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Jun 12, 2012

Zynga shares plummet as Facebook game craze wanes

SEATTLE (Reuters) – Shares of Zynga Inc fell more than 9 percent on Tuesday, to their lowest level since going public last December, on increased concerns that the craze for games on Facebook has already passed its peak.

The San Francisco-based producer of games such as “Farmville” and “Hidden Chronicles,” which are played by millions of Facebook users, is suffering as gamers switch to their mobile phones for entertainment.

Jun 12, 2012

Feature: Aging Microsoft lures young tech idealists

SEATTLE (Reuters) – The young interns, some of the nation’s best and brightest in technology, business and design, had plenty of enthusiastic words to describe their summer employer.

Fun. Cool. Special. A giant start-up. Revolutionizing the world. Facebook, perhaps? Or Twitter? Or Google?

Jun 12, 2012

Aging Microsoft lures young tech idealists

SEATTLE (Reuters) – The young interns, some of the nation’s best and brightest in technology, business and design, had plenty of enthusiastic words to describe their summer employer.

Fun. Cool. Special. A giant start-up. Revolutionizing the world. Facebook, perhaps? Or Twitter? Or Google?

Jun 6, 2012

Fed officials say ready to act if risks grow

, June 6 (Reuters) -
T wo influential Federal Reserve officials say they are prepared
to take even more policy action to boost the erratic U.S.
economic recovery, but neither want to pull the trigger now.

Atlanta Fed President Dennis Lockhart and John Williams, of
the San Francisco Fed bank, pointed on Wednesday to Europe’s
brewing crisis as a main threat to the United States, where weak
jobs growth has compounded expectations that the central bank
will act.

Jun 6, 2012

Fed must be ready to act to help job market: Williams

BELLEVUE, Wash (Reuters) – The Federal Reserve must stand ready to take even more policy action to boost the ailing job market, the head of the San Francisco Fed said on Wednesday, but he stopped short of calling for monetary easing now.

John Williams, president of the Fed’s regional San Francisco bank and a voter on policy this year, lowered his GDP growth forecast and warned that Europe’s debt crisis and tighter fiscal policies in the United States are “wild cards” for the domestic economy.

May 31, 2012

Microsoft appears on track for autumn Windows 8

SEATTLE (Reuters) – Microsoft Corp appears to be on track to release its new Windows 8 operating system in time for the crucial U.S. holiday shopping season after making a “release preview” of the new code available for download on Thursday.

Windows 8 is the latest version of the flagship product, which still provides almost half of the world’s largest software company’s profit. It is the first version that will run on tablet computers as well as PCs, providing Microsoft’s first real challenge to Apple Inc’s iPad.

May 4, 2012

Lawyer for U.S. soldier accused of Afghan massacre objects to background check

SEATTLE (Reuters) – The lawyer representing Robert Bales, the U.S. Army staff sergeant accused of killing 17 Afghan villagers, is objecting to a routine background check required by the military.

Seattle-based attorney John Henry Browne, a self-described ex-hippie who has been married seven times and used to play bass in a rock band, said he has no secrets to hide but is opposed to the check on principle.

May 1, 2012

Lufthansa says new Boeing 747 overweight, but performance OK

SEATTLE, May 1 (Reuters) – The head of Deutsche Lufthansa
AG’s fleet management said he is not happy with the
weight of Boeing Co’s 747-8 jumbo, but that will not
restrict the use of the airline’s newest aircraft.

“On all our in-service fleet, even those in our fleet 10
years, we are never happy with the weight situation, so we are
always trying to reduce weight in order to save even more fuel,”
said Nico Buchholz, executive vice president of group fleet
management at Lufthansa, speaking at a Boeing plant north of
Seattle.

May 1, 2012

Microsoft buys Nook stake, Barnes & Noble shares soar

NEW YORK/SEATTLE (Reuters) – Microsoft Corp is jumping into the fast-growing e-books market by investing $605 million over five years in Barnes & Noble Inc’s Nook e-reader and college business, as it looks to unlock Amazon.com and Apple Inc’s grip on the exploding tablet computer market.

The move comes just six months before the world’s largest software maker is due to launch its new touch-enabled Windows 8 operating system, and the inclusion of a Nook app on Windows tablets should allow them to compete with Apple’s iPad and Amazon’s Kindle Fire.

Apr 30, 2012

Microsoft eyes tablet lift via Barnes & Noble deal

NEW YORK/SEATTLE (Reuters) – Microsoft Corp is jumping into the fast-growing e-books market by investing $300 million in Barnes & Noble Inc’s Nook e-reader and college business, as it looks to unlock Amazon.com and Apple Inc’s grip on the exploding tablet computer market.

The move comes just six months before the world’s largest software maker is due to launch its new touch-enabled Windows 8 operating system, and the inclusion of a Nook app on Windows tablets should allow them to compete with Apple’s iPad and Amazon’s Kindle Fire.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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