Thursday, October 11, 2012

Exclusive: Ellison eyes fellow billionaire's AEG empire - sources

Exclusive: Ellison eyes fellow billionaire's AEG empire - sources


Exclusive: Ellison eyes fellow billionaire's AEG empire - sources

Posted: 11 Oct 2012 06:52 PM PDT

Oracle CEO Larry Ellison speaks at the company's headquarters in Redwood CityLOS ANGELES/NEW YORK - (Reuters) - Oracle Corp's Larry Ellison, known for his taste for the finer things in life, is now intrigued by a multibillion dollar sports and entertainment empire. Ellison, who recently bought a Hawaiian island, is interested in a potential bid for Anschutz Entertainment Group, owned by fellow billionaire Phil Anschutz, according to two people with knowledge of the situation. Ellison's interest in AEG, whose owner wants initial bids in the $10 billion range, is preliminary, the sources said. ...


Amazon CEO confirms Kindle sold "at cost"

Posted: 11 Oct 2012 05:52 PM PDT

Amazon CEO Bezos holds up the new Kindle Fire HD 7" and Kindle Fire HD 8.9" during Amazon's Kindle Fire event in Santa Monica(Reuters) - Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle e-reader "at cost", with profit coming instead from sales of online content. Bezos' remarks, in an interview with the BBC, marked the first time the company had confirmed long-held Wall Street assumptions that it did not make a profit on sales of the popular tablet. The aggressive pricing furthers Bezos' goal of getting Kindle tablets into the hands of as many buyers of Amazon's online content -- from games and books to video -- as possible. ...


U.S. court clears Samsung phone, hands Apple setback

Posted: 11 Oct 2012 05:13 PM PDT

File photo of Apple's iPhone and Samsung Galaxy Note displayed at a shop in TokyoWASHINGTON/SAN FRANCISCO (Reuters) - A U.S. appeals court overturned a pretrial sales ban against Samsung Electronics Co Ltd's Galaxy Nexus smartphone, dealing a setback to Apple Inc in its battle against Google Inc's increasingly popular mobile software. Apple is waging war on several fronts against Google, whose Android software powers many of Samsung's devices. The ruling on Thursday from the U.S. Court of Appeals for the Federal Circuit is not expected to have an outsized impact on the smartphone market, as the Nexus is an aging product in Samsung's lineup. ...


Sony Vaio Duo 11 Is One Strange Windows 8 Hybrid [HANDS ON]

Posted: 11 Oct 2012 03:26 PM PDT

Sony Vaio Duo 11 Is One Strange Windows 8 Hybrid [HANDS ON]Sony Vaio Duo 11


U.S. defense chief says pre-emptive action possible over cyber threat

Posted: 11 Oct 2012 08:05 PM PDT

U.S. Secretary of Defense Panetta addresses a news conference during a NATO defence ministers meeting at the Alliance headquarters in BrusselsWASHINGTON (Reuters) - The U.S. military could act pre-emptively if it detects an imminent threat of cyber attack, U.S. Defense Secretary Leon Panetta said on Thursday, urging stronger action to bolster America's defenses against such plots. In what was described by U.S. officials as the first major policy speech on cyber security by a defense secretary, Panetta lamented under-investment by America's private sector and political gridlock in Washington that he said stymied cyber security legislation. He said a presidential executive order was being considered "while we wait for Congress to act. ...


Foxconn shares surge on brokerage report on iPhone orders

Posted: 11 Oct 2012 07:10 PM PDT

Workers walk out of the entrance to a Foxconn factory in ChengduHONG KONG (Reuters) - Shares of Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, rose by more than 10 percent on Friday, extending gains from the previous day on a brokerage report that said it might get iPhone orders soon. Shares of FIH, which assembles handsets for the likes of Nokia Oyj, Huawei Technologies Co Ltd and ZTE Corp, rose as much as 10.2 percent to a high of HK$3.35 in early trade, the strongest intraday level since June. That beat a 0.8 percent gain in the benchmark index. ...


