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By Malathi Nayak SAN FRANCISCO Wed Apr 16, 2014 9:47pm EDT (Reuters) – Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch. Sony is struggling to keep pace with demand for the videogame console, the Japanese company said in a statement. “Although […]
Wed Apr 16, 2014 11:25pm EDT (Reuters) – China’s Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service’s slowing user growth and the country’s highly censored media environment. The Twitter-like microblogging service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares (ADSs) for $17 apiece, raising $285.6 million, an underwriter told Reuters. The company had planned […]
By Supantha Mukherjee and Soham Chatterjee Wed Apr 16, 2014 7:10pm EDT (Reuters) – IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Shares of Big Blue fell about 4 percent to $188.20 in after-hours trade. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts’ average estimate of $22.91 billion. “They have had eight […]
By Alexei Oreskovic SAN FRANCISCO Wed Apr 16, 2014 8:05pm EDT (Reuters) – Google Inc’s first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices. Shares of Google were down 3 percent to $539.80 in afterhours trading on Wednesday, after initially sliding roughly 6 percent on the news. The number of “paid […]
By Wayne Cole SYDNEY Wed Apr 16, 2014 10:28pm EDT (Reuters) – Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Indeed, the tech […]
By Piya Sinha-Roy LOS ANGELES Wed Apr 16, 2014 6:30pm EDT (Reuters) – Two Nordic princesses held their reign atop the weekly Billboard 200 album chart on Wednesday as the soundtrack to Disney’s hit animated film “Frozen” crossed the 2 million sales mark and continued to hold off new entries. “Frozen,” led by its Oscar-winning hit song “Let It Go,” sold 133,000 copies in its 20th week on the chart, according to figures from Nielsen […]
Wed Apr 16, 2014 2:06pm EDT (Reuters) – Claycourt machine Rafael Nadal recovered from a stuttering start to beat Russian qualifier Teymuraz Gabashvili 6-4 6-1 and reach the third round of the Monte Carlo Masters on Wednesday. The world number one, whose eight-year reign in the principality ended last year, conceded an early break but eventually proved too much to handle for Gabashvili on centre court. Nadal, who is on a 29-match winning streak on […]
Wed Apr 16, 2014 8:14pm EDT (Reuters) – Dave Tippett, coach of the National Hockey League’s Phoenix Coyotes, will coach Canada’s men’s ice hockey team at next month’s world championship, Hockey Canada said on Wednesday. Tippett, who represented Canada at two Olympics as a player, serving as captain in 1984 and winning a silver medal 1992, will be assisted by fellow NHL head coaches Paul Maurice (Winnipeg Jets) and Peter DeBoer (New Jersey Devils). “As […]
By David Beasley ATLANTA Wed Apr 16, 2014 6:15pm EDT (Reuters) – Atlanta has landed a Major League Soccer expansion team that will play beginning in 2017 in the city’s new open-air stadium downtown, officials announced on Wednesday. Arthur Blank, owner of the National Football League’s Atlanta Falcons team and a co-founder of Home Depot Inc. purchased the new franchise, which will be the league’s 22nd team, he told reporters. “This is an exciting day […]
By Gene Emery NEW YORK Wed Apr 16, 2014 5:05pm EDT (Reuters Health) – Diabetes is becoming increasingly common in the United States, but the risks of complications from the blood sugar disease have declined since 1990, according to a new study. Better preventive care for adults with diabetes contributed to a 68 percent drop in their risk of heart attacks and a 64 percent drop in deaths from high blood sugar. The risks of […]
By Kathryn Doyle NEW YORK Wed Apr 16, 2014 3:37pm EDT (Reuters Health) – Cutting boards used to prepare raw poultry may be an important source of drug-resistant bacteria in hospital kitchens and private homes, according to a new study. The more bacteria are exposed to antibiotics, the higher the chance they will develop resistance to the drugs. Unnecessary exposure can happen in humans who take antibiotic drugs they don’t need, like for the common […]
By Matt Siegel SYDNEY Wed Apr 16, 2014 9:26pm EDT (Reuters) – An outbreak of dengue fever at an Australian refugee detention center in the tiny Pacific island nation of Nauru sparked calls on Thursday for greater oversight at the facility, which has been criticized by rights groups and the United Nations. Australian Immigration Minister Scott Morrison’s office said that medical officers at the center had confirmed three cases of the potentially fatal tropical disease, […]
