Wednesday, October 24, 2012

Apple's Mac flies in under the radar

Apple's Mac flies in under the radar


Apple's Mac flies in under the radar

Posted: 24 Oct 2012 05:44 PM PDT

Customers gather outside an Apple store before the release of iPhone 5 in MunichSAN FRANCISCO (Reuters) - Amid the fanfare accompanying the noisy launch of the iPad mini this week, Apple Inc also took the wraps off new Mac computers. The facelift may help revitalize an important lineup that -- while seeing growth tail off in the early part of 2012 -- yields 14 percent of revenue and still racks up sales growth numbers that are the envy of a flagging PC world. ...


Tech focus now on Microsoft Windows 8, Surface tablet

Posted: 24 Oct 2012 04:32 PM PDT

New Surface tablet computers by Microsoft are displayed at its unveiling in Los AngelesSEATTLE (Reuters) - Firm sales numbers for Microsoft Corp's Windows 8 and its new Surface tablet will not be available for three months, but it may be clear long before then if it has a hit on its hands. "We can definitely gauge it by chatter," said Emily Chan, an analyst at Bernstein Research. "There is a slight learning curve, so I don't think we will see that big pop that iPad saw. ...


U.S. ITC judge says Samsung infringed Apple patents

Posted: 24 Oct 2012 02:59 PM PDT

A man leaves a store selling Samsung Galaxy smartphones in SeoulWASHINGTON (Reuters) - South Korea's Samsung Electronics, the world's top maker of smartphones, infringed Apple patents to make its smartphones and tablets, a U.S. trade panel judge said in a preliminary decision issued on Wednesday. Apple had filed a complaint in mid-2011, accusing Samsung of infringing its patents in making its Captivate, Transform and Fascinate smartphones, as well as the Galaxy Tablet. Judge Thomas Pender said that Samsung infringed four Apple patents but did not violate two others listed in the complaint. ...


The Philosophy Behind Windows 8, From One of Its Creators

Posted: 24 Oct 2012 05:00 PM PDT

The Philosophy Behind Windows 8, From One of Its CreatorsMicrosoft will officially release Windows 8 to the public on Friday, and although company executives would never say so, they must be at least a little bit nervous about it. After all, the user interface (formerly known as Metro) is the most radical redesign of the operating system since Windows 95.


Facebook Barely Beats Twitter, Trounces Google+ Among Teens [VIDEO]

Posted: 24 Oct 2012 02:30 PM PDT

It came as little surprise that Facebook was the social network of choice in a recent survey of 7,700 teens across the U.S. But now that the study's authors have revealed its numbers, we can see just how much -- or indeed, how little -- Facebook won by.

Zynga shores up 2012 view after revenue beat, shares jump

Posted: 24 Oct 2012 04:38 PM PDT

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San FranciscoSAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...


Dutch court says Samsung does not infringe Apple patent

Posted: 24 Oct 2012 08:06 AM PDT

File photo of Apple's iPhone and Samsung Galaxy Note displayed at a shop in TokyoAMSTERDAM (Reuters) - A Dutch court has ruled Samsung Electronics does not infringe an Apple Inc patent by using certain multi-touch techniques on some of the Samsung Galaxy smartphones and tablet computers. Samsung and Apple, the world's top two smartphone makers, are locked in patent disputes in at least 10 countries as they vie to dominate the lucrative mobile market and win over customers with their latest gadgets. Apple scored a sweeping legal victory over its South Korean rival in August when a U.S. ...


Symantec beats Street, new CEO begins to make his mark

Posted: 24 Oct 2012 03:01 PM PDT

BOSTON, Oct 24 - Symantec Corp reported results ahead of Wall Street expectations as its new chief executive took direct control of the company's sales force as part of an effort to turn around the maker of security software. Shares in the company, which had fired its previous CEO, Enrique Salem, in July after its stock had languished for years, rallied 9 percent in extended trade. "The company is performing pretty well in a tough environment. You have a new CEO who is off to a good start," said Daniel Ives, analyst with FBR Capital Markets. ...

