Tuesday, September 25, 2012

Yahoo CEO fleshes out plans, new CFO named

Yahoo CEO fleshes out plans, new CFO named


Yahoo CEO fleshes out plans, new CFO named

Posted: 25 Sep 2012 05:55 PM PDT

Yahoo! CEO Mayer listens during TechCrunch Disrupt SF 2012 in San FranciscoSAN FRANCISCO (Reuters) - New Yahoo Inc CEO Marissa Mayer laid out broad goals for the Internet giant in her first companywide address Tuesday, and received an enthusiastic reception from a workforce that has faced years of uncertainty and management turmoil. Mayer mainly sketched broad visions rather than concrete details for her turnaround strategy, according to several people familiar with what was said in the tightly controlled meeting. ...


Wells Fargo website hit by access issues amid cyber threats

Posted: 25 Sep 2012 07:23 PM PDT

The logo for Wells Fargo bank is pictured in downtown Los Angeles(Reuters) - Wells Fargo & Co on Tuesday became the latest bank to suffer problems with its website amid heightened concerns about cyber attacks against U.S. financial institutions. The fourth-largest U.S. bank by assets confirmed that some of its customers experienced intermittent access issues on Tuesday. The bank was working to quickly resolve the issues, a spokeswoman said, declining to comment on the source of the problem. A financial services industry group last week warned U.S. ...


Google executive in Brazil faces arrest over elections law

Posted: 25 Sep 2012 08:36 PM PDT

File photo of Google Inc's logoSAO PAULO (Reuters) - An elections court in Brazil has ordered the arrest of Google's most senior executive in the country after the company failed to take down YouTube videos attacking a local mayoral candidate. Google is appealing the order, which follows a similar decision by another Brazilian election judge. In that case, a judge found another senior executive responsible for violating local election law. That decision was overturned last week. ...


Self-driving cars are now street legal in California

Posted: 25 Sep 2012 06:16 PM PDT

California has become the third state to welcome driverless cars with open arms. Governor Jerry Brown signed a bill into law today that officially legalized self-driving vehicles, following in the footsteps of Nevada and Florida. The signing event was held … Continue reading →

Newly discovered Android security flaw can wipe your phone with the click of a link

Posted: 25 Sep 2012 06:08 PM PDT

A potentially devastating security flaw has been uncovered that affects a sizeable number of Android-based smartphones, including Samsung's flagship Galaxy S III. The exploit allows web pages to make your phone believe that a special service number called a Unstructured … Continue reading →

Social Media's Biggest Screw-Ups [INFOGRAPHIC]

Posted: 25 Sep 2012 03:55 PM PDT

Social Media's Biggest Screw-Ups [INFOGRAPHIC]The list of celebrities and major brands burned by social media blunders is long and ever-growing.


California governor signs driverless cars bill

Posted: 25 Sep 2012 08:53 PM PDT

From left, California Gov. Edmund G Brown Jr., state Senator Alex Padilla and Google co-founder Sergey Brin stand by a driverless car they arrived in at Google headquarters in Mountain View, Calif., Tuesday, Sept. 25, 2012. Brown visited Google to sign legislation for driverless cars. The legislation will open the way for driverless cars in the state. Google, which has been developing autonomous car technology and lobbying for the legislation has a fleet of driverless cars that has logged more than 300,000 miles (482,780 kilometers) of self-driving on California roads. (AP Photo/Eric Risberg)Gov. Jerry Brown rode to Google headquarters in a self-driving Toyota Prius before signing legislation Tuesday that will pave the way for driverless cars in California.


NYT to sell Indeed.com stake for $100M gain

Posted: 25 Sep 2012 02:51 PM PDT

The New York Times Co. is selling its minority interest in the job listing website Indeed.com and said it expects to book a $100 million profit in the fourth quarter.

Einstein's brain is now interactive iPad app

Posted: 25 Sep 2012 06:30 AM PDT

This digitized image made from a screen shot of a new iPad app, provided Sept. 24, 2012 by the National Museum of Health and Medicine Chicago, shows an image of brain tissue from renowned theoretical physicist Albert Einstein. The new application to be released Tuesday, Sept. 25 will allow users to see Einstein's brain as if they were looking through a microscope. The application promises to make detailed images of his brain more accessible to scientists than ever before. Teachers, students and anyone who's curious also can get a look. (AP Photo/Courtesy the National Museum of Health and Medicine Chicago)The brain that revolutionized physics now can be downloaded as an app for $9.99. But it won't help you win at Angry Birds.


