| Tue, May 21, 2013 |
| 07:15 PM |
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Does France have right plan to revive its economy?
PARIS (AP) , The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister...
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| 02:14 PM |
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Should we let wunderkinds drop out of high school?
NEW YORK (AP) , It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college. But now we've got David Karp, who doesn't even have a high school diploma. Karp, 26, founded Tumblr, the online blogging forum, and sold it to Yahoo for $1.1 billion.
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| 01:52 PM |
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Microsoft reveals Xbox One entertainment console
REDMOND, Wash. , Microsoft thinks it has the one. The company revealed the Xbox One, its next-generation entertainment console, during a presentation Tuesday at its headquarters in Redmond, Wash. Don...
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| 01:27 PM |
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Teens wising up to the perils of online oversharing: report
America's teens appear to be finally catching on to the fact that writing up their latest beer pong triumph or their true feelings about their Spanish teacher on their Facebook page may not be such a great idea. A new Pew Research Center study released Tuesday suggests that younger Web users are no longer naively revealing personal details to the world through social media profiles.
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| 06:37 AM |
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Sprint to listen to Dish offer
OVERLAND PARK, Kan. (AP) , Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank. The companies said late Thursday that SoftBank had waived provisions of its deal with Sprint that will allow Sprint to talk with Dish.
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| Mon, May 20, 2013 |
| 09:45 PM |
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Yahoo pledges 'not to screw up' Tumblr
Yahoo Inc. promised Monday "not to screw up" Tumblr's reputation for "cool" when it takes over , even as many of the trendy social network's 300 million users took to the site to complain about just that possibility. Yahoo announced Monday it will purchase Tumblr for about $1.1 billion in cash, after news of the sale broke over the weekend.
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| 07:48 PM |
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Panel: Apple uses firms outside US to avoid taxes
WASHINGTON (AP) , Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. ...
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| 06:43 PM |
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Under Mayer: Boosting mobile, buying companies
Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading the company, she has overseen a redesign of Yahoo services and orchestrated several acquisitions, including a deal to buy online blogging forum Tumblr for $1.1 billion.
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| 06:15 PM |
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Idaho couple and Sun Valley land in Twitter tussle
BOISE, Idaho (AP) , An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho's Sun Valley resort and the Twitter Inc. social media site heisted his handle. Leonard Barshack, who in the 1990s founded the Internet email listing service Bigfoot, is suing Twitter and the Sun Valley Co., demanding they return the handle "SunValley."
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| 05:01 PM |
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Panel: Apple uses firms outside US to avoid taxes
WASHINGTON (AP) , Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. ...
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| 01:57 PM |
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Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO (AP) , Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since she left Google 10 months ago to lead Yahoo's latest comeback attempt.
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| 01:34 PM |
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Senators require fingerprinting at 30 airports
WASHINGTON (AP) , Foreigners leaving the country through any of the nation's 30 busiest airports would undergo mandatory fingerprinting under an amendment senators added Monday to a sweeping immigration bill. Lawmakers called it a step toward a more expansive biometric system that would use identifiers such as fingerprints to keep track of immigrants and visitors exiting the U.S.
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| 01:23 PM |
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Blackstone group offers to take Pactera private
Private equity firm Blackstone Group LP, along with Pactera's CEO and other managers, have offered to take Pactera private in a deal that values the Chinese technology consulting and outsourcing firm at $680.4 million. Shares rose 31 percent Monday. Through Friday's close, before news of the offer, Pactera's stock had lost about two-thirds of its value over the past year.
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| 12:29 PM |
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Seoul: Day 3 of NKorea tests of short-range weapon
SEOUL, South Korea (AP) , North Korea continued firing short-range weapons over its own eastern waters Monday after a weekend of what it called "rocket launching tests" intended to bolster deterrence against enemy attack. South Korean officials were investigating exactly what it was that the North was testing.