Spend fewer quarters on these cool ‘80s arcade games for Android

Posted: 24 Oct 2012 02:24 PM PDT

I grew up in the 1980s and spent a ton of time and quarters at the arcade. This was our main form of gaming entertainment, since personal computers were not mainstream. It's really neat to see some of the games getting ported to Android and other mobile devices. There are a lot of these classic arcade titles on Android. Maybe I will do another post or two on them, but for now here are the ones I have played and loved.

Sprint unveils new data plans for 4G LTE tablets

Posted: 24 Oct 2012 07:48 PM PDT

A woman walks past a Sprint store in New York's financial district(Reuters) - U.S. wireless carrier Sprint Nextel Corp said it will introduce new rate plans for 4G tablets that offer customers up to 20 percent more data than rivals for the same price. Competition is heating up among wireless carriers to meet growing customer demand for data as more people buy handheld devices with Internet browsing capabilities. Sprint, the No. 3 U.S. mobile service, also said in a statement that it is waiving for a limited time the activation fee on all 3G and 4G LTE tablets. ...


Holiday gadgets: Samsung launches Note II phone

Posted: 24 Oct 2012 06:08 PM PDT

Attendees try out the new Samsung Galaxy Note II during a launch event, Wednesday, Oct. 24, 2012, in New York. Aside from the 5.5 inch screen, the Note comes with a stylus and runs the latest version of Google's Android operating system, Jelly Bean. (AP Photo/Jason DeCrow)Samsung Electronics Co. has been running ads touting its Galaxy S III phone as its "next big thing." Now it has something bigger.


News Summary: Zynga posts 3Q loss, shares jump

Posted: 24 Oct 2012 05:45 PM PDT

BREATH OF RELIEF: Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.

Apple's Mac flies in under the radar

Posted: 24 Oct 2012 05:44 PM PDT

Customers gather outside an Apple store before the release of iPhone 5 in MunichSAN FRANCISCO (Reuters) - Amid the fanfare accompanying the noisy launch of the iPad mini this week, Apple Inc also took the wraps off new Mac computers. The facelift may help revitalize an important lineup that -- while seeing growth tail off in the early part of 2012 -- yields 14 percent of revenue and still racks up sales growth numbers that are the envy of a flagging PC world. ...


Teradyne 3Q profit up but outlook disappoints

Posted: 24 Oct 2012 05:14 PM PDT

Teradyne Inc. reported Wednesday after the market closed that its third-quarter net income increased 56 percent on improved revenue.

And the Actual Retail Price for Instagram Is...

Posted: 24 Oct 2012 05:13 PM PDT

And the Actual Retail Price for Instagram Is...Though the Instagram sale got a lot of press for its big $1 billion price tag, when all is said and done Facebook will only pay $715 million in cash and stock for the photo-sharing app, according to a Security and Exchange Commission filing from today. The 10-Q states that Instagram will sit in its accounting for $512 million. How do we get $715 million then? The Next Web's Alex Wilhelm does the math for us:


Babies Could One Day Have Three Parents; How Did Those Easter Island Statues Get There?

Posted: 24 Oct 2012 05:10 PM PDT

Babies Could One Day Have Three Parents; How Did Those Easter Island Statues Get There?Discovered: Recreating the Easter Island statue march; scientists create embryo from three people; brain waves separate video game pros from n00bs; bacteria that act like electric cables. 


The Philosophy Behind Windows 8, From One of Its Creators

Posted: 24 Oct 2012 05:00 PM PDT

The Philosophy Behind Windows 8, From One of Its CreatorsMicrosoft will officially release Windows 8 to the public on Friday, and although company executives would never say so, they must be at least a little bit nervous about it. After all, the user interface (formerly known as Metro) is the most radical redesign of the operating system since Windows 95.


Zynga shores up 2012 view after revenue beat, shares jump

Posted: 24 Oct 2012 04:38 PM PDT

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San FranciscoSAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street's rock-bottom expectations, driving its shares 13 percent higher. As pressure fell on the embattled "FarmVille" creator to show Wednesday that it has stabilized its spiraling business, the company assuaged investors with a series of minor announcements, from a new deal with British firm bwin.party to offer online real-money gambling in the United Kingdom to a $200 million share buyback plan that would lift its dismal share price. ...