Pictoreo leads Android Apps of the Week

Posted: 11 Oct 2012 02:58 PM PDT

We've got another great round-up of new and updated Android apps this week. Leading things off is Pictoreo which lets you create fun cinemagraphs from short videos you shoot with your Android device. We've also got a cool way to quickly launch apps and settings, a new video portal from AOL, an app which is perfect for fresh parents, and an alternative to Google's navigation and mapping services which hit the market at the end of last week.

U.S. defense chief says pre-emptive action possible over cyber threat

Posted: 11 Oct 2012 08:05 PM PDT

U.S. Secretary of Defense Panetta addresses a news conference during a NATO defence ministers meeting at the Alliance headquarters in BrusselsWASHINGTON (Reuters) - The U.S. military could act pre-emptively if it detects an imminent threat of cyber attack, U.S. Defense Secretary Leon Panetta said on Thursday, urging stronger action to bolster America's defenses against such plots. In what was described by U.S. officials as the first major policy speech on cyber security by a defense secretary, Panetta lamented under-investment by America's private sector and political gridlock in Washington that he said stymied cyber security legislation. He said a presidential executive order was being considered "while we wait for Congress to act. ...


"Shamoon" virus most destructive yet for private sector, Panetta says

Posted: 11 Oct 2012 08:05 PM PDT

WASHINGTON (Reuters) - The "Shamoon" virus that attacked Saudi Arabia's state oil company, ARAMCO, was probably the most destructive attack the business sector has seen to date, U.S. Defense Secretary Leon Panetta said on Thursday. Addressing business leaders in New York, Panetta described the virus as sophisticated and noted that a similar attack days later struck Qatar's natural gas firm, Rasgas. "More than 30,000 computers that it infected (at ARAMCO) were rendered useless, and had to be replaced," he said. ...

Canopy’s touch-enabled ‘Sensus’ case pushes iPhone gaming to the next level

Posted: 11 Oct 2012 07:58 PM PDT

Canopy's touch-enabled 'Sensus' case pushes iPhone gaming to the next levelWe don't cover many iPhone cases, but when we do, they're usually pretty awesome. Canopy's "Sensus" case isn't your typical drop-protecting case. The Sensus has capacitive touch sensors built into its back to provide extra finger controls. Basically, the case adds rear touchpad controls just like on Sony's (SNE) PS Vita. And because the Sensus connects through the iPhone's dock port, it doesn't require any additional batteries. Canopy says the Sensus will even enhance common touchscreen tasks because it can free up the display from getting smudged all the time. Is a case with a rear touchpad the perfect solution to iPhone gaming? It could be. At $59, the Sensus isn't cheap but if it works as well as Canopy


Foxconn Int'l says unaware of any reason for stock jump

Posted: 11 Oct 2012 07:34 PM PDT

HONG KONG (Reuters) - Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, said on Friday it was unaware of any reason behind a sharp rise in its stock price. Shares of FIH, which assembles handsets for the likes of Nokia Oyj, Huawei Technologies Co Ltd and ZTE Corp, rose more than 10 percent earlier in the day, extending a 17 percent gain the previous day. The rise was attributed to a brokerage report from Daiwa Capital Markets saying that FIH was likely to get iPhone orders soon, even though it does not assemble Apple products now. ...

Foxconn shares surge on brokerage report on iPhone orders

Posted: 11 Oct 2012 07:10 PM PDT

Workers walk out of the entrance to a Foxconn factory in ChengduHONG KONG (Reuters) - Shares of Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, rose by more than 10 percent on Friday, extending gains from the previous day on a brokerage report that said it might get iPhone orders soon. Shares of FIH, which assembles handsets for the likes of Nokia Oyj, Huawei Technologies Co Ltd and ZTE Corp, rose as much as 10.2 percent to a high of HK$3.35 in early trade, the strongest intraday level since June. That beat a 0.8 percent gain in the benchmark index. ...


