Wednesday, May 23, 2012

Yahoo seeks to shake up search, Web browsing

Yahoo seeks to shake up search, Web browsing

Yahoo seeks to shake up search, Web browsing

Posted: 23 May 2012 08:20 PM PDT

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)Yahoo is joining the battle to redefine Internet search and taking aim at building a better Web browser, too.

HP to cut 27,000 jobs to save up to $3.5B annually

Posted: 23 May 2012 05:55 PM PDT

FILE - This Feb. 21, 2012 file photo shows a Hewlett Packard logo in Frisco, Texas. Hewlett-Packard said Wednesday, May 23, 2012 that it's laying off 27,000 workers, 8 percent of its work force, as it restructures the business. The Palo Alto, Calif., company said it'll save $3 billion to $3.5 billion annually from cost cuts, including the layoffs. Hewlett-Packard Co. expects to complete the job cuts by the end of fiscal 2014. (AP Photo/LM Otero, File)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.

Robotic espresso machine turns your foam into text art

Posted: 23 May 2012 08:36 PM PDT

If 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 problem

Posted: 23 May 2012 03:57 PM PDT

There 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 →

6 Spotify Apps for Finding New Music

Posted: 23 May 2012 04:12 PM PDT

Nick Cicero is a social media strategist at On Ideas, an integrated creative agency. Follow him @nickcicero.

Jury: Google didn't infringe on Oracle patents

Posted: 23 May 2012 01:07 PM PDT

A 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

Posted: 23 May 2012 02:21 PM PDT

This image provided by Google shows the Google doodle of Wednesday, May 23, 2012, a fully functioning special interactive synthesizer honoring the 78th birthday of synthesizer pioneer Robert Moog. Moog died in 2005. The Moog doodle, a replica of the Minimoog Model D, may not be a highly complex synthesizer but it explores a lot of the realms of synthesis. (AP Photo/Google)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 devices

Posted: 23 May 2012 02:55 PM PDT

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.

Facebook stock climbs, but company faces lawsuits

Posted: 23 May 2012 05:33 PM PDT

The pre-market price for Facebook stock is shown, Wednesday, May 23, 2012 at the Nasdaq MarketSite in New York. Facebook stock rose in early trading Wednesday, although still far below the $38 it was priced at before its initial public offering Friday. (AP Photo/Mark Lennihan)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.

Yahoo! Axis on your iPhone or iPad keeps you connected

Posted: 23 May 2012 06:00 PM PDT

Intel eyes future with computers that learn

Posted: 23 May 2012 09:07 PM PDT

Video wall displays Intel's logos at the unveiling of its second generation Intel Core processor family during news conference at CES in Las VegasTEL 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

Posted: 23 May 2012 08:45 PM PDT

Apple remains world's most valuable brandApple, 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

Yahoo seeks to shake up search, Web browsing

Posted: 23 May 2012 08:20 PM PDT

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)Yahoo is joining the battle to redefine Internet search and taking aim at building a better Web browser, too.

Jury deals big blow to Oracle in Android case versus Google

Posted: 23 May 2012 07:54 PM PDT

People visit Google's stand at the National Retail Federation Annual Convention and Expo in New YorkSAN 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

Posted: 23 May 2012 07:30 PM PDT

NVIDIA's Kai strategy aims to make $199 quad-core Android tablets a realityNVIDIA 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

Posted: 23 May 2012 07:02 PM PDT

Signboard of United Microelectronics Corp is seen in TaiwanTAINAN, 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

Posted: 23 May 2012 06:54 PM PDT

(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. ...

Shareholders sue Facebook, NYSE comes calling

Posted: 23 May 2012 06:54 PM PDT

In this photo illustration, a Facebook logo on a computer screen is seen through glasses held by a woman in BernSAN 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. ...

RIM's head of global sales leaving BlackBerry maker

Posted: 23 May 2012 06:46 PM PDT

A logo of the Blackberry maker's Research in Motion is seen on a building at RIM Technology Park in WaterlooTORONTO (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. ...