Tech focus now on Microsoft Windows 8, Surface tablet

Posted: 24 Oct 2012 04:32 PM PDT

New Surface tablet computers by Microsoft are displayed at its unveiling in Los AngelesSEATTLE (Reuters) - Firm sales numbers for Microsoft Corp's Windows 8 and its new Surface tablet will not be available for three months, but it may be clear long before then if it has a hit on its hands. "We can definitely gauge it by chatter," said Emily Chan, an analyst at Bernstein Research. "There is a slight learning curve, so I don't think we will see that big pop that iPad saw. ...


Zynga posts 3Q loss, shares jump after-hours

Posted: 24 Oct 2012 04:31 PM PDT

FILE -In this June 26, 2012 file photo shows Zynga CEO Mark Pincus walks off the stage after an announcement of new games at Zynga headquarters in San Francisco. Battered shares of Zynga Inc. soared in after-hours trading Wednesday, Oct. 24, 2012, after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business. (AP Photo/Paul Sakuma, fIle)Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.


ASMI profit dragged down by weak chip packaging business

Posted: 24 Oct 2012 04:00 PM PDT

AMSTERDAM (Reuters) - Dutch chip equipment maker ASM International reported a 94 percent fall in profit for the third quarter, weighed down by a 79 percent fall in operating profit. ASMI, which makes equipment used for processing, assembly and packaging of semiconductors, said weak economy weighed on both its chip processing and packaging businesses. "While sales, both in Front-end and Back-end showed, despite worsening market conditions, a healthy growth, our results were lagging behind," Chief Executive Officer Chuck del Prado said in a statement. ...

Prices of Facebook stock since long-awaited IPO

Posted: 24 Oct 2012 03:49 PM PDT

A Facebook worker waits for friends to arrive outside of Facebook headquarters in Menlo Park, Calif., Friday, Aug. 17, 2012. Facebook stock is trading at $19 and has lost half its market value since its May public offering. (AP Photo/Paul Sakuma)Facebook's stock has been down on 60 trading days, up on 48 and unchanged on three since its initial public offering.


Military plans new hypersonic flight after failure

Posted: 24 Oct 2012 03:48 PM PDT

The U.S. military said Wednesday it is planning another unmanned hypersonic flight in the wake of a failed attempt.

A look at tech companies with recent IPOs

Posted: 24 Oct 2012 03:47 PM PDT

This June 20, 2012 photo shows a Facebook login page on a computer screen in Oakland, N.J. Facebook is expected to report their quarterly financial results after the market closes on Thursday, July 26, 2012. (AP Photo/Stace Maude)Facebook and other companies that went public recently are starting to report quarterly earnings. Here's a look at earnings reports from some tech companies that had IPOs since last year.


High-tech product announcements this fall

Posted: 24 Oct 2012 03:45 PM PDT

FILE - In this Friday, Nov. 27, 2009, file photo, shoppers talks with a salesperson inside an Apple Store in Chicago. As the holiday-shopping season approaches, Microsoft and Apple have scheduled major events to unveil new gadgets and software. The Microsoft event Thursday Oct. 26, 2012, will focus on Windows 8, a major update to its lucrative operating system. Apple, meanwhile, is expected to unveil a smaller iPad at an event in San Jose, Calif., on Tuesday, Oct. 23, 2012. (AP Photo/Charles Rex Arbogast, File)It's high season for consumer electronics. Manufacturers of various gadgets are unveiling their holiday lineups. Add to that products surrounding a new version of Windows coming out Friday.


What earnings reports have revealed about ads

Posted: 24 Oct 2012 03:27 PM PDT

FILE - In this May 20, 2012 file photo, a Yahoo sign stands outside the company's offices in Santa Clara, Calif. Yahoo turned in another lackluster performance in the second quarter announce the company on Tuesday, July 17, 2012. The results underscore the challenges facing Yahoo's newly hired CEO Marissa Mayer as she tries to turn around the Internet company after a 13-year career as a top Google executive. (AP Photo/Paul Sakuma, File)Companies that sell advertising have begun releasing their earnings reports for the latest quarter. Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising.


Corning may make job cuts as part of cost cuts

Posted: 24 Oct 2012 03:26 PM PDT

Corning said Wednesday that it will likely cut costs, which may include "modest" job cuts, to support profit in a weakening economy.

