Technology Report: Japan's SoftBank says expects to complete Sprint deal on July 10

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Japan's SoftBank says expects to complete Sprint deal on July 10 TOKYO (Reuters) - Japan's SoftBank Corp said on Monday that it expects to complete its $21.6 billion acquisition of U.S. wireless carrier Sprint Nextel Corp on Wednesday, July 10. Israel's Matrix opens mobile app development centre in China TEL AVIV (Reuters) - Israeli information technology provider Matrix has opened a mobile application development center in Changzhou, China, the company said on Monday. Obama to outline second-term tech plan for 'smarter' government WASHINGTON (Reuters) - President Barack Obama will describe on Monday his second-term plan for "smarter government" by using technology and data to deliver services faster and save taxpayers money, the White House said. Top advisory firm backs Dell CEO's offer for PC maker (Reuters) - The largest U.S. shareholder advisory firm recommended on Monday that Dell Inc stockholders vote in favor of Chief Executive Michael Dell's $24.4 billion buyout offer, increasing the odds of his prevailing against billionaire investor Carl Icahn's rival bid. Internet big boys take aim at Singapore's 'regressive' new rules SINGAPORE (Reuters) - Singapore's move to tighten regulation of news web sites, already under fire from bloggers and human rights groups, has attracted criticism from an unexpected quarter - large Internet firms with a big presence in the city-state which say the new rules will hurt the industry. Shares of Samsung Electronics extend falls to more than 4 percent SEOUL (Reuters) - Samsung Electronics Co Ltd's shares extended falls to more than 4 percent after its second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business. App developer Shazam gets $40 million backing from tycoon Carlos Slim LONDON (Reuters) - Smartphone app developer Shazam has found an unlikely ally in the form of Carlos Slim, one of the world's richest men, who is investing $40 million to back the development of the start-up best known for helping music fans identify catchy songs. Dell shares fall as investors bet against higher buyout bid (Reuters) - Shares of Dell Inc fell more than 3 percent on Friday, as investors grew skeptical that founder Michael Dell and Silver Lake Partners will raise their $24.4 billion buyout bid in order to overcome growing opposition. Governments to target tech giants' tax avoidance: draft BERLIN/LONDON (Reuters) - Western governments are set to target a range of tax loopholes used by technology giants including Apple, Amazon as part of an international drive to tackle corporate tax avoidance, a draft action plan seen by Reuters said. BlackBerry investors to turn up the heat on management TORONTO/NEW YORK (Reuters) - BlackBerry will likely face tough questions about its future at its annual meeting on Tuesday after dismal quarterly results last week triggered a 28 percent plunge in the Canadian smartphone maker's share price. Related Video Techquity: Apple narrows gap with Google, Intel's PC pain Bat flight propelled by elastic energy Mediafile Paul Smalera On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS

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