Media and Technology 2012

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WPP's Sorrell seeks peace after pay revolt

PARIS WPP boss Martin Sorrell struck a more conciliatory tone on Thursday, after shareholders voted against a multi-million pound pay award he had vigorously defended, saying he understood income inequality sparked strong feelings in a recession.


Smartphones, Facebook help online music come of age

PARIS Digital music services battling to build a serious business out of selling tracks online need to embrace social media, smartphones and emerging markets, two of the most successful companies told the Reuters Media and Technology Summit.


Tech, media execs brace for economic uncertainty

NEW YORK A deepening euro zone crisis, tepid U.S. job creation and slowing growth in China have prompted some media and technology companies to sound a stronger note of caution for the rest of the year, executives in those industries said at the Reuters Global Media and Technology Summit this week.


Hacked companies fight back with controversial steps

Frustrated by their inability to stop sophisticated hacking attacks or use the law to punish their assailants, an increasing number of U.S. companies are taking retaliatory action.

Executives say the darndest things: The best quotes

(Editor's note: Paragraph 14 contains language that may be offensive to some readers)

European Telcos count on 4G for pricing power

PARIS European telecom operators are planning to charge customers more for faster new fourth-generation mobile services in the hope of recouping massive network investments and clawing back lost pricing power.

FT sees BlackBerry with smaller role in future

NEW YORK Financial Times, which gets nearly a third of its revenue from digital subscriptions, expects BlackBerry smartphones to become less important for corporate executives as BlackBerry loses market share to devices like Apple Inc's iPhone and Google Inc's Android-based system.

Xerox eyes tuck-in acquisitions to foster growth

NEW YORK Small, tuck-in acquisitions and a growing services business will boost revenue and profit margins for Xerox Corp , which is in the midst of trying to shed its stodgy image as a printer and copier company, its chief executive said.


Low-rated cable channels may live on YouTube

NEW YORK YouTube's boss said that cable television channels with small audiences will in the future migrate to the Web and become available on a stand-alone basis, potentially making a home for themselves on the No.1 video website.

Scores of U.S. firms keep quiet about cyber attacks

NEW YORK Scores of U.S. companies have not disclosed breaches of their computer systems, even though eight months have passed since U.S. securities regulators issued guidelines on disclosing cyber attacks, according to leading security experts.


Chip firm Ceva sees doubling 3G market share

Israeli mobile chip designer Ceva Inc expects to double its share of the market for third generation (3G) mobile phones to 50 percent in three years, its chief executive said.


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