IBM CEO Virginia Rometty takes on chairman title

Posted: 25 Sep 2012 02:46 PM PDT

IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year.

Rhapsody’s mobile strategy is bigger than offline playlists

Posted: 25 Sep 2012 02:56 PM PDT

Music when you want it, where you want it. Rhapsody is all about access, recently updating its cloud music service to support offline playlists for Android users. It's a small step in the grand scheme of things, but puts Rhapsody on par with rivals like Spotify, making offline access an emerging standard amongst music cloud providers.

California governor signs driverless cars bill

Posted: 25 Sep 2012 08:53 PM PDT

From left, California Gov. Edmund G Brown Jr., state Senator Alex Padilla and Google co-founder Sergey Brin stand by a driverless car they arrived in at Google headquarters in Mountain View, Calif., Tuesday, Sept. 25, 2012. Brown visited Google to sign legislation for driverless cars. The legislation will open the way for driverless cars in the state. Google, which has been developing autonomous car technology and lobbying for the legislation has a fleet of driverless cars that has logged more than 300,000 miles (482,780 kilometers) of self-driving on California roads. (AP Photo/Eric Risberg)Gov. Jerry Brown rode to Google headquarters in a self-driving Toyota Prius before signing legislation Tuesday that will pave the way for driverless cars in California.


Google executive in Brazil faces arrest over elections law

Posted: 25 Sep 2012 08:36 PM PDT

File photo of Google Inc's logoSAO PAULO (Reuters) - An elections court in Brazil has ordered the arrest of Google's most senior executive in the country after the company failed to take down YouTube videos attacking a local mayoral candidate. Google is appealing the order, which follows a similar decision by another Brazilian election judge. In that case, a judge found another senior executive responsible for violating local election law. That decision was overturned last week. ...


FCC chairman declines comment on AT&T’s controversial FaceTime policy

Posted: 25 Sep 2012 08:25 PM PDT

FCC chairman declines comment on AT&T's controversial FaceTime policyFederal Communications Commission chairman Julius Genachowski on Tuesday told The Verge that AT&T's (T) policy on Apple's (AAPL) FaceTime application was a matter of contention but wouldn't say whether or not it violated the FCC's net neutrality rules. Genachowski said that he couldn't comment on how he felt about AT&T's decision to limit FaceTime over its cellular network to shared data plan subscribers because the case might soon wind up being heard by the FCC and he didn't want to show any prejudice for or against the wireless carrier. Several open-Internet advocacy groups said earlier this month that they planned to file a formal complaint against AT&T over its FaceTime policy as an alleged violation of net neutrality.


Cisco CEO: Next U.S. president must take page from Clinton's book

Posted: 25 Sep 2012 07:33 PM PDT

Chairman of the Board and CEO of Cisco John Chambers speaks at the Global Investment Conference in LondonNEW YORK (Reuters) - Cisco Systems Inc CEO John Chambers, a supporter of Mitt Romney, says the country's next head of state should take his cues from former President Bill Clinton who was able to work effectively with businesses to generate jobs and create budget surpluses. "There's a lot to learn from President Clinton. It kills me as a strong Republican saying it, but he was the most effective president during my lifetime," Chambers told Reuters in an interview on Tuesday. "And when business got out of line, he smacked them," Chambers said. ...


Huawei to develop its own mobile OS as a backup plan for Android and Windows Phone 8

Posted: 25 Sep 2012 07:30 PM PDT

Huawei to develop its own mobile OS as a backup plan for Android and Windows Phone 8Huawei (002502) has increased its presence in the smartphone market with a number of new Android handsets and will continue its push with upcoming smartphones and tablets based on the Windows Phone 8 platform. The Chinese manufacturer also plans to develop its own mobile operating system in case it wants to distance itself from Android in the future. "Whatever consumers like, we'll develop," Wan Biao, CEO of Huawei Device, said in an interview with Reuters. "We're also devoting resources into coming up with a phone operating system based on our current platform in case other companies won't let us use their system one day." Despite disappointing early sales, Huawei is looking to ship more than 100 million mobile phones this year, including


Wells Fargo website hit by access issues amid cyber threats

Posted: 25 Sep 2012 07:23 PM PDT

The logo for Wells Fargo bank is pictured in downtown Los Angeles(Reuters) - Wells Fargo & Co on Tuesday became the latest bank to suffer problems with its website amid heightened concerns about cyber attacks against U.S. financial institutions. The fourth-largest U.S. bank by assets confirmed that some of its customers experienced intermittent access issues on Tuesday. The bank was working to quickly resolve the issues, a spokeswoman said, declining to comment on the source of the problem. A financial services industry group last week warned U.S. ...


