Friday, July 27, 2012

Facebook shares sink to new low after 2Q results

Facebook shares sink to new low after 2Q results


Facebook shares sink to new low after 2Q results

Posted: 27 Jul 2012 10:52 AM PDT

FILE - In this May 16, 2012 file photo, the Facebook logo is displayed on an iPad in Philadelphia. Facebook's stock hit a new low Friday, July 27, 2012, after it reported second-quarter results that disappointed investors. The stock fell $3.90, or nearly 15 percent, to $22.94 in morning trading Friday. Facebook Inc.'s initial public offering of stock priced at $38, and its low had been $25.52, hit on June 6. The stock is now about 39 percent below its IPO price. (AP Photo/Matt Rourke, File)Facebook's stock hit a new low Friday after it reported lukewarm second-quarter results and didn't give an outlook for the coming months.


IDC: Samsung extends lead in smartphones

Posted: 27 Jul 2012 12:53 PM PDT

Samsung Electronics' Galaxy Tabs tablet computers are displayed at the company's shop in Seoul, South Korea, Friday, July 27, 2012. Samsung, the world's largest technology company by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals at a challenging time for the global tech industry. Samsung Electronics Co.'s net profit swelled to 5.2 trillion won ($4.5 billion) in the April-June quarter, a 48 percent jump from a year earlier. (AP Photo/Ahn Young-joon)Samsung has extended its lead over Apple in smartphones, in part because its new Galaxy phones came out before Apple updated its iPhone, research group IDC said Friday.


Apple buying AuthenTec for about $356 million

Posted: 27 Jul 2012 10:20 AM PDT

Apple has agreed to buy fingerprint reader AuthenTec Inc. for approximately $356 million as the company known for iPhones and iPads looks to strengthen its digital security capabilities.

Did a ‘Follow Friday’ list reveal the name of Mitt Romney’s VP choice?

Posted: 27 Jul 2012 08:16 PM PDT

With the 2012 Olympic Games now officially underway in England, it can be easy to forget that 2012 is also notable for being a presidential election year... at least for the next few weeks. Well, former Massachusetts Governor Mitt Romney … Continue reading →

Philadelphia getting pizza museum backed by Kickstarter

Posted: 27 Jul 2012 08:08 PM PDT

Philadelphia, Pa. is home to quite a few historic landmarks, including the Liberty Bell and Independence Hall, where the Declaration of Independence was signed by American's founders. In August, it'll welcome another: The world's first pizza history museum. The brainchild … Continue reading →

Please, NBC and IOC, Learn How to Share the Olympics

Posted: 27 Jul 2012 04:38 PM PDT

Please, NBC and IOC, Learn How to Share the OlympicsOh, those Olympic moments. The three-hour opening ceremony was full of them, everything from James Bond escorting the Queen to the stadium (via helicopter and parachute!) to a 10-story-tall Voldemort and giant baby (don't ask) and, perhaps best of all, the beloved Mr. Bean, a.k.a. Rowan Atkinson, losing himself in a "Chariots of Fire" montage. Spectacular, memorable, viral and mostly, wholly unavailable.


Apple buying AuthenTec for about $356 million

Posted: 27 Jul 2012 10:20 AM PDT

Apple has agreed to buy fingerprint reader AuthenTec Inc. for approximately $356 million as the company known for iPhones and iPads looks to strengthen its digital security capabilities.

Amazon CEO gives $2.5M for Wash. gay marriage law

Posted: 27 Jul 2012 12:43 PM PDT

FILE - In a Monday, May 7, 2012 file photo, Amazon founder, president and CEO Jeff Bezos and wife Mackenzie Bezos arrive at the Metropolitan Museum of Art Costume Institute gala benefit, celebrating Elsa Schiaparelli and Miuccia Prada, in New York. Bezos and his wife MacKenzie announced a gift Friday, July 27, 2012 of $2.5 million to the campaign to defend Washington's same-sex marriage law. (AP Photo/Evan Agostini, File)Amazon.com founder and CEO Jeff Bezos and his wife, MacKenzie, announced Friday they are donating $2.5 million to the campaign to defend Washington's same-sex marriage law.