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| 12:12 PM |
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Seen and heard at the Cannes Film Festival
CANNES, France (AP) , Associated Press journalists open their notebooks at the 2013 Cannes Film Festival: JAMES CAAN GOES BACK TO THE 70S They don't make movies like they used to , which is why James Caan was happy to go back to the 1970s in Guillaume Canet's "Blood Ties."
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| 11:57 AM |
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Seamless and GrubHub to combine, no terms revealed
NEW YORK (AP) , Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S. Financial terms were not disclosed and it's unclear what the combined company will be called.
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| 10:40 AM |
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High court uphold FCC power in cell tower disputes
WASHINGTON (AP) , The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers. The court voted 6-3 Monday to uphold an appeals court ruling in favor the Federal Communications Commission.
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| 09:18 AM |
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Teen invents 20-second cell phone charger
A California teenager has invented a device that fully charges a cell phone in 20 seconds flat, and leading technology firms, including Google, are turning interested eyes her way. Esha Khare, 18, of Saratoga, Calif., showcased her invention at the Intel International Science and Engineering Fair in Phoenix this past week.
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| 08:04 AM |
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AP NewsAlert
SAN FRANCISCO (AP) , Yahoo is buying online blogging forum Tumblr for $1.1 billion; to remain separately run.
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| 06:37 AM |
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Yahoo offers to buy Tumblr for $1.1B cash
Yahoo's board of directors approved an offer to buy the ailing Tumblr company for $1.1 billion in cash. Tumblr has yet to agree to the deal, various media reported. But the acquisition could be made official as early as Monday, the San Francisco Chronicle reported. Yahoo has scheduled a press conference in New York City, the location of Tumblr headquarters.
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| Sun, May 19, 2013 |
| 11:18 PM |
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SKorea analyzing NKorea's 4 projectile launches
SEOUL, South Korea (AP) , South Korea is analyzing whether projectiles North Korea fired into its eastern waters over the weekend are short-range missiles or a new type of artillery the country may be developing, officials said Monday.
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| Fri, May 17, 2013 |
| 07:35 PM |
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Ex-Groupon CEO working 9 to 5 on business album
NEW YORK (AP) , Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music." Mason said Thursday on his blog that he recently spent a week in Los Angeles and recorded a collection of seven songs called "Hardly Workin'."
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| 07:00 PM |
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Yahoo CEO to announce 'something special' in NYC
NEW YORK (AP) , Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company. The Sunnyvale, Calif., company gave no further details Friday other than that Mayer will be discussing a product. Reporters are being invited to attend the 5 p.m.
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| 06:30 PM |
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A year after IPO, Facebook aims to be ad colossus
NEW YORK (AP) , It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties.
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| 02:47 PM |
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Syrian hackers compromise FT blog, Twitter feeds
LONDON (AP) , A clutch of Twitter accounts and a blog maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which has regularly targeted media organizations it sees as sympathetic to the country's rebels.
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| 02:45 PM |
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Congress gets mixed advice on regulating drones
WASHINGTON (AP) , The growing use of unmanned surveillance "eyes in the sky" aircraft raises a thicket of privacy concerns, but Congress is getting mixed advice on what, if anything, to do about it. A future with domestic drones may be inevitable.
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| 02:20 PM |
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Canada trying to lure Silicon Valley tech workers
SAN JOSE, Calif. (AP) , The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration system.
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| 01:05 PM |
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Bloomberg appoints ex-IBM CEO as privacy adviser
NEW YORK (AP) , Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.
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| 11:08 AM |
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Tableau Software soars in trading debut
NEW YORK (AP) , Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering. Seattle-based Tableau Software Inc. provides software that helps businesses convert data into visual presentations.
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| 11:02 AM |
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'Sonic the Hedgehog' vid games coming to Nintendo
LOS ANGELES (AP) , Sonic the Hedgehog is rolling with Nintendo. Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo platforms. The first title will be called "Sonic Lost World" and is set for release on the Wii U and Nintendo 3DS later this year.
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