Mozilla yanks Firefox 16 over security flaw

Posted: 11 Oct 2012 07:02 PM PDT

Mozilla yanks Firefox 16 over security flawThis is why it's always good to wait a bit before downloading new versions of browsers. In a post on Mozilla's official security blog, the organization says it has discovered a "serious security flaw" in the latest version of its Firefox browser and has stopped offering it to users so that it can be fixed. The company has already released a patch for the Android version of Firefox 16 and has created a webpage that will help Firefox users temporarily downgrade their browser to the previous version. Mozilla says that the Firefox 16 security flaw "could allow a malicious site to potentially determine which websites users have visited and have access to the URL or URL parameters." [Via TGDaily] Read


US video game sales fall 24 percent in September

Posted: 11 Oct 2012 06:12 PM PDT

U.S. retail sales of new video-game hardware, software and accessories fell 24 percent in September.

PC parts suppliers reportedly concerned no one will want Windows 8 until next year

Posted: 11 Oct 2012 06:09 PM PDT

PC parts suppliers reportedly concerned no one will want Windows 8 until next yearThe PC industry is not in a good place right now. Projections from multiple firms suggest the industry as a whole will decline in 2012 for the first time in more than a decade, and a number of industry leaders recently trimmed their forecasts. PC parts suppliers are obviously feeling the impact of sliding sales as well, and according to a report from Digitimes, they were banking on Windows 8 creating an influx of demand in the fourth quarter this year. Anonymous sources from multiple parts suppliers are now telling the site that they are concerned by potentially low demand at launch, however, and they now believe Windows 8 won't cause sales to pop until sometime in the first quarter


Amazon CEO confirms Kindle sold "at cost"

Posted: 11 Oct 2012 05:52 PM PDT

Amazon CEO Bezos holds up the new Kindle Fire HD 7" and Kindle Fire HD 8.9" during Amazon's Kindle Fire event in Santa Monica(Reuters) - Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle e-reader "at cost", with profit coming instead from sales of online content. Bezos' remarks, in an interview with the BBC, marked the first time the company had confirmed long-held Wall Street assumptions that it did not make a profit on sales of the popular tablet. The aggressive pricing furthers Bezos' goal of getting Kindle tablets into the hands of as many buyers of Amazon's online content -- from games and books to video -- as possible. ...


There are now roughly 6 billion cell phone subscribers in the world

Posted: 11 Oct 2012 05:27 PM PDT

There are now roughly 6 billion cell phone subscribers in the worldThere are believed to be more than 7 billion people on this planet, and the overwhelming majority of them own cell phones. According to the International Telecommunication Union, roughly 86 out of 100 people own at least one cell phone, totaling approximately 6 billion subscriptions. China alone accounts for 1 billion users and India is expected to hit the same milestone in the coming months, the Associated Press reported. The U.N. agency also reported that 2.3 billion people, or about one in three globally, were Internet users, however there were inconsistencies between rich and developing countries. The ITU notes that 70% of people who use the Internet are from wealthier and more industrialized countries, compared to 24% who are located


RIM sees Active Frames multitasking feature as one of BlackBerry 10′s difference makers

Posted: 11 Oct 2012 04:51 PM PDT

RIM sees Active Frames multitasking feature as one of BlackBerry 10′s difference makersSo RIM (RIMM) is showing off some of its BlackBerry 10 features at CTIA's MobileCon this week and VentureBeat reports that the company is banking on its new Active Frames feature as a key differentiator that will set it apart from rival devices. The concept behind Active Frames is pretty simply: No one likes minimizing apps on their smartphones and then flipping through different screens to open up new ones. So Active Frames creates a series of minimized windows on users' screens that show them all the apps they're currently running, and it lets them easily flip through them without having to return to a central home screen and clicking on separate icons. "What we're trying to do is streamline [the