NJ airport unveils virtual customer service rep

Posted: 27 Jul 2012 06:51 AM PDT

Passengers at New Jersey's Newark Liberty International Airport will always get a smile from this customer service representative. Just don't ask her to carry luggage.

Google: Didn't delete Street View data after all

Posted: 27 Jul 2012 11:40 AM PDT

Executive Chairman of Google Eric Schmidt looks on during a reception, hosted by Britain's Prince Charles, at Clarence House in London for the delegates of the Global Investment Conference, Thursday, July 26, 2012. The Prince of Wales Prince Charles is hosting the reception on the eve of the opening ceremony for the London 2012 Olympics Games.(AP Photo/Sang Tan)After being caught spying on people across Europe and Australia with its Wi-Fi-slurping Street View cars, Google had told angry regulators that it would delete the ill-gotten data.


Scope Android app perfect for wrangling your social media life

Posted: 27 Jul 2012 01:30 PM PDT

Looking for a quick way to scan all your social media accounts in one place? The free Scope app for Android is a new social hub that allows you to check out what is happening on Facebook, Twitter, FourSquare, Instagram, and Tumblr in one place. Hey, hey the gang's all here! It's all your favorite social apps rolled into one. The cool feature of Scope is it breaks everything out into "Personal Streams" of photos, videos, check-ins, notifications, and messages from all the different social sites. That way, you don't have to open five apps to check-in with all your social media buddies.

Study suggests reading this post could make you blind

Posted: 27 Jul 2012 07:00 PM PDT

Study suggests reading this post could make you blindThe United States Department of Health & Human Services suggests people limit exposure to screens such as computer monitors and television sets to less than two hours per day. According to a recent study published in the Journal of Pediatrics, however, today's children are exceeding the recommended maximum exposure time by 66%. To make matters worse, millions of jobs also require workers to sit behind some sort of screen that could be potentially harming their eyes. A Healthier Michigan notes that when users focus on a screen for a long time, the small muscles in the eyes remain contracted, resulting in fatigue, blurred vision and an inability to focus. While a typical person blinks between 12 and 15 times a minute, when


US spy master courts top hackers at Def Con

Posted: 27 Jul 2012 06:41 PM PDT

National Security Agency Director Keith AlexanderUS spy master Keith Alexander courted hackers at an infamous Def Con gathering rife with software tricksters wary of police and ferociously protective of privacy.


US judge grants injunction in Backpage.com lawsuit

Posted: 27 Jul 2012 06:22 PM PDT

A federal judge issued a preliminary injunction Friday to block enforcement of a new Washington state law that would require classified advertising companies to verify the ages of people in sex-related advertisements.

Apple saves face, doesn’t have to place ‘Samsung didn’t copy us’ newspaper ads… yet

Posted: 27 Jul 2012 05:55 PM PDT

Apple saves face, doesn't have to place 'Samsung didn't copy us' newspaper ads… yetAs the patent war between Apple (AAPL) and Samsung (005930) continues to heat up in the United States, Apple has won another small victory abroad, albeit temporarily. A judge in the United Kingdom ruled last week that as part of retribution for repeatedly relaying damning messages about Samsung products, Apple would have to place several advertisements in British newspapers explaining that Samsung products do not copy Apple's despite the Cupertino, California-based company's repeated prior claims. All Things D reports that on Thursday, however, the judge granted Apple's request to postpone the punishment through October, when the iPhone maker will have a chance to appeal the decision in court. Read


If 'A Space Odyssey' Were Reimagined as a Hollywood Blockbuster

Posted: 27 Jul 2012 05:11 PM PDT

Stanley Kubrick's classic film 2001: A Space Odyssey set the bar for science-fiction films and is still influencing movie makers. But, what would the film look like if it was made today?