Google clears key mapping software for Syria

Posted: 23 May 2012 06:33 PM PDT

A view of the African and European continents on Google Earth on a computer screenGoogle announced that its mapping software and other products would be available in Syria after getting export approval by the US government.

Samsung and Sony put an end to deep discounts on HDTVs

Posted: 23 May 2012 06:15 PM PDT

Samsung and Sony put an end to deep discounts on HDTVsBoth Samsung and Sony, two of the world's largest television makers, have begun enforcing minimum prices on their HDTV sets, in an effort to preserve profit margins, The Wall Street Journal reported. The plan could also protect retail chains such as Best Buy and Target from being undercut by online merchants such as Amazon. The new policy prevents U.S. retailers from advertising or selling televisions in stores or online for less than a certain price set by the manufacturers. The move comes after HDTV prices have fallen over the past three years, from an average of $644 in 2009 to $545 last year, representing a 15% decline. Samsung and Sony are taking a major risk and could lose sales to

Yahoo! Axis on your iPhone or iPad keeps you connected

Posted: 23 May 2012 06:00 PM PDT

Yahoo! moves to reclaim Internet search crown

Posted: 23 May 2012 05:57 PM PDT

Yahoo! has been steadily losing ground to Google in the Internet search marketYahoo! has set out to reclaim the Internet search crown from Google with the release of software that transforms the way users explore the Web using Apple's coveted gadgets.

HP to cut 27,000 jobs to save up to $3.5B annually

Posted: 23 May 2012 05:55 PM PDT

FILE - This Feb. 21, 2012 file photo shows a Hewlett Packard logo in Frisco, Texas. Hewlett-Packard said Wednesday, May 23, 2012 that it's laying off 27,000 workers, 8 percent of its work force, as it restructures the business. The Palo Alto, Calif., company said it'll save $3 billion to $3.5 billion annually from cost cuts, including the layoffs. Hewlett-Packard Co. expects to complete the job cuts by the end of fiscal 2014. (AP Photo/LM Otero, File)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.

Facebook stock climbs, but company faces lawsuits

Posted: 23 May 2012 05:33 PM PDT

The pre-market price for Facebook stock is shown, Wednesday, May 23, 2012 at the Nasdaq MarketSite in New York. Facebook stock rose in early trading Wednesday, although still far below the $38 it was priced at before its initial public offering Friday. (AP Photo/Mark Lennihan)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.

On The Call: HP CEO Meg Whitman

Posted: 23 May 2012 05:11 PM PDT

Hewlett-Packard Co. expects to reduce its annual expenses by as much as $3.5 billion after cutting 27,000 jobs, or about 8 percent of its work force, within the next two-and-half years.

App Puts Your Bad Parking in the News [VIDEO]

Posted: 23 May 2012 05:00 PM PDT

Surrounded by bad parking? Maybe you should move to Russia.

Samsung’s Galaxy S III smashes preorder records in U.K.

Posted: 23 May 2012 04:50 PM PDT

Samsung's Galaxy S III smashes preorder records in U.K.Samsung's Galaxy S III hasn't even launched yet and it's already setting records. News of the high demand among carriers for the upcoming flagship Samsung smartphone emerged last week, and now U.K. carrier Vodafone has confirmed that it has received a record number of end-user preorders for the Galaxy S III ahead of its launch later this month. A Vodafone spokesperson wouldn't confirm numbers while speaking with The Inquirer, but the company did say preorders of Samsung's latest Galaxy phone have been off the charts. "With over a week to go until launch, it's already the most pre-ordered Android device we've brought into our smartphone line-up to date and our limited time offer of 2GB of mobile data and 100

HP to lay off about 27,000, profit slides 31 percent

Posted: 23 May 2012 04:50 PM PDT

HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem in this January 2010 file photoSAN 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. ...

