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Tech`s news

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India-born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Six executives who previously reported to Page, including the heads of research, social media and search, will now report to Pichai, according to Re/code, which first reported the change on Friday, citing an internal memo. ... more...


MILAN (Reuters) - Italian lawmakers have put forward a proposal for free Wi-Fi in thousands of public places to bridge a gap with other European countries in broadband penetration, e-government and other digital services that is dragging on the economy. Under the plan, large shops, taxis, airports, law courts and other public places would have to set up an Internet connection and offer no-password wireless access free. "We are really badly placed when it comes to Internet access," Sergio Boccadutri, a member of the ruling Democratic Party and sponsor of the proposal, said. ... more...


By Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday. Amazon missed expectations across the board - on margins, on its net loss and on revenue. An unaccountably poor 7 to 18 percent revenue growth forecast for the typically strongest holiday quarter was the final straw for some. ... more...


MEXICO CITY (Reuters) - America Movil is not talking to anybody at this stage about a possible purchase of T-Mobile US, Chief Executive Daniel Hajj told a conference call on Friday. Germany's Monthly Manager Magazin on Thursday said America Movil was a possible buyer of the company, citing people familiar with Deutsche Telekom. Deutsche Telekom owns close to 67 percent of T-Mobile US. (Reporting by Christine Murray) more...


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