Kim Dotcom claims vindication after leaked music industry report

Posted: 27 Jul 2012 04:50 PM PDT

Kim Dotcom claims vindication after leaked music industry reportKim Dotcom may be zany, but he also has some compelling facts on his side. In an interview with Ars Technica Thursday, the embattled Megaupload founder pointed to a leaked report from the International Federation of the Phonographic Industry (IFPI) showing that Megaupload was far from the worst offender when it came to hosting URLs that infringed upon copyrighted material. In fact, per the IFPI report, the number of infringing URLs hosted by Megaupload was positively dwarfed by file-sharing sites such as filesonic.com, which accounted for nearly half of all infringing URLs, and wupload.co.uk. "If the largest file hoster in the world does not represent a significant percentage of infringing URL's found by IFPI, this can only lead to one conclusion,"


Please, NBC and IOC, Learn How to Share the Olympics

Posted: 27 Jul 2012 04:38 PM PDT

Please, NBC and IOC, Learn How to Share the OlympicsOh, those Olympic moments. The three-hour opening ceremony was full of them, everything from James Bond escorting the Queen to the stadium (via helicopter and parachute!) to a 10-story-tall Voldemort and giant baby (don't ask) and, perhaps best of all, the beloved Mr. Bean, a.k.a. Rowan Atkinson, losing himself in a "Chariots of Fire" montage. Spectacular, memorable, viral and mostly, wholly unavailable.


Forget Traditional Tours; Discover New Ways to Travel With Vayable

Posted: 27 Jul 2012 04:38 PM PDT

Forget Traditional Tours; Discover New Ways to Travel With Vayable[More from Mashable: 10 Budget Airfare Tools Every Traveler Should Know]


Apple Considered Investing in Twitter [REPORT]

Posted: 27 Jul 2012 04:25 PM PDT

Apple isn't currently in talks with Twitter to invest in the social-networking site, but according to a report from The New York Times, the two companies were previously in such discussions that would value Twitter at more than $10 billion.

Google seeks to close book in author copyright case

Posted: 27 Jul 2012 04:04 PM PDT

Google asked a US court to dismiss a lawsuit over the Internet giant's massive book-scanning project, Google BooksGoogle asked a US court Friday to put an end to a long-running lawsuit over the Internet giant's massive book-scanning project, saying the effort is "not a substitute" for books themselves.


Nokia confirms closure of final Finnish factory

Posted: 27 Jul 2012 03:55 PM PDT

Nokia confirms closure of final Finnish factoryNokia (NOK) on Friday confirmed the imminent closure of its last factory in Finland. Though there have been some bright spots for Nokia, the struggling smartphone maker reported its third consecutive billion-dollar loss in the second quarter this year, highlighting just how difficult is has become for vendors to thrive in a market dominated by just two companies. As part of Nokia's continuing efforts to cut costs, the company on Friday told Yle that its last Finnish factory in Salo, Finland will close this fall. 780 workers will lose their jobs as a result, finding themselves among the 10,000 employees Nokia will lay off by the end of 2013. Read


Analysis: Internet stock collapse dents Silicon Valley

Posted: 27 Jul 2012 03:46 PM PDT

Zynga General Manager Manuel Bronstein speaks at the Zynga Unleashed event in San FranciscoSAN FRANCISCO (Reuters) - Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be seduced by Internet hype. With a few exceptions, the first wave of social media firms to trade on the public markets has delivered a disastrous performance that conjures memories of the dot-com bust of 2000. "Farmville" publisher Zynga, which went public in December at a valuation of $7 billion, is trading around $3.15 a share, more than 68 percent off its $10 IPO price. ...


Ecstasy Impairs Memory; Massive Stars Likened to Vampires

Posted: 27 Jul 2012 03:38 PM PDT

Ecstasy Impairs Memory; Massive Stars Likened to VampiresDiscovered: Tanzania might profit from global warming; massive stars suck their partners dry; it's hard to remember things on ecstasy; researching the benefits of barefoot running.