Sharp plans to eliminate 11,000 jobs, raise $2.74 billion by selling assets

Posted: 25 Sep 2012 06:35 PM PDT

Sharp plans to eliminate 11,000 jobs, raise $2.74 billion by selling assetsSharp (SHCAY) plans to lay off 11,000 employees and generate $2.74 billion by selling off various assets, according to a leaked memo obtained by Japanese news organization Kyodo News. The troubled Japan-based company, which previously announced plans to cut 2,000 domestic jobs, submitted its plans to various financial institutions to notify them about its new restructuring proposals. Sharp will cut wages, unload a number of its overseas manufacturing plants and cut ties with its subsidiary and shares in Toshiba, in addition to overhauling its LCD TV business, cutting down its solar battery operation and strengthening its LCD panel business for mobile devices. The company's previously announced round of layoffs are set to begin in November, and Kyodo News did not reveal when


Lawsuit over HP ex-CEO Hurd payout dismissed

Posted: 25 Sep 2012 06:35 PM PDT

File photo of HP CEO Hurd speaking at the Fortune Brainstorm Tech conference in Pasadena(Reuters) - A federal judge has dismissed a shareholder lawsuit filed against former Hewlett Packard Co Chief Executive Mark Hurd and the company's board of directors that claimed Hurd received an excessive payout when he abruptly quit two years ago. U.S. District Judge Edward Davila of San Jose, California, said the plaintiffs failed to show that the board's approval of Hurd's separation agreement was not in the company's best interest. ...


Brazil judge orders arrest of Google president

Posted: 25 Sep 2012 06:26 PM PDT

A Brazilian judge ordered the arrest of the head of Google's operations in Brazil for failure to remove YouTube videos that attacked a mayoral candidate, which runs counter to the South American nation's strict pre-vote electoral laws.

New book details why you’re paying too much for bad home Internet service

Posted: 25 Sep 2012 05:25 PM PDT

New book details why you're paying too much for bad home Internet serviceMany people may wonder why their home Internet services keep getting more expensive even though they aren't getting much faster and even though carriers are implementing unpopular measures such as data caps. A new book called The Fine Print: How Big Companies Use "Plain English" to Rob You Blind by Pulitzer Prize-winning reporter David Cay Johnston makes the case that phone and cable companies have rigged the game against consumers by colluding with one another to form telecom cartels that don't really compete with each other for home broadband services. Yahoo Finance's Daily Ticker says that one of Johnston's prime examples of this is Verizon's (VZ) deal "to sell its services using Comcast (CMCSA) cables" rather than continuing to build out its own FiOS


Widespread use of digital "wallets" to take time: Canada panel

Posted: 25 Sep 2012 05:11 PM PDT

TORONTO (Reuters) - Canadian banks and telecom providers are scrambling to introduce smartphone digital "wallets," but the dream of completely abandoning the traditional billfold in favor of a smartphone is likely several years away, according to speakers at an e-commerce conference in Toronto on Tuesday. Digital wallets will allow consumers to make cash and credit card transactions using their smartphones by swiping the phone past a sensor and then entering a PIN number to complete the payment. ...

RIM spurs rare optimism with surprising growth, new phone

Posted: 25 Sep 2012 05:05 PM PDT

The exterior of one of the Research In Motion Limited (RIM) buildings is shown in WaterlooSAN JOSE (Reuters) - Research in Motion offered investors a ray of hope on Tuesday, announcing an unexpected increase in subscriber numbers that sent its shares up 5 percent as the company worked hard to drum up enthusiasm for its crucial Blackberry due 2013. Waterloo, Ontario-based RIM, a pioneer in the smartphone arena, has in past years lost market share in North America to Apple Inc and Samsung, whose more versatile and user-friendly devices took off. ...


