Facebook shares stabilizing, but probes mount Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.
Yahoo seeks to shake up search, Web browsing![This image provided by Yahoo shows the company's "Axis" app for iPad. The tool, also available for iPhone and iPod Touch, alters browsers made by other companies so search results can be displayed in a more convenient and compelling format. (AP Photo/Yahoo)](http://l2.yimg.com/bt/api/res/1.2/Ao_fZMxikEiNJw2QmOqpHg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3B4b2ZmPTUwO3B5b2ZmPTA7cT04NTt3PTEzMA--/http://media.zenfs.com/en_us/News/ap_webfeeds/ba752d7c9658830e100f6a7067001aae.jpg "This image provided by Yahoo shows the company's "Axis" app for iPad. The tool, also available for iPhone and iPod Touch, alters browsers made by other companies so search results can be displayed in a more convenient and compelling format. (AP Photo/Yahoo)") Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
Web series touts funky concept snowboards In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.
Robotic espresso machine turns your foam into text artIf you haven't accepted it by now, it's time: Robots are better than us at absolutely everything. They can drive better, clean better, and even probably write this very article better than I can. Still, the world of espresso art has been relatively … Continue reading →
In the future, your skin could solve your heart problemThere may come a time when doctors can patch up your damaged heart not with fancy futuristic materials, but with your own skin. A paper recently published in the European Heart Journal details the work of a team of Israeli scientists who took … Continue reading →
Yahoo's Axis and Two Other Stories You Need to KnowWelcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.
HP's missteps culminate in loss of 27,000 jobs Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of more profitable products and service.
Jury: Google didn't infringe on Oracle patentsA federal jury ruled Wednesday that Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices.
Play on: Google posts synthesizer tribute to Moog Bob Moog's synthesizer helped change the sound of modern music. On what would have been his 78th birthday, Google is paying tribute to the man with a virtual version of his famous Moog on their homepage — and it's completely playable.
Scotland Yard deploys mobile fingerprint devicesScotland Yard says it's equipping its police officers with handheld fingerprint devices, something the force says will help identify suspects in a matter of seconds.
Fresh iPhone Apps for May 24: Google Search, Sonar and Infinity Blade II updates, Defender Chronicles IIWe’ve got three big updates making up today’s Fresh iPhone Apps list. The first is for Google Search, which the search company has reworked to make faster and more appealing, with a new interface and better searches. Next is an update to social network app Sonar which gives users the ability to chat in real time with people near them. Finally, one of the most popular games on iOS, Infinity Blade II, catches its big Vale of Tears update and adds new gameplay features. ...
Analysts back Hewlett Packard's layoff plans(Reuters) - Analysts supported Hewlett Packard Co's plans to lay off about 8 percent of its workforce over the next couple of years, which the company said would save it billions of dollars. Shares of the world's No. 1 personal computer maker were up 10 percent at $23.10 in premarket trading on Thursday. The stock closed at $21.08 on Wednesday on the New York Stock Exchange. "While we certainly don't believe HP has resolved all their issues, we do see the company moving in the right direction," RBC Capital Markets LLC analyst Amit Daryanani wrote in a note to clients. ...
Android, iOS gain share in Q1 as Symbian, BlackBerry plummet Google’s Android operating system and Apple’s iOS platform showed big market share gains in the first quarter of 2012 as Symbian and BlackBerry shipments plummeted. Market research firm IDC on Thursday published its global smartphone market share report for the first quarter of this year, and Google’s Android was far and away the biggest winner in terms of year-on-year shipment gains. According to IDC’s study, Android shipments during the quarter totalled 89.9 million units, up a staggering 145% from 36.7 million in the first quarter of 2011. iPhone shipments were up 88.7% over the first quarter last year to 35.1 million units, giving Apple 23% of the smartphone market in the first quarter compared to Google’s 59% share. “The popularity
Cool alternative web browsers for your Android deviceIn addition to the keyboard, the other major item Android users love to change up is the stock web browser. Now the stock browser is OK and gets the job done, but one of the great aspects of Android is that there are always alternatives.