Google admits it did not delete Street View data

Posted: 27 Jul 2012 03:35 PM PDT

Inside view of the new headquarters of Google France before its official inauguration in ParisLONDON (Reuters) - Google Inc said on Friday it had not kept its promise to delete all the personal data, such as emails, its Street View cars collected in Britain and other countries in 2010. The U.S. company admitted in May 2010 that its vehicles, which photograph neighbourhoods to create street level images, had accidentally collected data from unsecured wireless networks used by residents in more than 30 countries. ...


Listen to Talk Radio on Your iPhone? You're Probably a Liberal

Posted: 27 Jul 2012 03:35 PM PDT

Listen to Talk Radio on Your iPhone? You're Probably a LiberalDo you use your smartphone to listen to political talk radio? Then you're more likely to be a liberal than a conservative, according to a new study.


Apple, Samsung take patent fight to crucial California trial

Posted: 27 Jul 2012 03:14 PM PDT

An Apple retail store is seen in Carlsbad, CaliforniaSAN FRANCISCO (Reuters) - Apple Inc and Samsung Electronics Co Ltd take their battle for mobile supremacy to court on Monday in one of the biggest-ever technology patent trials, a case with the potential to reshape a fast-evolving market they now dominate. The tech titans will lock horns in a federal courtroom in San Jose, California, just miles from Apple's headquarters. The stakes are high, with Samsung facing potential U.S. sales bans of its Galaxy smartphones and tablet computers, and Apple in a pivotal test of its worldwide patent litigation strategy. ...


Google's Apology for Not Deleting Street View Data Isn't Enough

Posted: 27 Jul 2012 03:13 PM PDT

Google's Apology for Not Deleting Street View Data Isn't EnoughGoogle has apologized for keeping user data it said it destroyed, but that hasn't placated its critics. Back in 2010, the company had said it would destroy some information it had collected over wireless networks in the U.K. while making its street view maps. Today, Google admitted that it did not in fact delete all that information, reports The Telegraph's Matt Warmann, adding this small "sorry!" to the letter it sent the United Kingdom's Information Commissioner's Office, which worked with Google to investigate the original privacy breach. ...


You'll Grin and Bear it With This Wild Live Video Stream

Posted: 27 Jul 2012 03:12 PM PDT

Ever wanted to visit the Alaskan wild but been deterred by high flight costs and the threat of death or dismemberment? Well, now you can make the trip, no bear spray required, via a live feed from Explore.org. You can kick back and watch Brown Bears lunching on fresh salmon in Alaska's Brooks River.

Galaxy Note unofficially gets Jelly Bean

Posted: 27 Jul 2012 03:00 PM PDT

Galaxy Note unofficially gets Jelly BeanAndroid fragmentation is a notorious pain, but it seems some crafty software developers are taking matters into their own hands. Via PocketNow, XDA-Developers forum member XpLoDWilD has posted a preview of the new CyanogenMod 10 that is described as a "free, community built, aftermarket firmware distribution of Android 4.1 Jelly Bean" that "can be used without any need to have any Google application installed." The folks at PocketNow tried installing the mod onto the Samsung (005930) Galaxy Note and have, so far, come up with mixed results. "So far, we've found the CM10 previews to be exceptionally stable and (most importantly) fast," they write. "How about [on] the Galaxy Note? Well, that might be the exception. While the CM10 preview works in terms of


Hidden Genius Project Provides Tech Mentorship for Young Black Men

Posted: 27 Jul 2012 02:53 PM PDT

Hidden Genius Project Provides Tech Mentorship for Young Black Men[More from Mashable: How to Do a Clean Install of OS X Mountain Lion]


S&P downgrades outlook on New York Times credit

Posted: 27 Jul 2012 02:47 PM PDT

Standard & Poor's ratings services lowered its outlook on the credit ratings of The New York Times Co., citing a decline in print advertising revenue.

