Thursday, June 21, 2012

Google stock split wins approval; CEO loses voice

Google stock split wins approval; CEO loses voice


Google stock split wins approval; CEO loses voice

Posted: 21 Jun 2012 05:09 PM PDT

FILE- In this Thursday, April 16, 2009, file photo, Google headquarters in Mountain View, Calif. Google's shareholders are expected to approve on Thursday, June 21, 2012, the company's plan to issue a new class of stock. Google's co-founders, Larry Page and Sergey Brin, and Executive Chairman Eric Schmidt are pushing for the move to ensure that they maintain long-term control of the company. (AP Photo/Paul Sakuma, File)Google shareholders gave CEO Larry Page what he wanted Thursday by approving an unconventional stock split meant to cement his authority, but he wasn't around to hail the victory.


Texas AG accuses Google of withholding evidence

Posted: 21 Jun 2012 06:22 PM PDT

FILE - In this July 25, 2011 file photo, Texas Attorney General Greg Abbott talks with the media as he leaves the Tom Green County Courthouse, in San Angelo, Texas. Abbott is accusing Google of improperly withholding evidence sought in an investigation into whether the company has been abusing its dominance of Internet search. (AP Photo/Eric Gay, File)The Texas attorney general is accusing Google of improperly withholding evidence to stymie an investigation into whether the company has been abusing its dominance of Internet search.


Tyrannosaurus skeleton sold for $1.1 million to be seized by feds

Posted: 21 Jun 2012 06:16 PM PDT

Intrigue continues to surround the Tyrannosaurus bataar skeleton that was sold for a whopping $1,052,000 at auction back in May. Even before the auction took place, the government of Mongolia stepped forward to claim that the bones were stolen from the country. … Continue reading

Tiny, futuristic microhome installs in 4 minutes via helicopter

Posted: 21 Jun 2012 06:08 PM PDT

Picture this social emergency: You've invited your best friends up to your vacation home (situated on your $12 million private island), only to realize that there aren't enough beds and rooms for everyone. The solution: Spend just under $100,000, and have … Continue reading

5 Digital Trends Shaping the Consumer Experience

Posted: 21 Jun 2012 04:59 PM PDT

Macala Wright is the publisher of FashionablyMarketing.Me, one of the leading fashion and retail industry business websites. She is a retail consultant and business strategist who specializes in marketing consulting for fashion, luxury and lifestyle brands. You can follower her on Twitter at @InsideFMM or @Macala.

Government: Apple's trying to rush antitrust case

Posted: 21 Jun 2012 05:32 PM PDT

The U.S. government says Apple Inc. wants to rush its New York antitrust lawsuit over the price of electronic books by finishing evidence gathering by year's end, and the electronics king acknowledges it has a "special urgency" in ending the case.

The pop that wasn't: Life after Facebook's IPO

Posted: 21 Jun 2012 03:08 PM PDT

FILE- In this Friday, May 18, 2012, file photo, the animated facade of the Nasdaq MarketSite, welcomes the Facebook IPO, in New York's Times Square. It's been a month since Facebook's IPO fell flat and in that time, the market for initial public offerings has gone cold. Venture capitalists say the fallout from Facebook's rocky IPO is making technology companies more cautious about going public. (AP Photo/Richard Drew, File)It's been a month since Facebook's IPO fell flat and in that time, the market for initial public offerings has collapsed.


It costs just $1.36 to charge an iPad for a year

Posted: 21 Jun 2012 02:51 PM PDT

FILE- In this, Friday, April 20, 2012, file photo, A visitor tries out a new iPad tablet computer at an Apple store in Klang, outside Kuala Lumpur, Malaysia. The annual charging cost of an iPad is just $1.36, according to the Electric Power Research Institute. The group, known as EPRI, saw Apple Inc.'s big iPad sales numbers and decided to study the tablet computer's power use to determine what effect the devices might have on the nation's electricity consumption (AP Photo/Lai Seng Sin, File)That coffee you're drinking while gazing at your iPad? It cost more than all the electricity needed to run those games, emails, videos and news stories for a year.