Windows 8: Make-or-break moment for Microsoft CEO

Posted: 24 Oct 2012 03:22 PM PDT

FILE - In this Monday, July 16, 2012, file photo, Microsoft CEO Steve Ballmer speaks at a Microsoft event in San Francisco. Ballmer can't afford to be wrong about Windows 8. If the dramatic overhaul of the Windows operating system flops, it will reinforce perceptions that Microsoft is falling behind other technology giants as the world moves on to smartphones, tablets and other sleek devices from Apple, Google and Amazon. (AP Photo/Jeff Chiu, File)Microsoft CEO Steve Ballmer can't afford to be wrong about Windows 8.


How Slight Sleep Deprivation Could Add Extra Pounds

Posted: 24 Oct 2012 03:10 PM PDT

How Slight Sleep Deprivation Could Add Extra Pounds

Symantec beats Street, new CEO begins to make his mark

Posted: 24 Oct 2012 03:01 PM PDT

BOSTON, Oct 24 - Symantec Corp reported results ahead of Wall Street expectations as its new chief executive took direct control of the company's sales force as part of an effort to turn around the maker of security software. Shares in the company, which had fired its previous CEO, Enrique Salem, in July after its stock had languished for years, rallied 9 percent in extended trade. "The company is performing pretty well in a tough environment. You have a new CEO who is off to a good start," said Daniel Ives, analyst with FBR Capital Markets. ...

U.S. ITC judge says Samsung infringed Apple patents

Posted: 24 Oct 2012 02:59 PM PDT

A man leaves a store selling Samsung Galaxy smartphones in SeoulWASHINGTON (Reuters) - South Korea's Samsung Electronics, the world's top maker of smartphones, infringed Apple patents to make its smartphones and tablets, a U.S. trade panel judge said in a preliminary decision issued on Wednesday. Apple had filed a complaint in mid-2011, accusing Samsung of infringing its patents in making its Captivate, Transform and Fascinate smartphones, as well as the Galaxy Tablet. Judge Thomas Pender said that Samsung infringed four Apple patents but did not violate two others listed in the complaint. ...


AT&T sees fewer new customers in 3Q

Posted: 24 Oct 2012 02:57 PM PDT

In this Wednesday, Oct. 17, 2012, photo, an AT&T logo is displayed on an AT&T Wireless retail store front, in Philadelphia. The flow of customers into AT&T's wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless. AT&T Inc. on Wednesday, Oct. 24, 2012, said it added a net 151,000 new customers on contract-based plans from July through September, the lowest number for that period since at least 2003. (AP Photo/Matt Rourke)The flow of customers into AT&T's wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless.


F5 shares fall after hours on weak 4Q and forecast

Posted: 24 Oct 2012 02:38 PM PDT

F5 Networks Inc.'s shares slid after the company's fiscal fourth-quarter results and first-quarter forecast fell short of market expectations as the weak economy affects corporate customers' technology spending.

Facebook Barely Beats Twitter, Trounces Google+ Among Teens [VIDEO]

Posted: 24 Oct 2012 02:30 PM PDT

It came as little surprise that Facebook was the social network of choice in a recent survey of 7,700 teens across the U.S. But now that the study's authors have revealed its numbers, we can see just how much -- or indeed, how little -- Facebook won by.

IAC stock shaken after guidance confusion

Posted: 24 Oct 2012 02:24 PM PDT

Shares of IAC/InterActiveCorp declined Wednesday amid investor confusion over the company's 2013 guidance following a mistake by a financial-information provider.

Symantec beats 2Q profit, sales expectations

Posted: 24 Oct 2012 02:08 PM PDT

Computer security company Symantec Corp. said Wednesday that its fiscal second-quarter net income rose 6 percent from a year ago as revenue ticked higher.

Zynga posts 3Q loss, signs UK gambling deal

Posted: 24 Oct 2012 01:56 PM PDT

Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.

Facebook shares post biggest single-day gain

Posted: 24 Oct 2012 01:44 PM PDT

Facebook's stock gained the most in a single day Wednesday since it began trading in May, a sign that the social media company's complicated relationship with Wall Street may be getting brighter.

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