News Summary: Facebook stock up, co. faces suits

Posted: 23 May 2012 04:20 PM PDT

The pre-market price for Facebook stock is shown, Wednesday, May 23, 2012 at the Nasdaq MarketSite in New York. Facebook stock rose in early trading Wednesday, although still far below the $38 it was priced at before its initial public offering Friday. (AP Photo/Mark Lennihan)PRICING: Facebook Inc.'s fourth day of trading as a public company saw an increase in the company's stock price, after declines on Monday and Tuesday. The stock climbed $1, or 3.2 percent, to close at $32 on Wednesday.

6 Spotify Apps for Finding New Music

Posted: 23 May 2012 04:12 PM PDT

Nick Cicero is a social media strategist at On Ideas, an integrated creative agency. Follow him @nickcicero.

Sports Illustrated Vault: Amazing Pics Unite Social Media With History

Posted: 23 May 2012 04:02 PM PDT

With a slick weekly iPad edition and robust cross-channel packages including its meg-hit annual swimsuit issue, Sports Illustrated has adapted to the digital age better than many legacy print publications. But social media also plays a key role in kindling nostalgia and engaging younger readers, through the Sports Illustrated vault of photos dating back to the magazine's inception in the 1950s.

A look at tech companies with recent IPOs

Posted: 23 May 2012 03:49 PM PDT

Here's a look at how some companies that had initial public offerings of stock since January 2011 are faring. The companies are all loosely Internet-related, though their businesses vary widely.

Developments in Oracle vs Google legal case

Posted: 23 May 2012 03:48 PM PDT

Oracle Corp. had accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google's Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers.

News Summary: No Google infringement, says jury

Posted: 23 May 2012 03:46 PM PDT

THE VERDICT: A federal jury says Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices.

Synopsys raises outlook, splits CEO role

Posted: 23 May 2012 03:44 PM PDT

Synopsys Inc. on Wednesday said its top two leaders will now share the seat of chief executive officer. The company also raised its outlook for the year, citing results in its most latest quarter and a recent acquisition.

Intersil to cut jobs as costs mount

Posted: 23 May 2012 03:42 PM PDT

(Reuters) - Chipmaker Intersil Corp will reduce its workforce by 11 percent to cut costs and revamp its product portfolio. The company expects to incur charges of about $9 million in the second quarter due to the restructuring, it said in a regulatory filing on Wednesday. Intersil employed 1,643 workers as of December 31, 2011. The company said the restructuring plan includes trimming operating costs by about $40 million annually. Intersil's revenue has declined for the last four quarters. Costs, however, have not fallen, hitting its operating margins. ...

News Summary: Hewlett-Packard to cut 27,000 jobs

Posted: 23 May 2012 03:41 PM PDT

FILE - This Feb. 21, 2012 file photo shows a Hewlett Packard logo in Frisco, Texas. Hewlett-Packard said Wednesday, May 23, 2012 that it's laying off 27,000 workers, 8 percent of its work force, as it restructures the business. The Palo Alto, Calif., company said it'll save $3 billion to $3.5 billion annually from cost cuts, including the layoffs. Hewlett-Packard Co. expects to complete the job cuts by the end of fiscal 2014. (AP Photo/LM Otero, File)THE CUTS: Hewlett-Packard Co. plans to cut 27,000 jobs. The reductions will affect about 8 percent of HP's nearly 350,000 employees by the time the overhaul is completed in October 2014.

Europe weighs on NetApp's outlook, stock slumps

Posted: 23 May 2012 03:41 PM PDT

SAN FRANCISCO (Reuters) - NetApp Inc on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty in Europe, sending the data storage equipment maker's shares down 18 percent in after-hours trade. The day before, Dell Inc posted disappointing quarterly results that heightened concerns about cautious IT spending, sending tech stocks sharply lower. "The EMEA (Europe, Middle East, Africa) story is one of uncertainty. We could be seeing a rebound or we could be seeing a strong degradation from there," CEO Tom Georgens said in a telephone interview. ...
Posted by Harshad at 9:28 PM

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