Technology News
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Facebook Billionaire Shuns Luxury for Startup Life
Tweet Share on Facebook 2:53PM April 29, 2012 Comment
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SAN FRANCISCO (AP) — Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean.
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Yahoo escalates patent battle with Facebook
Tweet Share on Facebook 6:28PM April 27, 2012 CommentSAN FRANCISCO (AP) — Yahoo is bringing out more artillery in its patent battle with Facebook.
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Samsung coyness puts smartphone crown in dispute
Tweet Share on Facebook 4:53PM April 27, 2012 CommentNEW YORK (AP) — Smartphones are the hottest gadgets in the world. But who's the biggest smartphone maker? We don't really know.
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Amazon, Texas reach deal to settle sales tax spat
Tweet Share on Facebook 4:44PM April 27, 2012 CommentAUSTIN, Texas (AP) — Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.
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FCC: TV stations must post rates for campaign ads
Tweet Share on Facebook 4:35PM April 27, 2012 CommentWASHINGTON (AP) — The Federal Communications Commission voted Friday to require broadcast TV stations to post online the advertising rates they charge political candidates and advocacy groups.
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Zynga investors worry about growth, shares slump
Tweet Share on Facebook 3:59PM April 27, 2012 CommentNEW YORK (AP) — Shares of Zynga Inc. declined further on Friday, even after the online game maker reported first-quarter results that surpassed Wall Street's expectations. Nervous investors are looking for any signs of a slowdown for the young company, which completed its initial public offering in December.
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Lawmakers Optimistic About Cyber Bill Prospects
Tweet Share on Facebook 3:10PM April 27, 2012 Comment (1)
Keyboard with a lock key to signify safety
WASHINGTON (AP) — House Republicans and Democrats expressed optimism Friday about sending a cybersecurity bill to President Barack Obama this year despite significant disagreements with the Senate and the White House.
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Eastman Kodak 1Q loss widens
Tweet Share on Facebook 12:23PM April 27, 2012 CommentNEW YORK (AP) — Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales.
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FTC hires outside lawyer to steer Google probe
Tweet Share on Facebook 8:03PM April 26, 2012 CommentSAN FRANCISCO (AP) — The Federal Trade Commission has hired a prominent trial lawyer to oversee its broad investigation into Google's business practices, signaling the agency is troubled by what it has discovered so far in its year-old probe.
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Samsung Electronics reports record profit
Tweet Share on Facebook 7:39PM April 26, 2012 CommentSEOUL, South Korea (AP) — Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit.
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Zynga reports 1Q net loss, higher revenue
Tweet Share on Facebook 7:02PM April 26, 2012 CommentNEW YORK (AP) — Online games company Zynga reported a net loss in the first quarter because of stock-compensation expenses, but adjusted earnings were better than Wall Street expected.
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House OKs cybersecurity bill despite veto threat
Tweet Share on Facebook 6:54PM April 26, 2012 CommentWASHINGTON (AP) — The House ignored Obama administration objections Thursday and approved legislation aimed at helping stop electronic attacks on critical U.S. infrastructure and private companies.
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Google Fires Back at FCC on Wi-Fi Investigation
Tweet Share on Facebook 6:54PM April 26, 2012 Comment
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SAN FRANCISCO (AP) — After being spanked by the Federal Communications Commission, Google is scolding the agency for its handling of a recently concluded investigation into the company's collection of emails, passwords and other personal information transmitted over wireless networks.
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Kindle Fire helps Amazon beat 1Q estimates
Tweet Share on Facebook 6:51PM April 26, 2012 CommentLOS ANGELES (AP) — Amazon.com Inc. posted first-quarter profits Thursday that blew by analysts' estimates and boosted the company's stock in extended trading. The online commerce giant said its Kindle Fire tablet computer was its best-selling item and helped lift revenue from digital movies and books.
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Clearwire 1Q revenue drops from 4Q on Sprint deal
Tweet Share on Facebook 5:36PM April 26, 2012 CommentKIRKLAND, Wash. (AP) — Clearwire Corp., which runs a wireless data network, on Thursday reported its first drop in quarter-over-quarter revenue, as a new deal with major customer Sprint Nextel Corp. kicked in.
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Wal-Mart offers online shoppers a "cash" option
Tweet Share on Facebook 5:02PM April 26, 2012 CommentNEW YORK (AP) — Wal-Mart shoppers now will be able to pay cash for online purchases.
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New board member says RIM turnaround to take years
Tweet Share on Facebook 2:45PM April 26, 2012 CommentTORONTO (AP) — The newest board member of BlackBerry maker Research in Motion Ltd. said Thursday that a turnaround could take three to five years.
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Hubbub over content rights greets Google Drive
Tweet Share on Facebook 1:27PM April 26, 2012 CommentSAN FRANCISCO (AP) — Google is facing suspicion and confusion as it tries to persuade people to entrust personal documents, photos and other content to the company's new online storage service.
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Time Warner Cable profit up 18 pct in 1Q
Tweet Share on Facebook 11:47AM April 26, 2012 CommentNEW YORK (AP) — Time Warner Cable Inc. reported an 18 percent increase in first-quarter net income Thursday, as acquisitions and new broadband customers boosted revenue.
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Nintendo sinks into loss on weak sales
Tweet Share on Facebook 3:20AM April 26, 2012 CommentTOKYO (AP) — Nintendo Co. sank into a 43.2 billion yen ($533 million) loss for the fiscal year just ended as weak sales of the Wii home console and the strong yen eroded earnings.
