Microsoft sees 'rebirth' with new Windows 8 system
Microsoft's upcoming Windows 8 series -- featuring an upgraded cloud computing service -- marks a "rebirth" of its operating systems, chief executive Steve Ballmer said.
Funds with Facebook hammered as proxy by shorts (Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social media company before the IPO, have taken a beating, used as proxies for betting against Facebook. "Until investors can actually short Facebook, they have to keep shorting things that can give them some sort of proxy for Facebook," said Thomas Vandeventer, manager of the Tocqueville Opportunity Fund, which owns shares in both closed-end funds. ... Verizon says global capabilities coming to select Android handsets this summer
Verizon Wireless on Monday confirmed that the DROID RAZR, RAZR MAXX, HTC Rezound, and DROID 4 will receive global roaming capabilities later this summer, enabling the handsets to access voice and data services in more than 200 countries, Droid-Life reported. “Customers will see a notification on their device when the software update is available for their device,” a Verizon spokesperson said. “After the software update, customers will be able to take their smartphone overseas and use voice service in more than 220 countries and receive data in more than 205 countries.” While the carrier didn’t give a specific timeline, there is a possibility the update may be included with the smartphone’s upcoming Ice Cream Sandwich updates, which are also slated for
Watch: Grad Gadget Gift Guide Speakers, Apple TV, Tablets: Great graduation gift ideas for tech-savvy grads.
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 Nasdaq shareholders mum on Facebook IPO NEW YORK (Reuters) - Not a single shareholder asked a question at Nasdaq OMX's annual meeting on Tuesday, just days after the exchange operator bungled Facebook's widely anticipated market debut, which helped launch the new stock into a three-day slide. When Nasdaq Chairman H. Furlong Baldwin called for questions at the Tuesday morning meeting in New York, he got eight seconds of silence. Technical glitches marred Facebook's IPO on Nasdaq's exchange on Friday, delaying the social networking giant's market debut by 30 minutes and delaying order confirmations for hours afterward. The U.S. ...
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