Cuban blog gathering prompts official criticism

Posted: 21 Jun 2012 01:03 PM PDT

Cuban bloggers and tweeters talked tech in Havana on Thursday at a Spanish-organized forum promoting social media in one of the world's most unplugged nations, prompting accusations from state-run media of an attempt to foment subversive activities.

Songza iPhone app will get you in the right mood

Posted: 21 Jun 2012 12:00 PM PDT

Between ultra-specific satellite radio, apps like Pandora with user-generated stations, and the all-you-can-eat buffet of music apps like Spotify, it's incredibly easy in 2012 to listen to the music you want to listen to. Things get more complicated, however, when you're not sure what it is you want to hear. You know you just woke up and you're a little cranky, but what bands fit that mood? Or maybe you just met a girl and you're head over heels – Pandora isn't quite specific enough to soundtrack your joy just right. ...

Nintendo to sell 3DS with bigger screens in July

Posted: 21 Jun 2012 09:16 PM PDT

Moffitt speaks during Nintendo All-Access Presentation at E3 2012 in Los AngelesTOKYO (Reuters) - Nintendo Co said on Friday it plans to launch its 3DS LL handheld game console on July 28, with a 4.88-inch display and a 4.18-inch touch panel, both nearly double the size of the current DS model. Nintendo, which is fighting increasing competition from games on mobile devices such as Apple Inc's iPhones and iPads, set an asking price of 18,900 yen ($240)for the new handheld. ($1 = 80.2750 Japanese yen) (Reporting by Mayumi Negishi; Editing by Michael Watson)


Most U.S. readers unaware of e-books at libraries: poll

Posted: 21 Jun 2012 09:05 PM PDT

NEW YORK (Reuters) - Though Kindles and Nooks are becoming almost as common as books, more than half of all U.S. readers don't know they can borrow e-books from their local library, a Pew Center poll showed on Friday. The poll showed 62 percent of readers didn't know if their library had e-books for lending, and only 12 percent of Americans 16 and older who read e-books had borrowed at least one from a library in the past year. ...

Huawei looks to build Windows Phone 8 handset, Windows 8 tablet

Posted: 21 Jun 2012 08:45 PM PDT

Huawei looks to build Windows Phone 8 handset, Windows 8 tabletMicrosoft's Windows Phone 8 has both consumers and vendors excited. The software giant's upcoming operating system that will blend mobile and desktop computing together also looks to bring new partners into the Redmond-based company's ecosystem. Huawei on Thursday announced that it has partnered with Microsoft to offer a Window Phone 8 handset later this year. "2012 is building up to be a great year for Huawei. Now, we are poised to end the year with a big bang – with the introduction of our first smartphone running on the Windows Phone platform," said Shao Yang, Huawei's chief marketing officer. "We're very excited about this relationship with Microsoft which will enable us to provide our customers with a bigger array of Huawei


Twitter suffers sustained outage amid hacker attack

Posted: 21 Jun 2012 08:11 PM PDT

A Twitter page is displayed on a laptop computer in Los AngelesSAN FRANCISCO (Reuters) - Two service outages within the course of several hours rocked microblogging platform Twitter on Thursday, as users worldwide reported significant down-time and slow service across both Twitter's website and mobile applications. Amid speculation that Twitter had been crippled by a hacker attack, the San Francisco-based company blamed the outage - one of its most severe episodes in recent months - on a "cascading bug" in one of its infrastructure components. ...


China telecom firms may be subsidized: U.S. lawmaker

Posted: 21 Jun 2012 07:52 PM PDT

A Huawei logo is seen above the company's pavilion during the CommunicAsia trade show in SingaporeWASHINGTON (Reuters) - Two of China's top telecommunications companies may be selling subsidized gear in the United States, and legislation could be proposed to deal with any related national-security threat, the head of the U.S. House of Representatives' Intelligence Committee said on Thursday. The committee is investigating what some U.S. officials suspect are close ties between the Chinese government and each of the firms, Huawei Technologies Co Ltd and ZTE Corp. ...


