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Reuters Technology Summary

Reuters - 1 hour 1 minute ago

Windows to run on One Laptop Per Child computer

SEATTLE - Microsoft Corp reached an agreement to make available its Windows operating system software for the One Laptop Per Child Foundation's XO Laptop, the company said on Thursday. Microsoft was not part of the project started by Massachusetts Institute of Technology professor Nicholas Negroponte to develop an inexpensive laptop computer for elementary school children in developing countries.

Yahoo, WPP form multiyear ad-trading partnership

SAN FRANCISCO - Embattled Yahoo Inc has struck an advertising partnership deal with WPP Group that will let WPP buy ads on Yahoo's online ad exchange, the companies said late on Thursday. Yahoo, which recently spurned a $47.5 billion unsolicited takeover bid from Microsoft Corp only to face a proxy battle led by activist investor Carl Icahn this week, said the deal would first involve WPP units GroupM and 24/7 Real Media.

U.S. game sales jump 47 percent in April on GTA4

SAN FRANCISCO - U.S. sales of video game hardware and software rose 47 percent from a year earlier, as Take-Two Interactive Software Inc's "Grand Theft Auto 4" and Nintendo Co Ltd's Wii console stole the show. The popularity of "Grand Theft Auto 4," however, failed to boost sales of Microsoft Corp's Xbox 360 and Sony Corp's PlayStation 3, which both saw unit shipments fall sharply from the previous month.

RIM will launch touch-screen BlackBerry in Q3: report

TORONTO - BlackBerry maker Research In Motion Ltd plans to launch a touch-screen version of the wireless e-mail device in the third quarter as an answer to Apple Inc's iPhone, the Wall Street Journal reported on Thursday. The device, known as the Thunder, is to be sold exclusively through Verizon Wireless in the U.S. and Vodafone PLC abroad, the Journal reported on its Web site, citing people familiar with the matter.

Phone-wallets still years away

HELSINKI - The new technology which enables small payments from mobile phones by just flashing the handset is likely to reach masses only around 2012, when one phone from five sold will be equipped with the technology. Consumers will be able to use a phone as a wallet or as an access card simply by waving it over a wireless reader -- and in some cases punching a PIN number into the phone -- similar to how travelers in Tokyo and London access public transport.

Apple's largest U.S. store highlights growth plan

BOSTON - Apple Inc unveiled its largest U.S. store on Wednesday, a glass-facade building sheathed in steel that a senior company official said reflects Apple's plans to expand retail ventures at home and abroad. Sandwiched between aging brick buildings, the minimalist 20,000-square-foot store stands out on Boston's historic Boylston Street, featuring a ground floor with more than 100 Mac laptops and computers, a second level for iPod music players and iPhones, and a third entirely for service.

Icahn's Yahoo fight puts Microsoft in driver's seat

SEATTLE - Two weeks after Microsoft Corp abandoned its pursuit of Yahoo Inc , a proxy fight launched by activist investor Carl Icahn has put Microsoft in the driver's seat. Icahn wants Yahoo to reopen talks with Microsoft, saying the company's board had acted "irrationally" when it rejected Microsoft's $47.5 billion buyout offer. Microsoft walked away from the deal earlier this month when Yahoo rejected its final offer of $33 a share, holding out for at least $37 a share.

Yahoo lets websites customize how searches work

SAN FRANCISCO - Yahoo Inc has introduced a software development tool that lets outside parties create customized views of Yahoo Web search results, the company said on Thursday. Making good on one piece of a strategy to open up its core network services, Yahoo said it was offering SearchMonkey, a technology that lets website owners display selected Yahoo search results on their sites.

Florida seeks to fine Verizon for bad service

NEW YORK - Florida's attorney general said on Thursday the state was seeking to fine Verizon Communications Inc for violating service standards, but the No. 2 U.S. telephone company said its service was fine. Florida Attorney General Bill McCollum said he, along with the state's public counsel and an attorney for the AARP retiree group, asked the Florida Public Service Commission to levy a $6.5 million penalty against Verizon for willful violation of rules on service repairs.

EU says Google map images could be a problem

BRUSSELS - The ability of Google Inc's map service to put detailed street-level images on the Internet could raise concerns in Europe if it was introduced there, the EU's data protection agency said on Thursday. Google's Street View offers ground-level, 360-degree views of streets in 30 U.S. cities. It has become popular among drivers but courted controversy over potential privacy invasion.

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