Google Maps runs another lap around Apple, updates 250,000 miles of roads

Posted: 11 Oct 2012 04:16 PM PDT

Google Maps runs another lap around Apple, updates 250,000 miles of roadsThe trouble with trying to catch up with Google (GOOG) Maps right now is that Google isn't exactly resting on its laurels. Case in point: Google on Thursday updated more than 250,000 miles of road images on Street View , which the company says is its largest update for the feature yet. The update includes increased road coverage in the United States, Macau, Singapore, Sweden, Thailand, Taiwan, Italy, Great Britain, Denmark, Norway and Canada, and "special collections" in South Africa, Japan, Spain, France, Brazil and Mexico. On Google's Maps blog, the company showed off new Street View updates for Taiwan's Taroko National Park and Denmark's Kronborg castle. Read


ESPN's 'Social Highlights' Mash Up Shows Big Moments From Fans' Lens[VIDEO]

Posted: 11 Oct 2012 03:42 PM PDT

ESPN's 'Social Highlights' Mash Up Shows Big Moments From Fans' Lens[VIDEO]The sports highlight is extremely standardized by now: an amazing play, sequence or moment is replayed from one or more angles, while a news anchor or announcer recaps what happened. Sometimes the video runs along with its original play-by-play audio, or maybe with the live radio call.


Vizio prepares for the holidays with new Windows 8 notebooks and All-in-Ones

Posted: 11 Oct 2012 03:39 PM PDT

Vizio prepares for the holidays with new Windows 8 notebooks and All-in-OnesVizio on Thursday announced a variety of Windows 8 PCs and laptops that will be available in time for the holiday season. The company's new all-in-one PC features a full HD 1080p 10-finger touchscreen display, 500GB hard drive and a built-in 2.1 audio system with a subwoofer, and it will be available in both 24-inch and 27-inch models. Vizio also announced a 14-inch and 15.6-inch Ultrabook and a 15.6-inch full HD notebook. All of the company's computers are powered by Intel's (INTC) third-generation processors, known as Ivy Bridge, and Windows 8. The Ultrabooks will be available in October starting at $849, while the all-in-one touch PCs will start at $998 and the full HD notebook can be had for $1,129.


Sony Vaio Duo 11 Is One Strange Windows 8 Hybrid [HANDS ON]

Posted: 11 Oct 2012 03:26 PM PDT

Sony Vaio Duo 11 Is One Strange Windows 8 Hybrid [HANDS ON]Sony Vaio Duo 11


Left and Right Use Smartphones For Politics

Posted: 11 Oct 2012 03:15 PM PDT

A Pew Internet & American Life Project poll shows both Republican and Democrat voters are turning to their mobile phones for election information. Larry Greenemeier reports.

Shutterstock shares pop after $76.5 million IPO

Posted: 11 Oct 2012 03:12 PM PDT

Shares of Shutterstock jumped nearly 30 percent in their first hours of trading, after the Internet provider of stock photos and videos raised $76.5 million in its initial public stock offering.

Softbank in talks to invest in Sprint

Posted: 11 Oct 2012 03:09 PM PDT

FILE - In this combination of Associated Press file photo, a woman walks by a SoftBank shop in Tokyo Thursday, April 26, 2012, and a man walks past a Sprint store, Tuesday, April 27, 2010 in New York. Japanese cellphone company Softbank Corp. was in talks Thursday about taking a substantial ownership stake in struggling U.S. carrier Sprint Nextel Corp. Sprint, the third-largest cellphone company in the U.S., said the deal could be big enough to involve a "change of control" of the company. It didn't provide any other details. (AP Photo)Japanese cellphone company Softbank Corp. was in talks Thursday about taking a substantial ownership stake in struggling U.S. carrier Sprint Nextel Corp.


