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GLOBAL TECH & TOP NEWS
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New Xbox more than a game console for Microsoft

SAN FRANCISCO/SEATTLE - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.

Tableau Software shares close up 64 percent in market debut

- Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth.

FCC nominee Wheeler will divest holdings if confirmed

WASHINGTON - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T; Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

Sanyo may cease to exist under Panasonic reorganization: Nikkei

- Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.

U.S. authorities seize accounts of major Bitcoin operator

ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U.S. dollars at a time when use of the currency and its value has mushroomed.