Webwire: Oracle earnings beat forecasts; Google concerned by censorship rise

Oracle bosses are approving a $10 billion (€7.9 billion) share buy back, after the firm recorded better-than-expected results in its fiscal 4Q – the three months to end-May. Earnings hit $0.82 per share compared to analyst forecasts of $0.79.
 
Google staff are concerned by growth in the number of requests from governments to remove content from its websites, which they claim puts free speech and expression at risk.
 
Microsoft is taking on Apple with a pair of tablet PCs running Windows 8 – the latest version of its operating system. Two Surface machines are available - a direct iPad competitor and a larger version aimed squarely at laptop users.
 
Facebook is boosting its picture tagging abilities by acquiring face.com, the facial recognition firm it has used for the past two years to offer one-click tagging of friends.
 
Smartphones, tablets and laptop PCs are quickly becoming pains in the neck by encouraging a poor posture when being used by commuters, a UK physiotherapy association warns.
BBC 
 
Bahrain’s telecoms regulator is slashing interconnection fees charged by dominant carrier Batelco, after ruling the telco’s rates broke local laws on fair, reasonable and non-discriminatory wholesale pricing.
 
NTT DoCoMo is the second global carrier to invest in Cooliris, developer of a photo finder and sharing app for iOS and Android smartphones. The telco follows in the footsteps of Deutsche Telekom.
 
Apple faces criticism for failing to protect Australian iTunes subscribers, after hackers began selling passwords online for A$33 (€26.55).