Global business: Tech groups urge US to ease security gag, Google buy...
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Global Business
Wednesday June 12 2013
Companies news and analysis - FT.com
Tech groups urge US to ease security gag
Move follows broader effort by technology companies and advocacy groups in demanding more transparency around US spying programmes
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/20JT34/QR/h?a1=2013&a2=6&a3=12
Google buys mapping app for $1bn
No terms for the deal were disclosed but two people close to the deal said that Google paid more than $1bn for Waze, which was founded in Israel in 2008
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/52NG1A/QR/h?a1=2013&a2=6&a3=12
Dimon pledges to fight whale suits
Return to more combative style after JPMorgan chief received resounding vote of confidence from shareholders at annual meeting last month
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/DXBAOI/QR/h?a1=2013&a2=6&a3=12
Investors vent fury at Facebook meeting
Zuckerberg expresses disappointment over depressed stock price, which remains about 40% below issue price of $38 more than a year ago
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/B4TV8K/QR/h?a1=2013&a2=6&a3=12
Nokia to stop shipping Symbian phones
Finnish group to end deliveries of last homegrown platform, leaving its fortunes resting entirely on Microsoft's fledgling Windows Mobile software
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/NRZY4B/QR/h?a1=2013&a2=6&a3=12
Goldman uncorks grand cru as collateral
The private bank of Goldman Sachs has snapped up an unusually liquid set of assets as collateral for a loan – almost 15,000 bottles of fine wine
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/OF7IWL/QR/h?a1=2013&a2=6&a3=12
Ferrari takes foot off output accelerator
Italian carmaker wants to pull away from the crowd and fuel the marque's exclusivity by cutting back output this year by 400 cars to 6,900 vehicles
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/A5LCGS/QR/h?a1=2013&a2=6&a3=12
Dole Food chief makes buyout bid
David Murdock offers $12 a share to buy rest of fruit company, which has struggled in recent years as volatility in commodity prices has hurt business
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/1OSLNM/QR/h?a1=2013&a2=6&a3=12
Shuanghui explores funding for US deal
With tight capital controls at home, Chinese group's acquisition of debt-heavy pork producer could be financed through listing in Hong Kong
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/LS2KMU/QR/h?a1=2013&a2=6&a3=12
Prada to focus on cost control
Sales and profit growth slows at the Milanese group amid a clampdown by Chinese authorities on luxury gifts and as Europeans pull back from spending
http://link.ft.com/r/M2ZOXX/VT5UF5/BMU6DR/ZGTGHV/HIO52I/QR/h?a1=2013&a2=6&a3=12
In depth - FT.com
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