Facebook's stock sinks, so who should buy it?

Posted: 27 Jul 2012 02:44 PM PDT

FILE - In this May 16, 2012 file photo, the Facebook logo is displayed on an iPad in Philadelphia. Facebook's stock hit a new low Friday, July 27, 2012, after it reported second-quarter results that disappointed investors. The stock fell $3.90, or nearly 15 percent, to $22.94 in morning trading Friday. Facebook Inc.'s initial public offering of stock priced at $38, and its low had been $25.52, hit on June 6. The stock is now about 39 percent below its IPO price. (AP Photo/Matt Rourke, File)Investors are dumping Facebook's stock, spooked by slowing revenue growth, the lack of a financial outlook and plans to spend more money in the coming months.


Google urges end to authors' digital book lawsuit

Posted: 27 Jul 2012 02:15 PM PDT

A security personnel answers a call at the reception counter of the Google office in the southern Indian city of Hyderabad(Reuters) - Google Inc retook the offensive against thousands of authors claiming it copied their works without permission, and urged the end of a class-action lawsuit arising from its ambitious plan to build the world's largest digital book library. Friday's request by the world's largest search engine company followed a federal judge's March 2011 rejection of a sweeping $125 million settlement of the now seven-year-old case. Talks to revive an accord later broke down. ...


What Higher Education Will Look Like in 2020 [STUDY]

Posted: 27 Jul 2012 02:10 PM PDT

What Higher Education Will Look Like in 2020 [STUDY]In 2020, students may be able to travel to faraway continents, and attend a school halfway around the world.


Mr. Bean Gets Carried Away During Olympics Appearance [VIDEO]

Posted: 27 Jul 2012 02:10 PM PDT

Rowan Atkinson, the actor who plays Mr. Bean, made an appearance Friday in the Olympics opening ceremony as a synth player in the orchestra. His whole job was to play one key over, and over, and over during "Chariots of Fire."

Facebook’s stock is tanking – did investors get played by big banks?

Posted: 27 Jul 2012 02:05 PM PDT

Facebook's stock is tanking – did investors get played by big banks?Although Facebook (FB) met expectations in its first-ever earnings report on Thursday, the reaction from investors has been decidedly ugly so far. By the end of trading on Friday, the company's stock price had dropped by 117% to close at $23.70, or about half the value of its 52-week peak of $45. Making things worse, Facebook's big slide came on a day when the NASDAQ closed up 2.24%, meaning Facebook can't plausibly blame its slide on weak U.S. GDP numbers or other external factors. As Forbes's Nathan Vardi notes, Facebook was never really in an ideal situation to go public this year and investment banks used the company's brand-name status to hype it to unreasonable expectations, especially given that no one knew


Facebook hammered as earnings fuel doubts

Posted: 27 Jul 2012 01:56 PM PDT

Facebook shares took a beatingFacebook shares took a beating Friday after uninspiring earnings in the first results since the much-hyped public offering of the world's biggest social network.


James Bond and the Queen Parachute Into the Olympics [VIDEO]

Posted: 27 Jul 2012 01:45 PM PDT

"Good evening, Mr. Bond," Her Majesty said to one of the UK's most iconic characters, before being escorted out of Buckingham Palace. The queen and 007 -- or, rather, actors portraying them -- then parachuted in to London's opening ceremony of the 2012 Olympics.

Scope Android app perfect for wrangling your social media life

Posted: 27 Jul 2012 01:30 PM PDT

Looking for a quick way to scan all your social media accounts in one place? The free Scope app for Android is a new social hub that allows you to check out what is happening on Facebook, Twitter, FourSquare, Instagram, and Tumblr in one place. Hey, hey the gang's all here! It's all your favorite social apps rolled into one. The cool feature of Scope is it breaks everything out into "Personal Streams" of photos, videos, check-ins, notifications, and messages from all the different social sites. That way, you don't have to open five apps to check-in with all your social media buddies.

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