Google begins allowing top developers to respond to reviews on Play Store

Posted: 21 Jun 2012 07:30 PM PDT

Google begins allowing top developers to respond to reviews on Play StoreGoogle on Thursday announced that it will begin allowing select developers to reply to users reviews on its Google Play store. "User reviews on Google Play are great for helping people discover quality apps and give feedback to developers and other potential app users," Trevor Johns wrote on Google's developers blog. "But what about when developers want to give feedback to their users? Sometimes a user just needs a helping hand, or perhaps a new feature has been added and the developer wants to share the good news." The feature will be available today, initially to those with a "Top Developer badge," and based off feedback, the feature may be offered to additional developers in the future. "Conversations are meant


Twitter sets off jitters as 'bug' hits site

Posted: 21 Jun 2012 07:25 PM PDT

The outage led to a barrage of complaints and comments, some serious and others ironicTwitter said a "cascading bug" caused outages affecting millions of users of the wildly popular site, and dismissed claims of a hacker attack.


Lenovo says no new guidance on growth forecasts

Posted: 21 Jun 2012 07:13 PM PDT

A Lenovo Ultrabook is displayed during Reuters China Investment Summit in Hong KongHONG KONG (Reuters) - Lenovo Group Ltd, the world's second largest PC maker, said on Friday it has offered no new guidance on its growth predictions, a day after a Taiwan newspaper report that it had halved its growth forecasts sent its share price tumbling. Lenovo's shares closed down 9.4 percent on Thursday following the report that it had halved its projection for growth in personal computer shipments. The stock was trading down 0.9 percent by 0146 GMT on Friday in a broadly weaker market. ...


Texas AG accuses Google of withholding evidence

Posted: 21 Jun 2012 06:22 PM PDT

FILE - In this July 25, 2011 file photo, Texas Attorney General Greg Abbott talks with the media as he leaves the Tom Green County Courthouse, in San Angelo, Texas. Abbott is accusing Google of improperly withholding evidence sought in an investigation into whether the company has been abusing its dominance of Internet search. (AP Photo/Eric Gay, File)The Texas attorney general is accusing Google of improperly withholding evidence to stymie an investigation into whether the company has been abusing its dominance of Internet search.


Vizio tops U.S. LCD HDTV shipments in Q1

Posted: 21 Jun 2012 06:15 PM PDT

Vizio tops U.S. LCD HDTV shipments in Q1Vizio on Wednesday announced that it had shipped more LCD HDTVs than any other vendor in the first quarter of 2012. The company captured an 18.5% market share of the LCD HDTV industry, increasing 3.5% quarter-over-quarter, and a 27.5% overall share. "VIZIO's focus has always been to make the best technology accessible to all consumers," said Matt McRae, VIZIO Chief Technology Officer. "Today's announcement of VIZIO's #1 rank in both LCD HDTVs and sound bars validates our approach and demonstrates that VIZIO products continue to resonate with the U.S. consumer." While Vizio's LCD HDTV shipments increased in the first quarter of this year, the industry as a whole saw a decline the first time ever. Vizio's press release follows below. VIZIO


SmartMoney to close print edition, boost online

Posted: 21 Jun 2012 05:52 PM PDT

After three-straight quarters of steep advertising declines, SmartMoney's print magazine is ceasing publication and switching to an all-digital format aimed at online users.

News Summary: $1.36 to charge iPad for a year

Posted: 21 Jun 2012 05:51 PM PDT

FILE- In this, Friday, April 20, 2012, file photo, A visitor tries out a new iPad tablet computer at an Apple store in Klang, outside Kuala Lumpur, Malaysia. The annual charging cost of an iPad is just $1.36, according to the Electric Power Research Institute. The group, known as EPRI, saw Apple Inc.'s big iPad sales numbers and decided to study the tablet computer's power use to determine what effect the devices might have on the nation's electricity consumption (AP Photo/Lai Seng Sin, File)ENERGY COST: It costs $1.36 a year to charge an iPad, according to the Electric Power Research Institute, a group funded by electric utilities.