Huawei seeks EU action against InterDigital patent fees BRUSSELS (Reuters) - World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents. Huawei filed a complaint with the European Commission on Wednesday, after failing to reach a deal with the wireless technology patent holder, making it the latest company to take a patent grievance to the EU watchdog. "Huawei ... ...
Yahoo seeks to shake up search, Web browsingJoining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
Facebook shares stabilizing, but probes mountFacebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.
China's CIC eyes up to $2 billion stake in Alibaba Group: sources HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc. The involvement of CIC, China's giant sovereign wealth fund which manages around $410 billion in assets, underlines the significance of the deal Alibaba has struck with Yahoo, which returns voting control back to founder Jack Ma. It also emphasises the potential value of the company. ...
Sharp to supply technology to Hon Hai's China plant: Nikkei TOKYO (Reuters) - Japan's Sharp Corp will supply technological know-how to Taiwan's Hon Hai Precision Industry Co for a plant in China that will produce panels for Apple Inc's iPhone and other consumer electronics products, the Nikkei business daily said on Thursday. Shares of Sharp, which is trying to turn around its fortunes after sinking to a record net loss of 376 billion yen ($4.75 billion) in the just-ended financial year, surged 7 percent after the report. An agreement to share its technology would further tie Sharp to the Taiwanese company, which in March agreed to buy a 46. ...
Shareholders sue Facebook, NYSE comes calling SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies." The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors. ...
Social media reactions to Yahoo! Axis: impressive on the iPad, risky on the desktop The reaction to Yahoo!’s brand new visually enhanced browser, Axis, has polarized social media users. Many are impressed by the company’s iOS app while others urge users to be wary of the desktop plug-in.
Yahoo! launches new browser for PC, iOS with built in search prediction, syncing Yahoo! has joined the browser game with Axis, a new internet browser that aims to redefine search.
Renesas says to tie up with TSMC in chip business TOKYO/TAIPEI (Reuters) - Japan's loss-making Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics. Renesas gave no details on the tie-up, which it will reveal in a news conference next Monday, but chipmakers increasingly are tapping the technological prowess of companies such as TSMC, the world's biggest contract chipmaker, to rein in costs. ...
HP to lay off 27,000, profit slides 31 percent SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed. The world's No. ...
Sony ends panel joint venture with rival SharpSony Corp. is ending its joint venture with rival electronics maker Sharp Corp. to produce and sell large liquid-crystal displays for TVs — part of its new strategy to buy panels rather than invest in manufacturing them.
As rivals falter, Lenovo has emerging market edge HONG KONG (Reuters) - With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc. Concern that global tech spending, particularly in the developed world, is weakening faster than expected has battered Dell shares and prompted HP to axe some 27,000 jobs. To counter weakness in consumer spending in major cities in the world's second-largest economy, Lenovo is Casting its net wider. ...
One Million E-Readers Headed to Africa With FC Barcelona's HelpNon-profit Worldreader kicked off a campaign Thursday aiming to put 1 million e-books in the hands of children across the planet, with a little help from players on one of the world's most popular sports teams.
Yahoo's Axis and Two Other Stories You Need to KnowWelcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.
Obama Wants Government Agencies to Focus on Mobile AppsPresident Barack Obama has ordered all government agencies to offer more of their services in the form of mobile apps.
Amazon Prime customers will soon gain access to Paramount films Amazon on Wednesday announced that it has reached a licensing agreement with Paramount Pictures that will enable Prime Instant Video customers in the U.S. to stream hundreds of new hit movies over the next three years. The service, which is available for $79 a year and offers customers free two-day shipping, now features more than 17,000 movies and TV episodes. “We are continuing to invest in building a vast selection for Prime Instant Video and are excited to bring Prime customers some of the most renowned and popular films in cinema history under this new agreement with Paramount,” said Brad Beale, director of digital video content acquisition for Amazon. “This deal will bring Prime Instant Video customers hundreds of new
Bubble Robots Move Using Lasers [VIDEO]This isn't your typical artificial intelligence robot, but scientists at the University of Hawaii have created bubble "robots" that can be directed using lasers. They hope to use the bubble robots to build micro-structures. And once the bubble bots are no longer of use, they can be popped.
