeover bid succeeds and give the U.S. government right of approval on the appointment in hopes of easing national security concerns raised by the proposed deal.

EU pledges 5 billion euros funding for electronics research

BRUSSELS - The European Union is pledging 5 billion euros ($6.5 billion) to boost research on semiconductors and other electronics items used in everything from smartphones to cars, in a bid to boost the sector which is lagging U.S. and Asian rivals.

12:40pm EDT

Huawei's Middle East revenue rose 18 percent in 2012: executive

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DUBAI - China's Huawei Technologies Co's Middle East revenue rose 18 percent to $2.08 billion in 2012 and the roll-out of 4G mobile networks and IT outsourcing will be among its main regional growth drivers, the firm said.

7:43am EDT
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McCain, Biden coming together for Sedona, Arizona forum

These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.