Developments in an case against Apple, publishers

Posted: 21 Jun 2012 05:42 PM PDT

Attorney General Eric Holder is seen at a news conference at the Justice Department in Washington, Wednesday, April 11, 2012. The Justice Department and several states have sued Apple Inc. and major book publishers, alleging a conspiracy to raise the price of electronic books that Attorney General Eric Holder says cost consumers millions of dollars. (AP Photo/Cliff Owen)On Thursday, the U.S. government said Apple wants to rush its antitrust lawsuit over the price of electronic books. Apple acknowledges it has a "special urgency" in ending the case.


News Summary: Gov't says Apple trying to rush case

Posted: 21 Jun 2012 05:35 PM PDT

PROCEDURAL DISPUTE: The U.S. government says Apple wants to rush its antitrust lawsuit over the price of electronic books by finishing evidence gathering by year's end. Apple acknowledges it has a "special urgency" in ending the case.

Government: Apple's trying to rush antitrust case

Posted: 21 Jun 2012 05:32 PM PDT

The U.S. government says Apple Inc. wants to rush its New York antitrust lawsuit over the price of electronic books by finishing evidence gathering by year's end, and the electronics king acknowledges it has a "special urgency" in ending the case.

Microsoft Surface battery life may not stack up to iPad

Posted: 21 Jun 2012 05:30 PM PDT

Microsoft Surface battery life may not stack up to iPadGregg Keizer at Computer World has done a little detective work on the battery life of Microsoft's Surface tablets and has found that it may be lacking compared with competitors. CW's rough estimates, which were calculated by "by comparing their watt-hour ratings with existing products that have made between-charges claims," found that the Windows RT Surface may have battery power in the 7.5-hour range, or around two-and-a-half hours less than the advertised battery life of the new iPad; Keizer says that the Windows RT Surface tablet has a listed battery power of 31.4Wh, more than 10 watt-hours less than the 42.5Wh battery in the new iPad. Keizer also spoke with iFixit CEO Kyle Wiens, who "cautioned against reading too much into the


Google stock split wins approval; CEO loses voice

Posted: 21 Jun 2012 05:09 PM PDT

FILE- In this Thursday, April 16, 2009, file photo, Google headquarters in Mountain View, Calif. Google's shareholders are expected to approve on Thursday, June 21, 2012, the company's plan to issue a new class of stock. Google's co-founders, Larry Page and Sergey Brin, and Executive Chairman Eric Schmidt are pushing for the move to ensure that they maintain long-term control of the company. (AP Photo/Paul Sakuma, File)Google shareholders gave CEO Larry Page what he wanted Thursday by approving an unconventional stock split meant to cement his authority, but he wasn't around to hail the victory.


62% of Library Users Don't Know They Can Check Out E-Books [STUDY]

Posted: 21 Jun 2012 05:08 PM PDT

As reading habits shift from printed to digital ink, public libraries are struggling to raise awareness of their digital offerings.

"Flame" can sabotage computers, attack Iran: expert

Posted: 21 Jun 2012 05:04 PM PDT

BOSTON (Reuters) - The powerful Flame computer virus is not only capable of espionage but it can also sabotage computer systems and likely was used to attack Iran in April, according to a leading security company, Symantec Corp. Iran had previously blamed Flame for causing data loss on computers in the country's main oil export terminal and Oil Ministry. But prior to Symantec's discovery, cyber experts had only unearthed evidence that proved Flame could spy on conversations on the computers it infects and steal data. ...

5 Digital Trends Shaping the Consumer Experience

Posted: 21 Jun 2012 04:59 PM PDT

Macala Wright is the publisher of FashionablyMarketing.Me, one of the leading fashion and retail industry business websites. She is a retail consultant and business strategist who specializes in marketing consulting for fashion, luxury and lifestyle brands. You can follower her on Twitter at @InsideFMM or @Macala.

Google will allow Motorola Mobility its own space

Posted: 21 Jun 2012 04:53 PM PDT

A model from Motorola Mobility Japan shows off the company's new smartphone, 'Motorola Razr'Google intends to allow its newly acquired Motorola Mobility to keep its autonomy as it battles in the hotly contested smartphone market, executives said Thursday.


