SAN FRANCISCO, July 2 (Reuters) – When Google Inc
decided to build its Nexus Q home entertainment device in
Silicon Valley rather than in China, it was not fretting about
the bottom line. It was fretting about speed.

“We wanted to innovate fast. This is the first end-to-end
hardware product that Google has ever put out,” said John
Lagerling, Google’s senior director of Android global
partnerships.

By Noel Randewich and Sinead Carew

(Reuters) – Micron Technology Inc will buy failed Japanese chipmaker Elpida Memory Inc for about $750 million in cash, pushing Micron into second place behind market leader Samsung Electronics in the market for DRAM memory chips.

Micron shares rose 5 percent in premarket trading after news of the deal, which will give it chip manufacturing assets at a heavily discounted price and boost its cashflow.

SAN FRANCISCO (Reuters) – Facebook Inc may be having trouble connecting with Wall Street.

The financial houses behind Silicon Valley’s largest-ever coming-out party kicked off formal coverage of the company on Wednesday by warning about an uncertain business model, margin pressures and a difficult transition to mobile technology.

SAN FRANCISCO (Reuters) – Facebook Inc drew tepid assessments from Wall Street’s top analysts a month after its rocky stock market debut, as warnings about an uncertain business model and a difficult transition to mobile helped send its shares down 2.6 percent.

In more than a dozen highly anticipated reports, Morgan Stanley and other major brokerages that handled the blockbuster IPO said it remains unclear how Facebook plans to make money from a growing number of users logging onto the No. 1 social network via smartphones and tablets.

NEW YORK (Reuters) – New markets including home entertainment will be major sources of growth for Intel Corp as more gadgets become connected to the Internet and drive demand for powerful data centers, the top chipmaker’s chief financial officer said.

While Intel is eager to sell processors for smartphones, set-top boxes and other connected devices, in many cases the much more expensive chips for servers that are needed to stream movies and other content are a bigger business opportunity, CFO Stacy Smith told the Reuters Media and Technology Summit in New York.

NEW YORK, June 13 (Reuters) – New markets including home
entertainment will be major sources of growth for Intel Corp
(INTC.O: Quote, Profile, Research) as more gadgets become connected to the Internet and
drive demand for powerful data centers, the top chipmaker’s
chief financial officer said.

While Intel is eager to sell processors for smartphones,
set-top boxes and other connected devices, in many cases the
much more expensive chips for servers that are needed to stream
movies and other content are a bigger business opportunity, CFO
Stacy Smith told the Reuters Media and Technology Summit in New
York.

June 12 (Reuters) – Leading cyber experts warned of a
shortage of talented computer security experts in the United
States, making it difficult to protect corporate and government
networks at a time when attacks are on the rise.

Symantec Corp Chief Executive Enrique Salem told
the Reuters Media and Technology Summit in New York that his
company is working with the U.S. military, other government
agencies and universities to help develop new programs to train
security professionals.

By Jim Finkle and Noel Randewich

(Reuters) – Leading cyber experts warned of a shortage of talented computer security experts in the United States, making it difficult to protect corporate and government networks at a time when attacks are on the rise.

Symantec Corp Chief Executive Enrique Salem told the Reuters Media and Technology Summit in New York that his company was working with the U.S. military, other government agencies and universities to help develop new programs to train security professionals.

June 12 (Reuters) – Leading cyber experts warned of a
shortage of talented computer security experts in the United
States, making it difficult to protect corporate and government
networks at a time when attacks are on the rise.

Symantec Corp (SYMC.O: Quote, Profile, Research) Chief Executive Enrique Salem told
the Reuters Media and Technology Summit in New York that his
company is working with the U.S. military, other government
agencies and universities to help develop new programs to train
security professionals.

By Jim Finkle and Noel Randewich

(Reuters) – Leading anti-virus software maker Symantec Corp warned of a shortage of experienced security experts in the United States, making it difficult for companies to recruit qualified staff to protect their networks.

Symantec Corp Chief Executive Enrique Salem told the Reuters Media and Technology summit in New York his company is working with the U.S. military, other government agencies and universities to help develop new programs to train security professionals.