What the other papers say this morning


Google Plus adds new features
Google is expanding its social networking service further into the corporate world to take on the likes of Microsoft’s Yammer and Salesforce.com’s Chatter. The search company launched Google Plus in June last year but did not originally allow business customers of its Google Apps products, such as Gmail or Docs, to join the service.

Hedge funds hope SEC will ease rules
Hedge funds and other private investment companies moved one step closer to gaining permission to publicly solicit and advertise for business, under a rule change proposed by US regulators yesterday. The Securities and Exchange Commission – in a 4-1 vote – said it would begin a consultation period on a proposal that would end a more than three-decade long ban on public marketing by certain securities issuers, including hedge funds.

BT set to reduce stake in Mahindra
BT is preparing to sell the majority of its 23 per cent stake in Tech Mahindra as part of a long-term plan to reduce its stake in the Indian software and IT services group.


No figures for Archant after sacking
Archant has failed to publish circulation figures for 14 of its regional newspapers a week after the publisher’s Anglia circulation director was dismissed for alleged irregularities in the figures.

RBS to leave insurance scheme
Royal Bank of Scotland is just weeks away from a symbolic exit from a key government insurance scheme, with the Treasury agency that runs it telling staff that they will soon not have jobs.

The Daily Telegraph

Flipboard reaches 20m users
Flipboard, the popular social media magazine iPad app, has reached 20m users as it celebrates is second birthday. The San Francisco-based start up has released an infographic to celebrate its birthday which shows that the app is adding one new user per second.

Industrialist to sell €67.5m yacht
French industrialist Martin Bouygues has put his luxury yacht up for sale for €67.5m, slightly more than he paid two years ago.


Ex-Motorola engineer sentenced
A former software engineer for Motorola Solutions was sentenced to four years in prison for stealing Motorola trade secrets, the Department of Justice said.

Mine equipment firm digs in
China's slowing economy is holding down global demand for commodities, discouraging mine operators from buying additional equipment or expanding production, Joy Global said in lowering its 2012 outlook.