Apple fined $2.29 million over misleading ’4G iPad’ claims in Australia

Posted: 21 Jun 2012 04:45 PM PDT

Apple fined $2.29 million over misleading '4G iPad' claims in AustraliaJustice Mordy Bromberg on Thursday found that Apple misled consumers in Australia with the capabilities of its third-generation iPad, Agence France-Presse reported. The Cupertino-based company was fined for "deliberately" misleading Australian consumers about the local 4G capability of its latest iPad and will be forced to pay $2.29 million. "The conduct concerned was deliberate and very serious," Bromberg said. "It exposed a significant proportion of Australian consumers of tablet devices to a misleading representation." While the slate features 4G LTE connectivity, the technology is not compatible with Australia's wireless networks. The iPhone-maker in March began offering customers a refund if they felt misled, however it was not enough. Apple was also ordered to pay roughly $305,000 in court fees. Read


NASA's World-Beating Supercomputer Gets 14% Faster

Posted: 21 Jun 2012 04:42 PM PDT

NASA's super smart computer Pleiades just became a whole lot more powerful. In order to keep up with the demands of scientists and engineers working for NASA, the computer's performance was enhanced by 14% earlier this month.

Google CEO loses voice, skips shareholder meeting

Posted: 21 Jun 2012 04:32 PM PDT

SAN FRANCISCO (Reuters) - Google Inc Chief Executive Larry Page sat out his company's annual shareholders' meeting on Thursday due to an unspecified condition affecting his voice that will sideline him from speaking engagements for several weeks. Google Executive Chairman Eric Schmidt told shareholders at the company's Mountain View headquarters that Page, who replaced Schmidt as CEO in April 2011, had "lost his voice" and would not be able to do any public speaking engagements for the time being. ...

Lawmaker: Ellison plans no major upset on Lanai

Posted: 21 Jun 2012 04:18 PM PDT

In this Oct. 5, 2011 photo, Oracle CEO Larry Ellison speaks during the Oracle OpenWorld Keynote in San Francisco. Ellison has reached a deal to buy 98 percent of the island of Lanai from its current owner, Hawaii Gov. Neil Abercrombie said Wednesday, June 20, 2012. (AP Photo/Jeff Chiu)Billionaire Larry Ellison isn't planning any radical changes for the Hawaiian island he has agreed to buy, a Hawaii state lawmaker said Thursday.


NYT adds tech heavyweights Ito, McAndrews to board

Posted: 21 Jun 2012 04:17 PM PDT

The New York Times Co. is adding two technology heavyweights to its board of directors: Joichi Ito, an early investor in Twitter, Flickr and Kickstarter, and Brian McAndrews, a venture capitalist who specializes in funding technology start-up companies.

Kyck: the Social Network for Soccer Fans

Posted: 21 Jun 2012 04:15 PM PDT

The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.

Cuban dissidents face official criticism at blog meet

Posted: 21 Jun 2012 04:01 PM PDT

Cuban opposition bloggers participate in the inauguration of the "CLICK Festival"Under the wary eye of Cuba's Communist authorities, opposition bloggers on Thursday kicked off a three-day event promoting Internet use to discuss the island's problems.


Global LCD TV shipments fall for the first time ever

Posted: 21 Jun 2012 04:00 PM PDT

Global LCD TV shipments fall for the first time everFor the first time ever, shipments of LCD TVs fell year-over-year, declining just over 3% to 43 million units. The decline had a noticeable impact on the market, with total TV shipments falling almost 8% year-over-year in the first quarter of 2012, the steepest decline since the second quarter of 2009. According to the latest report from DisplaySearch, quarterly TV shipments reached only 51 million units. "Soft demand and cautious expectations about the upcoming year in many parts of the TV supply chain have led to a slowdown in shipments," noted Paul Gagnon, NPD DisplaySearch Director of North America TV Research. "Key component prices, such as LCD panels, are not expected to decline much in 2012, and many brands are concentrating on


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