Social media training set after Pa. hostage call

Posted: 25 Sep 2012 05:01 PM PDT

Klein Michael Thaxton, left, is lead into Pittsburgh Police headquarters after being apprehended without incident at Three Gateway Center in Pittsburgh, Friday Sept. 21, 2012. Thaxton held a businessman hostage inside the office building for more than five hours Friday, posting Facebook updates during the standoff, and surrendered to authorities without incident, police said. (AP Photo/The Tribune-Review, JC Schisler) PITTSBURGH OUTPittsburgh police plan to train their officers to be fluent in social media, joining other departments nationwide, days after a man armed with a hammer and kitchen knife used a hostage's computer to post Facebook messages lamenting his troubles.


Chicago looks to follow Kansas City’s lead and get into the gigabit fiber game

Posted: 25 Sep 2012 04:50 PM PDT

Chicago looks to follow Kansas City's lead and get into the gigabit fiber gameIt isn't often that proud Chicagoans will admit to envying anyone living in Kansas City, but it looks as though Chicago mayor Rahm Emanuel is eyeing Kansas City's Google (GOOG) Fiber network and thinking, "We want some of that too." GigaOM reports that Emanuel is considering laying down fiber infrastructure in Chicago since city workers are already tearing up streets to overhaul the Windy City's water distribution system. GigaOM also says Emanuel wants to "invest in broadband and Wi-Fi infrastructure to expand this nascent 'Digital Alley' to new tech zones and as well as bring cheap internet access to underserved areas throughout the city." Read


Cisco CEO: Next US president must take page from Clinton's book

Posted: 25 Sep 2012 04:43 PM PDT

NEW YORK (Reuters) - Cisco Systems Inc CEO John Chambers, a supporter of Mitt Romney, says the country's next head of state should take his cues from former President Bill Clinton, regardless of who emerges as the victor in November's election. "There's a lot to learn from President Clinton. It kills me as a strong Republican saying it, but he was the most effective president during my lifetime," Chambers told Reuters in an interview on Tuesday. ...

Register to Vote for Internet Freedom

Posted: 25 Sep 2012 04:43 PM PDT

Register to Vote for Internet FreedomWould the fight for Internet freedom get you to vote? That's the hope of a new voter registration drive labeled "Internet Votes."


Trampolines Are Bouncy Death Traps; Could a Virus Cure Acne?

Posted: 25 Sep 2012 04:29 PM PDT

Trampolines Are Bouncy Death Traps; Could a Virus Cure Acne?Discovered: Pediatricians warn of trampoline's dangers; a treatment for progeria; virus touted as cure for pimples; research universities in financial straits. 


NY woman sues man she unmasked through Google

Posted: 25 Sep 2012 04:24 PM PDT

A business consultant who pieced together information from Google to learn about a man she says was fixating on her online has sued him in a New York court.

Twitter co-founder says tweet views are more valuable than follower count

Posted: 25 Sep 2012 04:15 PM PDT

Twitter co-founder says tweet views are more valuable than follower countIn a panel held at Buzzfeed's headquarters, Twitter co-founder Evan Williams shared his view about how the follower count might not be all that important after all. As the social network sees more accounts attempt to buy their Twitter influence, Williams says that it's possible the social network service might move away from measuring how many followers a user has and replacing it with metrics based on how many views a tweet receives. "The thing I think would be more interesting than followers is… retweets," says Williams. The Twitter board member went on to say that follower counts "don't capture your distribution. Not only would an emphasis on how many times a tweet's been read provide greater accuracy for influence outreach, but it would


Pittsburgh negotiators new to Facebook wrinkle

Posted: 25 Sep 2012 04:08 PM PDT

Klein Michael Thaxton, left, is lead into Pittsburgh Police headquarters after being apprehended without incident at Three Gateway Center in Pittsburgh, Friday Sept. 21, 2012. Thaxton held a businessman hostage inside the office building for more than five hours Friday, posting Facebook updates during the standoff, and surrendered to authorities without incident, police said. (AP Photo/The Tribune-Review, JC Schisler) PITTSBURGH OUTCity police negotiators had never encountered a hostage taker who communicated publicly on Facebook during the ordeal, but say they'll train for the possibility in case it ever happens again.


