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
Insight: Morgan Stanley cut Facebook estimates just before IPO
(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to Facebook's initial public offering - while an investor road show was under way - was a big shock to some, said two investors who were advised of the revised forecast. ...
PC maker Lenovo says profit up 59 percent
Lenovo Group, the world's second-largest personal computer maker, said Wednesday its quarterly profit rose 59 percent over a year earlier on record sales.
Robotic fish may soon scan for pollution off the coast of Spain
One of the easiest ways to detect otherwise unseen underwater pollution in our lakes and oceans is to monitor the animal life. Sometimes subtle changes in fish population can signal a greater problem that demands immediate attention. Not content to let … Continue reading →
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. ...
Regulators probe bank's role in Facebook IPO
Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
