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By Sarah McBride and Dan Levine SAN FRANCISCO (Reuters) - Silicon Valley powerhouse venture capital firm Kleiner, Perkins, Caufield and Byers was cleared on Friday of claims it short-circuited the career of a former partner because she is a woman, in a gender discrimination trial that shook the tech world. A California jury also rejected a claim that Kleiner, the firm that backed Google Inc and Amazon.com Inc, had retaliated against its former partner, Ellen Pao, by firing her after she sued in 2012. Despite days of courtroom drama about affairs, books of erotic poetry and office flirting, juror Steve Sammut, who mostly voted for Kleiner, said the decision came down to Pao's effectiveness at her job. The verdict dashed Pao's hopes for personal vindication, but the trial revealed embarrassing disclosures about how Pao and other women were treated at Kleiner and Silicon Valley's corporate culture and its lack of diversity. more...


(Reuters) - Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications, would underscore Intel Chief Executive Officer Brian Krzanich's determination to expand into new markets as the personal computer industry loses steam. Earlier this month, Intel slashed nearly $1 billion from its first-quarter revenue forecast to $12.8 billion, plus or minus $300 million, as small businesses put off upgrading their personal computers. Shares of Altera shot up about 28 percent after the talks were first reported by the Wall Street Journal, closing at $44.39 per share on the Nasdaq. more...


Uber aims to launch a service in Germany by this summer that will allow its novel taxi-hailing service to operate legally in Europe's biggest economy, the company's German chief was quoted saying by weekly magazine Wirtschafts Woche (WiWo). The move comes after a German court earlier this month banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws. Under the new service, drivers would hold commercial passenger transport licenses whose cost of between 100 euros ($109) and 200 euros will be paid by Uber, the magazine quoted Uber's Fabien Nestmann as saying. "We will also pay the 150 to 200 euros it would cost our partners to have the Chamber of Commerce license them as taxi companies," he said. more...


Cloud software company Salesforce.com Inc aims to overtake SAP in terms of sales on the German company's home market in the coming years, the Europe chief of Salesforce told a German magazine. "We want to become the biggest software company in Germany by sales," weekly Wirtschafts Woche quoted Joachim Schreiner as saying, without saying exactly when U.S.-based Salesforce aimed to surpass its rival. more...


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