HP's missteps culminate in loss of 27,000 jobsHewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of more profitable products and service.
Intel eyes future with computers that learn TEL AVIV (Reuters) - Intel Corp is launching research in Israel into technology that mimics the human brain and develops devices that "learn" about their user. "Machine learning is such a huge opportunity," Justin Rattner, Intel's chief technology officer, told reporters in Tel Aviv. "Despite their name, smartphones are rather dumb devices. My smartphone doesn't know anything more about me than when I got it," he added. "All of these devices will come to know us as individuals, will very much tailor themselves to us. ...
Apple remains world’s most valuable brand Apple, the world’s most valuable company, is also the world’s most valuable brand according to a recent study by market-research firm Millward Brown. Over the past year, the Cupertino-based company has boosted its brand value by 19% to $183 billion. Facebook, the world’s largest social network, is said to now placed in the No.19 spot with a brand value of $33.2 billion, an increase of 74%. Seven of the top 10 brands were technology companies, however McDonald’s, Coca-Cola and Marlboro remained strong at number four, six and seven respectively. IBM’s brand value shockingly traded places with Google and rose to second place, while Microsoft remained strong in the fifth position. Mobile carriers AT&T, Verizon and China Mobile completed the top 10. [Via
Art Galleries Embrace Animated GIFsAnimated GIFs may be the latest way to crack a joke, but at one London exhibit, they're also an art form.
Jury deals big blow to Oracle in Android case versus Google SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology. In a case that examined whether computer language that connects programs and operating systems can be copyrighted, Oracle claimed Google's Android tramples on its intellectual property rights to the Java programming language. ...
NVIDIA’s Kai strategy aims to make $199 quad-core Android tablets a reality NVIDIA CEO Jen-Hsun Huang previously mentioned that more Tegra 3-powered tablets would be coming to the market this summer, starting at the low price of $199. At the company’s annual shareholders’ meeting last week, vice president Rob Csonger revealed Kai, a plan to democratize its quad-core Tegra 3 system-on-a-chip. NVIDIA is looking to offer tablets that are more powerful than Amazon’s Kindle Fire, but that will be offered at the same low price point. “Our strategy on Android is simply to enable quad-core tablets running Android Ice Cream Sandwich to be developed and brought out to market at the $199 price point, and the way we do that is a platform we’ve developed called Kai,” he said. “So this uses
Taiwan's UMC says to invest $8 billion in 12-inch wafer fab TAINAN, Taiwan (Reuters) - Taiwan's UMC, the world's No.2 contract chip maker, said it will invest $8 billion in a 12-inch wafer plant in Taiwan, joining its peers in investing in high-end technology to meet demand for chips in fast-growing markets like mobile devices. UMC held a ground-breaking ceremony for phase 5 and 6 production plants at its 12-inch wafer fab in Tainan, southern Taiwan, on Thursday, with a schedule to install machines at the plant in the second half of 2013. The company said it also plans to build phases 7 and 8. ...
Knight Capital hit by Facebook loss, wants Nasdaq to pay(Reuters) - Electronic trader Knight Capital Group said it suffered a pre-tax loss of $30 million to $35 million on the botched Nasdaq trading debut of social media giant Facebook and is demanding the exchange compensate that amount. The loss, which Knight said will be recorded in its second-quarter results, was due to numerous problems related to the Facebook initial public offering. ...
RIM's head of global sales leaving BlackBerry maker TORONTO (Reuters) - The head of global sales at Research In Motion Ltd has resigned to take on a leadership role in another industry, the BlackBerry maker said on Wednesday, a major blow ahead of make-or-break product launches due later this year. Patrick Spence was a 14-year RIM veteran widely considered a rising star. A spokeswoman for RIM said Spence's last day with the company will be June 15. Spence was promoted to the global sales role in July after serving as managing director for Europe, the Middle East and Africa. ...
|
