Technology News
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Apple CEO Cook Gives Up $75M in Stock Dividends
Tweet Share on Facebook 1:04PM May 25, 2012 Comment
Apple Retail Store — Fifth Avenue (New York)
NEW YORK (AP) — Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.
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New York is vying to become global high-tech hub
Tweet Share on Facebook 5:46PM May 28, 2012 CommentNEW YORK (AP) — Just as a trench dug in the 1800s created a shortcut to the nation's interior and helped make New York a global trading hub, the city is now hoping for another "Erie Canal moment" with a high-tech research complex to be built on an island in the East River.
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RIM loses another senior executive
Tweet Share on Facebook 4:52PM May 28, 2012 CommentTORONTO (AP) — Struggling BlackBerry-maker Research In Motion Ltd. said Monday that it is losing another senior executive as its chief legal officer is retiring from the company after 12 years.
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Mark Zuckerberg makes surprise cameo on Chinese TV
Tweet Share on Facebook 3:09PM May 28, 2012 CommentBEIJING (AP) — Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan.
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Yahoo kills 'Livestand' just 6 months after debut
Tweet Share on Facebook 5:39PM May 25, 2012 CommentSAN FRANCISCO (AP) — Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.
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Times-Picayune to cut paper to 3 days a week
Tweet Share on Facebook 11:30PM May 24, 2012 CommentNEW ORLEANS (AP) — The Times-Picayune, one of the nation's oldest newspapers, will no longer offer print editions seven days a week and instead plans to offer three printed issues a week starting in the fall. The change means New Orleans would become the largest metro area in the nation without a daily newspaper in the digital age.
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Alibaba.com $2.5B privatization bid approved
Tweet Share on Facebook 11:11PM May 24, 2012 CommentHONG KONG (AP) — Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny.
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Broadcasters sue Dish over ad-skipping DVR service
Tweet Share on Facebook 9:51PM May 24, 2012 CommentLOS ANGELES (AP) — Broadcasters Fox, NBC and CBS sued Dish Network Corp. on Thursday over a service that offers commercial-free TV.
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New Google data show Microsoft's piracy problems
Tweet Share on Facebook 8:53PM May 24, 2012 CommentSAN FRANCISCO (AP) — Google's Internet search engine receives more complaints about websites believed to be infringing on Microsoft's copyrights than it does about material produced by entertainment companies pushing for tougher online piracy laws.
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Morgan Stanley may refund some Facebook investors
Tweet Share on Facebook 6:17PM May 24, 2012 CommentNEW YORK (AP) — Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.
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Facebook launches iPhone camera app
Tweet Share on Facebook 5:34PM May 24, 2012 CommentNEW YORK (AP) — Facebook's rocky initial public offering hasn't stopped life at the world's biggest online social network. On Thursday, the company unveiled a camera app for the iPhone.
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RealNetworks settles Wash. suit for $2.4 million
Tweet Share on Facebook 3:01PM May 24, 2012 CommentOLYMPIA, Wash. (AP) — Digital media provider RealNetworks will pay a $2.4 million settlement because of free trial subscriptions that resulted in unwanted monthly charges to customers, Washington state Attorney General Rob McKenna announced.
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Say cheese! NASA Mars rover photographs own shadow
Tweet Share on Facebook 12:49PM May 24, 2012 CommentLOS ANGELES (AP) — Even robots like to have fun. NASA's rover on Mars showed off its playful side by snapping a picture of its own shadow. It's the latest self-portrait since the rover, named Opportunity, landed on the red planet in 2004.
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Facebook Shares Stabilizing, But Probes Mount
Tweet Share on Facebook 7:01AM May 24, 2012 Comment
The entrance of Facebook headquarters in Menlo Park, California.
NEW YORK (AP) — 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.
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Yahoo Looks to Shake Up Search, Web Browsing
Tweet Share on Facebook 12:17AM May 24, 2012 Comment
Yahoo! headquarters in Sunnyvale, California.
SAN FRANCISCO (AP) — Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
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HP's Missteps Culminate in Loss of 27,000 Jobs
Tweet Share on Facebook 12:14AM May 24, 2012 Comment
Students in computer lab.
SAN FRANCISCO (AP) — 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.
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Yahoo seeks to shake up search, Web browsing
Tweet Share on Facebook 11:19PM May 23, 2012 CommentSAN FRANCISCO (AP) — Yahoo is joining the battle to redefine Internet search and taking aim at building a better Web browser, too.
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HP to cut 27,000 jobs to save up to $3.5B annually
Tweet Share on Facebook 7:33PM May 23, 2012 CommentSAN FRANCISCO (AP) — Hewlett-Packard Co. is cutting 27,000 jobs in an effort to recover from management missteps that hobbled the Silicon Valley pioneer as its rivals raced ahead with more innovative products and services.
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Facebook stock climbs, but company faces lawsuits
Tweet Share on Facebook 6:28PM May 23, 2012 CommentNEW YORK (AP) — Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.
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Scotland Yard deploys mobile fingerprint devices
Tweet Share on Facebook 5:53PM May 23, 2012 CommentLONDON (AP) — Scotland 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.