Sony’s digital PlayStation Store is getting a massive makeover on October 17th

Posted: 11 Oct 2012 03:08 PM PDT

Sony's digital PlayStation Store is getting a massive makeover on October 17thSony's (SNE) PlayStation Store is getting a complete redesign on October 17th. Sony is replacing the old casual blue interface with a darker, more hardcore-looking design that resonates better with the PlayStation 3 and PS Vita demographic. Gone are all of the tiny little generic icons and in its place are nice big and clear tiles that prominently display how much a game, app, video or song costs. According to Eurogamer, Sony tweaked the search to make it faster and easier to use with smarter recommendations and results. The entire UI appears to have gotten a facelift with menus that are much more navigable than before. In fact, Eurogamer went as far as to say the new PlayStation Store revamp feels very much inspired


A look at how some IPO stocks have fared

Posted: 11 Oct 2012 02:24 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 public debut was the most anticipated tech IPO since Google went public in August 2004. But the stock has lost much of its value since it began trading in mid-May.


Prices of Facebook stock since long-awaited IPO

Posted: 11 Oct 2012 02:20 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 57 trading days, up on 43 and unchanged on two since its initial public offering.


'Next Iron Chef' Web Show Outcome Affects TV Series [PREMIERE]

Posted: 11 Oct 2012 02:17 PM PDT

'Next Iron Chef' Web Show Outcome Affects TV Series [PREMIERE]The tenth and final contestant on The Next Iron Chef's season five, which premieres Nov. 4 on TV, will be revealed at the conclusion of a web-only "Road to Redemption" tournament.


Earns schedule for selected cos. in advertising

Posted: 11 Oct 2012 02:14 PM PDT

Later this month, several companies that sell advertising will begin releasing their earnings reports for the latest quarter. The reports will generally cover the July-September period, though some companies have fiscal quarters that depart from that.

Earns schedule for selected technology companies

Posted: 11 Oct 2012 02:12 PM PDT

Later this month, several technology companies will begin releasing their earnings reports for the latest quarter. The reports will generally cover the July-September period, though some companies have fiscal quarters that depart from that.

Earns schedule for video game companies

Posted: 11 Oct 2012 02:10 PM PDT

Later this month, companies in the video games industry will begin releasing their earnings reports for the latest quarter. The reports will generally cover the July-September period, though many companies in the industry have fiscal quarters that depart from that.

Earns schedule for chips, PCs, services companies

Posted: 11 Oct 2012 02:10 PM PDT

Later this month, several companies providing computers, components, services and related software will begin releasing their earnings reports for the latest quarter. The reports will generally cover the July-September period, though some companies have fiscal quarters that depart from that.

Earns schedule for consumer-electronics makers

Posted: 11 Oct 2012 02:08 PM PDT

Later this month, several makers and sellers of consumer-electronics devices will begin releasing their earnings reports for the latest quarter. The reports will generally cover the July-September period, though some companies have fiscal quarters that depart from that.

Earns schedule for makers of phones and tablets

Posted: 11 Oct 2012 02:07 PM PDT

Later this month, makers of phones and tablet computers will start releasing results for the latest quarter. The reports will generally cover the July-September period, though some companies have fiscal quarters that depart from that.

Apple hires away former star Samsung chip designer

Posted: 11 Oct 2012 02:07 PM PDT

Apple hires away former star Samsung chip designerThe rivalry between Apple (AAPL) and Samsung (005930) just became a whole lot more intense. According to the Wall Street Journal, Apple has hired former Samsung chip designer Jim Mergard to possibly design new mobile processors for future devices. A former AMD (AMD) vice president and chief engineer, Mergard is said to be "very capable of pulling together internal and external resources to do a PC processor for Apple," according to another former AMD executive and colleague Patrick Moorhead, who now works at Moor Insights & Strategy. In recent years, Apple has moved to designing its own microprocessors for its iPhone and iPad to achieve top-notch battery life and an unrivaled performance. Samsung merely produces the chips Apple designs. As


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