NewsOK member benefits

Oklahoma Technology News

Follow @newsok

Lillie-Beth Brinkman

Get App-y: 5 apps for your summer travel photos...

Lillie-Beth Brinkman |

Technology news from NewsOK

UMaine unveils offshore wind data buoy

May 24, 2013 ORONO, Maine (AP) — A data-collection buoy that can be plopped in the ocean and used to determine the suitability of remote locations for offshore wind farms is ready for real-world testing, the University of Maine announced Friday. The university's advanced composites center worked with private industry... Read More

Schumer urges look at security in Sprint deal May 24, 2013 NEW YORK (AP) — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking. The New York... Read More

A look at Netflix since stock plunged from peak

May 24, 2013 Here's a look at Netflix since its stock peaked in July 2011 at nearly $305. Netflix had just announced an unpopular price increase in the U.S., and investors got worried by the intensity of the customer backlash. Even after subscriber complaints subsided, investors remained concerned about intensifying competition... Read More

Investors shift focus to growth stocks May 24, 2013 NEW YORK (AP) — Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again. The best returns in the Standard & Poor's 500 index over the past month have been posted by technology companies. Industrial companies as well as banks and insurers are also performing... Read More

By The Numbers: Netflix subscribers

May 24, 2013 In the first three months of the year, Netflix gained 2 million U.S. Internet subscribers, thanks in part to the success of the political drama "House of Cards," which debuted in February. Netflix is expected to get another boost this weekend with the revival of "Arrested Development." Here's a breakdown of Netflix... Read More

Details on how News Corp. split will work May 24, 2013 News Corp. is planning to split into two companies. One company will operate as a newspaper and book publisher and will retain the News Corp. name. The other will be an entertainment company, called 21st Century Fox. Here's how the split will work: — Newspapers, book publishing and information services such as... Read More

Dish and Ntelos reach broadband partnership pact May 24, 2013 ENGLEWOOD, Colo. (AP) — Satellite TV provider Dish Network and regional cellphone company Ntelos said Friday that they have agreed to develop a fixed-mobile broadband service within Ntelos' coverage area. Financial terms were not disclosed. The area in question covers customers in Virginia, West Virginia and... Read More

Taiwan cuts growth forecast on muted export demand May 24, 2013 TAIPEI, Taiwan (AP) — Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued. In February, the government predicted 3.6 percent growth this year. The economy grew 1.3 percent in 2012. The government said Friday the... Read More

Calif. bill would prohibit ticket-buying software May 23, 2013 SACRAMENTO, Calif. (AP) — Music and sports fans would have one less obstacle in buying tickets to popular events under a bill advancing through the California Legislature. Legislation by Democratic Assemblyman Richard Pan of Sacramento would prohibit the use of robotic ticket-buying software. Supporters of AB329... Read More

Pandora posts in-line 1Q loss, upbeat sales May 23, 2013 LOS ANGELES (AP) — Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the number of subscribers who pay for ad-free listening more than doubled to exceed 2.5 million. Pandora predicted that it may break even in... Read More

GameStop 1Q net income falls but beats Street May 23, 2013 GRAPEVINE, Texas (AP) — GameStop Corp. said Thursday that its first-quarter net income fell 25 percent as revenue declined, but results at the world's biggest video game retailer surpassed Wall Street's expectations. The company earned $54.6 million, or 46 cents per share, in the three months that ended on May... Read More

Dover to spin off communications businesses May 23, 2013 DOWNERS GROVE, Ill. (AP) — Equipment maker Dover Corp. said Thursday that its board has approved a plan to spin off some of its communication technologies businesses into a new publicly traded company. Dover shares rose almost 2 percent in premarket trading Thursday. The new company will be known as Knowles... Read More

Lenovo says quarterly profit up 90 percent May 23, 2013 BEIJING (AP) — Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded. Lenovo said it earned $127 million, or 1.22 cents per share, in the three months ending March 31. Revenue rose 4 percent over a year earlier to... Read More

News Summary: HP's stock rises despite 2Q erosion May 22, 2013 MIXED BAG: Hewlett-Packard Co.'s latest quarterly report showed the company's earnings are holding up better than management and analysts anticipated, even as the world's largest personal computer maker struggled to meet the growing demand for more versatile and less expensive mobile devices. RELIEF RALLY: After... Read More

HP's 2Q offers hope even as revenue slump deepens

May 22, 2013 SAN FRANCISCO (AP) — Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain. The... Read More

Tesla uses stock, note sale to repay government May 22, 2013 DETROIT (AP) — Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off a... Read More

Business Highlights May 22, 2013 ___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an... Read More

New Chevy Sonic is RS hatchback

May 22, 2013 The newest Chevrolet Sonic is a peppy, stylish, versatile and good handling RS hatchback with standard turbo engine, leather-trimmed seats and smartphone infotainment link — all for a starting price tag of less $21,000. Better yet, the 2013 Sonic 5-Door RS has the top, overall, five-out-of-five-stars rating for... Read More

The new consoles from Microsoft, Nintendo and Sony

May 22, 2013 NEW YORK (AP) — Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony. Each... Read More

First Look: New Xbox elegant, but much unknown

May 22, 2013 REDMOND, Wash. (AP) — Will gamers want One? After four years of development, Microsoft unveiled the Xbox One entertainment console and touted it as an all-in-one solution for playing games, watching TV and doing everything in between. Microsoft wants the Xbox One to be central to your living room, so it packed... Read More

Tesla shows Model S to influence NC auto bill May 22, 2013 RALEIGH, N.C. (AP) — North Carolina lawmakers and passersby stopped to take in a display of Tesla Motors' award-winning electric cars Wednesday as the company presses against a bill in the General Assembly that effectively outlaws Tesla's Internet-based sales model. The California automaker drew sporadic crowds... Read More

Clearwire board approves higher Sprint offer May 22, 2013 BELLEVUE, Wash. (AP) — Clearwire wants to accept a richer buyout offer made by Sprint this week and is recommending that shareholders vote in favor of it. Sprint upped its bid by 14 percent to $2.5 billion Tuesday for the wireless data network operator. Some shareholders have opposed the deal, including Crest... Read More

Schumer: US needs storm app for tablets, phones May 22, 2013 ALBANY, N.Y. (AP) — U.S. Sen. Charles Schumer is proposing a national application for smartphones, tablets and the Internet which would quickly update comprehensive storm warnings nationwide. The app would simplify, streamline and digitize complex data to avoid confusion resulting from conflicting media reports... Read More

Sony mulls hedge fund's entertainment sale idea

May 22, 2013 TOKYO (AP) — Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a corporate strategy presentation Wednesday. He did not give a timetable... Read More

Senate panel approves immigration bill

May 21, 2013 WASHINGTON (AP) — Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses. The 13-5... Read More