Monthly Archives: January 2014

High Tech and Inventing

Nadella outran better-known candidates for Microsoft CEO By Nadia Damouni and Bill Rigby NEW YORK/SEATTLE (Reuters) – The race to determine the next head of Microsoft Corp looks to have ended where it began, with the software giant poised to take the route of least risk and tap rising internal star Satya Nadella for the job. After a bruising, five-month selection process, the list of contenders was cut to six serious candidates, with the chief executive job nearly going to … Read More

High Tech and Inventing

Yahoo Resets Mail Passwords After Rash of Hijackings Yahoo today (Jan. 30) reported a "coordinated effort" to break into an undisclosed number of Yahoo Mail accounts, and said it was resetting the passwords on all affected accounts. "The list of usernames and passwords that were used to execute the attack was likely collected from a third-party database compromise," Yahoo's Jay Rossiter, senior vice president of platforms and personalization products, wrote on Yahoo's official Tumblr page. "We have no evidence that … Read More

High Tech and Inventing

Lenovo to buy Google's Motorola in China's largest tech deal By Nadia Damouni, Nicola Leske and Gerry Shih NEW YORK/SAN FRANCISCO (Reuters) – Lenovo Group said on Wednesday it agreed to buy Google Inc's Motorola handset division for $2.91 billion, in what is China's largest-ever tech deal as Lenovo buys its way into a heavily competitive U.S. handset market dominated by Apple Inc. It is Lenovo's second major deal on U.S. soil in a week as the Chinese electronics company … Read More

High Tech and Inventing

Apple's China moment still frustratingly out of reach By Paul Carsten and Edwin Chan BEIJING/SAN FRANCISCO (Reuters) – Apple Inc may have to wait a little longer for its watershed moment in China. A disappointing March-quarter revenue forecast, coupled with surprisingly weak holiday iPhone sales, suggest pundits may have over-estimated initial demand from China Mobile's 700 million-plus subscribers, a key factor that has pushed its shares 18 percent higher in the fourth quarter. Apple and China Mobile struck their deal … Read More

High Tech and Inventing

Quentin Tarantino sues website over leaked script LOS ANGELES (AP) — Quentin Tarantino sued the news and gossip website Gawker on Monday over a post that directed readers to a leaked copy of the Oscar-winning screenwriter's latest movie. Kleiner Perkins founder apologizes for comparing Google bus protests to Kristallnacht The co-founder of a prominent Silicon Valley venture capital firm apologized today for saying he worried that the Bay Area would be the scene of the next Kristallnacht, referring to a … Read More

High Tech and Inventing

Foxconn could start manufacturing large displays in the US At an event commemorating its 40th anniversary this weekend, Foxconn boss Terry Gou mentioned that the company is exploring the possibility of opening a display manufacturing plant in the US that could produce screens larger than 60 inches, The Wall Street Journal reports. The days of an Asian stronghold on high-tech manufacturing appear numbered as industry giant Foxconn — and major brands including Apple and Google — make a push to move … Read More

High Tech and Inventing

U.S. retailer Michaels warns of possible payment card breach By Jim Finkle BOSTON (Reuters) – Michaels Companies Inc, the biggest U.S. arts and crafts retailer, said it is investigating a possible security breach on its payment card network and advised customers to check their financial statements for fraudulent activity. If confirmed, it would mark the second known data breach since 2011 at Michaels, which is preparing to sell shares in an initial public offering. “We are concerned there may have … Read More

High Tech and Inventing

Google glitch flooded at least one poor guy's inbox Users around the world dealt with Gmail woes earlier today, but at least one faced an even stranger Gmail problem. David Peck, a private banker from Fresno, California, has been receiving thousands and thousands of emails from strangers — all because of a bizarre Google search result glitch that apparently kicked in yesterday. Apple set to report record holiday, but China doubts stay Apple Inc may notch its most successful holiday … Read More

High Tech and Inventing

Icahn takes another $500 million bite out of Apple By Edwin Chan SAN FRANCISCO (Reuters) – Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company's cash hoard. Icahn, who repeatedly has called Apple a "no brainer" even as he wages a campaign to get it to return more cash to shareholders, tweeted … Read More

High Tech and Inventing

EBay 4Q earnings up, Icahn proposes PayPal split NEW YORK (AP) — EBay said Wednesday that earnings and revenue grew in the last three months of 2013, driven by a strong holiday season for its e-commerce site and its fast-growing payments business, PayPal. Apple says a fix for random iOS 7 reboots is coming Apple has confirmed to Mashable that it's aware of a bug that causes devices running iOS 7 to randomly reset for no apparent reason. The issue has … Read More