Social Media's Biggest Screw-Ups [INFOGRAPHIC]

Posted: 25 Sep 2012 03:55 PM PDT

Social Media's Biggest Screw-Ups [INFOGRAPHIC]The list of celebrities and major brands burned by social media blunders is long and ever-growing.


Cisco CEO suggests Whitman will have hard time turning around HP

Posted: 25 Sep 2012 03:41 PM PDT

Chairman of the Board and CEO of Cisco John Chambers speaks at the Global Investment Conference 2012 in London(Reuters) - Meg Whitman faces a daunting task in trying to turn around Hewlett Packard -at least in the opinion of one of her chief rivals, Cisco Chief Executive John Chambers. "There's not been a company ever turned around by the fifth CEO on the job," Chambers said in a wide-ranging interview with Reuters, referring to HP's management history. Whitman replaced the harshly criticized Leo Apotheker at the helm of HP almost exactly one year ago in a bid to restore investor confidence in the iconic Silicon Valley company. Chambers said there was potential for HP, the world's No. ...


Google search data can be used to predict how well new video games will sell

Posted: 25 Sep 2012 03:40 PM PDT

Google search data can be used to predict how well new video games will sellWhat do Google (GOOG) searches and video games sales have in common? More than we thought. According to a report called "Understanding the Modern Gamer," there is a lot of insight on game sales that can be gleaned from video game-related searches. For example, using tracked search data from 2010 and 2011, the white paper reveals that "if a game accrues 250,000 clicks in the 10 months around launch, it will likely sell between 2 and 4 million units in the first four months after release." The report claims it can predict 84% of game sale just from using Google searches. In addition to predictive sales data, the analysis also says that 27% of game-related searches — for pre-orders, trailers, DLC, strategies, cheats,


Huawei urged to consider Australian float: report

Posted: 25 Sep 2012 03:39 PM PDT

A Huawei logo is seen above the company's pavilion during the CommunicAsia trade show in SingaporeSYDNEY (Reuters) - A board member of the Australian arm of China's Huawei Technologies Co Ltd, which was banned from tendering for work on Australia's $38 billion broadband network, says it should consider a local float to ease security concerns, the Australian Financial Review reported on Wednesday. The paper quoted board member John Brumby, a former premier of Victoria state, as saying he was urging Huawei to consider building an Australian research and technology centre and an eventual local stock exchange listing. ...


Relax, Facebook isn’t accidentally exposing old private messages

Posted: 25 Sep 2012 03:05 PM PDT

Relax, Facebook isn't accidentally exposing old private messagesFacebook (FB) confirmed on Thursday that reports of users seeing old private messages displayed as public wall posts are incorrect. A Facebook spokesman told TechCrunch that users are confusing old public Wall posts as old private messages because "before 2009 there were no likes and no comments on wall posts. People went back and forth with wall posts instead of having a conversation [in the comments of single wall post]." The issues appears to have stemmed from the global rollout of Timeline. Facebook says it has conducted its own investigation and "is satisfied that there has been no breach of user privacy." Despite Facebook's official statements denying the reports, users are still reporting that their old messages are being exposed


Gov. Brown gives green light to driverless cars in California

Posted: 25 Sep 2012 03:03 PM PDT

MOUNTAIN VIEW (Reuters) - California took the fast lane to the future on Tuesday when Gov. Jerry Brown signed a law that lets self-driving cars onto public roads. Brown rode to the signing ceremony at Google Inc headquarters in the passenger seat of a vehicle that steered itself, a Prius modified by Google. Google co-founder Sergey Brin and State Sen. Alex Padilla, who sponsored the bill, were along for the ride. An engineer for the technology company, Chris Urmson, sat in the driver's seat, but the car drove itself. ...

Register to Vote With Google

Posted: 25 Sep 2012 02:58 PM PDT

Register to Vote With GoogleElection Day is only 41 days away.


NYT to sell Indeed.com stake for $100M gain

Posted: 25 Sep 2012 02:51 PM PDT

The New York Times Co. is selling its minority interest in the job listing website Indeed.com and said it expects to book a $100 million profit in the fourth quarter.

IBM CEO Virginia Rometty takes on chairman title

Posted: 25 Sep 2012 02:46 PM PDT

IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year.

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